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jeka94
2 years ago
7

Some consumer researchers focus on one specific trait, such as conscientiousness, that exists across a number of consumers, to p

redict the adoption rate of new products. Which approach does this exemplify
Business
1 answer:
Ksju [112]2 years ago
7 0

Nomothetic perspective

<h3>What is nomothetic perspective?</h3>

A nomothetic approach aims to generate broad generalizations that take into consideration more extensive societal trends, which define the context of particular events, individual behaviors, and experience.

When doing nomothetic research, sociologists are likely to use big survey data sets or other types of statistical data, as well as quantitative statistical analysis.

<h3 /><h3>Advantages of a nomothetic approach:</h3>
  • To get representative results, large samples of people can be used.
  • There is a scientific process used, and the results of experiments may be trusted.

I understand the question you are looking for is this:

Some consumer researchers focus on one specific trait, such as conscientiousness, that exists across a number of consumers, to predict the adoption rate of new products. This is an application of which of the following approaches to studying consumer traits?

a. Idiographic perspective

b. Nomothetic perspective

c. Nominal perspective

d. Cognitive perspective

e. Ethical perspective

Learn more about other perspectives here:

brainly.com/question/14787269

#SPJ4

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High Plains Inc. manufacturers furniture in North Dakota. High Plains receives its wood from a lumber yard in Calgary. The lead
ArbitrLikvidat [17]

Answer:

a. On average, the number of boards they have on order  = 1,056 boards.

b. On average, the number of boards they have =560 boards.

c. Total holding cost per week = $140.

d. Holding cost incurred per board = $ 0.25.

Explanation:

In the question, the details given are:

Service level =96 %

Lead time =3 weeks

Weekly demand =150

Standard deviation=200

This is a case of variable demand and constant lead time

a. Reorder point =Demand during lead time +Safety stock

=Average weekly demand*lead time+z*sqrt(lead time)*standard deviation of weekly demand

=150*3+NORMSINV(0.99)*sqrt(3)*200

=450+1.7507*sqrt(3)*200

=450+606.46=1,056.46

=1,056 (nearest whole number).

On average, the number of boards they have on order  = 1,056 boards.

b. For a normal distribution,

z=x-mean/std deviation

z-value for a 96% confidence level = 2.05

2.05=x-150/200

x = 150+2.05*200=560

On average, the number of boards they have =560 boards.

c.Total holding cost per week=Average inventory *holding cost per week=560/2 *0.5=280*0.5 =$140

d.Holding cost incurred per board =Total holding cost /Number of boards =140/560 = $ 0.25.

5 0
3 years ago
If a bank benefits when a foreign currency declines in value, then the bank must be in a __________ position. The term below tha
Rzqust [24]
Short position (I think you were supposed to add answers)
8 0
2 years ago
The amount of money you can change to a credit card is called?
babymother [125]
Checking money is the amount of money.
4 0
3 years ago
Read 2 more answers
Buffalo National Corp. (BNC) is currently an all-equity firm worth $320 million with 50 million common shares outstanding. BNC p
balu736 [363]

Answer:

The solution as per the given problem is provided below throughout the explanation portion below.

Explanation:

The given values are:

Debt issued,

= 120

Pretax earnings,

= 80

Tax,

= 35%

All equity firm,

= $320

Number of common stock,

= 50

(a)

Balance sheet before the debt issue's announcement will be:

<u>Assets </u><u>                                 320</u>

<u>Debt   </u><u>                                    0</u>

<u>Equity  </u><u>                                 320</u>

then,

The total will be "320".

(b)

The per share price will be:

= \frac{Equity}{Number \ of \ common \ stock}

= \frac{320}{50}

= 6.40

or,

After tax, the net income will be:

= EBIT(1-t)

= 80(1-0.35)

= 80\times 0.65

= 52

(c)

The return on equity will be:

= \frac{Net \ income \ after \ taxes}{Value \ of \ equity}

= \frac{52}{320}

= 0.1625

or,

= 16.25 (%)

5 0
3 years ago
Select all that apply.
Dominik [7]

Answer:

Supply equals demand

Explanation:

Equilibrium is a situation which occurs when there is a balance between quantity demanded and quantity supplied.

5 0
3 years ago
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