What is the difference between internal market research and external market research?

Answers

Answer 1

Answer:

Internal research is research within the company itself. External research is conducted outside of the business, like looking at competitors.

Explanation:

An external analysis looks at the wider business environment that affects your business. An internal analysis looks at factors within your business such as your strengths and weaknesses.


Related Questions

I am MrBeast and if you can guess what number I am thinking of between 1 and 100 I will give $10,000. Comment or answer.

Answers

Answer:

58

ohhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh

it's fake

This is fake!!! It's not even the real MrBeast!!

During which stage of new product development do you think focus groups would be the most helpful? Explain.

Answers

With 75% of venture-backed startups set to fail and 50% of S&P 500 companies expected to be replaced in 10 years, we’re all feeling the heat to improve our speed and agility in the face of booming competition. In our quick guide, Mastering the New End-to-End Process to Transform Product Development, you’ll learn how to implement Product Pipelines to achieve outsized market success.

This new product development process quick guide covers topics such as:
How using product pipelines and consumer adoption intersect
A case study on new product development process using Netflix and Tesla
Applying the commercialization process of product development to existing products or groups of products

During 75% completion stage of new product development, focus groups would be the most helpful.

What is the role of Focus Groups?

Focus groups are used in research primarily to collect data about respondents' attitudes, feelings, beliefs, experiences, and reactions in ways that are not possible with other techniques, such as observation, one-on-one interviews, or questionnaire surveys.

A new product release is a serious undertaking. If the product does not sell as anticipated, the advertising, manufacturing, and inventory costs were all for nothing. It's critical to follow a step-by-step method while creating a product before releasing it to the general public in order to prevent this scenario.

Because the maker does not consider the intended consumer's opinion, many goods fail.

Therefore a focus group is a practical tool for gathering consumer opinions when researching a new product.

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... is an economic system where consumers can choose what to buy and where to buy

A. Planned economic system
B. Mixed economic system
C. Market economic system
D. Tradition economic system ​

Answers

it is C. Market Economic system!

as I read and knew once I found of by reading the sentence you put.

to check out more and I give credits also too for the information https://flexbooks.ck12.org

for confirming it for me. and you can find out more about Economic Systems there for sure also !!

Answer:

it can be either mixed or a market economy

Explanation:

The Future Business Leaders of America (FBLA) is the best organization to
join for which of the following people?
A. A performing arts student who's going to theatre school
B. A high school student interested in management
C. A graphic design student who loves to draw and paint
OD. A culinary arts student who's going to study overseas

Answers

Option B A hush school student interested in management

5. What strategy does BCG prescribe for each SBU? 6. If you do not agree with the prescribed strategies. What would you do? Justify your recommendation.

Answers

Answer:

Justify your recommendation. From the BCG Matrix we can tell that Electrical appliances unit is a Cash Cow with high market share and stable growth.

THEN U FIND ONE THAT U LIKE

HOPE THIS HELPS

Explanation:

Starbucks just released study Starbucks coffee increases your life span what is the change in demand or quantity demand

Answers

Answer:

There would be a change in demand. there would be an increase in demand. the demand curve would shift rightward

Explanation:

Only a change in the price of a good leads to a change in the quantity demanded. If the price of the coffee increased, the quantity demanded would reduce and if it reduced, it would would increase

So based on the report the quantity demanded would increase. This is because most people want to live longer. This would result in the demand curve shifting rightward

The loss a company experiences when a service goes unused is referred to as

A. depreciation

B. perishability

C. liability

D. equity

Answers

Answer:

B. Perishability

Explanation:

Zack you know I am right, I am always right.

Project: How Entrepreneurs Improve the Economy
This project will focus on researching different ways that entrepreneurs improve the economy. You will then explore these ways and
explain whether you agree or disagree with how each can improve the economy.
During this project, you'll accomplish the following:
O Objectives
• Research at least five ways that entrepreneurs improve the economy and explain whether you agree or disagree with each.
Directions
Use the Internet to research different ways that entrepreneurs improve the economy. You will need to have at least five ways. Be sure
to include the URL links you used as resources in the space below.
Now that you have completed the research, record your findings in the table below and include the links,
1 Fillin five ways that entrepreneurs improve the economy

Answers

Answer:

time management

make best decision

saving the budget

having ideas

never relaxed

2. With some 80 percent of the toys sold in the United States being manufactured in China, should the United States place greater emphasis on its toy-trading relationship with China? Could the United States control China's manufacturing more than it does today? How?

