Marketing is<u> business</u>. satisfying customers at a profit the business function that identifies customers and their needs and wants product, place, promotion, and price all of the above.
Marketing is the process of researching, creating, and offering value to meet the needs of a target market for goods and services. May include target group selection. Choose specific attributes or topics to highlight in your ad. conduct advertising campaigns; participate in trade fairs and public events; Buyer-friendly product and packaging design.
Defining terms and conditions of sale such as prices, discounts, warranties, and return policies. Posting products to the media or to individuals who are believed to influence the buying habits of others.
Agreements with retailers, wholesalers, or resellers; seeking to generate brand awareness, loyalty, and positive sentiment; Marketing is usually done by the seller, usually a retailer or manufacturer. Tasks may also be assigned to special marketing companies or advertising agencies.
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Answer
The answer and procedures of the exercise are attached in the 2 images below.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a 2 sheets with the formulas indications.
Answer:
D. Providing value to customers
Explanation:
The marketing concept is the philosophy that firms should analyze the needs of their customers and then make decisions to satisfy those needs, better than the competition. Today most firms have adopted the marketing concept, but this has not always been the case.
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Answer:
$254,100
Explanation:
The computation of the cost of direct materials used in production is shown below:
= Direct materials purchased + Beginning raw materials inventory - Ending raw materials inventory - Indirect materials requisitioned and used
= $254,000 + $12,000 - $7,900 - $4,000
= $254,100
Hence, all the other information is not considered. Therefore, ignored it
Answer:
B) $5.860.53
Explanation:
The computation of the future value is shown below:
= Principal amount × (1 + rate of interest)^number of years
= $5,500 × (1 + 0.016)^4
= $5,500 × 1.016^4
= $5.860.53
Hence, the second option is correct
