3 years ago

What is marketing?explain the concept of marketing

1 answer:

6 0

Answer:

Marketing is the process of getting the right goods or services or ideas to the right people at the right place, time, and price, using the right promotion techniques and utilizing the appropriate people to provide the customer service associated with those goods, services, or ideas.

Explanation:

(hope this helps)

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Mark's home was damaged in a fire and no longer able to be occupied. Fortunately, the event was insured by Mark's property insur

juin [17]

Answer:

Coverage D

Explanation:

Coverage D basically refers to insuring against the loss of use of your house, i.e. you cannot live in your house temporarily. Coverage D will provide for additional living expenses to the insured in order to cover lodging expenses while the insured property is being repaired and can be used again.

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3 years ago

Kocher Steel typically achieves one of three production levels in any given year: 8 million pounds of steel, 10 million pounds o

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Answer:

Fixed cost

Explanation:

Variable costs are costs that change with change in the quantity of the goods or services produced by the business. For example the cost of raw materials.

Fixed costs are costs that do not change with change in the quantity of the goods or services produced by the business. For example interest payments.

In the given question, payment of $10 per pound has to be made no matter what the production level for the year, so this is an example of <u>fixed cost</u>

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3 years ago

Gross billings for merchandise sold by lang company to its customers last year amounted to $11,720,000; sales returns and allowa

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Calculation of Net sales last year for Lang Company:

It is given that Gross billings for merchandise sold by Lang Company to its customers last year amounted to $11,720,000; sales returns and allowances were $370,000, sales discounts were $175,000.

Net sales can be calculated using the following formula;

Net Sales = Sales –Sales Returns –Allowances

= $11,720,000-$370,000-$175,000

= $11,175,000

Hence the Net sales last year for Lang Company is $11,175,000

Hence the correct asnwer is <u>c. $11,175,000.</u>

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4 years ago

______ is exploiting a distinctive competence or improving efficiency for competitive advantage. (a) Cooptation (b) Coalition (c

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Answer: Competitive aggression is exploiting a distinctive competence or improving internal efficiency for competitive advantage. Your answer is D.

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4 years ago

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An increase in the standard of living results from an increase in which of the following?

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Income and employment.

Standard of living is the level of wealth and comfort available to individuals.

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3 years ago

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