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kumpel [21]
3 years ago
13

Specifying constraints, identifying data needed for marketing actions, and determining how to collect data would take place duri

ng which step of the five-step marketing research approach? Multiple Choice Define the problem. Collect relevant information. Develop findings. Develop the research plan. Take marketing actions.
Business
1 answer:
Alborosie3 years ago
4 0

Answer:

The answer is: Develop the research plan.

Explanation:

Once you have defined the problem, the next step is to develop a research plan. In this stage you define what information you really need to collect and how you will do it.

The most common research techniques used are:

  • Interview current and potential customers.
  • Conduct a survey.
  • Research online.

It is very important to know exactly what you are looking for, because useless information will hurt and slow down your research.

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I have a tought that is destination because it goes on so
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3 years ago
Consider the following price indexes: 95 in 2011, 100 in 2012, 129 in 2913, 131 in 2014, and 160 in 2015. If the cost of the mar
Furkat [3]

If the cost of a market basket of goods and services is $3,500 in 2012, the cost of the same market basket in 2015 is $5,600.

<h3>What is the market basket?</h3>

According to common definitions, a market basket is a selected mix of goods and services.

The market basket is commonly used to track the price performance of a specific market or segment, especially with regard to inflation.

An example of a market basket is the Consumer Price Index (CPI).  The CPI is an estimate of the average change of price paid for a specific basket of goods and services over time.

<h3>Data and Calculations:</h3>

Date  Price Index

2011         95

2012      100

2013      129

2014       131

2015      160

Cost of market basket in 2012 = $3,500

Cost of market basket of goods and services in 2015 = $5,600 ($3,500/100 x 160)

Thus, if the cost of a market basket of goods and services is $3,500 in 2012, the cost of the same market basket in 2015 is $5,600.

Learn more about the consumer price index at brainly.com/question/1889164

7 0
2 years ago
TransWave International is a company that markets patented electronic sensors as an early warning device for locating potential
frozen [14]

Answer:

The right option is option C. Team selling

Explanation:

The scenario above shows how TransWave International using team selling

Team selling is a group of people representing the sales department and other functional areas in the firm. The idea behind the concept is that teamwork and sharing knowledge can benefit the bottom line of a firm. It is a sales strategy that involves two-plus members of an organization working together to win business.  

Therefore, TransWave sending an environmental expert, a safety engineer, a legal representative to explain new regulations enacted by the U.S. Office of Pipeline Safety, and an experienced pipeline expert when it meets with a prospect is an example of how TransWave uses Team selling

4 0
3 years ago
Lenders are prohibited from
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Taking money from others
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3 years ago
Pasadena Candle Inc. projected sales of 800,000 candles for the year. The estimated January 1 inventory is 35,000 units, and the
Tanya [424]

Total units to be produced   = 785000  

<u>Explanation:</u>

<u>production budget report in units for Pasadena Candle Inc is as follows:</u>

using the data as per given in the question:

Expected units to be sold                 800000  

Desired ending inventory, Dec 31  20000  

Total units available                         820000  

Estimated beginning inventory, Jan 1  -35000  

Total units to be produced            785000

Note: Desired ending inventory is the sum total of expected units that hev been sold and desired ending inventory at the year end.

Note: The begining inventory is to be deducted from the total units available.

 

7 0
3 years ago
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