Club med inc. talks to its present and potential customers to assess their needs for its products. Then it develops products to satisfy those needs. The firm is thus applying the Marketing concept.
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What is Marketing concept?</h3>
The marketing notion refers to the process that a business uses to maximize profit by boosting sales, meeting consumer needs, and outperforming competitors. The goal is to establish a condition that is advantageous to both the customer and the business. The goal of the marketing concept is to better predict and fulfill customers' needs and wishes than the competition. The Adam Smith book Wealth of Nation served as the primary inspiration for the marketing ideas. It was not discovered till the 21st century.
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Answer:
Debit Cash account $8,400
Credit Sales account $8,000
Credit Sales tax payable $400
Being entries to record cash proceeds from sale.
Explanation:
Since total cash received from the sale was $8,400, a debit entry for this amount is posted to the Cash account.
Of the amount received, $400 is for sales tax. This is a liability to the organization and as such a credit entry for sales tax payable of $400 is recorded until it is remitted.
The balance of $8000 is the actual amount to be recognized as sales.
Answer:
Managing
Explanation:
Managing involves effectively utilising an organisation's resources and bringing employees together to meet set goals and objectives.
Good management helps create a dynamic team where employees collaborate and give their best to achieve collective goal.
Roles are well defined and review and planning is done to effectively drive the team to success.
Answer: C.
Explanations: Many companies go by that standard although they don't necessarily mean it. They are very much aware of how much a customer is important to the company. They should be aware of all the staff and how they are treating the customers, the quality of a product and generally give their best to please someone when they come inside their store.
However there should be certain precautionary measures taken if they encounter with a customer that, beside all the kindness you were offering, is rude, frantic, starts damaging the goods, ambience etc.
Answer:
The desk clerk should offer the guest the use of the lobby wireless, which the clerk knows to be problem-free, along with a discount.
Explanation: in other to maintain the guest's cluster of satisfactions, The guest clerk should make sure that things are put in place for the guest satisfaction.