Discuss the different ways which can be adopted by small manufacturing firms to conduct market research

What will be an ideal response?


The small firms can adopt the following ways to conduct market research:
(1 ) They can engage students or professors to design and carry out projects. (2 ) They can collect considerable information at very little cost by examining competitors' Web sites, monitoring chat rooms, and accessing published data. (3 ) The owners of small business firms can routinely visit competitors to learn about changes they have made. (4 ) By tapping into marketing partner expertise.

Business

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________ is used to address personal or attitudinal problems rather than those related to an individual's ability.

A. Training B. Mentoring C. Counseling D. Punishment

Business

Merckle Corporation owns 40 percent of the voting stock of Grant Corporation and accounts for the investment using the equity method; Grant Corporation reports a net loss of $30,000. Merckle Corporation's entry to record the share of loss is:

A) Loss, Grant Corporation Investment 12,000Investment in Grant Corporation 12,000 B) Investment in Grant Corporation 12,000Loss, Grant Corporation Investment 12,000 C) Investment in Grant Corporation 30,000Cash 30,000 D) Investment in Grant Corporation 12,000Cash 12,000

Business

A company paid $150,000, plus a 7% commission and $5,000 in closing costs for a property. The property included land appraised at $87,500, land improvements appraised at $35,000, and a building appraised at $52,500. What should be the allocation of this property's costs in the company's accounting records?

A. Land $82,750; Land Improvements, $33,100; Building, $49,650. B. Land $75,000; Land Improvements, $30,800; Building, $46,200. C. Land $80,250; Land Improvements, $32,100; Building, $48,150. D. Land $75,000; Land Improvements, $30,000; Building, $45,000. E. Land $77,500; Land Improvements; $31,000; Building; $46,500.

Business

According to the principle of imputability, a state will be responsible for ________

A. actions taken by an international organizations B. acts of officials of other states C. acts of private persons D. actions taken by its officials

Business