Match the following attributes of a city with the appropriate scale of measurements: Attribute Average temperature (°C) of a city (P) (Q) Name of a city (R) Population density of a city (S) Ranking of a city based on ease of Business Scale of Measurement (I) Interval (II) Ordinal (III) Nominal (IV) Ratio Which one of the following combinations is correct? A) (P)-(I), (Q)-(III), (R)-(IV), (S)-(II) B) (P)-(II), (Q)-(I), (R)-(IV), (S)-(III) c) (P)-(II), (Q)-(III), (R)-(IV), (S)-(I) D) (P)-(I), (Q)-(II), (R)-(III), (S)-(IV)
Q: In what type of market structure are the firms interdependent? 2. There are two firms in a market…
A: Ans. Introduction Oligopoly is the market structure in which the firms are interdependent. It is a…
Q: The world is always evolving, growing, and adapting to our every need and desire. The way we buy and…
A: There are many method to collect the audience's attention. Marketing is one of the most basic things…
Q: What is the Myers-Briggs Type Indicator (MBTI)?
A: The behaviour of consumers encompasses how the emotions of buyers, preferences and attitudes have an…
Q: A clothing company made $800 million worth of revenue on backpacks this year. The total market for…
A: Market share is the measure of what percentage of total customers has your firm covered from the…
Q: From Jetblue practices, identify the following questions: Analyze Jetblue integrated marketing…
A: 1) 1. Flying infants FlyBabies is a marketing initiative that focuses on creating an incentive…
Q: What is the purpose of a mission statement? Why are the most effective mission statements simple,…
A: The mission statement is described internally by the leaders of the firm as a means of expressing…
Q: Metropolis is currently served by four chain breakfast eateries that serve specialty croissants.…
A: All Commodity Value Percentage is known as ACV percent. This is a store's weighted average annual…
Q: critical observation on the basis of literature explaining why some of the institutions are on…
A: Every organisation is created to create value for the customers and shareholders. Customers receive…
Q: SWOT analysis of Marriott International Inc?
A: SWOT analysis is a reliable framework which enables an organization such as Mariott to set and…
Q: The technologies that power 4IR are applicable in various sectors of human activities, including…
A: Disclaimer: Since you have asked multiple question, so we will solve the first question for you. If…
Q: What is E marketing?
A: E-marketing, often known as electronic marketing, describes advertising done online. Internet…
Q: Design your incident report forms by focusing on essential questions to gather facts about the…
A: An incident report is a form to record all workplace illnesses, injuries, near misses, and…
Q: Seatwork #7 - PRODUCT-MIX PRICING STRATEGIES Provide an example (or attach picture/s as example) for…
A: Product-mix pricing - The strategy used by companies to determine the prices of their product mix…
Q: echnologies(VR, AR, Smart Speakers, Podcasting) or Social Media channels(Tik Tok, Instagram,…
A: Every company will create value for customer in terms of products and services to solve their…
Q: Sound Marketing Organization is the backbone of effective marketing management". explain the…
A: Marketing gives business a combination of activities which make its products available and…
Q: How a dancer or stage actor in the United Kingdom would have needed to adjust to their external…
A: A business can measure both the environments impacting it by using some of the other strategic…
Q: I want to create a survey on Online Shopping for my project. So, kindly frame 3 questions each for…
A: Online shopping refers to kind of shopping where products are purchased through online platforms…
Q: Write about the major branding strategies
A: Branding is a marketing strategy that enables customers to recognize the goods and services offered…
Q: 21. The stage of new product or service development that links the creation of new services or…
A: New product development is the process through which the company finds a problem in the target…
Q: Marketing management seeks to meet organizational objectives by effectively satisfying customers in…
A: Scholars say that " Marketing is all about creation & delivery of standard of living" Marketing…
Q: How does unique selling point concept help during product positioning?
A: Introduction of USP A unique selling proposition is another name for a unique selling point. It…
Q: How Costing will affect the hospitality industry
A: The hospitality industry comprises various sectors of operations which include travel & tourism,…
Q: What are the causes of waste advertising?
A: We refer to an advertising campaign as being wasted when its goals are not met. The main goals of…
Q: Write down about different concepts of marketing?
