1. The core of marketing is satisfying customers' needs and wants.
The correct option is b. Satisfying customers’ needs and wants
2. The marketing philosophy emphasizes satisfying customers' wants and needs, and it should make aggressive selling redundant.
The correct option is c. Marketing and sales are the same.
3.The societal philosophy involves satisfying customers' needs and wants while preserving society's long-term interest.
The correct option is b. Satisfying customers’ needs and wants, while preserving society’s long term interest
1. The core of marketing is best described as satisfying customers' needs and wants. Marketing involves understanding customer preferences, creating products or services that meet those preferences, and delivering value to customers.
2. The marketing philosophy is focused on satisfying customers' wants and needs. It recognizes that customer satisfaction is essential for long-term success and emphasizes building strong relationships with customers. Aggressive selling is considered redundant because when the needs and wants of customers are met, they are more likely to make repeat purchases and become loyal to the brand.
3. The marketing philosophy and sales are not the same concepts. While sales is a component of marketing, they are distinct aspects of business operations. Marketing involves activities such as market research, product development, pricing, distribution, and promotion, which aim to understand and satisfy customer needs and wants. On the other hand, sales specifically refers to the process of selling and promoting products or services to customers and generating revenue.
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When personal values and corporate values are aligned, employees have more?
Employees are happier and more motivated to perform well at work when personal values coincide with the basic values of the firm.
How do individual and organizational values relate to one another?In that they serve as indicators of identity and as a basis for what is said and done, company values and personal values are similar in this regard. Personal values are up to us to discover, whereas company values have already been decided and are pre-determined.Employees are happier and more motivated to perform well at work when personal values coincide with the basic values of the firm. They are driven to succeed because they understand how their work contributes to the company's overall performance, which acts as a powerful internal motivator.Employees are happier and more motivated to perform well at work when personal values coincide with the basic values of the firm.To learn more about personal values refer to:
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it is a collection of all accounts with their activity and balances that exist in a business. it is a collection of all accounts with their activity and balances that exist in a business. drop zone empty. it is a book of original entry that includes a chronological record of all transactions that have occurred within a business during a period occurred it is a book of original entry that includes a chronological record of all transactions that have occurred within a business during a period occurred drop zone empty. it is a list of each account and its balance at any given time and is used to verify that debits
Match the definition with the term: a. A general ledger ; b. A journal (book of original entry); c. Trial balance; and d. Chart of accounts
a. A general ledger is a collection of all accounts with their activity and balances that exist in a business. The general ledger provides a comprehensive overview of the financial transactions and account balances.
b. A journal (book of original entry) is a book of original entry that includes a chronological record of all transactions that have occurred within a business during a specific period.
c. Trial balance is a list of each account and its balance at a specific point in time. The trial balance is used to ensure that the total debits equal the total credits and helps verify the accuracy of the financial records.
d. Chart of accounts is a list of all ledger accounts that exist in a business. The chart of accounts includes an identification number assigned to each account, which helps organize and categorize the various accounts within the accounting system.
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The complete question might be:
Match the definition with the term.
a. It is a collection of all accounts with their activity and balances that exist in a business.
b. It is a book of original entry that includes a chronological record of all transactions that Have occurred within a business during a period occurred
c. It is a list of each account and its balance at any given time and is used to verify that debits = credits
d. It is a list of all ledger accounts which exist in a business and includes an identification number assigned to each account
1. A general ledger
2. A chart of accounts
3. Trial balance
4. Chart of accounts
A simple machine has efficiency 90%.What does it mean?No machine has 100%efficiency,Why?
Answer with explanation:
1) it means tht the machine can do it's work in a 90% in a good way
2) no machine is free from the effects of gravity, and even with wonderful lubrication the energy a machine produces is always less than the work put into it that's why 100% efficency isnt possible in machines.
