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hoa [83]
3 years ago
7

The activity, set of institutions, and processes for creating, capturing, communicating, delivering, and exchanging offerings th

at have value for customers, clients, partners, and society at large is called:__________.
Business
1 answer:
qaws [65]3 years ago
7 0

Answer:

The correct answer is Marketing (AMA Definition).

Explanation:

According to the American Marketing Association, the definition of the term is as follows: “Marketing is an activity, set of institutions and processes to create, communicate, deliver and change offers that have value for consumers, customers, associates and societies in general " .

That is, Marketing is a series of strategies, techniques and practices whose main objective is to add value to certain brands or products in order to attach greater importance to a specific target audience, consumers.

It is fooled who believes that Marketing is only intended to sell something.

This concept goes deeper into everything that involves this process, be it the production, logistics, marketing and after sales of the product / service.

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Because of competitive pressures, some firms have used packaging and labeling practices that are questionable, misleading, decep
Flauer [41]

Because of competitive pressures, some firms have used packaging and labeling practices that are questionable, misleading, deceptive, and unethical. this is an example of issues related to Ethics in product strategy.

This is further explained below.

<h3>What is competitive pressure?</h3>

Generally, In most cases, the term "competitive pressure" refers to a circumstance in which a business is put under stress as a result of the presence of other businesses in its industry.

Typical examples of it may be found in all types of economies, with the exception of monopolistic economies.

The demand and supply dynamics of a certain market or sector are very important considerations for any business.

The concept of product ethics encompasses every aspect of a product, including the decisions made about its design and the use of technology.

Therefore, you should direct your development team to make judgments that are morally acceptable while they are creating and constructing the product.

It is important to discourage immoral activities such as the employment of dark patterns and to promote the use of technology that is peaceful.

In conclusion, Some businesses, in order to remain competitive in an increasingly cutthroat market, have resorted to dubious, misleading, dishonest, and immoral packaging and labeling tactics. This is an example of a problem that arises in product strategy that relates to ethics.

Read more about competitive pressure

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8 0
2 years ago
Which of the following conflict management methods is expressed as "We should express our concerns about the conflict and sugges
Inessa [10]

Option E, the A-E-I-O-U Model  is expressed as "We should express our concerns about the conflict and suggest a solution"

<u>Explanation: </u>

The Design of Conflict Management A-E-I-O-U, The "A-E-I-O-U" approach is used to address a range of standoffs: worker-to-boss, peer-to-peer, co-founder to co-founder, and stood for recognition, expression, identification, results, and understanding. It helps customers to be conscious of confrontations.

  • A - Acknowledge: Assume that the other person is right and will resolve the dispute.
  • E - Express: Acknowledge your beneficial intention and convey your own particular concern.
  • I - Identify: Recognize what you want to do.
  • O - Outcome: People react much more favourably because they can purchase into why their acts or behaviours change.
  • U - Understanding: Mutual understanding is attained
3 0
4 years ago
Hercules Workout World gains a client who prepays $ 660 for a package of six physical training sessions. Hercules Workout World
Sergeu [11.5K]

Answer:

Service revenue of $ 440

Explanation:

When the customer prepays, the revenue is yet to be earned hence the entries required would be a debit to cash account and a credit to unearned or deferred revenue.

As the service is rendered and revenue is earned, debit the deferred revenue account and credit the revenue account with the amount earned.

Since $660 was collected for 6 training sessions

Revenue from a training session

= 1/6 × $660

= $110

After 4 training sessions, revenue earned and to be recognized in the income statement

= 4 × $110

= $440

8 0
3 years ago
Some clouds do not rain and others do because the clouds that do not rain do not have enough water in them
Alekssandra [29.7K]
That’s wise i like it
6 0
3 years ago
At green acres fencing company, eight employees each perform various aspects of the company's work. one person does sales, four
miss Akunina [59]
<span>The fact that the Green Acres Fencing company differentiate the jobs and aspects of the company's work of the employees means that this type of organization reflects Fayol's principle of division of labor. The term division of labor means </span><span>the separation of a work process into a number of tasks</span>
8 0
4 years ago
Read 2 more answers
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