Marketing research can affect the business's marketing mix by providing information about various locations that will influence the business's __________ decision.*1 pointA. priceB. promotionC. placeD. product
Question
Marketing research can affect the business's marketing mix by providing information about various locations that will influence the business's __________ decision.*1 pointA. priceB. promotionC. placeD. product
Solution
The answer is C. place. Marketing research can provide information about various locations, which can influence where a business decides to sell its products or offer its services. This is referred to as the 'place' decision in the marketing mix, which includes product, price, place, and promotion.
Similar Questions
What are the three roles of marketing research?*2 pointsdescriptive, diagnostic and predictivelong-term research, short-term research and overall researchdiagnostic, predictive and investigativesurveys, focus groups and in-person interviewsdescriptive, investigative and surveys
The marketing research process is conducted in order for a company to make good decisions because itMultiple choice question.helps the buyer buyeliminates the need to change the productdetermines opportunities and challengesoutlines the 4 P's of marketing
Which one of the following is the best explanation of market research?1 A process to collect and analyze information for marketing purposes2 A process to collect and analyze information regarding public opinion3 A process to collect and analyze information to make sound business decisions4 A process to collect and analyze information for product advertising
In order to determine the right opportunities and identify the challenges that may be faced, marketers rely on marketing research to find the they need to make decisions.
I. Market research systematically collects information about customers.II. Marketing research helps improve products and services.Group of answer choicesStatement I is False, Statement II is TrueBoth Statements are FalseStatement I is True; Statement II is FalseBoth statements are True
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.