Explain the term Rational appeals?

Q: List and discuss the various response models

A: Various response models in marketing are:1. AIDA Model2. Hierarchy of Effects Model3. Innovation…

Q: Explain evaluative criteria and their measurement.

A: We can say that there many projects that are otherwise referred to as constituent projects. So we…

Q: In this sentence, we're going to talk about an FMS option.

A: Conversion of raw materials into finished material is called the manufacturing process. The…

Q: What does "FMS option" refer to?

A: An flexible manufacturing syatem (FMS) is a profoundly mechanized OT machine cell. comprising of a…

Q: Define the term Decision Criterion?

A: Decision criteria and basically principles, requirements or guidelines which helps in decision…

Q: DEFINE Causal models

A: Causal methods used to develop model based on the best statistical relationship between a dependent…

Q: Opportunity characteristics of mobile car detailing business during covid 19 pandemic.

A: The needs and desires of the people are turned into goods and services by the companies. It is…

Q: Give TWO examples of Venture/Companies that have used the Effectuation Principles and how did they…

A: Effectuation Principles Lemonade principle: Mistakes and amazements are inescapable and can be…

Q: Define demonstration?

A: Demonstration is a method which can be used in any field be it science, commerce, or the arts. It…

Q: Write one advantage and disadvantage of Multiple Choice Questions ?

A: Multiple choice questions are those questions that have many options to answer and one correct…

Q: What are epistemic risks and non epistemic risks and examples of each.

A: Risk is present in even smallest decisions that businesses make and risks are seen as a very…

Q: Explain the term Problem recognition?

A: The decision-making process starts from the minds of the customers. This process involves figuring…

Q: What are the differences between compensatory andnoncompensatory decision rules?

A: Consumers decision making while buying products/services are carefully observed by the marketers.It…

Q: ill mean

A: The meaning of ill is as follows

Q: Describe two build-up approaches comparing and constrasting their advantages and disadvantages.

A: Build-up approach is a decision making approach which helps in taking better decisions using…

Q: What does having an FMS option mean?

A: A Flexible Manufacturing System (FMS) is a production method designed to easily adapt to changes in…

Q: Describe the features of an Ad Hoc Sensitivity Analysis.

A: Ad Hoc Sensitivity Analysis Ad Hoc Sensitivity Analysis is one of the processes of Business…

Q: Explain the hawthrone effect breifly?

A: The Hawthorne Effect is the tendency of people who are the subjects of an experimental study to…

Q: Define Extended problem solving?

A: Every customer will try to purchase the best item for him. Depending on the product every customer…

Q: DECISION FRAMEWORK CONSTRAINTS

A: Various departments of the firm work to accomplish the organizational goals. There could be various…

Q: What is a functional allowance?

A: Employment: It portrays a concord between the company and an employee. An employee is permitted to…

Q: What are the criteria for assessing LHR violations?

A: Sаying  thаt  yоu  hаve  nо  humаn  rights  аbuses  in  yоur  suррly  сhаin,  аnd  асtuаlly  being…

Q: Can a low involvement product be converted into a high involvement one?

A: Low involvement products are those type of products where consumer does not spend much time in…

Q: What is the major drawback of the criterion?

A: Criterion are the standards by which people can judge or decide something. A rule of principles are…

Q: What are the main uncontrollable factors thatinfluence the desired state?

A: The main uncontrollable factors that influence the desired state are:

Q: Does having an FMS option imply anything?

A: FMS option can have an ambiguous nature in terms of business; some of the possible intent of the…

Q: Define the term Selective distortion? Whendoes it occur?

A: The interpretation of information according to one's own beliefs and perceptions is known as…

Q: Differentiate between Minor and Excessive Gharrar with examples of each.

A: Gharar - Gharar is an Arabic word that is associated with uncertainty, deception, and risk. Gharar…

Q: sensitivity analysis

A: Sensitivity analysis is the technique that is used by the management in order to know how the values…

Q: Explain how the Pareto phenomenon applies to:a. Preventive maintenance

A: Pareto phenomenon can be applied as preventive maintenance or breakdown maintenance.

Q: Explain and

A: Talking about the acceptance-rejection method then, it is a way to stimulate samples from an unknown…

Q: Define the term selective exposure?

A: Selective exposure refers to a scenario whereby an individual intends to discard all those messages…

Q: Explain the rational decision making process, the role of Evidence-Based Management and how decision…

A: Rational decision making process can be explained as the process of multi steps where by the company…

Q: Give an example each for Rational appeals?

A: The act of argument or presenting the real facts about the product at the time of promotion is…

Q: What the term FMS option?

A: In any manufacturing or service provider company, quality and cost are important elements.…

Purchase Process

Purchasing refers to the act of procurement of products or services from a market of resources. The procedures used to accomplish the acquisition of the requisite resources are referred to as the purchasing process. Consumer behavior, customer strategy, product pricing, consumer necessity, and other variables are various parts of the process.