Give one (1) real life application of Correlation then explain Why.

Q: Shaadi.com has been wondering how it can bring back customers to its website. This is especially…

A: The marketing strategies enable the business to utilise its resources in such a manner that would…

Q: What are 3 ways to add receipts to QuickBooks Online using the Receipt Capture feature?(Select all…

A: QuickBooks is an accounting software set produced and marketed by Intuit. QuickBooks products are…

Q: What type of report along with the specific contents of the report should the Accounts department…

A: Reports refers to arrangement of data in systematic manager in order to drive at an outcome.

Q: briefly explain how a researcher can benefit from using scatterplots what's cross-tabulation? what…

A: Briefly explain how a researcher can benefit from using scatterplots: A scatter diagram is likewise…

Q: Can customer expectations be 'Unrealistic'? How can a Service Marketer deal with Unrealistic…

A: ANSWER: YES, all business wants to provide proper service to customer but sometimes customers  have…

Q: Mobile commmerce is a. sale of Mobile devices b. Use of social media on Mobile Phone c. conducting…

A: Mobile commerce often called m-commerce is nothing but the process of involving wireless handled…

Q: ill bought a sweater online and then commented after she wore it: “Great sweater, but runs small.”…

A: Marketing Research can be explained as a research process which is specifically focused ok…

Q: AD Link https://www.youtube.com/watch?v=J-WcRAnEokk&feature=youtu.be 1. See the above ads and…

A: The brand advertisement focuses on building long-term relationships with the customers. It tries to…

Q: Which of the following areas are affected by BI?   a. All of the above b. Customer relationship…

A: Business intelligence can be referred to as a techniques based on computers which are collected and…

Q: What is conclift of interest? Explain with a short example.

A: In an organization where the employees are working, such employees may have their own beliefs,…

Q: When The Bombay Company, a retailer of upscale furnishings, first opened its e-commerce site, it…

A: The marketing research process can refer to a six-step process that involves defining the problem…

Q: You have inherited a land parcel admeasuring 12,000 m² just opposite an ASI monument site, falling…

A: Land can be used in multiple ways depending on the features of the land and the surrounding areas.…

Q: What kind of secondary data and syndicated data would be helpful in addressing the issue of changing…

A: Secondary data: It means the data which was already present in the public sources like the internet,…

Q: ite an example of ideas are those that involve identifying a new market for an existing product or…

A: Market PenetrationIn a market penetration strategy, the firm purposes its products in the existing…

Q: Q: Explain how will you conduct User Research for Forest MIS and discuss implication of Ethnography…

A: Woodland assets data framework plans to give precise and complete data occasionally to help…

Q: List some of the operations and functions in a companythat are dependent on a forecast for product…

A: Demand forecasting is the practice of predicting the demand of an item in advance. It is achieved by…

Q: Company Name: Jollibee Foods Corporation Highlights of your dashboard includes brief information of…

A: Jollibee is one of the largest food chain businesses in the nation Philippines and operates around…

Q: Measure not affected by market surrogate is a. Sharpe's Ratio b. Treynor's Ratio c. Jensen's Alpha…

A: Explanation:- The Sharpe ratio was created by Noble Prize William Cleaver and is used to help the…

Q: The Vice President of sales of International production company is wondering how the recently…

A: Business problems are current or long term challenges faced by the business. These problems prevent…

Q: Suggest any two or more possible market segmentation techniques with justifications that TWL can use…

A: Any  two or more possible market segmentation techniques with justifications that TWL can use in…

Q: If your company made a luxury product for a “wealthy younger mostly w/kids” segment, 1) what type of…

A: Since the segment is wealthy, price/money is not an issue for them. They will readily pay for a…

Q: xclusive Footwear Ltd experiencing profit declining in recent times...   1. Discuss which type of…

A: There are various types of research approaches which a company can choose to determine the problems…

Q: Which types of application one can prefer to use Bagging and boosting  methods for predictive…

