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navik [9.2K]
3 years ago
9

What are the five key things you must know in order to identify opportunities in your area of work?

Business
1 answer:
jasenka [17]3 years ago
6 0

Answer:

The answer is below

Explanation:

Five key things you must know in order to identify opportunities in your area of work are:

1. Study industry trends and insights, by checking the latest or current infographics on your industry.

2. Study top executives in the industry, through interviews, magazines profiles, and their company websites.

3. Pay attention to both existing and potential clients' needs.

4. Understand the present challenges in the industry and think the solution

5. Attend conferences and seminars relating to your industry.

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Marketing benefits the organization, its stakeholders, and society at large by _______ offerings that have value for customers?
miv72 [106K]

Marketing benefits the organization, its stakeholders, and society at large by <u>creating, communicating, delivering, and exchanging</u> offerings that have value for customers.

<h3>What is marketing?</h3>

Marketing is a process filled with many activities to ensure customer value and organizational profitability.

Marketing involves the following marketing mix:

  • Product
  • Price
  • Place
  • Promotion.

Marketing does not start with advertising or creating awareness of a product or service in the mind of customers.  It begins with product design, production, and delivery, and ends with customer service.

Thus, marketing creates, communicates, delivers, and exchanges offerings to benefit the customers, the organization, and other stakeholders.

Learn more about marketing at brainly.com/question/25369230

#SPJ1

6 0
1 year ago
Gary has just purchased a beer distributorship. He wants to increase the visibility of his firm in local markets, but he knows t
just olya [345]

<u>Answer:</u>

The first thing Gary should do is to "identify issues that need to be addressed".

<u>Explanation:</u>

Establishing business in the field of Alcoholic beverages, smoking materials, nicotine content products etc, is looked after from two dimensions by market: one who need it and the other who oppose it. The regulation of such business ideas in market or society is only acceptable when issues or barriers are rectified legally to overcome situation.

Such products should be promoted only after getting license from specified authorities, following the rule of packaging, labeling products according to rules and regulation which carry all mandatory information like composition, merits and demerits of using, warnings: regarding allergy, price, manufacturing and expiry dates etc.

8 0
3 years ago
Orear Corporation manufactures two products: Product Z34D and Product J25M. The company uses a plantwide overhead rate based on
Molodets [167]

Answer:

30%

Explanation:

For computing the percentage of the total overhead cost we need to find first plantwide overhead rate and Product J25M (absorbed overhead) which is shown below:-

Plantwide overhead rate = Total plant overhead ÷ Total number of labor hours

= ($120,000 + $90,000 + $84,000 + $300,000) ÷ (7,000 + 3,000)

= $594,000 ÷ 10,000

= 59.4 per labor hour

Product J25M (absorbed overhead) = Plantwide overhead rate × Direct labor hours of Product J25M

= $59.4 × 3,000

= $178,200

So, the Percentage of the total overhead cost = Product J25M (absorbed overhead) ÷ Total plant overhead × 100

= $178,200 ÷ $594,200 × 100

= 30%

6 0
3 years ago
When Mathilda first walked into the glass-enclosed lobby of Data Mining Solutions’ headquarters, she observed an enormous three-
natali 33 [55]

Answer: Symbols

Explanation:

Observable artifacts are symbols, words, languages (they could be slang or jargon), stories of legends, practices. This give those in the future the explanation of what happened in the past or what's currently ongoing with a message to those who come across them.

The observable artifact the organization is using is that of symbols.

6 0
2 years ago
The following data represent the beginning inventory and, in order of occurrence, the purchases and sales of Quebec, Inc. for an
STatiana [176]

Answer:

Quebec, Inc.

Assuming Quebec, Inc. uses FIFO periodic inventory procedures, the ending inventory cost is:

= $2,220.

Explanation:

a) Data and Calculations:

                                  Units   Unit Cost   Total Cost    Units Sold

Beginning Inventory   32         $54            $1,728

Sale No. 1                                                                              10

Purchase No. 1           28           60               1,680

Sale No. 2                                                                            32

Purchase No. 2          20          57                 1,140

Totals                         80                            $4,548             42

Ending Inventory using FIFO periodic inventory system:

Units of ending inventory = 38 (80 - 42)

Units are from:       Units   Unit Cost   Total Cost

Purchase No. 1           18           60       $1,080

Purchase No. 2          20          57          1,140

Ending Inventory       38                    $2,220

7 0
2 years ago
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