Answer:
Consider the following explanation
Explanation:
The product already enjoys relatively high awareness and accessibility therefore Increasing awareness by 5% does not need to increase market share quickly,thus A) Increase awareness by 5% is incorrect.
Re-position the product to the ideal spot within the segment shall take a lot of time for the company to grab the market share.So D) is incorrect.
Increase in unit contribution margin by decreasing the MTBF need not increase the sales in the market thus B is incorrect.
C) Lower the unit selling price to the bottom limit of the segment price range seems correct by Lowering the unit selling price to the bottom limit of the segment price range the demand shall increase for the product increasing the market share in shorter term.
Answer:
so correct option is c. 1.51
Explanation:
given data
random sample n = 81
average speed x = 60 mph
standard deviation σ = 13.5 mph
interval estimate μ = 86.9%
to find out
the value of the z
solution
we have given μ = 86.9%
so we get here z critical value for the confidence level = 86.9 %
we will use here standard normal table
so z value for 86.9% is 1.51
so correct option is c. 1.51
Answer: a. joint venture.
Explanation:
A Joint Venture refers to when 2 or more entities come together and put up resources necessary to accomplish a certain task or venture that will be beneficial to all of them.
For example, BMW and Toyota jointly started research into utilizing hydrogen fuels and Google cooperated with NASA to create Google Earth.
Firm C is a Joint venture between Firms A and B.
Answer: Vision statement
Explanation:
Vision statement is referred to as or known as an organization's road map, which tends to indicate what the organization believes to become and achieve by putting forth a well defined direction and route for the organization's growth. These statements usually undergo the minimal revisions throughout the lifetime of an organization, unlike the operational goals that might be revised on yearly basis.
Answer: Bagley's ethical leader's decision tree
Explanation: In simple words, It refers to a framework that helps the managers of an organisation to take decisions regarding which they are uncertain and doubtful. It take into consideration all the possibilities and shortlists them on the basis of situation priorities.
In the given case, Wendy wants to determine whether they should close the facility temprarily or permanently. They are uncertain which action would be legal and correct.
Hence from the above we can conclude that they are using Bagley decision tree.
