1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ksenya-84 [330]
3 years ago
12

Probably the most critical 'premise' of the marketing concept is that the firms should focus on identifying and satisfying custo

mers' needs i.e. the customer should be 'central' to everything the firm does.
True or False?
Business
1 answer:
faust18 [17]3 years ago
3 0

The statement, "Probably the most critical 'premise' of the marketing concept is that the firms should focus on identifying and satisfying customers' needs i.e. the customer should be 'central' to everything the firm does" is true.

<u>Explanation:</u>

First of all, simply putting the customers first means a company places a customer requirements and desires above all else. Such an organisation aims to develop healthy contacts with its clients by recognising their interests and supplying its customers with either the best possible experiences.

Demand input from their consumers at any point in the project to determine the requirements of their clients.  

For example, through market research, going to listen to your clients or social media or researching keywords, you can detect customer requirements in a wide range of ways.

You might be interested in
11. (-/1 Points] DETAILS BRECMBC9 5.11.010.
Lisa [10]

Answer:

2190 ; 2560 ;

$778.2

Explanation:

Total worth of gasoline sold = 16003.50

Cost of regular = 3.30

Cost of premium = 3.45

Let :

premium Gallon sold = x

Regular gallon sold = 370 + x

Hence, mathematically;

(3.45*x) + (3.30 * (x + 370)) = 16003.50

3.45x + 3.30x + 1221 = 16003.50

6.75x = 16003.50 - 1221

6.75x = 14782.5

x = 14782.5 / 6.75

x = 2190

Premium Gallon sold = 2190 gallons

Regular gallon sold = 2190 + 370 = 2560 gallons

Profit per regular gallon sold = $0.15

Progit per premium Gallon sold = $0.18

Total profit = (2190 * 0.18) + (2560 * 0.15) = $778.2

7 0
2 years ago
Which of the following is not affected by a person's credit score?
Anon25 [30]
A. federal tax income
6 0
3 years ago
Keith Inc. has 4 product lines: sour cream, ice cream, yogurt, and butter. Demand of individual products is not affected by chan
aleksley [76]

There will be decrease in profit if dropping of sour cream. So that means Keith Inc would lose $4,000.00

3 0
3 years ago
Read 2 more answers
The accountant for Eva's Laundry prepared the following unadjusted and adjusted trial balances. Assume that all balances in the
amm1812

Answer:

See the errors identified below.

Explanation:

Note: The data in this question are merged together. They are therefore sorted before answering the question. See the attached pdf file for the complete question with the sorted data.

The explanation of the answer is now given as follows:

The following errors can be identified in the accountant's adjusting entries:

1.The accountant debited the account receivable for $5,000 (i.e. $23,250 - $18,250 = $5,000) without crediting laundry revenue.

Therefore, we should have:

Correct amount of laundry revenue = Laundry revenue in trial balance + (Adjusted account receivable - Unadjusted account receivable) = $182,100 + ($23,250 - $18,250) = $187100

2. The accountant debited laundry suppliers expense instead of crediting laundry suppliers for $3,000.

3. The the accountant credited Prepaid insurance for $3,600 (i.e. $5,200 - $1,600 = $3,600). However, the insurance expense was debited for $600.

4. Instead of crediting accumulated depreciation, the laundry equipment for depreciation expense was erroneously credited by the accountant for $13,000.

5. A debit of $1,000 to wages expense was not made by the accountant.

<u>Additional Note:</u>

After correcting the errors identified above, the correct adjusted trial balance will look as the one in the attached photo.

5 0
2 years ago
Plummer Industries purchased a machine for $43,800 and is depreciating it with the straight-line method over a life of 8 years,
tensa zangetsu [6.8K]

Answer:

$2,580

Explanation:

Depreciation = (Cost - Residual Value)/ Useful life

Yearly depreciation = ($43-800 - $3000)/8 = $5100

At the end of Year 5, total depreciation would be = $5100 X 5 = $25,500

Net book value at the end of year 5 = $43,800 - $25,500 = $18,300

Year 6, the extra ordinary repair that extended the useful life would be capitalized. Book value = $18,300 + $7,500 = $25,800

As 5 years have been expended, the remaining useful life would be 15-5 = 10 years

Depreciation expense year 6 = $25,800/10 = $2,580

7 0
3 years ago
Other questions:
  • Once April has the photo in her document, she wants to make several changes to it. What DTP feature is the best tool for April t
    14·2 answers
  • A machine costing $25,000 to buy and $3000 per year to operate will save mainly labor expenses in packaging over six years. the
    6·1 answer
  • F a monopolist increases the selling price of a good from $20 to $30, then what is the marginal revenue?
    12·2 answers
  • Which of the following is not a step in product design?
    15·1 answer
  • The Sunland Acres Inn is trying to determine its break-even point during its off-peak season. The inn has 50 rooms that it rents
    5·1 answer
  • Kearney Inc. has a factory with the following characteristics: direct labor of $82056, direct materials of $52432 fixed overhead
    11·1 answer
  • Bonita Corporation has outstanding 9,100 shares of $100 par value, 6% preferred stock and 60,500 shares of $10 par value common
    15·1 answer
  • A person studying economics chooses to buy an economic textbook for their class, even though it means they
    14·2 answers
  • On August 24, Edward Charles offered to sell his 1967 Chevy Corvette Convertible for $150,000 to Mark Anderson. Anderson offered
    9·1 answer
  • You have collected data for the 50 U.S. states and estimated the following relationship between the change in the unemployment r
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!