Defining the research problem and establishing research objectives are the first step of the marketing research process.
- Identifying the problem and relevant topics is the first step in the marketing research process.
- After that, you can formulate a strategy and conduct research for the design.
- The gathering and analysis of data is the next step in the research process.
<u>There are six steps in the marketing research process:-</u>
- Problem definition is step one,
- Problem approach development is step two,
- Research design formulation is step three,
- Data collection is step four,
- Data preparation and analysis is step five,
- Report preparation and presentation is step six.
What is the marketing process?
In order to research market prospects, select a target consumer, and develop a comprehensive marketing plan to engage with those customers and qualify leads for the sales team, a company must first go through the marketing process.
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If a taxpayer may choose to accept a reduced market rate of return on an investment to take advantage of a tax preference associated with the investment. in such case, the taxpayer will pay a/an: Implicit tax.
<h3>What is Implicit tax?</h3>
Implicit tax can be defined as the extra amount that a person pay for an assets if the owing the assets does not include any form of benefit. on the other hand it can as well be defined as the decline in the income of a person after deducting all necessary deduction such as tax in a situation were the income of the person increase.
A taxpayer that choose top accept reduced market rate of return on their investment or assets due to the benefit they want to derived for doing that will have to pay implicit tax.
Therefore this is an example of implicit tax.
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U so down bad u asking this on a fking hw app go outside
Answer:
Loss-leader pricing
Explanation:
Loss leader pricing can be defined as a marketing strategy that entails selecting some retail products that is going to be sold below cost. This means that the retailer will not make any profit from the products being sold because the goods are being sold below the actual price.
This is done in order to get customers in the door. It is a method of enticing buyers to purchase your products.
This stategy attracts news customers because goods are being sold at significant discount to market price.
Answer:
The answer is, the lowest bidding price is 3.1 pounds of protein
Explanation:
Solution
Given that:
For sustainable outcome, the government must give sustainable number of licences
The government is going auctions 40 licenses each month. the lowest winning bid would be lowest price at which the licences are given out y the government.
The government will start from the highest then to the lowest bid
So,
The number of people or individuals to be considered are 25 25 people bid 3.2 pounds and 20 people bid 3.1 pounds
so, the lowest bidding price is 3.1 pounds of protein.
Therefore, the lowest winning bid in the auction last month is 3.1 pounds of protein