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BaLLatris [955]
3 years ago
5

The marketing decision and research problem should be defined clearly so that a. communication between the researcher and the de

cision maker can be reduced. b. research can be designed properly. c. the researcher knows what results to come up with. d. the decision maker understands the decision to be made. e. all of the above.
Business
1 answer:
Angelina_Jolie [31]3 years ago
7 0

Answer:

b. research can be designed properly.

Explanation:

Market research can be defined as a strategic technique which typically involves the process of identifying, acquiring and analyzing informations about a business. It involves the use of product test, surveys, questionnaire, focus groups, interviews, etc.

Secondary market research can be defined as a method designed to determine the demographics of a particular target market.

The marketing decision and research problem should be defined clearly so that the research can be designed properly. Some of the factors to be considered in the design of a market research are;

I. Corporate culture.

II. The environment of the decision maker.

III. The decision maker's objectives.

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In the linear consumption function
nordsb [41]

Answer:

i) the intercept is - 124.84 and it is negative because when the income of individuals is zero their consumption = - 124.84 (i.e. consumer  borrows 124.84 ).

ii) $25465.16

iii) attached below

Explanation:

Given that the equation is

^cons = -124.84 + .853 * inc

<u>i) Interpret the intercept in this equation and comment on its sign and magnitude</u>

intercept : the intercept is - 124.84 and it is negative because when the income of individuals is zero their consumption = - 124.84 (i.e. consumer  borrows 124.84 ).

The slope  = .853 is positive because consumption is will increase by 0.853 whether the income rises or decreases by the value of 1

<u>ii) Determine the predicted consumption when family income = $30000</u>

^cons = -124.84 + 0.853 * ( 30000 )

         = 25465.16

hence when family income = $30000 the predicted consumption = 25465.16

<u>iii) Draw a graph of the estimated MPC and APC  ( inc on the x-axis )</u>

MPC = 0.853 ( constant )

APC = Cons / inc

attached below is the required graph

7 0
3 years ago
Jeffrey works as an independent contractor for an accounting firm jointly owned and managed by the Matthews brothers. Which of t
lions [1.4K]

Answer:

The correct answer is letter "A": Jeffrey will be solely responsible for making payments for his Social Security (FICA).

Explanation:

Independent contractors act like third party services working for an entity to render services for specific jobs. Independent contractors are not employees of the company who hires them for the job which implies the independent contractors are fully responsible for the payment of their own Social Security and Medicare taxes.

8 0
3 years ago
An example of a push strategy is ________. organizing couponing campaigns utilizing newspaper advertising using television adver
Marianna [84]

Answer: Using television advertising

Explanation:

Push marketing strategy, refers to the strategy whereby take its products to the consumers in order to increase the exposure of the product.

Push marketing simply means pushing the brand through the use of promotions and paid advertisiment. On the other hand, pull strategy draws customers towards the product.

6 0
3 years ago
In order for a lawyer to practice law in a state, he or she must pass the state's _____.
AysviL [449]

Answer:

a requirement

Explanation:

state requirement that makes sence

7 0
3 years ago
Read 2 more answers
A company incurs costs of $75 ($67 variable and $8 fixed) to make a product that normally sells for $120. A customer offers to b
elena-14-01-66 [18.8K]

Answer:

C : accept the offer because it will produce net income of $12,600.

Explanation:

In this question we have to compare the cost which is presented below:

In the first case

The variable cost would be

= Number of units buys × variable cost per unit

= 4,200 units × $67

= $281,400

And, the selling cost would be

= Number of units sold × selling price per unit

= 4,200 units × $70

= $294,000

So, the difference would be

= $294,000 - $281,400

= $12,600

3 0
4 years ago
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