#1 True or false: Even if the sample size is more than 1000‚ we cannot always use the normal approximation to binomial. Solution: If a sample is n>30‚ we can say that sample size is sufficiently large to assume normal approximation to binomial curve. Hence the statement is false. #2 A salesperson goes door-to-door in a residential area to demonstrate the use of a new Household appliance to potential customers. She has found from her years of experience that after demonstration‚ the
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Condom Availability in College Due to the escalating spread of sexually transmitted diseases throughout the country‚ the College Administration at County College has decided to install condom dispensers in all campus restrooms in an attempt to prevent and decrease the transmission of STD’s. HIV/AIDS is the specific deadly disease that the college is mostly concerned about. Although this decision has caused a great deal of controversy among the county college community‚ the installation of condom
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Question 1 The following table gives the classification of the amount paid and the method of payment at a department store. Cash Credit Debit Total < $20 10 8 6 24 $20 - $100 15 25 10 50 Over $100 5 15 6 26 Total 30 48 22 100 a) Find the probability that the amount paid is < $20 Answer: P(<$20) = b) Find the probability that the method of payment is credit Answer: P(Credit) = c) Find the probability that the amount is <$20 and the method of payment
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Pricing Strategy and Channel Distribution Senior Concierge Services Kelly Spino Strayer University Dr. Robert Badowski Abstract Determine and discuss a pricing strategy (penetration or skimming). Determine and discuss pricing tactics (product line pricing‚ value pricing‚ differential pricing‚ or competing against private brands) to be used for your product. Identify any legal and ethical issues related to the pricing tactics. Prepare a marketing distribution channel analysis identifying
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ctLIST OF CONTENTS Chapter No | Title | Page Number | | Executive Summary | | 1 | Organizational Study | | 2 | Research methodology | | 3 | Review of Literature | | 4 | Data Analysis and Interpretation | | 5 | Findings and Suggestions | | 6 | Conclusion | | | Bibliography | | | Annexure | | LIST OF TABLES Table No: | TITLE | Page no: | 4.1 | Table showing gender of customers | | 4.2 | Table showing income level of customers | | 4.3 | Table showing
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Distribution Strategy WS5A4 Southwest Airlines - Case Study Operating under an intensely competitive environment‚ Southwest Airlines carefully projects its image so customers can differentiate its product from its competitors. Southwest positions itself in all its marketing communications as the only low-fare‚ short-haul‚ high-frequency‚ point-to-point carrier in America that is fun to fly (Cheng‚ 2010). Its low-priced fares are a brand equity which it "owns" in the mathematical sense of being the
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Is there any difference between channel conflict and channel competition? The main difference between these two terms is the consequences of the new competition. What I understand from the texts is that the channel conflict is derivated from the channel competition but this last not necessarily has to end in a conflict. So‚ the channel competition is when one channel serves customers that are already served by other channel but in different situations and offering different value proposition;
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24/02/2014. CASE STUDY The future of shopping’’.Harvard business review‚ December‚ pp. 65-67 Question 1 What arguments would you use to persuade a traditional retailer to move to omnichannel retailing? 2 choose a retailer to assess its degree of integration of digital and physical retailing and suggest additional changes it should implement to become an omnichannel retailing. Tailor your advice to the sector and the characteristics of the retailer. Word count: 1195
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Q1. Different companies have different strategies when implementing sales programs. A strategy used by McDonnell-Cummins is by providing compensation. As a B2B company‚ Linda is required to do direct marketing in order to introduce their products to large consumer goods companies. Therefore‚ as a motivation‚ offering an incentive in the form of compensation for staff such as providing a new car and expense account is to enforce desirable sales performance. At McDonnell-Cummins Company‚ they
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DABBAWALAS OF MUMBAI DABBAWALAS OF MUMBAI WHITE PAPER PREPARED BY MBA STUDENTS UNIVERSITY OF NORTH CAROLINA’S KENAN-FLAGLER BUSINESS SCHOOL AT THE Authors Nishesh Patel (EMBA 2006) Naveen Vedula (EMBA 2006) Abstract Despite the current emphasis on high technology for solving complex business logistics issues‚ a group of largely illiterate Indian entrepreneurs known as dabbawalas has been coordinating the delivery of home-cooked lunches to thousands of Indian office workers for
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