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Question
question 74
1 pts
which of the following is an example of market research?
a business owner asking friends and family to buy products.
a business owner asking customers complete a survey after purchase.
a customer referring their friends to buy from a business.
a customer reading reviews about a business online.
question 75
1 pts
which of the following are factors in calculating price?
insurance and taxes
marketing and sales
cost of materials
competitors prices
all of these
For Question 74, market research involves gathering information about customers and markets. Asking customers to complete a survey after purchase is a way to collect feedback and data, which is market - research. The other options are about sales or customer referrals, not research.
For Question 75, insurance and taxes add to costs, marketing and sales expenses are factored in, cost of materials is a basic cost component, and competitor's prices influence pricing strategy. So all are factors in calculating price.
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Question 74: B. A business owner asking customers complete a survey after purchase.
Question 75: E. All of these