How has digital marketing impacted the service sector?
Few people use digital marketing to connect with service professionals.
Consumers use online services only to research service professionals, not to connect with them.
Consumers primarily choose online services to prepare taxes.
An increasing number of consumers are looking for digital connections to service providers, such as lawyers or mortgage brokers.
Answers
An increasing number of consumers are looking for digital connections to service providers, such as lawyers or mortgage brokers.
Digital marketing has had a significant impact on the service sector by changing the way consumers interact and engage with service professionals. With the rise of digital platforms and online marketplaces, consumers now have the convenience and accessibility to search, evaluate, and connect with service providers through digital channels. Digital marketing has facilitated a shift in consumer behavior, enabling them to research and discover service professionals online. Consumers can now read reviews, compare prices, and gather information about service providers before making a decision. This transparency and accessibility provided by digital marketing have empowered consumers to make informed choices and select the most suitable service professionals for their needs. Furthermore, digital marketing has expanded the reach and visibility of service providers. Through targeted advertising, search engine optimization (SEO), and social media marketing, service professionals can promote their services to a wider audience, attracting potential customers who are actively seeking their expertise. This increased visibility and accessibility have opened up new avenues for service providers to connect with customers, establish their brand, and build long-term relationships. Overall, digital marketing has revolutionized the service sector by providing consumers with more options, convenience, and access to a broader range of service professionals. It has created a digital marketplace where consumers can connect, research, and engage with service providers, driving increased competition and opportunities for growth in the service industry.
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Related Questions
Vendors submit invoices prior to receiving purchase orders from companies.
True
False
Answers
Answer:
False
Explanation:
Only after the purchase was approved
Instructions,
Sort the following into proprietorship, partnership, and corporation.
Answers
The Sorting of the text is into proprietorship, partnership, and corporation is given below.
What is the business about?Business ownership can take one of three lawful shapes: sole proprietorship, association, or enterprise. It is critical to choose the foremost suitable frame of ownership that best suits your needs and the wants of your commerce.
An enterprise may be a legitimate substance partitioned from its proprietors, made up of people, bunches, or other enterprises, that has the control to conduct commerce and to claim property, resources, and liabilities.
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See text below
FORMS OF BUSINESS OWNERSHIP SORTING ACTIVITY
SOLE PROPRIETORSHIP
PARTNERSHIP
CORPORATION
Double taxation
Easiest to start
Proprietor is in charge Unlimited liability
Does not end when an owner dies
More government regulation Many run out of money Limited access to credit
Easier to obtain credit
Not dependent on a sole person
Requires a charter Difficult and costly to start Proprietor keeps all the profits Business ends when owner dies
Requires an agreement
Taxed once
Stockholders pay taxes on
Diversity in skills
Business risk is shared
Limited liability
profits issued to them
Easier to obtain capital
If one partner makes a mistake, all partners are responsible
Raise money by selling stock
Easy to start
Most common
Unlimited legal and financial liability is shared
Owner may not have all the necessary skills
Least regulated
Question 1(Multiple Choice Worth 5 points)
(01.04 MC)
The internal auditor is an important member of the accounting department who is responsible for
creating budgets for hiring new employees
obtaining sources of financing
O ensuring accounting information is accurate
reducing the amount of taxes owed. WILL GIVE BRAINLIEST
Answers
Answer: The internal auditor is an important member of the accounting department who is responsible for creating budgets for hiring new employees
Explanation: They investigate financial and professional records to ensure companies and their employees comply with laws and regulations, monitor risks, and evaluate internal controls
pls mark me brainliest ans
Explanation:
An internal auditor (IA) is a trained professional employed by companies to provide independent and objective evaluations of financial and operational business activities, including corporate governance. They are tasked with ensuring that companies comply with laws and regulations, follow proper procedures, and function as efficiently as possible.
regarding earnest money deposits, a broker a) must report to the irs the receipt of more than $5,000 in cash. b) must deposit the funds within one business day after receipt. c) may not accept a postdated check under any circumstances, because such instruments are illegal in florida. d) is not responsible if the check fails to clear, provided the broker deposited the check within three business days.
Answers
Earnest money refers to the deposit paid by a buyer to a seller, reflecting the good faith of a buyer in purchasing a home.
