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2 years ago

A market orientation refers to:__________

Business

1 answer:

attashe74 [19]2 years ago

7 0

Answer:

The answer is D) A market orientation refers to the orientation of 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.

Explanation:

The philosophy of market orientation is concerned with crating value that meets the needs of customers.

A company that applies market orientation in their approach and processes seeks ways to identify the needs of customers, they study these wants, find our how well their competitors are meeting them and then create innovative value with a competitive edge that will sell easily.

The design and packaging of these customer orientated goods and services is meant to be cost effective for the sake of maximizing profit.

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John Hamilton narrowed $500.000 from stone creek bank to open a new restaurant called sauce it up. John transferred $450,000 of

Ksenya-84 [330]

Answer:

C) three reporting entities

Explanation:

A reporting entity is the same as an accounting entity, and it refers to a business or individual that must keep ts own accounting records. The entity must engage in separate activities and have separate obligations than other entities.

In this case:

the Stone Creek Bank is one entity that borrowed $500,000
John Hamilton is another entity because he borrowed money from the bank and is responsible for paying it back
Sauce It Up restaurant is another entity that was created by John Hamilton, and received $450,000

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2 years ago

Rediger Inc., a manufacturing Corporation, has provided the following data for the month of June. The balance in the Work in Pro

blsea [12.9K]

Answer:

$160,600

Explanation:

The computation of the cost of goods manufactured is shown below:

= Direct material cost + direct labor cost + manufacturing cost applied + beginning work in process - ending work in process

= $58,600 + $33,400 + $54,600 + $40,000 - $26,000

= $160,600

Hence, the cost of goods manufactured for June is $160,600

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2 years ago

A computer-based materials management system that calculates the exact __________, ___________, and ____________ _______for suba

timama [110]

Answer:

Material requirements planning

Explanation: This is defined as the detailed planning process for components and parts to support the master production scheme

A computer-based materials management system that calculates the exact quantities, need dates, and planned order releases for subassemblies, component part and materials required to manufacture a final product

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2 years ago

Alternative price indexes Because there isn't one single measure of inflation, the government and researchers use a variety of m

anygoal [31]

Group of answer choices.

A) value of all foods and services produced in the economy this year.

B) bought by consumers.

C) value of all goods and services produced in the economy this year.

D) the base year's prices.

E) this year's prices.

Answer:

Find answers below.

Explanation:

Gross Domestic Products (GDP) is a measure of the total market value of all finished goods and services made within a country during a specific period.

Simply stated, GDP is a measure of the total income of all individuals in an economy and the total expenses incurred on the economy's output of goods and services in a particular country. The Gross Domestic Products (GDP) of a country's economy gives an insight to it's social well-being, these includes;

Real gross domestic product (Real GDP) may be adjusted for price level changes using a price index. This simply means, it is adjusted for inflation to measure the value of goods and services produced by a country in a specific period of time.

Mathematically, $Real GDP = \frac {Nominal GDP}{GDP deflator}$

1. The GDP deflator for this year is calculated by dividing the value of all goods and services produced in the economy this year using this year's prices by the value of all foods and services produced in the economy this year using the base year's prices and multiplying by 100.

However, the CPI reflects only the prices of all goods and services bought by consumers.

2. CPI: A decrease in the price of a Treewood handsaw, a popular chainsaw manufactured by Harvestwood Equipment in Bottleneck Springs, Arkansas.

3. GDP Deflator: An increase in the price of a Chinese-made phone that is popular among U.S. consumers.

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2 years ago

The elasticity of demand: measures how far the demand curve shifts from a change in price. tells us how responsive consumer purc

adell [148]

Hello there my son! it measures how far the demand curve shifts from a change in price!

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2 years ago