Best of luck!!!
an employee can be dismissed if their job surplus to requirements' outline why this state ment is false
Outstanding stock of the Whispering Winds Corp. included 39000 shares of $5 par common stock and 13000 shares of 5%, $10 par non-cumulative preferred stock. In 2019, Whispering declared and paid dividends of $3900. In 2020, Whispering declared and paid dividends of $11700. How much of the 2020 dividend was distributed to preferred shareholders
Answer:
$6,500
Explanation:
39,000 shares of $5 par common stock
13,000 shares of $10 par 5% non-cumulative preferred stock = $6,500 in preferred stocks dividends per year. Since the preferred stocks are non-cumulative, if they are not paid during one period, that dividend cannot be recovered in future periods.
In 2020, $11,700 were paid in dividends:
$6,500 were paid to preferred stocks$5,200 were paid to common stocksWhat are Vulnerable Road User Protection Laws?
A. Laws which punish drivers who injure or kill someone while driving carelessly.
B. Laws which educate VRUs on how to safely interact with others on the
roadway.
C. Laws which enforce proper road markings and barriers to protect VRUS.
The Vulnerable Road User Protection Laws are C. Laws which enforce proper road markings and barriers to protect VRUS.
What are Vulnerable Road User Protection Laws?A Vulnerable Road User Law are law that help to make the bridge between the legal gaps of less and more severe offenses.
And this case , there could be provision of additional charging options to local prosecutors, hence The Vulnerable Road User Protection Laws are C. Laws which enforce proper road markings and barriers to protect VRUS.
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the value of 4 + -3 take away negative 7 is
Answer:
-6
Explanation:
1-7 =-6
Suppose you are planning a summer vacation and book a hotel room online for $149 a night. However, when you get to the reservation screen, you are informed that you will be charged an additional $30 a night in various taxes that you have to pay to the hotel.
Indicate whether each of the given factors is likely to raise the economic burden of the tax for you or for the hotel. (for each of the following)
i- A hurricane recently ravaged the area, resulting in many vacancies at competing hotels.
ii- There are many other hotels in the area
iii- It is the peak of tourist season
iv- The hotel has unique architecture and is considered a historical landmark.
Answer:
iii
Explanation:
Most of the time hotels will charge more when more rooms are booked, so when you book your hotel room, and many rooms are booked, most people do get charged more.
A hurricane would raise the burden of tax on the hotel.
The availability of many hotels would raise the burden of tax on the hotel.
The peak of tourist season would raise the burden of tax on you.
As a result of the hotel's architecture, the burden of tax would raise on you.
What does the burden of tax mean?
Economic burden of tax refers to who pays more tax between the buyer and the seller. The economic burden of tax depends on the elasticities of demand of the consumer and the elasticities of supply of the supplier.
The party between the supplier and the consumer that has a more elastic demand or supply would bear less tax burden and the party that has a less elastic demand would bear more tax burden.
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PLZ HELP THIS IS DUE IN A FEW HOURS!
1.What are some examples of companies providing consumers with goods?
2.What are some examples of companies providing consumers with services?
3.Can you think of any companies providing services and goods to consumers?
Answer:
What are some examples of companies providing consumers with goods?
Some examples of companies that provide goods are Target, Walmart, dollar tree.
What are some examples of companies providing consumers with services?
Some examples of places that provide services are restaurants, movie theaters, ubers.
Can you think of any companies providing services and goods to consumers?
Amazon because they provide goods and deliver them to your door.
Answer to the following question is as follows;
Reliance, Walmart, and Dollar Tree are illustrations of firms that sell items.Restaurants, movie theatres, and restaurants are illustrations of venues that provide services.Amazon and Flipkart are popular because they sell things and delivery them to our home.Explanation:
A manufacturing company is one that employs components, pieces, or raw materials to create a finished product. Automobile manufacturers such as Ford.
A service provider is a person or organisation that offers services to another party. A deal governs the supply of services between such a service provider and a firm.
Amazon is now a behemoth in e-commerce, shipping, payments, hardware, data storage, and media. It is involved in a variety of other industries. It's the go-to website for both online buyers and merchants, a contemporary necessity that independent sellers despise.
