Author Question: Which of the following is not an advantage of simulation over other data sources? a. Development of ... (Read 10 times)

Pineappleeh

  • Hero Member
  • *****
  • Posts: 585
Which of the following is not an advantage of simulation over other data sources?
 a. Development of the model is relatively simple and straightforward.
  b. It allows evaluation of alternative marketing strategies.
  c. Simulation can be conducted in complete secrecy.
  d. It can be used as a training device within the organization.
  e. Simulation encourages creativity since radical strategy changes can be evaluated.

Question 2

A fixed-alternative question which lists ten possible services that could be provided by a local bank and asks respondents to check as many as apply to the question: Which of the following banking services do you currently use for First City Bank? is an example of a(n) ______ question.
 Fill in the blank(s) with correct word



nekcihc358

  • Sr. Member
  • ****
  • Posts: 327
Answer to Question 1

A
A major limitation of market simulation is the difficulty of developing a valid simulation model.

Answer to Question 2

checklist



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

For a complete list of videos, visit our video library