Answers

Answer:

Yes, US should emphasise on its toy trade relationship with China. Yes, US can control China's manufacturing.

Explanation:

Yes ! As 80% of toys sold in US are being manufactured in China, former should place greater emphasis on its toy trade relationship with latter.

US can also control china's manufacturing more, by levying higher quality standards for toys - to be accepted as imports by US.

US gets major domestic toy demand satisfied from chinese toy imports. So, its crucial & worth emphasising for it. China also exports significant toys to US, so it's export production can be controlled by US.

3. Equivalent cash price is the present value that is equal to a payment.
O True
O false

Answers

Answer:

Pretty sure its true

Explanation:

Answer: True
Hope this helps you!

Ok ok ok I know posted another idea ready for feedback earlier but here's another one.
A bookstore where the different genres are actually themed. So nonfiction would be the main room and to a newcomer, it would be the only thing they saw but if they were to ask where the mystery books were the clerk/employee (this employee would have a very unassuming generic uniform so they don't stand out) would hand them their first clue (all sneaky-like) to find the hidden door to the mystery section! (There would be 3 doors to the room and every month or so the clues and door that is unlocked/can be used to access the mystery room would be changed). The mystery section would be themed kinda like sherlock holmesy, all old stuff and things that would look like clues ("blood" stains, broken lamps, magnifying glasses, books open on the desk et cetera). The fantasy section door would be accessed by pulling a large tasseled cord which would trigger a large bell to ring and the door would pop open close to them. This room would have large "trees" in each corner that have the traits of each season with different ornate lamps hanging from the boughs along with different iconic items from famous fantasy books. To get to the sci-fi section there would just be a LARGE red button with no markers that a person could press to enter the "control deck". After they press the button the doors would slide open and the room would be bathed in red light with a voice playing over the loudspeaker giving the button pusher urgent instructions to save the spaceship from disaster (which would be different on specific days of the week). The inside would look like a spaceship "control deck" with a control panel consisting of different buttons and switches that must be activated in accordance with the voice over the loudspeaker (the buttons and switches would also make sound). An employee would be in a backroom controlling the lights in the whole building (all the lights would turn off if the button pusher failed to press the right buttons in the right order in time) if they do succeed the employee would come out, congratulate them, and see if they need any help finding anything. If they fail they would come out and push a couple of buttons so that the lights 'come back on' (the lights would be on a 10-15 sec timer or something and turn on on their own). The dystopian fiction section is underneath the fantasy section and has a steampunk theme. It is accessed by a trapdoor in the floor. The horror section would be accessed by pulling a random skull lever in the main room which would give the client a skull key with a tag that has an eerie rhyme telling the client where to find the door. The door would look ornate and creepy and it would have a dead-looking 'tree' (not a real tree there will be various plants to give the building life but yeah not this one) with an animatronic crow or two on it occasionally crowing. The clerk at the cash register would automatically ask for the key when they check out. Example: "Did you visit the horror room today? Yes? Okay, kindly return the key of Hades. Thank you. Have a nice day!" Or something like that with an equally creepy or creepier name for the key.

Okay, that's all I have for now but answer with your feedback and ideas for other room genres if you have them! Thanks so much!

Answers

uygiguhju;oiuhkjhli7;ihu;ouh;oiujh;oiuh;oiu'jouuoiyuoij'ypoij

I would love this yes BEST OUT OF THIS WORLD  IDEA I would die  to   ever see something like that u    could    do like LED   lights    and    with  cotton on them   they would look like clouds AMAZING

Companies that fail to identify needs risk which of the following?