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Cupola Fan Corporation issued 8%, $470,000, 10-year bonds for $459,000 on June 30, 2018. Debt issue costs were $2,200. Interest is paid semiannually on December 31 and June 30. One year from the issue date (July 1, 2019), the corporation exercised its call privilege and retired the bonds for $465,000. The corporation uses the straight-line method both to determine interest expense and to amortize debt issue costs. Required: 1. to 4. Prepare the journal entry to record the issuance of the bonds, the payment of interest and amortization of debt issue costs on December 31, 2018 & 2019, and the call of the bonds. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)
Answer and Explanation:
The Journal entries are shown below:-
1. Cash Dr, $456,800
Debt issue costs Dr, $2,200
Discount on bonds payable Dr, $11,000
To Bonds payable $470,000
(Being 8% bonds issued is recorded)
2. Interest expense Dr, $19,350 ($18,800 + $550)
To Discount on bonds payable $550 ($11,000 ÷ 20)
To Cash $18,800 ($470,000 × 8%) × 6 ÷ 12
(Being interest expense on bonds is recorded)
Debt issue expenses Dr, $110 ($2,200 ÷ 20)
To Debt issue costs $110
(Being debt issue expenses is recorded)
3. Interest expense Dr, $19,350
To Discount on bonds payable $550 ($11,000 ÷ 20)
To Cash $18,800 ($470,000 × 8%) × 6 ÷ 12
(Being interest expense on bonds is recorded)
Debt issue expenses $110 ($2,200 ÷ 20)
To Debt issue costs $110
(Being debt issue expenses is recorded)
4. 8% Bonds payable Dr, $470,000
Loss on early extinguishment of debt Dr, $6,880
To Discount on bonds payable $9,900 ($11,000 - 550 - 550)
To Debt issue costs Cash $1,980 ($2,200 - 110 - 110)
To Cash $465,000
(Being bonds extinguished is recorded)
The business cycle affects output and employment in capital and durable goods industries more severely than in industries producing non-durable goods because, ______. Multiple choice question. during a boom, business investment in new capital goods and consumer spending on new durable goods decline sharply during a recession, business and consumer spending on nondurable goods decline sharply during a recession, business investment in new capital goods and consumer spending on new durable goods rise sharply during a recession, business investment in new capital goods and consumer spending on new durable goods can be postponed
Answer:
During a recession business investment in new capital goods and consumer spending on new durable goods can be postponed
Explanation:
The business cycle are simply cycles or series of cycles of economic expansion and contraction.
An Economic expansion is simply defined as an increase in the level of economic activity, goods and services available. It is a period of economic growth usually measured by a rise in real GDP.
Economic growth
Economic growth is an increase in the capacity of an economy to produce goods and services, usuallycompared from one period of time to another time.
The four phases of the business cycle are;
1. Peak
2.Recession
3. Trough
4. Expansion
The length of a complete cycle usually varies from 2-3 years to 15 years.
What do taxes pay for?
What is the purpose of jim lentz’s series of presentations to toyota employees in california?.
To address employees concerns and provide details about relocation.
Relocation of Employees
CEO Jim Lent addressed the employees at Toyota to their concerns and to inform them about the relocation that is planned at a board level and then it is to be implemented.
CEO of Toyota is therefore addressing the employees to provide them details about relocation and to address their concerns.
CEO of ToyotaJim Lent CEO of Toyota, addressed the employees to provide them details about relocation and to address their concerns.
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1. What is the licensing or certification process in your
selected state?
2. What career advancement opportunities exist such as
additional certifications, board certifications, etc.?
The licensing or certification process in a selected state typically involves meeting specific educational requirements, completing clinical training or internship, passing an examination, and submitting an application to the state's licensing board. Career advancement opportunities in the healthcare field often include additional certifications, board certifications, and advanced degrees.
