Suggest some concept-test formats to the development

Assignment Help Financial Management
Reference no: EM131810216

A food company wants to develop a new salad-dressing powder. The consumer mixes the powder with water, shakes the bottle, and viola - fresh dressing.

The company is trying to compete against another company that has a powdered dressing that is mixed with oil and vinegar.

The company plans to conduct blindfold taste tests, asking consumers to compare the new-product with a variety of alternative dressings currently marketed.

But the new-product development teams fears that the results from this test may not be fully reliable, and it wants to test its concept in at least three other ways.

It also wants to test alternative formulations of the dressing, including one that is sweeter and one that is spicier. Suggest some additional concept-test formats to the development team.

Reference no: EM131810216

Questions Cloud

Find the annual after-tax rate of return : Find the annual after-tax rate of return of this investment. Assume a 35% tax rate applies. Contributed by D. P. Loucks, Cornell University
Prepare an income statement for the year ending : Required: Prepare an income statement for the year ending 31 May 2012 and a statement of financial position as at that date
Compute combined income tax rate : Given the following data, compute your combined income tax rate (CTR) assuming you deduct allowable expenses on yourincometax forms
Adjusting entries at the end of the accounting period : While analyzing the adjusting entries at the end of the accounting period, the company overlooks the adjustment relating to orepaid insurance
Suggest some concept-test formats to the development : A food company wants to develop a new salad-dressing powder. The consumer mixes the powder with water, shakes the bottle, and viola - fresh dressing.
Find the total number of times the target is hit : Suppose three marksmen shoot at a target. The ith marksman fires ni times, hitting the target each time with probability p.
Discuss journalize the transactions : Schrager Company has two production departments: Cutting and Assembly. July 1 inventories are Raw Materials
Calculate the project benefit : Using an interest rate of 5%, calculate the project's benefit/cost ratio. (Answer: 1.19)
Compute the taxable income under each of given circumstances : Compute the taxable income for 2015 under each of the circumstances. Jim is married and files a joint return. jim and his wife have two dependent children.

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

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