Explain the connection of human needs and demands in the field of marketing.

Answers

Answer 1

Explanation:

The term "requires or need" refers to items, product or service  that fulfil a particular necessity. Wants are unique orders for individual or specific things. Demands are individual commodity orders for which the customer is ready and prepared to pay. In a business industry, examples are normally very obvious. need and demand always run together.


Related Questions

Which sentences in the passage show how diversity in the workplace is handled correctly?

Jack is a manager in a multinational firm. He is generally known to create teams with people from diverse backgrounds so that they all get to work together. Sometimes these members are from the different parts of the globe. His colleague, Karen, assigns challenging projects only to people who understand English. Jack also motivates all his team members to be tolerant and considerate with people from different cultural backgrounds. However, Karen prefers to work with the younger generation more than people over 40 as older people are generally resistant to changes in the organization.

Answers

Answer:

Jack motivates all his team members to be tolerant and considerate with people from different cultural backgrounds

If Jason can wash a car in 20 minutes and wash a dog in 10 minutes and Megan can wash a car in 15 minutes and wash a dog in 15 minutes, which of the following statements is true? a. Megan can wash two cars in the time it takes Jason to wash a dog. b. The opportunity cost of washing a car is one dog bath for Jason. c. The opportunity cost of washing a car is greater for Megan. d. Jason has both a comparative and an absolute advantage in washing a dog. e. The opportunity cost of washing a dog is lower for Megan.

Answers

Answer:

d. Jason has both a comparative and an absolute advantage in washing a dog.

Explanation:

Comparative advantage in economics is the ability of an individual or country to produce a specific good or service at a lower opportunity cost better than another individual or country.

The comparative advantage gives a country a stronger sales margin than their competitors as they are able to sell their specific products or render their peculiar services at a lower opportunity cost.

In 1817, David Ricardo who is an english political economist talked about the law of comparative advantage in his book “On the Principles of Political Economy and Taxation."

Also, the principle of comparative advantage asserts that countries can become better off by specializing in what they do best.

This simply means that, any country applying the principle of comparative advantage, would enjoy an increase in output and consequently, a boost in their Gross Domestic Products (GDP).

An absolute advantage can be defined as the ability of an individual such as a producer to produce a good or provide a service in larger (greater) quantity for the same amount of money or the same quantity at a lesser cost or time. Thus, it's the superior capability of an individual over another using the same resources.

Hence, the statement which is true is that, Jason has both a comparative and an absolute advantage in washing a dog because he washes it in 10 minutes while it would take Megan 15 minutes.

The primary purpose of the Bretton Woods Conference was to __________.A.find ways to help the poorest economies of the worldB.create a world bank that individuals and companies around the world could utilize for global financial transactionsC.form an international peace organization designed to prevent future conflictD.discuss the prevention of future global economic depressions, as well as strategies to rebuild Europe after WWII Please select the best answer from the choices provided.ABCD

Answers

Answer:

D

Explanation:

on edg:))

The primary purpose of the Bretton Woods Conference was to discuss the prevention of future global economic depressions, as well as strategies to rebuild Europe after WWII Please select the best answer from the choices provided. Thus, option D is correct.

What is a Bretton Woods Conference?

The Bretton Woods Conference's main goals were to examine ways to stop future worldwide financial depressions and how to rebuild post-World War II Europe. Please choose the most appropriate response from the list of options.

The goal of the Bretton Woods Conference was to reach consensus on an international economic system and cooperative framework that would aid nations in recovering from the destruction of war and promote long-term global progress. The establishment of Bretton Woods led to nations pegging their exchange rate to the dollar.

Therefore, option D is the correct option.

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what dose productivity mean​

Answers

Answer:

Productivity means, the act of doing consistent work.

Explanation:

Example: The Factory has gone up by 30% in the last year.

Jenna is working on her productivity so she could pass her class.

Charles wants to work for himself in the Transportation and Logistics career cluster. Which lists the jobs with the
best chance self employment from highest to lowest
O Brownfield Redevelopment Specialists --Taxi Drivers - Mechanics Logisticians
Taxi Drivers - Brownfield Redevelopment Specialists Logisticians - Mechanics
O Logistians - Mechanics - Taxi Drivers - Brownfield Redevelopment Specialists
Mechanics - Logisticians - Brownfield Redevelopment Specialists -- Taxi Drivers

Answers

The second one is the best chance to be self employed at because logisticians require a degree and there is less call for them.

Why can communicating with someone with a different background than yours present challenges?

Answers

Well maybe because of your different culture. Different cultures have different customs and religious and cultural beliefs. Sometimes it can be hard to communicate with someone that doesn’t share similarities or likes with you. So yea. Hope this helps!

Hayden works with flammable chemicals in his career in a perfume factory. Based on that information, which of the following conditions might warrant his higher wage. decision making stress level supervision danger or risks

Answers

The condition that might warrant his higher wage is the danger or risks present in the workplace.

What is the condition of the workplace?

