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grigory [225]
3 years ago
8

The marketing concept works for nonprofit organizations such as colleges and hospitals as well as for businesses whose goal is t

o make a profit. True or false?
Business
1 answer:
vodomira [7]3 years ago
5 0

Answer:

<u>True.</u>

Explanation:

The concept of marketing can be defined as a set of strategic tools used for the development of an organization through the variables product, price, place and promotion.

Therefore marketing is used by both for-profit and non-profit companies as its primary purpose is to help the organization develop and achieve positive results.

In non-profit companies, Social Marketing is practiced, an expanding concept in the world, whose objectives are to attract sufficient resources and convert them into products and services that can be distributed to the consumer public for the non-profit institution to be successful.

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A skill you will use in your writing, way of thinking, evaluating conversations, and in daily encounters with others is?
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A skill you will use in your writing, way of thinking, evaluating conversations, and in daily encounters with others is communication skill.

Communication is the act of transferring information from one place to another. It can be done vocally i.e by using voice, written by using printed or digital media such as books, magazines, websites and  emails, visually by using logos, maps, charts or graphs or can be non-verbally by using body language, gestures and the tone and pitch of voice.

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2 years ago
At the cost-minimizing combination of factors: Select one: a. the MPP of all factors will be equal b. the MFC of all factors wil
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D) the ratio of MPP to factor price will be the same for all factors

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The ratio of marginal physical product (MPP) is calculated by dividing the change in total physical output by change in variable input.

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