Describe the value equation and provide an example. Discuss what evaluative criteria is and what determinant criteria is provide an example of each, Describe 2 factors affect evaluative criteria. Describe the difference between compensatory rules an non-compensatory rules.
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Chapter 13
Describe the value equation and provide an example.
Discuss what evaluative criteria is and what determinant criteria is provide an example of each,
Describe 2 factors affect evaluative criteria.
Describe the difference between compensatory rules an non-compensatory rules.
Step by step
Solved in 3 steps
- Describe the value equation and provide an example. Discuss what evaluative criteria is and what determinant criteria is provide an example of each, Describe 2 factors affect evaluative criteria. Describe the difference between compensatory rules an non-compensatory rules.1. Which of the following is not one of the three principles of a fair process? Clarifying thinking behind a decision. Budgetary restrictions Involving individuals in decision making. Clarifying expectations such as new rules or consequences. 2. When an organization discriminates through the use of a process, affecting protected group as a whole, rather than consciously intending to discriminate, it is called ________________________. bona fide occupational qualification disparate impact disparate treatment 3. Which of the following is an internal factor associated with forecasting and planning for human capital needs? shifts in population changes in laws sales increases or decreases competitionL. P. Manning CorporationIn March 1991, the marketing division of the L. P. Manning Corporation performed a national survey to test the public’s reaction to a new type of toaster. Manning had achieved success in the past and established itself as a leader in the home appliance industry.Although the new toaster was just an idea, the public responded favorably. In April of the same year, the vice presidents for planning, marketing, engineering and manufacturing all met to formulate plans for the development and ultimately the production of the new toaster. Marketing asserted that the manufacturing cost must remain below $70 per unit or else Manning Corporation would not be competitive. Based on the specifications drawn up in the meeting, manufacturing assumed marketing that this cost could be met.The engineering division was given six months to develop the product. Manning’s executives were eager to introduce the product for the Christmas rush. This might give them an early foothold on a…
- Their board of directors in 2014 was delighted with their cash flow and profits. However, they were concerned about future growth because of changing diets of many consumers who had become more concerned about consuming milk-based products. The company had already added low-fat versions of the major products but the board members were concerned that this would not be sufficient to sustain their growth and profits. Some possibilities that were suggested for consideration included (1) setting up a new company to produce non-dairy-based products such as almond milk and other alternatives to cow milk. All the new products would have a healthy “spin” such as the White Wave company; (2) market expansion of their existing product lines into Mexico and Central America; (3) expanding their current product offerings by adding ice cream, high-end cheeses made from goat and sheep milk, and high-end milk-based candy; and (4) a combination of one or more of these alternatives. 1. Evaluate all…a. Based picture, create table showing the PS = RQ = RO. b. Create each problem statement that focusing on product quality, product price and product promotion. c. Give an issue on each problem statement.Q1) Ahmed's interest was cricket. When he finished university, he wanted to work in a management job. He wanted to do his research project on some aspect of general management and social sciences, preferably for a sports goods manufacturer but had no research idea. He asked five friends, all taking business education degrees, to help him brainstorm the problem. You are requested to use the following problem-solving techniques to generate and refine the research idea in this business scenario. i) The technique of Brainstormingii) The Delphi technique
- Which of the following is the fourth step in the decision making process? a.Identify decision criteria b.Allocating weight to each criteria c.Developing Alternatives d.Selecting AlternativeChapter 14 discusses the types of consumer decisions.a. Which type(s) of decision making would purchasing a sandwich from a quick service restaurant(QSR) be?b. Which type of decision making are marketersat Wawa hoping that the mobile app willencourage consumers purchasing a sandwichfrom a QSR to be?c. Assume that purchasing a sandwich from a QSRis categorized as nominal decision making in agiven situation. Which of the two categories ofthis type of decision making is purchasing a sandwich from a QSR most likely to be? Why?To understand the value of parental involvement in XYZ primary schools, we conducted a survey collecting the opinions of 15 parents, 15 teachers and 15 students. This study aims to uncover various aspects of parental involvement, academic achievement, and its impact on student learning. Based on interviews with teachers parents and student questions, the collection offers a variety of perspectives and opinions that form a picture of the current situation in the school community.But it is important to look at the findings critically and acknowledge the biases inherent in the data collection process. The self-report form of a social desirability survey where participants can adjust their answers based on social desirability. Additionally, even if teachers' perspectives are helpful, they may be subject to negative studies that may lead to perceptions of family involvement. arrow_forward Step 2: Explaining require specific software or tools. Please be aware that some…
- subject: Quantitative Analysis For Business Please answer both. 18. A pizza restaurant would like to add fresh ingredients which are available during the summer to the menu. Only three items may be added, which is a first-time offer to patron. There are five menu items under consideration: spinach salad, cucumber cocktail, stuffed olives, steamed broccoli, and fried eggplant. A survey is underway to measure patrons' preferences. Which step of the decision model does the survey represent? Choosing the best alternative Generating alternatives Listing alternatives Evaluating alternatives An athletic equipment store offers an annual clearance sale every May. The store sells all the accumulated overstocked and discontinued items that have been stored in a warehouse for the last 12 months. Because there is so much inventory, the sale is usually held in the store's parking lot; however, it has rained several times during the event in the past, and the store's owner is considering changing…1.Position mapping can be used for all of the following exceptA. Determining a brand's position relative to the competition.B. Determining which positioning strategy should be used.C. Determining where to position a particular brand.D. Identifying gaps that arc not being addressed by any brand. 2.Brands can be mapped on a positioning map based onA.who purchases each brandB. Their most significant attributesC.the positioning strategy used by each brandD.the brands marketing strategies 3.Wal-Mart advertises the savings and value of shopping at Wal-Mart because of theirlive better, save money' tagline, This is an example of ____ product positioning. A.attributo/benchtB.price/qualityC.use or applicationD. product user 4.The _____ positioning strategy uses a good or service attribute or benefit to positionthe product in the consumer's mind relative to the products of the competition. A.attribute/ benefitB.price/qualityC.use of applicationD. Product class 5.The two major demographic…ahmed's interest was crick. when he finished university, he wanted to work in a management job. he wanted to do his research project on some aspect of general management and social sciences, preferably for a sports goods manufacturer but had no research idea. he asked five friends, all taking business education degrees, to help him brainstorm the problem. you are requested to use the following problem-solving techniques to generate and refine the research idea in this business scenario. a) the technique of brainstorming b) the Delphi technique