Large business purchasers usually call for detailed product

Assignment Help Operation Management
Reference no: EM131368731

1. Large business purchasers usually call for detailed product specifications, written purchase orders, careful supplier searches, and formal approval. These are all examples of how the business buying decision process is more ________ than the consumer buying decision process is.

   a. creative

    b. relationship-oriented

    c. independent

    d. concentrated

    e. formalized

2. ________ are groups to which an individual wishes to belong, as when a teenage basketball player hopes to play someday for the Los Angeles Lakers.

    a. Leading adopter groups

    b. Aspirational groups

    c. Membership groups

    d. Social class groups

    e. Leisure groups

3. ________, the fastest-growing U.S. demographic segment, now number more than 46 million.

    a. Hispanics

    b. African Americans

    c. Gays and lesbians

    d. Mature consumers

    e. Asian Americans

4. ________ is never simple, yet understanding it is the essential task of marketing management.

    a. Understanding the difference between primary and secondary data

    b. Consumer buying behavior

    c. Consumption pioneering

    d. Brand personality

    e. Early adoption

Reference no: EM131368731

Questions Cloud

Understanding extrinsic and intrinsic motivation : Understanding extrinsic and intrinsic motivation is clearly important. What is the nature of the problem? What is the best idea as to the methods for analyzing and applying solutions to the challenge?
Using industry resource such as sports business journal : Using an industry resource such as the Sports Business Journal, research a current issue or controversy related to sports products, endorsements, or sponsorships. Provide a link to the article along with a one paragraph summary. Share our opinion abo..
Pros and cons of licensing for both licensor and licensee : Sports product sales is big business, and in an effort to capitalize on this, companies are licensing their merchandise to ensure quality and authenticity. Discuss the pros and cons of licensing for both the licensor and licensee.
Dealing with problem of inventory ordering policy : Why might a manager be forced to use simulation instead of an analytical model in dealing with a problem of (a) inventory ordering policy? (b) ships docking in a port to unload? (c) bank teller service windows? (d) the U.S. economy?
Large business purchasers usually call for detailed product : Large business purchasers usually call for detailed product specifications, written purchase orders, careful supplier searches, and formal approval. These are all examples of how the business buying decision process is more ________ than the consumer..
Cost would be based on waiting time in the system : Give 3 examples of a situation in which the waiting time cost would be based on waiting time in the system. Explain your answers. Examples include: when a computer or an automobile is taken into the shop to be repaired, the customer is without use of..
Get the modern american organization out of the crisis : How would you get the modern American organization out of the crisis (if one is in it) using the works of W. Edwards Deming? Explain Deming’s organizational theory. What practical advice could you offer to the CEO of a Fortune 500 corporation based o..
Think about the course registration system in the university : Think about the course registration system in the SEU University. Firstly, develop a set of non-functional requirements as if the system were to be developed today. Consider the operational requirements, performance requirements, security requirement..
How does it affect us health care : How does it affect US health care that we have a new President every few years? How does that affect policy and action that flows from it? Give some examples.

Reviews

Write a Review

 

Operation Management Questions & Answers

  Required stock level if the above two NAS are consolidated

The weekly demand of a certain consumable item XYZ at NAS North Island follows Poisson distribution with a mean of 5. The demand at NAS Miramar follows the same distribution with the mean of 6. What is the required stock level if the above two NAS’ a..

  What is the activity slope

Given that an activity's normal time and cost are ten days and $400, and its crash time and cost are five days and $800, what is the activity's slope?

  Describe general patterns and trends in alcohol consumption

Describe general patterns and trends in alcohol consumption in the U.S. About what proportion of adults are current drinkers? How is this affected by such factors as religion, ethnicity, and region of the country? How has per capita alcohol consumpti..

  Some argue that investing in emerging economies greatly

Some argue that investing in emerging economies greatly increases the economic development and standard of living at the base of the global economic pyramid.

  How does the use of music in political play a role

How does the use of music in political play a role in estabishing a canadidate's brand? Does a candidate's use of a song you like (or dislike) affect your overall impresion of the candidate? Why?

  Keep costs low while maintaining quality service

As the owner of a pizza delivery restaurant, you are constantly looking for ways to keep costs low while maintaining quality service. Because your profit margins are thin, you’d like the number of delivery drivers to be as low as possible. How many d..

  Describe the state of affairs - symptoms and critical factor

Reflection (1-2 pages) - this is an important section of the case. It will include your interpretation of the decisions made by the firm regarding how the featured company dealt with the identified problem(s). Did you agree/disagree - why? Your p..

  Impacts of federally mandated socioeconomic programs

What are some of the positive and negative impacts of federally mandated socioeconomic programs, goals, and quotas within the federal government contracting process?

  Deviation of diversified portfolio of common stocks

What is the typical relationship between the standard deviation of an individual common stock and the standard deviation of a diversified portfolio of common stocks?

  Describe and illustrate the portfolio approaches

Describe and illustrate one of the three portfolio approaches. Explain why a business would choose a low cost, differentiation, or speed-based strategy.

  Compare the relative benefits and limitations

Assuming that the current turnover and profits of both the units are comparable, compare the relative benefits and limitations of Materials Requirement Planning (MRP) for these two businesses.

  Create powerpoint presentation describing

Write an MS Word document or create a PowerPoint presentation describing:

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd