Which of the following is good advice about creating research questionnaires for Mark Hammel, research specialist at New Wave Data, to follow? Which of the following elements of a questionnaire is designed to apply any restrictions that exist on the desired respondents for the survey? The brand manager of Wee Won, a brand of stylish infant and toddler clothes sold at upscale shops in urban and suburban settings, has experimented with increasing the price of several items in the Wee Won line. Sales of these items did not decrease with the new, higher prices. It is most accurate to say that Wee Won customers have exhibited: Which of the following is true about a simple random sampling? The middle level of brand positioning is: For a fee, some companies __________ names or symbols previously created by other manufacturers, characters from popular movies and books, or works of art–any of which can provide brand equity. Managers often start with __________ research and later follow with __________ research. Of the types of brand loyalty, which one leads to a higher relative price? Businesses selling to other businesses tend to discuss more __________ when presenting their product and services than business-to-consumer brands do. Which of the following identifies a major concern regarding Internet marketing research? The total financial benefit that results from owning a brand is quantified through the process of brand: Which of the following should a company LEAST expect as a benefit resulting from co-branding? Which of the following is NOT an aspect of Internet research panel management? Brand __________ is the set of associations that consumers hold in memory regarding a brand’s features, benefits, users, and perceived quality as a result of prior brand marketing activities. AMF Research Group must guard against problems during the phase of conducting marketing research for its clients. Which of the following is NOT a problem that should be anticipated for data collected through interviews during this phase? While preparing the marketing plan for a new product line called Nature& Nurture, Jonas wrote the following: “Nature & Nurture toys provide learning experiences that stimulate young children’s senses and open up a world of discovery for the youngest of learners.” This statement belongs in the __________ section of the marketing plan. Information about which of the following would MOST likely be included in the marketing mix component of the marketing strategy? In addition to the elements that are usually included in a business plan, a start-up business would also need to include information on: Based on the sample in your textbook, which of the following is LEAST likely to be included in an implementation schedule? Which of the following is a relatively recent development that optimizes the online advertising potential for products and services? In considering whether to select more than one customer segment as a target market, a company would be LEAST likely to consider which of the following? __________ is communicating a product or service message to as broad a group of people as possible with the purpose of positively influencing sales. Which of the following is the BEST advice about business plans for Paul, who has a great idea for a start-up business but will need substantial external financing to get started? The business segmentation variable of __________ refers to where power resides in an organization. In a marketing plan, the __________ section includes the anticipated outcomes based on achieving predefined market goals. Which of the following criteria is it MOST important that a group satisfy in order to be considered a true segment? Average cost per transaction is needed to determine: | | https://eazyweezyhomeworks.com/wp-content/uploads/2020/09/logo-300x75.png 0 0 admin https://eazyweezyhomeworks.com/wp-content/uploads/2020/09/logo-300x75.png admin2020-09-26 14:12:452020-09-26 14:12:45Due Today 05/25/2016, Principles of Marketing Test 5 Chapter 11 2. Ajax Cleaning product is a medium sized firm operating in an industry dominated by one large firm-title King Ajax produces a multithreaded tunnel wall scrubber that is similar to a model produced by Tile King. Ajax decides to charge the same price as Tile King to avoid the possibility of a price war. The price charged by Tile King is $20,000. Ajax has the following short-run cost curve: TC= 800,000-5,000Q + 100Q² (A) Compute the marginal cost curve for Ajax (B) Given Ajax pricing strategy. What is the marginal revenue function for Ajax 4. Unique Creations holds a monopoly position in the production and sale of mag-nometers. The cost function facing Unique is estimated to be TC= 100,000+20Q a. What is the marginal cost for Unique b. If the price elasticity of demand for Unique is currently -1.5, what price should Unique charge c. What is the marginal revenue at the price computed in part (b) 6. Wyandotte Chemical