All categories

1 year ago

What are two key elements in deciding how to collect data for marketing research?

Business

1 answer:

aleksandrvk [35]1 year ago

7 0

The answer is:

(1) setting the research objectives

(2) identifying possible marketing actions

What is marketing research?

Market research is the method of deciding the reasonability of a modern benefit or item through research conducted straightforwardly with potential clients.
Market research permits a company to find the target advertise and get conclusions and other criticism from consumers about their intrigued within the item or service.
This sort of research can be conducted in-house, by the company itself, or by a third-party company that specializes in advertise inquire about.
It can be done through overviews, item testing, and center bunches.
Test subjects are as a rule compensated with item tests or paid a small stipend for their time.
Market inquire about could be a basic component within the inquire about and improvement (R&D) of a modern item or service.

To know more about the marketing research visit:

brainly.com/question/24906199?

#SPJ4

You might be interested in

Suppose that you purchase a 182-day Treasury bill for $9,850 that is worth $10,000 when it matures. The security's annualized yi

Ivahew [28]

Answer:

Annual interest rate= 3%

Explanation:

Giving the following information:

Present value= $9,850

Future value= $10,000

Number of days= 182

First, we need to calculate the daily interest rate. We will use a financial calculator (the formula is incredibly difficult to use):

Function= CMPD

n= 182

I%= SOLVE = 0.0083

PV= 9,850

FV= -10,000

Now, the annual interest rate:

Annual interest rate= 0.0083*365= 3.02 = 3%

3 0

3 years ago

A company has only two divisions: division a and division

Sloan [31]

Answer – Division A

EXPLANATION’

Given for last year,

Division A made 60% of the company's total revenue.

Let the company’s total revenue for last year be x

60% of x = 0.6x

Division A made 0.6x last year

Also given for last year,

Division B made 40% of the company's total revenue.

If the company’s total revenue for last year is x

40% of x = 0.4x

Division B made 0.4x last year

For this year,

We are told that division A's revenue has decreased by 35%

Last year’s revenue was 0.6x

Division A’s revenue for this year = 0.6x – (35% of 0.6x)

= (100% of 0.6x) – (35% of 0.6x)

= (100% * 0.6x) – (35% * 0.6x)

= (100% - 35%) * 0.6x

= 65% * 0.6x

= 65/100 * 0.6x

= 0.39x

Therefore this year, Division A’s revenue is 0.39x

Again for this year,

We are told that division B's revenue has decreased by 5%

Last year’s revenue was 0.4x

Division B’s revenue for this year = 0.4x – (5% of 0.4x)

= (100% of 0.4x) – (5% of 0.6x)

= (100% * 0.4x) – (5% * 0.4x)

= (100% - 5%) * 0.4x

= 95% * 0.4x

= 0.38x

Therefore this year, Division B’s revenue is 0.38x

If Division A’s revenue is 0.39x, and Division B’s revenue is 0.38x; then Division A had higher revenue this year.

4 0

3 years ago

A bank will not require security in the form of collateral as a guarantee the loan will be repaid.

Flauer [41]

The answer is so true

6 0

3 years ago

Read 2 more answers

A machine can be purchased for $202,000 and used for five years, yielding the following net incomes. In projecting net incomes,

FinnZ [79.3K]

Answer:

2.36 years

Explanation:

Payback calculates the amount of time it takes to recover the amount invested in a project from it cumulative cash flows.

To derive cash flows from net income, depreciation expenses should be added to net income.

Depreciation expense using the double declining method = Depreciation factor x cost of the asset

Depreciation factor = 2 x (1/useful life) = 2 / 5 = 0.4

Deprecation expense in year 1 = 0.4 x $202,000 = $80,800

Book value in year 2 = $202,000 - $80,800 = $121,200

Deprecation expense in year 2 = 0.4 x $121,200 = $48,480

Book value in year 3 = $121,200 - $48,480 = $72,720

Deprecation expense in year 3 = 0.4 x $72,720 = $29,088

Book value in year 4 = $72,720 - $29,088 = $43,632

Deprecation expense in year 4 = $43,632 x 0.4 = $17,452.80

Book value in year 5 = $43,632 x 0.4 - $17,452.80 = $26,179.20

Deprecation expense in year 5 = $26,179.20 x 0.4 = $10,471.68

Cash flow in year 1 = $18,000 + $80,800 = $98,800

Cash flow in year 2 = $25,000 + $48,480 = $73,480

Cash flow in year 3 = $53,000 + $29,088 = $82,088

Cash flow in year 4 = $58,000 + $17,452.80 = $75,452.80

Cash flow in year 5 = $108,000 + $10,471.68 = $118,471.68

Please check the attached image for how the payback period was calculated

3 0

3 years ago

Read 2 more answers

If your purchases of shoes increase from 9 pairs per year to 11 pairs per year when your income increases from $19,000 to $21,00

fiasKO [112]

Answer:

Option (a) is correct.

Explanation:

Here, shoes are normal goods as there is a positive relationship between the income level of the consumer and the quantity demanded for shoes. It can be seen that as the income of the consumer increases from $19,000 to $21,000 then as a result the quantity of pairs of shoes demanded increases from 9 to 11 pairs. Normal goods are generally have positive income elasticity of demand.

Therefore, the shoes are normal goods in this case.

7 0

2 years ago