« previous next »

Author Question: Explain the process and importance of interpretation in business ... (Read 73 times)

theo

  • Hero Member
  • *****
  • Posts: 698
on: Jun 29, 2018
Explain the process and importance of interpretation in business research.

Question 2

It is generally cheaper to _____ existing customers than to _____ new ones.
 a. persuade; deter c. persuade; deter
  b. deter; recruit d. keep; recruit


adf223

  • Sr. Member
  • ****
  • Posts: 304
Reply #1 on: Jun 29, 2018
Answer to Question 1

Interpretation is the process of drawing inferences from the analysis results. Inferences drawn from interpretations lead to managerial implications. In other words, each statistical analysis produces results that are interpreted with respect to insight into a particular decision. From a management perspective, the qualitative meaning of the data and their managerial implications are an important aspect of the interpretation.

Answer to Question 2

D
If consumers continue to see positive things about a firm or product, they are less likely to leave the relationship, whereas gaining a new customer requires much more investment.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

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?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

Every flu season is different, and even healthy people can get extremely sick from the flu, as well as spread it to others. The flu season can begin as early as October and last as late as May. Every person over six months of age should get an annual flu vaccine. The vaccine cannot cause you to get influenza, but in some seasons, may not be completely able to prevent you from acquiring influenza due to changes in causative viruses. The viruses in the flu shot are killed—there is no way they can give you the flu. Minor side effects include soreness, redness, or swelling where the shot was given. It is possible to develop a slight fever, and body aches, but these are simply signs that the body is responding to the vaccine and making itself ready to fight off the influenza virus should you come in contact with it.

The process of mitosis in an animal cell. The process of mitosis in an animal cell.
Successful agriculturalists must have a basic understanding of landscape structure and process. Thes Successful agriculturalists must have a basic understanding of landscape structure and process. Thes
The clotting process (coagulation). The clotting process (coagulation).
Private Practice Massage Therapy Business Plan Cont Private Practice Massage Therapy Business Plan Cont
Business Math Business Math
In a metallurgical process the mineral pyrite, FeS2, is roasted in air: FeS2 + O2 Fe2O3 + ... In a metallurgical process the mineral pyrite, FeS2, is roasted in air: FeS2 + O2 Fe2O3 + ...
Video: Primate Evolutionary Tree Animation

For a complete list of videos, visit our video library