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Mumz [18]
3 years ago
7

Monique bakes custom birthday cakes that she markets all over the Southwestern U.S. Her biggest concern is with efficiently prod

ucing a large number of her tasty cakes. In her opinion finding customers is a relatively minor function for her company. She believes that customers will continue to seek out her product as long as she maintains its quality and prices reasonably. Monique clearly has adopted the _____________ as a business philosophy.
A. Selling-orientation
B. Societal marketing concept-orientation
C. Production-orientation
D. Marketing-orientation
E. Relationship marketing-orientation
Business
1 answer:
pentagon [3]3 years ago
8 0

Answer:

Production Orientation

Explanation:

Monique's company follows a production orientation. Her company chooses to ignore their customer's needs and focus only on efficiently building a quality product. This type of company believes that if they can make the best 'mousetrap,' their customers will come to them.

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Joe's Juice Shop operates in a monopolistically competitive market. Joe's is currently producing where its average total cost is
mars1129 [50]

Answer:

decrease and average total cost to increase

Explanation:

Based on the information provided within the question it can be said that in this scenario we would expect Joe's output to decrease and average total cost to increase. This is mainly due to the fact that Joe's Juice Shop is in a monopolistically competitive market meaning that one company controls and dominates the entire market which will ultimately put Joe's Juice Shop out of business.

7 0
3 years ago
Read 2 more answers
The type of distribution error that involves giving average ratings to all employees is called _____. select one:
Nina [5.8K]
The answer is letter a which is central tendency. It is because this is where managers give ratings to their employees or evaluate their employees base on their performances. And usually, they provide a rating to their employees as average because of the given factors that will fall in this decision. It could be because they fall within the rage, which they had provided, having them to have average ratings.
5 0
3 years ago
Classify each item as an operating, investing, or financing activity. Assume all items involve cash unless there is information
Valentin [98]

Answer: Please refer to Explanation

Explanation:

A little introduction.

The Cash Flow Statement is divided into 3 sections being the operating, investing, or financing sections.

Operating Section

- The entries that fall under here are directly related to the provision of goods and services by the company for its consumers. They involve cash receipts from sales, payments to suppliers and taxes amongst others.

Investing Section

- This part of the Statement includes cash spent or cash generated from Investment activities such as the purchase of other company stocks or bonds and the cash entries related to Fixed assets.

Financing Section

- This section has to do with the entries related to how the company is funded and include shares, bonds and dividends.

Classifying the Above therefore we have,

a) Purchase of equipment. INVESTING ACTIVITY.

(b) Sale of building. INVESTING ACTIVITY.

(c) Redemption of bonds. FINANCING ACTIVITY.

(d) Cash received from sale of goods. OPERATING ACTIVITY.

(e) Payment of dividends. FINANCING ACTIVITY.

(f) Issuance of capital stock. FINANCING ACTIVITY.

If you need any further clarification do comment. Cheers.

5 0
4 years ago
2. Give three (3)<br>importance of<br>Entrepreneurship to<br>the economy.​
Firlakuza [10]

Answer:

See below

Explanation:

1. Entrepreneurs Add to National Income

Entrepreneurship creates new businesses that focus on making profits. These ventures employ people who earn directly or indirectly from them. The new incomes add to a country's GDP. Consequently, the government collects higher revenues through taxation, which it uses for national development.

2. Entrepreneurs Create Social Change

Though innovations and creativity, entrepreneurs introduce new products and services and easier ways of doing things that improve life's quality. For example, the advancement of internet technology has created many job opportunities while still making it possible for others to work and earn a living remotely.

3. Community Development

Through Corporate social responsibility programs, entrepreneurs play a significant role in community development.  Corporates globally have funded projects that provide communities with essential services: water projects, schools, hospitals, and clean environments that have been financed by entrepreneurs.

4 0
3 years ago
Suppose that Jack makes an offer to sell the restaurant on July 10th. Hal and Sophia decide to think it over. On July 15th they
Anon25 [30]

Answer:

D) Yes, a valid contract was formed on July 15th when the letter of acceptance was sent.

Explanation:

Legal CONTRACT: An arrangement between two parties to provide a goods or services that is statute, written or verbal contract enforceable by law.

Basics for a valid contract: 1.Free Parties approval. 2.The legal review i.e. there must be legitimate approval

3 0
3 years ago
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