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ololo11 [35]
3 years ago
15

Finding out how a product or service will do in a certain market is an example of this use of market research.

Business
1 answer:
Sergeu [11.5K]3 years ago
4 0

Answer:

identify if customer needs are being met

Explanation:

market research the action or activity of gathering information about consumers' needs and preferences

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The word decision, is what type of pronoun
GrogVix [38]
It's a singular, common, abstract pronoun.
4 0
3 years ago
What's the present value of a perpetuity that pays $250 per year if the appropriate interest rate is 5%
KengaRu [80]

Answer:

PV of Perpetuity = $5000

Explanation:

A perpetuity is a series of cash flows that are constant, occur after equal intervals of time and are for infinite period of time or are perpetual. Thus, it is like and annuity but with an infinite time period. The formula for the present value of of perpetuity is,

PV of Perpetuity = Cash Flow  /  r

Where,

  • r is the required rate of return

PV of Perpetuity = 250 / 0.05

PV of Perpetuity = $5000

3 0
4 years ago
Erica Jenson has a limited budget for the market research she needs to conduct; however, the sample size for her research is qui
pav-90 [236]

Answer: Internet survey

Explanation:

Internet survey is known to be type of survey which is conducted over the internet in order to get information from a large number of target respondents. Data is gotten from the respondents by inviting them over the internet in order to fill the questionnaire.  It is also known as online survey.  Thus,  it is widely used by researchers because it requires little cost, saves time and is very fast unlike other surveys.

7 0
3 years ago
A manufacturer that sells _ is most likely to employ personal selling.
bonufazy [111]

Answer:

C. Private jets to people.

Explanation:

Personal selling refers to a strategy in which the sales people meet with the customer to convince him/her to buy the product. This strategy is used when the goods of services are costly or technical. According to this, the answer is that a manufacturer that sells private jets to people is most likely to employ personal selling because it is an specialized and costly product that requires to meet the customer to be able to explain everything and encourage him/her to make the purchase.

The other options are not right because they are cheaper products and don't require the sales people to meet with the customer to be able to sell them.

5 0
3 years ago
The LFH Corporation makes and sells a single product, Product T. Each unit of Product T requires 1.5 direct labor-hours at a rat
lora16 [44]

Answer:

$441,000

Explanation:

Budgeted direct labor cost = Budgeted production * Hours per unit * Rate per hour

Budgeted direct labor cost = 28,000 units  * 1.5 DLH * $10.50

Budgeted direct labor cost = $441,000

So, budgeted direct labor cost for June would be $441,000

5 0
3 years ago
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