Podcast
Questions and Answers
Which type of analysis involves the investigation of correlation and causal hypotheses?
Which type of analysis involves the investigation of correlation and causal hypotheses?
- Qualitative analysis
- Causal research (correct)
- Descriptive analysis
- Exploratory research
What is a key characteristic of qualitative mode of research?
What is a key characteristic of qualitative mode of research?
- Focused on correlational analysis
- Uses descriptive statistics
- Does not require quantification (correct)
- Based on precise measurement
What is the main focus of Descriptive Research?
What is the main focus of Descriptive Research?
- Analyzing correlations between variables
- Predicting future market trends
- Determining relationships in current situations
- Describing current conditions regarding a product (correct)
In which type of research is literature search, survey, and case studies commonly used?
In which type of research is literature search, survey, and case studies commonly used?
Which type of research investigates past events and uses historical approaches in data collection?
Which type of research investigates past events and uses historical approaches in data collection?
Why is social analysis frequently qualitative according to the text?
Why is social analysis frequently qualitative according to the text?
What are the key considerations in sampling techniques?
What are the key considerations in sampling techniques?
Who are the respondents of a study?
Who are the respondents of a study?
Which source provides information on enrolment and graduate records?
Which source provides information on enrolment and graduate records?
What kind of records do all police regencies and offices keep?
What kind of records do all police regencies and offices keep?
Which organization provides records of trade, industrial, and commercial establishments?
Which organization provides records of trade, industrial, and commercial establishments?
What is not a key consideration in sampling techniques?
What is not a key consideration in sampling techniques?
What is the annual supply of customize dresses according to the text?
What is the annual supply of customize dresses according to the text?
Based on the demand and supply analysis, what was the demand-supply gap in 2016?
Based on the demand and supply analysis, what was the demand-supply gap in 2016?
What does the text suggest as a consequence if there is a negative result in the demand-supply gap?
What does the text suggest as a consequence if there is a negative result in the demand-supply gap?
How is the annual supply calculated for convertible dresses in the text?
How is the annual supply calculated for convertible dresses in the text?
What is the assumed increase in supply each year according to the text?
What is the assumed increase in supply each year according to the text?
Why should a company consider new product lines or target markets if there is a negative result in the demand-supply gap?
Why should a company consider new product lines or target markets if there is a negative result in the demand-supply gap?
What is the purpose of segmentation in determining demand?
What is the purpose of segmentation in determining demand?
How did MGM apparel calculate the annual supply of customized dresses?
How did MGM apparel calculate the annual supply of customized dresses?
What does Past Demand refer to in the context provided?
What does Past Demand refer to in the context provided?
How does Supply represent the suppliers' ability to provide raw materials?
How does Supply represent the suppliers' ability to provide raw materials?
What is Projected Supply based on?
What is Projected Supply based on?
How does the entrepreneur use assumptions in analyzing demand?
How does the entrepreneur use assumptions in analyzing demand?
What is the minimum purchase required for availing free gift wrapping?
What is the minimum purchase required for availing free gift wrapping?
Under what conditions can a product be replaced at the dress shop?
Under what conditions can a product be replaced at the dress shop?
How many dresses are allowed for fitting at the same time in the dress shop?
How many dresses are allowed for fitting at the same time in the dress shop?
What pricing strategy does the dress shop use to set its product prices?
What pricing strategy does the dress shop use to set its product prices?
Where is the dress shop located?
Where is the dress shop located?
What opportunities does the location of the dress shop provide?
What opportunities does the location of the dress shop provide?
