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2 years ago

A core aspect of marketing involves a(n) , which is a transaction in which things of value are traded by buyers and sellers.

1 answer:

5 0

A central aspect of marketing involves an exchange, which is a transaction in which things of value are traded between buyers and sellers.

<h3 /><h3>Marketing objectives</h3>

The central objective of marketing is to satisfy the needs and wants of potential consumers through the creation of value, which is achieved through integrated psychosocial factors.

Therefore, a company must focus its strategy in line with the needs of the market in which it operates, to generate competitiveness and positioning.

A successful company will be one that manages to create value through factors such as the quality of its products and services, social responsibility, transparency and reliability.

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Dave gets a job at a grocery store, which pays him an hourly wage in exchange for his labor. Dave is participating in __________

Slav-nsk [51]

Answer:

The factor market

Explanation:

The factor market refers to buying and selling of factors of production. Factors of production are land, labor, capital, entrepreneurship. Prices of factors of production are determined by interaction of supply and demand forces. By Dave offering his labor, he receives wages as a reward for the factor of production he provides i.e. labor.

3 0

3 years ago

On January 1, a company issued and sold a $440,000, 6%, 10-year bond payable, and received proceeds of $434,000. Interest is pay

Harlamova29_29 [7]

Answer:

The carrying value of the bonds immediately after the first interest payment is $434,300.

Explanation:

Face value of the bond = $440,000

Proceeds from bond issue = $434,000

Discount on bond payable = Face value of the bond - Proceeds from bond issue = $440,000 - $434,000 = $6,000

Total number of seminual = Number of years of bond maturity * Number of semiannual in a year = 10 * 2 = 20

Discount amortizaton per semiannual = Discount on bond payable / Total number of seminual = $6,000 / 20 = $300

Carrying value after first interest payment = Proceeds from bond issue + Discount amortizaton per semiannual = $434,000 + $300 = $434,300

Therefore, the carrying value of the bonds immediately after the first interest payment is $434,300.

3 0

3 years ago

When is the acquisition program baseline prepared?

Liono4ka [1.6K]

Answer:

The Acquisition Program Baseline (APB) is developed by the Program Manager (PM) before the initiation of a program for all Acquisition Category (ACAT) programs and depicts the current condition of a program.

Explanation:

8 0

3 years ago

"Mrs. Smith operates a business in a competitive market. The current market price is $8.10. At her profit-maximizing level of pr

Molodets [167]

Answer:

Mrs.Smith should continue to operate the business in the short run but shut down in the long run.

Explanation:

According to the shut down rule, at the profit-maximizing positive level of output, a business in a competitive market should continue to operate in the short-term if the price equals to or is greater than the average variable cost, but should shut down in the long term if the price is less than or equal to total cost. Here,

price = $8.10

avg variable cost = $8.00

avg total cost = $8.25

Mrs.Smith should continue to operate the business in the short run but shut down in the long run.

6 0

3 years ago

Read 2 more answers

How are you involved in the game of economics?

Karolina [17]

Answer:

We are involved in the game of economics when we spend or receive money..

Explanation:

The economy is determined by the movement of money by individuals, groups or corporations.

4 0

3 years ago