The philosophy which <em>Vineyard Vines is utilizing </em>by understanding its customers’ needs is known as:
- Societal marketing orientation
<h3>Societal marketing orientation</h3>
This refers to the type of marketing where a company makes its marketing decisions based on the long term interests of the society and not just based on current demand.
With this in mind and from the complete text, we can see that Vineyard Vines makes use of this concept to market their goods.
Read more about marketing here:
brainly.com/question/25369230
Since the increasing level of government transfers only transfers the wealth without actual creation of goods/services, Higher taxes may be necessary to finance increased transfer payments, leading to a reduction in hours worked because of a decrease in the reward for productive activity. Not only that, <span>.Greater transfer activity diverts productive resources into rent-seeking activity</span>
Answer:
The correct answer is letter "B": are essential to the reallocation of resources from less desired to more desired goods.
Explanation:
Economic profit is the difference between the company's profits from revenue and the overall opportunity cost. The difference between accounting profit and economic profit is significant. Only total revenue minus the explicit cost of producing goods or services is considered to calculate the accounting profit.
The economic profit is called a loss if after subtracting the opportunity costs from revenue the figure is negative. <em>Both profit or losses determine how resources will be allocated in a company prioritizing the more desired goods or those who are needed for the firm's operations.</em>
50,000×5=250,000
250,000÷4=625,000
250,000-625.000=375.00
Sum=375.00
Answer:
B) incorporate the unique demands of different cultures
Explanation:
To be effective, an employee involvement program must ________.
A) rightsize the company by eliminating obsolete positions
B) incorporate the unique demands of different cultures
C) mandatorily establish work councils in the company
D) eliminate the influence of employees in managerial decision making
E) implement autocratic ways of handling its employees
