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- Compare and contrast Jevon’s and Gossen’s view of the equimarginal rule for maximizing consumer utility. Which approach best captures the current state of knowledge in microeconomic theory? Why?Tom is a retail manager who's training one of his seasoned salespeople on the features and benefits of a new product the company will be carrying. What training method is Tom using? A. Behavior modeling B. Role rotation C. In-basket technique D. On-the-job training Give justification for your answerWhich of these is the rate at which sales opportunities are closed, as expressed by a percentage?lead-covert ratiolead-close ratioopportunity-win ratiorate-sales ratio
- An important trade-off you’re recently faced Describe an incentive your parents offered to you in an effort to influence your behavior.Question 5 Persuasion targets an attitude, opinion or perspective change. True False Question 6 Which of these is not true of narrative as persuasion?A model of saintlihood and altruism, when Mother Teresa accepted the Nobel Prize for Peace in October 1979 and decided to use the $190000 award to build a hospital for the treatment of people with leprosy, was she acting in her own interests? was she behaving selfishly? was she economizing?
- Can ethnocentric predisposition result in Cultural and Marketing Myopia? Justify your answer with an example.For Group A the cost of attaining an educational level y is CA(y) = $6,000y and for Group B the cost of attaining that level is CB(y) = $10,000y. Employees will be offered $50,000 if they have where y* is an education threshold determined by the employer. They will be offered $130,000 if they have An employer who only wants to hire individuals who find learning less costly can do so by choosing y* to be anywhere between:In an online business, which of the following can beclassified as an opportunity?A.Well known blogger patronize your products. B.Discover a new level of marketing that ca increase yoursalesC.Customer are supportiveD.Difficulty in distributing products to rural areas
- What changes should be made in car crash testing to make cars safer for all occupants? Why do you think these changes haven’t been made yet? What other examples of male bias can you think of? How would you solve these problems? Would having more women in positions of leadership help solve these problems? Why or why not?Show soultionIdentify determinant (shifters) for each scenario