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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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ratelena [41]

Answer: C - $30,000

Explanation: Johnston Company wants to double production of Product X from 1,000 units to 2,000 units.

The variable manufacturing cost per unit is $10. The variable non manufacturing cost per unit is $20.

The selling price per unit is $50

To increase production by 1000 units

Total cost is $10 + $20 = $30

Total incremental cost = 1,000 * $30= $30,000

7 0
3 years ago
The fed can increase the federal funds rate by
Stella [2.4K]

The answer is selling Treasury bills, which decreases bank reserves. The government securities that are used in open market processes are Treasury bills, notes or bonds. If the FOMC needs to grow the money supply in the economy it will acquire securities. On the other hand, if the FOMC wants to decrease the money supply, it will vend its securities.

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3 years ago
What is the meaning or moral standard?
erik [133]

Answer:

A moral standard refers to the norms which we have about the types of actions which we believe to be morally acceptable and morally unacceptable. Specifically, moral standards deal with matters which can either seriously harm or seriously benefit human beings.

Explanation:

may this answer is helpful for you

6 0
2 years ago
On September 1 of the current year, Scots Company experienced a flood that destroyed the company's entire inventory. Because the
dangina [55]

Answer:

$82,580

Explanation:

We can calculate the estimated amount of inventory destroyed in the flood by deducting the cost of goods sold by the cost of goods available for sale.

DATA

Beginning Inventory  = $215,950  

Inventory purchased  = $192,730

 Sales = $543,500

Calculation

Inventory destroyed  Iestimated) =    Cost of Goods available for sale - Cost of Goods Sold

Inventory destroyed  Iestimated) =  $408,680  - $326,100

Inventory destroyed  Iestimated) = $82,580

Working

Cost of Goods available for sale  = Beginning Inventory + Inventory purchased

Cost of Goods available for sale = $215,950   + $192,730

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Cost of Goods Sold  = Sales  - Gross Profits

Cost of Goods Sold = $543,500  - ($543400 x 40%)

Cost of Goods Sold = $ 326,100

4 0
3 years ago
Using a coupon on your cell phone when checking out at the Hard Rock Café, or checking in to a retail location using Foursquare
vazorg [7]

Answer:

c. Mobile Retailing.

Explanation:

Using a coupon on your cell phone when checking out at the Hard Rock Café, or checking in to a retail location using Foursquare mobile app is an example of Mobile Retailing.

Mobile retailing can be defined as the process of buying or shopping for goods and services through the internet by using a smartphone, mobile device or tablets. It is one of the convenient ways, potential customers use to engage in e-commerce.

4 0
3 years ago
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