Chapter 10—Developing and Managing Products MULTIPLE CHOICE 1. When the manufacturer of L’Oreal shampoo introduced shampoos designed specifically to appeal to preteens‚ the product was: e.a.b.a.a.c.b.c.e.b.e.c.a.d.e.b.d.e.a.c.b.b.d.e.c.d.b.d.b.a.b.e.d.c.c.a.a.b.b.e.a.b.b.b.c.b.e.a.d.c.b.d.c.a.e.b.e.a.e.e.a.c.b.a.d.e.a.d.a.c.d.c.e.d.b.c.c.d.b.e.a.c.d.e.d.b.a.e.a.e.c.a.d.e.e.e.a.c.d.b.a.c.b.a.d.d.a.b.c.b.a.e.c.a.c. a new product because it was an improvement or revision of an existing product
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maintained and checked every 5000km 2) There are pressure checks at some gas stations. Also‚ they sell little devices to check. You may buy these at Canadian Tire. 3) Wiper fluid‚ spare tire‚ tire patch‚ spare oil‚ tools to change a tire 4) Get your car’s maintenance checked before the winter‚ you can get winter tires or chains on your tires. Make sure your heat and windshield wipers are working for safety. Module 4 – Choosing the right vehicle for your everyday needs 1) -Every three months change
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AMERICAN’S PROTECTIONISM 1. Raise the value added to the tire products. The tires exported are mainly middle or low-class products targeted at foreign spare tire market. The technology content and brand value of the products are relatively low in comparison to foreign products. In addition‚ because of the low prices and giant volume of exports‚ the export of tires can be easily judged as dumping and result in conflicts. According to this‚ tire companies should pay more attention to R&D programs in
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Worn tires don’t help any time of year‚ least of all in winter weather. Examine tires for remaining tread life‚ uneven wearing‚ and cupping; check the sidewalls for cuts and nicks. It’s a good idea to check tire pressures once a month. Let the tires "cool down" before checking the pressure. Don’t forget to rotate your tires‚ too! Make sure you have a spare and that the jack is in good condition. Be prepared for
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Q1. What is an opportunity cost? How does the idea relate to the definition of economics? Which of the following decisions would entail the greater opportunity cost: Allocating a square block in the heart of New York City for a surface parking lot or allocating a square block at the edge of a typical suburb for such a lot? Explain. LO1 A1. Opportunity cost is the value of the next best thing forgone‚ this is always present whenever a choice is made. Economics is the social science that examines
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Solutions to Problem Set #1 1. Let Ω = {a‚ b‚ c} be a sample space. Let m(a) = 21 ‚ m(b) = probabilities for all eight subsets of Ω. 1 3 and m(c) = 61 . Find the The eight subsets are: ∅‚ {a}‚ {b}‚ {c}‚ {a‚ b}‚ {a‚ c}‚ {b‚ c}‚ {a‚ b‚ c}. m(∅) = 0 1 1 1 m(a) = ‚ m(b) = ‚ m(c) = 2 3 6 2 1 5 m({a‚ b}) = ‚ m({a‚ c}) = ‚ m({b‚ c}) = 6 3 2 m({a‚ b‚ c}) = 1 6. A die is loaded in such a way that the probability of each face turning up is proportional to the number of dots on that face. (For example‚
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MICHELIN OFFSHORING IN CHINA 1. About Michelin Michelin is a tire company that was created by Edouard and André Michelin in 1888 in Clermond-Ferrand‚ France. The company created the removable tire; the train tire and the green tire that reduce fuel consumption. Today the company has become the biggest tire manufacturer in the world with 20% market shares and an annual revenue of€17.89 in 2010. There headquarter are still based in Clermont-Ferrand but the company has become international
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ever been trying to change your tire and you could not because you could not get the tire off. The invention of the liftomatic solves the struggle of trying of trying to change tires at the same level. Multiple liftomatics can also help auto shop owners because they would be able to see what exactly they are doing without being all the way on the floor. The exact function of the liftomatic is to help make it easier for people who are trying to change their tires‚ make auto repairs or things of
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that night. As we were driving‚ out of nowhere was the biggest pothole you’ve ever seen‚ we couldn’t avoid it and hit it straight on‚ the tire was completely blown. We pulled over into a small abandoned parking lot. ( Not in a very good area either). She decided to walk to the gas station down the road to see if they had a spare tire axel to change the tire while I stayed with her daughter. She came back with bad news‚ no axel. It was about 12:30 at night in a pretty bad neighborhood faced with
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A Brief Look at the History of the Dow Jones Industrial Average Not much had changed in the twelve years between Mr. Dow’s eleven stocks’ first appearance in the daily financial bulletin‚ Customer’s Afternoon Letter‚ and the twelve ‘smokestack’ companies that debuted on the Dow Jones Industrial Average on May 26‚ 1896. An interesting thing to notice is how nearly the entire list is populated by industrial stocks. This is a far cry from the commodity and retail rich list of today. Moving ahead
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