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
RideAnS [48]
4 years ago
5

A systematic, objective process of getting information about potential customers to guide marketing decisions is referred to as

Business
1 answer:
Leviafan [203]4 years ago
3 0

Answer:

Marketing research

Explanation:

Marketing research is the process of obtaining well researched information about a target market and its potential customers. It is an important marketing strategy in that it helps an organization find a new target market and also provide an avenue for potential consumers to provide their opinion and feedback about their interest in the firm's products.

Example of marketing research includes phone survey, online interviews, focus groups, survey etc.

You might be interested in
Consider two cigarette companies, PM Inc. and Brown Inc. If neither company advertises, the two companies split the market and e
Tanya [424]

Answer:

Explanation:

If these two companies were to behave as individual profit maximizers, both company will  advertise regardless of whether the other company advertises or not because their goal primary goal is to increase the profit and domination of the market.

7 0
3 years ago
Discuss 5 sources of government revenue in the economy ​
Marina86 [1]
The government may either sell goods or render services like train, city bus, electricity, transport, posts and telegraphs, water supply, etc. The government also earns revenue from the production of commodities like steel, oil, life-saving drugs, etc.
7 0
2 years ago
True or false the texas legislature is classified as highly professional, the highest level of institutionalization.
Phantasy [73]
<span>Your question lacks some context. So, I am going to assume that you are talking about relates to America as a whole. If my assumption is right, I'd have to say that the answer is false because they are at the state level and the federal level outranks it. For instance, if Texas passes a law abolishing a minimum wage, the law on federal minimum wage still must be followed.</span>
4 0
4 years ago
What is the business importance of managing the quality of business processes? Describe two methods of quality management.
Ratling [72]

Answer:

2 methods are LEAN and Kaizen

Explanation:

The value of quality management is to help businesses enhance the dependability, longevity and quality of their goods. Such variables distinguish a company from its rivals. Quality products equal more satisfied customers and more income.

Lean is a very diverse management technique. Lean most often uses the term theory to be embraced by the company (business). Lean is based on a number of fundamental principles. It is essentially the organization's attempt to improve constantly in all aspects and prevent unnecessary waste.

Kaizen is an development process centered on Japanese cultural heritage. The focus of the enhancement is to progressively optimize methods and working practices, improving quality and reduce scrap, save resources and time to reduce costs, increase workplace safety and reduce working-place hazards.

6 0
3 years ago
Read 2 more answers
Can someone help it’s for a quiz
Vaselesa [24]
2/3 your are Welcome ask
4 0
3 years ago
Other questions:
  • What occurs immediately after a boom in the business cycle?
    11·1 answer
  • The california raisin advisory board used to run ads featuring "the california raisins," a fictitious r&amp;b musical group comp
    12·1 answer
  • Identify and discuss from your findings any three areas which may lead to failure for Toyota south Africa
    5·1 answer
  • Common stock valuelong dashVariable growth Lawrence​ Industries' most recent annual dividend was ​$1.80 per share ​(D0equals$ 1.
    15·1 answer
  • Two-year-old Maya is building a block tower. Her father begins by pointing to where each block needs to go as Maya piles them up
    6·2 answers
  • Read the following descriptions and identify the type of risk or term being described:
    9·1 answer
  • Lekhak Ne nai secunder Kise kaha haihindi<br>​
    12·1 answer
  • Two securities have a covariance of 0.022. If their correlation coefficient is 0.52 and one has a standard deviation of 15%, wha
    15·1 answer
  • Pls help me!! Thank you if you do!
    6·2 answers
  • What aspects and areas of the dental office should be assessed?
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!