Answer:
The methods of acquiring primary data being used in this case is E) focus groups
.
Explanation:
In market research, a focus groups is usually a diverse group of people who are sit together in a room and asked questions about their behavior by the moderator or the host. Focus groups give the decision-makers to talk to their customers directly. In this case, it is quite clear that the marketing manager of Cominform Pvt. Ltd is using Focus group as the method of acquiring primary data. This can be inferred by,''10 individuals ,a skilled moderator,everyone participates and stays focused on the topic.''
Answer:
The firm's accounts receivable balance is $274,444.39
Explanation:
In this question, we have to apply the daily sales outstanding ratio which is shown below:
Days sales outstanding = (Accounts receivable ÷ Total credit sales) × total number of days in a year
36 days = ($380,000 ÷ total credit sales) × 365 days
So, the total credit sales = ($380,000) × (365 days ÷ 36 days)
= $3,852,777
Now apply the same formula, So the account receivable equal to
= $3,852,777 × (26 days ÷ 365 days)
= $274,444.39
Answer:
A. Safety and Security needs.
Explanation:
By providing coverage in insurance and in medical expenses in case of any accident, Lumina is fulfilling the Safety needs of employees in their company. They are providing safety in health and financial status. According to Maslow's, safety needs refers to an individual need for security and protection. The security referred to include those of the body, resources, employment and so on.
Answer:
b) The price of the product or service being offered
Explanation:
Value proposition is a clear and concise statement from a company or producer of goods and services to its potential customers on the values that buyers of a product or service will get from the use of such products.
There are basically three elements of a good value proposition
1. The company must identify the target audience or market who are to receive the value being created.
2. The attraction or selling point of the company product compared to that of competitors
3. The way the product or service will solve the need of the potential customers
