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zepelin [54]
2 years ago
9

Why did businesses enter the marketing economy

Business
2 answers:
Kitty [74]2 years ago
8 0

Answer: business became more concerned with the needs of the customer

Explanation:

goldenfox [79]2 years ago
5 0

Most businesses enter the marketing economy to seek a share of those profits especially when the profits are high.

<h3>What is called a marketing economy?</h3>

It refers to a system in which people earn wages and buy the goods as they choose.

It is also known as an economic sphere such as international market where a local firm can decide to enter for maximization of its profit through satisfying of the consumers needs.

Most time, in a business expansion, majority of businesses enter the marketing economy to seek a share of those profits especially when the profits are likely to be high.

Read more about marketing economy

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Which of the following is not a way to accomplish an activity cost reduction? a.improve operations so that the activity-base usa
maw [93]

Answer:

b. use lower-cost materials

Explanation:

In Accounting, costing is the measurement of the cost of production of goods and services by assessing the fixed costs and variable costs associated with each step of production.

Production costs can be categorized as;

1. Variable costs: these are costs that usually change with respect to changes in the level of production or output. Examples are direct labor, maintenance of equipment or machines, raw materials costs etc.

2. Fixed costs: these are the costs which are not directly related to the level of production or not affected by the quantity of output in an organization. Examples are rent, depreciation, administrative cost, research and development costs, marketing costs etc.

Some of the ways to accomplish activity cost reduction are;

I. The operations of a business firm should be improved in order to make the activity-base usage per unit to be reduced.

II. The classification of employees doing an activity should be changed so as to decrease the activity rate.

5 0
3 years ago
One of the main tools used by economists to measure the actual distribution of income in an economy is:
vekshin1

Answer: Lorenz curve

Explanation:

One of the main tools used by economists to measure the actual distribution of income in an economy is known as the Lorenz curve.

The Lorenz curve Lorenz curve is a graph that shows the inequality witybrwgrds to the income and wealth distribution for a particular economy. The x-axis on the graph shows the population, while the y-axis shows the wealth.

7 0
3 years ago
Win Goods Inc. is a large multinational conglomerate. As a single business unit, the company's stock price is estimated to be $2
timama [110]

Answer: Upon realizing that they maintain business units that are not included in their results and generate a greater benefit, it could be indicated that Win Goods Inc should review their financial performance, because for some reason their separate business units are having a better market valuation. This study may indicate that they should consolidate their results so that the Group's shares are unified in the market.

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3 years ago
How many career fields are there?<br> A. 6<br> B. 9<br> C. 11<br> D. 17
BlackZzzverrR [31]
The answer is A, there are 6 career fields
7 0
3 years ago
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The transfer of existing mortgages between investors is the:___________
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Answer:

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Explanation:

The secondary mortgage market is a market in which the loan related to the home and the services rights are purchased and sold between the lenders and the investors

here the transfer is to be done with respect to the mortgages that are previously existed between the investors

Therefore in the given case, it is the situation of the secondary mortgage market and hence, the same is to be considered

3 0
4 years ago
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