Business, 12.03.2021 09:00 edwardo99

1. What is the purpose of market research? What are some of the benefits and some of the limitations of market research? Explain.
2. How might a business use market research in order to identify industry trends and potential
markets, analyze demand, and forecast sales? What are some of the components of market
research that might be used to accomplish these things?
3. Consider some of the successful businesses in your area. What do you think makes these
businesses successful? Identify and explain any possible competitive advantages that these
particular businesses may have that contribute to their success.
4. What is market segmentation? Identify and briefly describe each of the four categories of market
segmentation and how each category can help a business meet the needs of their customers.
5. Imagine that you are currently involved in the market analysis process. You have created a plan
for your research and are ready to move onto the next step collecting data. What are the two
types of research that you will likely use during this step? Identify and explain the two types of
research, possible sources of these types of research, and the purpose that each serves during
market analysis.

Answers: 1

Show answers

Another question on Business

Business, 21.06.2019 21:30

1. gar principles or "the principles"are intended to do what?

Answers: 2

Answer

Business, 21.06.2019 22:50

Synovec co. is growing quickly. dividends are expected to grow at a rate of 24 percent for the next three years, with the growth rate falling off to a constant 7 percent thereafter. if the required return is 11 percent, and the company just paid a dividend of $2.05, what is the current share price? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Answers: 2

Answer

Business, 22.06.2019 02:00

Precision dyes is analyzing two machines to determine which one it should purchase. the company requires a rate of return of 15 percent and uses straight-line depreciation to a zero book value over the life of its equipment. ignore bonus depreciation. machine a has a cost of $462,000, annual aftertax cash outflows of $46,200, and a four-year life. machine b costs $898,000, has annual aftertax cash outflows of $16,500, and has a seven-year life. whichever machine is purchased will be replaced at the end of its useful life. which machine should the company purchase and how much less is that machine's eac as compared to the other machine's

Answers: 3

Answer

Business, 22.06.2019 05:00

At which stage would you introduce your product to the market at large? a. development stage b. market testing stage c. commercialization stage d. ideation stage

Answers: 3

Answer

You know the right answer?

1. What is the purpose of market research? What are some of the benefits and some of the limitation...

Questions