The condition of the workplace present a high hazard because of the  flammable chemicals that can cause serious accident

Hence, the condition that might warrant his higher wage is the danger or risks present in the workplace.

Therefore, the Option D is correct.

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Answer:

D

Explanation:

ill give every answer when im finish dont delete me

At this stage in your life as a student, what investment would you recommend to save a portion of your money for your retirement

A invest in a security that carries higher risk and a higher rate of return

B invest in a low interest savings account

C invest in a checking account so that you can have immediate access to your money

D invest in some "safe" securities so that you can get the highest rate of return​

Answers

Answer:

I don't know

Explanation:

sorry sorry if it's wrong pick b,c, and d

What war was Eisenhower in before he was president?

Answers

Answer:

Pancho Villa Expedition World War I World War II

Explanation:

Dwight David "Ike" Eisenhower fought in the Pancho Villa Expedition, World War I, and World War II.

I hope this helps.

With microfinance, the mechanism of ________ is a way to avoid the problem of imperfect information.

Answers

Answer:

peer lending

Explanation:

With microfinance, the mechanism of ________ is a way to avoid the problem of imperfect information. A) requiring no collateral B) peer lending C) making only small loans D) accepting savings deposits

Imperfect information is when parties to a transaction do not have the same amount of information.

Peer lending is when a borrower is matched with a lender. Information about the borrower is disclosed to the lender. Such information includes :

personal credit quality

age nameeducation gender

this helps to reduce imperfect information

Standard & Poor’s and Moody’s would be least helpful while making decisions concerning the purchase of _____.


municipal bonds


savings bonds


junk bonds


corporate bonds

Answers

Answer:

The correct approach is Option b (Savings bonds).

Explanation:

Securities from either the United States treasury or such an outside approved agency which always demonstrate that the extra revenue was committed to that same administration and therefore is due to the designated individual is considered as Saving bonds.They have been utilized to support their activities by raising financial resources as well as redistributing wealth and infrastructure.

The other given alternatives aren't related to the given scenario. So the above is the right answer.

Which statement is true about ISO 9000?
A.
Only 10 products from an organization can be certified.
B.
Organizations can become certified.
C.
Employees can certify themselves.
D.
Marketing activities can be certified.

Answers

C.organizations can become certified

Answer: B- Organizations can become certified

Explanation: In the lesson it states:

"Here are certain facts about ISO 9000:

ISO 9000 is applicable to any business, regardless of its size or the industry in which it exists.

It includes definitions, requirements, and recommendations for continuous improvement.

ISO 9000 can also provide certifications to organizations.

Over 170 countries have used ISO 9000 certifications in their industries."

Karan has just been offered the position of a store manager. He has observed that his store has been facing a problem of shrinkage in the past months. How can Karan take responsibility for controlling shrinkage?
A.
ensuring the availability of sufficient merchandise at the store
B.
ensuring available stock via a computerized inventory tally
C.
evaluating the average sales per month
D.
informing the head office about store operations
E.
evaluating the performance of staff at the store

Answers

Answer: c

As store shrinkage is the loss of inventory that can be attributed to factors such as employee theft, shoplifting, administrative error, vendor fraud, damage, and cashier error, Karan would have to make sure there is enough products and keep track of the sales/stocks. Thus, I believe that it would be c, so Karan can keep track of the monthly sales. Feel free to let me know if I'm wrong!

Answer:

C.

Explanation:

Evaluating the average sales per month

The GPS SmartSole is a discreet wearable insole that fits in the shoe and provides GPS tracking of the wearer. This product is being marketed as an inexpensive solution for caregivers whose charges are prone to wandering, like those with Alzheimer's disease or autism. When the insoles were first made available to consumers, what was the marketing objective for the company at that early stage of the product life cycle

Answers

Answer:

srry i just had to answer bc my answer was at 69

Explanation:

The marketing objective for the company at that early stage of the product life cycle is Create awareness and stimulate trial.

What is marketing objective ?

Marketing objectives are a list of specific, quantifiable goals created as a component of a marketing plan. Specific goals are set forth in marketing objectives, such as "reduce customer acquisition cost by 10% by the end of the next quarter."

The SMART methodology—specific, measurable, achievable, relevant, and time-based—is frequently used to develop effective marketing goals. Businesses assess their marketing goals using  SMART goals to determine whether they match the requirements for success.

The marketing objective for a product in the introduction stage of the product life cycle is to  create consumer awareness and gain trial.

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WILL MARK BRAINLIEST

From the given balances, find the total of the debit and credit side of the balance sheet.

Answers

Answer:

I think the answer is C

HOPE IT HELPED

AND SORRY IF ITS WRONG

ONE TWO THREE FOUR _______________.

Answers

Answer:

I declare a thumb war?

Explanation:

Answer:

5

Obviously it’s 5 your welcome

WILL MARK BRAINLIEST

Under which accounting head will you include office furniture, industrial machinery, building, computer, and goodwill?


Office furniture, industrial machinery, building, computer, and goodwill are included in the balance sheet in the accounting head of _____
assets.

