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Ilia_Sergeevich [38]
3 years ago
13

A toy manufacturer conducted a survey to estimate the market demand for its specialized wood-based toys in a foreign country. Fo

r the survey, it interviewed all the families in four rural towns of that country but it did not have sufficient information to make the distinction between those with children and those without children. The market demand forecast based on this survey failed to match the actual demand for the toys. Which of the following is the most likely reason for this failure?a. Difficulty in defining the research objectiveb. Unwillingness of the respondents to reply to survey questionsc. Difficulty in translating the responsesd. Inappropriate sample selection due to lack of adequate demographic data
Business
2 answers:
SCORPION-xisa [38]3 years ago
6 0

Answer: Inappropriate sample selection due to lack of adequate demographic data

Explanation:

Demographic data is described as a collection of data of a group of people occupying a particular place, ranging from age to sex. The inability of the toy manufacturer to get the actual number of homes that have children will affect his production as he has no exact or a rough idea of numbers to work with. This is also dangerous as he could either manufacture excess or may not meet up with the number required from the population, carry out a proper analysis and survey of the market would help in any manufacturing process.

Semenov [28]3 years ago
5 0

Answer:

Inappropriate sample selection due to lack of adequate demographic data

Explanation:

Demographic data are data that relates to the characteristics of a population, such as, gender, family life cycle, occupation, marital status, age etc. Demographic data are very important in a research as they provide necessary information that helps in selecting a good sample that is representative enough of the population under study.

Therefore, it is very likely that the toy manufacturer did not get enough demographic data in order for a good sample to be selected. This lack of adequate demographic data can be said to have resulted into inappropriate sample selection. This is evident enough as it limits the study, since distinction between those with and without children could not be made. Hence, the survey failed to match actual demand for the toys.

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The answers to an economy's three central economic problems are determined by the interaction of three forces: economic forces,
jeka57 [31]

Correct/Complete Question:

The answers to an economy's three central economic problems are determined by the interaction of three forces: economic forces, political forces, and social forces. True or False

Answer:

True

Explanation:

The above forces, economic, political and social determine the answers to the three economic problems and also determines how economic forces operate in an economy. The three economic questions are;

 -  What goods and services should be produced?

 -  How should these goods and services be produced?

 -  Who consumes these goods and services?

Political forces are forces that influence the economic and political stability of the market. Social forces include cultural influences on the economic stability of the market. Economic forces on the other hand are the factors that determine/influence the competitiveness of the market in which a firm operates.

I hope this helps.

5 0
3 years ago
_ is the actual amount each common stockholder would expect to receive if a​ firm's assets are sold for their market​ value, cre
Alona [7]

Answer: Liquidation value

Explanation:  

The liquidation value is one of the type of physical assets of an organization and the business value, real estate firms, directories and the equipment are refers as the liquidation value that helps in evaluating the overall worth of the firm.

This organizational value is lower as compared to the market value and it has less time for selling the products in the open market.  

According to the given question, the liquidation value is refers as the actual amount of the stockholder expected value value in the market. Therefore, Liquidation value is the correct answer.

5 0
3 years ago
Typical ____________ data include gender, income and geographic region.
Simora [160]
Typical demographics data include gender, income and geographic region.
4 0
3 years ago
The process of locating, identifying, and attracting capable applicants is called?
Maksim231197 [3]

Answer:

B. Recruitment.

Explanation:

I already learned this.

3 0
3 years ago
The daily sales of a peanut butter at Power's Grocery are normally distributed, with a mean of 12 jars and a standard deviation
masha68 [24]

Answer:

d. 81

Explanation:

E(number of order) = E(X1) + E(X2) + 21 -4

                                = 12 + 12 + 17

                                = 41

Therefore, The store should order 81 .

6 0
4 years ago
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