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azamat
2 years ago
10

The process of planning, collecting, and analyzing data relevant to a marketing decision is called?

Business
1 answer:
mixas84 [53]2 years ago
4 0

The process of planning, collecting, and analyzing data relevant to a marketing decision is called Marketing research.

Market research is the practice of evaluating the viability of a new service or product by interviewing prospective customers firsthand. Market research enables a business to identify the target market and obtain consumer comments and other input regarding their interest in the good or service.

This kind of research can be carried out internally, by the business itself, or by an outside market research firm. Surveys, product testing, and focus groups are all viable methods. Typically, test subjects receive free product samples or a small stipend in exchange for their time. The development of a new product or service requires extensive research and development (R&D).

Learn more about marketing research here:

brainly.com/question/14663280

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An insurance company is likely to attract customers like Clancy who want to purchase insurance because he knows better that the
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Answer: adverse selection

Explanation:

From the question, we are told that an

insurance company is likely to attract customers like Clancy who want to purchase insurance because he knows better that the company that he is more likely to make a claim on a policy.

The idea above is called adverse selection. This is a situation whereby either the seller or the buyer believes that he or she has more information than the other person regarding a particular product.

7 0
3 years ago
Services that specialize in intermodal shipping are known as intermodal marketing companies.
Semmy [17]

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I think it's true

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4 0
3 years ago
A residence was assessed annual county property taxes of $5,000. The residence was occupied by a life tenant who lived on the pr
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Explanation:

Based on the information given, the holder of the remainder interest can recover the tax payment from the life tenant because the life tenant owes the holder of a remainder interest a duty to pay the property taxes.

It should be noted that it's the obligation of life tenants to pay all ordinary taxes on the land as well as the interest on the mortgage. In a situation whereby an incime isn't produced by the property like in the scenario given in the question, then the life tenant will be responsible for the taxes and the interest on the mortgage to the extent of a reasonable rental value of the land.

4 0
3 years ago
Suppose you bought a gm corporate bond on january 25, 2001 for $750, on january 25, 2004 sold it for $650.00. what was your annu
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0.0466 It should be negative 0.0466. Calculation of annual holiday.

A holiday is a day established by custom or law on which normal activities, especially work, including business or school, are suspended or restricted. In general, holidays are for individuals to celebrate or celebrate an event or tradition of cultural or religious significance.

Holidays may be determined by governments, religious organizations or other groups and organizations. The extent to which the normal operation of the holiday is restricted may vary depending on local laws, customs, the type of work performed, or personal choice.

The term holiday is commonly used in connection with religious customs and traditions.

learn more about Holidays here;  brainly.com/question/26072214

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3 0
2 years ago
Consumer protection laws might result in
Jet001 [13]
Neither A nor B. Hope it helps!
4 0
3 years ago
Read 2 more answers
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