Burger Town Introduced a New Hamburger and Released It in Two

question 47

Multiple Choice

Burger Town introduced a new hamburger and released it in two different cities at two different prices.Marketers of Burger Town then analyzed the sales records of their outlets at the two cities,determined the price that resulted in better profits,and used the information to set a nationwide price for their new offering.This is an example of ________.

• A) exploratory research
• B) survey research
• C) Netnography research
• D) experimental research
• E) descriptive research

Determine the maturity value of investments and loans, including term deposits and overdue invoices.

Understand and apply the concept of simple interest to various financial scenarios.

Calculate the interest rate, principal, and total amount due on loans and investments using simple interest.

Analyze financial decisions involving payment options, interest rates, and investment returns.

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Definitions:

Demographic Profiling

The process of gathering and analyzing data about the characteristics of a population or specific group for targeted marketing or analysis.

Tax Saving Plan

A financial strategy or investment designed to reduce the amount of taxes payable by an individual or organization.

Psychographic Profiling

A marketing technique that categorizes audiences based on their personality traits, interests, values, and lifestyles to better target advertising and communications.

Values And Beliefs

Principles or standards of behavior that are considered important by individuals or groups, and convictions held to be true.