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Four method of survey:
1. Nature of the Population: The population maybe widely scattered then mail surveys are more appropriate and economic. If the respondents are not adequately eduated than personal interviews will be better. If the potential respondents own telephones and the information is to be gathered in shortest possible time then telephone surveys are the best.
2. Funds at Disposal: The costs of conducting personal interviews are always higher as compared to telephone and mall surveys. Form the cost consideration the mail is judged best. Costs should be more accurately compared against the quality of information obtained by alternative methods.
3. Duration of Survey: Maximum time is required in personal interviews and in mall surveys the researcher has to wait for longer time to get adequate response. Telephone surveys research minimum time and are the best speed wise.
4. Desired Accuracy of Collected Information : Inaccuracies in information are mainly due to respondents and investigators biases. The factors for respondent bias may be.
a. Unwilling to co operate in the interview and giving biased answers consciously.
b. The respondent may not be able to understand the questions and misinterpret the question. These inaccuracies can be checked and minimized considerably in personal interviews.
Data Classified by Their Nature: The nature of data may be classified according to various categories. Facts knowledge opinion intention motivation and behaviour. a. Facts
five recuitment methods
#history of managment
3. People have a peculiar behaviour over a product and why is it so. How a product is altered to attract customers? What are the techniques companies follow to retain and add new c
Which of the following probability distributions cannot be simulated ? a. normal. b. poisson. c. uniform. d. all can be simulated.
VK Ltd a multi-product Company, furnishes you the following data relating to theyear 2000.First Half of the year Second Half of the yearSales Rs. 45,000 Rs. 50,000 Total Cost Rs. 4
Q. Define: Decision Making Decision making engages selection of best course of action among different alternatives courses of action.
whats is it
Contribution Margin: A common of a firm's profitability and performance, this is a calculation of how much a firm's revenues exceed its variable costs of production, and ther
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