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2 years ago

What are the steps in conducting a market research?

Business

1 answer:

Tpy6a [65]2 years ago

4 0

Answer:

<h2>The marketing research process involves six steps:</h2><h3>1: problem definition, 2: development of an approach to the problem, 3: research design formulation, 4: data collection, 5: data preparation and analysis, and 6: report preparation and presentation.</h3>

Explanation:

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For which pairs of goods is the cross-price elasticity most likely to be positive? a. peanut butter and jelly b. bicycle frames

Levart [38]

Answer: d. Pen and pencils.

Explanation:

Cross-price elasticity measures the degree of responsiveness of the demand for a certain good towards the change in the price of a related good. Percentage is used to measure cross-price elasticity.

In case of two goods like pens and pencils, cross price elasticity is positive. That is, if the price of a pen increases, it will lead to an increase in the demand for pencils. The propertional change in price of pens give a positive relative change in the demand for pencils.

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2 years ago

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Which of the following statements regarding direct finance is true? A. In the United States, more funds flow through the direc

NemiM [27]

Answer: Option D

Explanation: In simple words, direct finance refers to the situation when the borrowers borrows money directly from lenders, and do not consider taking help from any intermediary. In other words, when the issuers in the financial market sell their securities directly to the general investors then such financing is termed as direct financing.

This financing is cheaper and benefits both he lender and the borrower. Hence we can conclude that the correct option is D.

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2 years ago

Motorola's worldwide advertising campaign for cell phones is an attempt to provide a common theme and presentation in all market

larisa86 [58]

Answer: True

Explanation: The scenario given in the question is an example of global advertising campaign.

Global advertising can be referred to as advertising on global scale unification or captivating marketable benefit of worldwide operational variances, similarities and chances in order to accomplish global aims. It is also known as a method where similar universal message is functional at a global scale.

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2 years ago

If a ppf has a negative slope and is bowed out, we experience ________ opportunity costs as we continue to move down and to th

Snowcat [4.5K]

Answer:

Explanation:

Production possibility frontier (ppf) is a graph which shows the existence of opportunity cost of moving from one combination of goods to another . Its slope is always negative and bowing out or downward sloping because opportunity costs always diminish or go down due to law of diminishing marginal return.

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2 years ago

the burden of a tax falls entirely on sellers if group of answer choices the price elasticity of demand is unitary elastic the p

nadezda [96]

B) If the price elasticity of demand is zero, then all of the tax burdens fall on the sellers (perfectly inelastic).

<h3>How does price elasticity work?</h3>

A measure of a product's consumption change in response to a price change is called price elasticity of demand. Price elasticity is a tool used by economists to analyze how changes in a product's price affect its supply and demand. Supply has an elasticity similar to demand, and it's called the price elasticity of supply.

The relationship between a change in supply and a change in price is referred to as price elasticity of supply. By dividing the percentage change in quantity supplied by the percentage change in price, it is determined. What products are produced at what prices depends on the interaction of the two elasticities.

Learn more about price elasticity with the help of the given link:

brainly.com/question/13565779

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2 months ago