is the first step of the marketing process. a. understanding the marketplace, consumer needs, and consumer wants b. capturing value from customers c. delivering superior value d. developing a marketing strategy e. building strong relationships with customers

understanding the marketplace, consumer needs, and consumer wants

lbc corporation makes and sells a product called product wz. each unit of product wz requires 4.1 hours of direct labor at the rate of $20.00 per direct labor-hour. management would like you to prepare a direct labor budget for june. the company plans to sell 28,000 units of product wz in june. the finished goods inventories o