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Rzqust [24]
3 years ago
6

When implementing the marketing concept, which of the following is the first step in this process?

Business
1 answer:
Inessa05 [86]3 years ago
5 0

The correct answer would be option B, Determine the needs of the customer.

When implementing the marketing concept, Determining the needs of the customer is the first step in this process.

Explanation:

A marketing concept is basically a philosophy. This philosophy emphasizes on analyzing the needs and demands of the customers and then developing plans and making decisions to fulfill and satisfy those needs and demands of the customers.

According to this concept, it is better to satisfy the customers' needs according to the their demands, rather than engaging in competition with other companies in the market and putting the customers at the second place.

If a company is able to understand the customers' needs, it will be better able to satisfy their demands and will generate happy and loyal customers.

Learn more about Marketing Concept at:

brainly.com/question/8233043

#LearnWithBrainly

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The major classifications of activities reported in the statement of cash flows are operating, investing, and financing. Classif
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Answer: Your question is incomplete, as you omitted the transactions which i will add for you in the Explanation Section.

Explanation:

The transactions are as follows with the corresponding activities

(a) Issuance of common stock. ------Financing Activity

(b) Purchase of land and building----- Investing Activity

(c) Redemption of bonds------ Financing Activity

(d) Sale of equipment. ------Investing Activity

(e) Depreciation of machinery----Operating Activity-Add to Net Income

(f) Amortization of patent.-----Operating Activity-Add to Net Income

(g) Issuance of bonds for plant assets.----Reported as Significant Non-cash Activity

(h) Payment of cash dividends. -------Financing Activity

(i) Exchange of furniture for office equipment. -------Reported as Significant Non-cash Activity

(j) Purchase of treasury stock. ------Financing Activity

(k) Loss on sale of equipment. -------Operating Activity-Add to Net Income

(l) Increase in accounts receivable during the year.------Operating Activity-Deduct from Net Income

(m) Decrease in accounts payable during the year.------Operating Activity-Deduct from Net Income

6 0
3 years ago
Olde Shoppe has the following information at August​ 31: times Two deposits made on August 31 were not on the bank​ statement, t
hichkok12 [17]

Answer:

balance after reconciliation 13,684 dollars

Explanation:

Bank Statement balance:    10,740

deposit in transit:                5,300

outstanding checks           (2,356)

Adjusted balance              13,684

Cash Account:                     11,697

EFT collected                       2,820

missing check                        (443)

bank charge                             (90)

NSF                                          (300)

Adjusted balance:               13,684

We adjust the bank statemnt for the deposit in transit and outstading check as the bank is unware of these.

The cash blaance account is adjsuted for the collection and fees ofthe bank. a mistake we could made (like missing a check) and the NSF as the company assume it was collected when it wasn't, so the company has less cash.

4 0
3 years ago
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padilas [110]

Answer:

Consider the following calculations

Explanation:

1. No price discrimination.The shop is not charging different price for different quantities.

2. Price discrimination as only last minute tickets can be purchased as a discounted price and are only for seats not to be sold at the performance day.

3 0
4 years ago
An enhancing qualitative characteristic of accounting information that refers to the financial statement users' ability to utili
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Answer: Comparability

Explanation:

Comparability describes information that is measured and reported in a similar manner for different companies. It helps users understand the real similarities and differences in economic activities between companies.

6 0
3 years ago
When preparing to lift a patient you should assess the patient assessed environment get the necessary blank and help you need an
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Are there any choices? (multiple choice, word bank, etc.)

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