A market orientation refers to:__________

Business

1 answer:

attashe74 [19]3 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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Bulluck Corporation makes a product with the following standard costs: Standard Quantity or Hours Standard Price or Rate Direct

avanturin [10]

Answer:

Variable overhead efficiency variance= $544 favorable

Explanation:

Giving the following information:

Variable overhead 0.90 hours $ 3.40 per hour

Actual output 4,400 units

Actual direct labor-hours 3,800 hours

<u>To calculate the variable overhead efficiency variance, we need to use the following formula:</u>

<u></u>

Variable overhead efficiency variance= (Standard Quantity - Actual Quantity)*Standard rate

Variable overhead efficiency variance= (3,960 - 3,800)*3.4

Variable overhead efficiency variance= $544 favorable

Standard quantity= 4,400*0.9= 3,960

8 0

3 years ago

Lorinda has started to think about saving for retirement. She reads a recommendation that says she should save at least 3/10 of

Bumek [7]

Answer:

$\large\boxed{\large\boxed{\$ 13,200}}$

Explanation:

This is an algebra question about fractions.

You need to find 3/10 of the income, and the income is $44,000.

You must muliply the fraction 3/10 by the $44,000 income.

To multily one fraction by a whole number you convert the whole number to a fraction with denominator 1. Then multiply numerator with numerator and denominator with denominator. This is how:

$\dfrac{3}{10}\times \dfrac{\$ 44,000}{1}=\dfrac{3\times \$ 44,000}{10}=\\\\\\=\dfrac{\$ 132,000}{10}=\$ 13,200$