Marketing benefits the organization, its stakeholders, and society at large by <u>creating, communicating, delivering, and exchanging</u> offerings that have value for customers.
<h3>What is marketing?</h3>
Marketing is a process filled with many activities to ensure customer value and organizational profitability.
Marketing involves the following marketing mix:
- Product
- Price
- Place
- Promotion.
Marketing does not start with advertising or creating awareness of a product or service in the mind of customers. It begins with product design, production, and delivery, and ends with customer service.
Thus, marketing creates, communicates, delivers, and exchanges offerings to benefit the customers, the organization, and other stakeholders.
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Answer:
The correct answer is letter "C": Hispanic Americans.
Explanation:
Hispanic Americans represent the second largest ethnic group in the United States with 52 million people according to the U.S. Census Bureau (2010), which is 16.7% of the total population. Hispanic Americans are the largest group using mobile devices for different purposes that go from banking to streaming services. It is estimated that around 47 million of them are U.S. citizens.
In such a scenario, <em>mobile carriers such as Sprint, AT&T or U.S. Cellular should focus on how to provide them with services that attract Hispanic Americans' attention so those companies can boost their sales.</em>
Answer:
-3
Explanation:
PED= change in quantity demanded /change in price
Answer:
a short-run decision because the number of aircraft is held constant while the labor input is changed.
Explanation:
In the short run, at least one variable or factor of production is fixed and cannot be changed. In the long run, all factors of production can be changed.
In this case, the number of aircraft is the fixed factor of production (capital) while labor is variable because more pilots can be hired. Regulation state that pilots must rest a certain amount of time in between flights, so if you want to increase the amount of flights you need to hire more pilots and cabin crews since regulations do not require planes to rest.
Answer: C. P&G faces a stiff rivalry with Hindustan Unilever in India, which is the market leader in consumer goods.