A. loss of customers

B. wasteful spending

C. increasing interest

D. increasing debt

Answers

Answer:

wasteful spending

Explanation:

:) hope it helps

Answer:

A. LOSS OF CUSTOMERS

Explanation:

I KNOW EVERYTHING

What are common tasks performed by Law, Public Safety, and Security workers? Check all that apply.
inspecting facilities
patrolling and guarding an area
preparing reports
interpreting and analyzing evidence
repairing broken equipment
designing household products
setting up computers

Answers

Answer:

inspecting facilities

patrolling and guarding an area

preparing reports

interpreting and analyzing evidence

Explanation:

there it is

Some of the common tasks performed by Law, Public Safety, and Security workers include:

A. inspecting facilitiesB. patrolling and guarding an areaC. preparing reportsD. interpreting and analyzing evidence

Who are the Law, Public Safety, and Security workers?

Law, Public Safety, and Security workers are career government employees who undertake various social tasks to maintain law and order, public safety, and security among residents.

Some of these Law, Public Safety, and Security services cannot be provided by private entities and individuals.

Learn more about Law, Public Safety, and Security workers at https://brainly.com/question/14035108

Hope these points help you.

Answers

Answer:

ok

Explanation:

Answer:

Your so kind, i literally ran out of points on a question a second ago

Explanation:

Edit: Also that drawing is really good

You like mine?

Do you think large multinational corporations in general like Wal-Mart, Apple, McDonalds and Frito Lay are good or bad for the world? Is "globalization" another word for “Americanization”? Why or why not? (3 points) Explain using complete sentences.

Answers

Answer:

I think multinational corporations in like these are bad. Because even people on diets or trying to diet, and people buy it for them not knowing its hard for them to say no.

Explanation:

Companies that fail to identify needs risk which of the following?

A. loss of customers

B. wasteful spending

C. increasing interest

D. increasing debt

Answers

Answer:

A. Loss of customers

Explanation:

1000 percent.

The title of this talk is “Profit’s Not Always the Point.” But do you think profit is an added perk for companies that make the effort to promote positive social change? Explain.

Answers

yes, no matter what company say, they need money for funding for "social change"

need help pleaseeee nowwwwwwwwwwwwwwwwwwwwwww

Answers

Answer:

the last one

Explanation:

Last oneeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee

Baxter is looking over his monthly budget. Specifically, he's considering the direct deposits that came through this week from his job with a biotech company and from the tenant who rents a small condo that he owns. What kind of money is Baxter reviewing?
A. income
B. inflation
C. personal risk
D. opportunity cost​

Answers

I believe the answer you are looking for is A. Income

Answer:

A, "Income"

Explanation:

Gradpoint

Which of the following best describes what a manager does?

A. Influences others to purchase certain goods from certain stores
B. Makes sure that a company is using its resources in a way that helps it meet its goals
C. Combines an idea, a plan, and various resources to start a new
business
D. Works for a company and produces resources to make a product

Answers

Answer:

b: makes sure that a company is using its resources in a way that helps it meet its goals.

Explanation:

as a team, they gather around and make goals, but its mainly the manager that has to make sure they meet all there deadlines towards there goals.

The statement that  best describes what a manager does makes sure that a company is using its resources in a way that helps it meet its goals. Thus, option B is correct.

What is Manager?

According to the conventional definition, a manager is only someone who coordinates the efforts of others. Simply, managers coordinate the efforts of others to accomplish goals. Managers in the modern workforce could be in charge of particular systems or tasks that don't involve people.

They get together as a team and set goals, but the manager is primarily responsible for seeing that all the deadlines for achieving those goals are met.

Manages employees, plans, and evaluates departmental operations to meet departmental goals. Maintains staff by bringing in, choosing, onboarding, and training new hires.

The action that most accurately sums up a manager's responsibilities is ensuring that a firm uses its resources in a way that advances its objectives. Therefore, choice B is correct.

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Will mark Brainliest
Type the correct answer in the box. Spell all words correctly.
Which activity involved in the distribution function of a business concerns the supply of products from the manufacturer to the retailer?
(________________) is a crucial part of distribution since it is concerned with ensuring that the product(s) reaches the retailer or distributor.

