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solniwko [45]
3 years ago
13

A company is conducting market research to determine the best areas to sell its product. It has already determined its research

questions. What is the next step of this company's research plan?
Business
1 answer:
grin007 [14]3 years ago
4 0

Answer:

<u>Collect the data.</u>

Explanation:

The data collection of a market research must be performed using the methodology that most closely aligns with the company's marketing strategy. An effective research research methodology must be adapted to the new form of communication and relationship between companies and consumers.

Currently the most used way to collect data is through digital media, as it is a means of quick, easy, cheap and widely used access by almost the entire population.

There are several ways to collect data, some of which are:

  • Social networks.
  • Telephone interviews.
  • Email interviews.
  • Instant messages.
  • Communication apps.
  • Paid advertising on websites.
  • Tablets used to measure consumer satisfaction at points of sale and services.
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How would you respond to the argument that it is impossible to judge how successful a project like this one would have been unle
ANTONII [103]

<u>Answer:</u>

<u>Explain forecasting</u>

<u>Explanation:</u>

This implies that I will have to let the other person know that it possible to judge how successful a project would be by doing what is called forecasting.

Forecasting allows one to project to a <em>reasonable extent</em> what the success level of a project would be, especially in terms of it's revenue, overall expenses before the project is carried out. A good forecasting tool is Forecast web application which provides future estimates of budget and task duration.

8 0
3 years ago
Police radar equipment is used to detect the speed of objects. In one trial, the radar equipment records a stationary tree as tr
Ganezh [65]

The measurement problems that exist in the radar equipment are accuracy , reliability

<u>Explanation:</u>

There are two different kinds of Radar that is being used such as rotating- antenna radar and  traffic radar. The type of radar that is being used by police contains a stationary single antenna. this will be pointing in one direction. The signal that is modulated will not be sent. There will not be any cathode ray screen for displaying the collected information.

As the antenna points only one direction it can measure only the speed of those object that is either moving towards or away from the radar. It cannot sense the kind of object that it is measuring and it could not also tell the direction in which the object is travelling. Hence, the reliability and the accuracy are the main measurement problems.

3 0
3 years ago
Phân biệt triết lý bán hàng và triết lý Marketing
Rom4ik [11]

Answer:

I don't understand the language

5 0
3 years ago
Which of the following statements is true?
OlgaM077 [116]

Answer:

These statements are true:

A) The Federal Reserve does not set the Federal funds rate, but it influences it through the use of open market operations:

For example, at the very moment the Fed funds rate is 1.75%. If the Fed wanted to raise it to 2%, it would have to do so through the use of open market operations (in this case, because it wants to raise the rate, it would have to sell securities in order to reduce the money supply).

C) The Federal Reserve sets the target for the Federal funds rate, and then uses the reserve ratio to push banks toward that target.

Reserve requirements are perhaps the most powerful, and least often used, monetary policy tool that the Fed has at its disposal. It is very powerful because it directly increases or decreases the money supply.

For example, if the Fed wants to increase the fed funds rate, it can raise the reserve ratio so that banks keep more money in reserves, have less money to loan, and in consequence, create less money, causing the money supply to shrink and the fed funds rate to rise accordingly.

D) The Federal Reserve sets the Federal funds rate.

Correct. More specifically, the Federal Open Market Committee, which meets eight times a year to set the target for the fed funds rate.

3 0
3 years ago
When the demand for smartphones increased in Preteresia, a country in Eastern Europe, the smartphone manufacturers started impor
Elan Coil [88]

Based on the actions of Preteresia , we can infer that this scenario best describes <u>Global Convergence</u>.

<h3>What is Global Convergence?</h3>
  • It refers to the current trend of various dimensions of the human life being integrated across nations.
  • Describes the integration of dimensions such as business, culture, the economy, and political policy across nations.

Preteresia in helping Abresia build those facilities, is engaging in global convergence because the industries in both countries are being integrated to allow for more efficient smartphone manufacturing.

In conclusion, this is global convergence.

Find out more on the effects of global convergence at brainly.com/question/18077255.

7 0
2 years ago
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