Answer:
The correct answer is D) The process of designing, gathering, analyzing, and reporting information that may be used to solve a specific marketing problem.
Explanation:
The definition of marketing research is process of gathering, analyzing and interpreting information about a market, about a product or service to be offered for sale in that market, and about the past, present and potential customers for the product or service; research into the characteristics, spending habits, location and needs of your business's target market, the industry as a whole, and the particular competitors you face
Answer:
False
Explanation:
It does not necessarily means that when a firm gets a normal rate of return, it earns economic profit also, as it depends on various factors:
- In the short run every firm aims to recover its variable cost, and in it's long term duration to recover its total cost, but it does not necessarily conclude that the return will attain the level of earning economic profit.
- Normal rate of return is based on competitive market, as an average rate of return on market, but if the investment is made from borrowed funds, it might be that the company is not able to pay the cost of borrowing in that case it is even after attaining the normal rate of return it will not earn economic profit.
Answer:
Fiedler's contingency theory of leadership effectiveness.
Explanation:
Fiedler's contingency theory of leadership effectiveness states that one's effectiveness as a leader is determined by how leadership can match the situation at hand.
There is no single best way to lead, but leadership style is determined by the situation.
According to Fiedler's contingency theory of leadership effectiveness, leadership style is fixed and leaders will need to be put into situations that best matches their style.
The two important factors to consider in thos theory are leadership style and situational favourableness.
Answer:
E) all of the above
- A. testimonial
- B. the product itself
- C. portfolio
- D. advertisements
Explanation:
Testimonials are statements that support your credibility, reputation or level of expertise.
If you are trying to sell something, it always helps to be able to show the physical product.
You should keep updated your sales portfolio specially with any new deal or promotion offered by the company or different discount prices.
Advertisements always help by making more people know about your product.
Answer:
Explanation:
Your business plan cover page should include:
Your company logo.
Document title and business name.
Business address and contact information.
Business plan completion date.
Confidentiality statement.