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2 years ago

What is the first step for marketers in implementing the marketing concept?

Business

1 answer:

Svet_ta [14]2 years ago

3 0

Answer:

The answer is: You need to identify your market.- Who are your potential customers and what unsatisfied need do they have in common?

Explanation:

A marketing concept can be defined as: The idea/concept/philosophy that your business is going to follow in order to satisfy their customers' needs while reaching their business's goals.

The first thing you need to do is identify your target market, i.e. Who are your potential customers and what unsatisfied need do they have in common?

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Clear Colors Corporation uses a predetermined overhead rate based on direct labor costs to apply manufacturing overhead to jobs.

belka [17]

Answer:

b. $ 2,000 overapplied

Explanation:

Firstly, we need to determine the predetermined overhead rate based on direct labor costs.

Estimated total manufacturing Overhead $ 350,000

Estimated direct labour costs $ 200,000

Predetermined overhead rate $ 350,000 / $ 200,000 $ 1.75 per $ of direct labour costs.

The total manufacturing overhead applied on direct labor costs of $ 208,000, is:

$ 208,000 * $ 1.75  $ 364,000

Actual overhead costs incurred $ 362,000

Manufacturing overhead over applied $ 2,000

7 0

2 years ago

Collateralized mortgage obligation (CMO) tranche A has been created to have the most predictable near-term principal pay off. A

Mamont248 [21]

Answer: d. a lower yield

Explanation:

When a security is said to bring back predictable returns it means the security is of lower risk. A CMO tranche that has the most predictable near-term principal pay off is therefore the one with the a lower risk.

Riskier securities command higher yield than less riskier ones as a way to compensate the holder for taking on more risk. With tranche A having the lower risk, it will have a lower yield.

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2 years ago

Jones, a consulting manager of Miller & Co., is considering membership on an audit client’s board of directors. Jones does n

lord [1]

The AICPA rules would enforce that he is not allowed to join the board since he would be considered a firm professional. This would prevent a conflict of interest where he would serve as a director of a client. The AICPA is the American Institute of Certified Public Accountants.

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2 years ago

Read 2 more answers

How do I start my own business I have a concept but don't know where to get started any suggestions or help will be highly appre

Naya [18.7K]

Definitely get in touch with a facs teacher a a highschool they will reccomend how to do it for you

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2 years ago

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Eric needs help with his credit problems. Which organization is considered a good, reputable source of information on how to sol

andrey2020 [161]

The correct answer is option (b) National Foundation for Consumer Credit (US)

Credit problem solution can be provided by National Foundation for Consumer Credit (US).

<h3>What is National Foundation for Consumer Credit (US)?</h3>

A network of non-profit credit counselling groups operates nationally under the name of National Foundation for Credit Counseling (NFCC). People who have taken on too much debt can benefit from counselling in order to avoid filing for bankruptcy, which is one of the main services offered by NFCC member organisations.

If you need help with your money, contact Consumer Credit Counseling Services (CCCS), a membership organisation of regional nonprofit organisations. Consumer finance businesses, banks, credit card issuers, and other lenders all make voluntary contributions to CCCS.

Revolving credit and instalment credit are the two types of consumer credit. Revolving credit works similarly to a credit card in that the borrower is given permission to utilise a certain amount of credit whenever they need it.

To learn more about credit visit:

brainly.com/question/1475993

#SPJ13

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10 months ago