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3 years ago

What is the main problem that sellers suffering from marketing myopia face?

2 answers:

8 0

The answer is "<span>They focus more on products than the customer's underlying need.".
</span>
Marketing Myopia is marketing term as it shows by its name, referred to short-sighted and inward looking way to deal with promoting that spotlights on the requirements of the organization as opposed to characterizing the organization and its items as far as the clients' needs. It brings about the inability to check and accommodates to the quick changes in their business sectors or markets.

liberstina [14]3 years ago

8 0

<span>Marketing myopia is a condition in which a seller (or business) tends to view marketing as a vehicle for selling a specific product, rather than an opportunity to fulfill the needs of a customer. The main problem with that is that while sales may be achieved in the short term, in the long run activities that are proven to continue to grow a business such as maintaining a loyal customer base that keep coming back for your products will be severely hampered. Also of importance is the fact that most industries are constantly evolving, and by locking yourself into a focus on one or two products or solutions (hence, myopia) takes away the flexibility to be adaptable to changing conditions within your particular industry.</span>

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During 2021, its first year of operations, Pave Construction provides services on account of $160,000. By the end of 2021, cash

ArbitrLikvidat [17]

Answer:

1. December 31, 2021

Dr Uncollectible amounts $12,500

Cr Allowance uncollectible amounts $12,500

2a. Dr Allowance uncollectible amounts $10,000

Cr Accoutns receivables $10,000

2b $2,500

Explanation:

1. Preparation to Record the adjusting entry for uncollectible accounts on December 31, 2021.

December 31, 2021

Dr Uncollectible amounts $12,500

Cr Allowance uncollectible amounts $12,500

[($60,000-$110,000)*25%]

(To record allowance)

2a. Preparation of the journal entry to Record the write-off of accounts receivable in 2022

Dr Allowance uncollectible amounts $10,000

Cr Accoutns receivables $10,000

(To Record the write-off of accounts receivable in 2022)

2b. Calculation to determine the balance of Allowance for Uncollectible Accounts at the end of 2022

Balance of the allowance accounts=[ 60,000-110,000)*25%] -$10,000

12,500 - 10,000 = 2,500

allowance uncollectible amounts 15,000 debit

accoutns receivables 15,000 credit

--to record write-off 2022--

8 0

3 years ago

Fred was suffering from a nasal tissue blockage that could be corrected either through an operation or with medical treatment fo

vekshin1

Answer:

The correct answer to the following question will be Option B (Moral hazard).

Explanation:

Moral hazard happens whenever one individual takes further chances as the responsibility of such consequences rests with somebody else.

Fred suffered from some kind of blockage of the nasal tissues that could have been resolved for around 2 months either by a procedure and via medical attention. Fred's doc warned him plainly the problem wasn't serious so he doesn't need an operation.
However, Fred concentrated on either the blockage becoming surgically removed, becoming mindful that his private policy would fund the full cost of this operation.

The other given options are not related to the given scenario. So that the condition outlined here could be related to the "Moral hazard" issue.

4 0

3 years ago

if keynes' law applies during economic contractions and say's law applies during economic expansion, how will the three goals of

Serhud [2]

If Keynes's law applies during economic contractions and Say's law applies during economic expansion, the way in which the three goals of macroeconomics would be affected is that: trade-offs and connections may differ in the short run and the long run.

<h3>What is macroeconomics?</h3>

Macroeconomics can be defined as a study of all the behaviors, performances, and factors that affect the entire economy. This ultimately implies that, macroeconomics typically focuses on aggregate phenomena such as the following:

Gross Domestic Product (GDP).
Inflation
Price level
Economic growth.

According to the law established by John Maynard Keynes, demand is an economic factor which creates its own supply. Additionally, the way in which the three (3) goals of macroeconomics would be affected are as follows:

Trade-offs may differ in the short run.
Connections may differ in the short run.
Connections may differ in the long run.
Trade-offs may differ in the long run.

Read more on macroeconomics here: brainly.com/question/29035217

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Complete Question:

If Keynes's law applies during economic contractions and Say's law applies during economic expansion, how will the three goals of macroeconomics be affected?

determinates of total supply for the economy will be traded-off

trade-offs and connections may differ in the short run and the long run

institutional and market structures will connect factors of production

the economy will face genuine limits to how much can be produced

5 0

1 year ago

A family eats out at a restaurant and the total for their meals is $73.89. They also pay sales tax of 5.8% and leave a tip for t

Mashcka [7]

<span>The answer is They left a 20% tip, so the service was probably above average. First step is to the amount of the sales tax. If 100% is $73.89, 5.8% will be x (tax): 100% : $73.89 = 5.8% : x. x = $73.89 * 5.8% : 100%. x = $4.28. Now, we have the price for meals, sales tax, and the total amount of money left, so we can calculate how much the tip is: $93.00 - $73.89 - $4.28 = $14.83. So, the tip is $14.83. Let represent it as percent. If $73.89 is 100%, $14.83 will be x. $73.89 : 100% = $14.83 : x. x = $14.83 * 100% : $73.89. x = 20%. So, they left a 20% tip, so the service was probably above average.</span>

4 0

4 years ago

Read 2 more answers

A. Examine any legal implications in creating a

s344n2d4d5 [400]

Answer:

gross pay

Explanation:

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4 years ago

What is the main problem that sellers suffering from marketing myopia​ face?

What is the main problem that sellers suffering from marketing myopia face?