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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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If wage increases by 10%, a(n) ________ worker is likely to supply 7% more labor because elasticity of labor supply is assumed t
katovenus [111]

Answer:

adult; inelastic.

Explanation:

Data provided in the question

Increase wage rate percentage is 10%

And, the given supply percentage is 7%

As there is no information given in the question related to the teenager and adult so we assume that the data is given for adult

Since the wage rate is increase by 10% which reflects the adults worker and due to which the supply is 7%  more labor. So the elasticity of labor supply is inelastic as the supply is less than the wage rate so it cannot be perfectly elastic

3 0
4 years ago
According to a candy company, packages of a certain candy contain 16% orange candies. Suppose we examine 200 random candies
Artyom0805 [142]

Answer:

A. We should expect of the candies in the sample to be orange.(Type an integer or a decimal.)

7 0
3 years ago
assume that your publicly traded company attempts to be completely transparent about its financial condition, and provides thoro
snow_tiger [21]

Answer:

A company's stock price is defined by the demand the market has over it, by the analyst researching it and their forecast of growth, as well as the performance of the company at generating income.

Explanation:

The P/E ratio or price over earnings ratio is the ratio that explains the price of a stock. We take the price of the stock and then divide it by the earnings per share obtained by quarter and then by year when the fiscal year is over. It is influenced by the demand of the stock in the markets, by the projection analyst may have after researching the company and by the income, the company generates. Today there is an overvaluation of the stocks in all the markets. However by following the advice of W. Buffett and Peter Lynch, as well as Soros we can find undervalued stocks.

8 0
3 years ago
Bob agreed to tutor Lola in Spanish for two (2) hours and Lola agreed to pay $25.00 per hour for the tutoring services. Bob tuto
polet [3.4K]

Answer: discharged by performance

Explanation:

When parties to a contract are discharged from their duties as per the contract, it means that they are no longer party to the agreement. When this is done by performance, it means that the discharge was done because both parties have fulfilled the demands of the contract.

Bob agreed to tutor Lola for two hours and Lola agreed to pay Bob $50 for that. Bob then tutored her for the two hours and was paid the amount. The parties have therefore fulfilled their obligations to each other and so the contract has been satisfied.

5 0
3 years ago
Which of the following statements regarding supply chain customer service is most accurate?
IrinaVladis [17]

Answer:

d. Supply chains should consider the needs of consumers provided those needs are consistent with marketing strategies.

Explanation:

In order for supply chain customer service to be effective, it is necessary to focus on customer needs and these needs must be aligned with the company's marketing strategies.

In other words, each stage of the supply chain must operate in an integrated manner, so that each process is synergistic and so that the final consumer can receive the product at the right time, in the right quantity and in the right quality. Therefore, supply chain management will improve each step of the process, guaranteeing the quality of the processes, the reduction of time, the reduction of costs and waste and ensuring the continuous improvement of the process, which will make the product go through each channel effectively, generating value and strengthening the relationship between the company and the consumer.

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