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Travka [436]
2 years ago
10

Recognizing marketing greater purpose is one of the four overriding principles of:________

Business
1 answer:
gtnhenbr [62]2 years ago
6 0

One of the four guiding principles of is to recognize the bigger goal of marketing. It looks at moral standards and guidelines in a business setting.

Making a living or earning money through the production, acquisition, and sale of items is referred to as business (such as goods and services). Furthermore, it refers to "any activity or enterprise undertaken for profit."

The owner of the business is responsible and liable for any debts incurred by the business since despite having a business name, they are one and the same. If the company accrues debts, the creditors may seize the owner's personal property. Corporate tax rates cannot be applied to a firm structure. All profits earned by the business are subject to personal taxation by the owner.

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The approach of a firm using a "think global, act local" version of a global strategy entails:
nignag [31]

Answer:

The correct answer is letter "C": pursuing the same basic competitive strategy theme (low cost, differentiation, best cost, focused) in all countries where the firm does business but giving local managers some latitude to adjust product attributes to better satisfy local buyers and to adjust production, distribution, and marketing to be responsive to local market conditions.

Explanation:

"Think global, act local" is an approach by which firms spread their activities around the world with a standardized product or service. However, different regions imply having different consumers. Then, units in different countries have relative autonomy to adjust the product or service being offered to meer consumers' <em>preferences, expectations, </em>and <em>needs</em> to boost sales, thus, increase profits.

8 0
4 years ago
Using an existing brand name to introduce a product that is new to the company into a totally new, unfamiliar market seems like
Y_Kistochka [10]

Answer: brand extension

                               

Explanation: In simple words, brand extension refers to the process in which a producer use the brand name or trademark of a well known firm on some new product with the objective of increasing sales.

Usually, in such cases the firm giving their trade mark or brand name take share in profit in the form of royalty. Thus, in the given case the strategy used by Bic of introducing perfume with an existing brand name is an example of brand extension.

5 0
3 years ago
Wendy Carlson, office manager for the hospital’s ambulatory services division, was secretly happy that her half-day conference h
Reil [10]

Answer:

Explanation:

Wendy Carlson being the office manager of the hospital ambulatory service should ensure on no circumstances should Dr. Greer's ought to have talked or bullied sue. Because by doing so, it creates demotivation in working environment. This would also give room for incompetency of sue because of the way he was being treated by Dr. Greer's. Mr. Wendy Carson should call the two people in question and settle the matter which might have generated among them amicably and hereby cautioned Dr. Greer's for future occurrence. Aftermath, they should have a reconciliation speech with each other so as to ensure stitch free work.

3 0
3 years ago
What strategy is american tile corp. using when it acquires a company that makes industrial cleaning products that american tile
wlad13 [49]

Diversification strategy is American tile corp. using when it acquires a company that makes industrial cleaning products that American tile does not currently offer.

When businesses want to expand, they use a diversification approach. In order to boost revenues, it is a practice to add a new product to your supply chain. These goods may represent a new subset of the market that your organization already serves, a strategy known as business-level diversification.

One of the four growth techniques popularized by Igor Ansoff is diversification. One of these growth techniques is more likely to work for your firm than the others, depending on the sector, size, and ambition of your business. As follows:

Product Development

Penetration

Market Diversification and

Development

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4 0
2 years ago
A lease includes a provision saying that a tenant who needs to break their lease can find someone else to take over the remainde
tiny-mole [99]

A clause in a lease states that a tenant who must break their lease may locate another person to take over the remaining terms of the agreement; this process is known as a<u> sublease</u>.

An stake in a leasehold estate is regarded as personal property.

When a landlord leases space to a tenant, the landlord is required to do whatever is required to furnish a habitable housing unit at the landlord's expense. This is sometimes referred to as the Habitability Covenant.

When a leasehold estate is of the estate at will variety, occupation is for an ambiguous period of time and is terminable by either the landlord or the tenant.

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4 0
2 years ago
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