For the accurate translation of a foreign entity's financial statement, the weightage average is the combination of accounts and exchange rates.
The process of converting the functional currency financial statements of a foreign entity to the reporting entity's financial statements is known as currency translation.
Assets and liabilities are converted at current exchange rates rather than historical ones when using the current rate approach as opposed to the temporal (historical) method. As a result, there is a significant chance that the current exchange rate will change.
Gains and losses related to this translation are recorded on a reserve account rather than the consolidated net income account, which is utilized in the temporal method, in order to assist reduce this volatility.
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Explain how transferring core credits from a community college and/or testing out of certain courses can save you money when attending college.
Transferring core credits from a community college and/or testing out of certain courses can save you money when attending college. College-level coursework from regionally accredited colleges would often transfer as long as you received a grade of at least "C" (2.0) and the course was comparable in scope and subject to coursework offered at your desired college.
What sets a college apart from a university?The main areas of difference between colleges and universities are program selections and degree categories. Larger institutions that grant both undergraduate and graduate degrees are referred to as universities. Liberal arts colleges, technical schools, and community colleges are all included under the umbrella word "college."
Is Harvard a college or a place of learning?Harvard University includes eight graduate and professional schools in addition to Harvard College, all of which provide courses to students with first degrees who are interested in pursuing master's or doctoral degrees in certain subjects.
It can be cheaper to attend college if you transfer core credits from a community college or if you test out of some courses. As long as you got a grade of at least "C" (2.0) and the course was comparable in breadth and subject to courses offered at your preferred college, college-level courses from regionally accredited colleges may frequently transfer.
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when advertisers make people feel embarrassed about normal body functions or characteristics, they are said to:
Advertisers are accused of pathologizing the human body when they make individuals feel ashamed of their typical bodily functions or traits.
A process of pathologizing. To consider or label as aberrant from a medical or psychological standpoint. Disease is the subject of pathology. Additionally, it is a "normal" divergence from the norm. Pathologizing a behavior entails designating a perfectly normal behaviour as a problem that needs correction, therapy, or medication. Pathologizing is when someone is treated differently or is thought of as aberrant. Symptoms that are either physical or psychological can be pathologized. It might also allude to someone's social standing or physical characteristics. Pathologizing is the practice of making a diagnosis for oneself or another based only on a symptom or preconceived belief.
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What are the factors that affect communicative competence?
Factors that affect communicative competence are psychological, physiological, social status, and power.
Communicative competence refers to knowledge of communicative strategies and the ability to use this knowledge of appropriate communications in an apt context. Many factors affect communicative competence such as physiological factors like age, speech, maturity level, and communicative ability. Psychological factors affecting communicative competence are stress, personality, mood, anxiety, and mental disorders.
Social factors affecting communicative competence are power status and cultural factors. In power status, if a person is in a senior post, people at fewer power posts will not be able to communicate as frequently and fluently as they do with colleagues.
In cultural factors, if a person is French and speaks English as a second language, he/she will not be as fluent in English as in the French language.
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If total revenue increases when a firm sells more units, then marginal revenue is?
The relationship between Marginal and Total revenue is Positive. This implies that marginal revenue is positive as Total revenue rises.
The increase in total income brought on by the sale of one more unit of output is known as marginal revenue (MR). By dividing the change in total revenue by the change in quantity, marginal revenue is obtained. The marginal revenue of a company is R100 if it sells one additional unit for R100. Since it represents the extra money received by selling an extra unit, marginal revenue is directly related to total revenue. The total revenue will keep rising so long as the marginal revenue exceeds the marginal cost of generating a new unit.
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The main characteristics of a pure _____ are a single seller, no close substitutes, a price maker, blocked entry, and non-price competition.
The main characteristics of a pure monopoly are a single seller, no close substitutes, a price maker, blocked entry, and non-price competition.
What are the prices and examples?A price is the amount of money that is (often not adversely) exchanged from one party to the other in exchange for their goods or services. The cost of manufacturing may go by another name in some situations.
What is an example of a basic price?The basic price is the amount that the relevant sources from the buyer for each unit of a thing or services delivered as output, less any taxes that are due and any subsidies that the producer is eligible to as a result of the good or service's production or sale. Any transportation fees that the producer separately invoiced are not included.
