Why is it important to explain the objectives and procedures of a research project both to current and future decision makers in a company

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Answer 1

It is important to explain the objectives and procedure of an investigation because this directly impacts the decisions that the company can make.

Companies generally research to improve their products or market research to target their products to a target audience.

When these investigations are carried out, they are always done to improve productivity, sales, and the quality of the company. Therefore, if an investigation focused on the quality of a product is carried out, the process and objectives must be shared so that the investigation impacts the improvement of the company.

For example:

When a bicycle company researches to make the design of the bicycle lighter and more aerodynamic, it can be inferred that the objective of this research is to improve the product and the procedure is through the study and experimentation of the bicycle in different controlled environments.

This will cause the company's decision-makers to promote its new model and invest more in advertising and technology development to improve the product.

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Related Questions

have anyone seen the new resident evil welcome to raccoon city trailer if anyone answer this will get brianlist

Answers

Answer:

Explanation:

yup !! its so cool fr

The primary goal of a(n) ________ presentation strategy is to influence the prospect's beliefs, attitudes, or behavior and to encourage buyer action.

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The goal that can be associated with persuasive presentation strategy is be able to change the prospect's beliefs as well as attitudes of buyer action.

Persuasive presentation strategy can be regarded as strategy use to make more sales.

This strategy is used in influencing the potential buyers so they can make purchase, it encourages them and change their beliefs.

Therefore, persuasive presentation strategy is the correct term.

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Marla is a buyer at a major corporation. Although she is authorized to make purchasing decisions on her own, she often seeks the input of trusted colleagues before settling on a decision. What type of buying center does Marla participate in

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Answer:

Consultative

Explanation:

I did this question

Shenzhen Co. Uses the percentage-of-receivables basis to record bad debt expense. It estimates that 1% of accounts receivable will become uncollectible. Accounts receivable are ÂŁ420,000 at the end of the year, and the allowance for doubtful accounts has a credit balance of ÂŁ1,500. (a) Prepare the adjusting journal entry to record bad debt expense for the year. (b) If the allowance for doubtful accounts had a debit balance of ÂŁ740 instead of a credit balance of ÂŁ1,500, determine the amount to be reported for bad debt expense.

Answers

Based on the information given the appropriate journal entry to record bad debt expense for the year is:

a. Shenzhen Co. Journal entry

Debit Bad Debt Expense                         $2,700

Credit Allowance for Doubtful Accounts $2,700

[(1%×$420,000)-$1,500]

(To record bad debt expense)

b. Bad debt expense

Bad debt expense=[(1%×$420,000)+$740]

Bad debt expense=$4,200+$740

Bad debt expense=$4,940

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You are the owner of a local Honda dealership. Unlike other dealerships in the area, you take pride in your "No Haggle" sales policy. Last year, your dealership earned record profits of $1.9 million. In your market, you compete against two other dealers, and the market-level price elasticity of demand for midsized Honda automobiles is -1.2. In each of the last five years, your dealership has sold more midsized automobiles than any other Honda dealership in the nation. This entitled your dealership to an additional 40 percent off the manufacturer’s suggested retail price (MSRP) in each year. Taking this into account, your marginal cost of a midsized automobile is $11,000.


What price should you charge for a midsized automobile if you expect to maintain your record sales?

Answers

The price that should be charge for a midsized automobile if you expect to maintain your record sales is $15,230.77.

Using this formula

Midsized automobile price = Marginal Cost (3×Elasticity) / 1 + (3 × Elasticity)

Let plug in the formula

Midsized automobile price  = $11,000 (3× -1.2) / 1 + (3× -1.2)

Midsized automobile price  = $14,000 × -4.8/ -3.8

Midsized automobile price = $14,000 × 1.384615

Midsized automobile price  = $15,230.765

Midsized automobile price =$15,230.77 (Approximately)

Inconclusion the price that should be charge for a midsized automobile if you expect to maintain your record sales is $15,230.77.

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What is not a determinant of ped.

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Answer:

Goods on which consumer spend less proportion of his income has an inelastic demand like a needle and newspaper. But the amount of income of a consumer does not affect the price elasticity of demand. Consumer's income has no relation with the price elasticity of demand for a particular good.

Explanation:


Hurry up and help…..

Answers

Answer:

1. A luxury brand of automobile that appeals to peoples need for prestige. psychographic segmentacion

2. a company marking their range of raincoats and umbrellas just before the onset of spring. geographic segmentation

3. a company marketing its kitchen appliances to affluent woman. demographic segmentation

4. a gym offering annual memberships to regular customers at cheaper rates with added benefits. behavioral segmentation

He already answered it

which three activities are part of the function of accounting?

Answers

The 3 activities which are part of the function of accounting includes:

Classifying financial transactions interpreting financial transactions Recording financial transactions

Accounting (including bookkeeping) refers to the process of recording, preparing, analyzing and interpreting financial information or statements for future purpose.

As regards the options, 3 activities which are part of the function of accounting includes:

Classifying financial transactions interpreting financial transactions Recording financial transactions

In conclusion, the process of accounting helps to identifies, records, classifies and communicate the company's economic events to interested users.

