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son4ous [18]
2 years ago
14

A product manager is eager to develop a new product idea. To gain approval to do so, the product manager orders the research tea

m to survey a small group of customers that have been briefed on the product concept already and who reacted favorably to it. This type of research effort is known as _____(A) sugging.(B) advocacy research.(C) product research.(D) consumer research.(E) focus group research.
Business
1 answer:
Anit [1.1K]2 years ago
8 0

Answer:

The correct option is (B)

Explanation:

Advocacy research is conducted with the aim to provide evidence that supports a particular idea or cause. In this case, product manager has the intention to get his new idea approved. For that, he gets the research done already known population who have been briefed about the idea and are expected to provide positive feedback. This is an example of advocacy research.

Sugging is just pretending to conduct a research but the main aim is to sell the product. So this option is incorrect.

Other options are incorrect as they focus on deriving the outcome but advocacy research focus on just supporting the outcome.

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1. Why does the sushi robot make​ sense? A. It never rusts out. B. It is faster than a human. C. It replaces humans altogether.
ella [17]

Answer:

C. It replaces human altogether

Explanation:

The current global outlook and focus on robotic sciences indicates that robots have entered into our daily lives. With the emergence of artificial intelligence and IoT internet of things it is evident that fourth industrial revolution would result in replacing humans altogether in almost every profession and aspect of life.

4 0
2 years ago
Zoe buys 50 pounds of frozen peaches each month to make her famous peach cobbler that she sells in her bakery. If Zoe believes t
Oksi-84 [34.3K]
Please forgive me if I’m wrong
I think it would be a.true
7 0
1 year ago
A small college employs two economists. Rob has been employed by the college for 15 years and Bill has been employed for one yea
Korvikt [17]

Answer:

E. efficiency wages

Explanation:

Clearly this isn't a discrimination case, as Rob has a robust background with the company (15 years). Although their work output may be the same, Rob's experience justifies the higher pay.

This is one form of efficiency wage theory, holding that higher wages lead to increased employee productivity. This way, Rob gets an incentive for staying with the company.

5 0
2 years ago
Marko, Inc., is considering the purchase of ABC Co. Marko believes that ABC Co. can generate cash flows of $4,800, $9,800, and $
Harrizon [31]

Answer:

$23,977.29

Explanation:

In order to determine how much Marko would be willing to pay, we have to calculate the present value of the ABC Co.

Present value is the sum of discounted cash flows

Present value can be calculated using a financial calculator:

Cash flow in year 1 =$4,800

Cash flow in year 2 = $9,800

Cash flow in year 3 = $16,000

I = 11%

Present value = $23,977.29

To find the PV using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

I hope my answer helps you

7 0
2 years ago
What is the value today of $4,400 per year, at a discount rate of 8.3 percent, of the first payment is received 6 years from tod
kodGreya [7K]

Answer:

Present Value = $290

Explanation:

The present value of a future payment

PV = \frac{FV}{(1 + r)^n}

Where r discount rate

t is the number of years until the payment will be received.

PV = Present Value = ?

FV = Payment = $4,400

r= 8.3% = 0.083

N = 20 - 6 = 14

PV = $4400 / (1 + 0.083)(20 - 6)

= $4400 / (1.083 * 14)

= $4400 / 15.162

= $290.1992

≅  $290

Present Value = $290

8 0
2 years ago
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