When must a broker deposit earnest money?In our market, the escrow business must receive the earnest money deposit three days after the offer is accepted. Although the earnest money deposit could potentially be held by the broker, most brokerages work to keep client money separate from their own. A sort of deposit given by homebuyers to sellers is known as an earnest money deposit, or EMD. EMD is paid by buyers to sellers of real estate and other public and private projects. It is typically a little sum given to the seller as a sign of interest in purchasing real estate. Neither party may hold the earnest money deposit in a dishonest manner. This means that the deposit should be released as soon as feasible in the absence of a legitimate, reasonable demand.To learn more about broker deposit refer to:
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True or False: In most large organizations, buying decisions are made exclusively by members of the purchasing or procurement department, with limited or no input from other employees. True false question. True False
Answers
It is FALSE to claim that buying decisions are made exclusively by the purchasing or procurement department because there is always the required input from other employees from the production or sales department.
The input of the production or the sales department is crucial in any buying decision. Where there is a separate marketing department, the marketing employees also make their input into the buying decisions.
Thus, it is FALSE, claiming that buying decisions are exclusive to the purchasing or procurement department in large organizations.
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Which of the following is NOT considered a goal of product promotion?
O Build product awareness
O Stimulate new product innovation
O Create customer interest
O Reinforce a positive product image
Answers
Can I get some assistance
Answers
Question 2:5
Question 3:D
Question 4:C
Question 5:B
Which expense category will most likely be changed to allow money for the purchase of a car?
O savings
groceries
Outilities
o entertainment
Answers
It is likely that the savings category will be changed to allow money for the purchase of a car.
What is saving?Saving refers to the act of setting aside a portion of income or resources for future use. It is a critical aspect of personal finance as it allows individuals to plan for their long-term financial goals and provides a safety net in case of unexpected expenses or emergencies.
Saving can be done in a variety of ways, such as opening a savings account, investing in stocks or other assets, or simply keeping cash in a safe place. The amount saved can be small or large, depending on one's income and financial goals.
Some people save for specific goals, such as a down payment on a house or a college education for their children, while others save to build an emergency fund or to save for retirement.
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Information that informs business practices often come in the form of a brief report. Question 11 options: True False
Answers
True.
Information that informs business practices is often presented in the form of a brief report.
This report may include relevant data, analysis, and recommendations to guide decision-making and improve business operations.
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What might be an advantage of using credit
Answers
Which of the following should be a manufacturer's first step when designing an effective marketing channel?
A.
identify channel alternatives
B.
analyze consumer needs
C.
set channel objectives
D.
evaluate channel alternatives
E.
establish strategic alliances
Answers
The manufacturer's first step when designing an effective marketing channel should be B. Analyze consumer needs. By understanding the needs of your target audience, you can better design a marketing channel that caters to their preferences and requirements. This will help ensure that your marketing efforts are relevant and effective. Here's a brief outline of the process:
1. Analyze consumer needs - Understand your target audience and their preferences.
2. Set channel objectives - Define the goals you want to achieve with your marketing channel.
3. Identify channel alternatives - Explore different channel options available to you.
4. Evaluate channel alternatives - Assess the pros and cons of each alternative and select the most suitable one.
5. Establish strategic alliances - Collaborate with other companies to enhance the effectiveness of your marketing channel.
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question content area when an account receivable is written off under the direct write-off method, the accounting equation is kept in balance because
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question content area when an account receivable is written off under the direct write-off method, the accounting equation is kept in balance because accounts receivable.
What is accounts receivable?
Accounts receivable, often known as AR or A/R,[1] refers to a company's legally enforceable claims for payment for items delivered or services provided that consumers have requested but haven't paid for. They often take the form of invoices that a firm issues and sends to the client for payment within a predetermined time limit. The balance sheet displays accounts receivable as an asset. The invoicing of a client for the goods and services they have requested is dealt with through a number of accounting activities. These can be contrasted from notes receivable, which are obligations established by formal legal documents called promissory notes.
Accounts receivable are sums of money that organizations owe the company for the sale of goods or services on credit. Accounts receivable is normally handled by creating an invoice, mailing it or delivering it electronically to the client, who then has a certain amount of time to pay it off (the "credit terms" or "payment terms") in order to complete the transaction.
sales that a company has generated.
the sum of money paid in exchange for products or services.
