ARE 304 HW #6 FA 2023

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School

North Carolina State University *

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Course

304

Subject

Marketing

Date

Jan 9, 2024

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docx

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1

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Marketing Decision Tools for Agribusiness Chapter 8 ARE 304 Homework # 6 Due Friday October 7, 2023 1. What is meant by derived demand? Explain why the demand for Beef Cattle is a derived demand. (5 Points) 2. What are focus-group interviews? Can a small firm use this tool? Why or why not? What are some important limitations of the focus-group interview? (5 Points) 3. What are the benefits of preparing strengths and weaknesses analysis on competitors? (5 Points) 4. What is the purpose of a marketing audit? Why is it important to have outsiders involved in marketing audits? (5 Points)
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