MRTS1342 Launching a Business Exam | Questions And Answers Latest {2024- 2025} A+
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How does the business climate impact marketing analysis? - It assesses the overall economic and
professional environment for businesses
How does a census of housing contribute to marketing analysis? - By providing insights into the new
home sales
What does a census of business primarily focus on in marketing analysis? - Collecting comprehensive
data on where businesses are located.
What is the primary objective of conducting a market survey? - Identifying and understanding customer
preferences and needs
How does disposable income contribute to marketing analysis? - It reflects the amount of money
available for spending after taxes
What is the primary purpose of market analysis? - To identify and evaluate market opportunities
What role does market analysis play in business strategy? - It guides decision-making based on market
trends
What do population trends focus on in marketing analysis? - Changes in the number and characteristics
of people in a certain area
What is the primary focus of the financial plan component in a business plan? - Outlining the company's
funding needs and how the debts will be paid.
The study that is used by a business to determine where the potential customers are located is referred
to as: - Market Survey
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