which characteristic is most important in identifying which data to collect for marketing research?

Answers

Answer 1

The characteristics of the data includes one which will help in decisions making for marketing actions.

Let understand that "Marketing research" is the process of gathering, recording, analyzing and drawing conclusion on data collected from potential customers of a product to facilitate decision making about a product viability.

The purpose of Marketing research is to provides concrete information which is relevant for decision making in the firm.

Therefore, the characteristics of data that is very important to marketing research are data which will be relevant to draw decisions for marketing actions.

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Related Questions

advantage of running a business with someone and disadvantage​

Answers

advantages are you can split the workload and the costs between the two of you, but the disadvantages are more prone to infighting, and you have to split the profit

the first step in the process of organizing a business is to

Answers

Answer:determine the work that needs to be done

Explanation:

Which person used a cost-saving strategy when deciding how to spend their money?

a. when selecting a new tablet, Rosita carefully read about the features of each model.

b. when purchasing a new jacket, Thao chose the one that was manufactured locally.

c. when choosing which coffee to buy, Ivan chose the brand with the "fair trade" label.

d. when buying a used dirt bike, Fabian negotiated with the seller to get a better deal.

will give brainliest!

Answers

d. when buying a used dirt bike, Fabian negotiated with the seller to get a better deal.
(cost-saving)

The person who used a cost-saving strategy when deciding how to spend their money is the Fabian who negociated with the seller to buy a used dirt bike to get a better deal.

What is cost-saving stategy?

The strategy in which we analysis the basic requirements which are necessary and on which minimum cost can be made in a business

What is a dirt bike?

The bikes which are generally used in dirts to have races or to have friction with the roads with dirts.

Hence, option D is the correct answer

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Fong, a member of Toronto's Amazon Employees for Climate Justice explains "as employees we are supposed to challenge leadership on what we think is morally right…I don't strike out of of sense of guilt or obligation to anyone else. I strike because I care about this cause and I want to continue to be proud of the organization to which I dedicate my time." Fong likely scores high on which commitment(s) towards his job?

Answers

Answer:

ask a teacher

Explanation:

accumulated depreciation and depreciation expense are classified, respectively, as

Answers

Answer:

Expensive, contra asset

Explanation:

Amelia has laid the groundwork for a fledgling business and is considering incorporating. Which of the following is a valid concern that she might have?(1 point) Please help!

Answers

Incorporated businesses are legally recognized outfits. A valid concern that Amelia will have when considering incorporating her business is;

C) The regulations will be more burdensome than in other business structures.

Incorporating a business entails making the business legally recognized. This would involve lots of paper works and rules.

Incorporated businesses can sue and be sued. Therefore, they must be careful in the decisions they make. This is not the case with non-incorporated businesses.

Unincorporated businesses include sole proprietorships and partnerships. They have more freedom and are not really legally liable.

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Here are the options:

A) Acquiring financing as a corporation will be much more challenging than it is for other business structures.

B) Incorporating comes with an increase in liability compared to other business structures.

C) The regulations will be more burdensome than in other business structures.

D) The corporation will only last as long as she is able to work

Answer:

The regulations will be more burdensome than in other business structures.

Explanation:

give questions from biology plzz and take free 20 points for that and more after you give question and ill give brainliest

Answers

Answer:

How did evolution ever lead ostriches to hide their head in the sand when an enemy approaches?

Explanation:

HOPE IT HELP

if gdp is $15 trillion, consumption is $9 trillion, government spending is $2 trillion, investment is $3 trillion, and exports are $3 trillion, then imports must be $____ trillion.

Answers

The imports of this country are around $2 trillion.

The GDP of a nation refers to the value of all the final goods and services produced in the country in that year. It is calculated by the formula:

GDP = Consumption + Government Spending + Investment + Exports - Imports

15 = 9 + 2 + 3 + 3 - Imports

15 = 17 - Imports

Imports + 15 = 17

Imports = 17 - 15

Imports = $2 Trillion

In conclusion, the imports are $2 Trillion

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Business studies i need to fill it out

Answers

Answer:

Be completely honest.

