Introducing a wider range of clothing sizes

Assignment Help Macroeconomics
Reference no: EM133203179

For each of the following four scenarios (a) to (d): Identify whether primary or secondary data is required. If secondary data is required, identify the type of secondary data (popular, academic, government, or commercial) you would suggest and why. If primary data is required, identify the research design (i.e., exploratory, descriptive, or causal) you would suggest and why. If you identify an exploratory (qualitative) research design is the most appropriate, explain whether you would use focus groups, in-depth interviews, or projective techniques and why. For each response, ensure you clearly indicate each part by starting with an (1), (2), (3), and (4).

(1) Awfully Chocolate is introducing a new hot chocolate powder to Singapore supermarkets and are not sure what price it should be. They need to test consumer responses to proposed prices.

(2)Brandy Melville is considering introducing a wider range of clothing sizes in response to their one-size policy controversy. They want to know consumers attitudes towards introducing bigger sized clothing.

(3)The owner of a local dumpling restaurant would like to determine if it is feasible to open a new store in a new location. They want to know the size of the market, availability of distributors, and consumer profiles.

(4)The marketing department at Viagra want to understand why their sales are decreasing in the US market. They wish to understand consumers attitudes towards their product and their intentions to purchase it.

Reference no: EM133203179

Questions Cloud

Finding price and income elasticities of demand : Classify X in terms of its price and income elasticities of demand and establish the relationship between product X and product Y. How does knowledge on the pri
How the government and business sectors could improve : 1. Give five suggestions for how the government and business sectors could improve the way the Philippines does business and trade with other countries.
Explain the increase in demand during recession : A. State one market that has experienced a decrease in the price and quantity of their goods (i.e. a decrease in demand). State whether the good or service in t
List the four drivers of engagement : Discussion Question: List the four drivers of engagement and briefly describe each one.
Introducing a wider range of clothing sizes : For each of the following four scenarios (a) to (d): Identify whether primary or secondary data is required. If secondary data is required, identify the type of
How much sales are needed to achieve expected revenue growth : As the business developer you have been asked to determine how much sales are needed to achieve the expected revenue growth for the company.
How leontief explained paradox : The Leontief paradox is based on empirical results that did not support the Heckscher-Ohlin theory. In the research behind the paradox, the United States import
Supply of raw materials and finished goods : COVID-19 has disrupted the global supply chain causing major delays in the supply of raw materials and finished goods for many Australian businesses and househo
Importance of cultivating guanxi and guanxiwang in china : Why do you think it is so important to cultivate guanxi and guanxiwang in China? What does the experience of DMG tell us about the way things work in China?

Reviews

Write a Review

Macroeconomics Questions & Answers

  Inflation targeting be a good policy

Why might it be difficult for the Fed to formally adopt inflation targeting?  Would inflation targeting be a good policy for the Fed in the present economic environment

  In using the taylor rule

In using the Taylor Rule as a guideline for monetary policy, what are the pros and cons of using forecasted values of inflation and output rather than observed values of these variables?

  Describe the present economic crisis situation in europe

Describe the present economic crisis situation in Europe.  Why has it been so difficult for the Europeans to find a solution to this problem?   Comment on what implications the crisis may have for the rest of the world if Europeans are not able to ag..

  Long-term federal government budget problems

Question:. Explain why there are long-term Federal government budget problems. Explain why the base-line forecast of the CBO is misleading.

  Derive and compare demand curve

Question based on Derive and compare demand curve,  Derive Ambrose's demand function for peanuts. How does it compare with Johnny's demand curve for peanuts?

  Problem based on utility function

Problem based on  Utility Function - Problem,  Answer and explain the following using a diagram which is completely labeled.

  Laffer curve : tax rate and tax revenue

Question based on Laffer Curve : Tax Rate and Tax Revenue,  Do raising tax rates necessarily raise tax revenue? What factors affect how tax revenue changes when tax rates change?

  Problem - income elasticity of demand

Problem - Income Elasticity of Demand,  Interpret the following Income Elasticities of Demand (YED) values for the following and state if the good is normal or inferior; YED= +0.5 and YED= -2.5

  Positive balance of payment

Question Positive Balance of Payment: "Things will look good for the US if we could just get to where we are consistently running a positive Balance of Payments."

  Effect of recession on the investment curve

Comment on the effect of a recession on the investment curve (only) and on the level of savings, investment, and the equilibrium real interest rate in the financial crisis that hits United States first starting in fall 2007.

  Affect of falling domestic investment on trade surplus and

How will a fall in domestic investment affect the trade surplus and net capital outflows in the domestic economy, the trade deficit and capital inflows in the rest of the world.

  Crises in the banking sector and bank run

Banking crises crisis decreases depositors' confidence in the banking system. What would be the effect of a rumor about a banking crisis on checkable deposits in such a country?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd