Answer:
Information extortion
Explanation:
This is a manipulative attempt by which an individual seeks to take advantage of what he is rightfully not entitled to.
Answer:
(B) Cost of goods purchased
Explanation:
While a merchandising company buys goods from its suppliers (goods purchased) and adds this to its opening inventory to determined the quantity of goods it has available for sale (goods available for sale), a manufacturing firm makes the goods to be sold (goods manufactured) and add to its opening inventory of finished goods to determine the same metric (quantity of goods available for sale).
This relationship can be seen when the trading account of both firms are compared.
Answer:
You are looking for a solution to organize your small closet. After visiting the IKEA website you discover the perfect components to make your closet more useful. Marketing just highlighted a benefit for:
You the consumer
Explanation:
Marketing is an aspect of business that can be defined as the act of communicating a company's product information to potential customers with the aim of converting them to loyal customers. In the business world, there is competition for the market share, therefor businesses need to utilize effective strategies that will ensure that they have a bigger share of the market as compared to the competition. Marketing strategies target various audiences that can be beneficial to them.
In our case above, the potential customer had a problem with organizing her closet in such a way that the closet can be more spacious. She decided to visit IKEA which is a multinational group that deals with the selling of ready-to-assemble furniture. The information from the website helped her determine the perfect components to make her closet more useful. The marketing highlighted a benefit for her as a consumer.
Answer:
Explanation:
Profit maximization objective can easily be manipulated and it is highly subjective. Management may decide to avoid some costs in the short-term such as Investment in Assets, Investment in R &D and other discretionary cost in order to have an impressive profit performance. In the long-run, the avoidance of this cost now may reduce the earnings capacity of the company assets.
Using profit as measure of performance for manager may encourages dysfunctional behavior.
In the true sense, profit generation may not translate into increase in the value of the company . For example, management may decide to reduce depreciation charge, decide to over state revenue or over valued inventory
On other hand, maximizing shareholder value is a long-term and sustainable objective that involved investing in viable projects with positive net present value to enhance the value of the company.
When this is used as a performance measure , it very difficult to manipulate in the short-term.
Answer: "marketing strategy" .
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