Answer:
The correct answer is B
Explanation:
Purchase is the term which is defined as the bought or purchase of raw material that is necessary or required for the business in order to create or manufacture goods or services. So, that the product could be presented into the market for sale and the business could make profit from the sale of product.
So, the statement is false as the acquisition of material is charged to the purchase account.
Answer: B
Before any actual work is begun you need to have a formal application so there’s something to be worked with.
Answer:
market segmentation
Explanation:
Market segmentation -
It is the marketing strategy , where the market is bifurcated into different segments , according to the needs of the consumers , is referred to as market segmentation .
The needs and taste of the consumers are considered , for a particular segment , and is incorporated into the goods and services .
Hence , from the given scenario of the question ,
The correct term is market segmentation .
The statement mentioned above regarding manufacturing in the United States is true.
<h3>What is manufacturing?</h3>
Manufacturing refers to the changing or conversion of the raw material into finished products and deliver it to the customers directly or indirectly. The manufacture of the products in order to maximize their profits and satisfy the needs of the customers.
More young individuals entering the industrial industry could have a significant impact on the manufacturing growth in the United States. Young people use their creativity and knowledge to increase the production.
The number of people has increased in manufacturing sectors. Therefore, it can be concluded that the statement mentioned above is true.
Learn more about manufacturing here:
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