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disa [49]
3 years ago
6

Which marketing management philosophy focuses on the question, "What can we make or do best?"

Business
1 answer:
Finger [1]3 years ago
5 0

Answer: Option A

Explanation: Production philosophy is one of the oldest philosophies of marketing management. As per this philosophy, the consumers will consume a product that is inexpensive and is available to them easily.

Thus, this philosophy focus highly on the internal capabilities of the producer like what can he make best? How the production cost can be decreased? etc.

Thus, from the above we can conclude that the right option is A.

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All of the following are true about health insurance except:
Nataly_w [17]

The option that's not true about health insurance is that A. People with health insurance can skip lines in emergency rooms.

<h3>What is health insurance?</h3>

It should be noted that health insurance is a contract that requires a company to pay healthcare costs in exchange for a premium.

In this case, the option that's not true about health insurance is people with health insurance can skip lines in emergency rooms.

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<u>Complete question:</u>

All of the following are true about health insurance except:

a. People with health insurance can skip lines in emergency rooms

b. Health insurance protects you financially from medical emergencies.

c. Health insurance lowers your risk of acquiring medical debt.

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5 0
2 years ago
Which of the following descriptions are not correct for a push system? (1). There is no clear visibility between processes (2).
ohaa [14]

Answer:

The correct answer is (2)The workers on shop floor lack the autonomy to stop the manufacturing on their own initiative.

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The company operates on a push system, where products are made and inventory built up based on best-guess forecasts.

The push system of inventory control involves forecasting inventory needs to meet customer demand. Companies must predict which products customers will purchase along with determining what quantity of goods will be purchased.

So,  from the given options, the correct answer is (2)The workers on shop floor lack the autonomy to stop the manufacturing on their own initiative

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egoroff_w [7]

Answer:

The correct answer is to be similar in terms of the behavior of consumption.

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Market segmentation is the term which is defined as the classification of the prospective groups of consumer as per the needs as well as requirements and their tendency for generating the similar or alike response to a specific action of marketing.

It is the strategy which is useful in the business which might segment or divide the homogeneous consumer market to a proportion of sizeable and into a more defined segments or groups.

So, in order to acknowledge the market segment, the group members need to be similar in terms of the behavior of consumption.

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4 years ago
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