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A company's marketing strategy can be customer (i.e. you design your strategy by looking primarily at what your customers want) or competitor (i.e. you design your strategy based on the actions of your competitors) oriented. In reality, of course, companies do a little of both. For EACH one of the following 4 scenarios, identify which of the two strategies should be emphasized and why:
1.1 A market leader in pharmaceuticals 1.2 A market follower in a mature market 1.3 A market nicher (i.e. a company focused on a small market niche) in interior decoration of luxury homes 1.4 A market challenger in a mature market with low margins and significant economies of scale effect.
to determine the number of deer in a game preserve, a conservationalist catches 394 deer, tags them and lets them loose. Later, 492 deer are caught, 246 of them are tagged, How many deer are in the preserve?
89 students found that 22% were in favor of raising tution to build a new math building. The standard deviation of this poll is 7%. What would be the standard deviation if the sample size were increased from 89 to 189?
A class has 10 business majors and 15 econ majors. If Five students are chosen at random, what is the probability that three are business major and two are econ majors?
Probability of Having a Disease when Testing Positive. Suppose that 1% of all people have a particular disease. A test for the disease is 99% accurate. This means that a person who tests positive for the disease has a 99% chance of actually having..
the fence around a rectangular piece of property is 156 m long. if the area of the property is 1505 meters squared, find the dimensions of the property.
By looking at two linear equations, how can you tell that the corresponding lines are parallel, the same graph, or intersecting lines? How many solutions does each possibility have and why is that? Show examples for each possible situation.
Determine if the function f(x) = 3x + x^2/3 (2 - x)^1/3 satisfies the hypotheses of the MVT on the interval [0, 2]. If it does, find all possible values of c that satisfy the conclusion of the MVT. (MVT is Mean value theorem)
Use the Empirical Rule to find what two values 68% of the data will fall between for a data set
Show the solution sets written algebraically and as a union or intersection of intervals. Describe in words what the solution sets mean, and then display a simple line graph for each solution set as demonstrated in the Instructor Guidance in the l..
a company wants to construct a box that will hold exactly 200 one inch cubes. find the dimensions of all possible boxes. which size box do you think the company should make? why?
An entrepreneur buys an apartment building with 40 units. The previous owner charged $240 per month for a single apartment and on average rented 32 apartments at that price.
starting at 8 A.M. determine the number of times in the next 24 hours for which the hour and minute hands on a clock coincide?
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