ionAll the following questions are appropriate fordetermining product/service desirability EXCEPT:Select one:O a.O b.O c.Does it make sense?Is the product or service economically viable?Is now an appropriate time to launch theproduct or service?O d. Are there any fatal flaws in the basic design orconcept of the product or service?A favourable set of circumstances that creates a needfor a new product, service, or business is referred to4

Determining the desirability of a product or service is crucial for its success in the market.…

Answered: All the following questions are…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Value Proposition at Brenco GPS Security Solution A value proportion defines the product or service that an enterprise is producing with the aims at resolving customer pain or fulfilling a need of a customer segment. Brenco is a security and GPS service providers, reputable in the deployment of digital tracking devices. Brenco has proposed to produce and distribute a small GPS tracking device that you can attach to your bicycle, cars, luggage or other valuables and in the event of loss of theft it will locate the items. The value proposition we offer is the ability to track your valuable objects. Requires: As a senior business analyst at Brenco, you are required to identify and explain the set of features embedded in the value proposition of GPS tracking device
COMPANY FOREVER 21 WRITE THE Customer Value Proposition (A brief statement of how you will add value to the prospect’s business by meeting a need or providing an opportunity. Include a brief description of the product or servic) A. Product/Services that delivers value: B. Value proposition statement:
2. Come up with a decision using each of the different criteria under conditions of uncertainty using the table below. The payoff values are expressed as LOSSES and alpha = 0.5 State of Nature (Production Rate) Alternatives Very Low Low Moderate High Machine Brand A Machine Brand B Machine Brand C Machine Brand D Machine Brand E 163 125 -87 -19 58 128 -90 -59 36 40 185 -21 13 -56 -71 106 11 48 -55 107 Machine Brand F -98 -94 -24 Machine Brand G -33 176 165 16
A shop will decide to sell either product A or B or C in the coming season. Demand in that season can be high, average or low. Payoff table below shows the related returns in TL. You will create your own data for Product B row:)) States of nature Alternatives High demand Average demand Low demand Product A 2000 1000 -200 Product B Product C 1000 500 400 a. What would be the decision according to Minimax Regret? b. What is the maximum amount of money the company should pay for perfect information? (Assign probabilities for high, average and low demand)
Which is larger, Ws or Wq? Explain.
CASE STUDYFrom Holiday Inns to the InterContinental Hotels GroupThe history of the Holiday Inn motel chain is one of the great success stories in United States business. Its founder, Kemmons Wilson, while vacationing in the early-1950s, found the motels he stayed in to be small, expensive, and of unpredictable quality. This discovery, along with an unprecedented amount of highway travel due to the new, integrated interstate highway program, triggered a realization: there was an unmet customer need—a gap in the market for quality accommodations. Holiday Inn was founded to meet that need. From the beginning, Holiday Inn set the standard for offering motel features such as air-conditioning and icemakers while keeping room rates reasonable. These amenities enhanced the motels’ popularity, and motel franchising, which was Wilson’s own invention, made rapid expansion possible. By 1960, Holiday Inn hotels could be found in virtually every major city and on every major highway. Before the…
Summarize examples 1.1 by determining the statement of the problem, objectives, choice of the response, variable, factors, design process. thank you
Smart Key Co.Ltd. Is planning to launch the newly invented Laser keyboard that lets you convert any surface into a keyboard. The keyboard connects to any devices with a Bluetooth such as your iPad or cellphone. In making the product available in the market, the company is seeking your advice in the following issues. 1. Analysis of Consumer Behavior & Decision Making of the product 2. Dissuss in details of STP of the products.
6- Which one of the following variable, the firm can influence directly? a. Competition b. Consumers c. Store location d. Technology
10. Factors influencing opportunity exploitation are customer value of product or service, stakeholder support and capable management team * True O False
5. Business Feasibility Analysis of the demand (include highlights of the findings of the market feasibility study), risk (include business and market risks), environmental impact. 6. Justification of the Business Economic, social and personal benefits.
CHAPTER 8 ASESSEMENT DIRECTIONS: PROVIDE COMPLETE RESPONSES TO THE FOLLOWING QUESTIONS 1. Describe the difference between programmed and non-programmed decisions. What are the implications of these differences for decision makers? Focu ces cibility: Unavailable 55°F DOLL Feb 12, 2022, 12:34 PM

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