A. The customer was the focal point in the old definition of marketing.The focal point in the old definition of marketing was the customer.
The primary focus of marketing was on identifying and meeting the needs and wants of customers, rather than just promoting and selling products Old marketing, also known as traditional marketing, refers to the historical approach to marketing that focused on promoting and selling products through mass media advertising, such as television and print ads, rather than directly engaging with customers and understanding their needs and preferences.
It was primarily focused on creating demand for a product, rather than satisfying it. The focal point of old marketing was the product itself, and the goal was to increase sales through large-scale advertising campaigns and promotions.Old marketing, also known as traditional marketing, refers to the historical approach to marketing that focused on promoting and selling products through mass media advertising, such as television and print ads, rather than directly engaging with customers and understanding their needs and preferences.
It was primarily focused on creating demand for a product, rather than satisfying it. The focal point of old marketing was the product itself, and the goal was to increase sales through large-scale advertising campaigns and promotions.
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Shahia Company bought a building for $73,000 cash and the land on which it was located for $110,000 cash. The company paid transfer costs of $15,000 ($5,000 for the building and $10,000 for the land). Renovation costs on the building before it could be used were $32,000.
The total cost of the Building, given the transfer costs and the renovation costs, would be $ 110, 000
How to find the cost of the asset ?When it comes to assets, there is something called a capitalized cost. A fixed asset's cost base on a company's balance sheet is increased by an expense known as a capitalized cost. Fixed asset construction or acquisition involves capitalized costs. Capitalized expenses are recognized over time through depreciation or amortization rather than being expensed in the period in which they were incurred.
To better align the cost of using an asset with the period of time during which the asset is producing income, costs are capitalized.
The capitalized cost for the building is:
= Purchase cost + Transfer cost + Renovation cost
= 73, 000 + 5, 000 + 32, 000
= $ 110, 000
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The question is:
What is the capitalized cost of the building to Shahia Company?
At the beginning of the year Carla vista company had a total assets of 897,000 and total liabilities of 515,000
If total assets increased $140,000 during the year and total liabilities decreased $84,000, gthe amount of stockholders’ equity at the end of the year is $606,000.
How to find the Stockholders Equity?Ending assets = 897,000 + 140,000
Ending assets = 1,037,000
Ending liabilities = 515,000 - 84,000
Ending liabilities = 431,000
Owner's Equity = Ending assets - Ending liabilities
Owner's Equity = 1,037,000 - 431,000
Owner's Equity = 606,000
Therefore we can conclude that the Owner's Equity is the amount of $606,000.
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The complete question is:
At the beginning of the year, Carla Vista Company had total assets of $897,000 and total liabilities of $515,000. (Treat each item independently.)
If total assets increased $140,000 during the year and total liabilities decreased $84,000, what is the amount of stockholders’ equity at the end of the year?
Stockholders’ equity
He had been living in delhi for the past five years. What tense has been used in the sentence?
Answer:
Past perfect tense
1. Is technology by itself enough to ensure high-quality customer service?
Answer:
Explanation:
when Ellery says, "I see we'll have to do it the hard way, 'it creates Tention because it revels. how hard Ellery will have to work to solve the crime.
What impact does time lag between the order and delivery cause on a product?
Jenny is from New Orleans and starts her own interior decoration business. She orders curtains and other drapery material from Malaysia. However, due to lack of valid documents, her consignment remains stuck with customs for three days.
This delay in the delivery of the curtains will directly affect the (BLANK) at which Jenny will now sell the product in the local market.
The delay in the delivery of the curtains will directly affect the price at which Jenny will now sell the product in the local market.
What is time lag?Generally, The term "time lag" is defined by the Britannica Dictionary. [Singular]: a lapse in continuity between two distinct but connected events (such as a cause and its effect) There is a delay between the moment you see a stop sign and the moment your foot actually makes contact with the brake pedal.
