A quick analysis between win percentage and team revenue for the New York Yankees finds the marginal revenue product to be 3500. What does this mean?
Q: Suppose you are faced with the following problems as a sales manager Salespeople are not spending a...
A: Before we move on to the explanation, let us first know the definition of compensation plan, Definit...
Q: Instruction: Base from your Opportunity Spotting and Assessment, seize the opportunity through creat...
A: Product. I choose my product as a Choclate. Let's name our brand as Hairy choclate. a) Level1. The C...
Q: For this professional assignment consider the four (4) stages of the product life cycle (introductor...
A: I selected Samsung company.In this I m going to tell about the Samsung company product life cycle.I ...
Q: How does fast fashion and sustainability affect the consumer behaviour theory ?
A: Fashion brands have a potential, if not a responsibility, to inspire, motivate, and encourage consum...
Q: The grievance process/procedure is the vehicle for administering the contract on a _____basis a. Day...
A: Ans. At the point when an employee feels that they've been violated - be it an unjustifiable check, ...
Q: COMMERCIAL & BUSINESS AWARENESS: What are the problems facing our industry at this time?
A: The commercial and business awareness in the role of the candidates and the employee who apply for ...
Q: Formulate your own definition of research. 2. Of the many purposes of research, which among them wi...
A: Ans. 1) Research is characterized as cautious thought of study with respect to a specific concern or...
Q: You are a product manager for the EPA and you are concerned about the risks posed by Bug Bomb produc...
A: Introduction: As an EPA manager, I would rather seek modification, than using other two option. be...
Q: describe what type of business format that might want to engage in regardless of the possibility of...
A: The business or any organisation or partnership firm may have profits and loss in the particular bus...
Q: What are the objectives of. sales promotion?
A: Introduction : Sales Promotion is an effective tool of promotional mix. It is an important aspect of...
Q: How can Youtube's BLS be used to position itself relative to the five forces of competition in a way...
A: Competition is when two or more parties Want the same thing which is scares. Every company in the ma...
Q: We need to identify the Ben & Jerry's Organizational Development which could help a company that we ...
A: Ans. Ben & Jerry's Organizational Development How do they do business They work their business o...
Q: What do we mean by omni channels? Explain with examples.
A: The distribution channel is a marketing approach where the focus is on making goods and services rea...
Q: 1. Do you consider the ad to be unethical? Please state your reasons. 2. Explain the importance of e...
A: Due to the increasing competition, marketers do aggressive marketing in order to increase sales. Thi...
Q: 3)Art & Science of determining good or bad/ right or wrong moral behavior of a single or group of pe...
A: Marketing strategies need to be based on belief and values of the business. It means strategies must...
Q: Madison Company is a large manufacturer and distributor of cake supplies. It is based in Chicago (He...
A: All business have an objective of making expansion in markets outside domestic areas. It is because ...
Q: How do market forces influence media coverage?
A: The market structure also includes different competition levels among the firms and how they operate...
Q: Define the similarities and differences between socially driven businesses and economically driven b...
A: Ans. In an unrestricted economy, individuals participate in exchange simply because they need to. Ea...
Q: This video is produced by SOHO, a company that produces and sells CRM Systems. CRM's have become alm...
A: Customer Relationship Management or CRM consists of strategies, processes, and software that manages...
Q: eferences are strong among e-commerce’s most important demographic — Millennials. Nielsen’s data sho...
A: Businesses require customers and without them they cannot operate. Customers need keeps on changing ...
Q: Explain what are the pros of direct and digital marketing to buyer and sellers?
A: Direct marketing is a marketing strategy in which information about a product, service, brand, or or...
Q: Assume that you are the marketing director, prepare a report to outline the key success factors of t...
A: As a marketing director it is very important to strategise the key factors and objectives and take ...
Q: What is active listening, and how can it help in collaboration?
A: Collaboration speeds things up. It fast-tracks progress. An individual may take a longer time to rea...
Q: Discuss the market segmentation for consumer market?
A: It is the process of examining potential purchasers of a brand's products and services who have comp...
Q: Which of the following is a privacy issue? Group of answer choices What information does a person or...
