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andrew-mc [135]
3 years ago
7

A pharmaceutical company in 2016 is researching the market conditions for their newest cold medicine. They pull demographic data

for their target city: Phoenix, AZ. They base their marketing efforts on that demographic data only to discover later that the data was from the 2010 Census. What type of known limitation did this company run into with their secondary research?
Business
1 answer:
Schach [20]3 years ago
5 0

Answer:

Secondary data technique is not perfect for marketing research

Explanation:

The secondary method is useful, as it is difficult to perform or conduct a new survey. More, importantly using secondary data technique in marketing research is not an ideal method, because the data may be inaccurate or outdated. The pharmaceutical company was performing marketing research, and usually, the availability of new marketing data is challenging to get from secondary sources.

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ones Company elected to use the cumulative earnings approach for distributions from its equity-method investment purchased at th
vichka [17]

Answer: $210,000

Explanation:

The cash flow statement deals with actual cash being transacted. If the company received $210,000 in dividends, this came as actual cash and will therefore be the amount recorded as being received as dividends under the operating activities section of the cash flow statement.

Return on investment is usually an unrealized figure which means that it is a non-cash transaction and so will not reflect in the cashflow statement.

4 0
3 years ago
Last year, you estimated you would earn $5 million in sales revenues from developing a new product. So far, you have spent $3 mi
lisabon 2012 [21]

Answer:

Up to $4 million

Explanation:

The $3 million spent in developing the product is the sunk cost which is irrelevant in the analysis of how much to spend on the project.

Since it is expected that the project would generate $4 million, up to $4 million is the amount the amount that should be spent on the completion of the project.

I hope my answer helps you

5 0
3 years ago
Operating Leverage Beck Inc. and Bryant Inc. have the following operating data: Beck Inc. Bryant Inc. Sales $1,250,000 $2,000,00
Ivenika [448]

Answer:

1. a. For Beck Inc = $5

b. For Bryant Inc. = 2.5

2. For Beck Inc = $100,000

For Bryant Inc. = $150,000

Explanation:

The computation of given question is shown below:-

a. Operating leverage = Contribution ÷ Net income

For Beck Inc

= $500,000 ÷ $100,000

= $5

For Bryant Inc.

= $750,000 ÷ $300,000

= $2.5

2. Operating income = Current Earning before interest and tax × Percentage increase in profit

For computing the operating income first we need to compute the increase in profit.

Increase in profit =  Operating leverage × Percentage

For Beck Inc. = $5 × 20%

= 100%

now we put into formula

= $1,00,000 × 100.00%

= $100,000

For Bryant Inc. = $2.5 × 20%

= 50%

now we put into formula

= $3,00,000 × 50%

= $150,000

4 0
3 years ago
Economic analysis indicates minimum wage legislation has a. made it possible for any teenager who wants to work to earn almost 8
ivann1987 [24]

Answer:

d. is correct

Explanation:

made it easier for teenagers to find jobs that offer the opportunity for training.

Everyone starts a career , step by step, from the minimum salary to the top of income.

5 0
3 years ago
The oversupply of hospitals and in-patient beds in the U.S. produced by the Hill-Burton legislation is the result of: A. The adv
galben [10]

Answer:

The oversupply of hospitals and in-patient beds in the U.S. produced by the Hill-Burton legislation is the result of:

E. A and C

(A. The advent of managed care and C. Technological advances).

Explanation:

Affordable Care Act produced a managed care system that aligns financial incentives to better care at lower costs.  This has eliminated the need for in-patient admissions.  This is because the Affordable Care Act also created Accountable Care Organizations (ACOs) which in turn are focused on boosting preventive efforts in order to attain quality goals.  With preventive healthcare, there is reduced need for in-patient admissions to utilize the hospital beds.

Another factor that has reduced in-patient admissions is the prevailing technological advances, especially in the areas of telehealth and telemedicine.  These have also drastically reduced the need for in-patients at hospitals, thus freeing more hospital beds as patients can now receive healthcare services from even remote locations.

6 0
3 years ago
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