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Alexus [3.1K]
2 years ago
13

If you want to sell unique wristbands to the 250 participants in a special boating event to raise funds for research for a rare

disease, which of the following strategies would you select? a. high quality product, low price, heavy promo, exclusive channels b. high quality product, high price, light promo, wide distribution c. high quality product, high price, heavy promo, exclusive channels d. ​high quality product, high price, light promo, exclusive channels
Business
2 answers:
melamori03 [73]2 years ago
7 0

Answer: D. ​high quality product, high price, light promo, exclusive channels.

Explanation: Judging by the number of wristbands to be sold and the nature of the event, the quality expected of such a limited edition wristband and the occasion should be well above average and surpass what is offered by general wristbands.

Quality comes at a cost, therefore the wristband should command a huge fee as it will most likely be affordable for the participants.

Given that the sale isn't in thousands or meant to reach people aside from participants in the event, a light promo will suffice and and adopting exclusive channels for its sale should be considered.

Natali [406]2 years ago
6 0

Answer:

d. ​high quality product, high price, light promo, exclusive channels

Explanation:

Given the target group of people to be reached with the unique wristbands, we can conclude that the target market consists of a special group of people who most likely can pay a high price for the unique wristband. The special boating event would most likely attract wealthy individuals.

Considering the category of people targeted, a high quality product with high price is the best bet to achieving the goal of raising enough funds the research.

Also, given the limited number of people to be targeted, light promo is all that is needed. The limited number of people targeted and also considering their caliber, and the high quality product being offered, an exclusive channel of sales would seem fit for restricting the distribution of the product.

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Describe analogous, parametric and bottom-up estimating, and briefly discuss the advantages and disadvantages of each method.
Zolol [24]

Answer:

Analogous, Parametric , Bottomup estimate are the major project management cost estiomation tool.

Analogous

This particular technique is used to estimate the project cost when very little information or detail is available about the project. Thus, this technique does not provide a realistic or reliable estimation. In this type of estimation cost is calculated based on the historical data of similar project.

Parametric costing

Like analogues it also uses historical data for costing. It takes different variables from the project and applies them to the current project.( Man,equipment, material) used for similar last project are taken as a reference.

Bottom up technique

It is also considered as definitive technique. It is the most accurate among project cost estimation techniques, the cost of every activity involved in the project is calculated on realistic basis, estimation is done of greate4st level of detail, and then it will rolls up to calculate actual total cost. It drills down to every minute details of costing as well. total project work is broken down into the multiple smallest work components.

In a nutshell

Analogous

Fastest method of estimation

It can be calculated with minimal information

Parametric

It make use of statistical tools for estimation of cost involved in project

More accurate than the analogous method.

Bottom up

Most accurate technique

It can be used when all information are available

More time consuming method

Explanation: rate brainliest pls

8 0
2 years ago
Quizno's is conducting a contest in which customers are asked to name a new sandwich. The winner gets a free sandwich each day f
PIT_PIT [208]

Answer:

sales promotion

Explanation:

Sales promotions are used as a short term tactic to increase the sales of a good or service very rapidly, but they are not meant to last. Usually sales promotions offer product or monetary incentives to but the goods or services, e.g. discounts, rebates, coupons, free samples, contests, extra product, etc.

8 0
1 year ago
Which method of analysis does not classify variables as dependent or independent?
Masja [62]

Answer:

C) cluster analysis

Explanation:

Regression analysis. The regression analysis determines the relationship between the two variables. Thus, one of these quantities (X) is given in advance(dependent) and is not random. The second value (U) is the independent and random number. The randomness of the second quantity can be explained for two reasons. First: Measuring the random number U, which depends on the number X, is associated with certain errors; second: The value of U may depend on other uncontrollable factors, in addition to being dependent on the value of the corresponding X value. In this case, we need to talk about the distribution of the random variable U against each value of the X variable.  The main purpose of the regression analysis is to build a mathematical model that takes into account the factors affecting the physical process using experimental data and evaluating its accuracy.  The least squares method is used for statistical estimation of the mathematical model's suitability to experimental data.

Discriminant analysis is a method used in statistics, pattern recognition, and machine learning to find a linear combination of attributes that define or distinguish two or more classes or events. The resulting combination can be used as a linear classifier or more often to reduce the size before classifying.  LDA is closely related to variance analysis (ANOVA) and regression analysis, which try to express a dependent variable as a linear combination of other properties or dimensions. However, while variance analysis uses qualitative independent variables and a continuous dependent variable, discriminant analysis has continuous independent variables and a qualitative dependent variable.

Cluster analysis or clustering is a problem of grouping a number of objects. In this problem, objects must be in some way more similar to those in other groups to accommodate the same clusters (clusters). One of the main problems with data transmission is a common technique used in statistical data analysis. It is also used in machine learning, pattern recognition, image analysis, data retrieval, bioinformatics, data compression and computer graphics.

One-way analysis of variance (ANOVA) is used to calculate the significance of the difference between three and more independent means in a normally distributed series. ANOVA compares the arithmetic means of three or more groups alone; ANOVA result is also significant when at least one of these comparisons is significant. To measure the significance it will have the relation to the regression analysis that's why there will be dependent and independent variables as well.

6 0
1 year ago
Read 2 more answers
The two broad categories of buying behavior are ____ and ____. a. psychological; social b. government; industrial c. consumer; p
Ede4ka [16]
A) psychological : social
5 0
1 year ago
Leo received $7,500 today and will receive another $5,000 two years from today. He will invest these funds when he receives them
alekssr [168]

Answer:

Value of Investment= Principal (1+Rate of return)^Number of periods

For the first investment the principal is 7,500, the rate of return is 11.5% and the number of periods are 5 so the value of the investment will be

7,500 (1+0.115)^5=12,925

For the second investment the principal is 5,000, the rate of return is 11.5 and the number of periods are 3 as the 5,000 is invested two years from today.

5,000*(1+0.115)^3=6,931

Total value of investments = 12,925 +6,931 = $19,856

8 0
1 year ago
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