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Elena L [17]
3 years ago
10

Good marketing research helps us identify what customers have purchased in the past and what they are likely to want in the futu

re. super fun world is preparing to open its latest theme park in shanghai. it will be collecting lots of information on what customers want while they are at the park. the marketing research company representing super fun might create original surveys with targeted questions that help it collect reliable information. this type of research is described by marketing professionals as the collection of _______. sequential data formative data primary data
Business
1 answer:
Harrizon [31]3 years ago
8 0

Answer:

this type of research is described by marketing professionals as the collection of <u>"primary data".</u>

Explanation:

Primary data refers to the data or information which is gathered form direct sources. we can also say that this is original information. Primary data is gathered by utilizing strategies like studies, meetings, or trials. It is gathered in view of the examination project, straightforwardly from essential sources.  

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_______ has been defined as the process of identifying consumers with similar attributes who are likely to exhibit a similar buy
Hoochie [10]

Global market segmentation has been defined as the process of identifying consumers with similar attributes who are likely to exhibit a similar buying behavior.

<h3><u>Explanation:</u></h3>

The process involved in the identification of a particular segment of customers to sell the products refers to the Global Market Segmentation. Those customers of the groups that has the nature of similar behavior in buying of certain products will be grouped together under this process.

The people in the identified group will have the same purchasing behavior. Thus, when the customers of similar buying behaviors are grouped then the targeting process of the business will become easier. Fir example if you are manufacturing chocolates then it will be easier to target on;ly children and the adults.

8 0
4 years ago
There is an old American adage (saying): If you owe the bank a small amount of money, the bank controls you. If you owe the bank
Alekssandra [29.7K]

Answer:

See explanation below for answer.

Explanation:

In the case of the United States debt to China, the bank in this case is China because, following the analogy in the question, the person entity that lends money to another is the "bank".

As of December 2019, the United States debt to China stood at $1.07 trillion.

This therefore goes to further buttress the point of China being the bank in the case of them lending money to the United States of America.

3 0
3 years ago
Quartz Instruments had retained earnings of $145,000 at December 31, 2017. Net income for 2018 was $90,000, and dividends for 20
BigorU [14]

Answer:

(B) $205,000

Explanation:

Retained  earnings at December 31, were $145.000, with the Net Income for 2018 of $90.000 the total amount of Retained earnings up to $235.000, but as the company has paid dividends for $30.000, it means a cash out of $30.000.

So the new balance in the Retained Earnings Account it's $205.000

5 0
3 years ago
Maverick law office currently orders ink refills 120 units at a time. The firm estimates that carrying cost is 40% of the $10 un
dmitriy555 [2]

Answer:

Economic order quantity (EOQ)= 49 units

Explanation:

Giving the following information:

Demand= 480 units per year

Order cost= $10

Holding cost= 10*0.4= $4

<u>Economic order quantity (EOQ) is the ideal order quantity a company should purchase to minimize inventory costs such as holding costs, shortage costs, and order costs.</u>

Economic order quantity (EOQ)= √[(2*D*S)/H]

D= Demand in units

S= Order cost

H= Holding cost

Economic order quantity (EOQ)= √[(2*480*10) / 4]

Economic order quantity (EOQ)= √(2,400)

Economic order quantity (EOQ)= 49 units

8 0
3 years ago
Alice's pasta kitchen makes quality pasta and sells its products to customers in other countries. this is an example of ___
ololo11 [35]
<span>Exporting. Exporting means sending goods or services produced in one country to another country. This is usually carried out with the intention of boosting revenue. Alice, in this instance, is referred to as an exporter; Exporting has a direct influence on a country's economy including but not limited to improving untapped markets, lower unit cost, minimising the effects of seasonal fluctuations in sales and many more.</span>
8 0
3 years ago
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