Author Question: Which of the following is not an advantage of simulation over other data sources? a. Development of ... (Read 62 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?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

For a complete list of videos, visit our video library