Each month's outstanding balance differs in amount (debtors).
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question content area when an account receivable is written off under the direct write-off method, the accounting equation is kept in balance because
In order to retain certain key executives, Jensen Corporation granted them incentive share options on December 31, 2017. 50,000 options were granted at an option price of €35 per share. Market prices of the shares were as follows:
December 31, 2018 €46 per share
December 31, 2019 51 per share
The options were granted as compensation for executives' services to be rendered over a two-year period beginning January 1, 2018. The Black-Scholes option pricing model determines total compensation expense to be €500,000. What amount of compensation expense should Jensen recognize as a result of this plan for the year ended
December 31, 2018 under the fair value method?
Answers
Under the fair value method, Jensen Corporation should recognize compensation expense for the year ended December 31, 2018, equal to the fair value of the options granted on the grant date, adjusted for any forfeitures.
The fair value of the options can be determined using the Black-Scholes option pricing model, which takes into account the option price, market price of the shares, time until expiration, volatility, and risk-free interest rate. In this case, the fair value of the options granted on December 31, 2017, is €500,000, which should be recognized as compensation expense for the year ended December 31, 2018.
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Pyschographic segmentation involves grouping people based on where they live.
Answers
Answer:
False
Explanation:
Psychographic segmentation involves classifying people by preferred activities, interests, opinions, social class, personality, and lifestyle. Psychographic segmentation categorizes customers based on internal characteristics. Psychographic segmentation requires marketers to consider what customers value in life, why they behave in specific ways, and the things they consider valuable.
Geographic segmentation is the strategy marketers use when you serve customers in the same area.
A cat fell into a well which was 18 meters deep. It did manage to climb out, but with difficulty. For every minute of climbing upward, the cat gained 3 meters. It was then so tired it had to rest for one minute, during the rest it slid back 2 meters. How long did it take the cat to get out of the well? Please please give a step by step answer with explanation
Answers
To determine how long it took the cat to get out of the well, we'll break down the process step by step:
The cat gains 3 meters for every minute of climbing upward.
However, during each resting minute, the cat slides back 2 meters.
Let's track the cat's progress minute by minute:
Minute 1: The cat climbs up 3 meters and reaches a height of 3 meters.Minute 2: The cat climbs up 3 meters and reaches a height of 6 meters.Minute 3: The cat climbs up 3 meters and reaches a height of 9 meters.Minute 4: The cat climbs up 3 meters and reaches a height of 12 meters.Minute 5: The cat climbs up 3 meters and reaches a height of 15 meters.Minute 6: The cat climbs up 3 meters and reaches a height of 18 meters, which is the top of the well.At this point, the cat has reached the top of the well in 6 minutes.
However, we need to account for the resting minutes and the sliding back during those minutes:
Minute 7: The cat rests and slides back 2 meters, reaching a height of 16 meters.Minute 8: The cat climbs up 3 meters and reaches a height of 19 meters.Since the cat has already reached the top of the well at the end of minute 6, we can ignore minute 8. Therefore, it took the cat a total of 7 minutes to get out of the well, considering the climbing, resting, and sliding back.
Please note that this calculation assumes the cat rested immediately after climbing and didn't slide back during the climbing minutes. The process may vary depending on the cat's behavior and the actual conditions of the well.
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John and Jean are married and decide to open three separate accounts for their money. What is the most likely reason for their decision? A. They have too much money and can’t keep it in a single account. B. John and Jean are part of a dual-income family. C. The bank does not allow more than one person to open an account. D. They want someone else to handle their finances.
Answers
Answer:
B. John and Jean are part of a dual-income family
Answer:
B. John and Jean are part of a dual-income family.
Explanation:
question content area part 1 supply chains are comprised of organizations and activities that supply a firm with goods and services within part 2 a. business functions. b. operations management. c. a global network. d. production.
Answers
Supply chains are made up of businesses and endeavours that deliver products and services to a firm as part of operations management.
A supply chain is made up of producers, suppliers, warehouses, transportation firms, distribution hubs, and retailers. A supply chain includes the following components: product creation, marketing, operations, distribution, finance, and customer service.
The raw material producers are the first link in the chain, and the last link is when the van delivers the finished good to the customer. supplier chain management is crucial because a properly managed supplier network leads to cheaper costs and a more efficient production cycle. The supply chain has a lot of moving components, so it's important to employ tools and systems to improve accuracy, increase productivity, and streamline processes.
