Question
In: Statistics and Probability
- Marketing managers at one large multinational company are concerned that some salespeople perform well while...
- Marketing managers at one large multinational company are concerned that some salespeople perform well while others do very poorly. To analyse the problem, a random sample of 20 people was investigated, the sales allowance ($1,000) was determined and the following statistics were calculated: The sample mean, or average sales allowance, is $37.2 and the sample standard error is $7.8. Test whether these statistics provide enough evidence to conclude that the parent variance exceeds $35 (US$1 million) at a 5% significance level.
1. Set a hypothesis.
2. Set up rejection.
3. Obtain the test statistics.
4. Conclusion.
Solutions
orchestra answered 1 year agoRelated Solutions
While most of the marketing process is concerned with meeting the needs of customers, it is...
While most of the marketing process is concerned with meeting
the needs of customers, it is extremely important to identify and
understand your competitors. The development of your marketing mix
strategy will be heavily influenced by what strategy your
competitors are using. You will learn there are two types of
competitors, direct and indirect. Direct competitors offer
consumers a product that is almost identical to yours. Indirect
competitors offer a different product that meets the same consumer
needs as your...
As the Chief Financial Officer of a large multinational corporation, you are seriously concerned about the...
As the Chief Financial Officer of a large multinational
corporation, you are seriously concerned about the volatility in
foreign exchange rates and their impact on your company’s
profits.
Explain the three types of foreign exchange exposure that your
multinational company may be exposed to, and how each of these
exposures might affect the company’s strategy and performance.
Discuss the various hedging strategies that the multinational
company can pursue to overcome the adverse impact of foreign
exchange rate changes, while doing...
As a marketing manager who is working in a multinational company make a report for a...
As a marketing manager who is working in a multinational
company make a report for a new product to be produce in the
company
1. Introduction - background of the company (company history)
and new product design (description of the new product)
2. Market Segmentation analysis for the new product design
(geographical, demographic, behavioral and psychological
segmentation analysis) and justifications.
3. Target Market strategies - types of targeting strategies
and justifications
4. Positioning strategies - types of positioning strategies
and...
“You are a $tockholder (and/or perhaps, a manager) in a large U.S. multinational company (MNC) that...
“You are a $tockholder (and/or perhaps, a manager)
in a large U.S. multinational company (MNC) that manufactures toys
in several different countries in Southeast Asia, and sells these
toys both here in America, and in many other countries around the
world.
Is it acceptable for your company to lower its
ethical standards (perhaps those commonly followed in the U.S.) to
compete internationally?
International ethical issues commonly confronted by
a MNC might include:
[1] foreign countries with liberal child labor
laws...
Let's talk size. Some large multinational organizations eclipse the size of countries. They receive pressure to...
Let's talk size. Some large multinational organizations eclipse
the size of countries. They receive pressure to be good global
citizens. But what about the entrepreneurial venture? How does the
small firm take on the challenge of the triple bottom line?
Managers are responsible for leading a company to achieve the company strategy. A well constructed vision,...
Managers are responsible for leading a company to achieve the
company strategy. A well constructed vision, mission statement and
set of goals will help leaders to communicate the strategy and help
company members understand what is expected of them.
Imagine that you will start a new company and are beginning the
process of setting your organization's strategy. Using strategic
management theory as appropriate, do the following five
things:
a. Give your company a name.
b. Describe what your company does...
what are some other examples of industries well suited to Pinterset marketing campaigns?
what are some other examples of industries well suited
to Pinterset marketing campaigns?
Managers at all levels of an organisation need adequate information to perform their respective tasks. One...
Managers at all levels of an organisation need adequate
information to perform their respective tasks. One study
investigated the effect the source has on the dissemination of
information. In this particular study the sources of information
were a superior, a peer and a subordinate. In each case, a measure
of dissemination was obtained, with higher values indicating
greater dissemination of information. To verify whether the source
of information significantly affects dissemination, you perform the
ANOVA test. The following table partially...
What are the four basic functions of management that all managers must perform? Give one or...
What are the four basic functions of management
that all managers must perform?
Give one or two examples of each function. (keep
response in 200 words)
Managers at all levels of an organisation need adequate information to perform their respective tasks. One...
Managers at all levels of an organisation need adequate
information to perform their respective tasks. One study
investigated the effect the source has on the dissemination of
information. In this particular study the sources of information
were a superior, a peer and a subordinate. In each case, a measure
of dissemination was obtained, with higher values indicating
greater dissemination of information. To verify whether the source
of information significantly affects dissemination, you perform the
ANOVA test. The following table partially...
ADVERTISEMENT
ADVERTISEMENT
Latest Questions
- Explain the capabilities of the Ollgdbg and its interfaces. What is rebasing?
- Woodbridge Manufacturing case in Appendix E, and use the three primary project evaluation methods (NPV, IRR...
- I need some good/new/not common research topics for my proposal assignment (Don't Need Political Topics, Technology...
- Write a C++ program that reads integers from standard input until end of file. Print out...
- Woo Audio is a small company in New York that makes high-quality headphone amplifiers. The company...
- How are users categorized? In Linux, which user has all the privileges? Why do we need...
- Force Table: If the center ring were to have considerable mass, what effect would it have...
ADVERTISEMENT