Simply stated‚ the marketing concept means that an organization should seek to make a profit by serving the needs of customer groups. The concept is very straightforward and has a great deal of commonsense validity. Perhaps this is why it is often misunderstood‚ forgotten‚ or overlooked. The purpose of the marketing concept is to rivet the attention of marketing managers on serving broad classes of customer needs (customer orientation)‚ rather than on the firm’s current products (production
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The prudence concept Being prudent means THAT YOU ARE CAREFUL ABOUT YOUR FINANCIAL SITUATION. IT MEANS NOT BEING CERTAIN ABOUT HAVING MONEY UNTIL YOU DEFINATLY KNOW YOU WILL BE GETTING IT. The prudence concept means that when you are running a business and trying to figure out what your profits will be you understate your profits rather than overstate them. It also means that you make a record of all the debts or money that you own out of the business and not writing down any anticipated profits
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on a scale from one to seven as Concept of Adaptation Name Course Lecturer Date In the experiment involving sandpaper‚ I rubbed the index finger on the sand paper many times and rated the coarseness as directed. After resting for two minutes‚ I rubbed the index finger for the second time on the same sandpaper. After conducting the experiment for the first time‚ the sand paper felt very rough. The rating was at six. The second time‚ the sandpaper was not as course as
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I learned… As my first GOLD workshop‚ I not only learned important aspects of the program but also focused on various leadership concepts and what qualities we associate with leaders. We were asked to identify a leader in our lives and the characteristics they display and after comparing them to others‚ I found that we all associate similar qualities in those we view as leaders—from thoughtful and understanding to confident and a good listener‚ our ideas of a leader were mutual. We also went over
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Allison Davis- Adolescence and socialized anxiety Allison Davis talks about the socialization as a process by which an individual learns about new way of learning and interacting with the members of a group or a society. He learns to differentiate between the socially acceptable and not so acceptable behavior by positive and negative reinforcement. Davis talks about the concept of socialized anxiety. As during adolescence socialization and social acceptance is very important ‚ if an individual has
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COST CLASSIFICATION CONCEPT OF COST: DEFINITION: A SACRIFICE OR GIVING UP OF RESOURCES FOR A PARTICULAR PURPOSE FREQUENTLY MEASURED BY THE MONETARY UNITS (RUPEES‚ DOLLARS) THAT MUST BE PAID FOR GOODS AND SERVICES . ➢ EMPHASIS ON COST INFORMATION: MANAGEMENT ACCOUNTANTS PAY A LOT OF ATTENTION TO COSTS BECAUSE COST HAVE A VITAL ROLE TO PLAY IN PLANNING ‚ EVALUATING AND DECISION MAKING. FOR EXAMPLE IN PLANNING THE ROUTE AND FLIGHT SCHEDULES THE MANAGER OF AN AIR LINE MUST CONSIDER
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traditional family roles were changed and women took up jobs of men. The lack of restrictions on women in the United States during World War
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THE CONCEPT OF COMMUNITY IS PROBLEMATIC. COMMENT ON YOUTH‚ CULTURE AND POSTCODE RIVALRY IN INNER CITY LONDON Community has been described and interpreted in different ways. It has been explained by different people in their own understanding and views. The concept of community could be associated with the beliefs‚ culture and interests. In this essay‚ the concept of community‚ what it is and the different types of community will be discussed. Also‚ the association between community‚ youth and
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Accounting Principles‚ Concepts and Conventions Accounting principles are guidelines & standards‚ which have been accepted by the accounting profession in preparation and presentation of accounts of the business. It is approved and normally accepted by the government bodies &controlling authorities. Accounting principles are uniform in order to understand in the same sense by those using it. Also they are not rigid (i.e. inflexible) like principle of gravity but they are flexible.
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The concept of learning can be defined as the changing of knowledge‚ skills and behaviors of one person‚ which due to different experiences. As this reason‚ different people may have different understanding about the concept of learning. In my point of view‚ the learning is a continuous process‚ which could help people to acquire new knowledge and skills through understanding. It also provides the different views of thinking and understanding‚ in order to change as a person from inside to outside
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