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3 years ago

Which of the following is NOT one of the six marketing fundamentals?

Business

1 answer:

irina1246 [14]3 years ago

5 0

Answer:

b. the goal of marketing is to set the price

Explanation:

6 fundamentals of marketing includes: satisfaction of customers needs or demands, continuous nature of marketing, sequential steps in marketing, key role of marketing research, interdependence of hospitality and travel organizations, organization-wide and multi department effort.

The goal of marketing has to to be the satisfaction of customers and the captured value from customers and business relationship.

Plan about price has to be set, adjusted based on the changes and requirements of customers' needs and wants.

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On January 1, 2020, Sunland Company purchased land for an office site by paying $2680000 cash. Sunland began construction on the

SIZIF [17.4K]

Answer:

Sunland Company

The amount of interest cost to be capitalized during 2020 is:

= $948,000.

Explanation:

a) Data and Calculations:

Cost of purchased land = $2,680,000

Construction expenditures:

Date Expenditures:

January 1, 2020 $ 1,780,000

April 1, 2020 2,530,000

May 1, 2020 4,490,000

June 1, 2020 4,720,000

Total expenditure $13,520,000

Weighted-average accumulated expenditures = $4,300,000

Debts:

January 1, 2020, 9%, 3-year note payable = $3,650,000

January 1, 2020, 12%, 6-year note payable balance = $1,400,000

Interests capitalization:

Weighted-average accumulated expenditures = $451,500 ($4,300,000 * 10.5%)

3-year note payable = $328,500 ($3,650,000 * 9%)

6-year note payable balance = $168,000 ($1,400,000 * 12%)

Total interest to be capitalized = $948,000

8 0

3 years ago

For example, an increase in the money supply, areal variable, will cause the price level, anominal variable, to increase but wil

lord [1]

Answer:

The answer would be neutrality of money theory

Explanation:

The neutrality of money theory claims that changes in the money supply affect the prices of goods, services, and wages but not overall economic productivity. Many of today's economists believe the theory is still applicable, at least over the long run.

3 0

3 years ago

One reason you should drive slowly around farm vehicles is:

murzikaleks [220]

Typical farm vehicles go slower and are expensive so you must drive slowly to make sure you don't run into it as Well as be polite

5 0

3 years ago

Read 2 more answers

Joy is taking out a car loan which she will pay back with interest. Which option will require her to pay the lowest amount in in

garri49 [273]

Unless the bankers are serious money moochers, the lowest interest (In Total Amount) will be:
C. Daily Compound
This is the most likely because the more time you take to pay your debt the more you have to pay in interest.

5 0

3 years ago

A shift in the demand curve for pretzels increases the price of pretzels from $1.25 to $1.75 and its quantity demanded from 30 m

Sever21 [200]

Initial price, P₀ = $1.25
Initial demand, Q₀ = 30 million

New price, P₁ = $1.75
New demand, Q₁ = 35 million

By definition, price elasticity is
$\eta = \frac{(Q_{1}-Q_{0})/(Q_{1}+Q_{0})}{(P_{1}-P_{0})/(P_{1}+P_{0})}$
η = (5/65)/(0.5/3)
= 0.4615

Answer: η = 0.46 (nearest hundredth)

This means that greater demand makes it possible to increase the price. Usually, this is not the case because lowering the price increases sales.

6 0

4 years ago