Conjoint studies are run to understand how
consumers make TRADEOFFS. Tradeoffs is a technique wherein the person
literally reduce an outcome in order to achieve a more desirable result that is
beneficial to that person. In conjoint studies, people will weigh the product
by its features and uses and will choose what is the most preffered feature to
the least preferred feature.
Answer:
d. Shopping
Explanation:
Based on the scenario being described within the question it can be said that this flight is an example of a shopping product. This term refers to a product that consumers purchase very rarely, and because of this choose to compare prices between all the available options in the market because they do not know what a regular price range actually is for that product.
Answer:
E) 51 days
Explanation:
Calculation of length of the cash cycle after the changes.
As given:
Current cash cycle = 51 days.
Decreases its receivables period by 3 days
Increases its inventory period by 4 days.
Increases its payables period by 1 day.
Hence,
Cash cycle = 51 days - 3 days + 4 days- 1 day
Cash cycle = 51 day
Therefore the cash cycle after the changes will be 51 days
Answer:
there are not enough subpoints for each main point