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- Q.1.1.1 The strongest form of data with regard to statistical analysis is: (2) (1) Nominal-scaled data (2) Interval-scaled data (3) Ratio-scaled data (4) Ordinal-scaled data Q.1.1.2 The weight of a bag of potatoes is an example of: (2) (1) Qualitative, discrete data (2) Quantitative, continuous data (3) Qualitative, interval-scaled data (4) Quantitative, discrete data Q.1.1.3 Data obtained from outside an organisation is referred to as: (2) (1) External data (2) Secondary data (3) Primary data (4) Outside data Q.1.1.4 The body temperatures obtained from a sample of 12 hospital patients represent: (2) (1) External data (2) Interval-scaled data (3) Discrete data (4) Qualitative data Q.1.1.5 Data that is recorded for the first time at source is referred to as: (2) (1) General information (2) Relevant data (3) Primary data (4) Preferred statistics Q.1.1.6 Amongst other disadvantages, which type of data may not be problem specific and/or may be out of…Please provide your answers on a single page. Additional pages will not be rewarded. Question: Imagine that you set up your own business. Assume that your firm produces a single product. Please discuss in detail whether the market for your product satisfies the basic assumptions of perfectly competitive markets one by one.1. You work for a luxury car dealership with multiple showrooms as a sales trainer. You're training a group of new showroom salespeople, and you've devised the following scenarios for them to consider. (a) A young couple with a small child has just entered the store searching for a new vehicle. Give three examples of 'Sales Strategies' that salespeople could employ. 15 (b) A man enters the showroom to buy his wife a car for her 50th birthday. Identify at least three verbal and non-verbal buying signals that salespeople should be aware of when making a car purchase. [Note: Verbal buying signals indicate the prospect has made an emotional shift and has already imagined owning, using, or operating the service or product you are selling. AND nonverbal buying signals include smiling, changes in posture, and rubbing chins or noses, which indicates rational thinking] 2.You work for an office furniture company and are an award-winning senior sales representative. Develop a blog post for the…
- 1.1 Create Modelling methods, Experiments and examples for IT in Family Owned Businesses: The study will be conducted using qualitative in accordance with the ethical principles of research, including informed consent, confidentiality, and voluntary participation. Participants will be informed about the study's purpose and procedures, and they will be given the opportunity to decline or withdraw from the study at any time. Confidentiality will be ensured by using anonymous questionnaires and protecting the identities of the participants in the report.Instruction: (Own word)Kindly write two to three sentences for each of the following marketing terms:1. Marketing Orientation2. Social Marketing Orientation3. Selling Orientation4. Target market5. Segmentation6. Positioning7. Targeting8. Marketing Mix9. Promotional mix10. Demand11. Customer satisfaction12. Customer dissatisfaction13. Delighted customers14. Brand15. Service16. Product17. Service quality18. Demographics19. Social class20. Distribution21. Marketing channels22. Business consumers23. Retail24. Wholesale25. Customer relationship. Select an overseas country of your choosing and assume that you are employed in the human resources department for a large company. The company has just reached an agreement to open a new sales office in this foreign country in order to better serve customers in that market.Although support personnel will be hired locally, three sales representatives from headquarters will be transferred to this office for a period of two years in order to get it “up and running.” The national sales manager has asked you to prepare a report outlining the intercultural communication issues that these sales reps likely will face.Your team will be required to research the business communication in this country and write a report to your Board of Directors that addresses the following that may play a role in impacting the success of these sales representatives in establishing an office in the country.1. Prevailing norms of communication2. Nonverbal communication, 3. High context and low context…
- Q1. Brooke is a 32-year-old, single investment banker who lives in an apartment in a large city. After a particularly long and difficult workday, she relaxed in her apartment by reading through one business magazine and two fashion magazines. When questioned by a researcher the next day, she could clearly recall two holiday ads and vaguely remembered one ad for a personal computer from among the nearly 80 ads she had seen in the three magazines. However, she could recount in detail the articles that she had read and even recalled the titles of articles she had not read. How can you explain this?When does an attempt exist?Please do one question each. So one question for situation question. Do for problem question…
- XYZ, shoe manufacturing company, was not fulfilling orders due to bad working condition in the factory The management of XYZ Corporation decided to launch an inquiry to find the actual reasons of this problem. Management found that orders were not being met due to the following reasons; • Huge noise created by machines • Production hall was not cleaned and it was leaving a very bad effect on the health conditions of workers, resultantly, they were unable to work efficiently and effectively. Due to the above mentioned two main reasons many shoes were being destroyed and ultimately causing order delays As a quality control manager, what changes would you suggest in the working environment of the Xyz Company so that It can overcome its problem of order delaying?"answer a & b6.When negotiating. the tendency is to want to win! Give two reasons why this is not a good approach when managing contracted relationships.
