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ehidna [41]
2 years ago
15

Explain how market research is different than marketing.

Business
1 answer:
Elenna [48]2 years ago
6 0

Answer:

Although both involve consumers, Marketing research is concerned specifically about marketing processes, such as advertising effectiveness and salesforce effectiveness, while market research is concerned specifically with markets and distribution.

Explanation:

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Peter Parker, CEO at Spdey Enterprises, finds his profits at $8,000,000 inadequate for his Web-Slinger business. His production
Lady bird [3.3K]

Answer:

Spdey Enterprises

The percentage improvement in Sales to achieve the desired profit is:

c. 42.86% increase in sales.

Explanation:

a) Data and Calculations:

Normal profit level = $8 million

Expected profit level = $14 million

                                             Normal            Expected

Sales per year              $40,000,000          $57,142,857

Cost of purchases          16,000,000            22,857,143

Production costs            10,000,000             14,285,714

Variable costs               26,000,000            37,142,857

Total contribution        $14,000,000       $20,000,000

Fixed costs                      6,000,000           6,000,000

Profit level                     $8,000,000        $14,000,000

Expected Contribution = Expected profit level + Fixed Costs

Normal Contribution = 35% of Sales

Normal Variable costs = 65% (100% - 35%)

Expected Contribution = $20,000,000 = 35% of Sales

Therefore, Expected Sales = $57,142,857 ($20,000,000/35%)

Normal Sales = $40,000,000

Expected Sales = $57,142,857

Percentage increase = 42.86% ($57,142,857 - $40,000,000)/$40,000,000

4 0
3 years ago
Aaron, Deanne, and Keon formed the Blue Bell General Partnership at the beginning of the current year. Aaron and Deanne each con
Nana76 [90]

Answer:

As attached.

Explanation:

4 0
2 years ago
Any opinion that kitkats are very good. please answer with deatal.
daser333 [38]
KitKats are probably the best candy bars ever, their crunch with the sweetness of the chocolate will leave your mouth in awe in wanting more, plus in Japan they have many more flavors than the normal American ones such as, green apple, wasabi, and strawberry.
5 0
3 years ago
What is one thing a company must have in order to build an organizational culture that emphasizes ethical behavior
svetlana [45]

Answer:

The business must explicitly articulate values that emphasize ethical behavior.

Explanation:

3 0
2 years ago
There are many publics with whom PR professionals interact, including an organization's _____________ with company newsletters,
Scrat [10]

Answer:

employees

Explanation:

Employees are individuals that are hired to fill a certain job position as well as perform a certain task in an organization.

In the case of the PR section of a business, the section communicates with employees, stockholders, etc depending on the information that needs to be sent to either employees or stockholders.

In the above question, the PR communicates with employees through newsletters, social events, recognition of performance internally and externally, etc; as directed b the management of an organization.

Cheers.

3 0
3 years ago
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