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3 years ago

Why is it important for business people, who are increasingly exposed to research results, to study marketing research?

Business

1 answer:

LUCKY_DIMON [66]3 years ago

4 0

Answer:

D) All of the above

a. So they won't take research results at face value
b. So they will know how to ask the right questions about the research
c. So they can determine the validity of the results

Explanation:

Marketing research is defined as the process of collecting, analyzing and interpreting information that can be used to develop, implement and monitor a company's marketing plan.

Imagine if a manager received a study, he/she cannot take for granted that the study was well developed, carried out and the results were interpreted correctly. The manager must know how to evaluate if the parameters of a research are correct or if the results are valid or not.

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1.Economics is the study of ____________________ and _________________________.2.What is opportunity cost

jolli1 [7]

Answer: See explanation

Explanation:

Economics is the study of human behavior and also how resources are allocated in the society. Economics studies the reason for the behavior in the individuals, firms or government when certain situations happen in the economy.

Opportunity cost is refered to as n alternative cost that's, the cos if what we forgo when we make an alternative decision. For example, if I purchase a book for $20, the opportunity cost is something else that I could have used the $20 for.

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3 years ago

Net income reported on the income statement for the current year was $350,000. Depreciation recorded on plant assets was $26,000

Sonbull [250]

Answer:

$357,500

Explanation:

Cash flow from operating activities on the statement of cash flows:

= Net income + Depreciation Expense - Increase in accounts receivable - Increase in inventory + Decrease in prepaid expense - Decrease in accounts payable

= $350,000 + $26,000 - $3,000 - $5,000 + $2,500 - $13,000

= $357,500

Therefore, the net cash flow from operating activities is $357,500.

6 0

3 years ago

Sweeties, Inc., manufactures a sugar product by a continuous process, involving three production departments-Refining, Sifting,

babymother [125]

Answer and Explanation:

Journal Entries to record the flow of costs into the refining department

Dr Work-in process - Refining Department $369,000

Cr Materials $369,000

Dr Work-in process - Refining Department $146,000

Cr Wages Payable $146,000

Dr Work-in process - Refining Department $97,600

Cr Factories Overhead - Refining Department $97,600

b. Entry to record the transfer of production costs to the second department

Dr Work-in process - Sifting Department $614,400

Cr Work-in process - Refining Department $614,400

Work-in process - Sifting Department [$30,200 + ($369,000 + $146,000 + $97,600) - $28,400]

=$30,200+($612,600-$28,400)

=$30,200+$584,200

=$614,400

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3 years ago

Express the balance sheets in common-size percents. (Do not round intermediate calculations and round your final percentage answ

ArbitrLikvidat [17]

Answer:

SIMON COMPANY'S YEAR END BALANCE SHEET

AT DECEMBER 31 Current 1 yr ago 2 yrs ago

cash 6.1% 8.1% 9.90%

Accounts receivables 16.6% 14.1% 13.2%

inventory 21.5% 18.9% 14.6%

prepaid expense 1.8% 2.1% 1.1%

plant asset 54.0% 56.8% 61.2%

Total Asset 100.0% 100.0% 100.0%

Liabilities and Equity

Accounts payable 24.4% 17.1% 13.2%

Notes payable 18.6% 23.0% 22.5%

common stock 28.5% 33.1% 40.5%

Retained earnings 28.5% 26.9% 23.8%

total 100.0% 100.0% 100.0%

2) The change in % of accounts receivables is unfavorable because this means that our Debtors are not paying instead are continuing to buy on credit and that our collection methods are weak and ineffective.

3) The % change in inventory is unfavorable because it means we are selling less stock as years goes by and that we are buying more than we are selling.

Explanation:

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3 years ago

The 100-room Fantastic Florida motor lodge accepts only cash for its guests. On Saturday evening the hotel had 90 of its rooms o

Fudgin [204]

Answer: 100.00

Explanation:

3 0

3 years ago