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enot [183]
3 years ago
14

After reviewing the existing data on seasonal spending by his company's customers, Marvin decided he needed new information coll

ected to address his research questions. Marvin will need ________ data to address the questions in his marketing research study.
Business
1 answer:
Studentka2010 [4]3 years ago
3 0

Answer: Primary data

Explanation:

Primary data which is also referred to as raw data, is data such as readings, numbers, figures, etc. that are collected from a particular source. The primary data is the data which is collected by an individual or researcher from the first hand sources, by using methodology such as surveys, experiments or interviews. These are collected, keeping in mind the research project, directly from the primary sources.

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As an advertising manager of a company, you have been asked to write a proposal stating why the company should advertise and it'
viva [34]

Answer: Advertising helps expand the market of the company to have more people to know about the product

Explanation:

Proposal for advertising; My firm, xyz cooperation would love to handle the publicizing aspect of your product while you go ahead your business. We have been into these business for about 20years, so we understand the challenges that comes with the business and how they are tackled. We are creative and emerging with our services, as we offer them with reasonable and affordable prices, do read through our profile as we look forward working with you

Benefits;

1) We expand your market when we advertise for you

2) We brand your firm with a new look and make consumers get attracted

3) We offer a discount of 15% for new firms and subsequently 5% for consistent customers.

6 0
3 years ago
When executives of a firm consider business opportunities only where they can leverage their existing competencies and resources
Tems11 [23]

A company considers enterprise possibilities best wherein they can leverage their current talents and sources, it is able to be concluded that the firm is the usage of related -constrained diversification.

Whilst the links between the various firm's corporations are as an alternative direct, meaning they use comparable sourcing, throughput, and outbound strategies, it is an associated constrained diversification strategy.

With an associated constrained approach, a firm shares sources and sports between its groups. Cable firms which include Comcast and TimeWarner Inc., for instance, share era-based resources and sports across their television programming, excessive-pace internet connection, and speak to service organizations.

Related diversification occurs when a firm moves into a brand new enterprise that has essential similarities with the firm's current enterprise or industries. because movies and television are each aspect of entertainment, Disney's buy of ABC is an example of related diversification.

Among themselves, diversification is called related-constrained. as instance, BIC is stated to comply with a related-confined diversification, as all of its products (razors, cigarette lighters, and pens) share widespread commonalities inside the regions of plastic injection molding, brand name, and retail distribution.

There are three kinds of diversification techniques:

Concentric diversification. Concentric diversification involves including comparable products or services to the existing commercial enterprise. Horizontal diversification. Conglomerate diversification.

Learn more about related -constrained diversification here:

brainly.com/question/14209344

#SPJ4

3 0
2 years ago
Which federal law allows an insurer to obtain an inspection report on a potential insured?
Gelneren [198K]

<span>The federal law that allows an insurer to obtain an inspection report on a potential insured is the Fair Credit Reporting Act.</span>

This is a United States Federal Government legislation enacted to promote the accuracy, fairness, and privacy of consumer information contained in the files of consumer reporting agencies.

4 0
3 years ago
Sandhill Corporation loaned $590000 to another corporation on December 1, 2020 and received a 3-month, 6% interest-bearing note
Oksi-84 [34.3K]

Answer: Debit Interest Receivable and credit Interest Revenue, $2950

Explanation:

Based on the information given in the question, we have to calculate the interest accrued and this will be:

= $590,000 × 6% × 1/12

= $590,000 × 0.06 × 0.08333

= $2949.882

= $2950 approximately

Therefore, the adjusting entry that Sandhill should make on December 31, 2020 will be to:

Debit Interest Receivable and credit Interest Revenue, $2950

6 0
3 years ago
What is the overall process for developing information systems from planning and analysis through implementation and maintenance
love history [14]

Answer:

The correct answer is A. Systems development life cycle

Explanation:

System Development Life Cycle (SDLC) is the overall process for developing information systems, from planning and analysis through implementation and maintenance.

The phases are: Plan, analysis, design, develop, test, implement, maintain

5 0
3 years ago
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