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mamaluj [8]
1 year ago
12

the real value of marketing research to the organization can best be measured by a. how much it costs. b. improvements in the ab

ility to make decisions. c. its immediate impact on profits. d. the amount of time spent. e. the increase in sales volume or market share.
Business
1 answer:
Mashutka [201]1 year ago
6 0

the real value of marketing research to the organization can best be measured by improvements in the ability to make decisions.

" Marketing research is the methodical and objective hunt for, and analysis of, information applicable to the identification and arrangement of any issue in the field of marketing."

The catchphrases in this description are; methodical , thing and analysis. Marketing research looks to set about its task in a methodical and objective fashion. This means that a detailed and precisely planned exploration plan is created in which each stage of the exploration is determined. Such a exploration plan is conceivably viewed as acceptable on the off chance that it determines the exploration issue in compact and exact terms, the information necessary to address the issue, the strategies to be employed in gathering the information and the logical procedures to be employed to decrypt it.

Maintaining neutrality in marketing research is essential assuming marketing operation is to have acceptable trust in its issues to be prepared to take dangerous choices grounded upon those issues. To this end, as far as conceivable, marketing experimenters use the logical fashion. The characteristics of the logical fashion are that it translates particular impulses, studies and conclusions into unambiguous suggestions( or enterprises). These are tried empirically. At the same time indispensable explanations of the event or marvels of interest are given equal consideration.

to know more about marketing research click here:

brainly.com/question/12371177

#SPJ4

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Bobby is speaking to his friend and says, "this musical is going to cost me $60 when I buy the ticket." His friend corrects him
Valentin [98]

<u>Full question:</u>

Bobby is speaking to his friend and says, "this musical is going to cost me $60 when I buy the ticket." His friend corrects him and says, "actually, this concert will cost you more than $60 since you have to miss work." His friend is referring to the _________________.

Select the correct answer below:

a)economies of scale

b)budget constraint

c)opportunity cost

d)opportunity set

<u>Answer:</u>

His friend is referring to the opportunity cost

<u>Explanation:</u>

Opportunity costs describe the gains a person, investor or company drops out on when picking one choice over another. The cost of practicing something is previously the cost of the highest-valued alternative use.  Bottlenecks are frequently a condition of opportunity costs.

The method for determining an opportunity cost is solely the contrast within the expected returns of any option. Estimating opportunity costs can lead you to more effective decision-making. Opportunity cost examination also performs a crucial role in preparing a business's capital structure.

5 0
3 years ago
Delicious Catering completed the following selected transactions during May 2016: May 1: Prepaid rent for three months, $1,500 M
Afina-wow [57]

Question Completion:

If Delicious Catering had recorded transactions using the Accrual method, how much net income (loss) would they have recorded for the month of May? If there is a loss, enter it with parentheses or a negative sign.

Answer:

Delicious Catering

Using the Accrual method, Delicious Catering would have recorded for the month a net income of $1,670.

Explanation:

Data and Calculations:

Prepaid Rent for 3 months = $1,500

Rent expense for the month = $500 ($1,500/3)

Utilities expense = $190

Service Revenue:

Cash for meals = $2,400

Credit                    2,000

Total                    $4,400

Salary Expense = !,700

Depreciation expense = $340

Kitchen Equipment = $2,500

Income Statement for the month of May:

Service Revenue                 $4,400

Expenses:

Rent                            $500

Utilities expense           190

Salary expense          1,700

Depreciation expense 340

Total expenses                   $2,730

Net Income                        $1,670

8 0
3 years ago
Seth invested $20,000 in Series EE savings bonds on April 1. By December 31, the published redemption value of the bonds had inc
11Alexandr11 [23.1K]

Answer:

700 for interest

Explanation:

6 0
3 years ago
OSHA standards appear in the ___________ and are then broken down into ____________. A. Code of Federal Regulations (CFR), Parts
antiseptic1488 [7]

ignore the other person, the correct answer is A. code of Federal Regulations (CFR), parts

3 0
3 years ago
The account balances of Sentinel Travel Service for the year ended August 31, 2019, are listed below:
Yanka [14]

Answer:

Explanation:

The preparation of the report form balance sheet as of August 31, 2019 is presented below:

                                      Sentinel Travel Service

                                 Report form balance sheet

                              For the year ended August 31, 2019

Assets

Cash                                             $143,125

Account receivable                     $54,240

Supplies                                       $9,300      

Land                                             $248,000

Total assets                                 $454,665

Liabilities

Account payable                        $19,370

Owner equity

Ending capital                            $435,295

Total liabilities

And owners equity                    $454,665

The net income would be

= Fees earned - Office expense - Miscellaneous expense - Wages expense

= $774,800 - $178,205- $15,495 - $371,905

= $209,195

And, the ending capital would be

= Opening capital - withdrawn amount + net income - additional cpiatl

= $209,000 - $29,400 + $209,195 + $46,500

= $435,295

7 0
3 years ago
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