Jennie signs a written instrument giving the bank a security interest in her car. This instrument is known as: a. a financing statement. b. collateral. c. a security interest. d. a security agreement.

Answer: Option D the sequence of value-adding activities performed by a firm in the course of developing, producing, marketing, and servicing a product

Explanation:

Value chain is process used by the organizations to add value to their product which might be in the form of manufacturing, after sale service and marketing methods used.

Value chain is a procedure which has many steps and it is also a business model where the ideas are brought into action. Through value chain organization can produce efficiently at low cost. It also gives competitive advantage for the business as it increases the productivity at reduced cost.

Answer: D. liable in strict liability based on a manufacturing defect theory.

Explanation: The company can be held liable based on manufacturing defect theory, if it is proved that it was because of a manufacturing defect on that particular toaster that lead to the dead of the boy.

Since the woman's son was electrocuted by the toaster for no apparent reason the company will be held liable for the dead of the boy.

Answer:

They assume that the sale of goods or services does not depend on an aggressive sales force but rather on a customer’s decision to purchase that product.

Explanation:

Marketing can be defined as the process of developing promotional techniques and sales strategies by a firm, so as to enhance the availability of goods and services to meet the needs of the end users or consumers through advertising and market research.

The true statement about market-oriented firms is that they assume that the sale of goods or services does not depend on an aggressive sales force but rather on a customer’s decision to purchase that product.

This ultimately implies that, a market-oriented firm is more focused on identification and understanding the needs of the customers, opportunities that abound in the industry or market and thus putting the customers first.

Answer:

$1,273,300

Explanation:

The computation of the net income is shown below:

= Gross sales - sales returns - Cost of goods sold - Selling and administrative expense - prior-year understatement of amortization expense + Gain on sale of stock portfolio securities + Gain on disposal of a discontinued business segment - income tax expense

where, income tax expense would be

= ( Gross sales - sales returns - Cost of goods sold - Selling and administrative expense - prior-year understatement of amortization expense + Gain on sale of stock portfolio securities + Gain on disposal of a discontinued business segment) × income tax rate

= ($3,600,000 - $34,000 - $1,200,000 - $500,000 - $59,000 + $8,000 + $4,000) × 30%

= $545,700

So, the net income would be

= $3,600,000 - $34,000 - $1,200,000 - $500,000 - $59,000 + $8,000 + $4,000 - $545,700

= $1,273,300

Answer:

Lisette is focusing upon quality aspect of gaining a competitive advantage

Explanation:

Competitive advantage refers to those activities by which an enterprise gains an edge over it's competitors in the market for it's products.

There are multiple factors which lead to competitive advantage such as:

1. Cost Structure
2. Branding
3. Quality of product offerings
4. Distribution
5. Intellectual Property
6. Customer Service

As per the facts of the question, Lisette asked of the management to consistently produce appliances which meet customer expectations and perform as expected.

This facet relates to focus upon quality of product offerings.

When a company maintains the quality of it's products, it builds loyalty with customers who prefer it's products over rival firm's products. This is competitive advantage.

Answer: You've begun a Web search for information on several suppliers you're considering for your business. You would expect you will have the most accessible information for your research in a publicly in pblicly held company.

Explanation: