What is the demographic data and why would demographic data

Assignment Help Operation Management
Reference no: EM13902921

Ella gibbons works for a company which manufactures motorized recreational vehicles for young adults between the ages of 18 and 29. Her company is considering developing a line of smaller, motorized versions for kids 10 to 15 years old age. the company is, however, unsure about two things" whether they have the capital to develop the product and whether there is a market for the product. Ella has been given the task of doing research to answer these questions:

A) give an example of the type of internal information ella would need to gather to help determine if the company had enough capital to develop the product.

b) what is the demographic data and why would demographic data be helpful to ella in trying to determine if there is a market for the new product?( this is a two part question)

c) give an example of two external resources ella might use to help answer the question about whether there is a market for the product.

d) In using the internet for research, how would a search engine be helpful to ella?

E) Once ella has accessed a web site, how would she search the site for the information she wants?

Reference no: EM13902921

Questions Cloud

Prepare journal entries to record the following : On June 30, Petrov Co. has $ 128,700 of accounts receivable. Prepare journal entries to record the following selected July transactions. Also prepare any footnotes to the July 31 financial statements that result from these transactions.
Proper role of defense attorneys regarding their clients : Write an essay on (or discuss) the proper role of defense attorneys regarding their clients. Should attorneys pursue the wishes of their clients even if they think it is not in the clients' best interest? What if it would hurt a third party (but not ..
Distributions to shareholders and capital structure decision : Distributions to Shareholders and Capital Structure Decisions
Using rate of return which is the most profitable district : Using the rate of return on investment as the criterion, which is the most profitable district? Which of the two measures better indicates operating performance? Explain your reasoning.
What is the demographic data and why would demographic data : Ella gibbons works for a company which manufactures motorized recreational vehicles for young adults between the ages of 18 and 29. Her company is considering developing a line of smaller, motorized versions for kids 10 to 15 years old age. what is t..
Without overtime and without carrying inventory : Number of hours required per unit is 2 hours and there are 8 working hours per day. There are 20 working days in each month. The number of workers needed to produce 1600 units in a month without overtime and without carrying inventory is:
Working capital management : Working Capital Management
Loading product available supervisor : It’s 3:30pm on Wednesday, and you are the night loading Product Available Supervisor at PBC’s Denver Production and Distribution Center. You have just arrived at work, and are ready to start a hand off discussion with the first shift supervisor. What..
Prepare journal entries to record these selected : Exercise 9 11 Honoring a note P3 Prepare journal entries to record these selected transactions for Vitalo Company.

Reviews

Write a Review

Operation Management Questions & Answers

  Explain why would conway have any difficulty in getting

Look at Frederick Herzberg's list of motivators also hygiene factors also select the top 3 motivators that would be the most important to you also 3 least important. Explain your answer.

  Develop a strong talent management program

The goal is to develop a strong talent management program globally to develop and retain talent that you have been losing to competitors.

  Manage internal operations and to make decisions

Compare and contrast the MIS in place in two distinctly different organizations and compare each organization"s use of information systems to help manage internal operations and to make decisions.

  Confined space standard

Describe the fundamental safety and health principles behind the Confined Space Standard. Be sure to touch on what hazards the standard is designed to circumvent. In your discussion, include three examples of confined spaces that might be found in..

  Is changing the organizations domain a feasible

Is changing the organization's domain a feasible strategy for coping with a threatening environment? Can you think of an organization in the recent news that has changed its domain? Explain.

  Evaluation and control-mergers and acquisitions

How are evaluation and control different for each stage of the strategic process (planning, implementation, evaluation, and control)? How are they similar? Respond substantively to at least two other students' posts.

  Describe the challenges the company

Provide your rationale as to whether or not the use of data analytics has helped the company accomplish its goals. Describe the challenges the company may have faced by choosing to utilize business analytics that the other company did not face.

  Could a service firm use a production-line approach

Could a service firm use a production-line approach or self-service design and still keep a high customer focus (personal attention)? Explain and support your answer with examples.

  Advantages and the advantages of dynamic pricing

What are the advantages and the advantages of dynamic pricing to the companies that use it? To the customers of the companies that use it?

  What is lean manufacturing

What is lean manufacturing? Provide examples of companies using lean manufacturing and how it benefits them. What are the requirements for balancing JIT (just in time) and lean systems?

  Expanding operations requires research and planning

Expanding operations requires research and planning; this is especially true when dealing with crossing borders to other regions and countries. During this first project assignment, the focus is to conduct background research on your chosen compan..

  Define generic strategy and grand strategy for organization

Write a paper of no more than 1,400 words that evaluates alternatives an organization must consider to realize growth. Identify the best value discipline, generic strategy, and grand strategy for your organization.

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