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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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Consumers may be equally happy consuming different goods, though they may need to substitute more of one product in place of eac
lawyer [7]

Answer:

diminishing marginal rates of substitution.

Explanation:

Based on the information provided within the question it can be said that the principle that captures this is known as diminishing marginal rates of substitution. Like mentioned in the question this refers to the fact that a consumer chooses to replace a product instead of actually buying more. This decreases as you move down the indifference curve as shown below.

7 0
3 years ago
Schweser Satellites Inc. produces satellite earth stations that sell for $95,000 each. The firm's fixed costs, F, are $2.5 milli
AVprozaik [17]

Answer:

Schweser Satellites Inc.

The incremental profit is:

= $845,000

Explanation:

a) Data and Calculations:

Selling price of Satellite Earth Station = $95,000 each

Total sales revenue = $4,750,000 ($95,000 * 50)

Fixed costs, F = $2.5 million

Annual production and sales units = 50 units

Total profits = $500,000

Total contribution = $3 million ($2.5 m + $500,000)

Variable costs = $1,750,000 ($4,750,000 - $3,00,000)

Variable cost per unit = $35,000 ($1,750,000/50)

Assets = $4 million

Equity = $4 million

Additional assets = 4.5 million

Additional fixed operating costs = $380,000

New assets = 8.5 million

Fixed operating costs = $2.88 million

Variable cost reduction per unit = $12,000

New variable cost per unit = $23,000 ($35,000 - $12,000)

Production and sales units = 65 (50 + 15)

New selling price per unit = $88,000

Cost of equity = 16%

Tax rate = 0%

Profit under new arrangements:

Contribution per unit = $65,000 ($88,000 - $23,000)

Total contribution margin = $4,225,000 ($65,000 * 65)

Fixed operating costs =       $2,880,000

Net operating profit              $1,345,000

Incremental profit = $845,000 ($1,345,000 - $500,000)

4 0
3 years ago
Goods are typically tangible while ____ are typically intangible
Firlakuza [10]
Services are typically intangible.

8 0
3 years ago
Which of the following is NOT one of the five groups in the diffusion of innovation curve
velikii [3]
You do not have anything there cant help
5 0
3 years ago
The company's bank reconciliation at June 30 included interest earned in the amount of $150. Complete the necessary journal entr
ehidna [41]

Answer:

Given that,

Company's bank reconciliation at June 30 included interest earned = $150

So, it must be cash must be debited and interest revenue must be credited in the accounts.

Therefore, the journal entry is as follows:

Cash A/c Dr. $150

     To Interest revenue   $150

(To record the interest revenue earned)

7 0
3 years ago
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