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3 years ago

The result of market research are used to identify the for a product

Business

1 answer:

Murrr4er [49]3 years ago

6 0

To identify and define marketing opportunities and problems

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When a firm operates under conditions of monopoly its price is:?

Amiraneli [1.4K]

Havent you played monoply?

4 0

3 years ago

Substitutes have a(n): Please choose the correct answer from the following choices, and then select the submit answer button. in

hjlf

Answer: positive cross elasticity of demand.

Explanation: In simple words, cross elasticity refers to the degree of change in the demand of a good with respect to change in the price of another goods.

In case of substitute goods, one good can easily be used in the place of another good. Thus, if the price of one good increases the demand for its substitute good also increases.

Hence from the above we can conclude that substitute goods have positive cross elasticity.

3 0

3 years ago

Identify the outcomes when a manager views supply chain operations as a collection of processes rather than a collection of depa

RoseWind [281]

Answer: Managers and workers can view operational activities from a customer's perspective

Operation Managers can better ensure that the operational capabilities they create are consistent with the firm's strategy

Explanation:

Supply chain operations refers to the structures, systems, and processes that are put in place for the execution of the flow of goods and services from the supplier to the customer.

The outcomes when a manager views supply chain operations as a collection of processes rather than a collection of departments or functions include:

• Managers and workers can view operational activities from a customer's perspective.

• Operation Managers can better ensure that the operational capabilities they create are consistent with the firm's strategy.

7 0

3 years ago

The Marshall Company has a process cost system. All materials are added when the process is first begun. At the beginning of Sep

Mademuasel [1]

Answer:

c) 48,000 units

Explanation:

The question is to compute the equivalent units of materials in September for Marshall Company

It is computed as follows:

1) Beginning Equivalent Unit

At the beginning, Units = 0, Percent completed = 0 and Equivalent unit= $0

Equivalent Units Started ad Completed

2) Started Units= 50,000 units

Units still in process at the end of September = 5000 units

Started and Completed = 50,000 - 5,000 = 45,000

Since the Units completed is 45,000, it means 100% completed equivalent unit is 45,000

3) Closing Equivalent Units

In process = 5,000 units and percent completed is 3/5

Equivalent unit is 3/5 x 5000 = 3000 units

Finally, total equivalent units for conversion costs in September

= 0 + 45,000 + 3,000

=48,000 units

4 0

3 years ago

Why is it important to look at external sources of information when exploring product and service information?

kolbaska11 [484]

Internal data is from within the company, like operations and sales figures. External data comes from looking at the market, such as consumer trends, and marketing research. It is important to consider external data because it gives companies a better picture of their customers and competitors.

5 0

3 years ago