GI Design Is a Small Studio That Designs and Builds

question 270

Multiple Choice

GI Design is a small studio that designs and builds items such as fountains and tabletops made from copper. To increase sales, Greg, the owner, developed a research plan to determine what landscape architects and interior designers wanted in copper furnishings and appropriate pricing. He had begun to interview representative designers. Greg was engaged in ________, the third step of the five-step marketing research approach.

• A) developing the research plan
• B) solving the problem
• C) developing findings and recommendations
• D) collecting relevant information
• E) taking marketing actions

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Definitions:

Long-Run Adjustment

A process businesses undergo to alter their level of output in response to economic changes, ensuring long-term economic efficiency and resource allocation.

Assembly-Line

A manufacturing process in which parts are added to a product in a sequential manner to create a finished product more efficiently.

Redesigned Facility

A facility or plant that has been modified or rebuilt to improve efficiency, functionality, or to meet new standards.

Production Workers

Employees involved directly in the manufacturing process, contributing to the creation of goods.