1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Korvikt [17]
3 years ago
12

The evolution of the marketing concept can be explained best by the shift from a seller's market in which demand exceeds supply

to a buyer's market in which supply exceeds demand.
a. True
b. False
Business
1 answer:
erik [133]3 years ago
5 0

Answer: True

Explanation:

The evolution of marketing implies the gradual development with regards to marketing over the years. It is explained as the shift from a seller's market where demand is more than the supply to a buyer's market where the supply is more than the demand.

There are three main stages with regards to the evolution of marketing and these are production concept, selling concept and the marketing concept.

You might be interested in
What global market-entry strategy did mary kay use when it entered india?
sdas [7]

The global market entry strategy that Mary Kay used when it entered India was the exporting market entry strategy. The priorities of Mary Kay when doing business was God first, family second and career third. In India however it was adapted that faith first, family second and career third.  Mary Kay does this for the purpose of the religion and for the sake of respecting those who practice their religions.


8 0
4 years ago
Read 2 more answers
Which method of communication is likely to be most effective for the following situation: A client's reservation is about to be
Free_Kalibri [48]
A phone is best because it would be quick
3 0
3 years ago
Read 2 more answers
Using emails to communicate asynchronously is not a good idea for all of the reasons below except ________.
elixir [45]

Answer:

The correct answer is A. Using emails to communicate asynchronously is not a good idea for all of the reasons below except email threads are organized.

Explanation:

Communication via email is very efficient for exchanging non-instantaneous messages, that is, in those in which information is transmitted that does not require constant exchange, such as a chat or a phone call. Therefore, in the case of asynchronous communication, the exchange of emails can cause some part of the communication to be lost, or the messages may be misinterpreted because they are out of order. This provided that the thread of the messages is not ordered, otherwise this misunderstanding could be avoided.

7 0
3 years ago
An overstatement of inventory account on the financial statements means that the __________ account on the financial statements
Makovka662 [10]

Answer: Cost of Gods Sold

Explanation:

The Cost of Goods sold in the income statement is calculated thus;

= Opening inventory + Purchases - Closing stock

Looking at the formula above, one can see that closing stock reduces the Cost of Goods sold. If inventory is therefore overstated, it would reduce Cost of Goods sold more than it should which would result in the Cost of Goods sold being understated.

7 0
3 years ago
If the amount of "Cost of goods manufactured" during a period exceeds the amount of "Total manufacturing costs for the period, t
Ilya [14]

Answer:

3. ending work in process is less than the amount of the beginning work in process inventory.

Explanation:

As we know that

Manufacturing cost = Cost of Goods Manufactured - Direct Labor - Direct Materials Used + Ending balance of Work-in-Process Inventory - the Opening balance of  Work-in-Process Inventory

And, the Manufacturing cost involves both cost i.e direct material and direct material used

If the cost of goods manufactured more than the total manufacturing costs, so automatically ending WIP inventory should be less then the beginning WIP inventory

6 0
3 years ago
Other questions:
  • An investment offers a total return of 15 percent over the coming year. Janet Jello thinks the total real return on this investm
    9·1 answer
  • Even if you recover at the last minute from a loss of balance or traction, there is still a risk that
    6·1 answer
  • Roomz, a mid-range hotel, used to provide only food and accommodation facilities. It soon realized that most of its customers ar
    10·1 answer
  • Some reasons that counselors may not be interested in working with older adults are ________.
    8·1 answer
  • Why do tobacco companies try so hard to get customers hooked as teens?
    10·1 answer
  • Elrod Inc. sells a product for $75 per unit. The variable cost is $45 per unit, while fixed costs are $48,000. Determine (a) the
    13·1 answer
  • Inclusive institutions are:
    14·1 answer
  • Steve Reese is a well-known interior designer in Fort Worth, Texas. He wants to start his own business and convinces Rob O’Donne
    5·1 answer
  • Can someone please help what’s the answer
    6·1 answer
  • Which of the following statements accurately describe the phases of a business cycle? Check all that apply.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!