Missing word includes "1. prioritizing financial transactions 2. classifying financial transactions 3. planning financial transactions 4. interpreting financial transactions 5. recording financial transactions"

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Consumers who read, hear, or see the message sent by a source during the marketing communication process are referred to as receivers. encoders. decoders. the target market. sources.

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In a marketing communication process, the class of consumers who read, hear and see the message sent by a source are known as the receivers.

In marketing, the communication process consists of nine elements including the sender, receiver, encoding, decoding, message, media, response, feedback and the noise

The element of marketing that read, hear, or see the message sent by a source during the marketing communication are the receiver because they decode and digest the message.

In conclusion, the consumers are called the receivers in a marketing communication process.

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You work as the inventory manager at a golf pro shop. The club pro has reviewed and approved a new golf club collection, and you proceed to complete the purchase by negotiating a price and finalizing paperwork with the manufacturer. In this scenario, you are in the role of ______. Multiple choice question. influencer initiator user buyer

Answers

Answer:

Buyer

Explanation:

I did this question

if marginal cost exceeds marginal revenue, a profit-maximizing monopolist will

Answers

Answer:

Reduce marginal costs so that they equal marginal revenue.

Explanation:

Regardless of whether the producer is a monopolist, oligopolist, or in perfect competition, the profit-maximizing quantity is where marginal revenue equals marginal costs, or in other words the cost of producing the next unit of output is equal to the revenue earned by the next unit of sales. Any output before this holds an opportunity cost, and any output after this intersection is losing money.

In the new media world of social media, new territory has opened up for ethical challenges. What is an ethical focus question a company should ask itself before posting a piece on social media?.

Answers

The ethical-focus question that a company should ask itself before posting includes:

is this post transparent?is this post honest? is this post ethical?

Ethical principles in this context refers to making sure that the post has moral and is acceptable to the public.

Hence, the ethical-focus question should includes is this post transparent? is this post honest? is this post ethical? etc

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If you move a shipment from point A to point B, the subsequent movement from point B back to point A is most commonly referred to as the ____________

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When an individual moves a shipment from one point to another point and then moved it back to the previous point, it's known as reciprocal movement.

Reciprocal movement simply means a movement that's repetitive in a rotational or linear manner.

If one moves a shipment from point A to point B, the subsequent movement from point B back is reciprocal movement. Reciprocal movement can also occur when two businesses promote each other so that they'll gain a mutual benefit.

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Apple want to ensure their products continue to produce a positive cash flow. They are considering 2 options for their
iPod product range's product life cycle. Justify which option Apple should choose (9 Marks)
A-Use extension strategies to extend the product's lifecycle.
B-Decline

Answers

Answer:

The Product Life Cycle

Every product goes through the various life cycle phases of introduction, growth, maturity and decline.

Key Points

Depending on its current stage in the product life cycle, a product will have different marketing, financing, manufacturing, purchasing and human resource requirements.

In the market introduction stage (following product development ), the product is released on to the market.

Sales are low and costs are high in the market introduction stage, thus, no profits are made. There is little to no competition and demand must be created through heavy promotion.

Key Terms

decline stage: when a product is not predicted to continue to be successful or upgraded

product life cycle: The process wherein a product is introduced to a market, grows in popularity, and is then removed as demand drops gradually to zero.

maturity stage: when a product is no longer in the growth stage, but not yet in the decline stage

Product Life Cycle: Overview

The product life cycle (PLC) describes the life of a product in the market with respect to business/commercial costs and sales measures. It proceeds through multiple phases, involves many professional disciplines and requires a multitude of skills, tools and processes.

This is not to say that product lives cannot be extended – there are many good examples of this – but rather, each product has a ‘natural’ life through which it is expected to pass.

The stages of the product life cycle are:

Introduction

Growth

Maturity

Decline

PLC management makes these three assumptions:

Products have a limited life and, thus, every product has a life cycle.

Product sales pass through distinct stages, each of which poses different challenges, problems and opportunities to its parent company.

Products will have different marketing, financing, manufacturing, purchasing and human resource requirements at the various stages of its life cycle.

The product life cycle begins with the introduction stage (see ). Just because a product successfully completes the launch stage and starts its life cycle, the company cannot take its success for granted.

an assessment of costs and benefits inevitably involves

Answers

Value judgments and factual uncertainties

Bob owns 5 acres of land. Bob sells the land to a real estate developer who builds a subdivision with 10 houses. The land is an example of a good that is a. both rival in consumption and excludable. b. neither rival in consumption nor excludable. c. excludable, but not rival in consumption. d. rival in consumption, but not excludable.

Answers

Answer:

I think its A

Explanation:

Do you think it is fair for dealers to charge you more for a car they pay the manufacturer

Answers

Answer:

I dont think they should charge more

Explanation:

Answer:

In my opinion, No,

But this occurs only when demand is so high that dealers aren't struggling to make a sale, and it generally indicates that an MSRP is too low. In the rare case that dealers can't restock a particular vehicle fast enough, it's perfectly legal (and a savvy business decision) to charge more than the MSRP.

