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alexandr402 [8]
3 years ago
14

Along with four other owners of small retail stores, Scott was invited to participate in a(n) ______________ where the researche

r asked the group general questions about how they felt about a new point-of-sale system for completing and tracking sales. The interview revealed that would be willing to try the system if its price was reasonable.
Business
1 answer:
andre [41]3 years ago
7 0

Answer: Focus group

Explanation: A focus group is a qualitative research technique used by companies for marketing purposes. They are usually employed in traditional market research to gather opinions, feedbacks from target markets/audience and attitudes about products, services or concepts before a decision is made to take the products, services concept into development. A focus group is small, usually about six to ten people, and often demographically diverse.

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Which of the following is an example of traditional management?
arsen [322]
Not sure what the choices are, but traditional management is where goals and objectives are created at the top and employees are in charge of meeting them and for the quality of the product. This is opposed to a quality - focused management style which is more collaborative with customers to achieve continuous improvement of your product and/or service.
3 0
3 years ago
Mendel studied pea plants for particular traits. When observing the results of his experiments, he created two laws of inheritan
Fudgin [204]
Scientific laws are created when a theory has stood the test of time and cannot be proven wrong. A scientific law is a statement based on repeated experimental observations that describes some aspects of the universe. Hope this answers the question.
6 0
2 years ago
Read 2 more answers
A firm in a purely competitive industry has a typical cost structure. The normal rate of profit in the economy is 7 percent. Thi
Mrrafil [7]

Answer:

a. 9%

b. Yes, the firm earning an economic profit of 2%

c. Yes, Industry will see entry or exits

d. Rate of return of economy = 7%

Explanation:

a. Percentage rate of return = Earning ÷ Investment by founders × 100

= $18 ÷ $200 × 100

= 9%

b. Company rate of profit - Rate of profit of economy

= 9% - 7%

= 2% > 0

Yes, the firm earning an economic profit of 2%

c. Yes, Industry will see entry or exits because industry is competitive in nature and would to like to compete to others by satisfying the consumers . In perfect competitive markets there will be no entry or exits and critical characteristics reason companies are free for entry and exit for marginal profits.

d. Industry is competitive , there will be supplier to serve the market and its hard to decide the price of the product.

Hence, the rate of return long run equilibrium earned by firm = Rate of return of economy = 7%

4 0
3 years ago
I need help ASAP.......If you were interviewing someone what questions would you ask???
Rzqust [24]

Answer:

Tell me about yourself.

What are your strengths?

What are your weaknesses?

Why do you want this job?

Where would you like to be in your career five years from now?

What's your ideal company?

What attracted you to this company?

Why should we hire you?

Explanation:

They are basic questions :]

7 0
2 years ago
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What is information gathered for a research called?​
mariarad [96]

Answer:

Data

Explanation:

8 0
2 years ago
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