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2 years ago

Specific data such as age, income , family size , and accupation used for marketing purposes, is called

Business

2 answers:

maks197457 [2]2 years ago

5 0

it is called market research

sashaice [31]2 years ago

5 0

Answer:

Demographics.

Explanation:

Specific Data such as age, income, family size, occupation, etc that is used for marketing purposes is called as Demographics.

When Marketing Research is planned, the target audience is defined from which the company needs the feedback. When a company go for a research from a group of people with specific data of their age, income, family size, occupation, disabilities, etc, this is called Research on the basis of Demographics.

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Research indicates that the efficiencies of managing through centralized control may be when operating environments of divisions

weqwewe [10]

To complete the statement above, research indicates that the efficiencies of managing through centralized control may be ‘greater’ when operating the environments of divisions in multidivisional organizations are relatively ‘stable and predictable’. It is because when there is a presence of stable and predictable in operating the environments of division in multidivisional organization, there will likely be a result of their managing to be more effective because it is not destructive but stable.

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2 years ago

Demand for a good will MOST likely decrease when

choli [55]

Answer:

A. There are many substitutes for it.

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2 years ago

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XYZ Ltd produces a product for which the annual demand is 10,000 units. Production averages 100 units per day, while demand is 4

irina [24]

Answer: Batch size to be used =Economic batch size of 2,236 units

Explanation:

From the question, we have that

Annual demand (D) = 10,000 units

Setup cost (S) = $200

Holding cost (H) = $2 per unit per year

Daily production (p) = 100 units per day

Daily Demand (d) = 40 units per day

Therefore Economic batch size, Q will be calculated as

Q = $\sqrt{2 x D x S / H x ( 1-d/p }$

Q= $\sqrt{2 x 10,000 x 200 / 2 x ( 40/100)}$

Q= $\sqrt{4,000,000/0.8 }$

Q= $\sqrt{5,000,000}$

Q=2,236.067 rounded up to 2,236

Economic batch size =2,236 units

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2 years ago

You and the other shoe store owners decide to fix your shoe prices at $60 a pair in order to maximize your profits. This is call

igomit [66]

Is called collusion

It's actually price collusion to be precise ( not to be mistaken for the crime collusion)

Often time, to attract customers, sellers will offer a lower price than their competitor. Though it may attract more customer, it will lower their profit.

In price collusion, all sellers is guaranteed to have same product price and profit margin, creating a perfect competition market for that product

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Assume the reserve requirement is 10%. First National Bank received a deposit of $5,400. If there no slippage, how much could th

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2 years ago