Answer:
c. Fluffy Pillows, a U.S.-based pillow company, sells the same pillows worldwide.
Explanation:
Globalization of markets occurs when different markets in the world are integrated and merged into just one market when similar tastes, preferences, norms, convenience and values are identified which facilitate a gradual change in culture towards the use of similar commodities.
The the sale of the same pillows worldwide by the U.S.-based pillow company, Fluffy Pillows, is a good example of globalization of markets .This is because the company has been able to integrate and merger all the pillow markets in the world to just one and has therefore facilitated a gradual change in tastes and preferences for its pillow making the use of the same pillow possible worldwide.
I wish you all the best.
<span>As far as I remember, value-added network or VAN is t</span>hird-party business that provides networking services such as EDI services, storage, or email. VAN is needed to simplify the communications process between company and its partners or clients by reducing the number of contacts that company doesn't need to communicate.
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Answer: A. Box D, which represents public goods.
Explanation:
A public good is referred to as a good that possesses two main characteristics which are non-rivalrous and non-excludable.
This simply means that individuals nobody can be excluded from using a public good and.itsuse by one individual doesn't affect others from using it too.
Since Emma's use of good x does not affect anyone else's use of good x and neither Emma nor anyone else can be prevented from using the good, then it's a public good.
Answer:
Brooks Company
Journal Entries
a. November 6:
Debit Inventory $10,000
Credit Accounts Payable (Nelson Company) $10,000
To record the purchase of goods on account, terms 4/10, n/30.
b. November 12:
Debit Accounts Payable (Nelson Company) $2,300
Credit Inventory $2,300
To record the return of goods.
c. November 16:
Debit Accounts Payable (Nelson Company) $7,700
Credit Cash Discount $308
Credit Cash Account $7,392
To record the payment of cash on account.
Explanation:
Brooks Company uses Journal entries to record its business transactions as they occur on a daily basis. Journal entries identify the accounts to be debited and the accounts to be credited as they will appear in the general ledger.