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3 years ago

2. What is the most difficult and yet the most important step in market research?

Business

1 answer:

Yanka [14]3 years ago

5 0

Answer:

The most difficult and the most important step in market research is defining what the problem is.

Explanation:

If you do not define what the problem is properly, you will waste time and money for not focusing on what really matters. Just after defining the problem one is going to try to find solutions in order to solve it.

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During the recession of 2007-2009, the U.S. economy was experiencing a decrease in home prices and consumer wealth, a credit cri

Stels [109]

Answer:Answer The business sector (b)The policy option is the fiscal policy

Explanation:

Recession can be defined as a state of economic declines in a country which in turn lead to decline in the GDP of a country as well as increase in the rate of unemployment in the country. It is a period of slow business activities in the country which can last for period of six months or a year depending on the quick response of the handlers of the economy to quickly put the situation under control. It is a period of slow growth in the economy. In a period of recession, the business sector experience lack of credit facility which arise due to the inability of the banking sector of the economy to lend to the business sector.. during these period there is a decrease in consumer spending, in the sense that, the demand for goods and services by the households will reduced drastically as a result of the reduction in the purchasing power of the people.

However, with a view to bring the economy under control, the policy option to be adopted is the fiscal policy in which the government can increase their spending on the economy, The fiscal policy also includes the reduction of the income tax as a way of increasing the purchasing power of the people. In addition, The banking sector will also be encouraged to start lending to the business sector as a way of boosting the economy and bring back the economy to the path of growth.

3 0

4 years ago

Which is not policy tool used by the fed? ECONOMICS

alisha [4.7K]

Answer:

C. Making tax cuts :)

Explanation:

4 0

3 years ago

In the game of economics,

kirill [66]

Answer:

Services

Explanation:

In the game of economics, services are actions that other people value. Services are something which people get and it helps to improve the utility level of a customer. Services are valued by people because it satisfies their needs and wants. Moreover, this is why people pay a lot of money to get better services because it plays an important to fulfil human wants.

7 0

4 years ago

Galena is a new agent for a financial services company. She decides to join the local chamber of commerce, the local association

Angelina_Jolie [31]

The answer is networking, if there’s more to it then it’s networking to generate leads.

8 0

3 years ago

At the beginning of the year, the Finance Committee and the Planning Committee of a certain company each had n members, and no o

Alexus [3.1K]

The ratio of the total number of members who left at the end of the year to the total number of members at the beginning of the year was 1:6.

There were 24 members on the Finance Committee at the beginning of the year.

Explanation:

We are given that at the beginning of the year, the Finance Committee and the Planning Committee of a certain company each had n members, and no one was a member of both committees. At the end of the year, 5 members left the Finance Committee and 3 members left the Planning Committee.

First, we see that the total number of members of both committees at the beginning of the year is 2n. Also, since 5 members left the Finance Committee, the number of members who are on the Finance Committee at the end of the year is n – 5 and since 3 members left the Planning Committee, the number of members who are on the Planning Committee at the end of the year is n – 3.

We need to determine the value of n.

Considering the Statement in the question

The ratio of the total number of members who left at the end of the year to the total number of members at the beginning of the year was 1:6.

We know that a total of 8 individuals left the committees at the end of the year. Using the information in statement one we can set up the following equation:

(number of members who left)/(members at the beginning)

8/(2n) = 1/6

Cross-multiplying, we obtain:

48 = 2n

24 = n

Thus, there were 24 members on the Finance Committee at the beginning of the year.

4 0

4 years ago