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german
2 years ago
10

Why do you think organizations tend to focus on the creation of one type of value but not both?

Business
1 answer:
cluponka [151]2 years ago
4 0

Organizations tend to focus on the creation of one type of value but not both because organizations do  believe that the social value created by any organization has equal importance as their economic value. Due to this organizations believe that the creation of any value either the social value or economic value  is enough.

Social value means the enhancement of the people and their lives by the combination of different resources.

Economic value means the creation of money or value in any economy by the organization.

To know more about social value here:

brainly.com/question/17176506

#SPJ4

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Price is important to managers
jek_recluse [69]

Price is important to managers because it has a substantial effect on a company's profitability and sustainability.

<h3>Why is pricing important?</h3>

The importance of pricing is traced to the fact that defines the value or worth of a product and the number of customers that demand the product.

For the consumer of products, price is a key factor that determines purchase decisions.

Thus, price is important to managers because it has a substantial effect on a company's profitability and sustainability.

Learn more about pricing at brainly.com/question/15569228

#SPJ1

<h3>Question Completion:</h3>

Why is price important to managers?

7 0
2 years ago
Which of the following is not a factor of production?
Nataliya [291]
C. Goods and services
4 0
3 years ago
A fee collected by a real estate agent upon the sale of a property is
vladimir2022 [97]
Real estate commission fee
3 0
3 years ago
Many companies use the Internet to allow consumers to design customized products; for example, Nike allows customers to order sh
Alja [10]

Answer:

The correct answer is A. micro-marketing.

Explanation:

In micro marketing strategy marketers give their advertising ans selling efforts on a small group of tightly targeted consumers.

For example, the market can be grouped into small groups based on a commitment to a product class or readiness to purchase a given brand.This grouping can be based on following aspect of customers

1). Locayion

2). Relationships

3). Job Title

4). Industry

5). Size

5). Customer Needs

6). Brand Loyalty

7). Customer Recovery

8). Price Sensitivity

Nike allows customers to order shoes with custom color combinations is a type of need based micro-marketing.

4 0
3 years ago
An organization with an external strategic focus and a high degree of environmental turbulence calls for a(n) ____ culture.
Yuliya22 [10]

Answer:

C. adaptive

Explanation:

An adaptive culture is the culture that enables the company to adapt the changes in a quickly and in an effective manner with respect to the external pressures

In the given question, it is mentioned that the organization having an focus i.e. external strategic also have a high degree of an environmental calls

So this represent the adaptive culture

8 0
2 years ago
Read 2 more answers
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