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Demerits of Survey Methods: 1. The first drawback of survey method is the money needed for conducting the surveys. In most cases the researcher has to recruit a large n
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Funtions of operation management
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Simple or single-stage decision making models are characterized by: a. Event nodes. b. Decision nodes. c. Decision arrows. d. Conditional payoff tables or matrices.
Explain the classification of personality types given by Sheldon
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Laboratory Versus Field Experiments: Marketing experiments can be conducted in a laboratory or in the field. In laboratory experiments test subjects. Usually consumers are broug
Advantages of Secondary Data: 1. Economy: Such data are cheaper. The amount of money spent in acquiring secondary data is generally a great deal less than needed to obtain pri
Assurance of Providing Basic Service : A hotel should provide a clean and secure room and treat like a guest. This is the principle exception of any customer from the h
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