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Inessa05 [86]
4 years ago
11

You heard somebody say, Marketing is just sales and advertising" Discuss the accuracy of this statement

Business
1 answer:
Serga [27]4 years ago
3 0

Answer:

Marketing is much more than just sales and advertising.

Explanation:

Marketing is when an individual or a firm develop the interest of a client or an intending customer to the product one sells or services one render. It makes use of research, distribution, sales promotion etc .

Before an individual or a business venture goes into marketing, it must make thorough research on who his potential buyers are, how can he convince them to buy the products.

The distribution channel must also be considered, like getting the goods

directly to the buyers or involving middle men. There is also sales promotion when considering marketing. Sales promotion includes all activities aimed at promoting immediate sales like raffle draws, offering gifs after purchase etc.

The basic aim of marketing is to sell, acquire customers and retain them while employing marketing concepts and mix(using place, price, promotion and product).

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Proposed by Herbert A. Simon, __________ means that managers are limited in the extent to which they can use the classical model
djyliett [7]

Answer: bounded rationality

Explanation: Proposed by Herbert A. Simon, _____bounded rationality_____ means that managers are limited in the extent to which they can use the classical model of decision making, because they only have so much time and ability to process information.

In order words, Simon maintained that individuals do not seek to maximise their benefit from a particular course of action. This is because one cannot take in and process all the information that would be needed to maximize personal benefits, and that even if this was tenable, our minds would not be capable of processing it properly. In summary, the human mind necessarily restricts itself—bounded rationality.

7 0
3 years ago
George Kyparisis owns a company that manufactures sailboats. Actual demand for​ George's sailboats during each of the past four
devlian [24]

Answer:

budget sales per season

Seaon  Year 5

winter   1,473

spring   1,934

summer  2,267

fall              826

Explanation:

First, we calcualte the average per season:

Seaon Year 1 Year 2 Year 3 Year 4  Average per season

winter 1440 1240 1000  920.00   1,150.00

spring 1500 1440 1600  1,500.00  1,510.00

summer 1040 2140 2000   1900  1,770.00

fall          600 770            690   520  645.00

 

Now, we cross multiply to get the next year values

Seaon  Average per season  Year 5

winter  1,150.00   1,472.91  (1150/5075 x 6500)  

spring  1,510.00   1,933.99  

summer  1,770.00   2,267.00  

fall           645.00   826.11  

        5,075.00   6,500.00  

3 0
3 years ago
A method of allocating merchandise cost that assigns the most recent purchased costs to the ending inventory shown on the balanc
____ [38]
The answer is B. First in, first out method

Or commonly known in accounting as the FIFO method, is inventory valuation method where the first goods purchased by company is also the first goods sold.

By doing that, this will make the last goods purchased ( the most recent purchased) by the company became company ending inventory.


7 0
3 years ago
Which of the following types of accounts do NOT require an adjusting entry?
trasher [3.6K]
I think it is d. none are correct
6 0
4 years ago
Help please Which website's purpose is the most credible?
Mashutka [201]

Answer:

I believe is :to provide information and assistance to people

8 0
3 years ago
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