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What is the explanation for the main characteristics of business?
The main characteristic of a business is to provide consumers needs and wants.
Why is business activity needed?
Business activity is needed to provide services and goods to satisfy wants and needs as well as to provide jobs. Business activity helps keep the economy going.
When consumers needs and wants are greater than the resources available to satisfy them?
Scarcity.
What function involves activities designed to provide goods and services that fulfill needs and desires of consumers?
22. (p. 7) Which of the following functions involves activities designed to provide goods and services that fulfill needs and desires of consumers?A. AccountingB. EngineeringC. FinanceD. ProductionE. MarketingMarketing includes all the activities designed to provide goods and services that satisfy customer's needs and wants.
What functions involves activities designed to provide goods and services that fulfill needs and desires of consumers?
22. (p. 7) Which of the following functions involves activities designed to provide goods and services that fulfill needs and desires of consumers?A. AccountingB. EngineeringC. FinanceD. ProductionE. MarketingMarketing includes all the activities designed to provide goods and services that satisfy customer's needs and wants.
What is the explanation for the main characteristics of business?
The main characteristic of a business is to provide consumers needs and wants.
Why is business activity needed?
Business activity is needed to provide services and goods to satisfy wants and needs as well as to provide jobs. Business activity helps keep the economy going.
What products and services that satisfy the needs and wants of target customer?
maybe money can satisfy the consumers because they can buy what they want and their needs
When consumers needs and wants are greater than the resources available to satisfy them?
Scarcity.
What do companies call a set of benefits that they promise to consumers to satisfy their needs?
Value.
What function involves activities designed to provide goods and services that fulfill needs and desires of consumers?
22. (p. 7) Which of the following functions involves activities designed to provide goods and services that fulfill needs and desires of consumers?A. AccountingB. EngineeringC. FinanceD. ProductionE. MarketingMarketing includes all the activities designed to provide goods and services that satisfy customer's needs and wants.
What functions involves activities designed to provide goods and service that fulfill needs and desires of consumers?
22. (p. 7) Which of the following functions involves activities designed to provide goods and services that fulfill needs and desires of consumers?A. AccountingB. EngineeringC. FinanceD. ProductionE. MarketingMarketing includes all the activities designed to provide goods and services that satisfy customer's needs and wants.
What functions involves activities designed to provide goods and services that fulfill needs and desires of consumers?
22. (p. 7) Which of the following functions involves activities designed to provide goods and services that fulfill needs and desires of consumers?A. AccountingB. EngineeringC. FinanceD. ProductionE. MarketingMarketing includes all the activities designed to provide goods and services that satisfy customer's needs and wants.
What is the marketing effort done for?
The aim of the marketing effort is to satisfy the needs and wants of consumers
What does the behavior that consumers display in searching for purchasing using evaluating and disposing of products and services that they expect will satisfy their needs is known as?
Behavior that consumers display in searching for, purchasing, using, evaluating, and disposing of products and services that they expect will satisfy their needs is known as sport behavior.
Why is that the study and practice of marketing become useless exercise when consumers seek to satisfy their needs and wants at all costs?
do you agree that since consumers will search for their needs marketing becomes a useless excercises/
Would you consider people to be producers consumers or both?
People can be both producers and consumers. As producers, they create goods or services to meet the needs of others. As consumers, they use resources to satisfy their own needs or desires by purchasing goods or services.