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A newspaper headline writer found that the more adjectives she put in the titles of her articles, the greater the number of newspapers that were sold that day. This relationship between numbers of adjectives and newspaper sales must be:
Answers
Answer:
Positive.
Explanation:
A linear function has a positive relationship and as such an increase in one variable (input variable) causes an increase in the other variable (output variable) i.e the variables are directly proportional. Thus, the graph of a linear function is a straight-line and its slope is always constant.
On the other hand, nonlinear function has a negative relationship and as such an increase in one variable (input variable) causes a decrease in the other variable (output variable) i.e the variables are inversely proportional.
This ultimately implies that, the graph of a nonlinear function is a curved line and whose direction is constantly changing
In this scenario, the relationship between numbers of adjectives and newspaper sales must be positive because the higher the amount of adjectives put in the titles of her articles, the greater the number of newspapers that would be sold on a particular day.
How did merchants / patrons help artists during the Renaissance ?
Answers
Patrons frequently set the limits for an artwork's price, quality, dimensions, placement, and subject matter.
How did businesspeople support artists in the Renaissance?Merchants promoted the expansion of fundamental education, particularly in algebra and accounting, which was another way they contributed to the Renaissance. More individuals needed to learn how to read, write, count, and do rudimentary math in order to keep track of their sales as the merchant class grew.In the Italian Renaissance, patrons either fully integrated artists into their estates and supplied them with accommodation while the artist was "on-call" for all requirements related to art, or they partially integrated artists into their estates and commissioned them work-by-work. Depending on the scope of a project, supporters may continue to support an artist for a long time.To learn more about Renaissance refer to:
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In your environment (business or personal), please describe a QUANTITATIVE hypothesis test related to a decision. What would be your data? What would be your null hypothesis? What would be your alternate hypothesis? What would be your Type 1 and Type 2 errors relative to your decision? Suppose you have a p-value of 0.01, what does this mean relative to your problem and decision? Suppose your p-value is 0.20, what does this mean relative to your problem and decision? Please refer to the discussion requirements in the syllabus.
Answers
A quantitative hypothesis test can be related to determining whether a new marketing campaign leads to a significant increase in sales.
What would be the data, null hypothesis, alternate hypothesis, and type 1 and type 2 errors relative to this decision?Data: The data for this hypothesis test would include the sales figures before and after the implementation of the marketing campaign.
Null Hypothesis: The null hypothesis would state that there is no significant difference in sales before and after the marketing campaign.
Alternate Hypothesis: The alternate hypothesis would state that there is a significant increase in sales after the marketing campaign.
Type 1 Error: A Type 1 error would occur if we reject the null hypothesis (assume the campaign was effective) when it is actually true (there is no significant increase in sales).
Type 2 Error: A Type 2 error would occur if we fail to reject the null hypothesis (assume the campaign was ineffective) when it is actually false (there is a significant increase in sales).
If the p-value is 0.01, it means that there is a 1% chance of observing the data if the null hypothesis is true. This suggests strong evidence against the null hypothesis, and we would reject it in favor of the alternate hypothesis. It indicates a significant difference in sales after the marketing campaign.
If the p-value is 0.20, it means that there is a 20% chance of observing the data if the null hypothesis is true. This suggests weak evidence against the null hypothesis, and we would fail to reject it. It indicates insufficient evidence to conclude a significant difference in sales after the marketing campaign.
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On June 30, 2009, Sage Company issued 12% bonds with a par value of $750,000 due in 20 years. They were issued at 98 and were callable at 104 at any date after June 30, 2017. Because of lower interest rates and a significant change in the company’s credit rating, it was decided to call the entire issue on June 30, 2018, and to issue new bonds. New 8% bonds were sold in the amount of $1,020,000 at 101; they mature in 20 years. Sage Company uses straight-line amortization. Interest payment dates are December 31 and June 30.
(a) Prepare journal entries to record the redemption of the old issue and the sale of the new issue on June 30, 2018.
(b) Prepare the entry required on December 31, 2018, to record the payment of the first 6 months’ interest and the amortization of premium on the bonds.
