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3 years ago

One argument for the idea that customer demands for local customization are on the decline worldwide is that

Business

1 answer:

PolarNik [594]3 years ago

8 0

Answer: customer tastes have converged worldwide.

Explanation:

The options to the question are:

A. governments across the world are standardizing their legal procedures.

B. customer tastes have converged worldwide.

C. high costs of local customization are deterring companies from doing so.

D. managers worldwide ignore the differences in consumer tastes and preferences.

E. local and indigenous industries are increasingly filling up available demand

Local customisation is simply the implementation of creative ideas with a particular brand. argument for the idea that customer demands for local customization are on the decline worldwide is that customer tastes have converged worldwide.

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The societal marketing concept holds that ________. consumers will not buy enough of a firm's products unless the firm undertake

lorasvet [3.4K]

The societal marketing concept holds that a company's marketing decisions should focus on creating economic value in a way that also creates value for the surrounding environment

Let understand that "Marketing" refers to actions taken by an organization to attract customers as well as building positive relationship to encourage future patronize of the offered goods and services.

The concept of Marketing is classified into five:

Production concept
Product concept
Selling concept
Marketing concept
Societal marketing concept.

In conclusion, the societal marketing concept emphasizes the well-being of consumer and the society and "states" that an organization must know the needs and wants of the target market and then produce them effectively in a way that satisfy the consumer and the society at large.

Learn more societal marketing concept here

brainly.com/question/14409298

4 0

3 years ago

Recent rains increase the demand for kayaks, as paddlers want to take advantage of the exciting river conditions on the Oconee R

Lunna [17]

Answer:

Equilibrium price to be indeterminate from the information given, but equilibrium quantity to rise.

Explanation:

The recent rains resulted in an increase in demand for kayaks so the equillibrum quantity demanded will rise. Supply will also rise to meet the increased demand.

However we are unable to determine if the price will rise or fall with the given information.

Plastic is cheaper now so kayaks will also be cheaper. On the other hand increase in demand naturally causes an increase in price. So the cheaper price of kayaks will need to be compared with price increases as a result of increased demand to determine if equillibrum price will rise or fall.

5 0

3 years ago

A company uses the declining-balance method of calculating depreciation expense.On January 1, the company buys machinery for $75

elixir [45]

Answer:

Book value for the 3rd year = $ 750,000 - $366,000 = $ 384,000

Explanation:

Straight line rate= 100 % ÷ Useful Life = 100 ÷ 10= 10 %

Double Declining rate = 2 * Straight Line rate= 2 * 10= 20 %

Depreciation expense= Double declining balance rate * Beginning period book value

Depreciation expense for the first year = 20 % $ 750,000= $ 150,000

Book value for the first year = $ 750,000 - $ 150,000= $ 600,000

Depreciation expense for the 2nd year = 20 % $ 600,000= $ 120,000

Book value for the 2nd year = $ 750,000 - $ 270,000= $ 480,000

Depreciation expense for the 3rd year = 20 % $ 480,000= $ 96,000

Book value for the 3rd year = $ 750,000 - $366,000 = $ 384,000

5 0

4 years ago

Clarion Corp. invested cash in a 6-month certificate of deposit (CD) on November 1, 2015. If Clarion Corp. has an accounting per

Ira Lisetskai [31]

Answer:

A is the correct option

Explanation:

Revenue or income is recognized based on accrual concept of accounting where revenue or income is recognized when earned and expenses when incurred not when received or paid in cash.

As a result,on the 31st December Clarion Corp. has earned two months' interest on the 6-month certificate of deposit as it has invested for two months.

The correct option is A,Clarion recognizes interest revenue on 31st December ,2015 only.

It is also important to note that the since 2015 came to end the fraction of interest revenue relating to year 2015 needs to be recognized by debiting accrued income account and crediting investment on the face of the income statement

5 0

3 years ago

rayer Corporation has income from continuing operations of $319,000 for the year ended December 31, 2017. It also has the follow

faltersainse [42]

Answer:

before tax 305,500

tax expense 48,880

after tax 300,620

Explanation:

income from continuing operations of 319,000

Capital gain 33,500

understatement of 2016 income 20,000

loss on available-for-sale securities. (58,800)

discontinued operations (8,200)

Total other comprehensive income 305,500

tax expense 16% (48,880)

net 300,620

We will list each transaction, notice the understatement of 2016 income means the company recognize a lower income than it should, so we increase the other comprehensive income.

5 0

3 years ago