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lisabon 2012 [21]
3 years ago
15

Asking "Who would buy my product?" in a survey is an example of what?

Business
2 answers:
zepelin [54]3 years ago
4 0

Answer:

Market research.

Explanation:

When you ask questions like this, you are providing an example of market research.

Leto [7]3 years ago
3 0

Answer:

The correct answer would be, Market Research.

Explanation:

Companies usually do Market Researches to find out the preferences, needs, demands of the consumer, and also seek their feedback to do improvements in their products. Companies generally do these researches through conducting research via Surveys. They formulate their questions that they want to ask from the consumers and then seek their response to find out how consumers find their product, what is lacking or what is best in it. All such questions are asked through surveys. So the question given here is the example of market research, which will define the target market for that company.

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eCompeteUSA is a competitive video gaming tournament company headquartered in Palo Alto, California. Video game tournaments are
blagie [28]

Answer: Set up a meeting with the VP of marketing and other involved parties to define the problem that needs to be solved.

Explanation:

Here is the complete question:

eCompeteUSA is a competitive video gaming tournament company headquartered in Palo Alto, California. Video game tournaments are organized competitions where multiplayer video games are played for cash prizes of up to $500,000. Gamers and fans are flocking to tournaments both in-person and virtually. Recently, an eSports tournament housed at the Staples Center sold out in under an hour, which surprised even industry insiders.

eSports is gaining popularity worldwide with audience sizes exceeding 134 million. The industryis currently valued at over $747 million, and many predict that the value will top $1.9 billion by 2020.The industry is currently dominated by males (85% male, 15% female) and young people (60% of viewers are under 35 years old). Currently, eCompeteUSA has a relatively small share of the market, but the company feels there are significant opportunities for growth and profitability. You have recently been hired as a research analyst reporting to the VP of Marketing,whose task is to help eCompeteUSA grow its business.

You consider the situation, roll up your sleeves, and get to work. What should be the first step you take in obtaining the information you need to help eCompeteUSA move up in the eSports industry?

a. Examine the secondary sources you have at hand (public and internal databases) to establish exactly what data you already have and what data you need to obtain.

b. Set up a meeting with the VP of marketing and other involved parties to define the problem that needs to be solved.

Solution:

The main objective in the question is to grow eCompeteUSA business. Based on this, the 1st step to take is to define the problem which needs to be solved. Hence, one has to meet with the VP of marketing and every other involved parties.

This is necessary so that every impediments that can affect the growth can be solved. Hence, the first step is to set up a meeting with the VP of marketing and other involved parties to define the problem that needs to be solved.

6 0
3 years ago
Iron Works International is considering a project that will produce annual cash flows of $38,500, $47,200, $57,900, and $23,400
Ronch [10]

Answer:

18.625%

Explanation:

Internal rate of return is the discount rate that equates the after tax cash flows from an investment to the amount invested

IRR can be calculated with a financial calculator  

Cash flow in year 0 = $-112,500

Cash flow in year 1 = $38,500

Cash flow in year 2 = $47,200,

Cash flow in year 3 = $57,900,

Cash flow in year 4 = $23,400

IRR = 18.625%

To find the IRR using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button.  

8 0
3 years ago
Despite aggressive campaigns to attract customers with lower mobile phone prices, Telenor- has
lisabon 2012 [21]

Answer:

the company should do research and find out why costomer are decreasing ,or do surveys, interview

Explanation:

the company must upgrade the service that it way offering before

6 0
3 years ago
C&A's potato chip filling process has a lower specification limit of 9.5 oz. and an upper specification limit of 105 oz. The
kirza4 [7]

Answer:

Process capability index (cp) for the chip filling process is 0.56

Explanation:

Process capability index (cp) = (Upper Specification Limit - Mean) / (3 * standard deviation) = (Mean - Lower Specification) / (3 * standard deviation)

Process capability index (cp) = (10.5 - 10) / (3*0.3)

Process capability index (cp) = 5/9

Process capability index (cp) = 0.56

8 0
3 years ago
Sheffield has a standard of 2 hours of labor per unit, at $12 per hour. In producing 3600 units, Sheffield used 6900 hours of la
Mandarinka [93]

Based on the standard labor hours to Sheffield and the cost per unit of labor, the total labor variance is $3,600 Favorable.

<h3>What is Sheffield's labor variance?</h3>

This can be found as:
=  (Standard Labor Hours - Actual Labor Hours) x standard Labor Rate

Solving gives:

= ((3,600 x 2) - 6,900) x 12

= (7,200 - 6,900) x 12

= $3,600 Favorable

Find out more on labor variance at brainly.com/question/21287626.

#SPJ1

8 0
2 years ago
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