Statistical analysis can help business managers to make better decisions as the risks are reduced to make choices based on factual results.
Posts published in “Year: 2023”
These four steps to manage cash flow will help you keep track of the money coming in and out of your growing company.
A business conducting research will produce vast amounts of market research results: information in a descriptive form and data in a numerical form.
Let’s take a test of your intercultural business knowledge. Never take anything for granted when you are doing business in a foreign country.
This article describes the most common non-probability sampling methods used for the primary market research purposes. There are three of them.
This article describes the most common probability sampling methods used for the primary market research purposes. There are six of them.
Understanding cross-cultural business communication is very important for a business manager. It has a lot to do with having Emotional Intelligence (EQ).
The reliability of the market research sample is often judged as inaccurate because of sampling errors causing the whole process to be put into question.
Sampling exists and is necessary because surveying the entire population is not only impractical, but also impossible. What is a sample?
Free trade blocks are groups of countries geographically close that have arranged to trade with each other without restrictions.
To make realistic and accurate sales forecasts, managers can use several quantitative methods of sales forecasting.
To make realistic and accurate sales forecasts, managers can use several qualitative methods of sales forecasting. Check them out in details!
In practice, businesses are likely to use a combination of sales forecasting methods. The choice depends on several factors.
The data suggested in the cultural analysis include information that helps the marketer make marketing planning decisions.
Marketing manager’s job is to make market research more-cost effective. Costs and benefits involve a complex balancing of factors.
Please follow the following tips for writing a survey / questionnaire. Start with naming your survey. Next, write a cover memo or introduction.