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VARVARA [1.3K]
3 years ago
6

In marketing, we define a product as: a. Consumer product that the customer usually buys frequently, immediately, and with a min

imum of comparison and buying effort. b. Any activity or benefit that one party can offer to another that is essentially intangible and does not result in the ownership of anything. c. Anything that can be offered to a market for attention, acquisition, use, or consumption that might satisfy a want or need. d. A name, term, sign, symbol, or design, or a combination of these, that identifies the maker or seller of a product or service.
Business
1 answer:
Anarel [89]3 years ago
6 0

Answer:

The correct answer is the option C: anything that can be offered to a market for attention, acquisition, use, or consumption that might satisfy a want or need.

Explanation:

To begin with, according to the American Marketing Asociation or A.M.A. a product is known as the combined characteristics that allow the thing to be used for another person after been sold to that person. Therefore that it is understood that a it can be everything that can be sell to a customer in order to satisfy a want or need, so that means that any idea, product, service, design or a combination of all can be a ''product'' according to their definition of it.  

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Writing down ways you would like your community to improve is an example of ______
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Increase capital markets for example profit market
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Herb Kelleher, founder and long-time chief executive officer of Southwest Airlines, was known for inspiring and motivating his e
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Answer:

Interpersonal Skills

Explanation:

Interpersonal skill is the skill that connects one person with other due to the employee's behavior which helps him to get along with others. In other words, when we talk about interpersonal skills we are actually talking about the excellent way of interacting with people that results in better relation, respect, better job environment, motivation of employees, etc.

In this case, Herb Kelleher, the CEO has better relations with his company employees as he interact with the people well which is interpersonal skills.

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3 years ago
Briefly explain how the total amount of cash reported on the balance sheet is computed.
anastassius [24]

The entire current assets are subtracted from the non-cash assets. The quantity of cash shown on the balance sheet is represented by this figure. Prior to including them in the report, add the cash and petty cash totals to simplify the balance sheet. The cash line of the balance sheet report should now reflect the combined sum.

An organization's assets, liabilities, and shareholder equity are listed on a balance sheet, which is a financial statement. One of the three primary financial statements used to assess a company is the balance sheet. It offers a snapshot of the assets and liabilities of a corporation as of the publication date.

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4 0
1 year ago
The concept of splitting time, energy and other resources between career activities and family or personal activities is known a
JulijaS [17]

Answer:

organized planning

Explanation:

8 0
3 years ago
A University is offering a charitable gift program. A former student who is now 50 years old is consider the following offer: Th
xenn [34]

Answer:

The value of this deferred annuity today on his 50th birthday is <u>$2,621.27</u>.

Explanation:

Since the student's desired return of 6% will also start to be paid starting on his 65th birthday, the value of this deferred annuity today on his 50th birthday can be calculated by first calculating the value of the investment on the 65th birthday.

We therefore proceed with the following two steps:

Step 1: Calculation of the value of the investment on the 65th birthday

The value of the investment on the 65th birthday can be calculated using the formula for calculating the present value of an ordinary annuity as follows:

PV = P * ((1 - (1 / (1 + r))^n) / r) …………………………………. (1)

Where;

PV at 65 = Present value of the annuity at 65th birthday =?

P = Annuity payment = Invested amount * Student's desired return = $8,900 * 6% = $534

r = Student's desired return rate = 6%, or 0.06

n = number of more years anticipate to live after 65th birthday = 21

Substitute the values into equation (1) to have:

PV at 65 = $534 * ((1 - (1 / (1 + 0.06))^21) / 0.06)

PV at 65 = $534 * 11.764076621288

PV at 65 = $6,282.02

Therefore, the value of the investment on the 65th birthday is $6,282.02.

Step 2: Calculation of the value of this deferred annuity today on his 50th birthday

The value of this deferred annuity today on his 50th birthday can therefore be calculated using the simple present value for as follows:

PV at 50 = PV at 65 / (1 + r)^N …………………………….. (2)

Where;

PV at 50 = the value of this deferred annuity today on his 50th birthday = ?

PV at 65 = Present value of the annuity at 65th birthday = $6,282.02

r = Student's desired return rate = 6%, or 0.06

N = number of years from 50th birthday to 65th birthday = 65 - 50 = 15

Substitute the values into equation (2) to have:

PV at 50 = $6,282.02 / (1 + 0.06)^15

PV at 50 = $6,282.02 / 2.39655819309969

PV at 50 = $2,621.27

Therefore, the value of this deferred annuity today on his 50th birthday is <u>$2,621.27</u>.

5 0
2 years ago
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