All categories

3 years ago

The definition of marketing implies that ____ should receive benefits from exchange relationships.

Business

1 answer:

mylen [45]3 years ago

4 0

Answer:

The correct answer is both customers and businesses.

Explanation:

The definition of marketing implies that both customers and businesses should receive benefits from exchange relationships.

Dr. Philip Kotler defines marketing as “the science and art of exploring, creating, and delivering value to satisfy the needs of a target market at a profit."

Marketing measures unfulfilled needs and desires. In short it includes five Ps that is product, price, place, packaging and people. All businesses carries these activities to make profit and satisfy customer to ensure future profits.

You might be interested in

city is spending $20 million on a new sewage system. The expected life of the system is 40 years, and it will have no market val

ValentinkaMS [17]

Answer:

capitalized worth = $13,475,000

Explanation:

Capitalized worth = annual worth / interest rate

annual worth = [initial outlay x discrete compounding factor (A/P, 8%, 40 periods)] - annual maintenance cost = ($20,000,000 x 0.0839) - $600,000 = $1,678,000 - $600,000 = $1,078,000
interest rate = 8%

capitalized worth = $1,078,000 / 8% = $13,475,000

Capitalized worth measures the present value of a project that should last a very long time.

6 0

3 years ago

On January 1, 2021, Bishop Company issued 6% bonds dated January 1, 2021, with a face amount of $33 million. The bonds mature in

Allisa [31]

Answer:

a. Determine the price of the bonds at January 1, 2021.

market price:

PV of face value = $33,000,000 / 1.04²⁰ = $15,060,769

PV of coupon payments = $990,000 x 13.590 (PV annuity factor, 4%, 20 periods) = $13,454,100

market price = $28,514,869

b. Prepare the journal entry to record the bond issuance by Bishop on January 1, 2021.

Dr Cash 28,514,869

Dr Discount on bonds payable 4,485,131

Cr Bonds payable 33,000,000

c. Prepare the journal entry to record interest on June 30, 2021, using the effective interest method.

amortization of bond discount = ($28,514,869 x 4%) - $990,000 = $150,595

Dr Interest expense 1,140,595

Cr Cash 990,000

Cr Discount on bonds payable 150,595

d. Prepare the journal entry to record interest on December 31, 2021, using the effective interest method.

amortization of bond discount = ($28,665,464 x 4%) - $990,000 = $156,619

Dr Interest expense 1,146,619

Cr Cash 990,000

Cr Discount on bonds payable 156,619

4 0

3 years ago

State the purpose of assets

oksano4ka [1.4K]

Answer:

Assets are reported on a company's balance sheet and are bought or created to increase a firm's value or benefit the firm's operations. An asset can be thought of as something that, in the future, can generate cash flow, reduce expenses or improve sales, regardless of whether it's manufacturing equipment or a patent.

Explanation:

Hope this helps!

3 0

3 years ago

20 3 The manager of a branch office of Banco Mexicali observed that during peak hours an average of customers arrives per hour a

Vesnalui [34]

Answer:

ydghbxdtd456789ihcze33356788uvfr/

Explanation:

up cry for ddryuhcfyy7785688333445667777888999000

5 0

2 years ago

Peg's Manicure Manor did 4,000 sets of nails in 2015 and 4,500 sets of nails in 2016. The price of a set of nails was $20 in 201

Maksim231197 [3]

Answer:

The answers are:

$80,000
$80,000

Explanation:

The nominal GDP includes all the production of final and legal products and services. The real GDP is the nominal GDP adjusted to inflation.

Peg's contribution to nominal GDP in 2015 was $80,000 (4,000 nail sets x $20 per nail set). If 2015 was the base year, in this case real GDP is the same as nominal GDP.

3 0

3 years ago

Read 2 more answers

​ The definition of marketing implies that ____ should receive benefits from exchange relationships.

The definition of marketing implies that ____ should receive benefits from exchange relationships.