1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
guapka [62]
3 years ago
6

Techniques in identifying customers' needs and wants

Business
1 answer:
Rainbow [258]3 years ago
4 0
Good customer research is a very important part of the business, because knowing what the customers want and why they want that will help in better sale.Some of the techniques of <span>identifying customers' needs and wants are:
- Interviewing customers
- Conducting voice and customer surveys
- Analyzing your competition
- Interviewing stakeholders and obtaining the data they have

</span>
You might be interested in
Within his company, Vernon has set up a system with inputs, outputs, transformation processes, and feedback. He utilizes a manag
Ray Of Light [21]

Answer: (B) Contemporary

Explanation:

 The contemporary perspective is basically focuses on the behavior of the individual people that are acquired and also modify by the change in the environmental consequences.

The contemporary perspective is one of the type of modern psychology that helps in determine the actual behavior and also the pint of view of the people.

According to the given question, the Vernon set up the system in his company with outputs, feedback, inputs and also the transformation process and he basically managing all the stages of the production.

Therefore, Vernon is basically utilizing a contemporary perspective.  

5 0
3 years ago
Raspberry Company's actuary has computed its prior service cost to be $8,000,000. Raspberry amortizes the prior service cost by
Andrews [41]

Answer: $910,000

Explanation:

Pension expense is calculated by the formula:

= Prior Service cost  for the year+ Service cost + Interest cost - Expected return on plant assets

Prior Service cost = Prior service cost / Service life of active employees

= 8,000,000 / 20

= $400,000

Expected return on plan assets = Plan assets * Interest rate

= 1,500,000 * 10%

= $150,000

Pension expense = 400,000 + 560,000 + 100,000 - 150,000

= $910,000

3 0
3 years ago
Assume a corporation has earnings before depreciation and taxes of $123,000, depreciation of $41,000, and that it has a 35 perce
Maslowich

Answer:

a.                     Computation of cash flow

Earnings before depreciation and taxes    $123,000

Less: Depreciation                                        <u> $41,000 </u>

Earnings before taxes                                   $82,000

Less: Taxes ($82,000*35%)                          <u>$28,700</u>

Earnings after taxes                                       $53,300

Add: Depreciation                                          <u>$41,000</u>

Cash Flow                                                      <u>$94,300</u>

b.  If Depreciation = 21,000  

                     Computation of cash flow

Earnings before depreciation and taxes  $123,000

Less: Depreciation                                          <u>$21,000 </u>

Earnings before taxes                                    $102,000

Less: Taxes($102,000*35%)                           <u>$35,700 </u>

Earnings after taxes                                        $66,300

Add: Depreciation                                           <u>$21,000</u>

Cash Flow                                                        <u>$87,300</u>

3 0
2 years ago
Consider a project that involves painting five similar houses over ten weeks (one house every two weeks) for a total budgeted co
posledela

Answer:

The earned value of the project=$12,000

Explanation:

The budget for the project is as follows;

Number of houses painted=number of houses every 2 weeks×number of weeks

where;

1 house every 2 weeks=0.5 houses per week

Number of weeks=5 weeks

replacing;

Number of houses painted=(0.5×5)=2.5 houses should be painted after 5 weeks

But since three houses have been painted, we adopt the cost per number of houses painted instead of the cost per week. The earned value of the project is as follows;

Earned value=Budget per house×number of houses painted

where;

Budget per house=$4,000

Number of houses painted=3

replacing;

Earned value=(3×4,000)=12,000

The earned value of the project=$12,000

3 0
3 years ago
A(n) __________ is the set of institutions that transfer the ownership of and move goods from the point of production to the poi
My name is Ann [436]

Answer:

The correct answer is: Marketing Channel.

Explanation:

Marketing channels can be defined as the set of institutions and people that are required to transfer ownership of goods from the point of production to the point of consumption.

It is also known as a distribution channel and consists of all the institutions and marketing activities that are involved in the marketing process.

5 0
2 years ago
Other questions:
  • Elise has debt problems and sees an ad for a credit counseling service. When she calls to get more details, she suspects that th
    8·1 answer
  • Toyota, the giant global automaker, paid a heavy price for its ___________ emphasis on cost control. The resulting problems with
    14·2 answers
  • Mattel, the maker of barbie dolls, frequently shows television ads aimed at children on saturday mornings, when many children ar
    8·1 answer
  • 2.June Cunningham deposited $54,200 in the bank on January 1, 2006. On January 2, 2016, this deposit has accumulated to $106,611
    11·1 answer
  • In​ 2007, Newmarket Inc. set as its annual production goal the manufacture of​ 125,000 units. By​June, the economy had declined
    6·1 answer
  • A machine operates with the following production cycle: 34 minutes of setup, 70 minutes of production. While in production, the
    13·1 answer
  • Explain what Social added value is
    8·2 answers
  • Explain how the basic economic problems are solved under capitalism?​
    15·1 answer
  • The purpose of a situation analysis is to evaluate a firm's ________.
    10·1 answer
  • on december 31, 2021, interlink communications issued 4% stated rate bonds with a face amount of $110 million. the bonds mature
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!