Troy sells consumer electronics. He knows his customers weigh the costs versus the benefits associated with the different option
s available. He decides which products to offer and what prices to charge based on the way his customers think. Troy operates as if he were in the ________ era. A. production-oriented
B. sales-oriented
C. market-oriented
D. value-based marketing
E. retailing-oriented
Values based marketing is an approach that focuses on the consumers' values. This type of marketing approach doesn't focus on the product that a company is selling, instead it focuses on what their customers really consider important.
This is why Troy decides what goods he will sell based on what his customers think and value.
A long history with corrected blemishes shows to those viewing your credit history that you've learned to fix mistakes making you trustworthy and experienced. But when you have a short clear history they don't really know anything about you.
<span>Conversion Cost
You can call this the cost of changing the goods into buyable items . These costs are the blend of direct work costs in addition to assembling overhead expenses.
You can consider conversion costs as the assembling or generation costs important to change over crude materials into items. Communicated another way, conversion costs are a maker's item or generation costs other than the expenses of crude materials.</span>
