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The mean amount purchased by a typical customer at Churchill's Grocery Store is $23.50 with a standard deviation of $5.00. Assume the distribution of amounts purchased follows the normal distribution. For a sample of 50 customers, answer the following questions. a. What is the likelihood the sample mean is at least $25.00? b. What is the likelihood the sample mean is greater than $22.50 but less than $25.00? c. Within what limits will 90 percent of the sample means occur

The mean amount purchased by a typical customer at Churchill's Grocery Store is $23.50 with a standard deviation of $5.00. Assume the distribution of amounts purchased follows the normal distribution. For a sample of 50 customers, answer the following questions. a. What is the likelihood the sample mean is at least $25.00? b.

Assessing Various Marketing Processes

One of the don'ts of questionnaire construction is to ensure that fixed responses do not overlap. Which of the following is the best illustration of a problem that this "doesn't" might cause? a. A consumer must describe a cartoon about buying a car. b. An income question asks for an income designation in one of the followi

Marketing Plan Paper

I need your help to fnish my paper, I hope you can assist. The following question are the subject of part of my paper. I have created a new product never sold on the market before distribution and marketing is done with Wrigley's. Below is some relevent information to respond to the questions; (BAC

Public Relations Opportunities for a Product

Identify public relations opportunities for the product. The product is a handheld device that can be used take an order while the waiter is standing at the table and send the order directly to a screen in the kitchen. When the customer is done eating the waiter will be able to show the customer their bill on the handheld d

Media Comparison Paper

Prepare a paper comparing and contrasting how a company of your choice markets online, television, print media, etc. to its target customer audiences. Please include 3 or more references to the literature and other sources (company literature, etc.) in preparing your assignment. Consider these items in your assignment: ? Desc

Importance of Market Reseach

Apply this problem to any major company in at least 400 words. Define Market research. Identify different types of marketing research company uses. If no marketing being used. Identify types that could be used

Pick a product that has both industrial as well as consumer application.

Please help with the following problem. Include references. Pick a product that has both industrial as well as consumer application. As its marketing manager, discuss the differences, if any in your approach towards the marketplace, that is your marketing strategy. Discuss the factors, such as customer characteristics and pr

2-4 paragraphs

The Marketing department likes to know patterns about the consumers who call the 1-800 phone bank with questions/problems. You meet with them to discuss the matter. Using the Discussion Board, suggest at least 3 quantitative objects that you should keep track about each caller and/or their behavior with respect to the snack f

International Marketing Factors for Wal-Mart

Pick a company that does business nationally and internationally and make not of what environmental facotrs come into play when they make decisions on how to promote their product/service. In particular, examine: - How the global economic and political situation influences them - How important physical infrastructure and cap

Marketing Intelligence internal databases

Marketing Intelligence involves building internal databases to identify marketing opportunities. Suppose you are the marketing manager for a cell phone company. What types of information would you collect in your company's internal database? Do you think that some of this data would be useless for a company that makes a differen

Bader Man Island

Please read the attachment Need assistance with writing a paper. Please help me address these topics to expand on my paper BaderMan Island is being advertised as a place for weekend getaways Write Creative strategies that you will adopt to develop your campaign- 300+word count Create a positioning statement for the campaign

Business Situation for Food Development

Business Situation: A food development company based in Rome, Italy has just developed a new tomato-based pasta sauce that is specifically formulated for consumers who have stomach ailments that typically prevent consumption of this type of food product. 1. How would you apply the market segmentation concept in dev

Marketing Segments: American Express

Please help with the following problems. - Review the site for American Express. http://www.americanexpress.com - Discuss what market segments American Express appears to be targeting with this website. - What segmentation variables are being used to segment these markets? Use marketing terminology in your comments

James Dyson's innovation ideas come from two sources

James Dyson's inovation ideas come from two sources. What are those sources? James Dyson has begun experimenting with robotics and microchips to accomplish what objectives? refer to "The Vacuum Man Takes On Wet Hands" by Steve Hamm, Business Week, July 2 2007, pp.84, 86.

Market Evolution

A. Provide a brief overview of the evolution of market research and intelligence as support factors for marketing strategy. b. Chart the growth and development of e-Marketing in your selected industry. c. Evaluate the key external factors (technological, competitive, social, cultural, environ-mental, legal or political) that

Discuss competitive intelligence for a neighborhood hardware store

Please give examples for both. 1. You own a neighborhood hardware store. An Ace Hardware has just opened in the next block. You need to know what they are pushing, their pricing and how they treat customers to stay in business. How can you learn this information? Can you find a nitch that they don't cover? How? Is it w

Short Term Marketing Plan for True Adventure Sports

1. Develop a short term marketing plan for an online business of your choice. State goals for improving business and marketing strategies for acquiring more business and sales. The online business is True Adventure Sports at http://www.trueadventuresports.com Develop a short term marketing plan for this business. Make sure

Read and answer Questions

Ben and Jerry's Ice Cream I am performing a product launch for Ben and Jerry's Ice Cream company. I need information on the following 2 items dealing with how to best market the organization and product.I am looking for information that deals with how I would market Ben and Jerry's product. This does not have to be perfect.

How important is customer service in the economical times like this?

Since customer service is so important in order to run a successful business please responsd to these questions: 1. How important is customer service in the economical times like this? Is it more or less important that at other times? 2. Are we willing to pay a little bit more for better customer service? Even during the

East Coast Yachts 401K

A job at East Coast Yachts, Part 2 You are discusing your 401K with Dan Ervin, when he mentions that Sarah Brown, a representative from Bledsoe Financial Services is visitng East Coast Yachts today. You decide that you should meet with Sarah, so Dan sets up an appoinment for you later in the day. When you sit down with Sar

Plasma TV

Please help with the following problem. I think the plasma is on its way down, unless they upgrade the technology. The plasma is only good for a certain amount of hours and then starts to loose picture quality and this is a big negative against the TV. If I buy a TV at the high cost of plasma, I better be watching it for hal

Max sales loss/contribution

HEALTHY SPRING WATER COMPANY The Healthy Spring Water company sells bottled water for offices and homes. The price of the water is $20 per 10 gallon bottle and the company currently sells 2000 bottles per day.  Following is the company's income and costs on a daily basis. Sales Revenue $40,000 Incremental V

Marketing

1. What is the most important step of the research process? Why is this particular research concept important? How could you apply this to benefit your company? 2. What are the pros and cons of each the three basic research methods? What is the difference between primary and secondary research? When would you use primary rese

Optimization: Coordinating Advertising and Production

The Hawley Lighting Company manufactures four families of household lighting at its factory. The product families are table lamps, floor lamps, ceiling fixtures, and pendant lamps. The following table shows the average material costs for each of the products. Product Table Floor Ceiling Pendant Material Cost $66