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The stock of nogro corporation is currently selling for $10 per share. Earnings per share in the coming year are expected to be $2. The company has a policy of paying out 50% of its earnings each year in dividends. The rest is retained and invested in projects that earn a 20% rate of return per year. This situation is expected to continue indefinitely.
Assuming the current market price of the stock reflects its intrinsic value as computed using the constant-growth DDM, what rate of return do Nogro's investors required rate of return = 10%.
Also, if all earnings were paid as dividends and nothing were reinvested there is no growth then Return on Equity will be equal to the Required rate of return. Hence there won't be any change. a cut in the dividend payout to 25% will have no effect or impact and as such the stock price will remain the same.
The question is in three parts and will be answered accordingly
a) Required Yield = (Next Year's Expected Dividend / Current Stock Price) + Growth Rate
First, calculate the expected dividend per share for the next year
expected dividen = Earnings per share x Dividend payout ratio
expected dividen = $2 / $10 = 20D
We then calculate the return on equity as follows:
ROE= expected earnings per share / current selling price
ROE= $2 x (1-50%) = 10D
Third, growth rate = Return on Equity x (1 - Payout Percentage)
growth rate = 20% x (1-50%) = 10%
Use this in the required rate of return formula.
rate of return = ($1 /$10) +10% = 20%
b) First, assume that all income was paid out as dividends without reinvestment. In this scenario, lack of reinvestment means no growth. In the absence of growth, return on equity is the return you need. So no change.
c) Return on equity is the required rate of return, so this means that reducing the dividend payout to 25% has no impact or effect, so the share price remains the same.
Eliminating the dividend entirely will not affect the stock price.
your question is incomplete but most probably the full question was
The stock of Nogro Corporation is currently selling for $10 per share. Earnings per share in the coming year are expected to be $2. The company has a policy of paying out 50% of its earnings each year in dividends. The rest is retained and invested in projects that earn a 20% rate of return per year. This situation is expected to continue indefinitely.
a. Assuming the current market price of the stock reflects its intrinsic value as computed using the constant-growth DDM, what rate of return do Nogro's investors require?
b. By how much does its value exceed what it would be if all earnings were paid as dividends and nothing were reinvested?
c If Nogro were to cut its dividend payout ratio to 25%, what would happen to its stock price? What if Nogro eliminated the dividend?
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if the direct labor rate variance is $500 favorable, and the direct labor efficiency variance is $250 unfavorable, the journal entry will include a:
Variation in the debit to DL efficiency and variance in credit to the DL rate.
What is variance?In probability theory and statistics, variance is the expectation of the squared deviation of a random variable from its population mean or sample mean. Variance is a measure of dispersion, meaning it is a measure of how far a set of numbers is spread out from their average value.The term variance refers to a statistical measurement of the spread between numbers in a data set. More specifically, variance measures how far each number in the set is from the mean (average), and thus from every other number in the set. Variance is often depicted by this symbol: σ2. It is used by both analysts and traders to determine volatility and market security.The square root of the variance is the standard deviation (SD or σ), which helps determine the consistency of an investment’s returns over a period of time.To learn more about Variance refer to:
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the supply chain operations reference (scor) model function that entails all order management activities from processing customer orders to routing shipments, managing goods at distribution centers and invoicing the customer is called .
The DELIVER service in the Supply Chain Operations Reference (SCOR) Model handles all aspect of order administration, form entering orders placed to scheduling shipping.
overseeing inventory at redistribution locations, and billing the consumer.
Does the department purchase all the necessary commodities from outside vendors, including natural resources, subassemblies, equipment, skills, as well as other things?
The management system is a set is handled by procuring. In order for manufacturing and sales to proceed smoothly, it secures the supply of commodities, supplies, and tools.
The Supply Chain Operations Reference (SCOR) Models activity known as SOURCE is responsible for acquiring products and services to satisfy anticipated or real needs.
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the closed fund is a closed-end investment company with a portfolio currently worth $255 million. it has liabilities of $3 million and 5 million shares outstanding. required: a. what is the nav of the fund? (round your answer to 2 decimal places.) b. if the fund sells for $47 per share, what is its premium or discount as a percent of nav? (input the amount as a positive value. do not round your intermediate calculations. round your answer to 2 decimal places.)
The premium or the discount as percent of NAV of the company is 8.6%.
