age‚ purchasing habits‚ etc.? Do you know how to find the target group‚ or will the researcher need to find them for you? Example: Loyal users of ABC widgets (purchased at least 3 in last 6 months) Loyal users of XYZ widgets (purchased at least 3 in last 6 months) Non-users of widgets (using woozles or other solution instead of widgets) Mix of male and female‚ age ranges from 35-55 Approximately when do you want this work to be done? And when do you need the final analysis or presentation
Premium Marketing The Target Target market
VRIN Framework Resources | V | R | I | N | Explanation | Software | iTunes‚ continuation of current strategy. | | | | | iTunes still holds the majority of the market share‚ showing positive effects. However‚ becoming less rare as similar software is produced‚ which allows synchronization of the apple product without iTunes‚ such as Copy Trans. | | iWork‚ invest in redeveloping product | | | | | Redeveloping the product would certainly increase the value and demand for the products
Premium Apple Inc. Desktop computer Personal computer
Forecasting Forecasting is a prediction of what will occur in the future. It is an uncertain process that is vital to survival in today’s international business environment. Rapid technological advances have given consumers greater product diversity as well as more information on which they make their product choices. Managers try to forecast with as much accuracy as possible‚ but that is becoming increasingly difficult in today’s fast-paced business world. Forecast Methods There are two
Premium Project management
experience. Harvesting the power of new media tools‚ Mandee is leaving it up to the consumer to get personal. Mandee has managed to find ways of reaching their customers at every channel—mobile‚ in store‚ online and via multiple social networks. By using widgets‚ Mandee creates multiple surveys which plug into all of their social network pages (Facebook‚ MySpace‚ Twitter‚ MyYearbook‚ etc)‚ to find out about customer preferences‚ such as favorite color to wear for spring and what world issue customers are
Free Social network service Social network aggregation Facebook
While auditing my client‚ I found that the price the company has been paying for their widgets doubled in a year’s time. In addition‚ they are now being purchased entirely from a new vendor. After I check the fair market price for these widgets‚ however‚ it appears that they are only worth half of what the company is paying. This is one of the red flags for fraud. As an auditor it is my job to ensure to the best of my ability that the financial statements are not materially misstated due to fraud
Premium Fraud Audit Financial audit
interested in optimal inventory policies for widgets. The EOQ formula uses four variables. They are: D: Q: C: h: The demand for widgets in quantity per unit time. Demand can be thought of as a rate. The order quantity. This is the variable we want to optimize. All the other variables are fixed quantities. The order cost. This is the flat fee charged for making any order and is independent of Q. Holding costs per widget per unit time. If we store x widgets for one unit of time‚ it costs us x@h
Premium Economic order quantity Inventory
Consider the following demand schedule for widgets: price ($ per widget) Quantity (# per month) 2 100 4 85 6 70 8 40 10 5 What is the price elasticity of demand for widgets between $8 and $10? . What is
Premium Supply and demand
The company´s history Zu1. Arthur Guinness the founder of the Guinness Company was born in Celbridge in 1725. His father Richard had an own brewery and brew beer for workers. He taught his son in the art of brewing and bought him at least a little brewery in Leixlip. Zu 2. At the age of 34 Arthur leased a disused brewery in Dublin at St. James´s Gate. Within 2 years he married Olivia Witmore a wealthy‚ well connected young lady in Dublin society. With Olivia he had 21 children of which
Premium Guinness
D. E. (2009). Accounting: Tools for business decision making (3rd ed.). Hoboken‚ NJ: John Wiley & Sons Week 4 Discussion Question 1 Imagine Widgets Airlines‚ Inc. operates 18-seat commercial flights between New York City and Washington‚ DC. After 10 seats have been sold on each aircraft‚ the company has reached the break-even point. Should Widgets consider offering a discounted fare for seats 11 through 18? What are the advantages and disadvantages of not offering a discount on seats 11 through
Premium Costs Southwest Airlines Decision making
the Independent and Dependent Variables tutorial‚ located at http://www.sophia.org/tutorials/independent-and-dependent-variables--3. Option 1 Note: The following is a regression equation. Standard errors are in parentheses for the demand for widgets. QD = - 5200 - 42P + 20PX + 5.2I + .20A + .25M (2.002) (17.5) (6.2) (2.5) (0.09) (0.21) Your supervisor has asked you to compute the elasticities for each independent variable. Assume the following values for the independent
Premium Regression analysis Microwave oven Per capita income