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ozzi
3 years ago
11

When Get the Glare Out needed some information about the potential market for its product, the marketing team looked to the Inte

rnet to find industry trends and at the market for eyewear products, which uses the same technology that is used in its self-darkening windshield. The type of information the marketing team was using is referred to as Multiple Choice surveys. focus groups. primary data. secondary data.
Business
1 answer:
Romashka [77]3 years ago
4 0

Answer:

secondary data.

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.

A secondary data can be defined as any form of data that has been obtained or collected earlier by someone else through primary sources for their own purpose and made readily available for other researchers to use. Thus, a secondary data is a type of data that has been previously obtained or collected.

In this scenario, the type of information the marketing team was using is referred to as secondary data because it looked to the Internet to find industry trends and at the market for eyewear products, which uses the same technology that is used in manufacturing its self-darkening windshield.

In conclusion, a secondary data is typically reliant or based on the primary source of information and as such it isn't a first hand experience.

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Categories of expendituresGilberto and Juanita Ivanov live in Swarthmore, PA. Juanita's father, Lorenzo, lives in SwedenFor each
gregori [183]

Answer:

A. The state of Pennsylvania repaves highway PA 320, which goes through the center of Swarthmore.

The repaving of the highway is part of the U.S. GDP, and the category is government pruchases, or G, because it is the state that is spending the money on repaving the road.

B. Lorenzo in Sweden orders a bottle of Vermont maple syrup from the producer's website.

The bottle of maple syrup is part of the U.S. GDP, in the category of net exports, or XN. Exports are included in GDP because they correspond to goods that were produced domestically, and later sold abroad.

C. Gilberto's employer upgrades all of its computer systems using U.S.-made products.

The U.S. made products to upgrade the computer are part of the U.S. GDP, in the category of consumption, or C. The products were made in the United States, and were purchased by a citizen, not by a government agency, for this reason, the transaction is classified as private consumption.

D. Juanita gets a new video camera made in the United States.

The camera is part of the U.S. GDP, in the category of consumption. This example is the same as above: the camera was made in the United States, and purchased by an American citizen, who lives in the United States.

E. Gilberto buys a sweater made in Guatemala.

The sweater is not part of U.S. GDP because it was not made domestically, it is an import, and imports are not part of GDP.

6 0
3 years ago
The use of a freight forwarder that consolidates shipments from several organizations into efficient lot sizes usually increases
zloy xaker [14]

Answer:

False

Explanation:

It is important to note that freight forwarders provide all the services necessary to move products from origin to destination using their network of service providers. Which reduces transit time because they can provide document services, customs clearance, or any other service.

Also Shipping companies provide a better rate to Freight forwarders that ships bigger volumes, and this often leads to savings in shipping cost.

4 0
3 years ago
Recently, u. S. Dairies, struggling to increase milk sales, tried to change the way adults thought about milk. The dairies wante
Ronch [10]

In this particular scenario, the dairies are making an effort to change the way that adults perceive chocolate milk, and they want to reposition it in the minds of their customers.

The term "repositioning" refers to the process of moving a product's position in the mind of the client in relation to the benefits that the product provides. It is a very difficult and nuanced procedure due to the fact that the brand or product needs or requires changing the way in which the market views the product. Repositioning is the process of changing how a product or service is understood or perceived by a particular market. This can be done to attract new customers or retain existing ones.

The positioning of a product is determined by the customers' perceptions of the product's qualities and their judgments of the product in respect to competing products. Consequently, repositioning requires making significant adjustments to the way the target market perceives the product. Repositioning is not always easy, especially for companies that have established names and faces within their customer base.

To learn more about Repositioning, please see the following link: brainly.com/question/28940273

#SPJ4

3 0
1 year ago
Starbucks traditionally has relied on a franchising model to expand internationally. But when it came to India, the coffee chain
PtichkaEL [24]

Answer:

joint venture

Explanation:

Traditionally, Starbucks has depended on a model of the franchise to expand globally. However, when it comes to India, another approach was taken by the coffee chain. It allied with Tata Group to creat a joint venture.

A joint venture (JV) is a business deal where 2 or more parties agree to pool their money for a particular task to be accomplished. This role can be a new project or any other operation of the business.

7 0
3 years ago
Alex Ltd. produces kitchen tools, and operates several divisions as profit centers. Division M produces a product that it sells
alexira [117]

Answer:

Division N's purchase costs will decrease by $90,000 per year

Explanation:

Division N's purchase cost form outside vendor = total units purchased per year x unit price = 30,000 units x $15 = $450,000

if Division N obtains the product form division M with a transfer price of $12 per unit, their costs will decrease by = total units x (vendor price - transfer price) = 30,000 units x ($15 - $12) = $90,000 per year

4 0
4 years ago
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