What is NAV?Net asset value is calculated by dividing the total number of outstanding shares by the net worth of an investment fund's assets less its liabilities. NAV is the price at which shares of funds that are registered with the U.S. Securities and Exchange Commission (SEC) are exchanged, and is most frequently used in relation to mutual funds or exchange-traded funds (ETFs). Net assets, net worth, or capital of the company are terms used to describe the difference between assets and liabilities for businesses and other legal entities. The fund valuation and price are referred to as NAV, and they are calculated by dividing the difference between assets and liabilities by the number of shares held by investors.
The premium or discount as percent of NAV is
= ($36 - $39.40) ÷ ($39.40)
= -0.086
This represents discount of 8.6%
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the fact that a monopoly has to take the shapes of marginal cost and marginal revenue into account when making decisions is reflected in the fact that question 30 options: a) monopolies are subject to market failure. b) monopolies have shifting demand curves. c) monopolies don't have a supply curve. d) monopolies have the same supply curve as perfectly competitive firms.
For monopolies, marginal price curves are upward sloping and marginal revenues are downward sloping.
The marginal income curve for the monopoly company lies beneath its demand curve. It indicates the extra income received from promoting an additional unit.
What is the normal shape of a marginal income curve for a monopolist Why?The usual shape of a marginal income curve for a monopolist is downward sloping as the addition of each additional unit will enlarge the output which will reduce the charge of the output. The inverse relation between the charge of a output and its quantity shows the downward sloping nature of the curve.
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https://brainly.com/question/7217942#SPJ4windsor, inc. is considering purchasing equipment costing $42000 with a 6-year useful life. the equipment will provide annual cost savings of $10216 and will be depreciated straight-line over its useful life with no salvage value. windsor requires a 10% rate of return. present value of an annuity of 1 period 8% 9% 10% 11% 12% 15% 6 4.623 4.486 4.355 4.231 4.111 3.784 what is the approximate internal rate of return for this investment? 10% 11% 9% 12%
12% is the approximate internal rate of return for this investment, so the correct answer is 12%.
What is inner fee of interest?Internal price of return or IRR is that charge of return at which NPV from the above funding & money flows will come to be zero. IRR is the rate of pastime that makes the sum of all cash flows zero, and is useful to evaluate one funding to another.
Why is it referred to as the internal rate of return?Internal Rate of Return (IRR) is one such technique of capital budgeting. It is the price of return at which the net current price of a undertaking becomes zero. They name it 'internal' due to the fact it does not take any external aspect (like inflation) into consideration
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https://brainly.com/question/13373396#SPJ4What are the transactions that the balance of payments accounts record?
the ______ account records receipts from exports of goods and services sold abroad, payments for imports of goods and services from abroad, and ______.
What are the transactions that the balance of payments accounts record?
The current account records receipts from exports of goods and services sold abroad, payments for imports of goods and services from abroad, and capital flows.
It is one of the two components of its balance of payments, together with the capital account (also known as the financial account). A current account is a bank or savings account that you can access personally and withdraw money from whenever you need to using a checkbook or cash card. He had a substantial amount of money owing. The current account is the difference in value between an economy's exports and imports over a certain time period.
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what is the profit-maximizing combination of labor and capital the firm should use? explain. what is the resulting level of output? what is the economic profit? is this the least costly way of producing the profit-maximizing output?
The profit-maximizing combination used must be of cost-minimizing approach.
The profit-maximizing combination of labor and capital is the combination of inputs resulting in highest profit. To determine, the firm needs to consider factors, like labor and capital prices, production function, and market demand for products. To find the profit-maximizing combination of labor and capital, a firm can use a cost-minimizing approach. This involves determining least-cost combination of inputs allowing firm to produce a given level of output. The profit-maximizing combination of inputs will result in the lowest cost per unit of output, which will maximize the firm's profits.
Economic profit is a measure of profit considering opportunity cost of inputs used in production. In profit-maximizing combination of labor and capital, the economic profit would be the profit generated by the firm using this combination of inputs, taking into account the opportunity cost of the inputs. This would be the difference between the total revenue generated by the firm and the total opportunity cost of the labor and capital used in production. Overall, the profit-maximizing combination of labor and capital for a firm will depend on the specific circumstances of the firm and the market in which it operates and can be the least costly way.
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On december 1, hansen co. Borrowed $100,000 cash from national bank by signing a 90-day, 6% interest-bearing note. On december 31, hansen recorded an adjusting entry to record interest expense of $500. On march 1, the due date of the note, hansen will record interest expense as a (debit/credit) ________ in the amount of.
