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const2013 [10]
3 years ago
6

Defining the research problem and research objectives is often regarded as the most difficult step in the marketing research pro

ject. Although this step is challenging, it is critically important because it is impossible to solve problems that have not been clearly defined. With the research problem defined, researchers must decide on the type of research they will pursue to generate the data they need. The three types of research (also called objectives) are exploratory, descriptive, and causal.
Match the problem description into the type of research that would most likely be used to generate the appropriate data.

1. Exploratory
2. Descriptive
3. Causal

a. Thirsty athletes: Greg needs to understand how the consumption of sports drinks varies by geographical region.
b. Hypotheses help: Joe's research problem is still not clearly defined, and he needs to generate some hypotheses for his research.
c. High heels: Sophia wants to know if she can increase the sales of shoes in her boutique by moving the display from the back of the store to next to the registers.
d. Yoga love: Gema wants to open a yoga studio in her hometown, but first she wants to understand how her hometown's residents feel about practicing yoga.
Business
1 answer:
umka2103 [35]3 years ago
8 0

Answer:

Problem Description and Type of Research

a. Thirsty athletes: Greg needs to understand how the consumption of sports drinks varies by geographical region.

2. Descriptive

b. Hypotheses help: Joe's research problem is still not clearly defined, and he needs to generate some hypotheses for his research.

1. Exploratory

c. High heels: Sophia wants to know if she can increase the sales of shoes in her boutique by moving the display from the back of the store to next to the registers.

3. Causal

d. Yoga love: Gema wants to open a yoga studio in her hometown, but first she wants to understand how her hometown's residents feel about practicing yoga.

1. Exploratory

Explanation:

1. Exploratory research clarifies the nature of the problem to be addressed.  It is a preliminary research undertaken before additional research is conducted.

2. Descriptive research describes the situation of a problem by asking how, what, where, and where questions instead of focusing on “why” a particular phenomenon occurs.

3. Causal research (or experimental studies) determines whether a variable or more variables cause or affect the values of other research variables.  It traces the cause and effect of a phenomenon.

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4 years ago
Read 2 more answers
Labor Input Physical output 10 500 11 600 12 690 13 760 14 800 Refer to the above table, answer the following questions: A. If t
Mama L [17]

Answer:

Explanation:

Labor Input       Physical output  

    10                              500

     11                               600

     12                              690

     13                              760

     14                               800

marginal output of 11 th labor = 600 - 500 = 100

price of each product = 7

marginal revenue product  of 11 th labor  7 x 100 = 700

B )

price of each of  the goods sold = 10

marginal factor cost of labour = 700

minimum no of goods to be sold to cover the labour cost

= 700 / 10 = 70

no of goods added due to  addition of 11 the labour = 100

no of goods added due to  addition of 12 the labour = 90

no of goods added due to  addition of 13 the labour = 70

so no of units of labor upto which  the firm will continue to hire

= 13 .  

7 0
3 years ago
A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (20,000 units)
prohojiy [21]

Answer:

If 1,500 units remain unsold at the end of the month, the amount of inventory that would be reported on the variable costing balance sheet is $52,500

Explanation:

For computing how much amount  is recorded in the balance sheet, first we have to calculate the per unit cost.

The formula to compute the per unit cost is shown below:

= Total production cost ÷ Number of units

where,

Total production cost = Direct labor + Direct material + Variable factory overhead

= 240,000 + $180,000 + 280,000

= $700,000

And, the number of unit is 20,000 units

Now, put these values on the above equation which is equals to

= $700,000 ÷ 20,000

= $35 per unit

After that, multiply the per unit cost with unsold units

In mathematically,

= 1,500 units × $35 per unit

= $52,500

Hence, If 1,500 units remain unsold at the end of the month, the amount of inventory that would be reported on the variable costing balance sheet is $52,500

5 0
3 years ago
Which tab would help you toggle between views?
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Answer:

Design

Explanation:

5 0
3 years ago
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Faldo Corp sells on terms that allow customers 45 days to pay for merchandise. Its sales last year were $435,000, and its year-e
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Answer:

DSO is 50.34 days and late payment by 5.34 days

Explanation:

In this question, we use the day's sales outstanding formula which is shown below:

Days sales outstanding = (Accounts receivable ÷ Net credit Sales) × total number of days in a year

= ($60,000 ÷ $435,000) × 365 days

= 0.1379 × 365 days

= 50.34 days

Now, the customer paying early or late equals to

= DSO - Credit period

= 50.34 days - 45 days

= 5.34 days

The amount indicates a positive answer which reflects the late payment

4 0
3 years ago
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