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pickupchik [31]
3 years ago
13

________ consists of the factors that have an impact on the definition of the marketing research problem, including past informa

tion and forecasts, resources and constraints of the firm, objectives of the decision maker, buyer behavior, legal environment, economic environment, and marketing and technological skills of the firm.
Business
1 answer:
ICE Princess25 [194]3 years ago
4 0

Answer: Environmental context of the problem

Explanation:

 The environmental context of the given problem basically consist of the various types of factors which have a huge impact on the marketing research related problems.

It basically helps in understanding the various types background related concepts about the industry and also about the client issue.

According to the given question, the marketing related issue basically include the forecast, past information and also the constraints of an organization by developing various types of technological skills in the firm.    

 Therefore, Environmental context of the problem is the correct answer.  

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Slick Sam has a special relationship with his banker. The nature of the relationship is as follows: The bank owes Sam $100 per y
kodGreya [7K]

Answer:

X=97.24

Explanation:

PV = Present Value = X+2000 by the 16th years

PMT = Payments = $100

FV = Future Value = 2000 at the end of 16 years

n= number of years

Applying the equation of future value for annuity

FV = pmt* ​((1+r)ⁿ - 1   )/r

Inputting the values;

2000=100*((1+r)¹⁶-1)/r

Solving for r, gives r = 2.9%

Therefore using the formula for PV for annuity;

PV=PMT*(1-(1/1+r)/r)

X=100*(1-(1/1.029)/0.029

X=100*((1-0.9718)/0.029)

X=100*(0.0282/0.029)

X=97.24

4 0
4 years ago
Monopoly producers are faced with A. only a few competitors producing the same product. B. no competitive producers of the same
VashaNatasha [74]

Answer:

B) no competitive producer of the same product

Explanation:

Monopoly refers to a single seller selling a unique product to a large number of buyers. A monopoly dominate the industry has total control of the market.

Characteristics of a Monopoly

1) High barrier to entry: This implies that competitors are restricted. New sellers are not allowed entry.

2) Single seller and large buyers: There is a single seller selling to a large number of consumers in the market.

3) Unique product: The product sold in a monopoly are unique have little or no close substitute.

4) Price Maker: A monopoly decides on the price he wants to sell his product. He can increase the price at will.

5) Economies of scale: A monopoly enjoys economies of scale because he can buy raw materials in large quantity at a reduced price, thereby reducing the cost of production and increasing Profits.

6) No competitor: Since the market is characterised by a single seller, high barrier to entry, then, competitor does not exist in a monopoly market.

3 0
4 years ago
Read 2 more answers
Presented below is information related to equipment owned by Bramble Company at December 31, 2020. Cost $10,260,000 Accumulated
Neporo4naja [7]

Answer and Explanation:

The journal entry to record the impairment of the loss is shown below:

Loss on impairment Dr $3,670,800  

         To Accumulated depreciation - Equipment $3,670,800

(Being the loss on impairment is recorded)

For recording this we debited the loss on impairment as it increased the losses and credited the accumulated depreciation as it increased the balance of accumulated depreciation

Working note:

Cost $10,260,000

Less: Accumulated depreciation -$1,140,000  

Carrying Amount $9,120,000  

Less Fair value -$5,472,000  

Plus: Cost of disposal $22,800  

Loss on impairment $3,670,800

5 0
4 years ago
Does a sole proprietor need a business license
Andreas93 [3]

Answer: Yes

Explanation: A sole proprietor is a person who is running an entrepreneurship on his own. in a sole proprietorship the law see the owner and the entity as one person and not as separate entity.

To operate their business legally a sole proprietor needs to have a general business license. It is usually required for those proprietors who have taxpayer identification number.

3 0
4 years ago
Canniff Air uses two measures of activity, flights and passengers, in the cost formulas in its budgets and performance reports.
HACTEHA [7]

Answer:

Actual Operating costs         $231,250  

Planned Operating Costs  budgeted = $ 235058

Planned Operating Costs at actual level   = $ 232430

Explanation:

The Planned costs are the costs estimated at the planned level of activity.

The actual costs are costs that actually occur.

But flexible costs are those which are planned ( determined) at actual level of activity.

Canniff Air

                                       Actual                 Planned

Operating costs         $231,250              

The cost formula for plane operating costs is $56,960 per month plus $2,634 per flight plus $6 per passenger.

Planned Operating Costs= $56,960+ 2634 *67 flights + 6*270 passengers

                                        = $ 56960 + 176478+ 1620

                                         = $ 235058

Actual Operating Costs = $56,960+ 2634 *66 flights + 6*271 passengers

                                         = $ 56960 + 173844+ 1626

                                         = $ 232430

We put the values in the given formula to obtains these costs both planned and actual.

4 0
3 years ago
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