Company sells various chemical to the automobile industry. Wyandotte currently sells 30,000 gallons of polyol per year at an average price of $15 per gallon. Fixed costs of manufacturing polyol are $90,000 per year and total variable costs equal $180,000. The operation research department has estimated that a 15 percent increase in output would not affect fixed costs but would reduce average variable costs by 60 cent per gallon. The marketing department has estimated the arc elasticity of demand for polyol to be -2.0 a. How much would Wyandotte have to reduce the price of polyol to achieve a 15 percent increase in the quantity sold? B. Evaluate the impact of such a price cut on (i) total revenue, (ii) total costs and (iii) total profits Chapter 12 1. Assume that two companies (C and D) are duopolists that produce identical product. Demand for the products is given by the following liner demand function P= 600 –Qc-Qá´° Where Qc and Qá´° are the quantities sold by the respective firms and P is the selling price. Total cost functions for the two companies are TCc= 25,000 + 100Qc TCá´°= 20,000 + 125 Qá´° Assume that the firms act independently as in the cournot model (i.e. each firm assumes that the other firms output will not change). a. Determine the long-run Equilibrium output and selling price for each firm. b. Determine the total profits for each firm at the equilibrium output found in part (a) 2. Assume that two companies (A and B) are duopolist who produces identical products. Determine for the products is given by the following liner demand function P= 200 – Qá´¬-Qá´® Where Qá´¬ and Qá´® are the quantities sold by the respective firms and p is the selling price. Total cost functions for the two companies are TCá´¬ = 1,500+35Qá´¬+Q²ᴀ TCá´®= 1,200 + 20Qá´® + 2Q²ᴃ Assume that the firms act independently as in the Cournot model (i.e. each firm assumes that the other firms output will not change). a. Determine Firms A, Firm B, and total industry profits at the equilibrium solution found in part (a) 5. Alchem (L) is the price leader in the polyglue market. All 10 other manufacture (follower [F] firms) sell polygue at the same price as Alchem. Alchem allows the other firms to sell as much as they wish at the established price and supplies the remainder of the demand itself. Total demand for polygue is given by the following function (Qá´›=Qá´Œ+ Qᶠ) P=20,000 – 4Qá´› Alchem’s marginal cost function for manufacturing and selling polygue is MCá´¸=5,000+5Qá´¸ The aggregate marginal cost function for the other manufacture of polygue is ∑MCᶠ=2,000 + 4Qᶠa. To maximize profits, how much polygue should Alchem produce and what price should it charge? b. What is the total market demand for polygue at the price established by Alchem in part (a)? How much of total demand dot he following firms supply? | UNIV201-1501B-16 Career Planning and Management | | Task Name: | Phase 5 Individual Project | | Deliverable Length: | 500–800 words | | Details: | Weekly tasks or assignments (Individual or Group Projects) will be due by Monday, and late submissions will be assigned a late penalty in accordance with the late penalty policy found in the syllabus. NOTE: All submission posting times are based on midnight Central Time. The most successful careers generally do not just happen—they are built through consideration and planning. You are likely in school because you want to build your future career success. And YOU are making that happen right now! Education is one valuable part of the career success equation, but what other things do you need to find career success? Reflect on each of the following areas and answer the questions to explore how each may potentially influence your career success and what you can do to address it now: Work Experience When considering recent graduates for jobs, employer surveys have shown that employers place more emphasis on work experience—especially experience gained while in school—than they do on academic credentials (such as GPA and major). Reflect on your level of experience to see how you will stack up against the competition when you are ready to enter the job market and think about what you can do to ensure success: - Do you currently have experience in your target career field? If so, how many years and what type of experience? How will this experience help you as you advance your career? (If you are not yet sure of your specific career target, than make a note of that, and pick a field you might be considering from your research in Phase 2 of the class.)
- If you do not yet have experience in your target career, what are some of things you will do to get experience (volunteer, internship, job shadowing, etc.)? How might you find ways to gain experience? Where would you want to do this? When would you ideally want to start getting your experience? If you are advancing in your current career, how will you gain new experiences to help get you to the next level?
