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lord [1]
3 years ago
8

An organization that focuses its efforts on continuously collecting information about customers' needs, sharing this information

across departments, and using it to create customer value is said to have a:
A. put stress on the societal marketing concept.
B. have a focus on macro marketing.
C. have a non-profit orientation.
D. have a marketing orientation.
Business
1 answer:
Shtirlitz [24]3 years ago
6 0

Answer: (D) Have a marketing orientation

Explanation:

The marketing orientation is one of the type of business approach that helps in understanding the various types of information according to the customer actual needs or requirements.

The importance of the marketing orientation is that it involve the high customer satisfaction about the products and the services that is provided by an organization.

According to the given question, an organization basically focuses on the various types of efforts by collecting the data or information in the department.

Therefore, the Option (D) is correct answer.

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If annual demand is 12,000 units, the ordering cost is $6 per order, and the holding cost is $2.50 per unit per year, which of t
vredina [299]

Answer:

240 units

Explanation:

We can find Optimal order quantity easily by Optimal order quantity formula using the fixed order quantity formula  

Formula::  Optimal order quantity = \sqrt[2]{\frac{2CoD}{Ch} }

Where

Co = Ordering cost per order

D = Annual demand

Ch = Holding cost per unit

Calculations

Lets put in the values

Optimal order quantity = \sqrt[2]{\frac{2CoD}{Ch} }

Optimal order quantity = \sqrt[2]{\frac{2*6*12000}{2.5} }

Optimal order quantity = 240 units

Note: There must have been a mistake in question options the answer is 240 and closest to 240 is option B

6 0
3 years ago
Materials used by Square Yard Products Inc. in producing Division 3's product are currently purchased from outside suppliers at
BabaBlast [244]

Answer:

(1) option (d) $72,000 (2) option (a)$8,000 (3) option (c)$80,000

Explanation:

Solution

Given:

Now,

(1) The total cost to be paid to the supplier outside is given below:

= 40,000 units x $5 per unit

= $200,000

The price of transfer to be paid to Division 6 is given as:

= 40,000 units x $3.20 per = $128,000

Therefore, the increase in income from operations for Division C is  = $200,000 - $128,000  = = $72,000

(2) The income increase from operations is defined below:

Additional Sales x Contribution Per Unit

Thus,

The per unit contribution = Transfer Price – Variable Cost

= $3.20 - $3 = $0.20 per unit

Hence,

The income increase from operations for Division 6  is given as:

= 40,000 units x $0.20 per unit = $8,000  

(3) Now,

The Increase of Income from operations for Division C  and the Increase in income from operations for Division 6  becomes,

= $72,000 + $8000 = $80,000

3 0
4 years ago
Fresh Veggies, Inc. (FVI), purchases land and a warehouse for $550,000. In addition to the purchase price, FVI makes the followi
maw [93]

Answer:

Land 594,500

Explanation:

We must include all cost necessary to acquire the land and lelave it ready to use.

But, the demolition cost are associate with the old warehouse thus, as thsis asset is being destroyed It will be considered period cost, It will not be capitalized through land.

Acquisition cost    550,000

broker commission 35,000

title insurance            2,500

closing cost       <u>         7,000   </u>

Total cost               594,500

8 0
4 years ago
If a firm's marginal revenue is below its marginal cost, an increase in production will usually: a. increase profits. b. leave p
Harlamova29_29 [7]

Answer:

D. increase marginal revenue

Explanation:

If marginal revenue is less than marginal cost then they are producing too much product and need to decrease production until marginal cost and marginal revenue are equal.

6 0
3 years ago
Synergy and Dynaco are the only two firms in a specific high-tech industry. They face the following payoff matrix as they decide
Savatey [412]

Answer:

Explanation:

Synergy's Decision Large Budget Small Budget Dynaco's Decision Large Budget $20 million, $25 million $15 million, $0 Small Budget $0, $60 million $25 million, $30 million If Synergy believes

If synergy believes dynaco will go with a large budget that synergy should choose large budget

If synergy believes dynamo will go with small budget than synergy should go large budget

Therefore synergy does have dominant strategy

If Dynaco believes synergy will go with large budget than he will choose large budget and

If he belies synergy will go small budget than he will also choose small budget

Dynaco doesnot have dominant strategy

True,it has Nash equilibrium as (large budget,large budget)

7 0
3 years ago
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