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Let’s say you have developed a new, all natural granola style cereal. You want to see the reaction of a range of people to the product, so you decide to set up focus groups to sample the cereal. In one to two pages (single spaced), describe how you would carry out a focus group review of the cereal. a. How many people would be included in the focus group? b. How would they be selected? c. How would the taste test be carried out? Design a smart taste test – e.g., have attendees sample a total of three cereals, only one of which is your own brand. d. What questions would you ask of the focus group members after they have sampled the cereal? e. How would you use the information you gathered through the focus group exercise to guide you in moving the product forward (or killing the product, if appropriate)?
Discuss the concept of strict liability. Should this be applicable to businesses in product liability cases? Is this fair? What if a business is extremely cautious and yet a person is injured by the product. Why would it make sense to hold the busine..
Set up the amortization schedule for a five-year, $1 million, 9 percent term loan that requires equal annual end-of-year principal payments plus interest on the unamortized loan blaance. What is the effective interest cost of this loan?
In your organization, describe how there are trade-offs between the competitive dimensions. Give examples.
araceli is a team member in a large corporation. she never speaks in team meetings because she has seen members talk
A precise definition of globalization is difficult, because globalization is a process which removes economic, social and cultural boundaries of nation states. Discuss this process. Do you think that globalization is a win-win situation for all count..
Payroll Department Outsourcing
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A decision-maker is using the maximax, maximin, and LaPlace criteria for the problem below. Develop the information and identify the possible decisions for each method.
"The disadvantage of government regulation is that it interferes with the optimization of resources brought through voluntary transactions in the market. To have any advantage, you would have to posit that government regulators could produce more nea..
what are some real-world examples of ethical and unethical practices you have read about seen in the news or
What examples do you have of firms that have taken on partners to reduce financial risk? What are the advantages and disadvantages of taking on partners?
create a list of at least 10 activities that might be surveyed by an organization to evaluate the effectiveness of an
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