When a business attempts to provide its customers with the product or service that the customer wants rather than simply trying to sell goods and services, the business is applying ______.

A) the production concept
B) the marketing concept
C) a focus on quality
D) a focus on innovation

Management consulting includes examining the financial statements of companies and expressing an opinion as to the fairness of their presentation.

To ensure that low- and middle-income families have health insurance that they can afford,the Affordable Care Act of 2010:

A) provides government subsidies to low- and middle-income families.
B) provides Medicaid for low- and middle-income families.
C) exempts low- and middle-income families from the individual mandate.
D) forces employers to provide them with health insurance.

Moreland's studies of team training suggest that when group members train individually,they more quickly develop a durable and comprehensive transactive memory.

Journey Company is considering the production and sale of a new product with the following sales and cost data: unit sales price $18; unit variable costs $8.50; and total fixed costs of $81,250.Determine the dollar sales needed to generate a pre-tax income of $44,000,rounded to the nearest whole dollar.

There are four transactions that affect owner's equity.​
(a) What are the two types of transactions that increase owner's equity?
(b) What are the two types of transactions that decrease owner's equity?