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
liberstina [14]
3 years ago
15

"according to ted levitt, what is the definition of a product? what satisfactions do customers want?"

Business
1 answer:
netineya [11]3 years ago
4 0
<span>In analyzing Ted Levitt’s definition of a product, he claims it to be something that solves a problem, or is a tool that solves an issue for a consumer. Customers want the satisfaction that the product they purchase will both meet and exceed the expectations they have for it.</span>
You might be interested in
Assume that Tom and Mason are in the 24% marginal tax bracket and the actual before-tax cost for Tom to drive to and from work i
kicyunya [14]

The question incomplete! The complete question along with answer and explanation is provided below.

Question:

Eagle Life Insurance Company pays its employees $.30 per mile for driving their personal automobiles to and from work. The company reimburses each employee who rides the bus $100 a month for the cost of a pass. Tom, in his Mazda 2-seat Roadster, collected $100 for his automobile mileage, and Mason received $100 as reimbursement for the cost of a bus pass.

a. What are the effects of the $100 reimbursement on Tom's and Mason's gross income?

b. Assume that Tom and Mason are in the 24% marginal tax bracket and the actual before-tax cost for Tom to drive to and from work is $0.30 per mile. What are Tom's and Mason's after-tax costs of commuting to and from work?

Explanation:

a.

For Tom:

He is required to include the $100 in gross income therefore, he would have to pay after-tax cost on the reimbursement.

For Mason:

He is not required to include the $100 in gross income due to qualified transportation fringe.

b.

For Tom:

Marginal tax = 24%

The after-tax cost of commuting = 0.24*$100 = $24

The before-tax cost of commuting = $0 (since he was reimbursed)

For Mason:

The after-tax cost of commuting = $0

The before-tax cost of commuting = $0 (since he was reimbursed)

5 0
3 years ago
PLEASE HELP ME????
zalisa [80]
B is the answer a teenage requires between 7 to 8 hours sleep
6 0
3 years ago
Read 2 more answers
One advantage of preferred stock over common stock is that preferred stockholders
OleMash [197]
I believe the answer is A
6 0
3 years ago
Why don't snakes have spines?
Jlenok [28]

Answer:

snakes do have spines actually, in fact they need alot of bones, to be strong and flexible. They have hundreds of vertebrae and their spines are very long. You can even look up "snake skeleton"

4 0
3 years ago
The staff at a small company includes: 4 secretaries, 20 technicians, 4 engineers, 2 executives, and 50 factory workers. if a pe
lawyer [7]
Total staff = 4 + 20 + 4 + 2 + 50 = 80
P(Factory Worker) = 50/80 = 5/8

Answer: 5/8
8 0
3 years ago
Other questions:
  • Shelton Co. purchased a parcel of land six years ago for $877,500. At that time, the firm invested $149,000 in grading the site
    5·1 answer
  • ____________ is best defined as a statistical procedure, which involves quantitatively pooling the data from a group of independ
    15·1 answer
  • Selected transactions for Thyme Advertising Company, Inc. are listed here. Describe the effect of each transaction on assets, li
    10·1 answer
  • In economics, all of the following are included among the three main uses of money EXCEPT:
    6·2 answers
  • Which of the following is an advantage of the corporate form of business when compared to sole proprietorships and partnerships?
    5·1 answer
  • What do 'less is more 'mean in a relation to slide presentations
    15·1 answer
  • 2. Marcus Gardner is buying a new computer
    10·1 answer
  • What report shows which web pages get the most traffic and highest engagement?.
    8·1 answer
  • A six-month moving average forecast is generally better than a three-month moving average forecast if demand: Group of answer ch
    11·1 answer
  • As liv golf expands to 14 events in 2023, how much money will be available to competitors in the upcoming season?.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!