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Alla [95]
4 years ago
5

50. The marketing concept implies that the manufacturer will ________; a production orientation implies that the manufacturer wi

ll _________. Make only what it knows people will buy; try to sell whatever it decides to make. Lower the cost of production; make only what it knows people will buy. Try to sell whatever it decides to make; lower the cost of production. Make only what it knows people will buy; lower the cost of production. Lower the cost of production; try to sell whatever it decides to make.
Business
2 answers:
gregori [183]4 years ago
5 0

Answer:

Make only what it knows people will buy; try to sell whatever it decides to make.

Explanation:

The marketing concept focuses on the needs that the customers have to be able to offer what they would be willing to buy. On the other side, the production orientation is when a company focuses on the manufacturing process and would create products in which it is good at producing. According to this, the answer is that the marketing concept implies that the manufacturer will make only what it knows people will buy; a production orientation implies that the manufacturer will try to sell whatever it decides to make.

riadik2000 [5.3K]4 years ago
4 0

Answer:Make only what it knows people will buy.try to sell whatever it decides to make

Explanation:

The marketing concept is a concept of business which states that the satisfaction of,the customers want is the justification for the existence of a firm. It emphasizes that business activities should be focused towards the satisfaction of the consumers. However, The production orientation is a management orientation which assumes that consumers will favour those products which are available and affordable, and therefore, The major task of management is to pursue improved production and distribution efficiency.

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Activity-based costing uses one plantwide pool and numerous cost drivers departmental pools and a single cost driver. numerous c
kipiarov [429]

Answer:

numerous cost pools and numerous cost drivers

Explanation:

Costing is the measurement of the cost of production of goods and services by assessing the fixed costs and variable costs associated with each step of production.

In Financial accounting, one of the most widely used activity-based costing technique is the time-driven activity-based costing.

Time-driven activity-based costing (TDABC) avails business owners the opportunity of reporting their costs on an ongoing basis (real time) which give details about the various cost of doing business, as well as the time spent on them respectively.

Cost pool is simply the amount of money spent by a firm on a particular activity.

Generally, an activity-based costing uses numerous cost pools such as manufacturing cost or customer services and numerous cost drivers such as direct labor hours worked, number of changes used in engineering department, etc.

6 0
3 years ago
Henry Ford's statement, "Customers can have any color they want so long as it's black," typified the __________ era of marketing
san4es73 [151]

Option B, "Customers can have any color they want so long as it's black," typified the production-oriented era of marketing.

Explanation:

From the start of capitalist systems to the early 1950s, a production orientation company dominated the market. The prevailing attitude was to potentially sell itself a high quality product. Due to the high demand and short supply of products, this approach has worked for many companies throughout this era.

The first stage acknowledged is the production period in marketing on the presumption that customers prefer products that are accessible and affordable. This philosophy won strategic combinations of broad allocation and cost leadership.

6 0
3 years ago
Porches, Inc. sells lawn furniture. Selected financial information for the most recent year is as​ follows:Beginning merchandise
Hatshy [7]

Answer:

The operating income for the​ year is $97,000

Explanation:

For computing the operating income, first, we have to calculate the cost of goods sold. The formula to compute the cost of good sold is shown below:

= Beginning merchandise inventory + Purchases during the year - Ending merchandise inventory

= $33,200 + $92,000 - $35,000

= $90,200

Now, the operating income would be

= Sales - the cost of good sold - selling and administrative expenses

= $262,900 - $90,200 - $75,700

= $97,000

6 0
4 years ago
Kinetic Company estimates that overhead costs for the next year will be $1,600,000 for indirect labor and $400,000 for factory u
grandymaker [24]
True is the answer you are looking for
6 0
3 years ago
Which of the following would be most likely to lead to higher interest rates on all debt securities in the economy?
frutty [35]

Answer:

The correct answer is a) The economy moves from a boom to a recession

Explanation:

The fiscal policy used by the federal reserve is the use of government spending and tax policies to contract or expand the economy.

If the Federal Reserve of the United States increases the interest rates it carries a contract policy of the economy. It is used to reduce the inflation and the economy moves from a boom to a recession

4 0
3 years ago
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