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Ad libitum [116K]
3 years ago
12

________ is the art and science of choosing target markets and getting, keeping, and growing customers through creating, deliver

ing, and communicating superior custome value.
Business
2 answers:
pav-90 [236]3 years ago
5 0

Answer:

Marketing management.

Explanation:

Marketing management is defined as the process by which conception is implemented, promotion and distribution of ideas, goods and services aimed at satisfying organisational objectives.

It focuses on application of marketing orientation and techniques in an organisation, and management of a firm's marketing resources and activities.

Marketing management involves use or research by marketers for market analysis. Some of the research methods used are qualitative market research, quantitative market research, experimental techniques, and observational techniques.

frutty [35]3 years ago
5 0

Answer: Marketing management

Explanation: The purpose of marketing is to create and keep customers. Marketing involves the sales and advertisements of products or services, the analysis of consumer needs, including information needed to design and produce goods and services that match buyer expectations, creating and maintaining cordial relationships with customers and suppliers etc. Therefore, marketing management is considered to be the art and science of choosing target markets and building profitable relationships with them.

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Suppose quantity demanded is 2,000 when price is $10 and 3,000 when price is $5. If a monopolist who was initially charging a pr
Pavel [41]

Answer:

$25,000 by charging consumers with more elastic demand only $5 and keeping the price for consumers with less elastic demand at $10

Explanation:

Price discrimination refers to the differentiation in the price of the product for every consumer that means the company charged different prices from the different customers

Also, in this it charges from the consumers having more elastic demand at less price. Here 2,000 units are purchased at $10 and the 1,000 units are purchased at $5 so the total quantity demanded is 3,000

The 25,000 units come from

= 2,000 ($10) + 1,000 ($5)

= 20,000 + 5,000

= 25,000

7 0
3 years ago
The consistency between test items or problems and the kinds of situations or problems that occur in a job is known as _____.
valentina_108 [34]
What is the answer please

3 0
3 years ago
As prosperity and economic development rise, ________ increases as well.
crimeas [40]
As prosperity and economic development rise, individualism increases as well.

Individualism refers to the freedom of someones actions. If the economy is doing well and someone has more money, they are more likely to spend their money freely. The person has moral worth as an individual. 
4 0
4 years ago
Problem 10-3A On January 1, 2017, Evers Company purchased the following two machines for use in its production process.
timofeeve [1]

Answer:

Please see the solution below:

Explanation:

Machine A:

<em>(i) Total </em>Machine A<em> Cost </em>

Purchase Price = $37,500

Sales Tax = $3,600

Shipping Cost = $100

Insurance during shipping = $50

Installation and Testing Cost = $120

Total Machine A cost = $41,370

<em>(ii) Depreciation </em>

Recorded Cost = $41,370

Less: Salvage Value = $5,950

Useful Life = 5 years

Straight Line Method is used to find depreciation per yer will be:

Depreciation = $7,084

(1) The Journal Entry to record purchase of equipment (Machine A)

<em>January 1, 2017 </em>

Dr. Equipment $41,370

Cr. Cash $41,370

(2) The Journal Entry to record annual depreciation (Machine A)

<em>December 3, 2017 </em>

Dr. Depreciation $7,084

Cr. Accumulated Depreciation - Equipment $7,084

7 0
3 years ago
For many firms, the cheapest and most important source of equity capital is in the form of:_________.
Anarel [89]

Answer:

C - Retained Earnings

Explanation:

Retained earnings are  the cheapest source of equity capital for the following under listed points:

No costs of issuance of a new security in terms of underwriters' fees are required.

It is readily available, it would take days for the company to have access to the right amount of funding

The risk of under subscription where shares rolled for subscription are not subscribed in full is nip in the bud

4 0
3 years ago
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