Answers

Answer: Distribution Activities means the following activities to be performed by Seller or its Affiliates during the Distribution Period pursuant to the provisions of Section 4.6: (i) the receipt and processing of purchase orders for the Products; (ii) providing warehousing services for the Products; (iii) shipping of ...

Explanation:

Answer: Supply chain management

Explanation:

Why are short term and long term goals important when it comes to money? Give an example of each

Answers

Answer:

bc will need for emergency in short time and long time for collage

Explanation:

Answer:

The precision of planned statistics that relate to future activities is a benefit of short-term planning. Long-term planning may be less trustworthy due to the inaccuracy of longer-term projections.

Long-Term Financial Objectives For most people, the most important long-term financial objective is to save enough money to live comfortably.

Virtually all organizations, from small startups to huge established firms, require short-term money management. Even huge corporations with seemingly strong financial accounts have declared bankruptcy because they were unable to pay their existing obligations.

Explanation:

Potential employers search the Internet for information about job applicants. TRUE or FALSE

Answers

Answer:

True

Explanation:

If your repair business brought in $100,000 how much tax would you owe?

Answers

Answer:

$13,300 If the business is owned by one person or 26,900 if it has multiple owners.

Explanation:

Small businesses with one owner pay a 13.3 percent tax rate on average and ones with more than one owner pay 23.6 percent on average. Small business corporations (known as “small S corporations”) pay an average of 26.9 percent. Corporations have a higher tax rate on average because they earn more income

answer this question plz n thank you. (posted the 1st n 2nd question. gonna post 2 other ones.)
3. Many jobs in the Personal Services pathway—such as hairdresser, personal trainer, massage therapist or barber—involve caring for people’s physical needs. List two important qualities that might be needed for success in these kinds of careers and explain how each of the qualities you mentioned are important to finding success in this field.

Answers

Answer:

Confidece, and empathy.

Explanation:

Confidence to know you will do great at your job, and empathy to know how others feel about themselves!

Hope this helps! Brainliest plz!

What is the MOST likely result of imposing a price ceiling on a particular product?​

Answers

Answer:

Usually, when a price ceiling is imposed, the demand for the product goes up. This can cause a shortage of products because of their high-demand. Conversely, the opposite occurs when a price floor is imposed.

the bank allows you to borrow money up to a specific amount

Answers

Revolving credit/credit.

Hope I helped you :3

I think my answer is correct :>

Answer:

Revolving credit.

credit.

Explanation:

In "revolving credit", the bank allows you to borrow money up to a specific amount, which is your "credit".

Which of the following caused readership of The Boston Globe to plummet?

A. poor journalism

B. a competitor

C. online news

D. rising subscription costs

Answers

IT IS>>>>>>>> ONLINE NEWS

suppose you are the general manager of a business. supply a separate strategy for each of the following challenges that may arise in the micro environment of the business.

1. The product design team in the marketing department cannot reach consensus on the new product idea and as a result conflict arises

2. When the financial department of the business prepared the financial statements for year end, they realised that the business does not generate sufficient profit to keep the shareholders happy.


3. The general manager requested audit reports from the administration department, but the administration department cannot find the audit report complied by an external accounting firm ​

Answers

Answer:

uts all really esay and i dont know how it works

I will mark you as brainliest!

During the___step of the product development process a business will
likely have a fully functioning prototype of a new product.

A. product and promotion development
B. idea screening
C. post-launch review
D. business analysis

Answers

During the option B. idea screening  step of the product development process a business will likely have a fully functioning prototype of a new product.

What function does a prototype serve in the creation of a product?

New product development often starts with a concept study, then moves on to prototype development, actual productization, production, and post-sale support.

Prototypes are physical depictions of the various stages of development from the initial concept to the finished product. Every stage of the prototyping process provides useful information on how to produce a final design that will best serve the development project's ultimate objectives.

Note that By using prototypes, you can ensure that your final product is both safe and compliant with regulations in your sector. Cost-saving measures - Any alterations you make during the prototyping stage, whether to the product design, the materials used, or the production procedures, may enable you to reduce the price of the finished product.

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Answer: A: product and promotion development

Explanation:

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