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kati45 [8]
3 years ago
12

Before introducing a new product to the​ market, a food products company conducts market research to identify the​ lifestyles, p

atterns of​ behavior, and attitudes of consumers in the target market. This market research targets the​ ________ component of the external environment.
Business
1 answer:
solmaris [256]3 years ago
7 0

Answer: Sociocultural

 

Explanation: Socioculture refers to the independent operating factors that affect the perspectives of individuals living in the society as a whole. These include the education system, law, lifestyle and religion etc.

The organisations nowadays carefully analyze these factors before introducing a product as these factors are the determinants of one's preferences and wants.

For example- Before entering into the markets of India, mc donalds decided to not to serve beer, pork or beef due to the religious beliefs of the individuals.

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Social security pays $0. 90/dollar for your first $826 in earnings, $0. 32/dollar for the next $4154 in earnings, and only $0. 1
masya89 [10]

Social Security benefits are typically computed using "average indexed monthly earnings."

<h3>What is the Social Security bonus trick?</h3>

That's a myth: 62 is the earliest age you can claim your benefit, but it's not the only age to do so.

Waiting to claim Social Security after age 62 comes with a bonus: roughly 8% additional monthly income per year for each year you delay claiming (up to age 70).

<h3>What is the lowest Social Security monthly benefit?</h3>

The first full special minimum PIA in 1973 was $170 per month.

Beginning in 1979, its value has increased with price growth and is $886 per month in 2020.

The number of beneficiaries receiving the special minimum PIA has declined from about 200,000 in the early 1990s to about 32,100 in 2019.

Learn more about social security here:

<h3>brainly.com/question/22048159</h3><h3 /><h3>#SPJ4</h3>

7 0
1 year ago
Max's demand for hot dogs falls as his income rises, then for Max hot dogs are a. a bad good. b. a normal good. c. a neutral goo
kotykmax [81]

         The reduction in Max's demand for hot dogs as his income rises shows that Max's hot dogs are an inferior good.

<h3>What is an inferior good?</h3>

An inferior good is a concept used in economics to describe a product whose demand falls as people's earnings increase. As salaries and the economy improve, people begin to replace these things with more expensive alternatives.

  • The demand for an inferior good usually falls as consumer income grows, as opposed to normal goods, which experience the reverse. 

Therefore, we can conclude that the reduction in Max's demand for hot dogs as his income rises shows that Max's hot dogs are an inferior good.


Learn more about inferior goods here:
brainly.com/question/6039968

5 0
3 years ago
The process of earning compound interest allows a depositor or investor to earn interest on any interest earned in prior periods
Setler79 [48]

Answer:

A) true

Explanation:

Compound interest can be regarded as

adding of interest gotten to the principal sum of a deposit or the principal sum of a loan. It's one that is gotten after reinvesting of ones interest instead of paying it out, as a result of this the interest that comes in

next period will be earned on the principal sum along with those interests accumulated before. It should be noted the process of earning compound interest allows a depositor or investor to earn interest on any interest earned in prior periods.

6 0
3 years ago
A Japanese insurance company purchases U.S. government securities. From the perspective of the United States, the balance of tra
Helga [31]

Answer:

a. not change; improve

Explanation:

Balance of trade is the difference in value over a period of time between a country’s imports and exports of goods and services,  usually expressed in the unit of currency of a particular country (e.g., dollars for the United States, yen for the Japan).

Balance of payments record the receipts and payments of the residents of the country in their transactions with residents of other countries.

A Japanese insurance company purchases U.S. government securities. From the perspective of the United States, the balance of trade with Japan will not change and the balance of payments with Japan will improve.

7 0
3 years ago
The growth of industrial manufacturing affected skilled tradesmen by:.
alina1380 [7]

answer:

removing control of their labor and their sense of independence.

8 0
2 years ago
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