A: All customers should be given access to the privacy policy of the company and they should be encoura...
Q: Messages are implicit and often highly coded in: O Low-context societies O Moderate-context societie...
A: High-context societies are often social and collectivist, with a strong emphasis on interpersonal in...
Q: How has other insurance (competition) hurt the Blue Cross Blue Shield market share
A: Ans. Blue Cross Blue Shield Association (BCBSA) is a fellowship concerning 35 detach United States f...
Q: Prepare a life-cycle analysis for any consumer goods (in a flow chart). Attempt to identify as many ...
A: Nowadays, scientists, designers, and engineers have helped build the life cycle community into a thr...
Q: why the International Marketer is interested in the data reported in the Balance of Payments (BoP):
A: According to my analysis, all the given statements are right. So, option f is the correct option. Op...
Q: In class we discussed the "Assumption of Risk' doctrine. It can be argued that this doctrine promote...
A: Ans. Envision that you are employed as a shark controller. An aspect of your responsibilities includ...
Q: Question 9 A marketer makes a place decision by selecting channels of distribution. What does this m...
A: Decision of place are linked with channels of distribution. Channels of distribution act as a means ...
Q: The principle economic basis for international trade is difference in price of goods or services. ...
A: The international trade agreements: In the earlier days, there were strict rules followed for intern...
Q: 6
A: The given question can be solved using the trigger strategy. A trigger strategy is a strategy used i...
Q: do e-marketers create customer value online? Explain with the help of an example of an existing e-ma...
A: Marketing can be done through various channels like outdoor, in-store, online, etc. Online marketing...
Q: you are required to do: 2- Help Layla to implement the Differentiation Strategy. Help her to differe...
A: Before we move on to giving a logical solution to Layla on her flower shop business let us first kno...
Q: Explain the key areas of self-awareness. For each key area of self-awareness, provide a real-life ex...
A: Self awareness - Self awarnes means development in ourself by our own.self awareness bring improveme...
Q: Choose the most accurate definition of the "Free Trade Agreement." Question 20 options: a) T...
A: The correct option is option a) The "Free Trade Agreement" is an agreement between two or more count...
Q: Compare and contrast the choice-based and the preference-based approaches to consumer choice behavio...
A: Definition: Choice-Based Preference Based Choice based approach towards consumer behavior is...
Q: Discuss the importance of entrepreneur activity to the development of the standard of living of the ...
A: Business alludes to the “pursuit of opportunity past assets controlled.” Entrepreneurship has gotten...
Q: What are the 6 BEST VIDEO AND PHOTO SHOPS FOR WEDDINGS?
A: The video and photo shops for wedding or any purpose are very much of a thing in the modern world, a...
Q: what are the main points about sports marketing? How is sports marketing viewed and its place in the...
A: Ans. Sports advertising and marketing refers after advertising stuff yet applications through the us...
Q: Impact of COVID-19 pandemic on the ability of the mode of transportation to fulfil its role in the ...
A: Because of flight limitations as well as a decline in sales amongst travelers, the COVID-19 epidemic...
Q: International Trade Theory seeks to answer two basic questions. Choose the best answer. Question...
A: The international trade agreements: In the earlier days, there were strict rules followed for intern...
Q: Setting up a farmer's market in Delhi ,
A: Building a business takes lots of efforts, time and mental energy. People create business for cateri...
Q: nternational Trade Theory seeks to answer two basic questions. Choose the best answer. Question ...
A: Ans. International trade theories are sincerely one-of-a-kind theories in conformity with give an ex...
Q: What are the various causes of conflict in the channel? Can channel conflict be avoided altogether? ...
A: Any dispute, disagreement, or other similar issues that may arise between two or more channel partne...
Q: Define availability. What strategies can be used to improve it? Give examples
A: The level of product availability is an optimal level of availability to be maintained for sales. It...
Q: imagine you are opening a shoe manufacturing company in south africa and one in nigeria for memory f...
A: Every company should assess the market and its own strengths and weaknesses before entering any new ...
Q: (a) A firm wanted to test the effectiveness of its advertisement on sales. It selected a set of citi...
