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Question
79.surveys and interviews are forms of ____.80.data collected by others is called __.81.a __ analysis identifies strengths and weaknesses.82.a positive external factor is an __.83.a negative external factor is a __.84.rent is an example of a __.85.ingredients are an example of a __.86.__ refers to products available for sale.87.a __ explains why customers should choose you.88.a __ sets you apart from competitors.89.a repeated pattern in customer behavior is a __.90.____ refers to money spent making a product.
These questions are related to Business (subfields like Management, Marketing, or Business Concepts in general) as they involve business - related terms such as data collection methods in business research, business analysis, factors affecting business, costs, products, and customer behavior in a business context.
Q79
Surveys and interviews are primary data collection methods, so they are forms of "primary research".
Q80
Data collected by others is known as "secondary data".
Q81
A "SWOT" analysis (Strengths, Weaknesses, Opportunities, Threats) identifies strengths and weaknesses (along with opportunities and threats).
Q82
A positive external factor in a business context (like in SWOT analysis) is an "opportunity".
Q83
A negative external factor (in SWOT analysis) is a "threat".
Q84
Rent is a fixed cost as it does not change with the level of production or sales in the short - term, so it is an example of a "fixed cost".
Q85
Ingredients are used up in the production process and their cost varies with the level of production, so they are an example of a "variable cost".
Q86
"Inventory" refers to products available for sale.
Q87
A "value proposition" explains why customers should choose a particular business or its product/service.
Q88
A "competitive advantage" sets a business apart from its competitors.
Q89
A repeated pattern in customer behavior is a "customer trend" or "customer pattern" (more specifically, a "customer behavior pattern" or in some contexts, a "trend" or "pattern" in customer behavior; also, "customer behavior pattern" or "consumer behavior pattern" can be used, and in marketing terms, it can be a "customer trend" or "pattern").
Q90
"Cost of production" (or "Production cost") refers to money spent making a product.
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- primary research
- secondary data
- SWOT
- opportunity
- threat
- fixed cost
- variable cost
- Inventory
- value proposition
- competitive advantage
- customer behavior pattern (or trend)
- Cost of production (or Production cost)