A fast food hamburger restaurant considered adding pizza to its menu. Before offering pizza in all of its restaurants, the company made it available in a few of its more established markets to determine customer reactions. This process is called

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Answer 1

Answer:

Test marketing

Explanation:

Answer 2

The process used by the fast-food hamburger restaurant is called test marketing.

What is test marketing?

Test marketing refers to a marketing process that involves the study of customers' responses toward a product or a service. It is done by making the product available at limited marketplaces before making a wider release.

In the given case, the fast-food hamburger restaurant made available the newly released product, pizza, to the established market to study the consumer reactions. This was done with a view to obtaining knowledge about the preference of the customer.

Therefore the correct option is test marketing.

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Related Questions

When the value of the euro increases compared to the U.S. dollar, the price of U.S. exports to Europe will decrease. Group starts

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Answer:true

Explanation:

Aliyah made a payment in the amount of $47. 93. She’ll use the check register to record her transaction. What will be her new balance?.

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Getting points so I don’t know

Answer: 1295.02

:)

Explanation:

________ are information systems designed to support the planning and the implementation process across the entire organization.

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The information systems that is been designed so that it can offer support to planning as well as the implementation process as regards an organization is Business Management Systems.

Business Management Systems can be regarded as a system that is very crucial in an organizational settings, especially in the planning and implementation stage.

It help to improve the efficiency as well as performance of the organization.

Therefore, Business Management Systems is the correct.

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the first step in the accounting cycle is to ______.

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Identify Answer:

Identify and analyze transactions

Explanation:

Individuals and business organizations that buy finished goods and resell them to make a profit without changing the physical characteristics of the product are classified as ____ markets.

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Answer:

reseller

Explanation:

1. List the book title and retail price for all books with a retail price lower than the average retail price of all books sold by JustLee Books. 2. Determine which books cost less than the average

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The SQL syntax which retrieves the book title and retail price for books lesser than the average price of all books by just Lee. The SQL command is written thus ;

SELECT title, retail

FROM books

WHERE retail <

(SELECT AVG(retail)

FROM books);

The first line lists the columns to be used to form the new table. books is the name of the table to be looked into (line 2)Line 3 is the condition, which is rows where retail price lesser than the average retail price. Line 4 uses the AVG command to obtain the average of the retail cost of all books.

Hence, the SQL command will display all columns where retail price is below the average price of books with only the book title and retail price column included.

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When a firm markets products under its own name and that of a reseller because each attracts different segments, it is called a ________ strategy.

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Answer:

Mixed branding

Explanation:

When using the direct method, why is a decrease in Accounts Receivable added to Sales Revenue when computing cash collected from customers

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The work in the accounts receivable and sales accounts is often used to know the cash collections from customers. When using the direct method, Accounts receivable often decreases when the company received more cash from its customers than credit sales made by the company.

Accounts receivable change is simply known as the increase in accounts receivable as it affects cash flow while a decrease helps cash flow.

The accounts receivable asset tells how much money customers who bought some products on credit still owe the business.

The direct method for preparing the statement of cash flows reports  is the cash received and cash paid from operating activities.

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The Gantt chart , which is a type of bar chart that illustrates a project schedule , as developed around the years

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Are you asking or are you making a statement? I’m trying to figure this out as well

periodic payments on installment notes typically include:

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Answer: a portion that reduces the outstanding loan balance & a portion that reflects interest

What legislation, passed in 1935, ensured that collective bargaining would be the favored method to resolve conflict between managers and workers

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The National Labor Relations Act (1935) was the legislation passed to ensure collective bargaining to favor method of resolving conflict between managers and workers

National Labor Relations Act (1935) is also known as the Wagner Act.

The provision of the National Labor Relations Act required the managers or businesses to bargain in good faith with the labor union which fight for the interest of the employees.

In conclusion, the National Labor Relations Act (1935) was the legislation passed to ensure collective bargaining to favor method of resolving conflict between managers and workers.

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Wyle Co. has $3.9 million of debt, $1 million of preferred stock, and $3.3 million of common equity. What would be its weight on common equity

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The answer is 0.32, I hope the image accelerates your understanding

A minimum resale price maintenance agreement requires a dealer who buys from a manufacturer ______________________________ .

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A dealer who buys a product from a manufacturer under a minimum resale price maintenance agreement is required: to sell for at least a certain maximum price.

Price can be defined as an amount of money that is required to be paid by a buyer (customer) to a seller (producer) in order to acquire a product or service, at a given period of time.

A minimum resale price maintenance agreement (RPM) is a price arrangement in which a dealer (reseller) who buys a product from a manufacturer agrees to sell the product for at least a certain maximum price such as:

At or below a price ceiling.At or above a price floor.

In conclusion, a dealer who buys a product from a manufacturer under a minimum resale price maintenance agreement is required to sell for at least a certain maximum price.

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Organizationally supported programs that focus on the employee's total physical and mental condition, such as helping them quit smoking or control alcohol use, are called ________ programs.

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Organizations are usually engage in various kinds of programs. The programs helping them quit s moking or control alcohol use, are called wellness programs..

Wellness is simply known as involving yourself in those habits which are good to the human body.

Organizational behavior is often deals with the analysis of employee for individual and group performance in an organization.

Conclusively, It deals with human behavior when communicating, working, ethics, motivation, and leadership.

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If the internal rate of return is ______. Multiple select question. greater than the hurdle rate the project should be rejected less than the hurdle rate the project should be rejected less than the hurdle rate the project is acceptable greater than the hurdle rate the project is acceptable

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If the internal rate of return is less than the hurdle rate the project should be rejected.

