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You will learn how to conduct market research, forecast potential sales opportunities, and develop a marketing plan. In turn, the marketing plan will outline the actions that must be carried out in order to persuade consumers to purchase the products and services you offer. This plan can be part of the business plan or a stand alone document. Read this chapter. Reading this chapter may take you about three hours, so do not feel like you need to finish it all in one sitting!Take note of the four main uses of secondary data under Key Takeaways as a way to differentiate primary and secondary research. This chapter will introduce you to the marketing research process. This chapter may take you a number of hours to read, so do not feel like you have to finish it all in one sitting!Marketers must be aware of the business cycle, and react appropriately according to which stage of the cycle the economy was in. By the end of this reading, you will be able to illustrate how fluctuations in the economy influence consumers' willingness to and ability to buy products and services and list the four stages of the business cycle. The CPI and CCI are measures of the strength of the economy, and perceptions of businesses and individuals toward the economic future. By the end of this reading you will be able to illustrate the relationship between consumer and purchasing power, pricing, and the economy. You will be able to distinguish between a consumer price index CPI and consumer confidence index CCI.
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b To have the time and means to prepare for ones defense. c To be listened to at the right time and with equal conditions. d Procedures shall be public except for those exceptions provided for by law. The parties shall be able to gain access to all documents and steps of the proceedings. e No one can be questioned, not even for purposes of inquiry, by the Office of the Attorney General, by a police force authority or any other authority, without the presence of a private attorney or a court appointed defense attorney, or outside the premises authorized for this purpose. f To be helped free of charge by a translator or interpreter if the person does not understand or speak the language in which the proceedings are being conducted. g In court procedures, to be helped by an attorney of the persons choice or by a court appointed defense attorney; access to or free and confidential communication with the persons defense attorney cannot be restricted. h To submit verbally or in writing the reasons or arguments of those who are being assisted and to respond to the arguments of the other parties; to submit evidence and challenge the evidence that is submitted against them. i No one can be judged more than once for the same case and offense. For this purpose, the cases ruled by the indigenous legal system must also be taken into account. j Those who act as witnesses or experts shall be required to appear before the judge or authority and to answer the respective questions.
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