On March 1, the due date of the note, Hansen will record interest expense as a debit in the amount of $600.
Interest expense is the cost associated with borrowing money in the form of loans, bonds, and lines of credit. It is the amount paid to lenders for the use of their money and is typically reported as a line item on an income statement.
On March 1, Hansen will record interest expense as a debit in the amount of $600 ($100,000 x 6% x 90/360). The adjusting entry on December 31 was to record the interest accrued on the note between December 1 and December 31 ($100,000 x 6% x 30/360 = $500). Therefore, the interest payable on March 1 is the amount of the loan times the interest rate times the number of days outstanding ($100,000 x 6% x 90/360 = $600).
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What is tampered box?
Tampered box is used for tamper evident food packaging that is designed with unique closures.
Tampered boxes with a built-in tear strip are perfect for identifying if someone has interfered with your shipments as they cannot be reattached after being removed.
Tamper evident provides visual evidence that the product has been previously opened. Self-seal mailers and postal wraps. The designed of tampered box with unique closures which makes it apparent if it is opened or not.
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on the statement of cash flows, which of the following cash flow elements should be presented immediately after the net cash flow from operating activities? a.beginning cash balance b.cash flows from investing activities c.cash flows from financing activities d.ending cash balance
On the statement of cash flows, of the following cash flow elements should be presented immediately after the net cash flow from operating activities Cash flows from investing activities.
Which of the following components of the cash flow should be shown first on the cash flow statement?The cash generated by activities, investments, and financing is included in the cash flow statement as net cash flow. The cash flow from operations area of the cash flow statement is where transactions from all operational business activities are included.
What things ought to be listed in a cash flow statement?payments received through the sale of products and services.
Interest charges.
tax payments on income.
the sums paid to vendors of the supplies and services required for production.
Employees receive their salaries and wages.
rent obligations.
any additional operating costs of any kind.
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successful marketers adjust their product offerings as the level of economic activity changes. successful marketers adjust their product offerings as the level of economic activity changes. false true
Successful marketers adjust their product offerings as levels of economic activity change. Marketers adjust their product offerings as levels of economic activity change true.
A marketer is someone who promotes an organization's products and services. They identify strategies that can increase sales and revenue while ensuring that these strategies match customer needs and market demands.
A marketer is a person responsible for creating the chain of ownership between the customer and the product or service offered by the company. This engagement is achieved by maintaining a large inventory of products for shipping or by properly promoting your products to drive big sales.
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the gaap solution for avoiding distortions that would result from setting income tax expense equal to taxes owed is called:
Interperiod Tax Allocated is the gaap solution for avoiding distortions caused by setting income tax expense equal to owed taxes.
Interperiod Tax Allocated is the gaap solution for avoiding distortions caused by setting income tax expense equal to owed taxes. The temporary difference between a business's normal financial reporting as required by an accounting framework like GAAP or IFRS and the effects of tax policy on that reporting is known as an interperiod tax allocation. An interperiod tax allocation, also known as a comprehensive tax allocation, is required to ensure that the obligation determined when calculating accounting income and the income tax expense shown in financial statements are in line. The interperiod allocation conforms to federal and state income tax regulations and Generally Accepted Accounting Principles.
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what are the key components of an effective goal-setting phase in the hr planning process? (select all that apply.) multiple select question.
The key components of an effective goal-setting phase in the HR planning process:
- forecasting labor market issues
- implementing and assessing a program
- establishing objectives and strategy
What is market ?In economics, a market place is a composition of systems, institutions, procedures, social family members or infrastructures wherein events interact in trade. While events can also additionally trade items and offerings through barter, maximum markets rely upon dealers supplying their items or offerings to consumers in trade for money. A market place is described because the sum general of all of the consumers and dealers with inside the place or area beneath consideration. The place can be the earth, or countries, regions, states, or cities. The value, fee and charge of objects traded are as in step with forces of deliver and call for in a market place. A market place is an area wherein consumers and dealers can meet to facilitate the trade or transaction of products and offerings. Markets may be bodily like a retail outlet, or digital like an e-retailer. Other examples consist of unlawful markets, public sale markets, and monetary markets.To learn more about market from the given link :
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What part of the government is responsible for collecting taxes?
