A sales-oriented firm defines its mission in terms of benefits its customers seek, while a market-oriented...
A sales-oriented firm defines its mission in terms of benefits its customers seek, while a market-oriented firm defines its business in terms of goods and services. t or f
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It is false and actually it is other way
A sales oriented firm defines its business in terms of benefits its customers seek while market oriented firm defines its business in terms of benefits its customers seek
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A sales-oriented firm defines its mission in terms of benefits
its customers seek, while a market-oriented...
Need help answering marketing questions. Which statement best defines a market? - organizations with products that...
Need help answering marketing questions. Which statement best defines a market? - organizations with products that satisfy people’s needs and wants. - people with a need and a want for a product. - people with the desire and ability to buy a product. - People with the desire and the need for a product. 2. The Detroit Institute of Art (DIA) creates a series of ads featuring upcoming exhibits. Frank, after seeing the ads, spent several days at the DIA...
Tara (a U.S. firm) has no subsidiaries and presently has sales to Mexican customers amounting to...
Tara (a U.S. firm) has no subsidiaries and presently has sales to Mexican customers amounting to MXP98 million, while its peso‑denominated expenses amount to MXP61 million. If it shifts its material orders from its Mexican suppliers to U.S. suppliers, it could reduce peso‑denominated expenses by MXP19 million and increase dollar‑denominated expenses by $1,800,000. This strategy would _______ the Tara’s exposure to changes in the peso’s movements against the U.S. dollar. Regardless of whether the firm shifts expenses, it is likely...
A firm has a total market value of $10 million while its debt has a market...
A firm has a total market value of $10 million while its debt has a market value of $4 million. What is the after-tax weighted average cost of capital if the before-tax cost of debt is 10 percent, the cost of equity is 15 percent, and the tax rate is 21 percent? (Round to the nearest decimal place). Multiple Choice 13.0 percent 12.2 percent 8.8 percent 10.4 percent
A business maintains subsidiary accounts for each of its customers. On April 7, the business provides...
A business maintains subsidiary accounts for each of its customers. On April 7, the business provides $2,500 in services to Anne Hill on account. The business sells $4,000 (sales price) of merchandise inventory to Ron Wilson on account. The full amount was collected from each customer on April 26. Prepare the journal entries for April 7 and April 26. Ignore Cost of Goods Sold and omit explanations.
Blanca (a U.S. firm) has no subsidiaries and presently has sales to Mexican customers amounting to...
Blanca (a U.S. firm) has no subsidiaries and presently has sales to Mexican customers amounting to MXP98 million, while its peso‑denominated expenses amount to MXP61 million. If it shifts its material orders from its Mexican suppliers to U.S. suppliers, it could reduce peso‑denominated expenses by MXP19 million and increase dollar‑denominated expenses by $1,800,000. This strategy would _______ the Blanca’s exposure to changes in the peso’s movements against the U.S. dollar. Regardless of whether the firm shifts expenses, it is likely...
E. Credit terms A company is contemplating changing its terms of sale to allow customers to...
E. Credit terms A company is contemplating changing its terms of sale to allow customers to purchase its products on account. a. current level of sales ($15 million) b. current EBIT as a percent of sales (5%) c. current fixed costs ($5 million) d. Determine the percentage variable costs that result in the selected level for EBIT. d. inventory turnover (5) e. expected additional sales (10%) f. expected portion of future sales that remain cash sales despite the change in...
25 The conditions under which a firm sells its goods and services for cash or credit...
25 The conditions under which a firm sells its goods and services for cash or credit a. collection policy b terms of sale с terms of endearment d credit contract 26 When a purchaser is presented with trade terms such as 2/10 net 30, we call this a. a sales discount b a trade or purchase discount с a service contract a term contract
1. What consumer wants (or benefits) are met by the following products or services? (a) 3M...
1. What consumer wants (or benefits) are met by the following products or services? (a) 3M Post-it Flag Highlighter, (b) Nike running shoes, (c) Hertz Rent-A-Car, and (d) Amazon online shopping. 2. Each of the four products, services, or programs in question 1 has substitutes. Respective examples are (a) a Bic highlighter, (b) regular tennis shoes, (c) an Uber or Lyft ride, and (d) a department store. What consumer benefits might these substitutes have in each case that some consumers...
A startup firm in a perfectly competitive market finds that its average total cost is higher...
A startup firm in a perfectly competitive market finds that its average total cost is higher than the market price. Since the firm is incurring short-run losses, the management is debating whether to continue operations. Alex Ferguson, a senior manager, feels that this is a temporary phase and the firm should continue operations. Which of the following, if true, would weaken Alex's argument? A. A few of the existing competitors have raised the prices of their products. B. The firm...
Consider a firm facing market demand qa p with a > 0; its cost of production c0 (a)(2pt] Find the optimal price...
Consider a firm facing market demand qa p with a > 0; its cost of production c0 (a)(2pt] Find the optimal price p for this firm. In the questions below, consider only pure strategies Assume next for the questions that follow below that there are two firms, each with zero cost of production, who together face the market demand q 1 p. Firm l supplies the quantity q1 to the market. After observing this quantity, Firm 2 sets the price...
E. Credit terms A company is contemplating changing its terms of sale to allow customers to purchase its products on account. a. current level of sales ($15 million) b. current EBIT as a percent of sales (5%) c. current fixed costs ($5 million) d. Determine the percentage variable costs that result in the selected level for EBIT. d. inventory turnover (5) e. expected additional sales (10%) f. expected portion of future sales that remain cash sales despite the change in...
25 The conditions under which a firm sells its goods and services for cash or credit a. collection policy b terms of sale с terms of endearment d credit contract 26 When a purchaser is presented with trade terms such as 2/10 net 30, we call this a. a sales discount b a trade or purchase discount с a service contract a term contract
1. What consumer wants (or benefits) are met by the following products or services? (a) 3M Post-it Flag Highlighter, (b) Nike running shoes, (c) Hertz Rent-A-Car, and (d) Amazon online shopping. 2. Each of the four products, services, or programs in question 1 has substitutes. Respective examples are (a) a Bic highlighter, (b) regular tennis shoes, (c) an Uber or Lyft ride, and (d) a department store. What consumer benefits might these substitutes have in each case that some consumers...
Consider a firm facing market demand qa p with a > 0; its cost of production c0 (a)(2pt] Find the optimal price p for this firm. In the questions below, consider only pure strategies Assume next for the questions that follow below that there are two firms, each with zero cost of production, who together face the market demand q 1 p. Firm l supplies the quantity q1 to the market. After observing this quantity, Firm 2 sets the price...
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