Answers
Answer:
(a) Prepare journal entries to record the redemption of the old issue and the sale of the new issue on June 30, 2018.
the discount on bonds payable = $750,000 x 2% = $15,000
amortization per coupon = $15,000 / 40 coupons = $375
By June 30, 2018, $375 x 18 = $6,750 of the discount were already amortized. The carrying value of the bonds = $750,000 - ($15,000 - $6,750) = $741,750
loss on redemption of the bonds = redemption value - carrying value = $780,000 - $741,750 = $38,250
Journal entry to record redemption of bonds:
June 30, 2018, bonds redeemed at a loss
Dr Bonds payable 750,000
Dr Loss on redemption of bonds 38,250
Cr Cash 780,000
Cr Discount on bonds payable 8,250
Journal entry to record new issuance of bonds:
June 30, 2018, bonds issued at a premium
Dr Cash 1,030,200
Cr Bonds payable 1,020,000
Cr Premium on bonds payable 10,200
(b) Prepare the entry required on December 31, 2018, to record the payment of the first 6 months’ interest and the amortization of premium on the bonds.
amortization of premium per coupon = $10,200 / 40 = $255
December 31, 2018
Dr Interest expense 40,545
Dr Premium on bonds payable 255
Cr Cash 40,800
UNIT - V (a) Discuss any two types of depreciation methods. or (b) Explain the application of payback period with its limitations.
Answers
There are several types of depreciation methods, some of which are straight-line depreciation and reducing balance depreciation. Straight-line depreciation:This is the most often used method of calculating depreciation. This method involves the same amount of depreciation being charged to the asset every year.
It calculates the annual depreciation rate as a percentage of the cost of the asset. Reducing balance depreciation:This is a more complex method that takes into account the value of an asset at the beginning of each accounting period. Depreciation is calculated as a percentage of the asset's carrying value at the beginning of the accounting period.
This method results in greater depreciation charges in the early years of an asset's life and smaller charges in the later years. The payback period method measures the amount of time it takes to recover an initial investment. The payback period is the time it takes for a project to generate enough cash flow to recover the cost of the initial investment.
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Issued by corporations, these financial instruments give their holders a class ownership in a company. They are riskier than bonds but less risky than the general class of ownership.
Answers
what is issues to each employee of an employer health plan
Answers
Issues related to each employee of an employer health plan may include concerns related to coverage, cost, and access to care.
Employees may be concerned about the scope of coverage provided by their health plan, including which medical services and treatments are covered and which are not. They may also be concerned about the cost of their health plan, including premiums, deductibles, and out-of-pocket expenses, as well as the availability of affordable health care services.
Access to care is another important issue, particularly in areas where there are shortages of health care providers or where wait times for appointments or procedures may be lengthy. Employers may address these issues by offering a variety of health plan options, providing clear and transparent information about coverage and costs, and offering resources to help employees navigate the health care system.
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Which of the following financial statements illustrates the accounting equation? A. Statement of Retained Earnings B. Balance Sheet C. Income Statement D. Statement of Cash Flows
Answers
The financial statement that illustrates the accounting equation is the B) Balance Sheet.
The accounting equation, also known as the fundamental equation of accounting, is Assets = Liabilities + Equity. It represents the relationship between a company's resources (assets), the claims against those resources by creditors (liabilities), and the claims by the owners (equity). The balance sheet is the financial statement that provides a snapshot of a company's financial position at a specific point in time, and it reflects the accounting equation.
The balance sheet presents the company's assets, liabilities, and equity in a structured format. The assets section lists the resources owned or controlled by the company, such as cash, inventory, property, and equipment. The liabilities section represents the company's obligations or debts to external parties, such as loans, accounts payable, and accrued expenses. The equity section shows the owners' claim on the company's assets after deducting liabilities. It includes components like retained earnings, common stock, and additional paid-in capital.
By presenting the assets, liabilities, and equity in a single statement, the balance sheet demonstrates the equality of the accounting equation. The total assets on the balance sheet must equal the sum of liabilities and equity. This balance ensures that the company's resources are financed by either external sources (liabilities) or internal sources (equity).
In summary, the financial statement that illustrates the accounting equation is the Balance Sheet. It provides a comprehensive view of a company's assets, liabilities, and equity, showcasing the relationship between these components and their adherence to the accounting equation.
