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bonufazy [111]
2 years ago
12

What is the goal of effective marketing research studies?

Business
1 answer:
Vera_Pavlovna [14]2 years ago
7 0

Answer:

The goal is to identify and assess how changing element of the marketing mix impact customer behavior.

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Marketing analytic approaches can be thought of by considering the level of analytic complexity and the value that is created fr
kaheart [24]

Answer:

a. Quality Software - Prescriptive Analytics

b. ABC Supermarket - Descriptive Analytics

c. Global Hospitality - Diagnostic Analytics

d. XYZ - Predictive Analytics

e. Manufacturing - Descriptive Analytics

Explanation:

Descriptive analytics is the strategy which uses the past data and creates a summary for historical data to create future analysis.

Predictive Analytics is the strategy which uses statistical calculations and models to predict the future.

Diagnostic Analytics is the strategy which the analyst observes the past event and then examines why certain situation happened. This is used by analysts to make sure that historic mistakes are not repeated.

Prescriptive Analytics is the strategy in which strategic planning is made after the operational activities are analyzed and then strategies are formed in order to plan future performance.

4 0
2 years ago
Can someone help me with this please:):)
ratelena [41]

Number 4 bottom answer

Explanation:

I know the first bit which is Total Utility is consumer satisfaction with all consumption for definite.

6 0
3 years ago
Tom is a junk remover who occasionally finds rare antiques to sell. He uses an online auction site to sell each antique for the
Hunter-Best [27]

Answer:

Option (b) is correct.

Explanation:

There are three types of price discrimination:

(i) First degree price discrimination or Perfect price discrimination

(ii) Second degree price discrimination

(iii) Third degree price discrimination

Perfect price discrimination refers to a situation in which the selling price of the product is equal to the price that a consumer willingness to pay for the product. This is a situation in which there is no consumer surplus.

Consumer surplus = Actual price paid by the consumer - Willingness to pay for the product

4 0
3 years ago
Under SEC rules, the managers of certain funds are allowed to deduct charges for advertising, brokerage commissions, and other s
GarryVolchara [31]

Answer:

These kind of fees that are deducted for advertising and other sales expenses directly from the fund rather than billing investors is known as 12 B-1 charges.

Explanation:

This is a fee assessed from a mutual fund to it's investors. The managers instead of charging or billing the investors, deduct certain amount directly  from the fund itself. This is a type of annual marketing and distribution fee considered as operational expense and is included in a fund's expense ratio.

8 0
2 years ago
Marion, the new supervisor, has requested the management to install survaillance cameras and voice recorders to monitor the prod
Kaylis [27]

Answer:

Explanation:

Marion, the new supervisor, has requested the management to install survaillance cameras and voice recorders to monitor the productive hours of the employees and supervise their work closely. This shows that marion has a managerial skills

7 0
3 years ago
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