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kati45 [8]
4 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]4 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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Andrea is a real estate agent, however, she does not have a license as required by statute. Andrea sells a piece of property to
faust18 [17]
<span>The answer is "</span><span>A) If the licensing statute is primarily a regulatory statute, (designed to protect the publicity), Andrea cannot collect her commission</span><span>."
</span>

Regulatory statutes refers to the licensing statutes sanctioned to ensure general society. unlicensed people can't recuperate installment for giving administrations that an authorized individual is required to give.
4 0
3 years ago
To create a balanced budget, one must balance needs against what
mamaluj [8]
To create a balanced budget, one must balance needs against wants.

In order to Create a balanced budget you should:

<span>1. Keep track of your </span>financial gain<span> and expenses.</span>
<span>2. Stay on </span>top<span> of your monthly bills.</span>
<span>3. Be </span>ready<span> for </span>surprising<span> expenses.</span>
4. Not overspend.
<span>5. Figure out </span>what quantity you wish to save lots of to satisfy your monetary goals.
8 0
4 years ago
Read 2 more answers
A Japanese investor can earn a 1 percent annual interest rate in Japan or about 4.1 percent per year in the United States. If th
Whitepunk [10]

Answer: 97.99

Explanation:

The one-year forward rate that an investor would be indifferent between the U.S. and Japanese investments will be:

= Spot rate × (1 + Japanese rate / 1 + U.S rate)

= 101 × (1 + 1% / 1 + 4.1%)

= 101 × [(1 + 0.01) / (1 + 0.041)]

= 101 × (1.01/1.041)

= 101 × 0.9702209

= 97.99

4 0
3 years ago
A sponsor proposes research to evaluate reengineering a commercially available pacemaker. It is hoped that the new pacemaker wil
Darya [45]

Answer:True

Explanation:

A significant risk device presents a potential for serious risk to the health, safety, or welfare of a subject.

It is classified as Significant risk device since it hopes that the new pacemaker will pose fewer risks to individuals when compared to the current commercially available product.

4 0
3 years ago
Supplier development is synonymous with ____. Group of answer choices materials management procurement reverse marketing supplie
notsponge [240]

Answer:

<em>The correct answer is:</em> reverse marketing

Explanation:

Reverse marketing can be defined as the type of marketing in which the customer seeks the company, and not that traditional marketing model whose marketers are looking for customers.

Therefore, in this model, it is necessary to develop the variables that will bring the customer closer to the company, because reverse marketing can be considered an aggressive strategy to achieve objectives, where the buyer is the main decision maker of the purchase.

Supplier development is a technique widely used in business to business markets, where the company is the buyer who will approach the supplier in order to meet their needs.

5 0
3 years ago
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