Listed below are various factors that may have relationships that are interesting to marketing managers. With each

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Listed below are various factors that may have relationships that are interesting to marketing managers. With each one, (1) identify the type of relationship, (2) indicate its nature or direction, and (3) specify how knowledge of the relationship could help a marketing manager in designing marketing strategy.
a. Readership of certain sections of the Sunday newspaper and age of the reader for a sporting goods retail store
b. Ownership of a telephone answering machine and household income for a telemarketing service being used by a public television broadcasting station soliciting funds
c. Number of miles driven in company cars and need for services such as oil changes, tune-ups, or filter changes for a quick auto service chain attempting to market fleet discounts to companies
d. Plans to take a 5-or-more day vacation to Jamaica and the exchange rate of the Jamaican dollar to that of other countries for Sandals, an all-inclusive resort located in Montego Bay
e. Amount of do-it-yourself home repairs and declining state of the economy (e.g., a recession) for Ace Hardware stores Exchange Rate
The value of one currency for the purpose of conversion to another. Exchange Rate means on any day, for purposes of determining the Dollar Equivalent of any currency other than Dollars, the rate at which such currency may be exchanged into Dollars...
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Marketing Research

ISBN: 978-0133074673

7th edition

Authors: Alvin C. Burns, Ronald F. Bush

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