The licensing or certification process in a selected state for healthcare professionals typically involves several steps. It typically begins with completing the required education from an accredited institution. Following that, clinical training or internship is often required to gain practical experience in the field. After meeting these requirements, individuals must pass a licensure or certification examination specific to their profession. This examination assesses the knowledge and skills necessary for competent practice. Once the examination is successfully completed, individuals can then apply for licensure or certification through the state's licensing board, which may require additional documentation such as transcripts, background checks, and fees. It's important to note that the specific process and requirements can vary depending on the state and the healthcare profession being pursued.
Healthcare professionals have various career advancement opportunities available to them. Additional certifications can be obtained in specialized areas within their field, allowing professionals to demonstrate expertise and proficiency in specific areas of practice. These certifications can enhance job prospects and provide opportunities for career growth and advancement. Board certifications are typically offered in medical specialties and require meeting specific criteria, such as completing a certain number of years in practice and passing a comprehensive examination.
Board certification signifies a high level of expertise and can enhance professional reputation and credibility. Furthermore, healthcare professionals can pursue advanced degrees, such as master's or doctoral degrees, to expand their knowledge and open doors to leadership positions, research opportunities, or teaching roles within their field. These career advancement opportunities provide professionals with the chance to specialize, gain recognition, and pursue higher-level positions in their healthcare careers.
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_____________ career cluster involves planning, organizing, directing, performing, and evaluating business functions essential to effective and productive business operations.
Answer:
The business, Management, and Administration Career.
Explanation:
Sorry If I'm wrong.
The business, Management, and Administration career cluster involve planning, organizing, directing, performing, and evaluating business functions essential to effective and productive business operations.
What is the purpose of Business Management and Administration?Running daily operations is referred to as administration. However, taking charge of something is the definition of management. The day-to-day operations of the company are managed by a business administrator, while the business manager focuses more on overall leadership. In a small business, one individual can handle both tasks.
Planning, organizing, directing, and evaluating business functions—essential to effective and profitable business operations—relate to careers in the Business Management and Administration cluster. Organizations of all kinds require careers in leadership, management, and support functions to function effectively.
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During the project planning, the sponsor is the person who is in charge of the project. This statement is: a. True b. False c. False because the sponsor is no longer a project stakeholder after issuing the project charter d. None of these
The statement "During the project planning, the sponsor is the person who is in charge of the project" is false.
In project management, the sponsor is a key role responsible for initiating and championing the project. The sponsor provides the necessary resources, support, and authority to undertake the project successfully. However, the sponsor is not typically the person who is in charge of the day-to-day management and execution of the project tasks.
During project planning, the project manager is the individual who assumes the role of being in charge of the project. The project manager is responsible for developing the project plan, coordinating activities, assigning tasks, managing resources, and ensuring the project's objectives are achieved within the defined scope, schedule, and budget. They play a vital role in executing the project plan and overseeing its implementation.
While the sponsor remains an important project stakeholder throughout the project lifecycle, their involvement may vary depending on the project's specific circumstances. The sponsor's role typically extends beyond the project planning phase, and they continue to provide guidance, support, and decision-making authority throughout the project's duration. Therefore, the statement that the sponsor is the person in charge of the project during project planning is false.
It's important to note that the sponsor's level of involvement and authority may differ based on the project and organizational structure. The sponsor's role is defined in the project charter, which outlines their responsibilities and authority. However, the project manager is primarily responsible for managing and executing the project on a day-to-day basis during the planning and implementation phases.
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A problem exists in an organization only if someone or some group takes on the responsibility of attacking it and if the organization has the ability to solve it.
Select one:
True
False
Yes, the above statement is true. A problem exists in an organization only if someone or some group takes on the responsibility of attacking it and if the organization has the ability to solve it.
A firm, institution, group, or another type of body made up of one or more people and serving a specific function is referred to as an organization or organization. The word is derived from the Greek word organon, which also refers to an organ and several tools or instruments. An issue is typically thought of as a work, a circumstance, or a person that is challenging to handle or control because of its complexity and opaqueness. In common parlance, an issue is a question put out for resolution or a claim made for investigation or evidence.