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Recall the educational and other requirements for Geographers. What are some requirements that would be helpful to
include in this career plan? Check all that apply.
master's degree and GISP certification
communication skills, including reading, writing, listening, and speaking
sales skills
associate degree, and GAST certification
leadership and supervisory skills for managing teams of other people
analytical and critical thinking skills
computer skills
Answers
Answer:
1 2 6 7
Explanation:
good luck luvs !!
Answer:
1,2,6,7
Explanation:
everyone who says otherwise is a big fat liar >:(
List 5 motives for the construction of various media.
Answers
Explanation:
For the construction of various media, the five motives are as follows
1. Develop connections and make connections: For motivating the social media we have to establish the connections and through it, we can easily make the connections,
2. Sharing the news of the company: Post the news of the company to various social media so that the public at large get attracted towards it
3. Voice opinion: Voice opinion also matters for establishing the several medias
4. People opinion for the company: Customer satisfaction is the utmost priority for the company so that the company could able to know what changes are required in the product to deliver it in the best manner
5. Communicated with employees: The communication with the employees also matters as the employees could be delivered their idea to better the company services
Corrie bought a new flat screen 70 inch television and a speaker system from a local electronics store on credit. The store will charge 12% per year compounded monthly. Their monthly payments are $174. 80 for 3 years. What is the cash price of her purchase?.
Answers
The cash price is the present value of an annuity and therefore it is equal to $5262.79.
The formula of the present value of an annuity is:
PV = C . [1 - (1+i)⁻ⁿ] / i
Where:
C = cash flow per period
i = interest rate per period
n = number of periods
Parameters from the problem:
C = $174. 80
Annual interest is 12%. Since it is compounded monthly, we need to find the monthly interest.
i = monthly interest = 0.12/12 = 0.01
Since the payment is 3 years, then the number of periods is:
n = 12 month x 3 years = 36
Plug these parameters into the present value formula:
PV = 174.8 × [1 - (1.01i)⁻³⁶] / 0.01
PV = 5262.79
Thus, the cash price is $5262.79
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china has been accused of prohibiting u.s. companies that offer cloud computing from offering their services in china. which argument best explains this? multiple choice china would like to develop a superior technology to cloud computing. chinese firms in the cloud computing industry are more competitive than u.s. companies. china wants to protect its firms from their more competitive u.s. rivals. china is hoping to limit the use of cloud computing in china. chinese firms in cloud computing offer more services than american firms.
Answers
The answer is China wants to protect its firms from U.S. rivals, This argument best explains of Why China has been accused of prohibiting U.S. companies that offer cloud computing from offering their services in China.
What is a succinct definition of a company?A company is a type of business organization that exists independently of its owners in law. It is a sophisticated organizational structure with higher setup and administrative costs because to increased reporting requirements.
What separates a firm from a business?A "company" is another term for a firm. It is a blanket phrase that covers all different types of commercial enterprises. Having said that, enterprises comprise essential elements that, in contrast to firms, aren't thought of as separate legal entities. For instance, a sole proprietorship is not a separate legal entity.
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The answer is China wants to protect its firms from U.S. rivals, This argument best explains of Why China has been accused of prohibiting U.S. companies that offer cloud computing from offering their services in China.
What is a succinct definition of a company?A company is a type of business organization that exists independently of its owners in law. It is a sophisticated organizational structure with higher setup and administrative costs because to increased reporting requirements.
What separates a firm from a business?A "company" is another term for a firm. It is a blanket phrase that covers all different types of commercial enterprises. Having said that, enterprises comprise essential elements that, in contrast to firms, aren't thought of as separate legal entities. For instance, a sole proprietorship is not a separate legal entity.
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In the organizational structure, it is responsible for managing of income and expenses of a company.
Answers
Financial Controller is responsible for managing of income and expenses of a company.
Who is Financial Controller?Vital controllers additionally influence direction, anticipating, and planning at the organization level, in view of bookkeeping information.
The FC is a senior forerunner in the money group. Consequently, it's generally expected that employment forms show huge involvement with bookkeeping and assessment issues, in addition to the capacity to direct others and take responsibility for organization's books.
This requires more than just a gift for numbers. Controllers should be coordinated self-administrators, with the abilities to urge the more extensive organization to follow strategies and techniques.
Therefore it is the Financial controller who basically helps in managing the overall income.
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