UNDERSTAND BUS LL W/CONNECT ACCESS
13th Edition
ISBN: 9781266766237
Author: Nickels
Publisher: MCG
expand_more
expand_more
format_list_bulleted
Concept explainers
Question
Chapter 13, Problem 1CE
Summary Introduction
To discuss: The task performed, skills needed, pay, and opportunity outlook in the career.
Introduction: The researcher who studies the market conditions and examines the potential sales for a product or service is known as
Expert Solution & Answer
Answer to Problem 1CE
Marketing research analyst is the person who studies the market conditions and analyzes that what kind of products people want and at what price. The researcher must have completed bachelors and need to be good in mathematical and analytical skills. The annual wage rate will be $63,230 and opportunity to growth rate is 23% from the year 2016 to 2026.
Explanation of Solution
There are many companies who want to understand the customer’s need and what price they are willing to pay for that, for this purpose companies hire market research analysts who studies the prevailing and past market conditions and examines the potential sale of the product or a service.
There are various skills that are required for becoming a marketing research analyst; there must be at least a bachelor’s degree whereas for some higher positions researchers may require a master’s degree too. The person needs to be strong in mathematics and analytical skills.
The wage rate of a marketing research analyst in this career is:
- Hourly wage rate- $30.40.
- Annual wage rate- $63,230.
The opportunity outlook in the employment of market research analysts is projected to grow 23% from the year 2016 to 2026; this opportunity growth is much faster than the average for all the occupations. This will be due to an increase in use of data and market research in the industrial sector.
Want to see more full solutions like this?
Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!
Students have asked these similar questions
Crisis Management has become a norm or an expectation within organizations. Utilizing one of the theories below, explore the response that would occur based on the path goal theory.
What significant role context plays in social interactions
The losses for the pump in the previous question are estimated to be 15% of the relative dynamic head at inlet to the impeller and 45% of the dynamic head at inlet to the diffuser. Calculate the head delivered and the efficiency of the pump. Answers: 4.12m;75.4%
Chapter 13 Solutions
UNDERSTAND BUS LL W/CONNECT ACCESS
Ch. 13.1 - Prob. 13.1AQCh. 13.2 - Prob. 13.2AQCh. 13.2 - Prob. 13.2BQCh. 13.2 - Prob. 1TPCh. 13.2 - Prob. 2TPCh. 13.2 - Prob. 3TPCh. 13.3 - Prob. 13.3AQCh. 13.4 - Prob. 4TPCh. 13.4 - Prob. 5TPCh. 13.4 - Prob. 6TP
Ch. 13.5 - Bass pro Shops offers a vast arrays of products...Ch. 13.6 - Prob. 7TPCh. 13.6 - Prob. 8TPCh. 13.6 - Prob. 9TPCh. 13.6 - Prob. 10TPCh. 13 - Prob. 1CECh. 13 - Prob. 2CECh. 13 - Prob. 3CECh. 13 - Prob. 4CECh. 13 - Prob. 1CTCh. 13 - Prob. 2CTCh. 13 - Prob. 3CTCh. 13 - Prob. 4CTCh. 13 - Prob. 1DCSCh. 13 - Prob. 2DCSCh. 13 - Prob. 3DCSCh. 13 - Prob. 4DCSCh. 13 - Prob. 5DCSCh. 13 - Prob. 1PPTCh. 13 - Prob. 2PPTCh. 13 - Prob. 3PPTCh. 13 - Prob. 4PPTCh. 13 - Prob. 1VCCh. 13 - Prob. 2VCCh. 13 - Prob. 3VC
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, management and related others by exploring similar questions and additional content below.Similar questions
- Describe the difference between coaching and mentoring. Which would you work best in an organization experiencing systemic organizational change? Explain choice.arrow_forwardMany students are surprised to learn that employees may be fired for any reason not expressly prohibited by the law. As we have seen, the law requires employers to accommodate a fairly wide range of employee behaviors and conditions. However, there are still classes of employees and behaviors that are not protected by federal law, e.g., sexual orientation or political affiliation. Should the law be expanded to cover additional classes and behaviors? Why or why not?arrow_forwardSaturated moist air at 15 °C and standard atmos- pheric pressure undergoes a process which has a sensible-heat ratio of SHR 0.70. After the process, the dry-bulb temperature is 40 °C. By the psychrometric chart, determine the following at the end of the process: (a) humidity ratio, (b) dew-point temperature, (c) relative humidity, and (d) wet-bulb temperature.arrow_forward
- Draw a plant with esthetic: solar csp tower that powers brayton cycle, has a fish farm as cogeneration. and heat storage; label every component and show flow directionsarrow_forwardWe are all from different social, cultural, economic, and demographic backgrounds. This human resource course brought us together as one group. discuss your experience learning about your classmates and how it impacted your understanding of people from other backgrounds. Reflect on what you learned in this course, and describe how you envision using your knowledge for personal or professional succarrow_forwardhttps://web.p.ebscohost.com/bsi/pdfviewer/pdfviewer?vid=1&sid=893c3f08-cf0a-4524-bfec-e7d61e03aa2a%40redis Base on the link above i need help answering the following for week 2 How would I consider myself an engaged employee? would the questions make you think of anything that can be done your healthcare organization to increase employee engagement and performance? Would I add any questions to the list? How can managers in the health care industry utilize these questions?arrow_forward
- If a test were scored using a criterion-referenced approach, which of the following would most correctly explain a student's low score to the student's caregivers? In relation to the standards and learning objectives covered on this test, your child is not yet proficient. Compared to other children in this class and across the state, your child performed less than average. Your child did better on this test than the previous one.arrow_forwardDesign a normalized order management database with the requirements provided below. Each record should have at least one primary key field specified. After identifying the records and their corresponding fields, draw an entity-relationship (ER) diagram to illustrate the relationships between entities and attributes.arrow_forwardTRUE or FALSE: It is not worth the loss of instructional time to have students process and act upon their feedback; students generally don't care about the feedback, anyway.arrow_forward
- Which of the following grading practices are considered to be inaccurate, ineffective, and/or harmful for student learning? (Select ALL that apply.) Using the 100-point grading scale Grading everything a student completes (including homework and practice) to encourage compliance Giving or reducing points for behavioral work habits (e.g., being on time for class, participation, submitting assignments on time) Boosting a student's grade because they tried really hard, even though they haven't yet met the learning goals Not allowing a reassessment because the student should have learned it the first timearrow_forwardWhat is the single most important thing you are expected to do when administering a standardized test? Teach students test-taking skills and strategies. Follow the proctor directions exactly. Remind students to get a good rest and eat breakfast the day of the test.arrow_forwardWhich form of test score interpretation is most likely taking place in the following situation? Samantha is above average. criterion-referenced norm-referencedarrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
