What is a service? Can services be differentiated as consumer services and industrial services? (AACSB: Communication; Reflective Thinking)​

Answers

Answer 1
Answer:

Answer:

service is doing work to someone,:

----is supplying public a public needs example: tramsport

-----is emplyment as a servant

-------perios of employment with company or organization


Related Questions

During the week ended May 15, 2019, Scott Fairchild worked 40 hours. His regular hourly rate is $15. Assume that all of his earnings are subject to social security tax at a rate of 6.2 percent and Medicare tax at a rate of 1.45 percent. He also has deductions of $32 for federal income tax and $22 for health insurance. What is his gross pay for the week? What is the total of his deductions for the week? What is his net pay for the week?
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Preparing a Sales Budget Patrick Inc. sells industrial solvents in 5-gallon drums. Patrick expects the following units to be sold in the first three months of the coming year: January 41,000 February 38,000 March 50,000 The average price for a drum is $35. Required: Prepare a sales budget for the first 3 months of the coming year, showing units and sales revenue by month and in total for the quarter. Do not include a multiplication symbol as part of your answer. Patrick Inc. Sales Budget For the Coming Quarter January February March 1st Quarter Total Units Price $ $ $ $ Sales $ $ $ $

For the statements below select the appropriate terms from the given choices. 1. A revenue not yet recognized; collected in advance. 2. Office supplies on hand that will be used in the next period. 3. Interest revenue collected; not yet recognized. 4. Rent not yet collected; already recognized. 5. An expense incurred; not yet paid or recorded. 6. A revenue recognized; not yet collected or recorded. 7. An expense not yet incurred; paid in advance. 8. Interest expense incurred; not yet paid.

Answers

Following are the  appropriate terms that are used in Business terms.

Explanation:

1. Advance income received - As it is prepaid

2. Stock / Current Asset - Depending upon the choice given

3. Advance interest received - Prepaid Advance

4. Accrued rent- Amount yet to be credited

5.Outstanding Expense - That is yet to be paid

6. Accrued Income - Revenue yet to be generated

7.Prepaid Expense - Paid in Advance

8. Outstanding Interest - Yet to be paid.

Above are the proper words that are used to in the Business terms that are globally used by any kind of enterprise.

Final answer:

The statements refer to common business and accounting concepts such as deferred revenue, accrued revenue, and prepaid expense among others. These terms help in recognizing and recording revenue and expenditures in the right accounting period.

Explanation:

Here are the appropriate terms for each statement:

Deferred Revenue - A revenue not yet recognized; collected in advance.

Prepaid Expense - Office supplies on hand that will be used in the next period.

Unearned Revenue - Interest revenue collected; not yet recognized.

Accrued Revenue - Rent not yet collected; already recognized.

Accrued Expense - An expense incurred; not yet paid or recorded.

Unbilled Revenue - A revenue recognized; not yet collected or recorded.

Prepaid Expense - An expense not yet incurred; paid in advance.

Accrued Interest - Interest expense incurred; not yet paid.

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In the context of web marketing the _____ is computed by dividing the number of clicks on an ad

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The answer would be “click through rate.”

If a seller declines to show a property to a minority he or she could be sued for violating a. HUD.
b. fair housing laws.
c. the Equal Opportunity Act.
d. RESPA

Answers

Answer:

fair housing laws          

Explanation:

The Fair Housing Act refers to the act created to bring an end to unfair practices that involve all housing-related activities. The Law was formed with the perception that each person is entitled to rent a house, buy a home, or obtain a loan on a house without fear of discrimination because of their participation in the same class of individuals.

The Fair Housing law was developed to educate tenants, lenders, investors and tenants on the patterns of accommodation that can be considered unfair.Though, the real pioneering regulation has been the 1968 Fair Housing Act that was created one week since Martin Luther King Jr. was assassinated.                  

Final answer:

The seller could be sued for violating fair housing laws if they refuse to show a property to a minority. These laws specifically prevent discrimination in housing. The other provided options are related to housing, but in different contexts.