A: (i) We'll utilise the randomised block design in this scenario (RBD).
Q: In more than 10 sentences, what is marketing and what is its primary goal?
A: Ans. Marketing Definition:Process by which organizations make an incentive for clients and assemble ...
A quick analysis between win percentage and team revenue for the New York Yankees finds the marginal revenue product to be 3500. What does this mean?
The marginal revenue product (MRP) is the revenue generated when one unit of resource is added.
The MRP helps to calculate the optimal level of a resource by assuming that expenditures on other parameters remain constant.
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. What should Sharon do in this situation?Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. What does the Institute of Supply Management code of ethics say about financial conflicts of interest?What is the definition of 'Balanced scorecard?'
- What is a balanced scorecard? What is its primary objective?Sales for the last quarter of the year were good, with tops sales at 3,400 units and pants sales at 3,200 units. Demand for the first quarter sales of next year is expected to decline by 8%. What is your forecast for the demand of tops and pants? Tops Sales Forecast: 0 ▲ ▼ Pants Sales Forecast: 0 ▲ ▼ Is there anything you could do to help minimize the effect of the projected decline in demand on sales?b. Based on this extrapolation, when would Amazon be predicted to equal Walmart in revenue?c. Why has Amazon been growing faster than Walmart? Is the slow growth of Walmart related to the rapid growth of Amazon?
- b. Based on this extrapolation, when would Amazon be predicted to equal Walmart in revenue? c. Why has Amazon been growing faster than Walmart? Is the slow growth of Walmart related to the rapid growth of Amazon?DLSU 40,000 (COB 5,000; CCS 15%; CLA 20%; COL 5% and others) Average price per computer device Php25,000Average price per Apple device Php30,000 In DLSU, students from COB, COL, and CLA purchased at least one (1) computer device in December 2020. What is the market penetration of computer device in the individual colleges? Given that students replace their computer devices once every 2 years on average, what is the projected market size (units/revenues) for computer devices for these colleges until the end of 2025? What is the concentration of sales/revenue of computer devices among the colleges (CDI)?1. Decision Rules. A company is choosing a motorized mechanism for a new toy, a dancing ballerina (TippiToes) that is currently under development. Demand is uncertain. but the company is confident that demand will be: Light (25,000 units), Moderate (100,000 units) or Heavy (150,000) units. The payoff table for each mechanism (in $) is given below. Action: Choice of Mechanism Event Gears and Levers Spring Weights and Pulleys Pneumatic Light 25,000 -10,000 -125,000 -300,000 Moderate 400,000 440,000 400,000 300,000 Heavy 650,000 740,000 750,000 700,000 Questions: (1) Apply Maximax, Maximin, Minimax Regret, and EMV rules (assuming that the probability of Light demand is 0.1, Moderate demand is 0.7, and Heavy demand is 0.2) to decide what mechanism should the company choose? (2) What is the expected value of perfect information? (3) Draw a decision tree to solve this problem.
- How do you lllustrate Kibbles and Bit’s forecasted revenue and expenses for the next 3 years?Rubatex Corporation manufactures rubber and foam for a variety of products, including artificial turf housing and insulation, hockey helmet liners, scuba diving suits, sports sandals and mouse pads. The company was purchased by an investment firm called American industrial partners (AIP) that has so far earned only a 1 percent return on its investment. Obviously the company is having problems. Its sales are up but earnings are down. In the first three months after acquisition, the company lost $2 million on $68 million in sales. Understandably, AIP wants to know why and is demanding aggressive action. Employees at the Bedford, Virginia, plant say they know something’s wrong. The plant is hot and dirty and crumbling, and they are working harder to produce items of poorer quality. Fewer than 7 of 10 orders are shipped on time, and 2% of sales are returned as defective. Built in 1924, the plant sprawls over 14 buildings, with only the offices and lunchroom air-conditioned. Equipment is…Estimate the number of sales personnel needed for an XYZ company having a forecast for FY 21 as ₹6,00,00,000. According to XYZ company’s past records, the average revenue generated per sales personnel is ₹10,00,000. The estimated % of annual salesforce turnover is 1.6%. 61 55 45 49