Spreadsheet Modeling & Decision Analysis: A Practical Introduction To Business Analytics, Loose-leaf Version
8th Edition
ISBN: 9781337274852
Author: Ragsdale, Cliff
Publisher: South-Western College Pub
expand_more
expand_more
format_list_bulleted
Concept explainers
Videos
Question
error_outline
This textbook solution is under construction.
Students have asked these similar questions
Adrian is a General Manager for a downtown hotel in a major U.S. city. Angela is the Front Desk Manager at the same hotel. Adrian is arguing that selecting the best employees and training them properly will not ultimately result in profits and growth for the hotel. Angela disagrees. In this scenario:
A: Adrian is correct
B: Angela is correct
C: Both Angela and Adrian are correct
D: It cannot be determined who is correct based on the information above
Michael is the marketing executive of SHOPEE and he is planning to launch the 2.2.22 online SALE through price discounts, either 40% off or 20% off. He also learned that SHOPEE closest competitor LAZADA , is planning to promote also a 2.22.22 online SALE with price discounts , either 50% off or 30% off. If SHOPEE launches the 40% off, it will gain nothing. If LAZADA launches the 50% off or gain 8,000,000 if LAZADA launches the 30% off. If SHOPEE launches the 20% off, it will lose 2,000,000 if LAZADA launches the 50% off or lose 5,000,000 if LAZADA launches the 30% off.
1.Which strategy is dominated by SHOPEE depending on strategy of LAZADA?
A. 50% OFF
B. 40% OFF
C. 20% OFF
D. 30% OFF
E. NONE
2.What should be the strategy of LAZADA?
A. 50% OFF
B. 40% OFF
C. 30% OFF
D. 20% OFF
I need a full description of the role of each of these components listed below from 10-18 for " BLOOD PRESSURE THAT IS A WIRELESS, REMOTE MONITORING DEVICE THAT CONNECTS TO A SMARTPHONE APP WITH ACCURATE MEASUREMENTS". And by referring to the below table:
10. Reimbursement: Explain how the product will be reimbursed and any relevant insurance coverage.
11. Business model: Describe the business model for the product, including pricing, distribution, and revenue streams.
12. Marketing and sales: Explain the marketing and sales strategy for the product, including how you plan to reach your target audience.
13. Financial information: Provide financial projections for the product, including revenue, expenses, and profit margins.
14. Exit scenarios: Discuss potential exit scenarios for the product, such as acquisition or IPO.
15. The ask: Outline any funding needs for the product and how the funds will be used.
16. Management team: Introduce the management team and…
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, management and related others by exploring similar questions and additional content below.Similar questions
- I need help with this questionarrow_forwardRisk management is a fundamental practice within organizations aimed at identifying, assessing, and mitigating potential risks that could impact operations, finances, or reputation. In today's dynamic business environment, organizations face a myriad of risks, including market volatility, regulatory changes, cybersecurity threats, and natural disasters. Effective risk management Involves a systematic approach to evaluating risks, prioritizing them based on their likelihood and potential impact, and implementing strategies to manage or mitigate them. This often includes implementing policies, procedures, and controls to minimize exposure to risks, as well as transferring risk through insurance or other risk-sharing mechanisms. Additionally, organizations Invest in risk monitoring and surveillance systems to detect emerging risks and take proactive measures to address them before they escalate. Moreover, risk management encompasses fostering a risk-aware culture within the organization,…arrow_forwardInnovative Automotive is an automobile accessories company that has been in business for 15 years. The company’s director of research and development (R&D) has been asked by the president to develop a new product: an after-market accessory that attaches to any windshield wiper and helps solve the problem of removing bugs from the front windshield. This product needs to be developed, tested, patented (or patent-filed), and brought to market in 12 months. The R&D director, who has an industrial engineering background and a track record of successfully leading projects of this nature, has assigned you as an in-house project manager (PM) to this project. As the project manager: List the 3 primary characteristics of this product development project that qualify it to be considered a project. Describe a project initiation force that caused this project to be initiated. Explain why you chose the specific type of project. Summarize the project life cycle that will likely follow this…arrow_forward
- You are required to choose a business scenario that involves a complex problem needing thorough analysis. Use business analysis tools and techniques to dissect the problem, identify underlying issues, and propose actionable solutions.arrow_forwardA producer is responsible for: Group of answer choices only one is correct Managing copyrights and legal ownership of the music Distributing and marketing the album to mass audiences Capturing sounds and manipulating the various elements of recording technology Orchestrating, arranging, and designing all the sounds on an album An engineer is responsible for: Group of answer choices Managing copyrights and legal ownership of the music Distributing and marketing the album to mass audiences Capturing sounds and manipulating the various elements of recording technology Orchestrating, arranging, and designing all the sounds on an album The requirements for a good high fidelity recording are the exact same as the requirements for a good live performance. Group of answer choices True False According to Turino, the primary values of Studio Art Musicians are: (select ALL that apply) Group of answer choices Encouraging opportunities for audience participation Absolute control over the musical…arrow_forwardA small pet supply company assigns its sales manager to make the strategic decision regarding what blend of promotion methods the company should use for the coming year. Is the sales manager an appropriate choice for the role in this company?arrow_forward
