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Ivenika [448]
3 years ago
12

Sony Corporation conducted a series of consumer use tests in the 1990's in which consumers were given samples of its experimenta

l digital camera. Participants were instructed to use the camera for all their picture-taking for the next 30 days. At the end of that time, participants were asked to a focus group session in which they were encouraged to elaborate on their usage experiences. Sony hoped that ideas for product modifications would emerge from the focus group that could be incorporated into the camera's final design. Sony was most likely employing which new product idea generation technique?
Business
1 answer:
AURORKA [14]3 years ago
4 0

Answer:

Problem analysis

Explanation:

Problem analysis refers to a method of investigating consumer needs under certain complex conditions. It is carried out in order to improve systems, processes and designs.

In this scenario, Sony was offering an extremely disruptive product which wasn't very user friendly but as we all know had a huge potential. Sony's original digital camera was very large, huge compared to normal cameras that used film. It was also very slow and it wasn't very good at taking pictures. Is main advantage was that it used 3¹/₂ floppy disk instead of film.

I'm not sure but I believe it could store around 10-12 pictures and then you had to use another disk. Finally people could start to take a lot of pictures without having to worry about high printing costs. My family had the final commercial product, and if that was the good product, I imagine that those that participated in the product analysis probably had to use and work with something slightly worse.

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Answer: 5%

Explanation:

Use an Excel worksheet to determine the internal rate of return:

Investment or Cost = $100,000. This will be negative in the computation.

Cashflow = $5,000 per year

Fourth year cashflow = 5,000 + liquidation value = $105,000

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6 0
3 years ago
The management of Cooper Corporation is considering the purchase of a new machine costing $420,000. The company's desired rate o
liraira [26]

Answer:

b.1.08.

Explanation:

The computation of the present value index is shown below;

As we know that

Present Value Index = Present value of Net Cash Inflow ÷ Initial Cash outflow

where,

Initial investment = $420,000

And, the present value of net cash inflows are

Year        Cash Flow (in $)       PVF at 10%            Present Value (in $)

1               180,000                   0.909                     163,620

2              120,000                   0.826                      99,120

3               100,000                  0.751                        75,100

4                90,000                   0.683                      61,470

5                90,000                   0.621                       55,890

TOTAL                                                                       455,200

So, the present value index is

= $455,200 ÷ $420,000

= 1.08

4 0
3 years ago
__________ involves taking apart a product, analyzing it, and creating an improved product that does not infringe on the competi
kompoz [17]

Answer:

Reverse engineering

Explanation:

Reverse engineering is one of the most complicated procedures which involves great deal of critical analysis. It’s a process which takes apart a product and then redesign and recreate it.  Reverse engineering is the best way to learn other technologies and replicating them effectively. It also involves a great deal of analysis regarding the complete composition and construction.

7 0
3 years ago
When someone is considering a career as a lawyer, future earnings are the
Fantom [35]
Future earnings are the future benefit to a person who wants to become a lawyer. Wanting to become a lawyer will be an investment for a student in the future. Becoming a lawyer in the future will be the result of the investment and earning from that job is the profit from it.
5 0
3 years ago
Read 2 more answers
Social Media, Inc. (SMI) has two services for users. Toot!, which connects tutors with students who are looking for tutoring ser
Sedbober [7]

Answer:

1. Predetermined overhead rate of admin costs  - $ 27 per user.

2. Profit for TOOT Service   - $ 808,725

   Profit for TIX Service       -  $ 165,800

Explanation:

Computation of predetermined overhead rate

Product TOOT                                                  7,700 users

Product TIX                                                     <u>15,600 users</u>

Total users                                                       23,300 users                                                      

Predetermined overhead rate per user $ 629,100 / 23,300 = $ 27 per user

Allocation of Admin costs - TOOT - 7,700/ 23.300  * $ 629,100 = $ 207,900  

Allocation of Admin costs - TIX    - 15,600/ 23,300  * $ 629,100 = $ 421,200                          

2. Computation of profit per service

                                                      TOOT                 TIX

                                                          $                        $

Revenues                                      1,350,000          1.040.000

Less: Engineering costs               (  333,375 )       (     453,000 )

Less: Allocation Admin costs      <u> (  207,900 ) </u>     <u> (     421,200)</u>

Profit                                               808,725              165,800

5 0
4 years ago
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