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Sergio [31]
2 years ago
13

1. What is the difference between the consumer market and the business market?

Business
1 answer:
irina1246 [14]2 years ago
7 0

Answer:

Business markets refer to organizations, businesses, or entities that acquire products and services for use in the production of other services and products. On the other hand, consumer markets refer to markets where producers sell their products or services directly to the final consumers.

Explanation:

You might be interested in
As firms build databases that contain customer ______, marketing researchers must be careful not to abuse this collection, which
Ganezh [65]

Answer:

The correct answer is information

Explanation:

Database Marketing is a form of direct marketing using databases of customers or potential customers to generate personalized communications in order to promote a product or service for marketing purposes. The communication method can be any addressable medium, as in direct marketing.

The difference between direct and database marketing is mainly due to the attention given to data analysis. Database Marketing emphasizes the use of statistical techniques to develop consumer behavior models, which are then used to select clients for communications. As a result, database marketers are also large users of Database Stores, since they have large amounts of consumer data which increases the chances that a more accurate product can be built.

There are two main types of database marketing: 1) Consumer databases and 2) Business databases. Consumer databases are primarily aimed at companies that sell to consumers, commonly abbreviated as "from business to customer" (B2C) or BtoC. Business databases are much more advanced in terms of the information they provide, this is mainly because business databases do not have the same privacy laws as consumer databases.

6 0
3 years ago
Department and shift teams in many hospitals have brief stand-up daily huddles during which team members share information and e
nadya68 [22]

A hospital whose departmental and shift teams share information and expectations about work is an example of high media richness.

<h3 /><h3>What is media wealth theory?</h3>

It is a way of classifying and structurally evaluating the wealth of media used in the work environment. The theory states that the greater the ability of a medium to convey a complex message effectively, the richer it will be.

Therefore, high media richness is related to reducing ambiguity in a communication, conveying a message more quickly and effectively.

Find out more about media wealth theory here:

brainly.com/question/5608221

4 0
1 year ago
Dexter Industries purchased packaging equipment on January 8 for $98,000. The equipment was expected to have a useful life of th
Flauer [41]

Answer:

1.

a. $30,667

a.1. $92,001

b. $41,308

b.1. $92,000

c. $65,334

c.1. $94,370

2.The method that yields the highest depreciation on year 1 is Double declining balance, in the amount of $65,334

3. The method that yields the most depreciation the 3 years is Double declining balance in the total amount of $94,370

Explanation:

1. A (straight line method)

(98,000-6,000) / 3 years = 30,667

A.1. 30,667 x 3 years = 92,001

B. (Units-of-activity method)

Formula : [(cost - salvage value) x hours for the preiod] / total eatimated hours

[(98,000-6,000) x 8,980 ] / 20,000

41,308

B.1. Year 1

[(98,000 -6,000) x 8,980] / 20,000

41,308

Year 2

[(98,000-6,000) x 6,930] / 20,000

31,878

Year 3

[(98,000-6,000) x 4,090] / 20,000

18,814

Thus, 41,308 + 31,878 + 18,814 = 92,000

C. (double declining method)

formula : 100% / years x 2

100%/3 x 2 = 66.67%

98,000 x .66667 = 65,334

C.1. Year 1 = 65,334

Year 2

(98,000 - 65,334) x .66667 =21,777

Year 3

(98,000 - 65,334 - 21,777) x .66667 = 7,259

Thus, 65,334 + 21,777 + 7,259 =94,370

7 0
3 years ago
Which step in developing a mission statement requires you to think about who is affected by your organization and how they might
Alik [6]

Answer:

Considering the stakeholders' perspectives.

Explanation:

Considering the stakeholders' perspectives is a step in developing a mission statement which requires that you to think about who is affected by your organization and how they might measure your success.

Generally, when the top executives or management are developing a mission statement, decisions, and goals, it is very essential and important that they ensure it is favourable to the stakeholders. Stakeholders can be defined as a group of people who have interest or shares in a business entity and are affected by the decisions of the company.

<em>Hence, the stakeholders perspective needs to be considered at all times because they're part of the business and their actions can affect the success of the business. </em>

5 0
3 years ago
Tool Manufacturing has an expected EBIT of $72,000 in perpetuity and a tax rate of 24 percent. The company has $128,500 in outst
harkovskaia [24]

Answer:

The value of the company according to MM Proposition I with taxes is $528294.55

Explanation:

value of unlevered firm  = EBIT(1-T)/Ru

                                        = 72000*(1 - 24%)/11%  

                                       = 497454.55

value of levered firm = 497454.55 + 128500*0.24

                                   = $528294.55

Therefore, The value of the company according to MM Proposition I with taxes is $528294.55

4 0
3 years ago
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