Answer:<em> Option (E) is correct.</em>
Explanation:
Here we've selected 10 individuals who are in contrast with the delineation of our target consumers, to indulge in a programmed conversation on changing lifestyle trends related to health. Also , the moderator provides questions and probes based on the script. <em>These referred to the method of acquiring primary data via focus groups.</em>
Focus group is referred to as a convention of consciously selected individual who engage in a programmed conversation betrothed to elicit individual perceptions about a particular topic in surrounding that is non-threatening and approachable. These groups are a collective on purpose.
Answer: Build up approach
Explanation: In simple words, build up approach refers to an approach in which the managers before initiating a marketing program tries to understand the number of potential customer in the market along with their purchase requirements and purchasing power.
In the given case, Mistine evaluated the market for cosmetic products by evaluating the market potential.
Hence we can conclude that she is using build up approach.
Answer:
290 units
Explanation:
The order size that will minimize the sum of ordering and carrying costs is known as the Optimum Order Quantity or Economic Order Quantity (EOQ).
At this point, the Ordering and Carrying costs will be at their minimal.
<em>Optimum Order Quantity = √2 × Annual Demand × Ordering Cost per unit ÷ Holding Cost per unit</em>
Where,
Annual Demand = 1st half + 2nd half
= 510 units + 1,020 units
= 1,530 units
Therefore
Optimum Order Quantity = √ (2 × 1,530 units × $55) ÷ $2
= 290
Conclusion
The order size that will minimize the sum of ordering and carrying costs is 290 units
It’s known as: Product Selection Process - Identifies options, pricing, and delivery schedules
Answer:
The correct option is A,devoting resources to researching and developing new products that will be more durable than competitors'
Explanation:
Creating sustainable advantage means that the company is able to do something very difficult for competitors to copy.
Sustainable advantage is not about cost reductions,is about a perceived value added to products or services not seen anywhere else.
If customers upload their designs for the company to produce, it does not necessarily mean the product is fit for purpose, as the company does not have full control over it.
