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Market research is essential when developing and introducing new products and services. Imagine you are creating a new product or service and think about what you need to know.
Answer the following three questions:
1. How would you conduct quantitative and qualitative research?
2. What results would you be looking for before you release the product or service for general public use?
3. How could research help guide you as you promote the product?
On average, how many weeks of supply of raw material are on hand at the factory based on the following data? Total COGS of $1,581M US dollars during that year. The firm used $625M worth of raw material during that year.
Has MetLife spear-headed any major product or service innovations? Apply the diffusion of innovations framework to predict this innovation’s speed of adoption. Discuss per product-based factor as illustrated below. Finally, try to find information on..
If the carnival has the option of hiring one or two repairers, which option should the company choose?
What is the difference between an idea and an opportunity? For whom? What can be learned from Exhibits C and D?
Increasingly IT services are being sourced from outside the organisation using them. Explain the advantages and disadvantages of outsourcing an organisations IT. Discuss the advantages and risks of using cloud storage for corporate data.
A two channel operation with two service windows and two wmployees. The employee station at each window fills the order and takes the money. The average service time for this is 2 minutes for each channel.
On each part, a backup can be installed with a cost of $40. If the reliability for the backup is 50%, would the installation of this backup be a better option? Support your answer.
Edmoncorp Inc. has operating income of $109,000, total current liabilities of $26,000, long - term bank debt of $100,000 @ 8% per year, and total equity of $400,000. Calculate the Bank debt leverage, Debt ratio leverage, and return on equity.
What are the 2 major forms of workplace diversity? Define them and give at least 3 examples of each. List and define 3 (of the 6) different kinds of workplace discrimination. Discuss the effects of diversity within a group on group performance, both..
Providing food fulfills which level of Alderfer's needs? If employees value free food as a reward for working hard, the food would represent which component of expectancy theory? In trying to help employees balance their personal lives with their wor..
What is virtual teamwork? Discuss advantages and disadvantages of virtual teamwork.
As technology becomes more sophisticated, how can citizens and political leaders judge and understand whether a given technology offers great perils or great promises? When great technological projects, such as venturing farther into the galaxy or de..
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