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What else can I help you with?
Consumer market research serves what purpose?
The purpose of consumer market research is to determine how consumers view a product or brand. With the results of consumer market research, a company can make better business decisions.
How can a business try to increase the demand for a product?
A business can increase the demand for the good by advertising about there product more by by coating less prices on the good and also by giving a better qualities of the good in a cheaper rate till they have a strong consumer base
What benefits do consumers receive as a result of competition in private sector markets?
Suppliers compete for consumer's business and has to outperform each other with respect to:quality of product and/or service,product price,ease of obtaining the service or product,utility of the product or service,after sales service, etc.All these aspects ensures a better consumer experience.In the absence of competition, the consumer is alone in negotiating with the supplier, who then has a monopoly.
How did JCPenney get started in business?
To sell a better product for the best product.
Before government approves a merger what must the companies prove the merger would do?
lower costs and consumer prices or lead to a better product
Name a volountary agency which protects the consumer?
The Better Business Bureau
How can consumers benefit from advertising?
the consumer can discover a better product than the one he is accustomed to using.
What is the importance of information to a business organization?
Information is incredibly important to a business organization. To compete with other businesses, sell a product and make a profit, a business needs detailed information about assets, cash flow, consumer markets, payrolls, and many other business related subjects. All of these subjects relate back to making money for the business, and better information allows the business to make better decisions.
What are the private agencies that can be used to resolve consumer problem?
Better Business Bureau-NovaNet
What are consumer leads used for?
Consumer leads are used by salespeople to help them generate sales. If a consumer has expressed an interest in a product or service, this is known as a sales lead, and the salesperson has a better chance of making a sale to such a consumer.
Is there a Better Business Bureau for Japan's businesses?
hello. the way to ger better at bussines is how you look at the product
How do you improve consumer rights awareness in India?
Along with every product a consumer buys, the Manufacturer should enclose a detailed literature of what right a consumer could exercise in case of a malfunction or unsatisfactory performance of the product. This will bind the consumer to know his rights so he could understand the Maker better(empathy) before he feels aggrieved.
