Answer:
The correct answer is D) The process of designing, gathering, analyzing, and reporting information that may be used to solve a specific marketing problem.
Explanation:
The definition of marketing research is process of gathering, analyzing and interpreting information about a market, about a product or service to be offered for sale in that market, and about the past, present and potential customers for the product or service; research into the characteristics, spending habits, location and needs of your business's target market, the industry as a whole, and the particular competitors you face
Small changes in consumer demand can result in large variations in orders placed because of the Bullwhip Effect. Thus the correct answer is D.
<h3>What is a consumer?</h3>
The consumer is referred as an end user of any product or service. He is the person who utilizes or takes the benefit of the products purchased. The person who buys a product is called a customer.
Demand estimations result in ineffective supply chains due to the bullwhip effect which is a characteristic of distribution channels. As one moves higher up the supply chain, it informs of increasing inventory variations in reaction to variations in consumer demand.
Therefore, option D Bullwhip effect is appropriate.
Learn more about the Bullwhip effect, here:
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The complete question is attached below-
Small changes in consumer demand can result in large variations in orders placed because of the:
A) Supply chain
B) Safety stock requirement
C) Lead time effect
D) Bullwhip effect
E) FCFS scheduling
Answer:
Answer B
Explanation:
The idea behind long-run aggregate supply is that the output economy produces depends on its resources and available technologies. Prices in the long run have time to adjust and they do so at the level equal to the economy's potential output. At this full employment output, economy is facing with natural rate of unemployment.
Answer: b. 100
Explanation:
With the market being so competitive in the United States, it has always been know that there are so many different products serving the same need to American customers which means that they have to choose from all these different products.
Studies have shown that the average number of these different products is 100 which means that an American shopper has to choose from among 100 times as many products as they actually end up buying.
Answer:
$2,500
Explanation:
Bramble Corp., Inc
Purchase the component part externally $59,000 - $4,000
=$55,000
Direct Materials $23,000
Direct Labor $3,500
Variable Overhead $26,000
Total $52,500
Hence:
$55,000 -$52,500
=$2,500
Therefore the correct make-or-buy decision will be $2,500
