Answer:
c. All of these are correct
Explanation:
Marketing research refers to assembling, analyzing and processing information, which is used to determine and create the marketing strategies a firm shall follow.
Marketing research refers to analyzing such data which helps a business to create define applicable marketing strategies in a given scenario.
A firm may carry out it's own marketing research or outsource the same function to marketing research companies or advertising agencies.
Hence all three, Marketing research companies, Advertising agencies and companies that produce or sell goods may conduct marketing research.
Answer:
C) network effects
Explanation:
Theses are the options for the question
A) monopolistic competition
B) internal marketing
C) network effects
D) guerilla marketing
From the question we are informed about Orange, which is an online-gaming site, has millions of users. The site has many games which pit users against each other. The relative standing of each user is presented in the form of an elaborate ranking system for each game. Users pride themselves on gaining the highest points and the highest rank possible. This rise in user participation has increased the value of Orange significantly. This is an example of network effects. The network effect can be regarded as phenomenon which occur as a result of increased numbers of people or increase in participants improvement about the value of a good or service. One of the example of this effect is Internet. Initially, there were few number of users on the Internet, because people do not see much value then , it was some military and some research scientists that values it, but now almost everyone values it.
Based on business strategies and production, the statement that is true about product life cycles is "Early adopters buy in the introductory phase."
<h3>What is the Life Cycle of a Product</h3>
The life cycle of a product is a term that is used to describe the proportion of time a product goes from being introduced into the market by the producers until it's taken off the shelve.
Usually, the product life cycle is in different stages, and each of the stages is important to the success of the products in the market.
<h3>The Life cycle of a product is the following:</h3>
- introduction,
- growth,
- maturity, and
- decline.
Generally, the in the introduction stage of a product's life the early adopters are the first category of consumers that try new products before most other consumers key into it.
Hence, in this case, it is concluded that the correct answer is option c. "Early adopters buy in the introductory phase."
Learn more about the Product Life cycle here: brainly.com/question/7510515
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Answer:
net income increase = $ 100,000
Explanation:
Find the attachment
Answer:
The correct answer is: market globalization.
Explanation:
Market globalization is the worldwide spread offering of goods and services creating an integrated economy. The main tool of this market is the internet that allows the connection between buyers and sellers from remote physical locations with just a couple of clicks. When it comes to competition, the companies rationalize their value by creating multinational business chains.