The Information Below Is Provided for Sea Company

question 9

Essay

The information below is provided for Sea Company:
Required :
a.Compute Sea Company’s 2016 ending inventory using dollar-value LIFO.
b.Explain why a company would want to use dollar-value LIFO.

Grasp the environmental benefits of electronic document management including PowerPoint presentations.

Navigate and use PowerPoint's interface efficiently, including shortcuts and path to specific functionality.

Identify and understand different types of interviews and their purposes.

Learn best practices for conducting company research prior to interviews.

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Definitions:

Limited-number Technique

A marketing strategy that creates a sense of urgency by claiming a product is in short supply, urging quick consumer action.

Scarcity

A basic economic problem arising from the situation in which finite resources are insufficient to satisfy all human wants and needs.

Scarcity

A condition where resources are limited compared to the demands or needs, leading to competition and value appreciation.

Pique Technique

A psychological strategy to capture people's interest by making a request in an unusual manner, thereby increasing the likelihood of compliance.