Explanation:
similarities between marketing research and marketing intelligence systems
- Marketing research and Marketing intelligence systems they both provide information about markets that help the small companies to study and analyze their sales and markets
differences between marketing research and marketing intelligence systems
- Marketing intelligence is available information or data that small business partners used to study the businesses, political and competition.
Marketing intelligence system data gathered repeatedly over time.
- Market Research is not existing data or information. Companies do a survey to collect marketing research data.
Marketing research data gathered at one particular point.
Answer:
As a part of <u>sales promotion</u>, supermarkets generally use<u> visual merchandising</u> to attract customers and induce them to make a purchase.
Explanation:
Sales promotion is one form of marketing communications by a business. The objective of sales promotion is to increase sales by offering incentives to consumers or retailers. Sales promotions are carried out in a limited time to stimulate consumer consumption. Their effect may be temporal. Examples of sales promotion include offering free samples, premium offers, discount coupons, contests, and loyalty programs.
Visual merchandisers use their creativity to promote products and services of their organization in retail businesses. They develop eye-catching product displays and design layouts to attract customers and entice them to buy.
Answer: c. $94,240
Explanation:
On December 31, 2005, one payment has already been made which would mean that only 7 payments are left. As the first of these remaining 7 will be paid the year after, this is an ordinary annuity.
Note payable value = Present value of seven $20,000 payments
= 20,000 * Present value of ordinary annuity of 1 at 11% for 7 years.
= 20,000 * 4.712
= $94,240
Right to safety
Right to be informed
Right yo choose
Right to be heard
Right to redress
Answer: Examing demand for the products.
Gauge customer satisfaction.
Explanation: we dont have to sell products we like or want to sell, but products people demand. First we have to do is knowing consumers and what do they want. And keep our customers highly satisfied.