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3 years ago

Market research is the process associated with the controversial act of "data mining" or acquiring information about

Business

1 answer:

alina1380 [7]3 years ago

8 0

Answer:

True

Explanation:

Market research involves collecting, analyzing, and interpreting information regarding a company's brand name, products, services, or the market. It is concerned with gathering data on potential customers, existing and possible competitors of a product about to be launched. Market research is more of a feasibility study on products and services or markets.

Market research involves collecting data from different people, such as suppliers, customers, distributors, and traders. One has to engage these individuals and gather as much information from them. The activities of obtaining information are comparable to data mining.

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Suppose that in Year 1 daily sales at Dave's Deli daily totaled $1,000, and daily sales at Bertha's Burgers totaled $1,500. In Y

kolezko [41]

Answer:

30%

Explanation:

Given that,

In year 1:

Dave's Deli sales = $1,000

Bertha's Burgers sales = $1,500

In year 2:

Dave's Deli sales = $1,300

Bertha's Burgers sales = $1,800

Therefore,

percentage change in sales for Dave:

= [(Change in sales) ÷ sales in year 1] × 100

= [($1,300 - $1,000) ÷ $1,000] × 100

= ($300 ÷ $1,000) × 100

= 0.3 × 100

= 30%

Therefore, the Dave's sales increases by 30%.

4 0

4 years ago

BE10.4 (LO 2), AP Gundy Company expects to produce 1,200,000 units of Product XX in 2020. Monthly production is expected to rang

WINSTONCH [101]

Answer:

80,000 units 100,000 units 120,000 units

Variable cost $1,520,000 $1,900,000 $2,280,000

Total costs $1,820,000 $2,200,000 $2,580,000

Explanation:

Activity Level

Finished Units 80,000 units 100,000 units 120,000 units

Variable Costs:

Direct Materials(Units × $5) $400,000 $500,000 $600,000

Direct Labor(Units × $6) $480,000 $600,000 $720,000

Overhead (Units × $8) $640,000 $800,000 $960,000

Total Variable Costs $1,520,000 $1,900,000 $2,280,000

Fixed Costs

Depreciation $200,000 $200,000 $200,000

Supervision $100,000 $100,000 $100,000

Total Fixed Costs $300,000 $300,000 $300,000

So, Total costs $1,820,000 $2,200,000 $2,580,000

( Variable + Fixed)

4 0

3 years ago

Prepare the journal entries to record the following transactions for Reese Company, which has a calendar year end and uses the s

Dmitriy789 [7]

Answer:

To explain the answer is given as follows,

Explanation:

3 0

3 years ago

AB When considering two mutually exclusive projects, the firm should always select the project whose internal rate of return is

Mnenie [13.5K]

Answer:

False

Explanation:

If an investment project can be repeated, i.e. its life cycle can be extended by reinvesting, the NPV of the project will change.

When considering two mutually exclusive projects, the NPV method should always be considered before the IRR as a means of evaluating which project should be carried out.

3 0

3 years ago

Read 2 more answers

Populist policies are not successful even in the immediate short run at stimulating the economy and creating jobs.

den301095 [7]

Answer:

i think false, REALLY soorry if wrong

3 0

3 years ago