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1. Insurance products are services. Describe Progressive Insurance's products in terms of the four characteristics of services. How does Progressive deliver value to its customers? In what stage of the product lifecycle are Progressive's products and why? 2. What are the advantages to customers to have either an insurance agent (indirect channel) or an online transaction (direct channel)? What are the disadvantages? How does each add value to the customer? 3. The Progressive video mentioned that prices might be different depending on whether the customer uses the agent or the online service. Based on the pricing considerations discussed in your text, does this pricing strategy appear to be customer focused? Why or why not? 4. Progressive and its two primary competitors, All State and State Farm, have all developed ‘characters' to communicate with the target market Flo, Mayhem, and Jessica are becoming the face of the companies. Using the humorous approach is one way companies hope to differentiate themselves from their competitors. Based on the ads for Progressive, All State and State Farm, can you differentiate each of the companies? Why or why not? Do you think the humorous approach works? Why or why not?
Describe the major sources of supply base risk. what are some of the supply chian risk management tools available to avoid or mitigate supply chain risk?
high order needs become less impotrant as indivdual move up the corporate ladder/5. higher-order needs become more imporant as indivuals move up the crporat ladder/which of these answer is correct/joedumb77
How should foster position herself and her team prior to raising a follow-on fund?(New venture creation chapter 7 preparation question)
Complete the table below. (Show your supporting calculations)
Illustrate what is the Yearly cost for ordering item X. (Round your answer to 2 decimal places. Omit the "tiny_mce_markerquot; sign in your response.) Yearly cost for ordering item $. Illustrate what is the Yearly cost for storing item X.
Assume that the hamburger patties cost $3 a pound. What is the inventory turnover for the hamburger patties? On average, how many days of supply are on hand?
Flex Electronics Gadget, Inc. produces 4 types of PCB (printed circuit boards), each of which requires different combination of treatment. There are 7 treatment station.
Construct a p-chart that plots the percentage of patients unsatisfied with their meals. Set the control limits to include 99.73% of the random variation in meal satisfaction. Comment on your results.
Susanna Nanna is the production manager for a furniture manufacturing company.The company produces tables (X1) and chairs (X2). Each table generates a profit of $12 and requires 4 hours of assembly time and 2 hours of finishing time.
Discuss the ways in which culture and technology coincide. Give an example from your own expereince or the experience of others where culture and technology have impacted one another. Is it possible to embrace technology and be true to your cultur..
Discuss the difference between an employer's support of and domination of a union. Compare and contrast the factors the might contribute to employees' voting to decertify a union.
ABC Airlines has calculated the total costs (fixed and variable) for the passenger service flights between Los Angeles, California and Orlando, Florida. The two methods used were the high-low method and the least squared method.
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