- What are some of the resources and support you might have available to you to help you create a plan to get experience?
Relationships As you explored in your Discussion Board assignment for this phase, relationships matter when it comes to career success. Networking is not just for people who are looking for a job, but for everyone, and the best time to build your relationships and network is now. Reflect on what you can do now to continue to build your network: - Everyone has a different comfort level when it comes to networking. On a scale of 1–10 (10 being extremely comfortable), how comfortable are you personally with networking, and why? In what ways do you think you could increase your comfort level score by just one point?
- Based on what you have explored and learned throughout this course, how well-established do you think your network is? Are there people you never thought of as being in your network but now realize they are? If so, how might you let them know that you consider them as a part of your network!?
- How might you add new people to your network?
- Do you have your profile on a professional networking site? If not, what are your future plans for capitalizing on this tool? As with everything on the Web, you want to make sure anything you publish online represents you well. Employers and important people are searching for you now. How will you make sure your future—or current—professional networking profile is showing your professional brand well?
Final Questions - What was it like for you to answer these questions (easy, hard, scary, exciting, etc.), and why?
- Did you know you have your own dedicated career coach assigned to you to support you through every phase of your career? How do you think having a professional career coach as your partner will help you find career success? What will you do to tap into this resource?
- If you do not yet know all the answers, or want to learn more about how you can ensure your future career success, what will you do?
- What obstacles and challenges do you anticipate as you continue your career planning and management?
- What steps will you take in the next month to continue to ensure your career success?
Remember, you have your own dedicated career coach to help you now or even long after you graduate and continue to advance in your career. Make sure you are tapping into this resource and partnership for your career success. You can contact your career coach today to schedule a phone appointment by e-mailing [email protected]. |
Problems need to include all required steps and answer(s) for full credit. All answers need to be reduced to lowest terms where possible. Answer the following problems showing your work and explaining (or analyzing) your results. Submit your work in a typed Microsoft Word document. 1. The final exam scores listed below are from one section of MATH 200. How many scores were within one standard deviation of the mean? How many scores were within two standard deviations of the mean? 99 34 86 57 73 85 91 93 46 96 88 79 68 85 89 2. The scores for math test #3 were normally distributed. If 15 students had a mean score of 74.8% and a standard deviation of 7.57, how many students scored above an 85%? 3. If you know the standard deviation, how do you find the variance? 4. To get the best deal on a stereo system, Louis called 8 out of 20 appliance stores in his neighborhood and asked for the cost of a specific model. The prices he was quoted are listed below: $216 $135 $281 $189 $218 $193 $299 $235 Find the standard deviation. 5. A company has 70 employees whose salaries are summarized in the frequency distribution below. Salary | Number of Employees | 5,001–10,000 | 8 | 10,001–15,000 | 12 | 15,001–20,000 | 20 | 20,001–25,000 | 17 | 25,001–30,000 | 13 |
a. Find the standard deviation. b. Find the variance. 6. Calculate the mean and variance of the sample data set provided below. Show and explain your steps. Round to the nearest tenth. 14, 16, 7, 9, 11, 13, 8, 10 7. Create a frequency distribution table for the number of times a number was rolled on a die. (It may be helpful to print or write out all of the numbers so none are excluded.) 3, 5, 1, 6, 1, 2, 2, 6, 3, 4, 5, 1, 1, 3, 4, 2, 1, 6, 5, 3, 4, 2, 1, 3, 2, 4, 6, 5, 3, 1 8. Answer the following questions using the frequency distribution table you created in No. 7. a. Which number(s) had the highest frequency? b. How many times did a number of 4 or greater get thrown? c. How many times was an odd number thrown? d. How many times did a number greater than or equal to 2 and less than or equal to 5 get thrown? 9. The wait times (in seconds) for fast food service at two burger companies were recorded for quality assurance. Using the data below, find the following for each sample. a. Range b. Standard deviation c. Variance Lastly, compare the two sets of results. Company | Wait times in seconds | Big Burger Company | 105 | 67 | 78 | 120 | 175 | 115 | 120 | 59 | The Cheesy Burger | 133 | 124 | 200 | 79 | 101 | 147 | 118 | 125 |
10.What does it mean if a graph is normally distributed? What percent of values fall within 1, 2, and 3, standard deviations from the mean? This is a homework discussion question. In this assignment, you will read about, “skill gaps,†(the skills people have as opposed to the skills that employers need to fill available jobs), writing a resume and cover letter, find a job opening that looks interesting, and then write a resume and cover letter for that job. Start by reading the following scholarly articles in ProQuest and below. The readings explain how to write an effective resume and cover letter that includes your abilities to acquire new skills. Read the case information about “skilling-up†below: “Skill Up” to Land that Job†News abounds about a “skill gap,” or the difference between the skills people have as opposed to the skills that employers need to fill available jobs. The job resource website Quintessential Careers offers this advice to help close an individual’s skill gap. - Look at certification or technical training programs as ways to acquire new skills. Professional associations or community colleges are excellent resources for building competencies.
