Focus groups and reference books are useful tools for conducting market research. They can provide insights into customer behaviors and preferences as well as valuable market data. However, cost-benefit analysis and budget spreadsheets are not direct tools for market research.
Explanation:Among the options provided, A. Focus groups and D. Reference books are useful for conducting market research. A focus group is a type of qualitative research where a group of people are asked about their perceptions, opinions, beliefs, and attitudes towards a product, service, concept, or idea. It can yield valuable insights into customer behaviors and preferences. Reference books, such as industry reports or market analyses, can provide valuable data about a market, including competitive analysis, market trends, and industry statistics.
Meanwhile, B. Cost-benefit analysis and C. Budget spreadsheets, although very important in business decision-making, are not direct tools for market research. They are often used to evaluate the financial feasibility of new projects or strategies once market research has provided a sense of the market conditions.
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Which of the following best explains the purpose of a strike? A. To pressure employers to increase the minimum wage. B. To make sure that producers don't make any profit. C. To get employers to submit to collective bargaining. D. To prevent employers from taking industrial action.
The best explanation for the purpose of strike is to get employers to submit to collective bargaining which is option C.
Which of the following best explains the purpose of a strike?C. To get employers to submit to collective bargaining.
The primary purpose of a strike is to exert pressure on employers to come to the negotiating table and engage in collective bargaining with the workers or their representatives. By withholding their labor, workers aim to demonstrate their collective strength and demand better wages, working conditions, benefits, or other improvements in their employment terms. Strikes are a fundamental tool used by workers to assert their rights and have their voices heard in the workplace. Options A, B, and D do not accurately reflect the main objective of a strike.
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What creates the externality of sweatshops?