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RUDIKE [14]
3 years ago
12

Worlds of Fun is preparing to open its newest theme park in Shanghai. Once open, the marketing department will be collecting lot

s of information on what customers want while they are at the park. The marketing research team for Worlds of Fun will create original surveys with targeted questions to help collect reliable information. This type of research is described by marketing professionals as the collection of
Business
1 answer:
erik [133]3 years ago
6 0

The correct answer would be, Primary Data.

This type of research is described by marketing professionals as the collection of Primary Data.

Explanation:

There are two types of data that is being collected and used for a research. They are as follows:

  1. Primary Data
  2. Secondary Data

Primary data is the data which is collected for the purpose for which the research is being conducted. Secondary data is the data which was collected for some other purpose but can be used in the current research as well.

So when the marketing department will collect a lot of information on what customers want while they are at the park, through surveys and direct questioning, the team of marketing department will basically be collecting the Primary data for their research in which they will come to know about the customer needs and wants directly.

Learn more about types of data at:

brainly.com/question/13536450

#LearnWithBrainly

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Dan has been directed to study the forces close to a company that affect its ability to serve its customers, such as the company
shutvik [7]

Answer:

Micro environment                                              

Explanation:

The institution's micro-environment comprises of those components that are manageable. Generally the micro-environment doesn't really impact all businesses in a sector in same manner, as the scale, efficiency, competence and approaches are different.

For instance, the suppliers of raw materials are giving big corporations more compromises. We might not offer small businesses the same concessions though. Thus, from the above we can conclude that the correct answer is micro-environment.

5 0
3 years ago
1. A major controversy that is yet to be resolved about the Medicare Prescription Drug, Improvement and Modernization Act of 200
qaws [65]

Answer:

C. What the program will ultimately cost the federal government

Explanation:

The Medicare Prescription Drug, Improvement, and Modernization Act of 2003 was an attempt to make improvements or amendments to the Social Security Act.  It radically changed the playing field for private plans participating in the Medicare program by substantially raising monthly payment rates in an effort to stabilize the market and reverse the decline in benefit generosity.  It also provided for voluntary prescription drugs under the medicare program.  However, the utilization and cost of the program skyrocketed as soon as the funding source was established.  It has remained unknown what the program will ultimately cost the federal government, no wonder the current administration under Trump wants to turn it upside down.

3 0
3 years ago
Common stock is a vehicle for selling ownership and another way to raise money for​ operations, expansion, or other business nee
ale4655 [162]

The statement, "Common stock is a vehicle for selling ownership and another way to raise money for​ operations, expansion, or other business needs" is true.

<u>Explanation:</u>

Common stock is a distribution tool and a way to raise capital for investment, business growth or other company needs.

Common stock is a kind of  company holding, a type of safety. In many other regions of the world, the terms polling share and prevalent share are frequently were using.

The "common stock" is used mainly in the USA. These are classified as shareholdings or common shares in the United Kingdom and other Commonwealth.

It means that one common stock share constitutes percentage equity of a corporation. In certain words, this is a way to split the assets of a corporation.

For example, if 100 shares were taken out, one share would amount to one percent of the company's intellectual property.

6 0
3 years ago
Webster Corporation's monthly projected general and administrative expenses include $5,000 administrative salaries, $2,400 of ot
algol [13]

Answer:

The total general and administrative expenses to be reported on the general and administrative expense budget per month is $8,800

Explanation:

The computation of total general and administrative expense is shown below:

= Administrative salaries + Other cash administrative salaries + depreciation + Monthly interest on an outstanding bank loan

= $5,000 + $2,400 + $1,350 + $50

= $8,800

All cost is need to be recognized while computing the general and administrative expense because it is related to the expenses. Hence, it is included in the computation part

Hence, the total general and administrative expenses to be reported on the general and administrative expense budget per month is $8,800

5 0
3 years ago
An outward shift of a nation's production possibilities frontier can occur due to
DENIUS [597]

Answer:

The correct answer is option D.

Explanation:

Production possibility frontier shows the different amounts of two goods that can be produced using fixed resources.

An outward shift in the production possibility frontier imply that production of output is increasing.

Production may increase because of increase in inputs.

Here, the shift in production is happening because of increase in labor force.

8 0
3 years ago
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