A mobile phone manufacturing company observes that the main reason for an abrupt fall in sales volume is the unconventional design of their phones that consumers found inconvenient and unattractive
The findings prompt the company to adopt a new strategy. They redesigned the product models keeping the requirements of the end-user in mind. According to the expectancy value-model, the company's strategy can be termed as ________.
A) psychological repositioning
B) real repositioning
C) competitive depositioning
D) physiological depositioning
E) prescriptive method
B
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The amount of risk a company is willing to accept in order to achieve its goals and objectives is called
A. risk acceptance B. risk tolerance C. risk management D. risk appetite
The following data represent a random sample the golf scores for a particular golfer from a course that he regularly plays
84 82 72 86 83 82 89 80 94 84 85 85 89 87 92 88 94 87 86 84 89 84 87 89 96 72 88 89 79 90 76 86 87 89 96 This golfer would like to test if his golf scores at this course follow the normal probability distribution with ? = 85.0 and ? = 5.0 using ? = 0.05. The test statistic for this sample is ________. A) 2.213 B) 2.655 C) 6.570 D) 8.069