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mart [117]
3 years ago
6

"The management team at Mercury, a department store, has received feedback from the customer service department that the store's

exchange policy creates a lot of stress for customers. The customers need to visit several counters before their product is finally exchanged with another. All attempts to interact with customers to study the problem have failed because consumers chose to become hostile, rather than giving any constructive feedback. The team is now planning to conduct market research by monitoring people s behavior as they wait in line for products to be exchanged. What type of research is the store conducting?
Business
1 answer:
monitta3 years ago
4 0

Answer:

The correct answer is letter "C": Observational research.

Explanation:

Observational research is carried out when there is a need to analyze the behavior of the target population inf the same field where events take place. The target audience is recorded so they can be studied deeply. This type of research is less hypothetical since it captures what the target population really does under regular conditions.

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You purchase both potatoes and gasoline regularly. Your income decreases, and you purchase less gasoline. This means that: Gasol
KIM [24]

Answer:

Gasoline is a normal good

Explanation:

Normal goods are goods that are goods whose demand increases when income increases and falls when income falls

Inferior goods are goods whose demand falls when income rises and increases when income falls.

Because the demand for gasoline falls when income falls, gasoline is a normal good.

I hope my answer helps you

7 0
3 years ago
Lakeside Inc. produces a product that currently sells for $64.80 per unit. Current production costs per unit include direct mate
iren [92.7K]

Answer:

a. Incremental costs = (Direct materials + Direct labor) * 20%

Incremental costs = ($26 + $28) * 20%

Incremental costs = $54 * 20%

Incremental costs = $10.8

Incremental selling price = $72 - $64.8 = $7.2

Incremental profit (loss) = Incremental selling price - Incremental costs = $7.2 - $10.8 = $(3.6)

b. No. As there is Incremental loss, it should not be processed further

5 0
2 years ago
Refused Furniture. Selina arranges to sell furniture from her furniture store to Roland for $3,000. Roland was supposed to give
Tanya [424]

Answer:B. She is entitled to recover the damages if she can show that Roland agreed to pay such damages in his contract with her.

Explanation:

The non payment of the N500 installment by Roland constitute a breach of the sales contract, However an evidence of a commitment to be liable for additional cost that will be incurred will make it possible for Selina to recover the damages.

7 0
3 years ago
One of the best ways to overcome fear is to know what happens in a typical interview
docker41 [41]

Answer:true

Explanation:

8 0
3 years ago
Which business function is concerned with delivering a product or service to customers?
Gwar [14]

Answer:

Production

Production departments or companies are the manufacturing branches of a business to produce products or delivery of services to customers

4 0
2 years ago
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