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PtichkaEL [24]
3 years ago
12

Grace called a team meeting at her company to go over the results of her marketing research. Before walking through the results,

she reviewed the original problem that kicked off the research and reminded the team members that the goal of the marketing research was to use customer insights to adjust the company’s marketing mix to better match customer’s needs. What does this reminder to the team potentially do?
Business
2 answers:
ycow [4]3 years ago
8 0

Answer:

The reminder will definitely make the team focus on the kind of research needed  

Explanation:

Grace making a marketing research on a problem that is before the company is one way to resolve the problem of the company. and in this case of her research she is more interested in what the customers have to say about the marketing strategies been used by the marketing team of the company.

she had to review the original problem that led to the research in other to get the team abreast with what there challenges in the marketing research is all about. and doing a reminder to the team will help the team channel their available resources the right way in order to achieve the goal which using customer insights to better the company's marketing mix.

bearhunter [10]3 years ago
5 0

Answer:

sorry,I don't know the correct answer

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For its newest gaming console, Star Electronics decides to tell consumers about the product by placing a full-page advertisement
m_a_m_a [10]

The magazine ad which helps the firm to tell prospective consumers about the electronic product is as example of channel of communication in communication process.

<h3>What is a channel of communication?</h3>

This are different mediums through which a firm or sender send its  message to its intended audience.

Therefore, the magazine ad plays the role of a channel of communication because its helps to tell prospective consumers about the its electronic product

Read more about channel of communication

<em>brainly.com/question/771405</em>

8 0
2 years ago
Identify the correct pricing strategy. Incorporating _______ pricing strategy drives customers to pay a higher price for a valua
harkovskaia [24]

Answer:

Premium, value

Explanation:

Premium Pricing Strategy: this a strategy used by companies to drive up the prices for their products. This strategy is used when customers can be convinced that a company will offer a higher value than its competitors.

For example, looking at the prices of a Rolls Royce Phantom and a Toyota, one costs $450,000 and the other costs $25,000, both will take you from your office to your house, but some customers will prefer to buy the Rolls Royce, this is because of the value the Rolls Royce offers.

Value: this is the worth or usefulness of something. Therefore, if a company can offer value for money, customers will be willing to pay.

8 0
3 years ago
What is CRM software designed to do?
Lostsunrise [7]
In CRM (customer relationship management<span>), CRM software is a category of software that covers a broad set of applications designed to </span>help<span> businesses manage many of the following business processes: customer data. customer interaction. access business information.</span>
3 0
3 years ago
Farrow Co. expects to sell 150,000 units of its product in the next period with the following results. Sales (150,000 units) $ 2
BabaBlast [244]

Answer:

Accept

Explanation:

The computation of the combined total net income is shown below:

            Normal Volume          Additional Volume               Total

Sales    $2,250,000                  $180,000                           $2,430,000

                                                    (15,000 × $12)

Costs and expenses:    

Direct materials $300,000           $30,000                         $330,000

Direct labor  $600,000                   $60,000                         $660,000

Overhead     $150,000                    $22,500                          $172,500

                                                   ($150,000 × 15%)

Selling expenses $225,000                                            $225,000

Administrative expenses $385,500 $64,500                          $450,000

Total costs and expenses $1,660,500 $177,000          $1,837,500

Incremental income (loss) from new business $589,500 $3,000 $592,500  

Therefore, the company should accept the offer      

6 0
3 years ago
Encore Industries owned investment securities with a book value of $45 million on August 12. At that time, Encore’s board of dir
Aleks04 [339]

Answer$13m

Explanation:

It's the declared dividend on the date declared, that is obligatory for payment by a company. What happens there after are normal trading activities.

4 0
3 years ago
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