A delay or gap that occurs between two occurrences or activities is referred to as time lag. It is also possible to refer to the length of time required for a process or system to react to a change or input.
The term "time lag" comes from the world of finance and refers to the amount of time that passes between when interest rates shift and when there is a corresponding shift in economic activity.
In the field of meteorology, the term "time lag" refers to the amount of time that passes between the occurrence of a change in the weather and the manifestation of that change in other systems, such as agriculture or the distribution of water.
The difference in timing that occurs between two events or activities that are comparable is another definition of time lag.
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Why does the economy produce where short-run aggregate supply (SRAS) and aggregate demand (AD) cross rather than where long-run aggregate supply (LRAS) and AD cross?
Note that the economy produces where short-run aggregate supply (SRAS) and aggregate demand (AD) cross rather than where long-run aggregate supply (LRAS) and AD cross because the SRAS reflects the economy's ability to produce goods and services in the short-term, while taking into account the current utilization of resources and the prices of inputs.
What is the rationale for the above phenomenon?The economy produces where the short-run aggregate supply (SRAS) and aggregate demand (AD) intersect because the SRAS indicates the economy's potential to generate goods and services in the short run while accounting for current resource utilization and input pricing.
Long-run aggregate supply (LRAS), on the other hand, indicates the economy's potential to generate goods and services in the long run, when all inputs, including capital and labor, have adjusted to their optimal levels. As a result, the LRAS curve is often steeper than the SRAS curve. In the short run, the economy will produce where the SRAS and AD intersect, as this indicates the number of products and services that can be produced given existing restrictions and input costs.
Note that Long-term, the economy will ultimately shift to the point where the LRAS and AD meet because all inputs will have had time to adapt to their optimal levels and prices.
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J. Assume that an owner of house orally authorized his agent to sell the house for the minimum price of half a million. The agent agreed of to be the agent for the sale. Is the agency valid agency
Answer:
Yes, the agency is valid. Oral agreements are valid in many jurisdictions, and the agent is legally bound to the terms of the agreement. However, in order for the agency to be legally enforceable, the agreement must be supported by consideration. In this case, the consideration would be the agent's agreement to act as the agent for the sale.
NoraCorp wants to meet a moral minimum of ethical behavior in its operations. It is planning a merger with another company which would cause any or all of the following:
I) Stock price will go up, positively impacting shareholders
II) The company could build a new central headquarters, which would decrease nearby property values
III) The company could fire 200 employees
IV) The company could afford a new production facility, which would negatively impact the environment and landowners' property.
V) The company could offer higher-quality products to customers for lower cost, positively impacting customers.
If NoraCorp wants to meet a moral minimum of ethical behavior in its operations. The statement that is true is: NoraCorp has met its moral minimum requirements.
What is ethical behavior?Ethical behavior can be defined as those behavior that are morally and acceptable example of ethical behavior is to be honest, to be truth worthy, to follow a set rule and regulation and others.
Based on the scenario the company met its moral minimum requirement based on the fact that company is honest as they provide packages to the employees they lay off and they as well have the plans to compensate landowners for damages caused by the new production facility.
Therefore we can conclude that the company met its moral minimum requirements.
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The complete question is:
NoraCorp wants to meet a moral minimum of ethical behavior in its operations. It is planning a merger with another company which would cause any or all of the following:
I) Stock price will go up, positively impacting shareholders
II) The company could build a new central headquarters, which would decrease nearby property values
III) The company could fire 200 employees
IV) The company could afford a new production facility, which would negatively impact the environment and landowners' property.
V) The company could offer higher-quality products to customers for lower cost, positively impacting customers.
NoreCorp decides to move forward with the merger. All of the above events occur, but NoraCorp offers severance packages to the employees it fires and plans to compensate landowners for damages caused by the new production facility. Which of the following is true?
