The next step in the five-step marketing research approach after defining the problem and developing the research plan is to:
- Collect relevant information.
<h3>What is Research?</h3>
This refers to the use of systems to find out the reasons why things occur, the way the occur and the frequency of occurrence based on the scientific method.
With this in mind, we can see that in the research plan, there are steps to be taken and from there, after defining the problem, we would develop the research plan and then collect relevant information.
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Answer:
A notice of cessation
Explanation:
A notice of cessation is a written notice that is issued by the contractee or the owner of a project (or his or her agent) to inform concerned parties that no work has been performed at the project site for a certain period. This notice also sets the time frame within which the affected parties may carry out their lien rights against one another
Answer:
Equilibrium quantity Increase
Explanation:
Equilibrium quantity is the level of supply that's meet the market demand of a product. At equilibrium quantity, there is no excess supply nor shortage in quantity supplied.
Should the cost of producing wheat decline, farmers will supply more wheat in the market. An increase in supply without a corresponding increase in demand results in reduced prices. Many suppliers will complete with few buyers. Due to a decline in prices, the equilibrium quantity increases because farmers will sell more quantities at the new low prices. The supply and demand curves will intersect a higher position in the graph, reflecting the new point where increased supply meets the demand at lower prices.
Answer:
Dividend
Explanation:
In the case of dividends, the preferred stockholders get the priority over the common stockholder.
Out of the profits, the preferred stockholders get a fixed amount of dividend. First, dividend is paid to the preferred stockholders than only common stockholders will get the dividend
This dividend is shown in the retained earning account.
And, the treatment of this dividend would be shown below:
The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid
The correct answer is work flow design.
To offer team members and stakeholders a high-level overview of each activity involved in a certain process, workflow design entails mapping out all activities and processes in a visual manner.
<h3>How does one develop a workflow design?</h3>
Step 1- How to Create an online workflow:
Step 2- Decide on your resources.
Step 3- Make a list of the tasks that must be completed.
Step 4- Determine who is in charge of each task and assign duties.
Step 5- Make a workflow diagram to see the procedure in action.
Step 6- Try out the process you designed.
Step 7- Introduce the new workflow to your staff.
Step 8- Launch the updated workflow.
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