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mash [69]
2 years ago
14

Which is the most effective way to discover customers' needs? multiple choice question. regulatory oversight marketing research

using social media selecting a target market
Business
1 answer:
sesenic [268]2 years ago
6 0

The correct answer is option B. The most effective way to discover customers' needs is marketing research.

A customer need is an unmet need that drives them to buy a good or service. The need itself is what ultimately influences the solution the consumer chooses to purchase, whether it is known (that is, the customer can express it verbally) or not.

Information that is pertinent to decision-making is provided by marketing research, which benefits marketing management. Marketing research neither determines the course of action nor ensures success. Instead, market research assists in lowering the level of confusion surrounding the choices to be made.

Learn more about customer's need here

brainly.com/question/15239291

#SPJ4

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Sheila receives a merit scholarship to cover part of her private college tuition. Her parents have a low income, poor credit, an
vfiekz [6]

Answer:

The correct answer would be D, Sheila's parents will qualify for a Plus loan because of their low income.

Explanation:

PLUS loan stands for Parents Loan for Undergraduate Students. It is the loan given to the parents of the students who are graduating with the college. It can be a post secondary loan. This loan is given to the students who cannot afford to meet the expenses of their studies as well as of other activities like books, notes, handouts etc. This loan is given to the parents of the students who have low incomes and can't afford to finance their child's education.

8 0
3 years ago
Henry is a manager in an operations department in a computer manufacturing company. He thoroughly studied the production process
Fynjy0 [20]

Answer:

d. Scientific management.

Explanation:

The management theory used by Henry in this case is scientific management, which can be understood as an administrative model created by Taylor.

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4 0
3 years ago
John Alex, a business owner, is considering opening a second location of his
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3 0
3 years ago
Read 2 more answers
Studies indicate that the price elasticity of demand for cigarettes is about 0.4. A government policy aimed at reducing smoking
IrinaVladis [17]

Answer:

(B) 40%

Explanation:

↓Q / ΔPrice = Price-elasicity

The price elasticity is the relationship between a change in price with the quantity demanded of a certain good assuming, other factor remains constant.

ΔPrice  = (P0 - P1)/((P0 + P1)/2) = (2 - 6)/((2+6)/2) = 4/4 = 1

We know that price elasticity is 0.4

Now we can solve for the change in the quantity demanded:

↓Q/ 1 = 0.4

↓Q = 0.4 x 1 = 0.40 = 40%

7 0
3 years ago
All of the following are qualities of certification programs except:
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A

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nor sure but I think this is the right one

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