Describe how marketing fits into the management of an organization
What will be an ideal response?
• Marketing is a sub area of management
• Its target audience orientation achieves organizational needs
• Marketing should never compromise the organization's mission—it is not oriented toward "anything goes" just to please the masses
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The premium option in the multiple price tiers created for store brands offers
A. consumers a higher quality than national brands at a higher price. B. consumers a substantial saving without compromising on quality. C. a reduced risk of uncertain sales. D. consumers quality that is comparable to that of national brands. E. retailers a large number of alternatives for getting rid of excess inventory.
On May 31, the Cash account of Tesla had a normal balance of $5100. During May, the account was debited for a total of $12,300 and credited for a total of $11,600. What was the balance in the Cash account at the beginning of May?
A. A $4400 debit balance. B. A $0 balance. C. A $5800 credit balance. D. A $4400 credit balance. E. A $5800 debit balance.
Hebert & Co CPA's anticipates that partners will bill 1,00 . professional hours, managers will bill 7,500 professional hours and staff accountants will bill 25,00 . professional hours. Billing rates are $250, $150 and $75 for partners, managers and staff accountants, respectively. What is Hebert & Co's budgeted revenue?
a. $5,462,500 b. $3,250,000 c. $5,175,000 d. $3,750,000
Which of the following accounts is a permanent account?
A) Building B) Depreciation Expense-Buildings C) Interest Expense D) Service Revenue