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valkas [14]
3 years ago
11

What is market power?

Business
1 answer:
Sedbober [7]3 years ago
8 0
I would say the correct answer is B. t<span>he ability of a company to change prices and output like a monopolist. Market power is basically the power of a particular company to manipulate the price of the product and thus affect all other participants, as well as customers. Monopolists have the greatest market power; conversely, in an ideally balanced economy, nobody would have market power. All participants would have equal chances and nobody would dictate the terms to others.</span>
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Company sales reports are often utilized as part of a company’s marketing research activities and can provide insight about whic
Alex787 [66]

Answer:

The answer is: C) internal secondary

Explanation:

Internal secondary data is data that was collected by other members of your organization (through different activities) and is stored inside the organization.  In this case the sales reports (completed by the sales department) are used by a different department in the company (marketing).  

8 0
4 years ago
_____ is the process of planning, collecting, and analyzing data relevant to a marketing decision. The results of this analysis
Mashcka [7]

Marketing research is the process of planning, collecting, and analyzing data relevant to a marketing decision. The results of this analysis are then communicated to management.

<h3>What is marketing research?</h3>

Market research, also known as "marketing research" is the process of determining the viability of a new service or product through research conducted directly with potential customers.

Market research allows a company to discover the target market and get opinions and other feedback from consumers about their interest in the product or service.

This type of research can be conducted in-house, by the company itself, or by a third-party company that specializes in market research. It can be done through surveys, product testing, and focus groups.

Test subjects are usually compensated with product samples or paid a small stipend for their time. Market research is a critical component in the research and development (R&D) of a new product or service.

To learn more about marketing research, refer

https://brainly.ph/question/6803084

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7 0
2 years ago
Global Pictures is about to release their second feature film. Their first film was a blockbuster, and their pre-release campaig
Illusion [34]

Answer: Formulate criteria; so that the group members know the group goal and when it has developed a good solution

Explanation:

Standard agenda came about through John Dewey and he refered to it as the process whereby through reflective thinking, individuals find solutions to issues.

Based on the information given in the question, using the standard agenda approach, the task that they should primarily focus on is to formulate criteria to enable group members know the group goal and when it has developed a good solution.

8 0
3 years ago
Opportunity costs refer to:
dybincka [34]
The correct answer is D. Trade-offs associated with financial decisions because the opportunity cost is what you give up in exchange for something else. For example: If you must choose between a hamburger or a hot dog, the one you do not choose is the opportunity cost.  
6 0
3 years ago
Read 2 more answers
Hofstede studied how culture influences consumer behavior. When a Japanese company decides that it will be willing to lose money
4vir4ik [10]

Answer:

The correct answer is letter "C": Temporal orientation.

Explanation:

Holland psychologist Geert Hofstede (1928-2020) proposed there are five dimensions of culture among societies. Those are: <em>Power Distance Index, Individualism Versus Collectivism, Masculinity versus Femininity, Uncertainty Avoidance Index, </em>and<em> Long- Versus Short-Term Orientation. </em>

Long- Versus Short-Term Orientation <em>or </em>Temporal Orientation <em>represents the time horizon individuals of a given society display. Long-term oriented countries are pragmatic, modest and emphasize virtues. Therefore, the Japanese company of the case would be displaying this type of culture by prioritizing objectives for over twenty years rather than two years.</em>

3 0
3 years ago
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