All categories

3 years ago

For which purpose do producers use surveys and focus group?

Business

2 answers:

ahrayia [7]3 years ago

8 0

The use of surveys and a focus group are needed for research purposes.

zalisa [80]3 years ago

5 0

The correct answer is D. Conducting effective market research

Explanation:

Surveys and focus groups are common research methods used by producers (people that create products) to collect information about customers. In the case of surveys, this method involves asking questions to a group of people to know their opinions and preferences; for example, a producer of clothes can use a survey to ask people about preferred materials. On the other hand, a focus group implies a small group of people discussing a common topic; for example, a producer of a cleaning product can use a focus group to know what customers think about the product.

These two strategies are used to conduct market research, this means the information obtained from surveys and focus groups is used to create plans and strategies to effectively advertise products or solve a problem related to this area. Thus, the purpose of using surveys and focus groups is "conducting effective market research".

You might be interested in

Four degrees of competition

Neko [114]

Answer:

There are four types of competition in a free market system:

perfect competition
monopolistic competition
oligopoly
monopoly

Under monopolistic competition, many sellers offer differentiated products—products that differ slightly but serve similar purposes.

Hope this helps :)

4 0

3 years ago

If the price of good A decreases by 10 percent and the quantity demanded of good B increases by 10 percent, this is evidence tha

Lostsunrise [7]

Answer:

b. complement goods

Explanation:

Complement goods -

These are the type of goods , that are related to each other in a certain manner , is referred to as complement goods.

These type of good are also referred to as paired goods or associated goods .

In case of complement goods , if a person buys first good , then he might require the second good too.

These goods can even alters the prices of each other .

For example ,

people buying a CD player , need to buy the corresponding CD too , and hence ,

CD player and CD are complement goods.

Hence , from the given scenario of the question,

The correct option is b. complement goods .

A complementary good is a good whose use is related to the use of an associated or paired good. Two goods (A and B) are complementary if using more of good A requires the use of more of good B.

6 0

3 years ago

A contract or ________ stipulates in writing all the client's requirements and gives all of the relevant information.

Scrat [10]

It should be noted that contract or event profile is usually stipulated in writing all the client's requirements and gives all of the relevant information.

An event profile can be regarded as set of event scripts, which helps to give description about an event.

This profile or contract do list out all the requirements that is needed by a company from the client in executing their services.

Therefore, contract or event profile serves all the client's requirements and gives all of the relevant information.

Learn more about contract or event profile at:

brainly.com/question/24858866

7 0

2 years ago

Which activity is an example of a time-based goal? A. Catherine plans to learn to play the guitar in the next few years. B. Davi

frez [133]

Answer: C. Farah wants to obtain her college degree in four years

A time bound goal has a specific, measurable time-frame within which a specific goal has to be achieved; it can also set as a specific target to be achieved at periodical intervals.

Amongst the options given, only option C has a specific, measurable and well-defined time frame within which a specific goal is set to realized.

6 0

3 years ago

Read 2 more answers

The Harvest Company sponsors a defined benefit pension plan. The following information pertains to that plan: Projected benefit

tia_tia [17]

Answer:

260 million. The answer is not in the available options.

Explanation:

Projected benefit obligation as at January 01, 2018 250

Add: Service cost 30

Add: Interest Cost (250*6%) 15

Less: Retiree benefits paid 35

Projected benefit obligation as at December 31, 2018 260

3 0

3 years ago