FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The systems approach is the component of the marketing concept that refers to ensuring that the right goods and services are produced, distributed, and sold

The systems approach is the component of the marketing concept that refers to
ensuring that the right goods and services are produced, distributed, and sold to meet consumer needs focusing on financial criteria like profit, return on investment, or market share in addition to service identifying the target market and exploring its needs
determining the number of competitors in the market
image text in transcribed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Scheduling In Industry 4.0 And Cloud Manufacturing

Scheduling In Industry 4.0 And Cloud Manufacturing

Authors: Boris Sokolov, Dmitry Ivanov, Alexandre Dolgui

1st Edition

3030431762, 9783030431761

More Books

Students also viewed these General Management questions

Question

★★★★★
A fire on the premises of Bydo Inc. destroyed most of its records. Below is an incomplete set of data for operations in 2016: Instructions Prepare an income statement for 2016. Include separate...

Answered: 1 week ago

Question

★★★★★
Google the GIS data clearinghouse for your state. Go to the clearinghouse website. Does the website use a common coordinate system for the statewide data sets? If so, what is the coordinate system?...

Answered: 1 week ago

Question

★★★★★
3.6 Under Healthy Start, low-income women in the United Kingdom who are pregnant or have a child under 4 years of age can get free vouchers every week to spend on milk, fruits and vegetables, and...

Answered: 1 week ago

Question

★★★★★
Given the following selected account balances of Delray Mfg. prepare its schedule of cost of goods manufactured for the year ended December 31, 2015. Include a listing of the individual overhead...

Answered: 1 week ago

Question

★★★★★
The systems approach is the component of the marketing concept that refers to ensuring that the right goods and services are produced, distributed, and sold to meet consumer needs focusing on...

Answered: 1 week ago

Question

★★★★★
he arguments presented by economists regarding U.S. environmental command-and-control regulations generally Question 13 options: a) accept the goal of reducing pollution. b) question the regulations...

Answered: 1 week ago

Question

★★★★★
1. The Terme Corporation is contemplating the purchase of new equipment, which may potentially increase revenues by 30%. Currently, sales are $720,000 per year and cost of sales are 60% of sales. The...

Answered: 1 week ago

Question

★★★★★
On October 1 of the current year, Molloy Corporation prepared a cash budget for October, November, and December. All of Molloy's sales are made on account. The following information was used in...

Answered: 1 week ago

Question

★★★★★
Mitchell Corporation manufactures a single product. The selling price is $85 per unit, and variable costs amount to $68 per unit. The fixed costs are $16,500 per month. How many units must be sold...

Answered: 1 week ago

Question

★★★★★
a. Design and draw an ER diagram for these application. Specify key attributes of each entity type, and structural constraints on each relationship type. Note any unspecified requirements, and make...

Answered: 1 week ago

Question

★★★★★
3. Capri Boat Corporation uses a job order cost system and applies overhead based on a percentage of direct labor cost. Cost flows through the Work in Process Inventory account during March are given...

Answered: 1 week ago

Previous Question Next Question