The process of collecting and interpreting information about customers, competitors, and other related marketing issues is known as ________
A) social commerce
B) product development
C) market development
D) data mining
E) marketing research
Answer: E
Explanation: The process of gathering and analyzing market intelligence about customers, competitors, and related marketing issues through any combination of methods is known as marketing research.
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Which of the following statements about LLC's is true?
a. LLC's are one of the oldest forms of business organization. b. The profits of LLC's are taxed at the entity level. c. The profits and losses of LLC's pass through to the owners for tax purposes. d. Venture capital funds are the primary investors in LLC's.
A medium-term forecast is considered to cover what length of time?
A) 2-4 weeks B) 1 month to 1 year C) 2-4 years D) 5-10 years E) 20 years