The main focus behind why Equal Exchange is in business is to help out the small farmers and be fair to their needs. This is exemplified by the slogan: "Small Farmers, Big Change." Who is Equal Exchange's main focus and target group to satisfy?
a. Organizational stakeholders
b. Capital market stakeholders
c. Environmental stakeholders
d. Product market stakeholders
The main focus behind why Equal Exchange is in business is to help out the small farmers and be fair to their needs. This is exemplified by the slogan: "Small Farmers, Big Change." Who is Equal Exchange's main focus and target group to satisfy option D. Product market stakeholders
What are product market stakeholders?Product market stakeholders are individuals or groups that are directly or indirectly impacted by a company's products or services. These can include customers, suppliers, and distribution partners. In the case of Equal Exchange, their main product market stakeholders would be the small farmers and their customers who buy and consume the products that the small farmers produce.
Therefore, the correct answer is as given above. It could be concluded that product market stakeholders are main focus and target group in Equal Exchange.
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the amount due from the customer who was billed last month is collected. which one of the following is true
The true option on the amount due from the customer who was billed last month is debit cash and credit accounts receivable. Option D
What is meant by credit accounts receivable?Credit accounts receivable refers to money that a company is owed by its customers for goods or services that have been sold on credit.
When a company sells goods or services on credit, it allows customers to pay at a later date, rather than requiring payment upfront. In these cases, the company will record the sales as credit accounts receivable, which are listed as an asset on the balance sheet.
The company will then collect payment from customers at a later date, and the credit accounts receivable will be converted to cash. Hence the last option is the correct answer here.
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missing option
A. credit accounts payable and debit cash
B. credit cash and debit accounts receivable
C. credit cash and debit accounts payable
D. debit cash and credit accounts receivable
how does the ‘common pool’ operate in insurance?
Answer:
How does insurance pooling work?Insurance pooling is a practice wherein a group of small firms join together to secure better insurance rates and coverage plans by virtue of their increased buying power as a block. This practice is primarily used for securing health and disability insurance coverage.
Explanation:
Answer:
A group of insurers or reinsurers through which particular types of risks (often of a substandard nature) are underwritten, with premiums, losses, and expenses shared in agreed ratios
Explanation:
Emma started a business called memories and melodies she recognized that music socialization and memory challenging activities for senior citizens helped maintain their cognitive skills for longer periods of time
As Emma started a business called memories and melodies she recognized that music socialization The Non-profit work is thereby the Emma.
What is Business?An innovative company or group that engages in professional activities is referred to as a business. They could be industrial, commercial, or something else. Businesses that are for-profit operate to make a profit, whereas those that are nonprofit do so to further a philanthropic cause.
The organization through striving for profits but is intended to use the profits for the social welfare of specific society sections. Such an organization is termed a nonprofit organization
Therefore, Thus option(C) is correct.
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The options are:
Profit
Business
Non-profit.
The personal assets of the owner of a company will not appear on the company's balance sheet because of which principle/guideline? A. Cost principle B. Business Entity C. Monetary Unit 2. Which principle/guideline requires a company's balance sheet to report its land at the amount the company paid to acquire the land, even if the land could be sold today at a significantly higher amount? A. Cost principle B. Business Entity C. Monetary Unit 3. Which principle/guideline directs a company to show all the expenses related to its revenues of a specified period even if the expenses were not paid in that period? A. Cost principle B. Matching principle C. Monetary Unit
The personal assets of the owner of a company will not appear on the company's balance sheet because of which principle/guideline business Entity. Thus, option (b) is correct.
Cost principle, principle/guideline requires a company's balance sheet to report its land at the amount the company paid to acquire the land, even if the land could be sold today at a significantly higher amount. Thus, option (a) is correct.
Cost principle, principle/guideline directs a company to show all the expenses related to its revenues of a specified period even if the expenses were not paid in that period. Thus, option (a) is correct.
What is company?The term "company" refers to legal entities that are lawfully registered under the Company Act. The company's major goal is to increase profits while maintaining goodwill. With the assistance of management, the organization was flawlessly run. Employees are compensated by the company.
