A product market focuses on finished goods purchased by consumers, businesses, the public sector and foreign buyers.
Answer:
C. upper-level administration
Explanation:
.
Answer:
The correct answer is letter "B": Cost of goods sold.
Explanation:
Permanent accounts are those that do not close at the end of a period because their values are measured cumulatively. They include asset, liability, and capital accounts. Permanent accounts are reported in the Balance Sheet. They are the opposite of temporary accounts which are closed period by period.
<em>Asset accounts such as accumulated depreciation and inventories or Liability accounts like current liabilities are considered permanent accounts. Cost of goods sold is considered a temporary account.</em>
Answer:
(C) Supply chain management should begin with a focus on "the customer".
Explanation:
Supply chain management involves managing all the processes involved in converting raw materials to finished goods and distributing such goods or services to satisfy customer needs.
Processes involved in supply chain management include; sourcing for raw materials, manufacturing, packaging, delivery, customer service.
Before any of these processes are carried out however, an organization must first focus on identifying the needs of its customers and then provide products that add value for the customers and satisfy their needs.
Answer:
it acts as a stimulus to a market
Explanation:
an incentive is the extra money given to an employee for the constant hard work done,this can therefore act as a stimulus.
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