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andrew-mc [135]
4 years ago
7

How do businesses and the society benefit from marketing?

Business
1 answer:
Verdich [7]4 years ago
5 0

Answer:

Marketing stimulates a competitive economy, promotes products and services, and targets consumers who are most likely to become purchasers. Higher sales for a company that employs effective marketing strategies translate into expansion, job creation, higher government tax revenue, and eventually, overall growth.

HAVE A GOOD DAY!

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Explain the difference between capital and capital goods
Phantasy [73]

Explanation:

Capital: The most important city or town of a country or region.

Capital goods: Goods that are used in producing other goods, rather than being bought by consumers

6 0
3 years ago
Which of the following statements is true? Select one:
Vinvika [58]

Answer:

d. In perfect price discrimination, the firm is able to convert the entire area of consumer surplus that existed under perfect competition into producer surplus.

Explanation:

Perfect price discrimination occurs when the firm charge the <em>maximum price</em> that consumer is willing to pay <em>for every unit sold</em>.

(That price is given by the demand curve)

They will produce where the lowest price they can charge is equal to their marginal cost (marginal cost = marginal revenue), in other words where Supply curve meet Demand curve, ie. free market equilibrium (so no deadweight loss).

Their revenue will be a + b + c. That includes a, the entire consumer surplus under perfect competition.

7 0
4 years ago
Emma, the facilities director for a college of business, was very involved in the purchase process for remodeling the student lo
Diano4ka-milaya [45]

Answer:

Procurement department is the best suited answer

Explanation:

Emma is following the procedure of procurement here as it is the responsibility of procurement to search the desired product and negotiate it. It is the job of procurement department to  issue purchase orders, develops term contracts, and acquires supplies and services. Although it is the higher authorities to have a final say but it is the job of procurement department to enlist and gather all the information for the higher authorities.

7 0
3 years ago
Locally manufactured Bubbles is a popular brand of detergent in Germany. However, with the entry of a foreign multinational into
Licemer1 [7]

Answer:

The best way for the producer of Bubbles to differentiate itself from the foreign multinational is to create a specific market focus or niches for itself.

Explanation:

By creating a dedicated and specific market niche, the producer of bubbles have a specific target market out of the whole market whom they can influence consequently differentiating themselves from the multinationals.

3 0
3 years ago
As a CA employer, in terms of record retention, what three types of records do I need to pay special attention to? Group of answ
ra1l [238]

CA Employers need to pay attention to the following records:

  • Safety and toxin/chemical exposure records, including safety data sheets: keep for 30 years.
  • Pension and welfare plan information: keep for six years.
  • First-aid records of job injuries causing loss of work: keep for five years.

<h3>Which records need to be kept by CA employers?</h3>

The state of California requires that employers in the state should keep certain records.

Pension and welfare records should be kept for 6 years while first-aid records should be kept for 5 years.

Safety and chemical records are placed a high value on and should be kept for 30 years.

Find out more on California employer requirements at brainly.com/question/26463698.

#SPJ12

8 0
2 years ago
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