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dolphi86 [110]
3 years ago
14

Explain two reasons why accurate market research information is important

Business
1 answer:
Sergeeva-Olga [200]3 years ago
4 0

Answer:

Form partnerships with other businesses. Learning about who your customers are, such as their demographics, can help you find other small businesses that serve them. You can approach these businesses for joint promotions that'll be mutually beneficial.

Create profitable order upgrades. Knowing the other products and services that your customers tend to buy can help you come up with add-ons, product bundles, and up-sells that increase the average value of each order.

Explanation:

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Virus protection ____ and apps require continual updates with information on recently discovered viruses.
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7 0
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How do you know you need to become a better test taker? A. You always get nervous before a test., B. You usually do better on ce
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Answer:

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Explanation:

7 0
3 years ago
Manny has car insurance and was in an accident with a bill totaling $11,500. The insurance company says he needs to pay the firs
Charra [1.4K]

Answer:

A deductible

Explanation:

In insurance a deductible is the amount that a victim of an accident will have to.paynoit of his own pocket before the insurance pays for the rest.

When setting up an insurance the customer is allowed to set his deductible.

Lower deductibles attracts higher premium payments, while higher deductibles have lower premium payments.

In the scenario where Manny was in an accident with a bill totaling $11,500 and the insurance company says he needs to pay the first $1000. The $1,000 is the deductible amount

7 0
3 years ago
You have borrowed $28,000 at an interest rate of 12% compounded annually. Equal payments will be made over a four-year period, w
Sloan [31]

Answer:

A = 28000 [\frac{0.12 (1.12)^4}{(1.12)^4 -1}]

A = 28000 [\frac{0.12*1.574}{1.574-1}]

A=28000*0.3292 = 9218.564

So then the annual pay would be $ 9218.564 for this case

Explanation:

For this question we can use the Equivalent annual value (A) given by the following expression:

A = PV [\frac{i (1+i)^t}{(1+i)^t -1}]

Where PV = 28000 represent the pesent value

i = 0.12 since the rate is yearly

t = 4 since we have 4 years to pay

So then we have everything to replace and we got:

A = 28000 [\frac{0.12 (1.12)^4}{(1.12)^4 -1}]

A = 28000 [\frac{0.12*1.574}{1.574-1}]

A=28000*0.3292 = 9218.564

So then the annual pay would be $ 9218.564 for this case

And this amount would be paid each year in order to pay all the money after 4 years.

6 0
3 years ago
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