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Let’s say you have developed a new, all natural granola style cereal. You want to see the reaction of a range of people to the product, so you decide to set up focus groups to sample the cereal. In one to two pages (single spaced), describe how you would carry out a focus group review of the cereal. a. How many people would be included in the focus group? b. How would they be selected? c. How would the taste test be carried out? Design a smart taste test – e.g., have attendees sample a total of three cereals, only one of which is your own brand. d. What questions would you ask of the focus group members after they have sampled the cereal? e. How would you use the information you gathered through the focus group exercise to guide you in moving the product forward (or killing the product, if appropriate)?
Research the corporate-level of strategies and evaluate the business-level strategy do you believe is appropriate to offset forces in the industry for Victory Motorcycles
Describe and illustrate one of the three portfolio approaches. Explain why a business would choose a low cost, differentiation, or speed-based strategy.
A local pharmacy orders 15 copies of a monthly magazine. Depending on the cover story, demand for the magazine varies. Historical records suggest that the probability distribution of demand is Poisson with a mean of 10. The pharmary purchases the mag..
How does language change? Explain one concept and provide an example from your own language or experience to support. What is the impact of language change? Explain one concept, providing an example from your own language or experience to support. Wh..
Identify the primary reason why ethnocentrism creates a barrier for individuals wanting or needing to engage in effective intercultural communication. Explain why the use of head movements often creates communicative misunderstandings.
Explain how do vision and mission statements of rating organization affect explain how they view social responsibility.
Advertising is the primary source of revenue for newspaper companies. Over the past 10 to 15 years, the newspaper industry has been adjusting to changes in the mix of services that produce this revenue. The two main categories of services are run on ..
Why do firms engage in FDI when alternatives such as exporting and licensing are available? How do location-specific advantages influence organisational decisions on FDI?
How do issues of cost and payment sources affect health care decision-making and the delivery of health care?
which work station should each worker be assigned in order to minimize the flow time of the assembly line? What is the associated flow time?
In an effort to reduce costs across the board, Pilchard wishes to hire recent graduates of MBA programs who have little experience. His firm would be paying them above competitive salaries even if it offered them one-half the salaries of its present ..
X Company currently buys 6,500 units of a component part each year from a supplier for $7.70 each, but it is considering making the part instead. In order to make the part, X Company will have to buy equipment that will cost $150,000. The equipment w..
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