Unlike the NGT, the Delphi technique involves creating a series of open-ended questions for group members.
Explanation:
An open-ended query is not replied by a "yes" or "no" answer or by a set answer. Questions open to the public are presented as a declaration requesting a response. The solution is equivalent to knowledge that the questioner is already acquainted with.
Types of open-ended questions:
- Tell me your supervisory partnership.
- How do you look forward to the future?
- In this photograph, tell me about the children What's the government's purpose?
- Why have you selected the reply?
Of course, in order for the product to be competitive in the market, it should have the same price or lower to the products with same utility, so the verdict of the consumers, depends on how varied the product is compared to its competitors. Thus, it is true that companies often try to gain more control over pricing by attempting to differentiate their products.
Answer: C. A university
Explanation:
When it comes to research, Universities are her best bet because apart from offering a wide range of undergraduate programmes, they offer graduate degree programs as well both of which will require research to complete.
Universities also boast of some of the world's leading research institutes that are under the university but serve to research various subjects to further human understanding of the world and these institutes sometimes accept undergraduates in research as well.
For instance the Undergraduate Research Opportunities Program (UROP) of Massachusetts Institute of Technology is world renowned for the wealth of talent it helps produce.
Answer:
Customer lifetime value predicts how much profit is associated with a customer during the course of their lifetime relationship with a company.
Explanation:
It is important to manage customer relationships because customers provide a great deal of value to the company if they remain customers for many years.
Customer lifetime value is greater for companies who have loyal customers as compared to customers who are one time only. They add less value to the company as customers are also a source of promotion for the company.
Answer:
<u>an increase in the price of oranges.</u>
Explanation:
The price of oranges increased because there was an event that influenced the balance of demand and supply. The Florida freeze that devastated the orange crop was an event that affected supply, so as there was greater demand for an orange good, and lower supply for orange, there was an imbalance in the supply and demand curve that caused an increase in supply. price because demand is greater than supply.