Answer:
the capacity to provide future services or benefits.
Explanation:
Answer: Implementation of Findings and Sharing Information gathered with decision-makers to aid implementation.
Explanation:
Marketing Research is a series of steps taken in gaining a better understanding of a company's goods and services in the market field, as well as, methods that can be employed to improve the distribution and value of the product.
The series of steps involved in marketing research include; Problem Identification, Enumeration of the research goals, Research Planning and design, Data collation, Data analysis, presentation of the report, and Implementation of findings.
Ethan has just reached the concluding part of his marketing research where he now creates a report of his findings and proposes several actions.
His next step would be to take action. He should also be willing to share the information gathered from the findings with decision-makers in the organization as this would be a helpful guide to them in executing actions.
Answer:
a. $8,600
Explanation:
The cost of goods manufactured equation is the sum of the total manufacturing costs (i.e all direct materials, direct labor, and factory overhead) and the beginning work in process inventory also subtracting the ending goods in process inventory.
The total raw materials was $8600 of which $6000 was debited to work in process and $2600 was debited to manufacturing overhead. The work in process is the cost of direct materials, hence the cost of good manufactured is given as the total raw materials which is $8600
Answer:
Marketing intermediaries:
tend to increase the number of exchange relationships producers and consumers must deal with in order to buy and sell goods.
Explanation:
Marketing intermediaries, otherwise called middlemen, are independent firms whose functions are necessary in the free-flow of goods and services from producers to end-users. Some of the marketing intermediaries are agents, wholesalers and retailers. Others include marketing services agencies, physical distribution companies, and financial institutions. Without their help, there would be inefficiency in the production and distribution of goods and services, as they smoothen distribution access.