Answer:
Yes the statement is correct.
Explanation:
The statement is given by Matt Cheuvrant. In business the statement is absolutely correct that you can not satisfy the need of all the customers. A business cannot offer a product at less than its cost if a customer cannot afford it. Also an organization cannot start manufacturing a product because one customer demands it. If the company decides to satisfy all his customers by offering a large variety of products it may result in establishing in-house competition resulting in declining profits from both the products. If the company tries to give everything to every one this enhances its risk of failure resulting nothing in its own hands.
Businesses should focus on a single product and try to create a niche market. The product should be unique and its features should be extensively different from the other competitive products available in the market. This creates heavy switching cost to customers which ensures the business that customers will retain loyal to it. You can everything for few customers. They will not want to leave you because of your product specific features that are not available in the market.
Executives turn to WHITEPAPERS prepared by potential b2b marketers to confront an unfulfilled business need.
- The whitepapers contain useful information that will guide the executives to realize the business needs to fulfill for potential customers.
- The whitepapers are usually issued by the potential customer organization as a way of advocating clearly its position on a specified business problem.
- The whitepapers provide the executives the guide they require to understand and solve business needs.
Thus, executives should turn to whitepapers prepared by potential b2b marketers to solve unfulfilled business needs.
Read more about the importance of market research at brainly.com/question/12435635
Answer:
A. Regular demand and supply describe the market for a single good, while aggregate demand and aggregate supply describe the combined market for all final goods and services
Explanation:
Aggregate demand measures the total demand for all finished goods and services produced in a country.
Aggregate supply is the sum of all goods and services firms are willing to supply at a given price
Demand is the amount of a good consumers is willing and able to buy at a particular price
Supply is the amount of a particular good suppliers is willing to sell at a particular price.
Answer:
The answer is: C) $62,000
Explanation:
The partnership had a total ordinary income of $200,000. It made guaranteed payments to its three partners (Molly, Amber and Pat) of $20,000 each ($60,000 in total).
So the partnership adjusted income is reduced to $140,000, out of that amount, 30% belongs to Molly. Molly's share of the partnership adjusted income is $42,000.
Molly's total earnings from the partnership are $62,000 ($20,000 + $42,000)