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Nady [450]
3 years ago
14

1. What is Trade-Off (Conjoint) analysis? What does it consist of?

Business
1 answer:
Feliz [49]3 years ago
5 0

Answer:

Trade-off analysis <em>is a group of methods that calculate the preferences of respondents of different product attributes (usually including price). </em>

To calculate consumer preferences, understand how price changes influence product or service demand, and predict a product's likely acceptance when brought to market.

The benefits are calculated indirectly in certain situations.

They are one of marketing research's most commonly used quantitative methods.

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When Eurasia restaurant, serving Eurasian cuisine, first opened along Chicago’s Michigan Avenue, its novelty brought many diners
vekshin1

Answer:

<em>Define the problem to be examined.  </em>

In order to respond to a problem, one should find out what the underlying problem is about an area of concern, a situation to be changed, a problem to be removed, or a disturbing topic which occurs in academic literature, in theory, or in practice which points to the need for deeper understanding and careful study.

7 0
3 years ago
Suppose there is a duopoly of gas companies, Energy X and Energy Y. The following is the market demand for gas. There are no mar
kow [346]

Answer:

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7 0
3 years ago
A wide span of management control is most likely to result in: A. overly tight supervision of employees. B. isolation of top man
weeeeeb [17]

Answer:

D. lack of control of employees.

Explanation:

The scope of control depends on the number of employees who report to a manager. Each control control point needs supervision. Broader and more autonomous controls by employees. The broader the range of control, the more likely it is that a supervisor loses control over employees

6 0
3 years ago
Use a piece of scrap paper to prepare a cost of Goods Manufactured from the following numbers: Beginning Direct Raw Materials -$
Bezzdna [24]

Answer:

the total manufacturing cost is $215,000

Explanation:

The computation of the total manufacturing cost is shown below:

= Direct material used + direct labor cost + manufacturing overhead cost

= $69,000 + $92,000 - $8,000 + $25,000 + $37,000

= $215,000

Hence, the total manufacturing cost is $215,000

We simply applied the above formula

5 0
3 years ago
You receive $100 today, $200 in one year, and $300 in two years. if you deposit these cash flows into an account earning 10 perc
lbvjy [14]

Answer:

$628.49

Explanation:

Cash flows                     Discount factor      Future value

$100                         1.1449                $114.49

$200                         1.07                   $214

$300                          1                        $300

Future value                                                  $628.49

The discount factor is as follows

= (1 + interest rate)^number of years

For $100 the year is 2

For $200 the year is 1

For $300 the year is 0

5 0
2 years ago
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