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
Tems11 [23]
3 years ago
7

Why would a small business conduct less marketing research than a larger, established firm?

Business
2 answers:
labwork [276]3 years ago
8 0
The reason is <span>Marketing research is expensive.
</span>The established firm usually has a large amount of capital at its disposal, so they could do market research in order to strengthen their position.
Small business on the other hand, usually struggle to even barely continuing their operation for the next month.
11Alexandr11 [23.1K]3 years ago
3 0

A small business has fewer resources than a large established firm. Therefore, with fewer resources, they cannot cover as many categories of research as a larger firm can. Smaller firms therefore tend to have a specialty or an area of focus.

You might be interested in
At December 31, 2022, the following information (in thousands) was available for Ayayai Inc.: ending inventory $22,000; beginnin
Anuta_ua [19.1K]

Answer:

Inventory turnover in days = 43.59 days

Inventory turnover (No of times)=  8.37 times

Explanation:

<em>Inventory turnover days is the average length of time it takes a business to sell its inventory before replacement.</em>

Inventory turnover in days

= Average inventory /Cost of goods sold × 365 days

<em>Average inventory = (Opening Inventory + closing inventory)/2</em>

<em>Average inventory </em>

= (21,000 + 22,000)/2

= 21,500

<em>Inventory turnover in days</em>

(21,500/180,600) × 365 days

=43.597 days

Inventory turnover (No of times )

= Cost of goods sold/Average inventory

=  180,600/21,500

= 8.37 times

4 0
3 years ago
What is the importance of effective communication to a successful life
ICE Princess25 [194]

1) Skills is the ability to listen.

2) Understand the mission and goals of their company and what their responsibilities are.

4 0
3 years ago
The aggregate demand curve shows a ________ relationship between ________ and aggregate output ________.
dezoksy [38]
Why should i ever care just kidding 
6 0
3 years ago
A principle of the human relation approach is that .
AfilCa [17]
The basic principles of human relations approach are :- Human beings are not interested only in financial gains. They also need recognition and appreciation. Workers are human beings. So they must be treated like human beings and not like machines.
5 0
3 years ago
What is a nonprofit corporation, and how is it different from a C corporation?
nalin [4]

Answer:

A corporation is to make profit

non-profit coorporation don't have any shareholders, so they serve a different function. Thier focus is on something other than making profit

3 0
2 years ago
Read 2 more answers
Other questions:
  • What is 'lowest evaluated bid' ?
    15·1 answer
  • Which of the following is a measure of liquidity?
    11·1 answer
  • True or false? data warehousing is the process of extracting data from a data warehouse.
    6·1 answer
  • Brad expects interest rates to increase and purchases a put option on Treasury bond futures with an exercise price of 97-00. The
    11·1 answer
  • The general fund collects taxes that are legally restricted for use in a future year. The amount of the collections is reported
    14·2 answers
  • According to the​ video, Goodwill has often had to cut prices due to poor​ ______ conditions.
    15·2 answers
  • Weiss Manufacturing intends to increase capacity by overcoming a bottleneck operation by adding new equipment. Two vendors have
    13·1 answer
  • The introduction (or opening) of a business report or proposal should always
    15·1 answer
  • -PLEASE HELP!
    7·2 answers
  • A company decides to introduce a line of crackers made with organically grown grains and vegetables. What environmental trend is
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!