The internal rate of return is a capital budgeting method that is used to determine the profitability of an investment.  The internal rate of return is the discount rate that equates the after-tax cash flows of an investment to the amount invested

The hurdle rate is the minimum discount rate a project should have so that it would be acceptable. The decision rule when using the internal rate of return is to accept the project if the internal rate of return is greater than the hurdle rate of the project. If this is not met, the project should be rejected.

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Suppose you invested $93 in the Ishares High Yield Fund (HYG) a month ago. It paid a dividend of $0.53 today and then you sold it for $94. What was your dividend yield and capital gains yield on the investment

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The dividend yield and capital gains yield on the investment are: 0.57%, 1.08%.

a. Dividend yield

Dividend yield = Dividend/Amount invested

Dividend yield =$0.53 / $94

Dividend yield= 0.57%

b. Capital gain yield

First step is to calculate the capital gain

Capital gain= $94 - $93

Capital gain= $1

Second step is to calculate the capital gains yield

Capital gains yield=Capital gain/Amount invested

Capital gains yield=$1 / $93

Capital gains yield= 1.08%

Inconclusion the dividend yield and capital gains yield on the investment are: 0.57%, 1.08%.

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A salesperson whose primary responsibilities are to identify potential customers and engage those customers in discussion to attempt to make a sale are known as

Answers

Answer:order getter

Explanation:

A product sells for $200 per unit, and its variable costs per unit are $130. Total fixed costs are $420,000. If the firm wants to earn income of $35,000, how many units must be sold

Answers

Equation used: $35,000 divided by $200

Answer: He needs to sell 175 units to make $35,000.

Using the Porter model, which generic business-level strategy is Nordstrom pursuing? What evidence supports your answer?

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Not enough info to fully answer

Because chains are so important in the lodging sector, there's little room for smaller companies like bed-and-breakfasts. true false

Answers

Answer:

True

Explanation:

Using the tables in Appendix 11.A, how much interest will an investment of $10,000 today at 12% interest compounded annually earn over 20 years (rounded to the nearest dollar

Answers

Using the compound interest formula. The amount earned on interest on the invested amount would be $86,463

Using the relation :

[tex] A = P(1 + r)^{t} [/tex] A = total amount after t years P = Amount invested r = Rate of investment

Substituting the values into the relation :

[tex] A = 10000(1 + 0.12)^{20} [/tex]

A = $96462.93

The interest earned can be calculated thus :

$96,462.93 - $10,000 = $86,462.93

Hence, interest earned is $86,463

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A retail manager who wants to know how his store's sales would be affected if he reduces the number of different national brands the store carries would use what type of information system

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The transaction processing system is the information system that should be used by the Retail manager.

Transaction processing system refers to an information system used in business which collects, stores, and retrieves the data transactions of all activities of the business operation.

The processing systems helps to provide predictable response times to various requests.

This information system will help the manger to known how the store's sales would be affected if he reduces brands.

In conclusion, the transaction processing system is the information system that should be used by the Retail manager.

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When cargo reaches its destination country, is must be cleared through: a.A freight forwarder b.Customs c.A bill of lading d.TATA

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When cargo reaches its destination country, is must be cleared through b. Customs.

Every imported goods or products must pass through Customs and must be cleared through customs.

Customs officers are sole responsible for examining or checking all incoming goods so as to confirm the quality of the goods and to examine them for any contraband.

A custom officer also help to detects and seizes any illegal cargo or goods.

A cleared cargo are cargo that has be certified after passing  through all the screening stage.

Inconclusion when cargo reaches its destination country, is must be cleared through b. Customs.

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in which theory do managers set goals for employees?

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“SMART” theory is (specific) (measurable ) (aggressive) (realistic) and (time bound)

Evaluating a website's _____________ involves determining the date the article was placed on the web or revised.

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Determination of the date that particular article is been placed on a particular website can be termed website Objectivity.

Objectivity can be regarded as a way to check or determine an information is presented in a fair and balanced way or it is not.

For someone to determine the objectivity of a website the purpose of the website must be known first.

Therefore, website objectivity is the correct term.

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True or false: In order to avoid price wars, firms sometimes adjust their prices only when firms that offer similar products or services do the same.

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Answer:True

Explanation: when firms make price changes carefully and only if others follow their lead, it can help prevent a price war.

how is this the answer

Answers

Answer:

what?

Explanation:

What’s the question? Don’t do that just to get points :/

anyone know the answer?

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Answer: B. given to someone who works and receives credit for tuition.

The employees at a nonprofit are always looking for ways to improve facilities and benefits for the impoverished children they care for. They then implement those ideas to improve performance. This is an example of

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The situation described about a non-profit foundation is an example of continuous learning.

Continuous learning is a term that refers to an organizational strategy that consists of providing the opportunity to improve the skills and talents of the members of an organization to improve aspects related to the organization.

According to the above, the situation of the non-profit foundation is an example of continuous learning because the employees are constantly investigating to improve the facilities and the benefits that can be provided to the children they care for.

Note: This question is incomplete because the options are missing. Here are the options.

Brand alignmentContinuous learningEmployee engagementPerformance managementExpert systems

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Marlena, the human resource manager, is putting together a package describing the new job opportunity available at her company. What resource would she use to learn about the specific tasks the job includes and the knowledge and abilities a person would need to perform the job

Answers

Answer:

Job analysis

Explanation:

Marlena, the human resource manager, is putting together a package describing the new job opportunity available at her company. The resource she would use to learn about the specific tasks the job includes and the knowledge and abilities a person would need to perform the job is patience and endurance.

What is human resource management?

Human resource management is the strategic approach to the effective and efficient management of people in a company or organization such that they help their business gain a competitive advantage.

What is resource?

Resource is a stock or supply of money, materials, staff, and other assets that can be drawn on by a person or organization in order to function effectively.

What is endurance?

The ability to endure an unpleasant or difficult process or situation without giving way.

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