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topjm [15]
3 years ago
10

A not-for-profit firm uses a small convenience sample to gather data on customer reactions. It invites a small group of customer

s for lunch and asks them to share what they think about the products they have purchased from the firm. This is an example of_________.
A. experimental research
B. neuromarketing
C. direct marketing
D. informal surveys
Business
1 answer:
Rzqust [24]3 years ago
5 0

Answer:

D. informal surveys is the correct answer

Explanation:

  • Informal survey objectives are to develop an understanding and to collect on the farmers' and customer's situations and also to plan the process to find a solution for these types of problems.
  • In the informal surveys, data gathering process is iterative and interviews are semi directed which is  carried out by the interdisciplinary member
  • Informal surveys are also called as exploratory surveys.
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ABC Medical Technology, a fast-growing global research firm, has accumulated so much client information that conventional databa
Alex787 [66]

Answer:

Big data

Explanation:

Big data is defined as the methods of analysing and extracting meaningful insights from data that is so large that traditional data processing methods cannot be used to analyse.

Challenges encountered when analysing big data include data capture, data storage, data analysis, sharing, transfer, visualisation, querying, and updating.

ABC Medical Technology has accumulated so much client information that conventional database management systems cannot handle its customers' needs. It uses big data analysis to extract relevant information.

3 0
3 years ago
Read 2 more answers
A company has two products: standard and deluxe. The company expects to produce 43,681 Standard units and 39,390 Deluxe units. I
Ad libitum [116K]

Answer:

The following information was missing, so I looked it up:

  • Direct materials for standard units = $6,940 / 43,681 units = $0.1589
  • Direct labor for standard units = $7,738 / 43,681 units = $0.1771

                             Budgeted OC           Standard         Deluxe

Purchasing             $93,000                  2,500               5,250

cost per purchase   $12                        $30,000          $63,000

Designing              $92,000                   4,500               5,500

cost per design      $9.20                      $41,400          $50,600

Shipping                 $87,000                  3,000               2,800

cost per order          $15                        $45,000          $42,000

Job cost sheet for standard units

                                                 Cost per unit           Total costs (43,681 units)

Direct materials per unit             $0.1587                           $6,940

Direct labor per unit                    $0.1770                            $7,738

Purchase costs                           $0.6866                         $30,000

Design costs                               $0.9476                           $41,400

<u>Shipping costs                             $1.0301                          $45,000</u>

Total                                                  $3                              $131,078

4 0
3 years ago
"In the late summer of 2005 some regions of the country were suffering from drought. What effect would we expect this to have on
den301095 [7]

Answer:

The answer is: You would expect a lower stock price.

Explanation:

Since John Deere´s main business is manufacturing and selling farming equipment you would expect its sales to rise when farmers are having a successful business year. But when farmers are having a very harsh and bad economic year then you would also expect John Deere´s sales to fall.

If your clients are suffering from a drought that means they will probably lose money or in a best case scenario earn a smaller profit. So they will have less money to invest in new equipment which results in lower sales for companies like John Deere. If John Deere´s sales are lower, they themselves will have a bad economic year so it is logical to assume that their stock price will fall.  

3 0
3 years ago
3) What is the present value of $1000, received at the end of 4 years of investment, with a discount rate of 4%?
MA_775_DIABLO [31]

Answer:

$854.81

Explanation:

The formula for calculating the present value is as below

PV = FV/( 1 + r)^n

Where Fv =1000

r = 4% or 0.04

n= 6

PV = $1000/ (1 + 4/100)^4

PV=$1000/(1 + 0.04)^4

PV=$1000/1.16985

PV =$854.81

.

8 0
2 years ago
Read 2 more answers
An accrediting agency’s published rules, which serve as the basis for comparative assessment during the review or survey process
valentinak56 [21]

For a health profession, the term "accreditation standard" refers to a standard used to determine whether a program of study and the educational institution that offers it equips graduates with the knowledge, abilities, and professional qualities required to practice their profession in Australia.

<h3>What do the accreditation standards serve?</h3>

Higher education accreditation is a collaborative process based on peer and self-evaluation. Its goal is to raise academic standards and public accountability. This ongoing quality control process is often carried out every five to ten years.

A school, postsecondary institution, or program offering is accredited when it has received initial and ongoing confirmation that it satisfies the requirements set by a nationally recognized accrediting agency for membership in the association.

For more information about accreditation standards refer to the link:

brainly.com/question/1450219

#SPJ4

6 0
2 years ago
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