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Dit- semester exam Study Guide Solutions

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Dit- semester exam Study Guide Solutions product - ANSWER-tangible item service - ANSWER-intangible item, skill/expense S corporation - ANSWER-for profit, limited liability, prevents double taxation C Corporation - ANSWER-ideal for international business network marketing - ANSWER-recruiting o...

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  • November 4, 2024
  • 4
  • 2024/2025
  • Exam (elaborations)
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KaylinHoffman
Copyright © KAYLIN 2024/2025 ACADEMIC YEAR. ALL RIGHTS RESERVED FIRST PUBLISH NOVEMBER, 2024




Dit- semester exam Study Guide Solutions


product - ANSWER✔✔-tangible item


service - ANSWER✔✔-intangible item, skill/expense


S corporation - ANSWER✔✔-for profit, limited liability, prevents double taxation


C Corporation - ANSWER✔✔-ideal for international business


network marketing - ANSWER✔✔-recruiting other marketers who work under them to create a

distributer network, earn money off commissions, distributers agree to sell products/service another

company sells.


value proposition - ANSWER✔✔-statement explaining to customers why they should work with your

company.


CAC (customer acquisition cost) formula - ANSWER✔✔-(marketing expenses + Sales expenses) / new

customers for a period


What to research before making a product. - ANSWER✔✔-materials to make it, material cost, where to

purchase, and manufacturing needs.


fulfillment center - ANSWER✔✔-Warehouse- goods are packaged and dispatched to fullfill orders usually

made online.


Quality standards of a product - ANSWER✔✔-Measured by how well the product/service successfully

serves the user's purpose.


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