Answers

Answer:

Fixed assets

Explanation:

How much of your "gross" income should you spend on your rent and housing
expenses?
OA. One third
OB. One fifth
OC. One half.
OD. Two thirds.

Answers

As a general rule, you want to spend no more than 30 percent of your monthly gross income on housing. If you're a renter, that 30 percent includes utilities, and if you're an owner, it includes other home-ownership costs like mortgage interest, property taxes and maintenance.

The strategy for using the elements of product, price, place, and promotion.

A.
marketing strategy

B.
marketing plan

C.
mass marketing

D.
marketing mix

Answers

Should be :
A. Marketing Strategy

Which type of credit is most likely to be unsecured?

auto loans
credit cards
mortgage loans
personal loans]

Answers

Answer:

Last choice) personal loans

Explanation:

As bankers evaluate risk of a derivative, they take into account _____. (Select all that apply.)

-environmental risk

-market change risk

-credit risk

-interest rate risk

Answers

Answer:

Market change risks, credit risks, and interest rate risks must all be taken into account. The only type of risk which does not apply are the environmental risks


Attitude is your belief in your own effectiveness.
Т
F

Answers

Answer:

f

Explanation:

this mf emmanuel made me get it wrong. its false bro trust

Moon Company owns 56 million shares of stock as a long-term investment in Center Company and Moon does not have significant influence over Center. During 2018, the fair value of those shares increased by $34 million. What effect does this increase have on Moon's 2018 adjustments in the statement of cash flows? Group of answer choices No effect. Cash flow from financing activities will be increased. Cash flow from investing activities will be increased. Cash flow from operating activities will be decreased.

Answers

Answer:

No effect.

Explanation:

The Cash Flow Statement only records cash transactions and events. Adjustments to changes in fair value does not depict a cash movement, thus there is no effect on the statement of cash flows for this event.

When you practice cyber-safety, you exclude or eliminate the following information from online accounts and contacts:
O Social Security number
name
personal phone number
personal address

Answers

Answer: All of them

Explanation:

A broker is discussing a new listing with a prospective Mexican-American buyer. The buyer wants to inspect the property immediately, but the owner of the property has instructed the broker, in writing, not to show the house during the owner's three-week absence. The buyer insists on viewing the property. The broker should ___________.

Answers

Answer:

inform the buyer of the seller's instructions

Explanation:

From the question we are informed about a scenerio whereby a broker is discussing a new listing with a prospective Mexican-American buyer. The buyer wants to inspect the property immediately, but the owner of the property has instructed the broker, in writing, not to show the house during the owner's three-week absence. In the case whereby The buyer insists on viewing the property. The broker should inform the buyer of the seller's instructions. A broker can be regarded as a person or firm that set up and arranges kind of transactions between a seller of a property and a buyer so that he can get a commission once the deal is executed. A broker acts and behave as the selleror as a buyer will turn a principal party as regards to the deal.

A broker who could be an individual or firm acts as an intermediary that stay in

between an investor and securities exchange.

It can be a valid choice to not choose or implement any solution.
Please select the best answer from the choices provided
T
F

Answers

Answer:

true

Explanation:

Answer:

True

Explanation:

Took the test got 100%

Terrance has to make home mortgage payments. What can you MOST likely conclude about Terrance based on this fact?​

Answers

Answer:

Terrance owns a house.

Explanation:

Answer:

A. He has a long-term liability.  

Explanation:

c:

please please.pleas help me

What are the advantages and disadvantages of consulting

NO LINKS!!!​

Answers

Answer:

Advantages of Being a Consultant:

You can learn many skills

Consulting allows you to build a powerful network

You get responsible tasks from the beginning

Perfect if you like to travel

You learn to work with the latest technologies

You can work in project teams

Consulting allows you to see many new things

You can work with many clients

Continuous training

You can work with other motivated people in consulting

Consulting teams support each other

You work on demanding projects

Good for your CV

You learn how to deal with stress

Consultants can earn pretty good money

Great exit options

You can work on many projects

Consulting never gets boring

Explanation:

Disadvantages of Being a Consultant:

Pressure in consulting can be high

Strict deadlines are a problem

You will be pushed to your boundaries

Consulting can imply working long hours

You may be away from home during the week

Being a consultant can be lonely

Some people develop mental issues

No real work-life balance

Problematic in case you have children

You have to represent the company

Many of your colleagues will leave

Insecurity regarding what comes next

Great swings in workload

Unsatisfying outcomes

Success greatly depends on the project manager

These statements are true regarding association with a headhunter or recruiter:

headhunters and recruiters work for you

instead of burdening your headhunter or recruiter, you should save time and contact an employer directly

referring other hard workers is appreciated by headhunters and recruiters

headhunters and recruiters work for the employer

Answers

Answer:

instead of burdening your headhunter or recruiter, you should save time and contact an employer directly

Explanation:

Why is it important to start investing for retirement at an early age?

Answers

So you are more experienced when making future investments, you have more positive spending habits and can afford things other may not be able to at that age.

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