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Hoochie [10]
3 years ago
7

________ is the process of defining a marketing problem and opportunity, systematically collecting and analyzing data, and recom

mending actions.
Business
1 answer:
melamori03 [73]3 years ago
4 0

The process is known as Marketing Research

Marketing Research refers to activities of evaluating & determining the feasibility of a firm's new product or service, through research conducted with targeted or potential customers.

  • Marketing research helps the management because information provided from the research conclusion helps in the firm decision making.

  • However, marketing research must be systematic, objective and analytical so as to ensure drawing of  valid conclusion for purpose of decisions making in a firm.

Learn more about Marketing Research here

<em>brainly.com/question/16828144</em>

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Inventory is important in the supply chain for many different reasons. Why would you invest the​ company's money for inventory a
Makovka662 [10]

Answer:

All the answers are right

Explanation:

A.To provide a hedge against inflation. : in an inflationary economy, a company can invest in inventory in order to be prepared for the higher prices of raw materials to come. So they can maintain the company´s profit.

B. To tightly synchronize production and distribution processes: inventory of final products can help to minimize the effects of unexpected production problems.

C. To ensure that item cost is maximized: A company can buy a bulk of raw material since the cost of a large number of units is lower. So the final product's cost will be maximized.

D. to tightly synchronize a​ firm's production with its​ customers' demand: for example in a seasonal demand, There are certain months when the demand exceeds the production capacity. In theis case, in the lower season months, the company will be increasing the inventory in order to meet the demand when the high season comes.

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3 years ago
1+1<br><br> \ROAST BACK TIMES GOOOOOO GOOOOOOO GOOOOOOO
Anna71 [15]
The answer is 3 most definitely three lol 1+1=3 yup you bet lol
7 0
3 years ago
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What are the factors of production required by jewellery shop to operate its business
Blababa [14]

Answer:

See explain

Explanation:

There are 4 factors of production, land labor entreprenuership and capital.

The land of the jewellery shop would be the actual land that the store is on itself. The labor of the shop would be any of the work that any employees are doing. The capital would be any goods or machinery that is used in the store like cash registers, or bulletproof glass to protect their belongings, or any tools that the store uses to help make their jewellery etc. The last and final factor entrepreneurship might be for example the owner of the store, who manages the other 3 factors to bring a profit to the store.

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2 years ago
Harriet died before she had a chance to prepare a will. What will MOST likely happen to her estate?
timofeeve [1]

Answer:

the answer is d!

Explanation:

I hope this helps

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3 years ago
What are the three basic questions faced by every economy
Likurg_2 [28]

The three basic questions asked are:

1. What goods and services should be produced?

This is asked because the economy wants to produce what the consumers want or else the resources aren't being used efficiently since resources are scarce.

2. How should we produce them?

This is asked because the producers don't want to spend unnecessary time or money on production, so they must choose wisely what method of production is best for their company and consumers.

3. Who are the consumers?

This is asked because the producers want to make sure that they are targeting the right people with advertising or selling.

Hope this helped!

~Just a girl in love with Shawn Mendes

5 0
3 years ago
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