Every six months, Doug is asked to fill out a survey which asks when he expects to buy a new vehicle and what type and model he plans to purchase
Doug, along with a group of consumers with similar buying habits, has been participating in this survey for the last eight years. The gathering of this quantitative data is an example of descriptive research using ________.
A) a hierarchical format
B) a cross-sectional design
C) latitudinal tracking
D) a longitudinal design
E) ethnography
D
Business
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Establishing prices for razor blades that must be used with a razor blade system is known as ________ pricing
A) by-product B) market-penetration C) product line D) product bundle E) captive-product
Business
A queuing system with a normally distributed arrival pattern, exponential service times, and three servers would be described as
A) G/G/3. B) M/M/3. C) G/M/3. D) M/G/3. E) N/E/3.
Business