Information, whether written or spoken, must be gathered and examined in order to diagnose a condition. If the company is particularly problematic, this data should be gathered more frequently. It can be obtained through employee surveys, performance reviews, and interviews.
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When an issue is identified within an organization, it is important for individuals or groups to take responsibility for addressing the problem.
This involves not only recognizing that the problem exists, but also taking action to find a solution. This may involve gathering information, collaborating with others, and developing strategies to address the issue. However, it is also important for the organization as a whole to have the ability and resources necessary to solve the problem. This may include having the necessary funding, personnel, or technological infrastructure in place to effectively address the issue. Without these resources, it may be difficult or impossible for the organization to effectively address the problem.
Furthermore, in some cases, the organization may not have the willingness or capacity to address the issue. This may occur due to factors such as competing priorities, lack of leadership, or resistance to change. In such cases, it may be necessary for individuals or groups to take action outside of the organization to address the problem.
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When a firm has __________, it can place more emphasis on other objectives.
When a firm has money or dollars , it can place more emphasis on other objectives.
What is Firm objectives ?
Profit maximization is a business firm's primary goal, according to the traditional theory of the firm. Price and output of a given product under perfect competition are decided with the only goal of maximizing profits, under the assumptions of given tastes and technology.
What does the company hope to achieve financially?
firm is to maximize the wealth of its owners." that the management's top priority is stockholder wealth maximization, which translates into boosting the price of the common stock. maximize the firm's value. The goal is to increase the stock price in trading and markets that are thought to be efficient.
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Christian is 33 years old, has been renting for the past five years, and is now thinking about purchasing a home by applying for a mortgage. Why is it important for him to check the information recorded on his credit report? Group of answer choices To confirm that his landlords' names are not on the report To verify the accuracy of his rental history To check the accuracy of his landlords' addresses To ensure that his roommates' names are on the report
Answer: To verify the accuracy of his rental history
Explanation:
Based on the scenario in the question, it is it important for Christian to check the information recorded on his credit report so as to verify the accuracy of his rental history.
He has to verify his rental history so as to know if there's a mistake or if the details written are not correct. To apply for the mortgage, he needs to ensure that the details are correct.
Evaluate each of the marketing campaigns you created for your product concept. Which of these campaigns do you think would be most successful if actually implemented? Explain your answer by making specific predictions as to how your target market would likely respond to these various campaigns.
Answer:
The focus of your strategy should be making sure that your products and services meet customer needs and developing long-term and profitable relationships with those customers. To achieve this, you will need to create a flexible strategy that can respond to changes in customer perceptions and demand. It may also help you identify whole new markets that you can successfully target.
Explanation:
Answer:
For a campaign you should focus on what your strategy is when making your products and services meeting the customer. To create a flexible strategy that changes the response based on customer perceptions and demand.
Is a business plan a one time fee?
Answer:
i think so :)
Explanation:
which form of business ownership is a particularly poor choice for an aggressive entrepreneurial firm?
A sole proprietorship is a particularly poor choice for an aggressive entrepreneurial firm.
The aggressive entrepreneur relies more on the notion that there are numerous opportunities and makes use of all available means to accomplish their goals. This is primarily concerned with what comes next, what can be accomplished, and how to foster progress via individual initiative and conviction.
Businesses that are aggressively entrepreneurial and offer ownership in exchange for capital contributions are better suited for corporations. The simplest type of business ownership is a sole proprietorship, which presents neither a hurdle nor any.
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What is the marginal revenue and marginal cost for this diagram?
What type of market is this? Explain your answer
Marginal revenue :
2060120200300420560Marginal cost :
108210192640It is a Monopolistic market structure because marginal revenue is greater than the marginal cost.
Marginal Revenue is the increase in the revenue by selling one extra product in the market. It is calculated by the Change in revenue divided by the change in output.
