MRTS1342 - Launching a Business Questions & 100% Correct Answers- Latest Test | Graded A+ | Passed
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Course
MRTS 1342
Institution
MRTS 1342
How does the business climate impact marketing analysis?
-:- It assesses the overall economic and professional environment for businesses
How does a census of housing contribute to marketing analysis?
-:- By providing insights into the new home sales
What does a census of business primarily f...
MRTS1342 - Launching a Business Questions
& 100% Correct Answers- Latest Test |
Graded A+ | Passed
How does the business climate impact marketing analysis?
✓ -:- It assesses the overall economic and professional environment for businesses
How does a census of housing contribute to marketing analysis?
✓ -:- By providing insights into the new home sales
What does a census of business primarily focus on in marketing analysis?
✓ -:- Collecting comprehensive data on where businesses are located.
What is the primary objective of conducting a market survey?
✓ -:- Identifying and understanding customer preferences and needs
How does disposable income contribute to marketing analysis?
✓ -:- It reflects the amount of money available for spending after taxes
✓ -:- To identify and evaluate market opportunities
What role does market analysis play in business strategy?
✓ -:- It guides decision-making based on market trends
What do population trends focus on in marketing analysis?
✓ -:- Changes in the number and characteristics of people in a certain area
What is the primary focus of the financial plan component in a business plan?
✓ -:- Outlining the company's funding needs and how the debts will be paid.
The study that is used by a business to determine where the potential customers are
located is referred to as:
✓ -:- Market Survey
What does market demographics refer to in the context of marketing analysis?
✓ -:- The study of human populations with respect to their size, density, distribution,
composition, and income.
How does a chamber of commerce contribute to a community?
2|Page | Grade A+| 2024/2025
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