A: Let’s first understand the concept of what are meant by bagging and boosting methods and predictive…

Q: You are tasked to create a PESTEL analysis of your starting bakery shop located in SM Fairview…

A: PESTEL analysis a strategy framework used by companies to recognize, categorize and analyze the…

Q: How would you interpret the given output? (100 words) Variables Cronbach’s Alpha Discriminant…

A: Discriminant validity shows that whether concepts that are not supposed to correlate are related to…

Q: To attract non-customers, the author describes two patterns of market disruptive innovations a. What…

A: Disruptive innovation is defined as the innovation that brings changes in expensive and high end…

Q: Categorize the situation as primarily indicating 1 - an incentive to commit fraud 2 - an…

A: Absence of safety (eg, no PC against infection programming introduced, no reinforcements, utilizing…

Q: Explain what is a commercial database?

A: Commerce is very important for the world. As a result of increase in commercial activities, there…

Q: Bombay Gifts divides its markets into units of nations, regions, and cities. Bombay uses geographic…

A: Market Segmentation can be defined as the process or activity of dividing the entire customer market…

Q: The nvironment, in the second column, indicate the specific factor or component under which the term…

A: Due to strict adherence to the guidelines of Bartleby, while answering the question, we are allowed…

Q: First Flavor is a start-up company with a unique product. It manufactures great-tasting edible film…

A: Every company will create value for the customers when will try to innovate by using different…

Q: Using a logo and/or tag line -- in order to establish a presence in the consumer's mind and attract…

A: Marketers have been studying the behavior of consumers from different perspectives. The behavior of…

Q: . It is entirely impossible that an opportunity is out in the environment for the entrepreneurs to…

A: Enterprise is one of the factors of production. Other factors of production are land, labour and…

Q: Enlist and explain the different types of sales and revenue reports used within the hospitality…

A: Sale and revenue reports form the basis for any organization and these reports are used by every…

Q: What is involved in the conditions analysis phaseof market analysis in Figure 1–1?

A: Business surroundings refers to the external forces or factors that square measure dynamic in nature…

Q: . Each month, you generate a list of marketing leads  for direct  mail campaigns. Which of the…

A: Option A

Q: Which among the following is not a secondary source of data? a. Trade journals b. Information…

A: Secondary Data It refers to data gathered by someone other than the user, i.e. data that has already…

Q: Develop a swot matrix for Macdonalds in the attached format.

A: A SWOT analysis is a technique for evaluating four characteristics of an organization that is…

Q: First Flavor is a start-up company with a unique product. It manufactures great-tasting edible film…

A: Promotional services refer to the application of a creative promotional theme to enhance the…

Q: Jane Dawson is a new sales representative for the Charles Schwab brokerage firm. In searching for…

A: Personal selling or salesmanship is the subtle art of facilitating the selling process under the…

Q: A marketing manager wants to know if the sales of the company will increase if he increases the…

A: The research design refers to the approach which a researcher uses to conduct the market research.…

Q: How might having buyers from different racial and ethnic backgrounds have circumvented the marketing…

A: Racism condition is the belief that different groups of humans have different personality patterns…

Q: Which buying motive is illustrated in situations when a buyer goes to a store for window shopping as…

A: Recreation activities are related to entertainment and leisure and hence going to a store for window…

Q: Data provided by Wendy, who is taking part in a marketing research study, shows that she had cereal…

A: Participation in market research is essential part of research activities.

Forecasting

Forecasting is a methodology that uses historical data as inputs to make well-informed predictions about the course of future trends. Forecasting is the method of making forecasts based on historical and current data, most commonly by trend analysis. In the business world, forecasting is a basic statistical task. Forecasting is used by businesses to decide how to allocate their budgets or prepare for expected expenditures in the future. Forecasts help managers formulate and execute production plans by providing forecasts. The primary goal of forecasting is to make accurate predictions.