1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Novay_Z [31]
3 years ago
12

According to the textbook, the only way to know if your product or service is what people want is by ________. talking to them l

ibrary, internet and gumshoe research surveying them conducting brainstorming sessions interviewing industry experts
Business
2 answers:
vlabodo [156]3 years ago
8 0
The answer is by having to survey the people or the consumers. For this could serve as a basis and to be able to determine the wants of the people and the popular trends in which they will like and what they want, in helping to produce better products and service.
Bogdan [553]3 years ago
6 0

Answer:

conducting brainstorming sessions

Explanation:

When the product or service is required by people, patronage would increase. This can be confirmed by vallidating the rate of demand, which might be in a form of conducting a brainstorming sessions. This is generally done by the customer service department.

You might be interested in
A message sent by an hr manager asking all employees to submit details about overtime performed in the previous quarter is an ex
il63 [147K]
Answer to that is D. Information or action
4 0
3 years ago
Which section of a professional business letter contains the purpose of the correspondence?
kumpel [21]
The body of the business letter contains the purpose. 
7 0
3 years ago
you inherit $10,000 with the stipulation that you for the first year the money must be invested in two stocks paying 6% and 11%
Crank

Answer:

At 6% $3,529.412 will be invested

At 11% $6,470.588 will be invested

Explanation:

Let x be the investment for 6% stock

And (10,000-x) is the investment it 11% stock

Let I be interest earned on both investments.

Using the formula

Principal(p)= Interest(I)*Rate(r)*Time(t)

p/RT= I

So considering both investments

x/(6%*1)= (10,000-x)/(11%*1)

x/0.06= (10,000-x)/0.11

Cross-multiply

0.11x= 0.06(10,000-x)

0.11x= 600- 0.06x

Rearranging

0.11x+ 0.06x= 600

0.17x= 600

x= 600/0.17= 3,529.412 amount invested at 6%

Amount invested at 11%= 10,000-3,529.412

= 6,470.588

8 0
3 years ago
Gibson Electronics identifies licensees in various countries who produce and sell the company's products in their countries in r
sladkih [1.3K]

Answer:

E) sharing valuable technological know-how with a potential competitor.

Explanation:

From the question we are informed about Gibson Electronics who identifies licensees in various countries who produce and sell the company's products in their countries in return for a royalty fee on every unit sold. Gibson Electronics’ approach is risky because of the problems associated with sharing valuable technological know-how with a potential competitor. Technological know-how in organization can be regarded as sets of knowledge as well as skills which is developed by that participants and is used to guide the acquisition as well as creation, and operation of computer-based systems which gives enablements or brings about facilitation of the performance of business processes, sharing this with competitors in business could be dangerous potential competitors can embrace it to move their business forward which will affect the owner of the Technological know how Businesses in the market.

7 0
3 years ago
Explain and compare between administrative marketing and entrepreneurial marketing
Simora [160]
Business Orientation: While traditional marketing is defined by customer orientation, entrepreneurial marketing is defined by entrepreneurial and innovation orientation. ... Entrepreneurs interact with customers through activities like personal selling and relationship marketing.
Entrepreneurial Marketing: 6 Characteristics of Entrepreneurial Marketing
Proactive Orientation: ADVERTISEMENTS: ...
Innovativeness: ...
Focus on the Customer: ...
Utilizing an Opportunity: ...
Risk Management: ...
Value Creation: A contemporary definition that meets the present scope in which entrepreneurial marketing is defined as: “The proactive identification and exploitation of opportunities for acquiring and retaining profitable customers through innovative approaches to risk management, resource leveraging and value creation.” Traditional marketing has many facets. For instance, it includes tangible items like print ads in magazines or newspapers, business cards. It can also include commercials on radio or TV, posters, brochures and billboards. Anything except digital ways to promote your brand is traditional marketing. The four main sources of entrepreneurial marketing ideas are the new markets for existing products, new products, turning ideas into business opportunities and innovative approaches to existing markets.
3 0
3 years ago
Other questions:
  • An increase in interest rates should cause level of bussiness investment spending to
    11·1 answer
  • Planning is a key management function because other management functions depend on having a good plan.
    10·1 answer
  • Organizations are increasingly adjusting their processes and positioning their products as environment friendly and sustainable
    5·1 answer
  • A division is considering the acquisition of a new asset that will cost $2,520,000 and have a cash flow of $700,000 per year for
    12·1 answer
  • Witch most likely indicates a chemical change of occurred
    15·1 answer
  • Suppose that the federal government places a binding price floor on chocolate. To help support the price floor, the government p
    10·1 answer
  • What is global standardization strategy​
    13·1 answer
  • Which of the following best helps a company move toward achieving its
    12·1 answer
  • It is recommended that no more than three different fonts be used when creating a power point presentation.
    11·2 answers
  • chris and his best friend jason have just opened a specialty beer bar in phoenix, arizona. they know the bottom-line profit they
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!