1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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
Bargaining power of buyers tends to be higher when a company sells a popular product to multiple buyers than when a company is d
Mice21 [21]
False, the bargaining power is lower.
8 0
3 years ago
You are assigned to be the team leader of a group project at your company. You call a meeting with your team but allow everyone
Makovka662 [10]
Someone who nourishes and evokes the best qualities in people
6 0
3 years ago
When working in Excel online what is the location called where you type data?
Naddika [18.5K]

Answer:

Cell

Explanation:

Every little box in excel is called a cell.

5 0
3 years ago
Read 2 more answers
Suppose that the equilibrium price in the market for widgets is $5. If a law increased the minimum legal price for widgets to $6
dmitriy555 [2]

Answer:

c. might increase or decrease

Explanation:

Equilibrium price is the price at which quantity demanded equals quantity supplied in a competitive market.  

Producer surplus is the excess of revenue realized from the sales of the equilibrium quantity at a price higher than the equilibrium price.  

The producer surplus may increase or decrease. It may increase if the quantity demanded, do not decrease. It may decrease if the quantity demanded, decreases.

8 0
4 years ago
Grand Adventure Properties offers a 7 percent coupon bond with annual payments. The yield to maturity is 5.85 percent and the ma
tensa zangetsu [6.8K]

Answer:

The market price of this bond is: $1,069.8.

Explanation:

To calculate the market price of the bond, we have to use the following formula:

Bond Price= C*((1-(1+r)^-n)/r)+(F/(1+r)^n)

C= periodic coupon payments: $1,000*7%= $70

F= Face value: $1,000

r= Yield to maturity: 5.85%

n= No. of periods until maturity: 8 years

Bond Price= 70*((1-(1+0.0585)^-8)/0.0585)+(1,000/(1+0.0585)^8)

Bond Price= 70*((1-0.635)/0.0585)+(1,000/1.58)

Bond Price= 70*6.24+633

Bond Price= 436.8+633

Bond Price= 1,069.8

7 0
3 years ago
Other questions:
  • A good way of remembering your newest contact's name is to
    15·2 answers
  • ABC Inc. has $100 in cash on its balance sheet at the end of 2017. During 2018, the firm issued $450 in common stock, reduced it
    7·1 answer
  • An agent wants to sell a highly valuable unregistered, nonexempt security to a customer. The agent has the client sign a waiver
    8·1 answer
  • When two or more people share an account it is called a joint account. True or false
    5·1 answer
  • Charter Corporation, which began business in 2013, appropriately uses the installment sales method of accounting for its install
    15·1 answer
  • Unfortunately, auditing is not necessary for effective financial reporting. Do you agree with this statement? In 300 words, defe
    7·1 answer
  • Describe the motion observed in objects.​
    13·1 answer
  • Although RICO was passed to prevent gangsters from taking money they earned illegally and investing it in legitimate businesses,
    15·2 answers
  • The Great Recession, a sharp economic downturn that begun in 2008, brought high unemployment, increased business failures, and a
    15·1 answer
  • A company is seeking to avoid the mistakes disney made with disneyland paris. A key priority then is to?
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!