Unit 5 - Discussion Board .docx - Discussion Board...

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Discussion BoardDiscussion Board >Unit 5 - Discussion Board >Unit 5 - Discussion BoardView:Thread|LinearUnit 5 - Discussion BoardCreate New PostSHOW ASSIGNMENT DETAILSCollapse:All ContentExpand Content For:All: 21Unread: 8Flagged: 0Substantive: 0-Re:Unit 5 - Discussion Board0LikesCaglar Singletary (10)May 21, 2018 11:23 PMAssignment ObjectivesDiscuss the role of systematic data-gathering and analysis in creating selling choices.Describe however technology is employed to assemble, analyze, and organize researchinformation.Apply vital thinking skills to convert research outcomes into unjust data to assist in decision-making processes.Originality Verification Report(0%)View DetailsReply|Quote & Reply-Re:Unit 5 - Discussion Board0LikesCaglar Singletary (10)May 21, 2018 11:24 PM1Running head: SCHOOLHarmonyCAGLAR SINGLETARYCOLORADO TECHNICAL UNIVERSITYReply|Quote & Reply-Re:Unit 5 - Discussion Board0LikesCaglar Singletary (10)May 21, 2018 11:25 PMI am studying my class's textbook.Reply|Quote & Reply-Re:Unit 5 - Discussion Board0LikesCaglar Singletary (10)May 21, 2018 11:41 PMThe DiVito family asked you to research whether the trend of making something yourself athome has negatively affected sales in the bakery.You have performed research on this topic.For this discussion board, review and reflect on the research you conducted in phase one. Whatwould you share with the DiVitos about this baking trend?
Hello, Everybody because I apologize for posting at such an early time ,but am studying all theClassroom Homework Material.The DiVito family has requested research into whether or not the trend of home baking has hada negative impact on the bakery’s sales.In researching this topic, I took a look at the bakery industry as a whole to see if there has beena decline in employment.I searched for influences that might get people into their kitchen and out of the bakeries such as,baking competitions and instructional cooking shows.It was also necessary to find information about the availability of supplies people would need ifthey chose to bake at home. To better inform the DiVito family, we need to gather primary andsecondary data.Systematic data-gathering and analysis play an essential role in helping make marketingdecisions because it gives insights into how to identify and solve problems.Secondary data analysis will provide a clear direction for what type of primary data needs to becollected through surveys, questionnaires, interviews, observations, focus groups, case studies,and experiments. (Galib, 2018).Market research is designed to gather information about a particular industry such as fast food,automobile, children’s clothing, or the bakery industry.This type of research analyzes industry-specific economic trends, competition, the location ofpotential customers, the size of the market, pricing, market saturation, and demand. (SBA, n.d.).

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Term
Summer
Professor
DAWNVALENTINE
Tags
Marketing, Customers, Discussion Board0LikesCaglar Singletary

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