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schepotkina [342]
3 years ago
11

Why is marketing important to an organization? Describe key benefits to implementing a marketing concept, and explain how employ

ees in at least two other roles participate in marketing. For example, how does the accounting department participate?
Business
1 answer:
abruzzese [7]3 years ago
5 0

Answer: Marketing plays an important role in establishing relationships between customers and the organizations offering to the market. ... The marketing function is also tasked with the branding of the organization, participation in publicity activities, advertising and customer interaction through feedback collection.

The Marketing Department plays a vital role in promoting the business and mission of an organization. ... It is the Marketing Department's job to reach out to prospects, customers, investors and/or the community while creating an overarching image that represents your company in a positive light.

The marketing concept is based on the “right” principle. The marketing concept is the use of marketing data to focus on the needs and wants of customers in order to develop marketing strategies that not only satisfy the needs of the customers but also accomplish the goals of the organization.

The roles of the employee in the marketing departments are:

1. Oversees the marketing department

2. provides direction and feedback on major projects.

The accounting departments oversee the cash flow of the company also helps in terms of budgeting.

Explanation:

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What was the weighted average interest rate Colgate faced on its short-term borrowings in 2013? Enter with 1 decimal place and w
statuscvo [17]

Answer:

The weighted average interest rate that Colgate faced on its short-term borrowings in 2013 was:

2.2%.

Explanation:

On page 62 of its 10-K annual report for the fiscal year ended December 31, 2013, it specifically reported that "the weighted-average interest rate on short-term borrowings of $13 in 2013 and $54 in 2012 included in Notes and loans payable in the Consolidated Balance Sheets as of December 31, 2013 and 2012 was 2.2% and 1.0%, respectively."  To calculate the weighted-average interest rate, we multiply each loan amount by its interest rate to obtain the "per loan weight factor."  Then add the per loan weight factors together. Add the loan amounts together. Divide the "total per loan weight factor" by the "total loan amount," and then multiply by 100 to calculate the weighted average.

6 0
3 years ago
The four components of planned aggregate expenditure are: A. spending on domestic goods, domestic services, foreign goods, and f
ASHA 777 [7]

Answer:

D.

Explanation:

Aggregate Planned Expenditure (AE) can be defined as the sum value of all the finished products and services in an economy. This value is calculated by adding all the expenditures that are considered in an economy. These components are household consumption (C), planned investments (I), Government expenditures or purchases (G), and net exports (NX) [net exports is the difference between the total exports and total imports].

<u>The sum value or the aggregate planned expenditure is calculated by adding all these components</u>.  

So, the correct answer is option D.

6 0
4 years ago
According to the human relations approach, employee commitment to an organization is gained by ______. Select one: 1. economic m
NemiM [27]

Answer:

"4"

Explanation:

Human relations approach to employees management believes that employees are not only motivated by financial incentives but other factors like praises , interpersonal relationship and delegation of roles and this in return , boost their commitment.

The managers are involved in active support of employees' growth and performance.

It underscores the importance interpersonal and social relationship in a work environment.

5 0
3 years ago
According to OSHA, employers must_____ and _____ hazardous chemicals in the workplace. Which selection completes the sentence to
gladu [14]

D communicate and label

4 0
3 years ago
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jek_recluse [69]
A and then d i’m pretty sure
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4 years ago
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