A: Introduction The marketing concept is a way of life in which a business uses all of its resources to…
Q: The School of Management and Accountancy is planning to begin an online MSA (Master of Science in…
A: Information provided in the question: Initial Start-Up Costs 350000 Tuition Charges by…
Q: “Kellogg's” and “General Mills” are two of the dominant breakfast cereal manufactures in the world.…
A: Setting an advertising budget refers to maintaining or formulating a budget for the advertising…
Q: lemon-lime soft drink, one of two possible strategies could be pursued: PepsiCo could trigger a…
A: Every company creates value for the shareholders in terms of growing profits. Therefore the company…
Q: social media marketing trifecta?elaborate with exampl
A: The Digital Marketing Trifecta idea focuses on three kinds of web media: charged, bought, as well as…
Q: identify and discuss ten worldwide organisations for computer and information science and technology
A: The Description of ten organizations is provided in the next step.
Q: How might franchising evolve in the future?
A: Businesses are started by individuals to earn income by involving in buying and selling of products…
Q: What are GasBuddy’s chances of evolving from a mobile app-centered company to a successful…
A: The platform business model is now the greatest option for GasBuddy since it distributes the burden…
Q: Is the above statement true or false? explanations, quote and prove 1/ WTO members are not allowed…
A: Ans. Introduction WTO stands for World Trade Organization which regulates and facilitates…
Q: identify metrics for paid-per-click advertising.
A: Introduction: Pay per click is abbreviated as PPC This one of the advertising model that drives…
Q: What is the market?
A: A market is a gathering place for consumers and sellers where they can exchange goods and services.…
Q: The GDP is 2.05 trillion. The rate of the inflation is 2.5%. If the population of Brazil is…
A: The term "Gross Domestic Product," or GDP, refers to the total monetary worth of all finished goods…
Q: FILL IN THE BLANKS. Write the CAPITAL letter of the correct answers on the blanks provided in the…
A: Disclaimer: Since you have posted a question with multiple sub-parts, so we will solve first three…
Q: Compare and contrast the production, product, selling, and marketing concept. Provide an example of…
A: Marketing is that wing of the forest which when started which involves the development of any…
Q: With the food service establishments that you have dined at before, reflect on the strategies they…
A: Business will always try to strategies its activities towards the success. Strategy simply means set…
Q: how would be used in Facebook concept of data driven marketing
A: Making use of pertinent data to develop effective marketing strategies is known as data-driven…
Q: How can we as individuals ensure we are getting the best information about current events? How can…
A: Following tips/suggestions should be followed by the individuals to ensure that they are getting the…
Q: PTS is interested in exploring the impact effective supply chain management would have. Suppose that…
A: Sales revenue can be referred to as the income that is earned from selling goods or services to…
Q: Descriptive Profile of the Pricing Policies & Practices of Selected Industry: 1. New Products…
A: A pricing policy denotes a company's approach to determining the price at which a good or service is…
Q: In general, as the order size increases Select one: both ordering and carrying costs decrease. O b.…
A: Ordering cost can be referred to as product the fixed cost that is independent of the number of…
Q: Examine how a company might function without the use of IT/IS.
A: In today’s era, businesses greatly depend on Information technology or Information system. The use…
Q: As a manager, How do you ensure that changes you make to food costs will not only help the…
A: All customers have preconceived expectations about the restaurant before visiting the outlet. The…
Q: INSTRUCTION: Give one example of a social entrepreneur, describe his/her business, and then explain…
A: Ans. Introduction Social entrepreneurship is starting of a company with the purpose to fulfil…
Q: why “job costing” techniques are useful in decision making?
A: Many small business owners would much rather be working in their own company and getting their hands…
Q: international competition, while still being responsive to local South African market demands. One…
A: Global Business is always influenced by number of environmental forces which can be micro or macro…
Q: Discuss the major factors influencing pricing decisions in air transport.
