Which of the following are service businesses? Choose all answers that are c car dealership clothing boutique massage therapist barbershop shoe store
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- Assume you are considering opening a retail business. You are trying to decide whether to have a traditional brick-and-mortar store or to sell only online. Explain how the activities and costs differ between these two retail arrangements.Which of the following are primarily merchandising businesses? Choose all answers that are correct. O grocery chain tech support dry cleaner hair salon pharmacy bookstoreQ.1. To which feature of e-commerce the following practices are related: a. amzon.com site is going to change the delivered products based on a user’s preferences. b. ebay.com site is able to provide personal, face-to-face service using aural and visual cues when making a sale. c. yahoo.com site is available 24 /7. d. google.com site has the total amount and quality of information available to all market participants.
- Which of the following retailers would be the best fit for the Jackery product? (Highlight one answer) Amazon Walmart Cabela’s REI Explain your answerWhich of the following is most effective to show that you really know your target market? O Commitments to buy O Data from third party databases Surveys of potential customers Own personal expertise relationships O Prior salesdescribe how would you start doing the accounting of a Shopify online store. What software would you use? What system would you put in place?
- Which of the following is not an example of a retailer? A. electronics store B. grocery store C. car dealership D. computer manufacturer E. jewelry storeWhen customers used their points accumulated from customer loyalty award programs to purchase goods: a revenue would be recognized an expense would be recognized liability would increase revenue would decreaseFor each of the following companies, determine what they primarily sell and whether their e-commerce strategy is primarily business-to-consumer (B2C), business-to-business (B2B), or both. Use the Internet to investigate each companys site in conducting your research. a. Amazon.com b. Dell Inc. c. DuPont d. Intuit Inc. e. L.L. Bean, Inc. f. W.W. Grainger, Inc.
- Critically explain why online purchase is not safe for the customer. What step do you take to check and the security of the site and the legitimacy of the companies from whom you make a purchase online?Will it be beneficial to the store? Justify your answerYou have decided to open up a small convenience store in your hometown. As part of the initial set-up process, you need to determine whether to use a perpetual inventory system or a periodic inventory system. Write an evaluation paper comparing the perpetual and periodic inventory systems. Describe the benefits and challenges of each system as it relates to your industry and to your business size. Compare at least one example transaction using the perpetual and periodic inventory systems (a purchase transaction, for example). Research and describe the impact each system has on your financial statements. Decide which system would be the best fit for your business, and support your decision with research.