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aksik [14]
3 years ago
11

Market research should be conducted:

Business
1 answer:
Akimi4 [234]3 years ago
7 0

Answer:A- when market share for a product has dropped for three consecutive quarters

Explanation:

Market Research is the gathering of valuable information and data about a particular product or service. This is a very important part of business as the marketing research will help the company get detailed information about their products, how acceptable the product has been in the market, the complaints consumers have on the product and how the products can be improved.

Marketing research provides data that organisations need to stay and remain in business.

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Hatshy [7]
Idk I’m so clueless what are the choices
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3 years ago
Once a business has sold a service, it no longer needs to be concerned with customer satisfaction. True False
kobusy [5.1K]

Answer:

False

Explanation:

' Once a business has sold a service, it no longer needs to be concerned with customer satisfaction' is a False statement.

Customers are the pillars on which every business stands & their satisfaction should be a supreme priority for a business.

There is need of 'After Sale Services' after selling a service. This is important to ensure customer's expectations from the product are met, & they are satisfied with the business' services.

After sale services make customers feel valued. This generates customer retention, customers' loyalty towards business. Such customers are also likely to do word marketing & build a business' reputation in front of other customers.

4 0
3 years ago
What aspect of project management was omitted from the PMI definition that is included in the definition proposed by Meredith an
Illusion [34]

Answer:

Fulfilling client expectations

Explanation:

Fulfilling client's expectations is one of the potent ways an organization can achieve its long term corporate objective. If I were on the PMI decision making body, I would not have outrightly voted for its inclusion. What I will do, however, is to:

1. fully gain an understanding of best practices and procedures that could be applied to achieve the client's expectations.

2. Prototype such procedures, practices and processes and assess its impact on the long term corporate objective.

3. The results from the foregoing will inform my decision.

6 0
4 years ago
What type of PMO do you think would be the best type to start with if your organization does not have a PMO
klemol [59]

Answer: Controlling PMO

Explanation:

Controlling PMO works as an auditor for the company, tis check the organization tools, processes and ensures if standard are applied in projects. They are known by their level at which they control projects, they manage the project activities and budget. Actions are taken into place when measures are not met in the processes, tools and standard.

6 0
3 years ago
Assume a large corporation is experiencing the​ principal-agent problem. What could the corporation do to minimize this​ problem
EastWind [94]

Answer:

1) Structure rewards/pay to be based on performance

2)Make them stakeholders/shareholders of the principal

Explanation:

The major principal/agent problem is the agent not acting in the best interest of the principal. Taking the steps above could minimize the problem

7 0
4 years ago
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