What is the major advantage of perceptual mapping

Assignment Help Operation Management
Reference no: EM131034489

What is the major advantage of perceptual mapping?

a. It is a visual relative to the market share, consumer size and consumer perception.

b. It enables the company to identify an area that has the least amount or no competition

c. It is a way to compare customer ideal points with product ideal points offered by competitors

d. All of these answers

Reference no: EM131034489

Questions Cloud

Express authority to solicit orders from customers : Adam is a traveling salesperson for Peter Petri Plumbing Supply Corp. Adam has express authority to solicit orders from customers and to offer a 5 percent discount if payment is made within thirty days of delivery. Petri has said nothing to Adam abou..
While standing in line at the coffee machine : While standing in line at the coffee machine, you overhear the person in front of you saying “I’m really tired of having to deal with the old-timers here. It’s time for them to call it quits. There’s no way they can keep up the pace and handle all th..
Example of what type of generally illegal agreement : Eugene's dream is to open his own restaurant. The only problem is he does not have the financial backing for this endeavor. He repeatedly tries to get a loan from a bank or other commercial lender, but he's denied each time. The situation in the case..
Customer has recently tightened the specification : A customer has recently tightened the specification for a part your company supplies. The specification are now tighter the machine being used for the job is capable of. Identify the alternatives to solve this problem.
What is the major advantage of perceptual mapping : What is the major advantage of perceptual mapping?
Strategic leadership-contrast strategic-financial controls : Compare and contrast strategic controls and financial controls. Provide specific examples of how each may be used to best serve a corporation. As a strategic leader, determine if you would feel ethically responsible for developing your firm’s human c..
Vital to the process of properly preparing data for analysis : What is vital to the process of properly preparing data for analysis? It must be accurately translated, summarized and verified. All of these answer. It must be carefully coded. Confirmation the data measures what it is supposed to measure.
Kind of output controls will facilitate positive interaction : You have been asked by your company’s CEO to find a way to improve the performance of its teams of web-design and web-hosting specialists and programmers. What kind of output controls will best facilitate positive interactions both within the teams a..
Use the concept of cost-benefit for capital budgeting : How do managers use the concept of cost-benefit for capital budgeting during the performing phase of the management process? Discuss how differentiating between activities that add value and those that do not add value enhance the relevance and relia..

Reviews

Write a Review

 

Operation Management Questions & Answers

  Why necessary to monitor and control strategic plans

necessary to monitor and control strategic plans

  Service level during the replenishment

Seagle's ATV Products manufactures various racks to be used on all-terrain vehicles. One particular rack has an average weekly demand of 240 units and weekly standard deviation of 55. The replenishment lead time is two weeks. Compute the necessary re..

  What is the major differences between a sample and a census

What is the major differences between a sample and a census?

  Employed in an entry-level management position

Suppose you are employed in an entry-level management position in a large bank. What specific considerations (contingencies) would you identify of sending an e-mail versus talking in person to someone else in a bank? Make this a nice sized paragraph ..

  Evaluating environmental and industry influences

Evaluating environmental and industry influences that create strategic opportunities or issues. Using theories and models of strategy to increase knowledge of an organization's strategic position and direction.

  Power tools plus sells handyman power tools out of its store

Power tools plus sells handyman power tools out of its store in Iowa. It does not advertise outside of Iowa and does not have a website. A South Dakota resident sees the store while driving through Iowa. He buys a power drill. Determine whether the H..

  The express was established as the town newspaper

The Express was established as the town newspaper after the first year of operations. The daily demand remained at 500, the standard deviation of daily demand at 10.0 Armentrout retailed at $1 newspapers purchased

  Serve growing demand in that market

A manufacturer has decided to locate a new factory in northwestern United States to serve growing demand in that market. It has narrowed the potential sites down to two finalists, City A and City B. It has developed a list of important factors to con..

  Why is operations management relevant to managers

Why is operations management relevant to managers in other organization functions? Base your discussion on your experience of operations within your organization or an organization with which you are familiar

  Demand unless the company adds production capacity

According to information found on the production analysis page of the Inquirer, Chester sold 1127 units of Cat in the current year. Assuming that Cat maintains a constant market share, all the units of Cat are sold in the Nano market segment and the ..

  In market selection procedures

In market selection procedures

  What are some of the forces that are reshaping organizations

What are some of the forces that are reshaping organizations today? How are managers affected by these forces and what can they do to ensure an effective organization?

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