This plays an important role in determining when to release a new phone or film and the best times to keep the business open for maximum foot traffic as related to the economic utility of time.
(1 point)
Responses
political events
political events
seasonal changes
seasonal changes
employee input
employee input
market research
3 answers
Correct! Market research is an important factor in determining when to release a new phone or film and the best times to keep the business open for maximum foot traffic. It helps businesses understand consumer preferences, market trends, and demand patterns, which are crucial in making strategic decisions related to the economic utility of time.
No matter which markets they serve, all private enterprises have one goal—to maximize what?
(1 point)
Responses
indicators
indicators
price
price
profits
profits
labor
labor
(1 point)
Responses
indicators
indicators
price
price
profits
profits
labor
labor
well?
1 answer