The activities in a firm that try to identify customer needs and focus the flow of goods or services in the firm in order to meet those needs is called : Marketing
<h3>What is marketing?</h3>
Marketing refers to the process whereby firms promote and sell product or services.
Marketing involves creating awareness to determine if there are sufficient number of people with a significant income to be able to purchase the goods one wishes to sell.
Marketing includes but not limited to :
- Market research
- Product development
- Distribution method
- Advertising
- Sales
Therefore, the activities in a firm that try to identify customer needs and focus the flow of goods or services in the firm in order to meet those needs is called Marketing.
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Answer:
The amount of checks outstanding at the end of the period
Explanation:
Basically there are three types of activities:
1. Operating activities: It includes those transactions which affect the working capital, and it records transactions of cash receipts and cash payments.
2. Investing activities: It records those activities which include purchase and sale of the fixed assets
3. Financing activities: It records those activities which affect the long term liability and shareholder equity balance.
It records the sources of cash, uses of cash, changes in the cash balance, etc.
Answer:
revenue tariff
Explanation:
A revenue tariff is a tax levied on imported goods or services whose main purpose is to increase government revenue. It differs from other types of tariffs whose goal is to protect domestic products. E.g. a flat tariff levied on all types of imported goods.
Answer:
2. Sales forecasts $475,000
3. Ben needs 5 more hours
Explanation:
2.
The sales are $500,000. The trend is a 5% reduction in the current year sales figure for next year's performance.
The sales forecast for next year will be a decrease of 5% of this year sales.
next sales will be $500,000 less 5%
Therefore, the next sales forecast will be 95% of $500,000
=95/100 x $500,000
=0.95 x $500,000
=$475,000
Forecasts will be $475,000
3.
Ben requires 20 hours of continuous training.
So far, he has done 900 minutes.
900 minutes is equivalent to 900/60 hours
=15 hours.
To complete the study, Ben requires 20 hrs -15 hours
=5 more hours