Answer:
a) True
Explanation:
Place utility refers to making products available at those places from where the consumers can conveniently buy. Place utility means, the satisfaction yielded to the consumers by providing product, at places, where they are most desired.
Marketing mix refers to the that blend of marketing aspects which a firm pursues, so as to achieve it's marketing objective in target markets.
Place is among the four essential P's of marketing marketing mix. The other three being, price, product and promotion.
In the given case, when Frank was in dire need of getting gas refilled during a drive and was successfully able to locate a gas station within next 2 miles. The moment the need arose, within a drive of 2 miles, the need was fulfilled with the availability of a gas station.
Thus, the given scenario represents the value, place utility provides to a customer.
Answer:
Explanation:
Economic Darwinism explains why some inefficient accounting practices persist. Inefficient accounting systems may continue to exist either because they have proved better than other systems or because better systems have not been yet discovered.
Answer:
D. added to the balance according to company
Explanation:
The bank reconciliation must have included an item that was<em> added to the balance according to company.</em>
Answer:
Letter A is correct. <u>Routine response behavior.</u>
Explanation:
Routine response behavior is a buying decision making process characterized by the act of a consumer purchasing a product or service that he has previously purchased, ie, it is configured as a usual buying scenario, the consumer already has experience buying certain products. and the purchase decision occurs automatically and routinely.
Generally this buying behavior occurs with non-durable consumer goods, which are those used consistently by the consumer, such as food, medicines and cleaning products.
Answer:
it must be organized as a separate legal entity.
Explanation:
A corporation is a business that is owned by shareholders. The corporation is a separate legal entity and so it can sue and be sued, pay taxes and own assets.
Advantages of a corporation include :
1. they have unlimited liabilities
2. they have unlimited life. the business doesn't end even after the death of the owners unlike a sole proprietorship
3. they have more access to capital
Disadvantages of a corporation include :
- high cost of setting up
- Earnings to shareholders are taxed twice
A corporation can only issue one type of share
A corporation is under no obligation to pay dividends
Stocks of a corporation can either be sold in large or small amounts
