Not Only Does GIS Technology Help Starbucks Determine the Ideal

question 109

Multiple Choice

Not only does GIS technology help Starbucks determine the ideal locations for new stores, but it also enables the company to decide what kinds of stores to open. This technology helps the company with which marketing mix decision?

• A)product
• B)place
• C)price
• D)promotion
• E)process

Understand the contractual and revenue recognition considerations in cost-plus contracts.

Apply knowledge of accounting standards and principles to various scenarios involving revenue recognition, earnings management, and restructuring charges.

Understand the concepts and procedures related to revenue recognition for software companies.

Differentiate between IFRS and U.S. GAAP in terms of accounting for sales with high risk of non-collection.

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Definitions:

OTC Market

Over-the-counter market, where securities are traded directly between parties without the supervision of an exchange.

Auction Markets

Markets where buyers and sellers enter competitive bids at the same time; the price is determined through an auction process.

Primary Markets

Markets where new securities are issued directly by the corporation to investors, facilitating capital raising.

Securities

Instruments of finance that showcase either an equity interest in openly traded firms, a credit arrangement with a state body or industrial entity via bonds, or proprietary rights within options.