The personal assets of the owner of a company not appear in the balance sheet if the company is business.
A company was the acquire the land, even if the land could be sold is cost principle.
Directs a company to show all the expenses is called cost principle.
Therefore, option 1. (b), 2, (a), 3. (a) is correct.
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The FBI wants to determine the effectiveness of their 10 Most Wanted list. To do so, they need to find out the fraction of people who appear on the list that are actually caught.
Step 1 of 2 : Suppose a sample of 455 suspected criminals is drawn. Of these people, 346 were not captured. Using the data, estimate the proportion of people who were caught after being on the 10 Most Wanted list. Enter your answer as a fraction or a decimal number rounded to three decimal places.
True or false 1-a decrease in demand refers to a left ward or down Ward shift of a demands curve ?
Answer:
True. A decrease in demand refers to a leftward or downward shift of the demand curve because it indicates that, at each given price, fewer products are being bought.
o get detailed values of project schedule and cost performance , look at _____ and _____.
Select an answer:
schedule variances; cost variances
Answer:
To get detailed values of project schedule and cost performance, look at schedule variances and cost variances.
As you learned in the unit, social media can be a help or a hindrance when it comes to your career. Name two social media platforms that are used by people to help them in their careers. Describe two ways each of those platforms can provide advantages in a job search and two ways each of those platforms could put job seekers at a disadvantage.
Answer:
Explanation: As previously said, social media can be both advantageous and harmful to your job. As a result, it is entirely dependent on how you used these sites.
(A) LinkedIn :
Advantages:This is a good search tool that may help you identify individuals in your sector and keep you informed about what's going on around you.It is beneficial in acquiring exposure to potential employers.Disadvantages:There is a possibility of identity theft.This platform's time consumption is one of its most significant drawbacks and turnoffs.Learn more about the social media here:
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What are the four stages of the profitability control?
An article in Business Week warned of the dangers of deflation as the collapse of numerous Asian economies was creating worries that Asia might try to "export its way out of trouble" by oversupplying everything from automobiles to semiconductors. Evidence that deflation had become a genuine concern for managers was provided by a statement in the article by John Smith, chairman and CEO of General Motors Corporation: "Fundamentally, something has changed in the economy. In today's age, you cannot get price increases." The article offers advice to managers: "Productivity growth lets companies boost profits even as prices fall." Using short-run production and cost theory comment on this advice.
Answer:
Explanation:
This advice is supported by short-run production and cost theory, which states that firms can increase their profits even when prices are falling by increasing productivity. This can be achieved through cost-cutting measures, such as reducing labor and capital costs, and by increasing efficiency in production processes. By reducing their costs, firms can be more competitive and still realize a profit. Additionally, productivity growth can help firms to produce more goods at a lower cost, thereby increasing the firm's profitability. Thus, the advice given in the Business Week article is in line with short-run production and cost theory.
1. true or false
2. matching
3. choose the best answer
The answers according to the pdf are as follows:
11. D. because marketing is a wide term which involves sales, advertisement etc.
12. B. because the sellers just wanted to sell their products and earn profits.
13. D. because the work of a salesperson involves one on one interaction with the customers.
14. C.
15. C. sales bring money which is used in working capital.
16. D. in the closing stage we get the decision from the client to move forward.
17. C. control function is one of the management functions.
18. B. it means making the products available to the customers in as many stores as possible.
19. A. personal selling involves interaction with customers.
20. C. it is not true because we can people with the required calibre for sales.
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explain the meaning of marginal groups and indicate how these groups can be empowered to participate in economic activities.
5. Show that the cardinal and ordinal approaches have basically the same equilibrium conditions.
The ordinal utility theory, a consumer reaches equilibrium if the indifference curve tangents the budget line. The cause is that, given the consumer's constraints, that position gives amount of benefit.
