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kompoz [17]
3 years ago
9

During the 1920s, competition increased and businesspeople realized they had to do more than just focus on manufacturing, which

led to the ____ orientation.
Business
1 answer:
Veseljchak [2.6K]3 years ago
8 0

Answer:

sales

Explanation:

The Sales Era of Marketing (1920s - 1940s) was a result of increasing competition among manufacturers. Before, companies would sell what they could produce, the customers' needs were secondary. As competition increased, many companies decided to focus on marketing and sales techniques.

Companies tried to use persuasion to convince customers to buy the products that they manufactured, even though no one really cared about the needs of the customers themselves. The price was all that mattered in the sales era, the quality of the products and customer satisfaction were not important.

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Using the money demand and money supply model, an open market purchase of Treasury securities by the Federal Reserve would cause
alexandr1967 [171]

Answer:

C. decrease

Explanation:

In the case when the money demand and the money supply model is used so the open market purchase would result the interest rate of equilibrium to decrease as if there is an open market purchase so it rise the money supply due to which the supply curve of the money move shiftward

Therefore the rate of interest should be decreased

6 0
3 years ago
Which is an important industry in Argentina? aerospace ship building railroad motor vehicles
daser333 [38]
The answer is motor vehicles industry

Argentine is one of the  major motor Auto parts manufacturer in the world. Argentine has manufactured more then 50 Brands of automobiles, and in this country, Almost 10 % of its Gross industrial value came from Automotif Industries
6 0
3 years ago
Read 2 more answers
Is the following scenario a partnership? Ghost-writing a text book for an author and splitting profits equally.
GalinKa [24]

Answer: no

Explanation:

5 0
3 years ago
Mass customization is ______. Group of answer choices the redesign of components found to be faulty in earlier versions of a pro
Xelga [282]

Answer:

production of individually customized products

Explanation:

Mass customization can be described as when a company produces and delivers market goods and services that are suited to meet the needs of individual customers

It combines the benefit of low cost associated with mass production with the customization of goods.

An example of a product that is mass customized is the mobile phone. A mobile phone is mass produced but due to its software, users are able to modify or customize their phone to suit their needs

Types of Mass customization

  1. Collaborative customization:  In this type of Mass customization, customers and the company work together to create a good or service that meets the unique needs of the consumer.  
  2. Adaptive customization: the good or service created can be further customized by the consumer to suit their needs.  
  3. Transparent customization: unique products are made for each consumer .  
  4. Cosmetic customization: different types of standardized products are made for various groups of customers.

Advantages of Mass customization

  1. Customer satisfaction increases
  2. Goods are produced at lower costs

Disadvantages of Mass customization

  1. It would be difficult for the company to build up stock ahead of time due to the unique needs of the customers
  2. there would be an increased wait time from the time the order is made till when it is delivered
5 0
2 years ago
Recall our example of an investment of $100,000 in research that yields a pioneering invention that has no commercial value, and
maria [59]

Answer:

Firm A is uniquely situated to the pioneering research and firm B is uniquely situated to application development. There are significant differences arising from broad patent law and narrow patent law. Firm A conducting pioneering research and Firm B conducting development application in this situation the incentive problem is solved when transaction cost is zero. When the transaction cost is zero the breadth of the patent will not matter to the economic efficiency So long as the can bargain with each other. The bargain between inventors is cost-less and makes efficient contracts.

When the transaction cost obstructs the bargaining between the suppliers of pioneering research of and development of application problem arises. The solutions to the problem are lubricating bargaining and allocate rights to the firm who values the most.

Patent protection for the pioneering inventions should be broader for the little standalone value. In contrast patent protection for pioneering invention should be narrower for large standalone value.

Hence the above difference lies in investment from broader patent law and that of the narrower patent law.

4 0
3 years ago
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