Product Definition
Everyone who has been to college knows how difficult shopping can be with roommates. The fact of the matter is that no one agrees on anything. What happens is that often times, college students have to buy sodas in bulk, thinking they will be saving money; but, because only some people in their household actually like certain flavors, there is a lot of waste. The product here is actually a beverage delivery service that provides 12 and 24 packs of beverages or sodas, all with unique flavor combinations upon order request. The customers can go online and order whatever number of particular flavors they want, allowing them to mix and match in order to create a bulk discount that all the members of their household can enjoy.
Data Table
Data
Subject
Price 12 pk
Price 24 pk
1
2
9
15
3
8
4
5
6
7
8
9
10
5
11
11
12
6
13
14
11
15
4.5
9.99
16
8
12.99
17
6.99
10
18
5.99
11
19
4.99
8.99
20
5.5
10
21
6.5
11.99
22
7.99
13
23
5.5
9.99
24
4.5
8.99
25
6.5
Intervals
Number of Bins and Intervals
6 bins of 5 Intervals each to make up the answers for both 12 pack and 24 packs
Data Intervals
Frequency...
It is important to understand how frequency contributes to consumer demand (Cartlidge & Phelps, 2010). I get a general idea of what people would be willing to spend for a more specialty beverage product, and helps me assume what the average frequency would be, which can be compared to the price point made through the mark up after understanding the value chain analysis and the costs of operating per pack, either 12 or 24 beverages. Frequency and data intervals must be appropriate to the data provided, or else there is nothing gained from the testing (Lind et al., 2004).
I did learn a lot about data collection. I learned that it is important to really take advantage of statistical analysis in order to understand the consumer market. The analysis here allows me to see what consumer expects to pay (Citizens Information, 2011). This can then be compared to what I would need to mark unit prices up based on the cost I would be paying per unit. The two need to correlate in order for me to make a profit on the product (Gopinath & Itskhoki, 2009).
Part II
Topic 9, Exploration 6
a. At 4% interest, the monthly payment…
Distinctions can be found in trade-neutral taxonomic motivations, also, and many other contributors such as environmentalists, child-labor activists, etc., so it is more an art than a science Case of pharmaceuticals: Jordan and U.S. In trade between Jordan and U.S., U.S. is a highly developed country, and Jordan is a developing nation. Free trade agreement between Jordan and U.S. US has highly sophisticated Big Pharma manufacturers Jordan is just starting out in pharmaceutical production US pharma
Gross Domestic Product: This is a monetary value placed on all the finished goods and services produced within a national boundary. This number is calculated every year and is used to measure the economic health of a country. Real GDP: The real GDP takes into consideration inflation. Nominal GDP Nominal GDP figures are not adjusted for inflation and are used for comparative purposes. Unemployment Rate The unemployment rate examines the rate at which employable people are actively
Architectures for Websites Audience Definition Earlier the team defined the target market as 18- to 45-year-old students and professionals. Throughout the following discussions greater granularity of definitions have been achieved. These specific audiences each have significantly different needs for a customizable tablet PC. All however share a common baseline of expectations that any product that includes the option of mass customization needs to allow them to also customize the user experience
This would lead to a new round of calls for increased ethical standards. (De George, 2005) Name at least three reasons why ethics are important to your job/profession or a job/profession you would like to work in Three reasons why ethics is important would include: it helps improve decision making, allows us to go beyond traditional business theories and it creates a culture of acceptable behavior within an organization. Decision
Breaking the definition of business ethics into individual ethics and organizational ethics helps provide an optimal definition. As an individual one must be able to look at him and be comfortable with their conscience. Further an individual must have self-esteem and self-confidence to do take the right action. Remaining patient allows a person to look at the long-term results of his actions and avoid being too focused on the short-term
Marketing of Atkins Diet Products in Europe vs. The U.S. Background on Atkins Diet (A) Who was Robert Atkins? Atkins was born in Columbus, in the state of Ohio in the year 1930. After having joined the University of Michigan, he graduated with a Major in Pre-meds, after which Atkins received his Medical Degree in the year 1955 from the Cornell University Medical School. By the year 1959, he had finished his residencies