Which of the Following Conclusions, If Provided by the Market

question 17

Multiple Choice

Which of the following conclusions, if provided by the market research, would be a positive sign meaning the company should invest in the new market?

• A)Customer surveys indicate that current cars in the target market are all sedans and have a high cost-of-ownership.
• B)Customers are looking for more power in cars.
• C)Most drivers are predominantly in the age 25 to age 35 category, which is made up of people who prefer fast cars.
• D)Public transportation is very well connected, frequent, and dependable.
• E)Government is looking at imposing higher taxes on personal transport.

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Definitions:

Direct Costs

Expenses that are directly attributable to the production of goods or services, such as materials and labor.

IFB

An Invitation for Bid, a solicitation issued by organizations when they require contractors to bid on supplying goods or services.

Internal Proposals

internal proposals refer to suggestions or plans put forward within an organization, aimed at addressing internal issues or proposing new initiatives for improvement.

External Proposals

Proposals submitted from outside an organization, offering services, projects, or solutions to address the organization's needs or challenges.