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Stels [109]
3 years ago
8

Market research is used to gather information needed to make business decisions.

Business
1 answer:
love history [14]3 years ago
5 0

Answer:

You need to pay for research data before you talk to any customer

Explanation:

In a lean startup approach, startup companies will gather customers feedback regarding their product and devise their plan based on those feedbacks rather than based on their own intuition.

Even though there are methods that we can use to obtain customers' feedback that require payments (such as purchasing the data from social media ), this isn't always necessary.

One thing that a company can do to obtain customers feedback without paying is to do direct outreach to the customers by sending them emails with their opinion about the products or by creating an online forum specifically for the customers to talk about the product.

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Question: You have recently been appointed as a marketing manager for a marketing consultancy firm, and you have been asked to c
Andreas93 [3]

This question is about the correct source of data for a Marketing Strategy Report. See the possible list of sources below.

<h3>What are the possible internal sources of data that one will refer to in your review of operations?</h3>

Sources to be used in this case are statistics relating to sales and marketing data. Examples are;

  • Demography of existing clients
  • Current Marketing strategies that have been deployed in the past

<h3>What are the possible external sources of data that you will refer to in your review of operations?</h3>

  • Business intelligence on the competition
  • Statistics related to the size of the market.

Learn more about marketing Strategy at;
brainly.com/question/25754149
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7 0
2 years ago
Ruben Company purchased $100,000 of Evans Company bonds at 100 plus $1,500 in accrued interest. The bond interest rate is 8% and
Damm [24]

Answer:

c. debit Investment-Evans Company Bonds, $100,000, and Interest Receivable $1,500; credit Cash $101,500

Explanation:

c. debit Investment-Evans Company Bonds, $100,000, and Interest Receivable $1,500; credit Cash $101,500

The interest is due on bonds of $ 100,00 so it is added to the total amount.

The other choices are incorrect as A does not account for interest due.

B does not indicate the amount of interest separately. D is wrong as interest is again deducted from the total of bonds also they are credited it is receivable not payable

3 0
4 years ago
Question is in the image below! please help!
iogann1982 [59]

Based on the discount offered by Next furniture, the discounted price of a sofa would be $669.33

<h3>What is the discounted price of the sofa?</h3>

This can be found as:

= Original price x (1 - discount rate)

Solving gives:

= 999 x (1 - 33%)

= 999 x 0.67

= $669.33

Find out more on discount rates at brainly.com/question/1385340.

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6 0
2 years ago
Ethical constraints allow companies to ______. A. Give employees bonuses b. Show employees trust c. Fire employees easily d. Exc
kipiarov [429]
Ask if go of do of go off
4 0
2 years ago
Based on employment statistics for 2010, which ranks the number of jobs in these careers from least to greatest? Crop Production
NemiM [27]

Answer:

Elementary Education → Accounting → Pharmacy → Crop Production

Explanation:

According to the employment statistics, Elementary education employs the least, and Crop production employs the largest number.

3 0
3 years ago
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