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AnnZ [28]
2 years ago
14

bob mills furniture aims to improve the lives of many people. the mission statement could have focused on affordable furniture (

product oriented), but instead it focuses on making life better for its customers. this example shows that
Business
1 answer:
astra-53 [7]2 years ago
6 0

The mission statement could have focused on affordable furniture (product-oriented), but instead, it focuses on making life better for its customers. this example shows that market-oriented firms shape their mission statement in terms of customer benefits

<h3>What is Marketing?</h3>

This refers to the creation of awareness for a product to a customer base to drive them to buy.

Hence, we can see that The mission statement could have focused on affordable furniture (product-oriented), but instead, it focuses on making life better for its customers. this example shows that market-oriented firms shape their mission statement in terms of customer benefits

Read more about marketing here:

brainly.com/question/25754149

#SPJ1

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Wyly Inc. produces and sells a single product. The selling price of the product is $215.00 per unit and its variable cost is $66
Tanzania [10]

Answer:

c. $587,100.

Explanation:

The computation of the break even sales in dollars is shown below:

Break Even Sales = Fixed Cost ÷ Contribution Margin Ratio

where,

Fixed cost is $405,099

And, the contribution margin ratio is

= (sales price - variable cost) ÷ sales price

= ($215 - $66.65) ÷ $215

= 69%

Now placing these above formulae to the given formula

= $405,099 ÷ 0.69

= $587,100

Hene, the correct option is c. $587,100

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3 years ago
What is the best scam ever in Business
mixas84 [53]

Like toys r us it failed because they always had low costs and low profits from their toys.

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3 years ago
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Three categories of activities (operating, investing, and financing) generate or use the cash flow in a company. In the followin
Marat540 [252]

Answer:

a. Yum Co. uses cash to repurchase 10% of its common stock. (Financing activity)

b. DigiInk Printing Co. buys new machinery to ramp up its production capacity. (Investing activity)

c. D and W Co. sells its last season’s inventory to a discount store. (Operating activity)

d. A company records a loss of $70,000 on the sale of its outdated inventory. (Operating activity)

Explanation:

Cash flow statement shows how cash is used and obtained in a business. There are different activities that influence cash flow. Below are the activities:

- Operating activities are those that include normal business operations like buying and selling of inventory, interest payments, and salaries.

- Investing activities involves use of cash for investment like purchase or sale of assets, merger and acquisitions payments, and purchase of equipment.

- Financing activities includes cash used to purchase or sell equity such as shares, payment of dividends, and repayment of principal from debt

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What is Your Fav song and Singer??
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Answer:

Antiglobal

Explanation:

In market segmentation we can diferenciate 4 segments.

Antiglobals are skeptical abouth whether the goods of global brands have a high quality. Are against global brand

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Global Citizens favours buying global brands that signal prestige.

Global dreamers favours buying global brands but can't afford them, and still admire them.

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3 years ago
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