Bob at Bob’s Furniture is looking at a perceptual map about customers’ ideas about his products. The attributes customers care m
ost about are price and comfort. They care less about aesthetics and quality. The attributes in which Bob’s products are doing worst are comfort and quality. They are doing best on price and aesthetics. Which attribute should be Bob’s priority as he tries to improve? a. quality b. comfort c. aesthetics d. price
Bob should prioritize on <u>b. comfort</u> to improve his business.
<u>Explanation</u>:
A perceptual map is a chart that represents the views of customers about specific attributes of a product, an organization, brand or service.
In the above scenario, Bob was the owner of Bob’s furniture. He was looking at the perceptual map about his product. He came to know that customers concentrate on price and comfort. His product was designed focusing on the price and aesthetics attribute. But customers never care about aesthetic and quality.
So Bob decides to give priority to comfort to improve his business. As they are already focusing on price, he decided to take additional care on comfort of the product.
Amy was given a stock warrant which gives her the right to purchase a specific number of stocks (25 stocks) at a specific price ($32) during a specific time period (12 months). Stock warrants are issued directly by the corporation to the stockholders. Stock warrants are also tradable, so Amy can choose to sell them to another investor.
The answer and procedures of the exercise are attached in a microsoft excel document.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
Explanation: You might be an information systems worker if you enjoy learning new techniques and enjoy working with people. An information system is regarded as a software that helps organize and analyze data and this makes it possible to answer questions and solve problems relevant to the mission of an organization.