- Become an apprentice. Some professions such as electronics, plumbing, or machining offer paid apprenticeship programs.
- Volunteer at a nonprofit. It’s a great way to gain knowledge about how to use databases, build websites, and learn accounting procedures that you can transfer to a paying position.
- Freelance. Expand your skills on the Internet as a freelancer, a contractor, or a “micropreneur.”
Remember that old saying: Anything that’s worth having is worth fighting for. Be ready to fight to land that job. Critical thinking and discussion: How can you leverage your current talents to earn money while you look for a job in your chosen field? Besides learning new skills at an unpaid position, what else can you gain from volunteering? Why is it important to constantly update your skills? Hinton, S. (2011, Nov. 7). 4 ways 6 Resume Writing Tips for Business School Grads Jada, A. G. (2012, 6 résumé writing tips for business school grads. U.S.News & World Report, , 1. Retrieved from http://search.proquest.com/docview/1015365544?accountid=28844.http://www.usnews.com/articles/education/top-business-schools/2012/04/11/6-resume-writing-tips-for-business-school-grads.html Resumes, applications, and cover letters Khoo, V. (2012). How to… write winning cover letters and résumés. Charter, 83(5), 44-45. Retrieved from http://search.proquest.com/docview/1023445351?accountid=28844 Case AssignmentAfter reading the information about “skilling up,†go to an employment website (such as Monster.com, usajobs.gov, etc.) and find a job opening that interests you. Following the guidelines from the above readings, write a resume and a cover letter applying for the job. Hand in the job ad, the resume and the cover letter. Remember and apply what you’ve learned so far on persuasion and writing letters. Your resume and cover letter will be graded on how much and how well you apply ideas from the readings. Submit your assignments by the module’s due date. Assignment ExpectationsYou should submit a copy of your job advertisement, a well-written resume, and a well-written cover letter. These documents should apply what you have learned in the course. You should also submit a well-written summary that discusses the following three questions: How can you leverage your current talents to earn money while you look for a job in your chosen field? Besides learning new skills at an unpaid position, what else can you gain from volunteering? Why is it important to constantly update your skills? Your essay should include an introduction and a conclusion, and also make use of the Background Info, utilizing correct citation and reference style. The following is an additional question. A paragraph is fine. You have received an email from a graduating student, the son or daughter of an acquaintance. This young person wants advice: How does he or she get a job like yours? The student asks, “What do I have to do? What is the most important advice you can give me? Was there an element of luck in your career choice, and your success? If so, can you explain to me what it was?” Compose the two or three paragraph reply. Be clear, concise, logical and effective. You are free to advise the student to either pursue your career, or to avoid it. Set these paragraphs off in quotation marks. Following your reply, explain exactly you think it is effective. As before, you should make full use of the module sources, providing citations and references as necessary. |
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