The correct answer would be, Primary Data.
This type of research is described by marketing professionals as the collection of Primary Data.
Explanation:
There are two types of data that is being collected and used for a research. They are as follows:
- Primary Data
- Secondary Data
Primary data is the data which is collected for the purpose for which the research is being conducted. Secondary data is the data which was collected for some other purpose but can be used in the current research as well.
So when the marketing department will collect a lot of information on what customers want while they are at the park, through surveys and direct questioning, the team of marketing department will basically be collecting the Primary data for their research in which they will come to know about the customer needs and wants directly.
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Answer:
the project's MIRR is 13.50 %.
Explanation:
MODIFIED INTERNAL RATE OF RETURN (MIRR)
-It is the rate that causes the Present Value of the Terminal Value (Future Cash flows at the end of the Project) to equal Present Value of Cash outflows.
-MIRR assumes a reinvestment rate at the end of the project
The First Step is to Calculate the Terminal Value at end of year 3.
Terminal Value (FV) = Sum of (PV x (1 + r) ^ 3 - n)
= $350 x (1.11) ^ 2 + $350 x (1.11) ^ 1 + $350 x (1.11) ^ 0
= $431.24 + $388.50 + $350.00
= $1,169.74
The Next Step is to Calculate the MIRR using a Financial Calculator :
(-$800) CFj
0 CFj
0 CFj
$1,169.74 CFj
Shift IRR/Yr 113.50 %
Therefore, the MIRR is 13.50 %
The answer is selective distribution strategy. This type of
distribution strategy focuses more on the products that are distributed are to
be given to only specific areas and are only selected by the company or the
distributor in which is in lined with the statement given above.
Answer: The correct answer is "b. production and distribution processes becoming obsolete.".
Explanation: The typical risks of a cost leadership strategy include production and distribution processes becoming obsolete because to maintain cost leadership, the production and distribution processes must always be in constant observation to modify if necessary in order to maintain competitiveness and not remain stuck attached to a production and distribution model that as a consequence of innovations in the competition may become obsolete.