<h3>Hello there!</h3>
Your question asks what type of marketing is the Innovators at 3M targeting.
<h3>Answer: A). the societal marketing concept</h3>
The reason why answer choice " A). the societal marketing concept" would be the correct answer is because this scenario matches what the societal marketing concept is.
The societal marketing concept is a marketing concept that has a business promote something that targets the consumer's interests, produce products that are better than their competitors, and benefits the customers and society, increasing its welfare.
In this scenario, 3M Innovators are making scrub sponges out of agave, a plant that has sharp spikes on it. This is helping societies welfare because they're using a plant that could hurt someone, due to the fact that the plant can poke someone and cause them to bleed (it's like a cactus). This is increasing societies welfare.
Also, the consumer's are enjoying the product since it's superior. The product doesn't rust or scratch, and that is what the consumers wanted in the product, and it provided them with the interest that they had. This would bring up the consumer's welfare.
The Innovators at 3M targeted the consumers and societies interests in their product, and they completed it.
<h3>I hope this helps!</h3><h3>Best regards, MasterInvestor</h3>
Answer:
Explanation:
The journal entry is shown below:
Truck A/c Dr $4,500
To Cash A/c $4,500
(Being the truck is replaced for cash)
Since the truck is replaced so we debited the truck account and credited the cash account so that the correct posting can be done.
The replacement cost increase its useful life which is capitalized so we also debited the truck account
This is known as a Cartel
''A formal agreement between many companies to limit production and artificially increase the demand and price of their products to make more profits''
Cartels are illegal in almost every country, but that has not stopped many large companies from taking part in such activities.
They exist because it is extremely difficult to legally prove that a group of companies is acting as a Cartel.
Cartels can have a devastating long-term impact on the local and national economy.
Answer:
The city should record General Fund revenue of $494,500
Explanation:
500 000 -55000= 494 500
This is realised revenue
