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Zigmanuir [339]
2 years ago
6

The activities in a firm that try to identify customer needs and focus the flow of goods or services in the firm in order to mee

t those needs is called
Business
1 answer:
allochka39001 [22]2 years ago
8 0

The activities in a firm that try to identify customer needs and focus the flow of goods or services in the firm in order to meet those needs is called : Marketing

<h3>What is marketing?</h3>

Marketing refers to the process whereby firms promote and sell product or services.

Marketing involves creating awareness to determine if there are sufficient number of people with a significant income to be able to purchase the goods one wishes to sell.

Marketing includes but not limited to :

  • Market research
  • Product development
  • Distribution method
  • Advertising
  • Sales

Therefore, the activities in a firm that try to identify customer needs and focus the flow of goods or services in the firm in order to meet those needs is called Marketing.

Learn more about marketing here : https://brainly.ph/question/2184594

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According to O'NET, what are common work contexts for Foresters? Check all that apply.
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Read 2 more answers
Which of the following would produce the largest increase in the contribution margin per unit? A 14% increase in variable cost.
Rama09 [41]

Answer:

A 7% increase in selling price.

Explanation:

Contribution margin refers to the difference between selling price and variable cost.

Contribution margin:

= Selling price - Variable cost

Net income:

= Contribution margin - Fixed cost

(i) 14% increase in variable cost:

It cannot, because it will decrease the contribution margin.

(ii) 17% decrease in fixed cost:

It cannot affect the contribution margin.

(iii) 15% decrease in selling price:

No, it will reduce the contribution margin.

(iv) 7% increase in selling price:

Yes, it will increase the contribution margin since there is an increase in the selling price.

(v) 23% increase in the number of units sold:

No, it will not impact the selling price or variable cost.

5 0
3 years ago
“formal evaluation could include testing the predictive capabilities of the models on observed data to see how effective and eff
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According to scott, the coo of barcelona restaurant group, employees are given the opportunity and freedom to achieve organizati
rusak2 [61]

Complete Question:

According to Scott, the COO of Barcelona Restaurant Group, employees are given the opportunity and freedom to achieve organizational goals through a variety of different approaches, tasks, and decisions, based on the situation. This is most consistent with the:

Group of answer choices

A. Systems approach to management.

B. Behavioral perspective of management.

C. Classical perspective of management.

D. Contingency approach to management.

Answer:

D. Contingency approach to management.

Explanation:

According to scott, the coo of barcelona restaurant group, employees are given the opportunity and freedom to achieve organizational goals through a variety of different approaches, tasks, and decisions. Based on the situation, this is most consistent with the contingency approach to management.

A contingency approach to management is based on the theory or premise that, there are no universal or single management theories. Thus, management theories should not be dependent on one single approach and as such the most effective management theory depends on the situation, kind of problems that the various organizations or managers are facing at a specific period of time and place.

<em>Hence, in the contingency approach to management; the effectiveness of management is based on the situation and the management behaviors that is most appropriate. </em>

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