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Marianna [84]
3 years ago
6

Penningtons Superstore, which specializes in plus-size fashions for women, wanted to see if it should add a line of plus-size ju

nior wear. The following statement reflects which step in the marketing research process? "To see which is more effective, offering products for this market in our current stores or opening separate stores targeted directly to the teenage market, let's distribute questionnaires to current shoppers and solicit their opinions, set up some focus groups with plus-size teens, and locate any relevant secondary research."
A. define the problem
B. develop the research plan
C. collect relevant information
D. develop findings and recommendations
E. take marketing actions
Business
1 answer:
Julli [10]3 years ago
4 0

Answer: (C) Collect relevant information    

Explanation:

According to the given question, the Pennington superstore is one of the women fashion store which is specialized in the Plus- size and based on the given statement it basically reflect the relevant information marketing research process.

The process of collecting the relevant information about the specific topic helps in analyzing the necessary data about the company on the basis of the customer requirement.

According to the given question, the process of reflecting about the relevant marketing research information is to collect the relevant data or information on the specific concept.

Therefore, Option (C) is correct answer.    

You might be interested in
You are an international shrimp trader. A food producer in the Czech Republic offers to pay you 2.3 million Czech koruna today i
Y_Kistochka [10]

Answer:

$19,002.77

Explanation:

The computation of the value of deal is shown below:

The value of the deal = Sales revenue - purchase cost

where,

Sales revenue is

= 2,300,000 ÷ 25.49 koruna per dollar

= $90,231.46

And, the purchase cost is

= 2,800,000 ÷ 39.31 baht per​ dollar

= $71,228.69

So, the value of the deal is

= $90,231.46 - $71,228.69

= $19,002.77

hence, the value of the deal is $19,002.77

6 0
3 years ago
The first step a domestic firm takes when entering an international arena is usually to create an international division.
vodomira [7]

Answer:

The answer is: False

Explanation:

Whenever a company wants to go international it has a lot work to do before creating an international division. Several things must be done before, mostly research, for example:

  • Research if your product is know overseas, is there any possible market for it, are there any restraints for your products in those new markets.
  • Any legal constraint or logistical problem you have to consider.
  • Any local competition you have to worry about.
  • Does your product fit in a new culture.
  • And very many etceteras.

That should all be done before considering spending money on creating an international division.

Probably when the internet didn´t exist, communications were scarce, no Tv existed, people in one country didn´t know anything about other cultures, etc., a comp nay would have first created an international division to scout foreign markets but right now it doesn´t make sense.  

4 0
4 years ago
On August 1, 2021, Trico Technologies, an aeronautic electronics company, borrows $20.6 million cash to expand operations. The l
NNADVOKAT [17]

Answer:

1.

Aug 1st,2021;  Entry to record note issuance is as followed:

Dr Note Receivable   $20,600,000

Cr Cash                      $20,600,000

(to record the issuance of note to Trico Technologies)

2.

Dec 31st,2021; Entry to record interest income from note receivable:

Dr Interest revenue receivable      $515,000

Cr Accrued Interest Income          $515,000

(to record accrued interest income of 5 months; calculated as 20,600,000 x 6% x 5/12 = $515,000)

3. January 31st, 2022; Entry to record repayment of the note at maturity:

Dr Cash                                              $21,218,000

Cr Interest Income                           $103,000

Cr Note Receivable                         $20,600,000

Cr Interest Income receivable        $515,000

( to record the repayment of the principal and interest income, in which 5 months of interest income had already been recorded in 2021, the other 1 month of interest income $103,000 (20.6 million x 6%/12) is recorded at the end of January which is also maturity time.

Explanation:

8 0
3 years ago
The process of collecting, analyzing, and interpreting information about customers, competitors, and other related marketing iss
Ulleksa [173]
I believe <span>marketing research</span>
4 0
3 years ago
The ethical codes that tell employees what behavior is expected of them and establish the punishment for any violations are call
Vilka [71]
<h2>Compliance-based ethical codes that tell employee what behavior is expected of them and establish the punishment for any violations</h2>

Explanation:

Compliance-based ethical code

  • Follow laws
  • Follow rules and regulations
  • Avoid legal complaints
  • This always focus on prevention, early detection of violation
  • Will empower legal counsel
  • State of being in accordance with established guidelines
  • These are the rules attached to the employees
  • The rules, laws and regulation might be as follows

              1. Non-Disclosure agreement

              2. Behavior especially towards women employee

              3. Timings and other administrative procedures

              4. Any other which might create a legal issue

3 0
3 years ago
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