subject
Business, 02.01.2020 22:31 heartprague

Assume that you have been hired as the marketing manager for andrew's bicycle world, which has three stores in your state. andrew's has been in business for almost 20 years but has seen the sales of its new bike models decline at each of its stores over the past couple of years. andrew's is concerned about this trend and has asked you to conduct marketing research in order to determine what is happening and what actions should be taken.
the marketing research process is a well-defined set of steps that, if followed, should yield invaluable information concerning a firm's market. marketing researchers use a variety of techniques and gather data from an assortment of sources to provide the goods and services truly desired by people. regardless of the technique employed, firms follow five basic steps when they engage in the marketing research process.
for each action below, give which part of the market research process it represents:

1. report your findings to andrew and the other executives of the company
2. evaluate the data to see why the new bicycle models are not selling at andrew’s
3. gather information from bicycle owners in the community
4. decide that the firm should use descriptive and exploratory research
5. set research objectives for andrew’s bicycle world
6. determine the research design
7. reject your original theory as to why sales are down
8. place an order for a different line of bicycles that are popular with many in your community
9. determine why the new models at andrew’s are not selling as well as expected
10. use both primary and secondary data in the research process

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 11:40
Manipulation manufacturing's (amm) standards anticipate that there will be 5 pounds of raw material used for every unit of finished goods produced. amm began the month of maymay with 8,000 pounds of raw material, purchased 25,500 pounds for $ 15,300 and ended the month with 7,400 pounds on hand. the company produced 4,9004,900 units of finished goods. the company estimates standard costs at $ 1.10 per pound. the materials price and efficiency variances for the month of maymay were:
Answers: 1
question
Business, 22.06.2019 23:00
Abeverage company puts game pieces under the caps of its drinks and claims that one in six game pieces wins a prize. the official rules of the contest state that the odds of winning a prize are is the claim "one in six game pieces wins a prize" correct? why or why not? 1: 6.
Answers: 1
question
Business, 22.06.2019 23:30
How does the federal reserve stabilize and safeguard the nation’s economy? (select all that apply.) it distributes currency and oversees fiscal conditions. it implements american monetary policy. it regulates banks and defends consumer credit rights. it regulates and oversees the nasdaq stock exchange.
Answers: 1
question
Business, 23.06.2019 00:00
The undress company produces a dress that women use to quickly and easily change in public. the company is just over a year old and has been successful through a kickstarter campaign. the undress company has identified a customer segment, but if it wants to reach a larger customer segment market outside of the kickstarter family, what question must it answer?
Answers: 1
You know the right answer?
Assume that you have been hired as the marketing manager for andrew's bicycle world, which has three...
Questions
question
Mathematics, 11.04.2020 15:11
question
Mathematics, 11.04.2020 15:12
question
Mathematics, 11.04.2020 15:13
question
Biology, 11.04.2020 15:14
question
Biology, 11.04.2020 15:18
Questions on the website: 13722363