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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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What do you call an agreement made between different companies to charge the same amount for products?
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kolezko [41]

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Elizabeth is a chef and the kitchen manager in an upscale restaurant. she is very knowledgeable in both the culinary and restaur
allsm [11]

Because she possesses these technical skills, Elizabeth can be considered a <u>"knowledge"</u> worker.


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7 0
3 years ago
Use the following information to determine the break-even point in units (rounded to the nearest whole unit):
denis23 [38]

Answer:

29,771 units

Explanation:

The break-even indicates the number of units that you have to sell to cover your costs. The break-even point is calculated by using the formula:

Break-even point in units= Fixed costs/(selling price per unit-variable cost per unit)

Break-even point in units= $195,000/($14.95-$8.40)

Break-even point in units= $195,000/$6.55

Break-even point in units= 29,771 units

The break-even point in units is 29,771.

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