The answer is:
(1) setting the research objectives
(2) identifying possible marketing actions
What is marketing research?
- Market research is the method of deciding the reasonability of a modern benefit or item through research conducted straightforwardly with potential clients.
- Market research permits a company to find the target advertise and get conclusions and other criticism from consumers about their intrigued within the item or service.
- This sort of research can be conducted in-house, by the company itself, or by a third-party company that specializes in advertise inquire about.
- It can be done through overviews, item testing, and center bunches.
- Test subjects are as a rule compensated with item tests or paid a small stipend for their time.
- Market inquire about could be a basic component within the inquire about and improvement (R&D) of a modern item or service.
To know more about the marketing research visit:
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This scenario best illustrate Backward vertical integration
Explanation:
Backward integration is a vertical integration that extends the role of a organization to perform roles traditionally performed by firms in the supply chain.
In other terms, backward integration is where an enterprise imports another company providing the necessary goods or services for production.
For examples, an company might purchase the product or raw materials manufacturer. Businesses often complete retrograde incorporation of these other businesses or combine of them. However, they may set up their own divisions to perform this mission.
Answer:
$1,83,000
Explanation:
Sales = 4,535,000
Cost of goods sold = $2,560,000
Operating expenses = $1,382,000
Average total assets = $4,110,000
Net Income = Sales - Cost of goods sold - Operating expenses
= $4,535,000 - $2,560,000 - $1,382,000
= $5,93,000
Target income = 10% of Average total assets
= 0.10 × $4,110,000
= $410,000
Thus,
Residual income = Net income - Target income
= $5,93,000 - $410,000
= $1,83,000
Answer:
its black? or is it just mine
Explanation:
<u>Explanation:</u>
a. <em>Remember</em>, the PPF (Production Possibility Frontier) framework allows for the selection of a preferred choice as regards budget spending. Hence, in such a situation, it calls for a choice to be made.
b. According to the PPF framework, where there is an increase in the population, it is expected that such change would result in an increase in the labor force capacity; and ultimately leading to an upward shift in the PPF curve. Thereby, increasing the overall production of the economy.
c. Within the PPF framework, a technological change that makes resources less specialized will result also result in an upward shift in the PPF curve.