A: There are several factors which influence or impact the price decisions of air transport.…
Q: Analyze Jetblue marketing strategy; identifying different level of segmentation, targeting strategy…
A: 1. Flying babies - FlyBabies is a marketing initiative from JetBlue that focuses on creating a…
Step by step
Solved in 2 steps
- Under what conditions might a firm use multiple forecasting methods?Which one of the following lists contains one measure of central location and one measure of dispersion? A. Range and Standard deviation B. Mean and Mode C.median and average D. Mode and RangeWhich of the measure(s) of central location can be used for both numerical and categorical variables? Choose from: mean, median, mode, and trimmed mean.
- 3. Answer the followings. a. Myanmar CP Live Stock Company Limited Shipped Sausage boxes around Myanmar. A manager wants to forecast shipments for the first four months of the next two years by using Linear equation method. The monthly forecast equation being used is: y= 402 + 3x and determine trend amounts for the first four months of the next two year: January, x=24, February, x=25; etc. b. A farm implements dealer is seeking a fourth warehouse location to complement three existing warehouses. There are three potential locations, N.C; Atlanta, Ga.; and Columbia, S.C. Charlotte would involve a fixed cost of $4,000 per month and a variable cost of $4 per unit. Atlanta would involve a fixed cost of $3,500 per month and a variable cost of $5 per unit; and Columbia would involve a fixed cost of $5,000 per month and a variable cost of $6 per unit. Use of the Charlotte location would increase system transportation costs by $19,000 per month. Atlanta by $22,000 per month, and Columbia by…Alvin Cheah is a marketing analyst for Rockstar Travel Company. He wants to analyze the trend ofinternational tourist arrival in Tawau by using international tourist arrival rate and flight delayed rate overthe past 10 years as given in Table 2 below: (Hint: Provides your answers in two decimal points) (i) Propose ONE (1) forecasting model that can be used by Alvin. Why would you proposed that particular model?(ii) Develop the forecasting model that you suggest in (i). Briefly explain your model.DETERMINE I) the median seasonal index of spring: II)the total median seasonal index: III) the adjustment factor:
- Fit a linear trend curve by the least-squares method to the following data and determine trend values and then estimate levels of production in 2010 and 2025. Year 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 Production (M Tons) 12 16 20 24 26 30 34 40 44 48 55Sales of Volkswagen's popular Beetle have grown steadily at auto dealerships in Nevada during the past 5 years (see table below). Year Sales 1 450 2 510 516 4 570 575 a) Forecasted sales for year 6 using the trend projection (linear regression) method are 617.2 sales (round your response to one decimal place). b) The MAD for a linear regression forecast is sales (round your response to one decimal place).Lenovo uses the ZX-81 chip in some of its laptop computers. The prices for the chip during the past 12 months were as follows: a) Use a 2-month moving average on all the data and plot the averages and the prices.b) Use a 3-month moving average a nd add the 3-month plot to the graph created in part (a).c) Which is better (using the mean absolute deviation): the 2-month average or the 3-month average?d) Compute the forecasts for each month using exponential smoothing, with an initial forecast for January of $1.80. Use a = .I, then a = .3, and finally a = .5. Using MAD, whicha is the best?
- Alvin Cheah is a marketing analyst for Rockstar Travel Company. He wants to analyze the trend of international tourist arrival in Tawau by using international tourist arrival rate and flight delayed rate over the past 10 years as given in Table 2 below: (Hint: Provides your answers in two decimal points) (i) Propose ONE (1) forecasting model that can be used by Alvin. Why would you proposed that particular model? (ii) Develop the forecasting model that you suggest in (i). Briefly explain your model.ABC Bank is thinking of opening a new branch in a certain city besides its existing branches due tocustomers’ complaints of long waiting lines and distant of existing branches from them. As an expertin field of banking operations, you were asked to put the criteria of choosing the new location a- If you were asked to choose a mechanism for forecasting the number of transactions per day, what would be the methodology that you will use to decide such forecasting method and what do you think this method may be?K The Carbondale Hospital is considering the purchase of a new ambulance. The decision will rest partly on the anticipated mileage to be driven next year. The miles driven during the past 5 years are as follows: Year Mileage 1 3,050 2 3,950 a) Using a 2-year moving average, the forecast for year 6 = number). 3 3,400 4 3,750 5 3,750 miles (round your response to the nearest whole ec