Introduction: definition of household Despite‚ very often‚ marketers plan strategies focused on individual purchasing decision‚ most consumptions are thought and made within the household circle. But‚ what is a household? There are several definitions about this social group. One of the most used is U.S. Census Bureau’s definition “Every occupied housing unit in the nation comprises one household”. Hence U.S Census bases its idea of household on residential unit rather than on affections or
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how many children have access to guns in their households. Questionnaires were distributed to all parents who attended selected clinics in the Chicago area during a one-week period for well or sick child visits. Suppose that the quantity of interest is percentage of the households with guns. Describe why this is a cluster sample. What is the psu? The ssu? Is it a one-stage or two-stage cluster sample? How would you estimate the percentage of households with guns‚ and the standard error of your estimate
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QUESTION 1 Why would an engineer be interested in yield strength of a material for a particular application? In civil engineering‚ an engineer should always be concerned in yield strength of a material for a particular application. Yield strength is defined as the point where materials begin to deform plastically. Before the prior of yield strength the materials deform elastically and will return to its original shape when the applied stress is removed. The knowledge of this is important for engineers
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Investing in Stocks and Bonds Stocks and Bonds are different in many ways. A stock is a portion or share of the ownership of a corporation. A share will give the owner of the stock the company’s profits or loses over time. The good thing about stocks is they can be sold at almost any time as long as there is someone willing to buy. A bond‚ on the other hand‚ is a fixed interest financial asset issued by governments‚ companies‚ banks‚ and other large entities. Bonds also are called funds.
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Investing in Bank of America Bank of America Corporation (NYSE:BAC) is one of the largest banking institutions in America. Bank of America (NYSE:BAC) headquarter is located in Charlotte‚ North Carolina‚ and is a member of the Federal Deposit Insurance Corporation (FDIC). Bank of America Corporation as any other company or banking institutions has its vicissitudes in the stock market because of the financial crisis in 2009. As one of the world’s largest financial intuitions‚ Bank of America serves
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Golf Equipment Industry Questions Case 4 questions 1. What are the defining characteristics of the golf equipment industry? What is the industry like? Innovative Technology and brand name recognition. The industry competitive forces are very high due to regulations‚ diminishing growth in players. The technologies that the companies have done are so advanced that the USGA has to put regulations on them to make the game fair all around. 2. What is competition like in the golf equipment industry
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rodent control products at competitive prices. Victor® is recognized as a world leader in the rodent control category and has been a trusted brand name since 1890. Victor® revolutionized the rodent control market 100 years ago with the invention of the spring-based Victor® Mouse Trap. Of the more than forty-four hundred mousetraps patented‚ fewer than two dozen have earned their creators a cent. http://www.americanheritage.com/content/better-mousetrap The snap trap’s annual sales are a company secret
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Australian Paper Manufacturers | Case Analysis) | Introduction The case deals with the Australian Paper industry in 1990‚ the major players operating in it and how the environment is throwing up challenges to its major players and shaping the future growth of the industry. The paper industry in Australia can be separated into three categories - Newsprint‚ Paperboards and Fine paper. The industry is dominated by two big players namely the PCA and Australian Paper Manufacturer (APM) and the rest
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enter a foreign market? Selecting the mode of entry into a particular export market is one of the crucial decisions to make. The entry method has significant implications for a wide range of international marketing concerns. When choosing an entry method‚ the exporter should consider the similarity of the foreign market to the home market‚ level of service required‚ tariffs and shipping‚ lead time requirements‚ brand awareness‚ and competitive advantage. There are two main options for market entry:
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It seems that the business world is becoming more and more challenging fir firms and organisations to participate and stay competitive inside. There is a common trend in the world for such firms and organisations to participate in globalization‚ which is in brief‚ the process for international exchanging of national or cultural related resources. The Advances in transportation and telecommunications infrastructure‚ including the rise of the Internet‚ are major factors in globalization‚ generating
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