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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:

You might be interested in
The government of Diarmina recently passed a law that requires foreign companies to partner with Diarminian companies if they wa
baherus [9]

Answer:

C) policy uncertainty

Explanation:

  • Policy uncertainty is the class of economic risks associated with the irregular economic policy of a particular country's government. Policy uncertainty discourages investment and increases the investment risk factor of the economy.
  • This can come from the regime's volatile and unpredictable monetary or fiscal policy or unpredictable regulatory framework.

so correct answer is C) policy uncertainty

5 0
3 years ago
Zippy had cash inflows from operations $60,500; cash outflows from investing activities of $47,000; and cash inflows from financ
ehidna [41]

The net change in cash formula can be this easy:

Add the two cash inflows and subtract the cash outflows.

So In here we have;

Cash inflows from operations = $60,500

Cash inflows from financing = $25,000

Cash outflows from investing activities = $47,000

$60,500 + $25,000 - $47,000 = $38,500


The net change in cash was $38,500

3 0
3 years ago
Which of the following is an example of human resources planning?
zepelin [54]
It’s B :) because it ensures what fits best to the company about employees idk if that make sense.
5 0
3 years ago
Sheridan Enterprises reported cost of goods sold for 2020 of $1,322,900 and retained earnings of $4,854,000 at December 31, 2020
NemiM [27]

Answer:

See below

Explanation:

1. Corrected amounts for 2020 cost of goods sold

= Cost of goods sold for 2020 - December 31, 2019 ending inventories overstated + December 31, 2020 ending inventories overstated

= $1,322,900 - $106,470 + $36,820

= $1,253,250

2. Correct amounts for December 31, 2020 retained earnings

= Retained earnings December 31, 2020 - December 31, 2020 ending inventories overstated

= 4,854,000 - $36,820

= $4,817,180

3 0
3 years ago
An information system that provides relevant data to help businesspeople choose the appropriate course of action is called a(n _
castortr0y [4]
The answer is:  "Decision support system (DSS)" .
________________________________________________
8 0
3 years ago
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