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Hunter-Best [27]
3 years ago
5

A not-for-profit firm uses a small convenience sample to gather data on customer reactions. It invites a small group of customer

s for lunch and asks them to share what they think about the products they have purchased from the firm. This is an example of ___
Business
1 answer:
Alinara [238K]3 years ago
7 0

Answer:

informal surveys

Explanation:

From the question we are informed about A not-for-profit firm which uses a small convenience sample to gather data on customer reactions. It invites a small group of customers for lunch and asks them to share what they think about the products they have purchased from the firm. In this case, this is an example of informal surveys.

Informal surveys can be regarded as type of survey whereby there is conduction of interviews as well as making of field observations by researchers themselves, instead of

enumerators as regards formal survey.

distinguishing characteristics of formal survey is that direct nteraction will exist in between the farmer as well as the

interdisciplinary team of researchers.

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timurjin [86]
I'm pretty sure it's option D
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3 years ago
Consider the following information: State of Economy Probability of State of Economy Portfolio Return If State Occurs Recession
mr Goodwill [35]

20.94% is the expected rate of return

<u>Explanation:</u>

<u>The following formula is to be used for the expected rate of return </u>

Expected rate of return = Sum of probability multiply with rate of return

=(0.22 * .16)+(.47 * .12)+(.31 * .38)  

= 0.2094

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The expected rate of return means such return which an investor expects from the amount that has been invested by him into the business organization. It is significant to calculate the rate of return in order to find out the viability of a company.

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4 years ago
An insurance policy with a higher premium most likely has ...
dimaraw [331]

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5 0
3 years ago
Read 2 more answers
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IgorLugansk [536]

Answer:

The correct option is C) place utility

Explanation:

Place utility is the utility which is created for a product by making that product available to near by locations of the customers so that they can easily get access to those products. Same strategy is being applied in the question by E-gadgets , who are making their stores available to such locations , where their customers ( upper middle class and wealthy neighborhoods) can get access to the products easily( less than 15 minutes in the given case).

5 0
3 years ago
A last-mile delivery service is looking into increasing capacity by purchasing new delivery vans. Two vans are being considered.
Inessa05 [86]

Answer: a. The drone option should be chosen because it is the least expensive in terms of both fixed cost and variable cost.

b. A and 20000, B and 20000

Explanation:

a. From the information provided, the correct option is option B "The drone option should be chosen because it is the least expensive in terms of both fixed cost and variable cost".

This statement is wrong has the drone has the largest fixed cost and variable cost. It's fixed cost of $100,000 is more than that of $70,000 and $60,000 for others.

b. A and 20000, B and 20000

A is preferred at volumes below 20000 while B is preferred at volume above 20000.

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