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You are a manager for a local service organization.Recently,you approached your boss and asked for approval to conduct marketing research.Before deciding whether to approve the study,your boss asked you how you could or would use the information collected through the research.What are the different ways that you,as a service manager,can use the information collected through research? Since project funding depends on your answer,answer as thoroughly as you can.
Cow Feed
Food provided to cows, including grass, grains, and other dietary supplements, to maintain their health and productivity.
Price of Hay
The cost at which hay is sold or bought, often influenced by factors such as quality, availability, and demand.
Club Membership
Club membership describes an individual's subscription or affiliation with a private group that offers access to exclusive resources or activities.
Price of Y
The market value or cost assigned to good Y, influenced by factors like supply, demand, and market conditions.
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