Explanation:

which type of workplace discrimination occurs when an organization uses an employment practice that results in unfavorable outcomes to a protected class?

Answers

Answer:

searchhhh mo saaa

Explanation:

GOOoogle

What people need to make a phones?

Answers

Answer:

Some electronic gadgets wires and all other stuff

Explain why it is important to maintain good relationships with: a) Colleagues. b) Supervisors. c) Internal clients. d) External clients

Answers

Answer:

c

Explanation:

Stan works from home in Louisiana. His company is located in Washington. This work arrangement is
called

distance working

distant employment

nationwide employment

telecommuting

Answers

Answer:

telecommuting bc it's remote

________ is the process of examining data sets in order to draw conclusions about the information they contain.

Answers

Answer:

Data analytics

Explanation:

energy is an emerging industry promoting the use of water to provide energy.

Wind

Hydro

Water

Solar

Answers

Answer:

answer is solar energy cuz it is an emerging industry.

the suffix .org is used for domain names of what type of organizations?

Answers

It used by non-profit and trade organizations. For example, "redcross.org" and "change.org". Hope this helps!

what is the interest rate charged per period multiplied by the number of periods per year called?

Answers

a lot of them i think

All of the following are important to consider when deciding if a vocational
school is right for you except
A. the lack of general education,
B. how new the school buildings are.
C. the duration of the program.
O D. the range of career options.

Answers

B. how new the school buildings are

Hope this helps!

Answer:

b.

Explanation:

just took the test

Two homebuilders are building homes in nearby subdivisions. One is offering 2,500-square-foot homes with two-acre yards. The other is offering a similarly sized house with quarter-acre yards. The builder offering the smaller lots cannot keep up with demand. The builder offering the larger lots has several unsold houses. The builder with the larger lots could use ____ to determine why his homes are not selling.

Answers

Answer: estimation

Explanation:

As per the given situation, Proactive customer monitoring might be used by the builder with the bigger lots to figure out why his homes aren't selling.

What is Proactive customer monitoring?

The goal of proactive monitoring is to proactively seek out possible problems before they become serious obstacles for their company. Because proactive monitoring foresees problems, one  can deal with them before an application crashes or performance degrades.

Homes are being constructed in surrounding communities by two homebuilders. One presents homes with two-acre yards that are 2,500 square feet in size. The other is providing a home with a similar size and quarter-acre yards.

The smaller lots are being offered by a builder who is unable to meet demand. The developer who is offering the larger lots has a number of unsold homes.

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if a business owner becomes aware of a shortage in the market for the good or service he or she produces, he or she is likely to

Answers

Answer:

increase the price

Explanation:

they would increase the price to reduce demand

Explain the importance of the processor as apart of the computer system. ​

Answers

Answer:

Explanation:

The purpose of a computer processor is to do the actual computation done by the computer, which includes managing the computer's memory, handling input from users, sending them output and doing whatever calculations are necessary.

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Its function is to be the brain of the entire operation of the system, being in charge of directing all the tasks carried out by our team and of executing the code of the different programs, often with the joint help of the rest of the components and peripherals.

Sarah has decided that she never wants to go into debt. Therefore, she only uses her
debit card and cash for purchases. The store where she is planning to purchase a dining
room set charges a 15% annual interest rate for all store credit card purchases. If Sarah
saves up the cash and uses her debit card to purchase her new $1,200 dining room set,
how much will she have to pay in interest?

Answers

The amount that Sarah will have to pay as interest will be $180

Based on the information given, the following can be depicted:

Cost of dining room set = Principal = $1200

Interest rate = 15%

Time = 1 year

The simple interest will be calculated using the formula:

= PRT/100

= (1200 × 15 × 1) / 100

= 18000/100

= 180

Therefore, based on the calculations above, the interest that'll be paid by Sarah is $180.

