Answer:
a. Quality Software - Prescriptive Analytics
b. ABC Supermarket - Descriptive Analytics
c. Global Hospitality - Diagnostic Analytics
d. XYZ - Predictive Analytics
e. Manufacturing - Descriptive Analytics
Explanation:
Descriptive analytics is the strategy which uses the past data and creates a summary for historical data to create future analysis.
Predictive Analytics is the strategy which uses statistical calculations and models to predict the future.
Diagnostic Analytics is the strategy which the analyst observes the past event and then examines why certain situation happened. This is used by analysts to make sure that historic mistakes are not repeated.
Prescriptive Analytics is the strategy in which strategic planning is made after the operational activities are analyzed and then strategies are formed in order to plan future performance.
Customer social style refers to the method customers use when interacting.
In terms of personality, communication style, behavior, mental processes, and decision-making methods, customers differ.
<h3>Who is a Customer ?</h3>
A person who purchases goods or services from a shop, eatery, or other retailer is referred to as a customer.
A customer is any person or organization that makes a purchase from another firm. Customers are essential to businesses because they provide revenue; without them, they could not run.
No matter what industry you are in or what kinds of goods and services you provide, your clients are the most important component of your organization. Without the customer, there are no sales. As a result, they are essential in developing your marketing strategy and messaging.
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Nothing will change. Upper management must enthusiastically pursue the plan and create a culture for employees to follow
Decoy pricing tactic calls for offering three similar products, one that is lower priced and less attractive and two that are comparable but more expensive.
<h3><u>
</u></h3><h3><u>
What is decoy pricing?</u></h3>
A price strategy called decoy pricing aims to "push" customers to make a decision. Customers sometimes have to choose between products with varying costs and features while making purchases. And when a business seeks to increase sales of a certain product, it frequently chooses what is known as a decoy pricing structure to sway the consumer's choice. In this instance, the "decoy" is either a product with a slightly cheaper price but much worse quality, or a product with a significantly higher price but slightly greater quality.
The attraction effect and the compromise effect are the two distinct effects on which the decoy pricing strategy is predicated.
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Answer:
a. $495,000
Explanation:
Data provided
Federal taxable income = $500,000
State A income tax expense = $45,000
Depreciation Modification = $300,000, $250,000
The computation of taxable income is shown below:-
Federal taxable income + State A income tax expense - Depreciation Modification
= $500,000 + $45,000 - ($300,000 - $250,000)
= $545,000 - $50,000
= $495,000
