1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ann [662]
2 years ago
15

Higher Ed Publishing is conducting market research to determine what customers think about its educational technology products.

Which statement is the best example of how this company can use primary data to gauge customer opinions and interest in its products?
Business
1 answer:
zheka24 [161]2 years ago
4 0

Answer:

It can conduct a telephone survey about its products.

Explanation:

Researches regarding the product, customer opinions and interests of the customers are obtained through the primary and secondary data collection. The collection of the such data helps in gathering the information and helping in the advancement of the product.  

In the given excerpt, the company is using the primary data and collecting the information from the customers. The primary data here is gathered through the telephonic survey about the product. The opinions and interests of the customer are collected through market research.

You might be interested in
Susan Zupan, a lawyer, accepts a legal engagement in March, performs the work in April, and is paid in May. If Zupan's law firm
UkoKoshka [18]

Answer:

The month of April

Explanation:

Susan Zupan, a lawyer, accepts a legal engagement in March, performs the work in April, and is paid in May. If Zupan's law firm prepares monthly financial statements, the law firm should recognize the revenue in April because according to revenue recognition principle, revenue should be recognized in the accounting period in which services are performed, and Susan zupan performed the work in April so therefore the firm should recognize the revenue in April.

4 0
3 years ago
A sporting goods manufacturer budgets production of 57,000 pairs of ski boots in the first quarter and 48,000 pairs in the secon
umka2103 [35]

Answer:

Cost of purchase for first quarter = $766,500  

Explanation:

Total production of current quarter = 57,000 pairs

Raw material required for above = 57,000 X 2 kg per pair = 114,000 kg

Less: Opening inventory of raw material 28,500 kg = 114,000 - 28,500 = 85,500 kg required for quarter 1

Also provided that closing inventory shall be 25% of total raw material required for next quarter.

Raw material required in second quarter = 48,000 pairs X 2 kg each = 96,000 kg

25% of above = 96,000 X 25% = 24,000 kg

Total raw material to be purchased in current quarter that is first quarter = 85,500 kg + 24,000 kg = 109,500 kg

Rate not provided assumed to be same as of opening inventory that is $7 per kg, therefore cost of purchase for first quarter = 109,500 kg X $7 = $766,500  

3 0
3 years ago
Read 2 more answers
A new casino wants to hire about 1,000 employees for its new resort. Applicants are asked to complete an online questionnaire th
jarptica [38.1K]

When only those applicants who have previously worked in hotels and casinos will be considered eligible for the next step in the hiring process. This best exemplifies a "pre-employment screening process".

<h3>What is a pre-employment screening process?</h3>

Pre-employment screening has several names, including: Background investigations, background screening, and criminal investigations

Some characteristics of pre-employment screening process are-

  • Pre-employment screening entails gathering all the data necessary to make a wise hiring decision.
  • This entails locating applicants who satisfy established job requirements and confirming the data they supply.
  • Pre-employment screening procedure includes reviewing applications and deciding whether to hire someone.
  • Various components, such as job screening questions included in the employment application, may be part of the screening process.
  • Employing tests that are cognitive, behavioral, or skills-based, conduct pre-employment testing. including phone screenings, video interviews, and in-person meetings with candidates.
  • Pre-employment investigations can differ depending on the applicant, the position, etc. However, it typically takes three to four weeks.

To know more about purpose of pre-employment screening, here

brainly.com/question/14980418

#SPJ4

5 0
2 years ago
Rutgers Racquet Club adjusts its accounts monthly. Club members pay their annual dues in advance by January 15. The entire amoun
SOVA2 [1]

Answer:

1. Salaries earned by club employees that have not yet been recorded or paid amount to $3,700.

Dr wages expense 3,700

    Cr wages payable 3,700

2. A local VFW sponsored a tournament at Rutgers Racquet Club that took place on December 22, 20x5 of the current year. At December 31, the $1,200 owed by the VFW for court rentals on December 22 had not yet been recorded or billed.

Dr accounts receivable 1,200

    Cr rental fees 1,200

3. A one-year fire and flood insurance policy had been purchased on May 31. The entire premium of $7,200 was initially recorded as Prepaid Insurance.

Dr insurance expense 4,200

    Cr prepaid insurance 4,200

4. Rutgers Racquet Club was built in 20x1. The cost of the building and equipment was $320,000. Depreciation of the club's building and equipment is based on an estimated life of 20 years and a salvage value of $80,000. The straight-line method of depreciation is used.

Dr depreciation expense 12,000

    Cr accumulated depreciation, building 12,000

5. A 36-month bank loan in the amount of $108,000 had been obtained by Rutgers Racquet Club on December 1, 20x5. Interest is computed at an annual rate of 9%. The entire $108,000, plus all of the interest accrued over the 36-month life of the loan, is due in full on December 1, 20x8.

Dr interest expense 810

    Cr interest payable 810

6. Membership dues earned in December, 20x5 for collections received at January 15, 20x5 amounts to $52,000.

Dr unearned membership dues 52,000

    Cr membership dues earned 52,000

7. Unrecorded Income Taxes Expense accrued in December amounts to $16,000. This amount will not be paid until January 15, 20x6.

Dr income tax expense 16,000

    Cr income tax payable 16,000

4 0
3 years ago
Describe at least two discretionary expenses that you expect to have at some point in your life.
Anni [7]
Definition of discretionary expenses : The cost that does not essential for your daily life operation or business

Example of discretionary expenses :
- I may buy paint to give color for my toenails
- A business hire some entertainers for its employees to gain their goodwill
7 0
3 years ago
Other questions:
  • A worker is protected from discrimination on the basis of race or color, religion, gender, or natural origin by the
    6·1 answer
  • Air bags are usually located in the steering wheel and __________.
    6·2 answers
  • Is a company that has a proven business model and is willing to sell the rights?
    9·1 answer
  • Bubba's Custom Shrimp Catering uses activity-based costing to determine the cost of its catering events. The firm has two activi
    10·1 answer
  • The Waltham System
    14·1 answer
  • Glasgow Enterprises started the period with 65 units in beginning inventory that cost $3.40 each. During the period, the company
    10·1 answer
  • Determine the present value of the following single amounts (FV of $1, PV of $1, FVA of $1, PVA of $1,FVAD of $1 and PVAD of $1)
    5·1 answer
  • The price elasticity of demand measures the: A. responsiveness of quantity demanded to a change in quantity supplied. B. respons
    12·1 answer
  • 1. The level of prices and the value of money Suppose the price level reflects the number of dollars needed to buy a basket of g
    11·1 answer
  • Many companies in the sharing economy have successfully taken their business to foreign markets as well. What challenges do you
    15·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!