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sukhopar [10]
3 years ago
7

As a marketing researcher for SoundSense, Nancy Bales has been asked to gather preliminary information that will help create a r

esearch hypothesis about EasyPlay, the new music player by SoundSense. Nancy has the task of conducting first-hand research about the characteristics of the target group that would buy EasyPlay, which the company believes to be superior to i-Pods and cell phones in terms of audio quality. Nancy Bales should conduct ________ research at this stage. causal experimental secondary internal exploratory
Business
1 answer:
Tresset [83]3 years ago
4 0

Answer: exploratory research

Explanation: In simple words, exploratory research refers to the research which is conducted for problem that involves knowing what is going on in the current situation. These researches results in development of conclusion that is completely new.

In the given case, Nancy bales has to make a research about  a product that is new to the market. She has to conclude if that item is better than the i-pod or not.

Hence we can conclude that Nancy has to perform exploratory research.

You might be interested in
Net present value LO P3 Beyer Company is considering the purchase of an asset for $250,000. It is expected to produce the follow
Marysya12 [62]

Answer:

$20,996.49

Yes

Explanation:

Net present value is the present value of after tax cash flows from an investment less the amount invested.

NPV can be found using a financial calculator.

Cash flow in year 0 = $-250,000

Cash flow in year 1 = $83,000

Cash flow in year 2 = $43,000

Cash flow in year 3 = $76,000

Cash flow in year 4 = $127,000

Cash flow in year 5 = $49,000

I = 12%

NPV = $20,996.49

The company should accept the project because the NPV is postive.

To find the NPV using a financial calacutor:

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 NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

I hope my answer helps you

8 0
3 years ago
Read 2 more answers
he Acmeville Metropolitan Bus Service currently charges $0.99 for an all-day ticket, and has an average of 433 riders a day. The
DedPeter [7]

Answer:

2.77

the bus company should  decrease price to increase revenues.

Explanation:

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

Price elasticity of demand = percentage change in quantity demanded / percentage change in price

If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.

Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one

Demand is unit elastic if a small change in price has an equal and proportionate effect on quantity demanded.

percentage change in price = 1.21 / 0.99 - 1 = 0.222 = 22%

Percentage change in quantity demanded = 169 / 433 = -0.6097 = - 60.97%

Elasticity of demand = 60.97% /  22% = 2.77

Demand is elastic, so if price in reduced, there would be a rise in quantity demanded that would exceed the rise in price. This would increase revenues

3 0
3 years ago
Kimona Company hired you as a consultant to help estimate its cost of common equity. You have obtained the following data: D0 =
nlexa [21]

Answer:

-2.23%

Explanation:

The formula to compute the cost of common equity under the DCF method is shown below:

= Current year dividend ÷ price + Growth rate

In first case,

The current dividend would be

= $0.85 + $0.85 × 5%

= $0.85 + $0.0425

= $0.8925

The other things would remain the same

So, the cost of common equity would be

= $0.8925 ÷ $20 + 5%

= 0.044625 + 0.05

= 9.46%

In second case,

The price would be $40

The other things would remain the same

So, the cost of common equity would be

= $0.8925 ÷ $40 + 5%

= 0.0223125 + 0.05

= 7.23%

The difference would be

= 7.23% - 9.46%

= -2.23%

4 0
3 years ago
Messana Corporation reported the following data for the month of August: Inventories: Beginning Ending Raw materials $36,000 $24
Wittaler [7]

Answer:

$217,000

Explanation:

                           Begining   Purchases   Ending  

Raw Materials  $ 36,000 $ 69,000 $ 24.000

Work in Process  $ 23,000 $ 17,000         $ 6.000

Finished Goods  $ 37,000  $ 55,000 -$ 18.000

Direct Lab Costs  $ 94,000 $ 94,000

Manuf Overhead $ 54,000 $ 54,000

 Total  

Raw Materials  $ 81.000

Work in Process  $ 6.000

Finished Goods  -$ 18.000

Direct Labor Costs  $ 94.000

Manufacturing Overhead  $ 54.000

Costo of Goods Manufactured  $ 217.000

5 0
3 years ago
What is the difference between Nepalese microeconomics and macroeconomics?
dangina [55]
Microeconomics study of particular markets, and segments of the economy. It looks at issues like consumer behavior, individuals labor markets, and film theory. Macroeconomics is the study of the whole economy. It looks at aggregate variables, such as aggregate demand, national output and inflation!!!
8 0
3 years ago
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