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External economies of scale occur when average costs of a​ firm: A. rise as the industry grows larger. B. fall as the industry grows​ larger, but may or may not rise as the representative firm grows larger. C. fall as the representative firm and industry grows larger. D. remain constant.

Answers

We are required to explain how external economies of scale occur with a change in average costs of firm

Economies of scale can be defined as the rise in output as cost per unit decrease.

External economies of scale occur when average costs of a firm "fall as the representative firm and industry grows larger."

External economies of scale occur when a industry grows larger and representative firms benefit from lower long-run average costs.

External economies of scale can also be called positive external benefits of industrial expansion.

Therefore, External economies of scale occur when average costs of a firm "fall as the representative firm and industry grows larger."

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Literary techniques are ineffective when it comes to speeches.
- True
✅False

Answers

Answer: False? looks like u got it right

Explanation:

when you love your job, the opportunity cost of working is _____ the opportunity cost if you dislike your job.

Answers

Answer:

When you love your job, the opportunity cost of working is lower than the opportunity cost if you dislike your job.

Explanation:

There is a relation between liking or not liking your job and the opportunity cost. When a worker is happy, they are more likely to work harder.

If the opportunity costs of working is the same as the opportunity cost if you dislike your job, then you would feel indifferent or ok with your job.

If the opportunity cost of working was higher than the opportunity cost if you dislike your job, then you would likely NOT love your job, but hate  or dislike your job and would want to find another job.

If the opportunity cost of working was lower than the opportunity cost if you dislike your job, then you would likely love or like your job.

to decide how much an insurance policy should cost a customer, underwriters use ________, such as historical industry trends and loan characteristics, to predict risk levels.

Answers

To decide how much an insurance policy should cost a customer, underwriters use: Data analytics.

Data analytics can be defined as the systematic computational collection, modelling and analysis of raw data, in order to discover trends, patterns, and draw conclusions about the information that are contained in the data.

An insurance policy can be defined as a contractual agreement between an insurer and an insured (policyholder), in which the claims, terms and conditions binding on both parties are listed in details.

Thus, it is a contract in which an insurer indemnifies an insured (policyholder) against losses in the event of certain dangers or problems.

Underwriting refers to a process through which an insurer determines the risks of insuring a customer and establishing the required cost (price).

Basically, underwriters use data analytics to predict risk levels and determine how much an insurance policy should cost a particular customer. Some examples of the data used by underwriters are:

Loan characteristics.Historical industry trends.

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Which of the following is an example of capital loss?

Answers

what are the options?

in the past, kohl’s has been losing sales to amazon. why then would it enter into a partnership with one of its most fierce competitors?

Answers

Kohl’s will want to enter into a partnership with Amazon with hopes of increasing its store traffic by bringing Amazon customers in.

Partnership is basically the coming together of two of more companies or individual with a common goal.

Let bear in mind that Partnership is different from Acquisition or Merger because each owner is entitled to their share of profit.

Through this partnership, Kohl's and Amazon will both benefit from the arrangement.

Currently, Kohl's has a large number of physical stores which Amazon has no access to. So therefore, Kohl's will benefits from Amazon's strong online customer base.

Therefore, Kohl’s will want to enter into a partnership with Amazon with hopes of increasing its store traffic by bringing Amazon customers in.

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List five internal factors that influence a sales forecast.

Answers

Answer:

The internal factors such as plant capacity, quality, price, advertisement policy, resources, etc., of the enterprise affect the sales forecasting of the enterprise.

Explanation:

These factors can very well be controlled by the business enterprise itself.

What of the following forms the basis for a financial advantage when making a business decision?multiple choiceWhether opportunity costs are presentWhether irrelevant costs and benefits ariseWhether the dfferential benefits exceed the differential costsWhether alternatives exist

Answers

Answer: whether the differential benefits exceed the differential costs

Explanation:

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