Answer:
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Explanation:
Answer:
<u>Marketing</u>
Explanation:
Carol Veldt has decided to ask selected guests to participate in an extensive survey about their experience at Seagull Terrace and about their requirements in terms of amenities and cuisines. By implementing the suggestions she receives from guests Carol would be following the marketing concept.
<em>Marketing concept has 4 elements they are :</em>
<u>Product Mix</u> : Decisions regarding the product.
<u>Price Mix</u> : Decisions regarding the price of the product.
<u>Promotion Mix</u> : Decisions regarding the advertisement and selling of the product .
<u>Place Mix</u> : Decisions regarding the distribution of the product .
The main purpose of Marketing concept is to achieve customer satisfaction by satisfying there demand by taking care of there need.
Marketing Concept begins when the idea of producing the goods come in the mind of the businessman and ends with the satisfaction of the customers . The satisfaction of customer is placed at the top because in today's world customer is consider as the king of the market .
Marketing concept helps the company in framing the good public image by satisfying the need of the customer and producing the goods according their demand.
Answer:
the agency problem
Explanation:
The issue with the organisation is a conflict of interest present in either partnership where each party is required to look after the interests of someone else. In management consulting, the issue with the corporation generally refers to a conflicts of interest among management of a business and shareholders of the organization.
The management, acting on behalf for stakeholders or executives, will take decisions that increase shareholder value wealth, although it is in the long term interests of the supervisor to maximize his personal riches.
They are all picking the largest manufacturing organizations because they are well known. This manufacturer takes the time to advertise and promote themself where different businesses are aware of who they are and want to use them. By investing in your business and advertising, you have a greater chance of reaching more clients.