The tax agency is the part of the government which is in charge of tax collection.
The tax agency depends on the ministry of finance and public administrations.
What is tax?It is the amount of money that people must pay to the government to contribute to public expenditures, the amount of taxes is increased on the products or services that people acquire.
Taxes are important because they are a source of income for countries, which allows for economic growth that generates benefits in countries. A clear example of taxes is the value added to products that are paid after their acquisition.
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what are the four important decisions made when developing an advertising program? list them in order.
The four important decisions made when developing an advertising program are setting advertising objectives, setting the budget, developing an advertising strategy, and evaluating its effectiveness.
We must convey the worth of our product or service's benefits to customers after establishing a good product and service. So, we must inform customers about our offerings. And this method of communication is known as an advertising program.
The three basic goals of advertising are to inform the public about a product or service, convince them to make a purchase or take action and reinforce and remind them of the brand's message.
Publicizing a product or service through compensated announcements made by a specific sponsor is known as advertising. Advertising is any paid method of a known sponsor's non-personal presentation and promotion of ideas, products, or services.
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the market quantity in a perfectly competitive market is 600. if there are 3 firms in a costless cournot-style oligopoly market, what quantity will be sold?
450 quantity will be sold if there are 3 firms in a costless Cournot-style oligopoly market.
What is an oligopoly market?In oligopoly markets, a limited number of suppliers control the market. They are present in every nation and a wide variety of industries. While some oligopoly markets are much more competitive than others, others can at least appear to be so.
Raised entry hurdles, the ability to set prices, non-price competition, company interdependence, and product differentiation are all traits of an oligopoly.
Oligopoly is a type of imperfect competition that is typically characterized as competition among a small number of parties.
Therefore, oligopoly exists when there are two to ten vendors selling similar or distinct goods in a market. The market for cold drinks is a prime illustration of an oligopoly.
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if total revenue increases when a firm sells more units, then marginal revenue is:_______
if total revenue increases when a firm sells more units, then marginal revenue is: marginal revenue is positive.
If marginal revenue is positive, total revenue will increase when the firm sells one more unit of output. In this question, however, total revenue decreases when the firm sells one more unit of output.
If you describe some thing as marginal, you mean that it is small or not very essential. this is a marginal improvement on October. Synonyms: insignificant, small, low, minor greater Synonyms of marginal. adjective.
Revenue is the entire quantity of earnings generated via the sale of goods or services associated with the agency's primary operations. sales, additionally called gross sales, is often called the "top line" as it sits on the top of the income statement. earnings, or internet income, is a organization's general income or profit.
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to pay for social insurance programs administered by the social security administration, employers, employees, and the unemployed must contribute. t or f
Employers, employees, and unemployed people must all make contributions to the social insurance systems that the Agency manages.
What kind of insurance is that?Your survivors will benefit financially from your life insurance. If you experience a terrible accident or sickness, health insurance will shield you from crippling expenses. You are shielded against an unanticipated loss of income by long-term incapacity. You are shielded from the cost drain of a costly accident thanks to auto insurance.
What is the insurance industry's introduction?In an insurance agreement, the insurer is responsible for covering a party's losses due to specific disasters or risks. It protects the insured person or their family against financial loss. There are several different types of insurance coverage. Life, health, house, and auto insurance are the most common kind.
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under which structure of horizontal differentiation is the world divided into geographic areas where each area is a self-contained, largely autonomous entity with its own set of value creation activities? multiple choice question. functional product divisional worldwide area regional responsive
A global product division hierarchy involves I am in charge of the headquarters, which is diverse. the company's strategic development. From the inquiry, we learn that in Each subsidiary of Firm .
A operates independently, mostly autonomous organisation that is fully accountable for its own value-generating actions. Here's an illustration
the aforementioned framework.Employees are split up into independent sections. in a structure based on products, referred to a divisional structure, depending on the particular they produce a line of products or services. the customers both the region they cover and the services they provide. Individuals are organised into divisions.based on the product or service they provide offer as opposed to the work they do. a massive an organisation like General Electric, sections dedicated to electronics, transportation, and each with their own team of accountants, aviation advertisers, etc.
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, what management theory suggests that people will perform better when they are offered a reward that motivates them?
A behavioral theory called the incentivisation theory to motivate contends that people are driven by a desire for rewards and reinforcement.
