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iren [92.7K]
3 years ago
5

Gary wants to create a perceptual map for positioning using the attribute-based approach. He comes to you for advice as to how h

e should get started on this. What is the first step you would advise Gary to undertake?
Business
1 answer:
bagirrra123 [75]3 years ago
8 0

Answer & Explanation:

The advise is that Gary must find answer two questions to make it clear what characteristics or attributes of products are they going to deliver its customers. These two questions are as under:

Question 1:

What are the rating of all the attributes that our customer perceive our product possesses?

This question helps in understanding what our customer thinks of our products and rate characteristics of the product.

Question 2:

Which of these attribute are most important?

This question sheds light on the issue of which attribute of the product must be withdrawn and which to keep to increase the customers satisfaction and market share.

These two questions tells what features must be offered for a particular price.

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An automobile manufacturer produces and sells the Energy-Saver Car in North America. It also produces and sells the Smart Little
Sergio039 [100]

Answer:

We will get $7680(thousands)

Explanation:

Answer

If we read the given data values in the passage, it is clear that the mean annual number of smart little cars in china is 7500 and the variance is equal to 6400

The variance is given for the number of cars, but not for the profit.

So, we need to convert the numerical value(number of cars) to money value(profit)

it is given that net revenue per car is $1.2 (thousands)

So, multiplying the net revenue by number of cars

we get, variance in profit = 6400*1.2 = $7680 (thousands)

3 0
3 years ago
Explain one reason why it might be an advantage for a business to set up on a busy high street.
Akimi4 [234]

Answer:

High traffic

Explanation:

Higher traffic means more visibility, more visibility means more customers.

7 0
2 years ago
16) If the supply of iPads increases, then
trasher [3.6K]

Answer:  The market demand curve for soft drinks will shift to the left and the market supply curve will shift to the left as well: equilibrium quantity will decrease and the equilibrium price may rise, fall, or remain the same. The graphs below illustrate this idea.

Explanation:

8 0
3 years ago
A Bathtub model of the start of the Great Depression would show the water level becoming lower with Investment inflow being less
Aneli [31]

Answer:

LESSER THAN

Explanation:

During the Great Depression, it was a period of recession that meant that investments were low and less than savings which meant that 'household' was unwilling to invest its money as it had lost confidence in the American economy. This will lead to Aggregate Demand being Lesser than Aggregate Supply as consumption fell drastically during the great depression

4 0
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Which of the following is an example of the operations concerns of a business plan?
Serhud [2]

<u>Answer:</u>

When composing the marketable strategy, the tasks plan <em>segment portrays</em> the <em>physical necessities </em>of your business' activity,

<u>Explanation:</u>

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it might likewise incorporate data about stock necessities, providers, and a portrayal of the <em>assembling procedure.</em>

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3 years ago
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