In India, however many cardinals are there?Two important archbishops, one from each of Syro-Malabar and Syro-Malankara churches, as well as one of the four Latin Church titular patriarchs are among the bishops of India. Five of the six Indian cardinals are elected.
What does the word "cardinal" mean?Nicholas was made a cardinal in 1448. A pledge from Cardinal Winning gave them hope. The golden rule for a salesperson is to go above and beyond to please a customer.
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financial managerial accounting problem 3.7A
Answer:
Explanation:
Problem 3.7A
Northwest Company manufactures a single product. Selected data for the first quarter of the current year are as follows:
Sales ........................ $90,000
Cost of goods sold ............ 42,000
Gross margin ................. $48,000
Selling and administrative expenses ............ 28,000
Net operating income ............ $20,000
In addition, the following information is available:
a. During the first quarter, ending inventories of finished goods were $6,000 more than beginning inventories.
b. Cost of goods sold for the first quarter was composed of $40,000 of direct materials cost, $12,000 of direct labor cost, and $30,000 of manufacturing overhead cost.
Required:
Compute the cost of goods manufactured for the first quarter.
Solution
Cost of Goods Manufactured = Beginning Finished Goods Inventory + Cost of Goods Sold - Ending Finished Goods Inventory
Cost of Goods Manufactured = $0 + $42,000 - $6,000
Cost of Goods Manufactured = $36,000
Therefore, the cost of goods manufactured for the first quarter is $36,000. This can be further broken down into $40,000 of direct materials cost, $12,000 of direct labor cost, and $30,000 of manufacturing overhead cost, as given in the information.
Noah, who owns a small travel agency, holds a meeting with his staff to train them on the use of gender-neutral terms, such as using "staff hours" as opposed to "man-hours." Noah is striving to train his staff to ____________ in order to create a working environment in which everyone is respected and valued.
avoid discriminatory language
be open-minded
educate himself
set SMART goals
Noah is striving to train his staff to avoid discriminatory language in order to create a working environment in which everyone is respected and valued.
How to create a safe work environment?Leaders need to establish the rational case for speaking out before encouraging staff to be open with one another when providing comments and suggestions.
Speaking out when there are safety issues can save lives, which is directly in line with workers' professional objectives both as a group and individually. Leaders may encourage team members to work together toward a single objective by appealing to their motives. By extension, encouraging open dialogue among staff members about diversity and inclusion concerns may relate to the objectives of successful teamwork that results in top-notch goods and services.
Additionally, setting the stage entails redefining failure. Fear of failure prevents some organizations from learning from their errors and progressing.
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which represents a change in social preferences that has had the most direct impact on the entertainment marketing industry
One change in social preferences that has had a significant impact on the entertainment marketing industry is the shift towards streaming services and on-demand content.
With the rise of platforms like Netflix, Hulu, and Amazon Prime, consumers are increasingly opting to watch their favorite shows and movies on streaming services rather than through traditional cable or satellite providers.
This has led to a shift in the way entertainment is marketed and distributed. Instead of traditional TV advertising, companies now need to focus on digital marketing and social media promotion to reach their target audience.
Additionally, streaming services have also changed the way entertainment is produced, with more and more shows and movies being produced specifically for streaming platforms.
Another change in social preferences that has had a significant impact on the entertainment marketing industry is the rise of social media influencers, and the growing importance of influencer marketing.
Social media has allowed influencers to gain a large following quickly, which has led to them being able to reach a large audience with a single post or video. This has led to many influencers becoming brand ambassadors and promoting products and services through their social media channels.
These changes in social preferences have led the entertainment marketing industry to adapt and find new ways to reach their target audience and promote their products.
The Reverend Petros receives an annual salary of 51,000 as full-time minister this includes 5000 designated as a rental allowance River and Pedro is not exempt from employment tax how much must he include figuring that income for self-employed tax
If the Reverend Petros receives an annual salary of 51,000 as full-time minister that includes 5000 designated as a rental allowance. The amount that must be include figuring that income for self-employed tax is : $51,000.