I hope this helps.

Which company makes more money? Gucci, which makes a Profit of $75.00 per belt sold, or Wal Mart which makes $0.62 per belt sold? Explain your answer…

Answers

Answer:

Probably Walmart. Considering the price is so low for Walmart, more people are likely to buy it. Therefor the value will drop.

Explanation:

An investment of $10,000 today is estimated to return $11,500 a year from now. The $11,500 is called the ________ of the investment.

Answers

The answer is future-value

woman caught on video throwing soup in face of restaurant manager after argument

Answers

Is that even a question

the best way for federal reserve board officials to help boost a stagnant economy is to

Answers

The most beneficial way for the Federal reserve board officials to help boost such economy is to lower interest rates so that the banks can provide more loans at cheaper rates to individuals and businesses.

The federal reserve board officials are nominated by the President and Senate to oversee the activities of the federal reserve.

Typically, the stagnant economy is characteristic by increasing interest rate which will discourage borrowing from bank.

However, if the officials lower the interest rate for bank, it will encourage more provision of loans to borrowers.

Therefore, the most beneficial way is to lower interest rates so that the banks can provide more loans at cheaper rates to individuals and businesses.

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Which of the following is typically NOT led by a company's Human Resource department?

Answers

Answer: they dont file complaints

Explanation:

Select the correct answer. Which sales channel is the most effective for a business that has a small scale of operations? a A. telemarketing B. hiring agents C. flea markets D. franchising E. multilevel marketing​

Answers

Answer:

franchising marketing

Why is Berkshire Hathaway underpreforming?

Answers

Answer:

no sales

Explanation:

In periods of low demand, companies can use direct marketing to target ________ customers and produce quick results.

Answers

There are different types of marketing.  In periods of low demand, companies can use direct marketing to target known customers and produce quick results.

Direct marketing is simply known to be a form of advertising that focus on targets of a person or company so as to generate new business, raise the profile of an organization or product and for sale.

This type of marketing channel are  emails, online adverts, flyers, database marketing, promotional letters, newspapers, etc.

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Type the correct answer in the box. Spell all words correctly.

What is a continuous discussion to bring out innovative ideas from employees?

A _____ session is a continuous discussion to bring out innovative ideas from employees. (Using Plato for this)

Answers

The name which is given to the session that is a continuous discussion to bring out innovative ideas from employees is called:

Brainstorming

According to the given question, we are asked to state the  name which is given to the session that is a continuous discussion to bring out innovative ideas from employees.

As a result of this, we can see that when a group of workers sit down together to bring out a new idea that would be innovative  to their company, then we can say that they are brainstorming because they bring ideas that would improve overall business and profit

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how much does the dow have to drop to suspend trading

Answers

Answer:

Circuit breakers halt trading on the nation's stock markets during dramatic drops and are set at 7%, 13%, and 20% of the closing price for the previous day. The circuit breakers are calculated daily

The auto insurance plans available from Fret-No-More Auto Insurance are outlined in the table below. To be considered "full" coverage, an insurance plan must include one level of coverage from each category. What is the annual premium for the cheapest insurance plan available from Fret-No-More that is considered full coverage?.

Answers

There are different types of car insurance. The annual premium for the cheapest insurance plan available from Fret-No-More that is considered full coverage is $473.16

Insurance is often made for vehicles. The six most used car insurance coverage options are:

Auto liability coverage Uninsured and underinsured motorist coverageComprehensive coverage, Collision coverageMedical payments coverage and Personal injury protection.

These insurance are often taken based on where a person live, They can be mandatory and optional coverage types.

Auto insurance is a contract between you and the insurance company that protects you against unforeseen accident or theft.

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Answer:

A: $473.16

Explanation:

of 4

On January 1, 2021, Gundy Enterprises purchases an office building for $195,000,

paying $45,000 down and borrowing the remaining $150,000, signing a 8%, 10-

year mortgage. Installment payments of $1,819.91 are due at the end of each month,

with the first payment due on January 31, 2021.

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2. Complete the first three rows of an amortization schedule. (Do not round intermediate

calculations. Round your final answers to 2 decimal places.)

int

ences

Decrease in

Date

Cash Paid

Interest

Expense

Carrying Value Carrying Value

1/1/2021

$ 150,000.00

1/31/2021

1,819.91

nnnnnnn

4040

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G2

5 6

7

of 7

Next >

Answers

Answer:

%You can answer that read your books or module you can find the answer

Explanation:

thank u bbb

If you get an email from your bank on its official stationery that asks for your account number, what should you do

Answers

When an email is received in one's bank name and asks for account number, it is more likely a fraud and should be reported immediately.

It is very uncommon and rare for bank to contact an account-owner and when they does, it is usually for complicated situations, complimentary messages, product offers etc

This type of message received (in question) are usually from a malicious party disguising as you bank and it is referred to as email phishing.

In conclusion, when an email is received in one's bank name and asks for account number, the intent is more likely a fraud and should be reported immediately to necessary department.

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