Quiz 8 3:37:42) Which of the following businesses is most likely to use the specific identification method? Multiple Choice O O Toy store Shoe store Grocery store Antique bookstore
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- 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 storeQ.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.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 retailers would be the best fit for the Jackery product? (Highlight one answer) Amazon Walmart Cabela’s REI Explain your answerRequired: A sales invoice typically includes the date of sale, salesperson, customer data, items included in the sale, and amount. Which foreign keys should be added to the following table to link all of these data elements? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) Sales Table Invoice# Date Amount S-101 10/05/2021 2549.90 S-105 11/01/2021 949.95 S-107 11/02/2021 1209.70 S-108 11/06/2021 699.90 ?Salesperson # ? Customer # ? Receipt # ? Inventory # ? Remittance Advice # ? Sales # ?Cashier # ?CashWhich 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 sales
- If you are a jewelry store, what inventory system is applicable to you? How about for a hardware store? Explain your answers.Identify 2 advantages and 2 disadvantages for each for the measures below implemented by the retailers during the outbreak of covid-19. i. Live streaming can help retailers facilitate a “see now, buy now” culture, which enables them to instantly inform consumers about their products and create an urge to purchase. ii. improvement of online ordering and delivery services.For 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.
- What may be the likely response as more shoppers learn that retailers gather information without their knowledge?For each of the following statements, fill in the blanks with the correct account names. A retailer purchases merchandise on credit. The retailer would recognize this transaction by debiting _____ and crediting _______. A retailer pays for purchased merchandise within the discount window. The retailer would recognize this transaction by debiting ________ and crediting _________ and ________. A customer returns merchandise to the retailer and receives a full refund. The retailer would recognize this transaction by debiting _________ and crediting _________ if the customer had not yet paid on their account. A customer pays for purchased merchandise within the discount window. The retailer would recognize this transaction by debiting ________ and _______, and crediting _________.You own a clothing store and use a periodic inventory system. Research like companies in the clothing industry and answer the following questions. Which inventory system is most used in clothing stores, periodic or perpetual? Why can periodic inventory reporting be a better approach to use than perpetual inventory reporting for this type of industry? What are some of the advantages and disadvantages to the periodic inventory method? What other types of businesses may use the periodic inventory method rather than the perpetual method?