Answer:
Marketing is the process of getting the right goods or services or ideas to the right people at the right place, time, and price, using the right promotion techniques and utilizing the appropriate people to provide the customer service associated with those goods, services, or ideas. This concept is referred to as the “right” principle and is the basis of all marketing strategy. We can say that marketing is finding out the needs and wants of potential buyers (whether organizations or consumers) and then providing goods and services that meet or exceed the expectations of those buyers. Marketing is about creating exchanges. An exchange takes place when two parties give something of value to each other to satisfy their respective needs or wants. In a typical exchange, a consumer trades money for a good or service. In some exchanges, nonmonetary things are exchanged, such as when a person who volunteers for the company charity receives a T-shirt in exchange for time spent. One common misconception is that some people see no difference between marketing and sales. They are two different things that are both part of a company’s strategy. Sales incorporates actually selling the company’s products or service to its customers, while marketing is the process of communicating the value of a product or service to customers so that the product or service sells.
Answer:
Sales= $3,000,000
Explanation:
Giving the following information:
It expects to sell 10,000 mattresses in the current year and had 1,000 mattresses in finished goods inventory at the end of the previous year. Armando would like to complete operations in the current year with at least 1,250 completed mattresses in inventory. There is no ending work-in-process inventory. The mattresses sell for $300 each.
Production:
Sales= 10,000
Ending inventory= 1,250
Beginning inventory= (1,000)
Total= 10,250
Sales= 10,000*300= $3,000,000
Answer:
AFC = 
MC = 
TC
AVC = 
AC = 
Explanation:
The cost function is given as 
.
The fixed cost here is 9, it will not be affected by the level of output.
The variable cost is 
.
AFC = 
MC = TC
MC =
MC = 2q
AVC =
AVC = 
AVC = q
AC =
AC = ![\frac{[tex]C=9+q^{2}](https://tex.z-dn.net/?f=%5Cfrac%7B%5Btex%5DC%3D9%2Bq%5E%7B2%7D)
}{q}[/tex]
AC = 
Base on the scenario, the email metric that you can ignore
after your boss asked you to do some reporting in your email performance last
quarter is the industry average. The industry average are used in means of
having to create components financially when it comes to business plan.
