Describe what Apple Inc. was able to accomplish by selling their products directly through their Apple...
Describe what Apple Inc. was able to accomplish by selling their products directly through their Apple stores. Give at least 4 things.
Homework Answers
Following are the things that Apple was able to accomplish by selling their products directly through Apple stores:
- Direct customer contact . Thereby having established good relations with customer and received honest feedback.
- Command price of product: Apple can decide price of their products as there are no intermediaries in the distribution cycle.
- Provide good service: after sales service is facilitated.
- Promote products and generate demand for the product even before it is launched in the market. They apply pull based strategy for promoting sales.
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Describe what Apple Inc. was able to accomplish by selling their
products directly through their Apple...
Apple, Inc. offers a 1 year warranty on its Apple products. In 2018 Apple estimated $3.8b...
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Apple Inc. is the number one online music retailer through its iTunes music store. Apple sells...
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Apple, Inc. offers a 1 year warranty on its Apple products. In 2018 Apple estimated $3.8b in warranty claims for phones they sold in 2018. During 2019 Apple incurred $3.7b expenses to satisfy warranty claims. What journal entry does Apple record at the end of 2018? [ Select] DR Warranty Payable $3.8b CR Cash $3.8b DR Warranty Payable $3.8 CR Warranty Expense $3.8b DR Warranty Expense $3.8b CR Warranty Payable $3.8b DR Cash $3.8b Warranty Payable $3.8b Apple, Inc. offers...
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Apple Inc. is the number one online music retailer through its iTunes music store. Apple sells iTunes gift cards in S15, $25. and $50 increments. Assume Apple sells $20.7 million in iTunes gift cards in November, and customers redeern 5137 million of the gift cards in December Required: 1. & 2. Record the necessary entries in the Journal Entry Worksheet below. (if no entry is required for a particular transaction/event, select "No Journal Entry Required in the first account field....
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