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Ivahew [28]
3 years ago
11

Assume you are the new marketing vice president at Mayo Clinic. The CEO and the board have decided to expand their international

sales revenues by 100 percent over the next five years. Write a memo to your staff outlining the marketing research that will be needed to support such a strategy. Be specific about sources of secondary data and the best places and media for gathering primary data
Business
1 answer:
Feliz [49]3 years ago
8 0

Answer:

The reason for information assortment is to get data which will help in settling on vital choices. In the ebb and flow case, Mayo facility needs to extend their global deals income by 100 percent and they need to do statistical surveying before making any further strides with respect to extension. To complete statistical surveying they are different techniques for information assortment  

Secondary Data Collection

Inside Sources-Customer criticism will assist with deciding the client needs and deals record will assist with deciding the territories which needs improvement  

Outside sources-Business diaries, Business magazines and web will help in getting the PESTEL (Political, Economic, Social, Technological, Ecological, Legal) examination for a nation which will help in drawing an appropriate technique for development  

Primary Data Collection  

Poll It's one of the most mainstream strategy for information assortment where survey is sent to the respondents and respondents should fill the poll and sent it back to the concerned division. It's a minimal effort strategy and gives the capacity to cover huge topographical region.  

Telephonic Interviews - It's a less expensive choice than individual meeting technique and can be led by reaching tests on phone. It's a quicker method to contact enormous crowds and has high reaction rate.

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Answer: market economy’s do not have government interference in businesses

Explanation:

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2 years ago
Belvedere Corporation had a balance in its Equipment account on January 1, Year 1 of $341,200. During the year, equipment origin
Varvara68 [4.7K]

Answer:

$56,600.00

Explanation:

The amount the company spent on purchase of additional equipment during year 1 can be ascertained using the formula below:

amount spent on additional equipment=ending balance of equipment-(beginning balance-cost of equipment sold)

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cost of equipment sold is $93,100

amount on additional equipment=$304,700-($341,200-$93,100)=$56,600.00  

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3 years ago
Specific statements detailing what the organization intends to accomplish over a short period of time are call
kondor19780726 [428]

Specific statements detailing what the organization intends to accomplish over a short period of time are called objectives. Objectives are stated by the company to keep goals on track and allow the organization to monitor their growth and completion. By keeping objectives open to everyone within the organization, it makes it easier for employees to stay on task and make sure by the end of the period, everything is done.

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2 years ago
Explain the ways in which Fiscal Policy and Monetary Policy interact by using Keynesian IS and LM curves. Discuss the impact of
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3 years ago
What is the distinctive competency Toyota appears to be hoping to achieve by investing in Uber Technologies?
JulsSmile [24]

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b. Intellectual property

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Toyota is investing in Uber a car hailing service company.

Uber has cutting edge technology that makes it stand out from other car hailing services.

Toyota wants to have a part of this technology in order to improve on their cars and make them stand the test of time with regards to customer satisfaction.

To do this Toyota invested $500 million in Uber and in exchange they have access to Uber's intellectual property.

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