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4 years ago

After the problem has been defined carefully, the next step in the marketing research process is to: ________.

Business

2 answers:

riadik2000 [5.3K]4 years ago

5 0

Answer:

Development of approach to or method of inquiring the problem

Explanation:

Marketing research refers to a study in which qualitative and quantitative data about issues that have to do with marketing products and services are systematically gathered, recorded and analysed to determine the effect of changing marketing mix components on the behavior of customers.

A marketing research process has a six-step process as follows:

1. Problem definition;

2. Development of approach to or method of inquiring the problem;

3. Research design formulation;

4. Field work;

5. Preparation and analysis of data; and

6. Generation of reports.

It can be seen from the above that the next step after the problem has been defined carefully in the marketing research process is to determine the approach or method of inquiry to employ.

Under the development of approach to or method of inquiring the problem, objective or theoretical approach formulated; models of analysis are developed; research questions and hypotheses are generated; and factors that can affect research designed are identified.

liraira [26]4 years ago

3 0

Answer:

After the problem has been defined carefully, the next step in the marketing research process is to develop a research plan.

Explanation:

The marketing research process is a process aimed at identifying problematic situations present in the daily life of society, with the aim of creating one or more products that meet the needs or solve the problems that such situations cause to people. In this way, it seeks to create a highly demanded product that is profitable for the company that produces it.

The first step in this process is the identification of the problematic situation, after which different resolution alternatives begin to be evaluated, thus creating research plans aimed at finding a solution capable of being monetized through its insertion into the market.

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25. On January 1, X9, Gerald received his 50 percent profits and capital interest in High Air, LLC, in exchange for $2,700 in ca

coldgirl [10]

Answer:

The amount of loss that Gerald

can deduct is $5,050, and how much loss must he suspend if he only applies the tax basis loss limitation is $2,700

Explanation:

Calculation to determine How much loss can Gerald deduct, and how much loss must he suspend if he only applies the tax basis loss limitation

Calculation for Gerald's initial tax basis is

Gerald's initial tax basis= [$2,700 + $3,700 - $2,700 + (50% × $2,700)]

Gerald's initial tax basis= [$2,700 + $3,700 - $2,700 + $1,350]

Gerald's initial tax basis= $5,050

Calculation for Gerald allocation

Gerald 50% allocation =50%*$15,500

Gerald 50% allocation =$7,750

Calculation for the Remaining loss that would be suspended and carried forward indefinitely

Suspended loss= $7,750-$5,050

Suspended loss= $2,700

Therefore the amount of loss that Gerald

can deduct is $5,050, and how much loss must he suspend if he only applies the tax basis loss limitation is $2,700 ($7,750-$5,050)

3 0

3 years ago

Each of the following quality control policies and procedures is typical of ones that can be found in public accounting firms’ s

hammer [34]

Answer:

Quality Control Policies and Procedures and the Elements of Quality (SQCS 8):

1. Assign management responsibilities in such a manner that commercial considerations do not override the quality of work performed.

d. Human resources

2. Establish policies and procedures for resolving differences of opinion among firm personnel that arise during professional engagements.

a. Leadership responsibilities for quality within the firm (the tone at the top)

3. Develop policies and procedures to ensure that professionals are provided appropriate professional development opportunities.

d. Human resources

4. Review engagement documentation, reports, and the client’s financial statements.

f. Monitoring

5. Develop effective performance evaluation, compensation, and advancement procedures. Identify circumstances and relationships that create threats to independence and take appropriate action to eliminate those threats or reduce them to an acceptable level.

b. Relevant ethical requirements

6. Identify whether the firm possesses the competency, capability, and resources to appropriately serve a specific client.

c. Acceptance and continuance of client relationships and specific engagements

7. Devote sufficient resources to develop, communicate, and support the firm’s quality control procedures.

d. Human resources

8. Retain engagement documentation for a sufficient period of time to satisfy the needs of the firm, professional standards, laws, and regulations.

e. Engagement performance

Explanation:

According to SQCS 8, the firm must establish and maintain a system of quality control. The six elements of the system of quality control are:

a. Leadership responsibilities for quality within the firm (the tone at the top)

b. Relevant ethical requirements

c. Acceptance and continuance of client relationships and specific engagements

d. Human resources

e. Engagement performance

f. Monitoring

6 0

3 years ago

Ami cut 6 and three-fourths inches off a long roll of paper. If the roll is now 36 and one-third inches long, how long was the o

belka [17]

Answer: 43 1/12 inches

Explanation:

Since Amy Ami cut 6 3/4 inches off a long roll of paper and the roll is now 36 1/3, the length of the original roll of paper will be:

= 6 3/4 + 36 1/3

Note that the LCM of 4 and 3 is 12.

= 6 3/4 + 36 1/3

= 6 9/12 + 36 4/12

= 42 13/12

= 43 1/12 inches

3 0

3 years ago

Read 2 more answers

Suppose the world price of cotton rises. The demand for labor among cotton-producing firms in Texas will (increase or decrease).

Kisachek [45]

Answer:

When the world cotton price rises, the demand for labor in Texas for cotton producing firms will decrease, the reason for this is that when price of cotton rises producers will want to increase their production of cotton and in order to do this they will need additional labor. The reason that producers will increase their production is that the supply curve is upward sloping, which means that the higher the price the more the producers will be willing to produce.

The demand for labor in textile-producing firms in South Carolina for which cotton is an input will decrease. The reason for this is that cotton is a raw material in this case and when the price of a raw material is increased the supply curve shifts to the left, and when the supply curve shifts to the left producers will produce lesser quantities at the same prices, and this means that their demand for labor will decrease

The unemployment resulting from such sectoral shifts in the economy is best described as cyclical unemployment as this is a result of the overall demand in the economy not being able to support full employment

B. An improvement to a widely used job-search website that allows it to match workers to find vacancies more effectively.

This would decrease the Natural rate of unemployment because this would reduce frictional unemployment, as it would be easier for unemployed people to find vacancies and get jobs.

Explanation:

4 0

3 years ago

The lifetime of a certain type of battery is normally distributed with mean value 12 hours and standard deviation 1 hour. there

Phoenix [80]

In most cases for this type of questions you would have to use a calculator, since this is not a value that can be approximated. Do you have an inverse normal function on your graphical calculator?

3 0

4 years ago