The behavioral approach also proposes that students avoid behaviors that can result in dismissal and engage in behaviors they think will lead to rewards.
Which of the following actions can managers use to inspire staff members using the expectation theory?
Employing the expectation theory, supervisors can motivate staff by showing faith in their capacity to handle responsibilities despite apparent complexity and limitations. Praise staff members who do well and motivate others to exert more effort and deliver better results.
Which of the intrinsic motivational theorists apply to you?
Four main process theories exist: Classical conditioning, justice, objective, and expectancy are listed in that order.
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what are your motivations for pursuing a career in sales? why do you believe you will be successful? bloomberg
Numerous opportunities are available at Bloomberg in the fields of engineering, sales, and data. It offers competitive compensation, respectable prospects for advancement, and a positive work atmosphere as a sizable private corporation that leads the market.
Bloomberg is a prominent international source of real-time and archived pricing data, financials data, trading news, analyst coverage, as well as general news and sports. Bloomberg also provides information on general news and sports. Its services provide financial professionals with expert analytical tools throughout its own platform, television, radio, and periodicals. The Bloomberg Terminal, an integrated platform that delivers pricing data, financials, news, and trade data to more than 300,000 subscribers worldwide, is one of Bloomberg's major revenue generators. Michael Bloomberg established Bloomberg as a technology provider of financial analytics and information in 1981. Within its first ten years of operation, the company saw itself develop from its flagship Bloomberg Terminal to over 10,000 installed terminals. It subsequently increased.
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an aging of a company's accounts receivable indicates an estimate of uncollectible accounts of $4,436. if allowance for doubtful accounts has a $1,264 credit balance, the adjustment to journalize the bad debt expense for the period will require a
A contra account that subtracts from the total receivables shown on the balance sheet to only reflect the amounts anticipated to be paid is known as an allowance for doubtful accounts. The percentage of accounts receivable that are anticipated to be uncollectible is estimated by the allowance for doubtful accounts. However, customers' actual payment habits may differ significantly from the estimate.
A credit-based transaction always carries the risk of not receiving payment, regardless of the company's credit collection policies and procedures. As a result, a business must acknowledge this risk by setting aside money for questionable accounts and compensating for bad debt expenses. This makes sure that expenses related to the sale are recorded in the same accounting period as the revenue is earned, in accordance with the matching principle of accounting. Companies are also able to accurately estimate the actual value of their account receivables thanks to the allowance for doubtful accounts. An organization does not know for sure which specific receivables will be paid and which will default due to the fact that the allowance for doubtful accounts is established during the same accounting period as the initial sale. Therefore, the allowance must be established during the same accounting period as the sale, according to generally accepted accounting principles (GAAP), but it can be based on an anticipated or estimated figure. The stipend can amass across bookkeeping periods and might be changed in view of the equilibrium in the record.
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which workforce development model places a community-based organization at the center and provides information and ties to providers and resources?
A community-based organization serves as the hub of the hub and spoke workforce development paradigm, providing information and connections to service providers and resources.
Unsurprisingly, the hub and spoke distribution network resembles a bicycle wheel. Each spoke of the delivery system moves in one direction and converges at the hub, which is located in the center.
New and innovative ways to use space for human connection are made possible by technology. The future of the workplace is a prime illustration of this. The hub-and-spoke architecture gives workers the option to work from remote "spokes" in addition to a central "hub" where they may congregate.
Any location where a person may be productive, not only a traditional workplace, qualifies as a spoke. This can be a home office, a coffee shop, or even a satellite location; a spoke can have 50 or one outpost.
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the marketing concept emphasizes a. implementing the highest level of technology, the firm can support b. creative approaches to advertising and selling c. focusing on the engineering aspects of product design and production d. a company-wide consumer orientation with the objective of long-run success e. realizing short-run profits by aggressively selling what the firm can produce
A few factors are highlighted by the marketing concept, one of which is supported by the information below.
What of the following is true?With a focus on long-term profitability, the market concept stresses a consumer-oriented culture across the entire organization.
What emphasizes the marketing concept?The buyer's needs are the main emphasis of the marketing concept. The seller's need to turn their product into money dominates the sales concept. The marketing concept is focused on the idea of using the product to meet the wants of the consumer and alleviate their issue (needs).Marketing is the process of getting the right goods or services or ideas to the right people at the right place, time, and price.
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