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Amiraneli [1.4K]
1 year ago
9

All businesses have to perform certain functions to sell their products or services and achieve success. Marketing the product o

r service plays an important role in achieving success. Marketing functions are those activities that an organization performs to meet its marketing objectives. Research online and describe any three marketing activities (such as distribution, financing, marketing information management, pricing, selling, promotion, and product/service management), that businesses must perform to achieve their marketing goals. How important are these interrelated functions to business success?
Business
2 answers:
Maru [420]1 year ago
5 0

Answer:

Very important

Explanation:

As supply chain management traditionally has focused on sourcing components, materials and other supplies as well as distribution. Marketing plays an increasingly important role in the process; it balances procurement by providing essential demand information and building the relationships that help improve the efficiency of supply chain operations

Therefore marketing functions as: promotion (inform the benefit of a product ) - pricing (stablish the correct price that comunicates to the intended market) -  marketing information management (monitoring the marketplace, organizing and analyzing the results of data collection, and developing strategies for future marketing activities).

liubo4ka [24]1 year ago
3 0

<u>Answer:</u>

<em>Marketing helps sell your products and services in the market.</em>

<u>Explanation:</u>

Marketing the product or service plays an important role in achieving success. Marketing functions are those activities that an organization performs to meet its marketing objectives.

Marketing is in charge of speaking with clients about items, clarifying who is offering them and why they are alluring. Advertising is likewise in charge of tuning in to clients and imparting back to the supplier about how well they are fulfilling client needs and open doors for development.

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Breeze Inc. receives payment of $800,000 for 4 wind turbines that were delivered and invoiced on credit in the previous month. H
just olya [345]

Answer:

No impact on accounting equation of Breeze Inc.

Explanation:

Account equation: Asset = Liabilities + Shareholders' equity

Upon delivery and invoicing of the 4 wind turbines, the Breeze Inc. had recognized following journal entry:

An asset is recorded

Accounts receivable (Debit)

Sales (Credit)

Upon receipt of cash, accounts receivable is credited and cash is credited e.g. there is no impact on total assets, therefore there is no impact on accounting equation.

3 0
2 years ago
Match each type of GDP with its definition. the market value of all final goods and services produced by resources owned by citi
Firdavs [7]

Answer:

The market value of all final goods and services produced by resources owned by citizens of a particular country in a given year gross GDP

GDP adjusted to base year prices <em>real GDP</em>

GDP divided by population  GDP per capita

GDP adjusted for differences in the cost of living in different countries

<em>GDP power purchase parity</em>

the market value of all final goods and services produced by resources located in a particular country in a given year <em>gross national product GNP</em>

<em></em>

Explanation:

We are mathcing the definition with the term so it is self-explanatory

6 0
2 years ago
Home Services common stock offers an expected total return of 14.56 percent. The last annual dividend was $2.27 a share. Dividen
prohojiy [21]

Answer:

Dividend yield=10.3%

Explanation:

Mv=Do(1+g)/(Ke-g)

MV=?

Do=2.27

g=2.1%

Ke=14.56%

Mv=2.27(1+2.1%)/(14.56%-2.1%)

MV=2.75/(12.46%)

MV=$22.1

Dividend yield=dividend per share/share price per share

Dividend yield=2.27/22.1

Dividend yield=10.3%

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As the television industry has changed in the last few decades from just three major networks to a multiplicity of networks, one
Ket [755]

Answer:

The answer is narrower competitive scope.

Explanation:

In a narrow competitive scope, a business might choose a focus strategy which can be oriented to cost leadership or differentiation. When implementing a focus strategy, the company chooses to only produce goods or provide services to a certain segment of people. In a cost leadership strategy, the business might choose to engage on initiatives that would lead it to be identified from its ability to provide the lowest possible price for its target segment. When choosing a differentiation strategy instead, the company’s competitive advantage would be its ability to provide a wide range of products.

4 0
2 years ago
Which situation is an example of comparative advantage in an international market?
Yanka [14]

Answer:

B

Explanation:

3 0
2 years ago
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