Omar is responsible for marketing and marketing research for…

Omar is responsible for marketing and marketing research for a midsized manufacturer of assemblies for the housing market that is changing rapidly. His boss has asked him to cut back expenses, especially in marketing research: “Why can’t you just use information off the Internet? There’s plenty out there.” What is Omar’s best response to try to get his boss to change his mind?

Mary’s Bakery is trying to determine what price to charge fo…

Mary’s Bakery is trying to determine what price to charge for its cookies, so Mary places a low price on them and raises it each week, keeping track of how many she sells. Then she determines what her cost was for the cookies and determines which price was the most profitable. What form of research was Mary conducting?