What is annual salary?Annual salary can be defined as the amount a person earn as salary per year.
On the other hand self employed tax can be defined as the tax a person that is solely working for his/her self without working for any other person remit to the government.
Therefore the amount that must be include figuring that income for self-employed tax is the amount of $51,000.
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What are the two main elements that are involved in the measurement of risk?
Answer: The two main elements that are involved in the measurement of risk are probability and impact.
Explanation:
Probability refers to the likelihood that a particular event will occur. It is usually expressed as a percentage or a decimal, with a value between 0 (impossible) and 1 (certain).
Impact refers to the magnitude of the consequences that would result if the event were to occur. It can be measured in terms of financial loss, injury, or other negative outcomes.
Together, probability and impact are used to assess the overall level of risk associated with a particular event or situation. This is typically done by multiplying the probability of an event occurring by the impact it would have if it did occur.
Probability: Probability refers to the likelihood or chance of an event or outcome occurring. In the context of risk, it measures the likelihood of a particular risk event happening. Probability is often expressed as a percentage or a fraction, ranging from 0 to 1, where 0 represents no chance of occurrence, and 1 represents a certain event.
Impact: Impact refers to the potential consequences or severity of a risk event if it does occur. It measures the magnitude of the potential harm or loss that the risk event can cause to an organization or individual. Impact is often assessed in financial terms or other relevant metrics, such as reputation damage, operational disruptions, or safety concerns.
By considering both probability and impact, risk assessments can provide a comprehensive understanding of the potential risks faced by an entity and help in developing effective risk management strategies.
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1. As VP of HR at Pilsner Roofing, the eleventh largest roofing company in the world, you are experiencing turnover problems with the employees who actually install roofs (roofers). General Manager Roy Cranston has asked you to fix the problem. While your primary emphasis might be on having a competitive base pay, you need to decide if there is anything you can do in the incentive department. Before you can make this decision, what information would you like about (a) pay (base + incentive) at major competitors, (b) the nature of the turnover, and (c) next year’s labor budget?
Answer:
Explanation:
a) To accurately assess the pay (base + incentive) at major competitors, I would like to know the exact salaries, wages, and incentives offered to their roofers, as well as any other job-specific benefits they may be providing. This should include details such as the amount of vacation and personal days, as well as any additional perks that could be motivating factors for employees.
b) To determine the nature of the turnover, I would like to see data on the rate of turnover, the average tenure of roofers, the reasons why they are leaving, the age and gender of the employees, and any other demographic information that might be relevant.
c) To gain a better understanding of next year’s labor budget, I would like to know the estimated expenses for hiring and training new employees, the estimated cost of additional incentives, and the potential impact that additional incentives might have on our bottom line. I would also like to know the projected demand for roofers in our local market, as well as the potential costs associated with recruiting and hiring from outside sources.
Can you name me 2 commercial products that donate to nonprofit organization?
Two commercial products that donate to nonprofit organizations are Netflix and Amazon.
What are nonprofit organizations?Nonprofit organizations or non-profit organizations, also known as non-business entities, not-for-profit organizations, or nonprofit institutions, is a legal entities organized and operated for a collective, public or social benefit, in contrast with an entity that operates as a business aiming to generate a profit for its owners. A nonprofit is subject to the non-distribution constraint: any revenues that exceed expenses must be committed to the organization's purpose, not taken by private parties.
An array of organizations are nonprofit, including some political organizations, schools, business associations, churches, social clubs etc.
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Question 6 of 12
Which of the following sources are unreliable?
Select the 3 answer options that apply.
An inaccurate source
A source that isn't relevant to your subject
An untrustworthy source
A source that is current enough for your needs
Answer:
The top three are unreliable
Explanation:
An inaccurate source (can't be trusted)
A source that isn't relevant to your subject (not relevant to your subject)
An untrustworthy source (untrustworthy)