- Comerstone Solutions, LLC. is deciding between developing an advanced thought-activated software, or a basic voice-activated software. Since the thought-activated software is complicated, it only has a 30% chance of actually going through to a successful launch, but would generate revenues of $50million if launched. The voice-activated software is simple and hence has a 80% chance of being launched but only generates a revenue of $10million. Assume that an unsuccessful product launch will generate no revenue. The complicated technology costs 10million, whereas the simple technology costs 2million. (However...) Suppose Cornerstone Solutions, LLC. learns that the complicated technology can be made more stable with a few tweaks increasing the price to 15.5 million and increasing the probability of a launch to 50%. Given the new costs and probabilities of launch for the complicated software, which technology would the firm rather invest in now? O The simple voice-activated software O The…arrow_forwardThe following information assumes that the CFA Institute Code of Ethics and Standards are applicable. Maria has recently joined the LLT group. Today a client approaches Maria for some investment advices on how to accumulate his personal wealth. Lenora, who is Maria’s supervisor, just walks past and overhears their conversation. Lenora asks Maria to convince the client to invest in a private equity fund. Maria has a different thought and believes the private equity fund could be too risky for the client. However, she wants to receive a good evaluation from the supervisor and hence she recommends the client to invest in the private equity fund for a good return. You are required to establish what is unethical and which Standard is most likely violated.arrow_forwardAhmed has recently joined as CEO at Muscat Oils LLC, a large Oil and Gas company based in Muscat. He invited Fatima, CIO of the company to discuss the status of Information systems used in the company. Some of the systems that they discuss during the meeting are given below. Company is using information system to maintain the required temperature and pressure in the oil fields. Whenever in any field the pressure crosses the standard limit, the censors inform the manager sitting in Muscat and they can take corrective action to control it. The managers remain in touch with their colleagues working remotely in the fields using Skype for business and Microsoft teams.Point of Sales terminal have been used at the sales department since 1985. Recently company has started using Business Intelligence in order to analyse the huge backup data.BI helps the company to obtain completive advantage by identifying the market trends and hidden pattern in the information that’s why company has decided to…arrow_forward
- Ahmed has recently joined as CEO at Muscat Oils LLC, a large Oil and Gas company based in Muscat. He invited Fatima, CIO of the company to discuss the status of Information systems used in the company. Some of the systems that they discuss during the meeting are given below. Company is using information system to maintain the required temperature and pressure in the oil fields. Whenever in any field the pressure crosses the standard limit, the censors inform the manager sitting in Muscat and they can take corrective action to control it. The managers remain in touch with their colleagues working remotely in the fields using Skype for business and Microsoft teams. Point of Sales terminal have been used at the sales department since 1985. Recently company has started using Business Intelligence in order to analyse the huge backup data.BI helps the company to obtain completive advantage by identifying the market trends and hidden pattern in the information that’s why company…arrow_forwardAnswer the questions based on the case. Alia is a salesperson in an electronics company. At a recent trade exhibition, she met a supplier that was willing to supply her company with a product on an exclusive basis (i.e., available to her company only) that could offer in the business marketplace. The product in question has already been successfully developed and tested and – yet – is not being sold on the market. Alia knows from speaking to the customers that there is demand for such a product and it would plug a gap in her company’s product portfolio and give the company a significant competitive advantage. Then, Alia approach the product management division with all her idea, and, to her surprise, they are very unenthusiastic and reject the idea, stating “We always develop our products in-house in this department – it would cost the company far too much to set up the processes to buy in a product from outside”. Question2. Advise Alia on how to recognize the opportunities in…arrow_forwardAnswer the questions based on the case. Alia is a salesperson in an electronics company. At a recent trade exhibition, she met a supplier that was willing to supply her company with a product on an exclusive basis (i.e., available to her company only) that could offer in the business marketplace. The product in question has already been successfully developed and tested and – yet – is not being sold on the market. Alia knows from speaking to the customers that there is demand for such a product and it would plug a gap in her company’s product portfolio and give the company a significant competitive advantage. Then, Alia approach the product management division with all her idea, and, to her surprise, they are very unenthusiastic and reject the idea, stating “We always develop our products in-house in this department – it would cost the company far too much to set up the processes to buy in a product from outside”. Questions. What Alia can do to argue or persuade the product…arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Practical Management ScienceOperations ManagementISBN:9781337406659Author:WINSTON, Wayne L.Publisher:Cengage,
Practical Management Science
Operations Management
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:Cengage,
Inventory Management | Concepts, Examples and Solved Problems; Author: Dr. Bharatendra Rai;https://www.youtube.com/watch?v=2n9NLZTIlz8;License: Standard YouTube License, CC-BY