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3 years ago

Which of the following statements about marketing is true?

1 answer:

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The most accurate statement about marketing is that B) It can help create jobs in the economy by increasing demand for goods and services.

Marketing refers to the various methods a company is able to advertise itself and its products such that more people will becoming interested in it thereby leading to an increase in demand for their goods and services

If this happens to a company, they will be able to make more profit which will allow them to expand. Expansion needs more employees to work so the company will have to hire more people thereby creating jobs in the economy.

Other options are wrong because:

Marketing is always important, even when goods are standardized
Marketing has an impact on the intangible assets of a company especially goodwill
Marketing is more important to smaller firms than larger ones

In conclusion, marketing leads to increased employment in an economy.

Find out more at brainly.com/question/19485755.

Options for this question include:

A) It is of little importance when products are standardized.

B) It can help create jobs in the economy by increasing demand for goods and services.

C) It helps to build a loyal customer base but has no impact on a firm's intangible assets.

D) It is more important for bigger organizations than smaller ones.

You might be interested in

Why is vocabulary important? What is Promotion? Why is Promotion important in marketing?

Igoryamba

Why is vocabulary important? Your vocabulary is important because it allows others to better understand the message you are trying to convey. Readers and listeners will not be able to understand what they are looking at if they can not understand the words being used. Also, in business and the corporate world, vocabulary is important to make sure the correct terminology is being used for the consumer to understand.

What is Promotion? A promotion is an item or service that helps publicize a product or organization to increase their sales or awareness. A promotion typically draws attention to the business and helps them expand their consumer base.

Why is Promotion important in marketing? A promotion is important in marketing to attract new consumers as well as remind loyal consumers of the brand. A promotion may also be used when demonstrating a new release item to bring awareness.

8 0

3 years ago

Planning practices are different from organization to organization. do you agree? explain

Snowcat [4.5K]

Answer:

yes I agree

Explanation:

because different organizations manufacture or provide different goods and services so it's not possible for them to have the same planning practices take for instance an organization that deals with the provision of food to refugees and an organization that deals with the manufacturing of goods these two organizations will plan differently on how to go about with there businesses.

I hope this helps

5 0

3 years ago

Which ideas are good ones to keep in mind when trying to come up with a research idea?

Andreyy89

The key to locating a good research idea is to find a topic that:

4) You want to know more about

<h3>What are the 5 most important things you will require to research about your topic?</h3>

5 Steps for How to Research

Step 1: Pick a Subject.

Step 2: Are There Adequately Sources?

Step 3: Validation: Find the Finest Sources.

Step 4: Make Reminders.

Step 5: Organize Your Details.

Ideas for research problems or topics can emerge from a range of sources such as personal or professional knowledge, a theory, the media, or other research studies.

To learn more about the research studies visit the link

brainly.com/question/14735769

#SPJ4

6 0

2 years ago

In previous years, Cox Transport reacquired 2 million treasury shares at $22 per share and, later, 1 million treasury shares at

Hoochie [10]

Answer:

24 million shares ; $16 million

Explanation:

The computation of the weightage number of treasury shares are shown below:

Number of shares Price Total

2 $22 $44 million

1 $28 $28 million

Total 3 $72 million

So, the weighted average number of shares would be

= $72 ÷ 3 = 24 million shares

Now the journal entry would be

Cash A/c Dr $64 million (2 million treasury shares × $32)

To Paid in capital - share repurchase A/c $16 million

To Treasury stock $48 million (24 million treasury shares × $2)

(Being the treasury shares are sold)

4 0

3 years ago

The primary purpose of closing entries is to:Prove the equality of the debit and credit entries in the general journal.Ensure th

strojnjashka [21]

Answer:

The answer is : to Update the balance of Retained Earnings and prepare revenue, expense, and dividend accounts for next period's transactions

Explanation:

The closing entries is to set the accounts' balance of temporary account to zero by transferring these balance to other permanent accounts at the end of the accounting cycles.

Temporary accounts includes accounts of revenues and expenses and dividend payment. Permanent account is Retained Earnings.

As Revenues and expenses are recorded for an accounting period, their balances should be all transferred to Retained Earnings account, together with the dividend payment during the period, to determined the ending balance of Retained Earning account at the end of the accounting period.

Once the closing entries has been recorded, the balance of all revenues and expenses, dividend payments accounts will be set back to zero at the start of next account period for recording revenue and expenses taken place in that period only. While Retained Earning Balance will show how much accumulated Earnings a firm retained since the start of its business.

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4 years ago