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MRTS1342 - Launching a Business Questions & 100% Correct Answers- Latest Test | Graded A+ | Passed

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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 f...

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2024 /2025 | © copyright | This work may not be copied for profit gain | Excel!



MRTS1342 - Launching a Business Questions
& 100% Correct Answers- Latest Test |
Graded A+ | Passed
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?



1|Page | Grade A+| 2024/2025

, 2024 /2025 | © copyright | This work may not be copied for profit gain | Excel!

✓ -:- 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




What does market demographics refer to in the context of marketing analysis?


✓ -:- The study of human populations with respect to their size, density, distribution,

composition, and income.




How does a chamber of commerce contribute to a community?


2|Page | Grade A+| 2024/2025

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