Explanation:

If a seller refuses to show a property to a minority, the seller could be sued for violating b. fair housing laws. These laws prohibit discrimination based on race, color, national origin, religion, sex, familial status, or disability in the sale, rental, or financing of housing. The other options mentioned (HUD, the Equal Opportunity Act, and RESPA) are connected to housing and discrimination but under different contexts. HUD (Department of Housing and Urban Development) implements and oversees the Fair Housing Act. The Equal Opportunity Act is broader and covers various forms of discrimination in multiple fields beyond housing. RESPA (Real Estate Settlement Procedures Act) deals with mortgage loans and closing procedures, but not necessarily discrimination.

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Fuji film sponsored a beach volleyball tournament in February in Laguna Beach, CA. They paid over $300,000 to be the official sponsor of the tournament and were extremely upset when Kodak, who was not an official sponsor, showed up right outside the venue and began marketing Kodak products. What made it even worse was that Kodak used unconventional marketing techniques that really caught people's attention. A group of Kodak employees painted their entire bodies yellow and wore Kodak shorts. Then, they offered people Kodak digital cameras and told them they could win a free Kodak camera if they took the goofiest picture. Kodak was using which two marketing techniques?

Answers

Answer:

Kodak is using ambush marketing and guerrilla marketing.

Explanation:

Ambush marketing is where a business tries to associate itself with an event that is officially sponsored by a rival business. The beach volleyball tournament has Fuji film as its official sponsor. However, a direct competitor, Kodak, begins marketing its products outside the venue, thus benefiting from the event even though Fuji film paid a huge amount in its sponsorship. This is a classic example of ambush marketing.

Guerrilla marketing involves the use of unconventional or unusual methods to promote a product. Kodak adopts this technique by having its employees paint their entire bodies yellow to draw attention. Moreover, Kodak offers rewards to people for taking the goofiest pictures, again employing an unconventional technique to promote Kodak cameras.

Final answer:

Kodak used guerilla marketing and viral marketing techniques to promote their products outside the Fuji film-sponsored beach volleyball tournament.

Explanation:

The two marketing techniques used by Kodak in this scenario are guerilla marketing and viral marketing. Guerilla marketing involves using unconventional and creative strategies to promote a brand or product in unexpected ways, often targeting specific locations or events. In this case, Kodak painted their bodies yellow and offered people the chance to win a free Kodak camera by taking goofy pictures, which caught people's attention and created a buzz.

Viral marketing, on the other hand, relies on creating content that spreads rapidly and organically through online platforms and social media. By offering people the opportunity to take funny pictures and potentially win a prize, Kodak encouraged people to share their experiences on social media, generating buzz and increasing brand awareness.

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For each of the scenarios, please decide whether there will be an increase or decrease in short-run aggregate supply or if there will be no change. 1. Changes in the healthcare market cause employers to pay significantly more for health insurance they provide employees.
2. The price of lumber, a commodity, rises drastically due to the effect of heavy winter weather in the American Northwest, where much of the world's lumber is grown.
3. The production of a new type of blade for their combine harvesters, a tractor used to harvest crops, has allowed wheat farmers, like Herbert, to increase productivity by 40%.

Answers

Answer:

1.Aggregate supply falls

2.Aggregate supply falls  

3.Aggregate supply rises due to rise in productivity.

           

Explanation:

1. In simple words, when the cost of production rises the profit margin of the supplier decreases leading as an incentive to supply less.      

2. If the price of the input rises the cost of production also rises leading to lower supply because of lower profit margins.

3. The technological improvement leading to high production would lead to more profits and advantage of economies of scale thus working as an invective to supply more.

The Destin Company has one temporary difference of $160 caused by accelerated tax depreciation on 12/31/14. The difference will reverse evenly over the next four years. Tax Rates are 20% in 2014, 30% in 2015, and 40% in 2016 and beyond. Pretax book income in 2014 is $1,000. What is 2014 Income Tax Expense?

Answers

Answer: = $168

Explanation:

Destin Company had a $1,000 income in 2014 but also a temporary difference of $160.

This means that they were taxed on the income less the temporary difference.

= 1,000 - 160

= $840

Tax Expense = 840 * 20%

= $168