Marginal cost is the change in cost by producing one extra unit of output. It is calculated by a change in cost divided by the change in units.
Monopolistic market structure is where there are multiple companies producing similar products in the market.Example for monopolistic structure can be a grocery store.
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The mindset one has an objective or target in mind is considered to be...
The mindset one has an objective or target in mind is considered to be having a goal mindset is very important to daily life.
From getting out of bed to finishing our tasks for the day, all involve a number of mini-goals that need focus and determination to achieve. They keep us focused and efficient.
Your mindset is hard and fast of ideals that shape how you make the experience of the arena and yourself. It affects how you think, experience, and behave in any given situation. It manner that what you consider about yourself affects your fulfillment or failure.
Achievement is the procedure of reaching a particular aim. In step with LifeHack “ fulfillment in reaching our dreams comes down to an 'achievement mindset'.
Successful mindsets are those centered on victory, based on superb mental attitudes, empowering inclinations, and true behavior.
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Heyy
Can someone help me please
According to the data set below, what was the GDP per capita in the United States in 2017? Round your answer to the nearest whole dollar.
United States Real GDP and Population, 2013-2017
Year - Real GDP in US dollars - Population
2013 | $16,691,500,000,000 | 316,234,505
2014 | $17,427,600,000,000 | 318,622,525
2015 | $18,120,700,000,000 | 321,039,839
2016 | $18,624,500,000,000 | 323,405,935
2017 | $19,390,600,000,000 | 325,719,178
The GDP per capita in the United States in 2017 was approximately $59,647.
What was the approximate per capita GDP in the United States in 2017?To calculate the GDP per capita, we divide the real GDP of the United States in 2017 ($19,390,600,000,000) by the population in the same year (325,719,178). This calculation yields a GDP per capita of approximately $59,647.
GDP per capita is a measure that provides insight into the economic well-being of a country's residents on average. It represents the value of goods and services produced per person in a given year.
In the case of the United States in 2017, the GDP per capita indicates that, on average, each resident would have earned approximately $59,647 if the country's GDP were distributed equally among its population.
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An auto dealership is advertising that a new car with a sticker price of $34,128 is on sale for $25,995 if payment is made in full, or it can be financed at 0% interest for 72 months with a monthly payment of $474. Note that 72 payments × $474 per payment = $34,128, which is the sticker price of the car. By allowing you to pay for the car in a series of payments (starting one month from now) rather than $25,995 now, the dealer is effectively loaning you $25,995. If you choose the 0% financing option, what is the effective interest rate that the auto dealership is earning on your loan? (Hint: Discount the payments back to current dollars, and use Goal Seek to find the discount rate that makes the net present value of the payments = $25,995.)
Answer:
effective annual rate = 9.77%
monthly rate = 0.78%
Explanation:
we can solve this by using a financial calculator or an excel spreadsheet:
our initial outlay = -25,995
then we have 72 cash flows = 474
I prefer to use excel, since all you need to do is use the IRR formula to determine the interest rate at which the NPV = 0. The interest rate at which NPV = 0 is the effective monthly interest rate. IRR = 0.78% monthly
In order to determine the effective annual rate:
EAR = (1 + 0.0078)¹² - 1 = 1.0977 - 1 = 0.0977 = 9.77%
Which of the following is the most common traits of entrepreneurs? A. Passionate B. Risk-taker C. Independence D. Self-assured
Answer:
A. Passionate
Explanation:
Hope this helps
Answer: independence
Explanation:
List at least five public services that sales tax pays for.
Several states and governments use sales tax income to pay for K-12 education, education for higher studies, public health, public safety, transportation, parks, and various different public services.
What is Public Service?Any provider supposed to deal with precise wishes concerning the combination participants of a community is Public Service. It includes child protection services, insurance-related to unemployment, and many more.
Thus, these are the different public services for which sales tax revenue is used.
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Which of the following is an
example of an operative
employee?
Explanation:
I just did this yesterday!
its assembled line worker