All categories

2 years ago

Case 6.1 Demand for Gas Guzzlers

1 answer:

8 0

Question 1.: From the standpoint of an automobile company, what sources of information in this article offer secondary data?

Answer: The

National Automobile Dealers Association surveyed consumers

visiting its Web site for information about car purchases, and it

learned they ranked price as most important, followed by make and

model, then performance. Fuel economy ranked last, with 3 percent

considering it most important and 11 percent considering it least

important.

Question 2: Suggest two or three other sources of data that might be of

interest to auto companies interested in forecasting demand.

Answer: Data from Automotive News,General Motors, and data

from the shoppers who visit Web sites such as www.kbb.com to look

up information.

Question 3: Online or at your library, look for information about recent

trends in SUV purchases. Report what you learned, and forecast whether SUV sales are likely to recover or continue

Answer: I don't know your library.

Explanation: This took me so long to do. Now my back hurts and my eyes are blurry. Hope this helps!

You might be interested in

Technical skills: A. help you understand the potential and the limitations of information technology. B. help you work with end

Lera25 [3.4K]

Answer: A. help you understand the potential and the limitations of information technology

Explanation: Helping you understand some, if not all of the potential and limitations of information technology is among the usefulness of technical skills which are skills, abilities, knowledge or expertise that are needed to perform complex tasks, processes or actions that are computational, mechanical, scientific or relating to information technology. Examples include the knowledge of programming languages, mechanical tools, design programs etc.

3 0

3 years ago

The Greeson Clothes Company produced 25,000 units during June of the current year. The Cutting Department used 6,380 direct labo

ra1l [238]

Answer:

Cutting Department:

Rate variance = 6380*(10.9-11) = -638 Favorable

Time variance = 11*(6380-25000*0.25) = 1430 Unfavorable

Total direct labor cost variance = (6380*10.9)-(25000*11*0.25) = 792 Unfavorable

Sewing Department:

Rate variance = 9875*(11.12-11) = 1185 Unfavorable

Time variance = 11*(9875-25000*0.4) = -1375 Favorable

Total direct labor cost variance =(9875*11.12)-(25000*11*0.4) = -190 Favorable

4 0

3 years ago

Far Horizons, Inc. has experienced a lot of absenteeism and turnover among employees, particularly among ethnic and religious mi

ycow [4]

Answer:

Option D. Adjust working hours to accommodate workers' personal needs.

Explanation:

The reason is that discrimination is treating an employee unfairly on basis of employee's religion, color, etc. and treating them by implementation of policies would not make it violate the discrimination act if the company is already struggling hard to better manage the people by adjusting worker's personal needs which means now if they still are absent then they are accountable for their unethical deeds.

3 0

3 years ago

AIDA, the indirect strategy for persuasive messages, seeks to gain the attention, interest, ________, and action of the audience

alexgriva [62]

Answer: Desire

Explanation: AIDA model is widely used in marketing and advertising to describe the steps or stages that occur from the time when a consumer first becomes aware of a product or brand through to when the consumer trials a product or makes a purchase decision

AIDA is an acronym for Attention, Interest, Desire and Action. It is a model that assist to explain how an advertisement or marketing communications message engages and involves consumers in brand choice

It is one of the long standing model used in advertising and it is also known as hierarchy of effects model.

5 0

3 years ago

_____ leaders are agents of change because they develop an appealing vision of the desired future state, communicate that vision

GrogVix [38]

Answer:

The correct answer here is B) Transformational leader.

Explanation:

Transformational leadership style is a type of leadership, where a leader would work with its team so that a leader can identify changes that are needed, leader would create a vision to guide change through the inspiration and executes that change in tandem with committed team members. Transformational leader also helps in enhancing the motivation, job performance and morale of its team and followers through various mechanism like being a role model to others, connecting with teams sense of identity.

8 0

3 years ago