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zheka24 [161]
3 years ago
14

If you had a successful car repair facility and needed to know more about how frequently your customers came in and whether you

were meeting their servicing needs, what kind of research should you do or commission to help address this marketing issue
Business
1 answer:
bixtya [17]3 years ago
6 0

Answer:

Descriptive Research

Explanation:

Considering the scenario described above, the correct answer to the question is "DESCRIPTIVE RESEARCH."

This is because Descriptive Research is a form of research that seeks to answer the question of how, what, where, and when. However, it does not answer the question of why and does not involve the direct manipulation of the researcher.

It aims to describe a situation or population under study.

Hence, in this case, the correct answer is "Descriptive Research."

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<span>Representative money is portable, durable, divisible, and acceptable.</span>

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How does a traditional adversarial relationship with suppliers change when a firm decides to move to a few suppliers
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Answer and Explanation:

The traditional adversarial relationship with suppliers would change when a firm makes a decision to move to the new suppliers. The firm would focus more on the channels that provides more growth prospects.

Firms seek to build long term relationships with the few suppliers. Such long run relationship makes it more likely to recognize the specific objectives of the acquiring firm and the end customer.

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Leland wants to work in a Production career operating heavy machinery. Which type of education or training should Leland seek?
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On job training or vocational school degree
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Economists use gross national product (GNP) to measure ___
rusak2 [61]

Economists use the gross national product (GNP) to measure <u>the output of a nation’s citizens, regardless of where they are. </u>

<h3>Further explanation </h3>

Gross National Product or GNP measures the total output produced by a country's residents, regardless of where they are. Therefore, any output produced by foreign residents within the country must be excluded in calculations of GNP, while any output produced by the country's residents outside of the country must be counted.

Gross national product calculates by adding these factors below:

<h3>Consumption + Government Expenditures + Investments + Exports + Foreign Production   </h3>

Another important economic measure is Gross Domestic Product (GDP). GDP measures the total output produced in the country, regardless of who they are. GDP is the most widely used to measure a country's economic activity. The difference between GNP and GDP may indicate that a country is more engaged in international trade. The larger the difference between a country's GNP and GDP, the greater international activities.

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6 0
4 years ago
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Using the continuous compounding equation, if someone invested $5,000 at an interest rate of 3.5%, and someone else invested $5,
UNO [17]

Answer:

Therefore after 16.26 unit of time, both accounts have same balance.

The both account have $8,834.43.

Explanation:

Formula for continuous compounding :

P(t)=P_0e^{rt}

P(t)=  value after t time

P_0= Initial principal

r= rate of interest annually

t=length of time.

Given that, someone invested $5,000 at an interest 3.5% and another one  invested $5,250 at an interest 3.2% .

Let after t year the both accounts have same balance.

For the first case,

P= $5,000, r=3.5%=0.035

P(t)=5000e^{0.035t}

For the second case,

P= $5,250, r=3.5%=0.032

P(t)=5250e^{0.032t}

According to the problem,

5000e^{0.035t}=5250e^{0.032t}

\Rightarrow \frac{e^{0.035t}}{e^{0.032t}}=\frac{5250}{5000}

\Rightarrow e^{0.035t-0.032t}=\frac{21}{20}

\Rightarrow e^{0.003t}=\frac{21}{20}

Taking ln both sides

\Rightarrow lne^{0.003t}=ln(\frac{21}{20})

\Rightarrow 0.003t}=ln(\frac{21}{20})

\Rightarrow t}=\frac{ln(\frac{21}{20})}{0.003}

\Rightarrow t= 16.26

Therefore after 16.26 unit of time, both accounts have same balance.

The account balance on that time is

P(16.26)=5000e^{0.035\times 16.26}

              =$8,834.43

The both account have $8,834.43.

7 0
3 years ago
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