All categories

3 years ago

QUESTION 1 of 10: According to the reading, this is the first step in market research:

Business

1 answer:

Anna11 [10]3 years ago

5 0

Answer:

b) Define the question

Explanation:

The following are the steps of the market research:

1. Problem identification: It involves the problem for solving, obejectives of the problem, and the questions related to research

2. Creation of the research plan: It includes The information i.e. required, methods of research, the parties that are responsible

3. Research conducting: It includes The review of the secondary data, the collection of the primary data, and the methods and techniques applied

4. Analyze and report the findings: It includes Analyzing the data, results interpretation, and report & suggestions

5. Actions taken: It includes the Planning, evaluation, and execution

Therefore the option B is correct

You might be interested in

The Chilton Corporation specializes in manufacturing one type of desk lamp. Chilton allocates variable manufacturing overhead co

docker41 [41]

Answer:

Variable manufacturing overhead rate variance = 80,000 favorable

Explanation:

Given:

Overhead rate variance = $1.70 per hour

Total machine hour = 160,000 hour

Actual overhead costs = $192,000

Find:

Variable manufacturing overhead rate variance

Computation:

Variable manufacturing overhead rate variance = [Standard overhead rate - Actual overhead rate]Actual hour

Variable manufacturing overhead rate variance =[1.7 - (192,000 / 160,000)]160,000

Variable manufacturing overhead rate variance = [1.7 - (1.2)]160,000

Variable manufacturing overhead rate variance = [0.5]160,000

Variable manufacturing overhead rate variance = 80,000 favorable

6 0

3 years ago

Sigmund Freud suggested that dreams represent the fulfillment of wishes, yet research suggests that quite a few dreams that peop

kondor19780726 [428]

Answer:

Falsifiability

Explanation:

Based on the information provided within the question it can be said that the principle that is involved here is Falsifiability. This term refers to the assertion that for a hypothesis to have credibility, it has to be inherently disprovable before being accepted as a scientific hypothesis or theory. Otherwise it will not be.

8 0

3 years ago

The forecast for the third quarter is 2,000 units; the seasonal index for the quarter is 1.18. What are the seasonally adjusted

max2010maxim [7]

Answer:

Forecast for the quarter= Forecast for third quarter * Seasonal Index

Putting values in the equation:

Forecast for the quarter= 2000 units * 1.18= $2360

This forecasting method adjusts the previous period amounts to obtain an amount which reflects the seasonal changes. It is widely used in management accounting to estimate future sales while making budgets.

8 0

3 years ago

THREE reasons except politics for the looting of shops,malls and the destruction of business property in GAUTENG and KwaZulu Nat

Helga [31]

Answer:

poverty,lack of AQ,others do it for fun

8 0

2 years ago

What is it called when a company determines how much of a product to create.

Yanka [14]

Answer:

- Forecasting

Explanation:

Forecasting is a technique used by businesses to determine how much of a good to produce. Companies rely heavily on past sales volumes to forecast future productions. Apart from past sales, firms also consider trends in the industry and the countries economic status.

Forecasting is also known as projecting as it involves a rational way of predicting future productions.

7 0

3 years ago