A marketing means those activity that that is involved in understanding and communicating with the customer to help in the design, development, delivery, and determination of the value inherent in the offering.
<h3>What is a
marketing?</h3>
This refers to the process of creating, distributing, pricing and promoting goods and services as well as to facilitate satisfying exchange relationships with customers
The marketing also focuses on developing and maintaining favorable relationships with stakeholders in a dynamic environment
Hence, it is also involved in understanding and communicating with the customer to help in the design, development, delivery, and determination of the value inherent in the offering
Therefore, the Option B is correct.
Full question "What activity is geared around understanding and communicating with the customer to help in the design, development, delivery, and determination of the value inherent in the offering? production sales finance marketing.
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Answer:
True
Explanation:
Retained earnings are profits that management opts not to distribute to shareholders. They are profits invested back in the business. The statement of retained earnings is the financial statement that records the retained earnings.
Calculation of retained earnings is by deducting dividends from the net profits. In the statement of retained earnings, net profits are added to the beginning balance of retained earnings and subtracting dividends declared.
Product Availability is the capacity to have inventory present when and where it is desired by a customer.
<h3>What is product availability?</h3>
Product availability is the ability of a store to meet customer demand for a specific item. Retailers may provide thorough information on product availability to help customers with planning and decision-making.
Consistent product availability is essential to the success of your retail business because it provides the framework for your merchandising and draws in your target audience by providing them with the necessities to meet their needs.
Thus, it is product availability.
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Money is best defined as whatever serves society in three functions: medium of exchange, store of value, and unit of account.
Barter is best defined as a situation where two individuals each want some or service that the other can provide.
A double coincidence of wants is a situation where two individuals each want some or service that the other can provide.
<h3>What is money?</h3>
Money is anything that is accepted by the general public as a means of payment for products and for repayment of debt.
<h3>What are the functions of
money?</h3>
- Medium of exchange : money can exchanged for goods and services.
- Unit of account : money can be used to determine the value of goods and services
- Store of value : money can retain its value over the long term.
<h3>What is barter?</h3>
Barter is when people exchange goods with goods. For barter to occur, there has to be a double coincidence of wants. This means that someone has to have what you want and that person wants what you have.
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In economics, the invisible hand<span> is a </span>metaphor used<span> by </span>Adam Smith<span> to describe ... Smith </span>may<span> have come up with the two meanings of the phrase from Richard Cantillon ... In this </span>work<span>, however, the idea of the </span>market<span> is not discussed, and the word ... In alternative models, </span>forces<span> which were nascent during Smith's life, such as ... and ....</span>
