Business ethics and principles of marketing
In recent years, the Business ethics literature has exploded in both volume and importance. Because of the sheer volume and diversity of this literature, a review article was deemed necessary to provide focus and clarity to the area. The present paper reviews the literature on business ethics with a special focus on marketing ethics.
Marketing principles are the most commonly used principles that are around since the 1960s, these principles stood the test of time and have remained the same - with a little variation here and there - for decades. Businesses follow these principles for a successful marketing strategy.
1. Product
Dmytro Tsybuliak search marketing expert, and co-founder of nitrate, states that product is one of the most crucial principles of marketing. The product can be either a good or a service you provide to customers. One important thing that often marketers ignore is to see the appeal of your product and market for it before deciding what you want to offer.
.2. Price
The price is the money the customer has to pay for the product or services they receive. There are two types of pricing, such as cost-oriented prices and market-oriented prices.
3. Place
Place refers to the process of bringing your products and services to the customers. The place is wherever your product or services are available for purchase and customers can buy them. It could be a brick-and-mortar store, an online website, or you can use multiple channels to reach a broader audience.
4. Promotion
Promotion is creating awareness for your products, services, company, and brand. All the ways a company uses to build awareness for their product and services are known as promotion. Promotion should give customers a reason to choose your product or service, as well as show the prospective customers the benefits of using your product. Promotion is the backbone of marketing and as crucial for businesses as the quality of the products they produce. It refers to communicating with the target audience through different channels and creating awareness for your product and services.
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Answer:
The answer is 8 years.
Explanation:
In Offer 2, we apply the present value formular for annuity to calculate the number of repayment, thus number of year payback because repayment is made once a year.
We have the formular to calculate present value of annuity as followed:
PV = (C/i) x [1-(1+i)^(-n)].
apply to the question, we have:
PV = the owed principal amount = $15,000;
i = annual interest rate compounded once a year = 20%;
C = number of equal annual repayment = $3,900;
n: number of repayment made thus number of year payback.
As we need to find n, we have:
15,000 = (3,900/20%) x [ 1- 1.20^(-n)] <=> 1-1.2^(-n) = 0.769 <=> 1.2(^-n) = 0.231 <=> n = -(the base 1.2 logarithm of 0.231) = 8
Answer:
B. Increase and the real wage will increase.
Explanation:
In the case when there is a rise in population so the labor supply also rises and the equilibrium labor quantity would also rise
So it would result in rise in capital market due to which the labor would become more productive and there is a rise in the labor demand
This leads to greater real wages rate and rise in full labor quantity employment
Hence, the option b is correct
Answer:
$64,500
Explanation:
The basis of a partnership interest is the money plus the adjusted basis of any property the partner contributed. In this case adjusted basis of jerry in his partnership can be calculated as follows
Adjusted basis of Jerry In his Partnership = Partnership interest - Ordinary Loss + Long term Capital gain + Dividend-Non Deductible Expenses + Cash Contribution - Share deduction
Adjusted basis of Jerry In his Partnership = $41,000 - $6,000 + $4,900 + $3,900 - $2,400 + $29,000 - $5,900
Adjusted basis of Jerry In his Partnership = $64,500