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shepuryov [24]
3 years ago
6

Imagine you own a pet cremation business (or taxidermy service, if you prefer). You want to use market research to identify how

you can grow your business, but you are on a limited budget. Review the marketing research techniques (105 - 116) outlined in the chapter. 1. What information would be most valuable? Explain. 2. Determine which research technique you would use for your small business.
Business
1 answer:
Over [174]3 years ago
3 0

Answer:

1. Population of those owning a pet in the business area

2. Secondary research technique

Explanation:

1. This provides valuable insight into the possible expected market demand for your cremation services, because the number of those having pets let you know if it is viable to get clients in that location or relocate to another promising location.

2. A secondary research technique allows for a situation as this; in which one has a limited budget. This is the case because one can quickly lookup existing research data from reputable sources such as the US Census Bureau free of charge about the target audience.

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Find the final amount of money in an account if $ 8 , 000 is deposited at 5 % interest compounded semi-annually and the money is
Vika [28.1K]

Answer: $12477.27

Explanation:

The formula to find the compound amount after t years (compounded semiannually) :-

A=P(1+\dfrac{r}{2})^{2t}

Given : Principal amount : P = $ 8,000

Rate of interest : r=0.05

Time : 9 years

Now, A=8000(1+\dfrac{0.05}{2})^{2\times9}

A=8000(1+0.025)^{18}=12477.2697417\approx\$12477.27

The final amount in the account will be $12477.27

5 0
3 years ago
Issy's Ice Cream is an international business. As such, it a. invests in international trade or investment. b. needs to have man
pentagon [3]

Answer: The correct answers are "a. invests in international trade or investment." and d. needs to manufacture products or provide services that target a global market.".

Explanation: A company that engages in international business is one that trades goods, services, technology or physical and / or human capital globally.

This means that instead of existing and developing in separate national markets, it unites and transforms them into a single global market through the elimination of barriers between borders.

4 0
3 years ago
What does an increase in the consumer price index indicate?
erastova [34]
It indicates signs of inflation in the economy
3 0
3 years ago
Which practice is in accordance with US GAAP? A. A company values assets at their market value. B. A company recognizes expenses
neonofarm [45]

The correct answer is choice B.

Choice B, a company recognizes expenses when they incur them, is the only choice which is in accordance with US Generally Accepted Accounting Principals. All of the other options are against GAAP.

7 0
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Read 2 more answers
true or false An agent may continue to represent the principal even after the agency relationship is terminated.
Annette [7]

Answer:

False

Explanation:

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It establishes a fiduciary responsibility i.e that of a legal trust between the parties.

Once the agency agreement is terminated, the relationship between a principal and an agent ceases. Thereafter, the agent cannot continue representing the principal and if he does, he shall be held personally liable for such acts which result into any damage or loss to a third party.

7 0
4 years ago
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