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timama [110]
2 years ago
12

To create and capture customer​ value, companies must engage the first step of the marketing​ process, which is​ __________.

Business
1 answer:
Alecsey [184]2 years ago
4 0

To create and capture customer​ value, companies must engage the first step of the marketing​ process, which is​ understand the marketplace and customer needs and wants.

<h3>What is meant by the marketing process?</h3>

The term marketing process can be described as the series of steps that organizations can use in order to know the issues the their customers face and be able to see the opportunities that are existent in the particular market so that they can take care of the ways they can reach their targeted audience.

Hence we can say that to create and capture customer​ value, companies must engage the first step of the marketing​ process, which is​ understand the marketplace and customer needs and wants.

Read more on the marketing process here: brainly.com/question/25369230

#SPJ1

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2. A box contains 50 slips of paper. Forty of the slips are marked $0, 8 of the slips are marked $20, 1 slip is marked $100, and
DochEvi [55]

Explanation and answer:

If if the possible outcomes are xi, and the corresponding probability is pi, where i is one of the N events, then the expectation [E] is given by

[E] = sum (xi*pi)

In the given case, n= frequency of the event, N=50=total number of events

i    n    xi   pi            n*xi*pi

1  40    0   40/50     40*0*40/50 = 0

2   8   20   8/50      8*20/50 =  3.20

3   1  100    1/50       1*100/50 =  2.00

4   1  500   1/50       1*500/40= 10.00

Total  (expected gross winning) =  15.20

Person has already paid $10,

so the expected net winning = 15.20 - 10 = 5.20

8 0
3 years ago
Which type of control takes place while an activity is in progress so problems can be corrected before they get out of hand?.
wlad13 [49]

Concurrent control takes place while an activity is in progress so problems can be corrected before they get out of hand.

Concurrent control is the method of observing and modifying ongoing operations and procedures. While not always proactive, these controls can stop issues from getting worse. Because it works with the present, concurrent control is frequently referred to as real-time control. Concurrent control can be demonstrated by changing the water's temperature while taking a bath.

Concurrent controls entail spotting and stopping issues as they emerge in an organization. This implies that systems are continuously monitored. Concurrent controls start with standards, against which all employee behavior is evaluated. These frequently include criteria for quality control. This implies that goods and services can be examined as they are created or rendered to guarantee that only the best goods or services are created or rendered. Concurrent controls are significant since they take place instantly.This emphasizes continuous procedures or things that an organization may alter immediately to ensure that the goals can be achieved.

To read about quality control see:

brainly.com/question/14167114

#SPJ4

5 0
2 years ago
AE Corp. completed the following transactions during Year 1: Issued 3,000 shares of $10 par common stock for $25 per share. Repu
AleksandrR [38]

Answer:

4,700 shares

Explanation:

The computation of the number of shares of common stock outstanding at the end of the period is shown below

= Beginning shares + issued shares  - repurchase shares + reissue shares

= 2,000 shares + 3,000 shares - 500 shares + 200 shares

= 4,700 shares

We applied the above equation to find out the number of shares outstanding at the end of the year

6 0
4 years ago
How might the government regulations affect a small family restaurant
raketka [301]

Explanation:

regulations are significance]factor that could prevent from our restaurant from growing it also involved rule makingfind child labor

7 0
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When Nintendo sets a relatively low price on its game units to stimulate more demand for its game cartridges, it is using :A. co
anygoal [31]
I think it’s B ........ I could be wrong tho
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