Essentials of Business Communication (MindTap Course List)
11th Edition
ISBN: 9781337386494
Author: Mary Ellen Guffey, Dana Loewy
Publisher: Cengage Learning
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Chapter 10, Problem 10.11AAC
10.11
Summary Introduction
To determine: Best graphic forms to illustrate data
Introduction: Best graphic forms for to illustrate the relevant data
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Students have asked these similar questions
a. Based picture, create table showing the PS = RQ = RO.
b. Create each problem statement that focusing on product quality, product price and product promotion.
c. Give an issue on each problem statement.
which of the following statements is not true?
a. the purpose of forecasting is to generate good forecasting on average over time,
b. Forecasting for a shorter time period are usually more accurate than forecasting for a longer time horizon.
c. it is difficult to forecast accurately; indeed, it is impossible.
d. forecasting for groups of items are often less accurate than forecasting demand for single items
Ms. Aliya is scanning TV news and political discussions every day for writing her graduation project report. Which type of data is represented by the information she gets from TV news and political affair discussion in the TV programs?
A. Primary Data
B. Secondary Sources
C. Tertiary Sources
D. All of the Above
Chapter 10 Solutions
Essentials of Business Communication (MindTap Course List)
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- Indicate whether the data are time series or cross-sectional. Number of cars sold by each salesperson in a dealership in October Choose the correct answer below. About A. The data are cross-sectional because the data are measured over time. B. The data are cross-sectional because the data are taken from situations that vary over time but are measured at a single time instant. OC. The data are time series because the data are taken from situations that vary over time but are measured at a single time instant. D. The data are time series because the data are measured over time. Click to select your answer. Question Helparrow_forward11.12 Selecting Graphics (L.O. 5) YOUR TASK Identify the best graphics forms to illustrate the following data. a. Figure showing the tracking and fulfillment of an e-commerce order b. Annual restaurant industry sales figures for meatless hamburgers c. Government unemployment data by industry and sec- tor, in percentagesarrow_forwardThe finance managers’ function is to find out how much finances required to acquire fixed assets and forecast the amount needed to meet the working capital requirements in future is called __. a.Acquiring finance b.Managing funds c.All of these d.Forecasting finance 18.Which one of the financial intermediaries act as middlemen between depositors and lenders who are the users of funds? a.Finance companies b.Commercial bank c.Investment bank d.All of the optionsarrow_forward
- 40 ________ is a planning tool that relies on past data to predict the future demand: Select one: a. Forecasting b. Market analysis c. Supply planning d. Demand flow strategyarrow_forwardThe last-value forecasting method: a. is quick and easy to prepare. b. is easy for users to understand. c. ignores all values except one. d. All of the answers choices are correct. e. None of the answer choices is correct.arrow_forward16.6 which type of graph would you recommend to show each of the following? why? A. A comparison of changes in average annual per capita income for the United States and japan from 2000 to 20018. B. The percentage compositiion of average family expenditure patterns, by the major types of expenditures, for families whose heads are under age 35 compared with families whose heads are 55 or older. C. A comparaison of the changes in charitable giving between December 21, 2007 and December 31, 2017.arrow_forward
- A cosmetic manufacturer wants to understand why users shop online versus in store, and how they might take better advantage of the online channel; the manufacturer wants to make improvements to the company’s website. The manufacturer also wants to find out why Nordstrom.com (a competitor’s website) appeals to cosmetic consumers versus other websites. The cosmetic manufacturer also wants to find ways to improve consumers’ in-store experience. Further, the manufacturer wants to produce a three (3) month sales forecast based on the data produced from the research. Objectives: Why users shop online versus in store How to take advantage of the online channel How to improve the company’s website Why does Nordstrom.com (their competitor) appeal to cosmetic consumers versus other websites. Ways to improve consumers’ in-store experience Requireed: Produce fictitious findings, chart and dat analysis that relate back to the objectives.arrow_forwardWhich of the following analyses would be best to use to detect very large skimming schemes? a. Vertical analysis b. Diagonal analysis c. Ratio analysis d. Horizontal analysisarrow_forwardA cosmetic manufacturer wants to understand why users shop online versus in store, and how they might take better advantage of the online channel; the manufacturer wants to make improvements to the company’s website. The manufacturer also wants to find out why Nordstrom.com (a competitor’s website) appeals to cosmetic consumers versus other websites. The cosmetic manufacturer also wants to find ways to improve consumers’ in-store experience. Further, the manufacturer want to produce a three (3) month sales forecast based on the data produced from the research. Write a report about the marketing research process and your findings. Your report should include: Describe the research design. Use the qualitative method: Netnography. For each give the following details: Participants i. Numbers, gender, age, how selected. Justify each Interviews i. How many, the setting & process, length of time. Justify each ii. Questions/discussions held related to the 4 objectives Ethical…arrow_forward
- 3. The descriptive data are generally... data a. Spatially b. non-spatially c. spatial and non-spatialarrow_forwardis an important element of any business model. Select one: = of O a. Value proposition O b. Competitive analysis O C. Financial forecastingarrow_forwardWhat is the advantage of a dot plot over a histogram? Group of answer choices 1. Preserves the original data in the plot 2. Shows shape of the data in the plot 3. Shows spread of the data in the plot 4. Shows central location of the data 5. Shows priority of categoriesarrow_forward
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