Business, 16.03.2020 18:58 zdejesus4994

The marketing concept involves: a) focusing on customers' wants so that the organization can distinguish its product (or products) from the competitors' products b) satisfying management's needs and wants with the idea of maximizing profits in the short run selling as much product as possible c) under the assumption that people will buy more goods and services if aggressive selling techniques are used selling as much as possible d) under the assumption that consumers will buy more at lower prices focusing on production in order to increase product quality and lower prices

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Answer from: ukyflyfl

The correct answer is A. Focusing on customer's wants so that the organization can distinguish its product (or products) from the competitors' products.

Explanation:

Specifically, the marketing concept involves the following:

Focusing on the needs and wants of the customers so the organization can distinguish its product(s) from competitors’ offerings. Products can be goods, services, or ideas. Integrating all of the organization’s activities, including production and promotion, to satisfy these wants and needs Achieving long-term goals for the organization by satisfying customer wants and needs legally and responsibly

Answer from: Quest

answer: in the short-run firms will respond by raising the price of turkey.

explanation: initially the long-run equilibrium is at a price of $5 per pound of turkey and a quantity of 50 million pounds per year. now, when webmd claims that a protein found in turkey will increase your expected lifespan by 4 years. the consumers demand for turkey will increase at every price shifting the demand curve to the right from d1 to d2. while, there will be no change in the supply curve in the short-run as it is not possible for producers to adjust supply so quickly. as a result the new equilibrium will occur at a higher price and a higher quantity of turkey.

thus, in the short run firms will respond by increasing the price of turkey, selling more quantity at a higher price and earning economic profits.

Answer from: Quest

In the 10th grade, i was teamed up in a group of four. our project was on modern history. altho it seemed super hard for many of us. patrick fleming took charge and showed us the understanding of this project. his leadership showed great ethics and it taught me, personally, how to others understand, not just to show them, but explain it thoroughly. and altho he was a great teacher i would have changed a few things. one being his attitude. many times he would get frustrated and impatient with the group. i think a leader i would have done exactly what he did but with much more patience and be there more to explain. such as lunch learning. and giving everybody a chance to try to explain it in their head.

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