1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
emmainna [20.7K]
3 years ago
15

The idea that a company should attempt to satisfy its customers needs while at the same time try to achieve its own objectives i

s known as:_______.
Business
1 answer:
Phoenix [80]3 years ago
8 0

Answer:

Marketing concept

Explanation:

Marketing concept is the concept or the strategy which the firms or business follow or implement or execute in order to satisfy or fulfil the needs of the customers or consumers, so that firm could increase their sales, maximize the profit and also beat the competition.

Therefore, the idea that the company need to attempt for satisfying the needs of the customers and at the same try to accomplish its own objectives as well, is called as the marketing concept.

You might be interested in
In 2010, real GDP was $13.2 trillion and nominal GDP was $14.6 trillion. What was the GDP deflator for that year?a. 9.6% lower b
serg [7]

Answer:

d. 10.6% higher

Explanation:

Given that;

Real GDP = $13.2 trillion

Nominal GDP = $14.6 trillion

GDP deflator = (Nominal GDP/Real GDP)× 100)

Hence,

GDP deflator = (14.6 / 13.2 ) × 100

GDP deflator = 110.6%

Thus,

= 110.6 - 100

= 10.6% higher

5 0
3 years ago
In Crane Company, land decreased $154000 because of a cash sale for $154000, the equipment account increased $55000 as a result
Naya [18.7K]

Option (B) The net cash provided by investing activities is $99000 is correct.

<h3>What is net cash?</h3>
  • On a company's financial statements, net cash is a sum that is given.
  • It is determined by deducting a company's total cash from its total liabilities.
  • When assessing the cash flows of a corporation, the net cash figure is frequently utilized.
<h3>What is cash flow?</h3>
  • The net balance of money coming into and going out of a business at a particular period is referred to as cash flow.
  • A firm constantly receives and expends cash.
  • For instance, when a retailer buys merchandise, money leaves the company and goes to its suppliers.
<h3>Calculation of Net cash provided by investing activities:</h3>

Net cash provided by investing activities = land ($154000 cash inflow) - equipment purchase ($55000 cash outflow) = $99000

Hence, The net cash provided by investing activities is $99000.

Learn more about cash flow here:

brainly.com/question/18301012

#SPJ4

5 0
2 years ago
In 2003 the presidents of the african countries of mali and burkina faso requested that rich countries apply free trade rules to
777dan777 [17]
In 2003 the presidents of the African countries of Mali and Burkina Faso <span>requested that rich countries apply free trade rules to those products where poor countries have a proven competitive advantage.</span><span>
</span>
5 0
3 years ago
Which one of the following account groups normally has a credit​ balance? A. equity and assets B. assets and liabilities C. asse
andrezito [222]

Answer:

a) Assets and expenses

Explanation:

Credit balance can be regarded as amount that is been owed by a business to a customer. This occur when the payment by the customer to the business exceed the current invoice stipulates. credit balances can be located or found at right side of a subsidiary ledger account, it can be found on right side of a general ledger account. credit balance that is contained on billing statement of the customers can be regarded as amount that card issuer is owing the customer.

It should be noted that one if account groups that is normally has a credit​ balance is Assets and expenses

4 0
3 years ago
The first cash flow at the end of Week 1 is $100, the second cash flow at the end of Month 2 is $100, and the third cash flow at
viva [34]

This cash flow pattern is a(n) uneven type of cash flow.

<h3><u>Explanation:</u></h3>

Any range of cash flows that don’t agree to the description of an annuity is supposed to be an uneven cash flow stream. For case, a range such as $100, $100, $100 would be deemed an uneven cash flow stream. A large dimension of assets causes uneven or irregular cash flow, causing the method of their valuation cumbersome.

Principle of Value Additivity is very frequently valuable for explaining the estimation of the present or future value of uneven cash flow streams, especially if the cash flows follow some identifiable pattern (such as various progressive annuities).

6 0
3 years ago
Other questions:
  • Explain why it is important to study your industry before developing<br> a business concept.
    14·1 answer
  • The salary foregone by a person who quits a job to start a business is an example of a(n) ________. Select one: A. depreciable c
    15·2 answers
  • Jeanine Baker makes floral arrangements. She has 18 different cut flowers and plans to use 7 of them. How many different selecti
    14·1 answer
  • The process of putting strategy into action is known as:_________a. Environmental analysis.b. Strategy formulation.c. Strategic
    14·1 answer
  • An individual investor who wishes to borrow money to buy stocks must open a A) signature account. B) margin account. C) joint ac
    15·1 answer
  • A trader who places an order to sell 100 shares of abc at $68 when the market of price of abc stock is at $64 has placed a(n) __
    7·1 answer
  • Which of the following is an application of​ conservatism? A. reporting inventory at the lower of cost or market B. using the sa
    13·1 answer
  • Farr Company purchased a new van for floral deliveries on January 1, 2020. The van cost $56,000 with an estimated life of 5 year
    12·1 answer
  • 1. I Co. recently began production of a new product, an electric clock, which required the investment of
    8·1 answer
  • irs guidelines require specific information to substantiate deductible automobile expenses. which 3 items are included in the su
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!