Author Question: A randomized block design is a variation of GLM ANOVA. Indicate whether the statement is true or ... (Read 103 times)

theo

  • Hero Member
  • *****
  • Posts: 698
A randomized block design is a variation of GLM ANOVA.
 
 Indicate whether the statement is true or false

Question 2

Explain what is meant by core and value-added and give an example of how this applies to the purchase of a car.



mmpiza

  • Sr. Member
  • ****
  • Posts: 354
Answer to Question 1

T

Answer to Question 2

Some marketers say that everything we buy has some element of a good and some element of a service. They maintain that perhaps only raw materials such as coal or wheat are examples of pure goods. Everything else has been processed, and that processing is a value-added service. Thus, we can examine any business and consider what are its core versus its value-added services. Distinguishing these elements also helps us identify our competition. For example, when a car is purchased, the provision of the automobile itself might be considered the core purchase; it's the corporate fundamentals, the reason the car maker is in business. These are the qualities that the company better get right; they're the basics of what customers expect. The value-added supplemental services are those on which the car company might distinguish itself; it might claim that its financing and service plans are more generous, its people more competent and friendly, etc.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

mmpiza

  • Sr. Member
  • ****
  • Posts: 354

 

Did you know?

Medication errors are three times higher among children and infants than with adults.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

For a complete list of videos, visit our video library