This topic contains a solution. Click here to go to the answer

Author Question: Which of the following is TRUE? a. The most fundamental criterion in designing a marketing ... (Read 38 times)

lilldybug07

  • Hero Member
  • *****
  • Posts: 546
Which of the following is TRUE?
 a. The most fundamental criterion in designing a marketing information system is an accurate, objective assessment of each manager's decision-making responsibilities, capabilities, and style.
  b. The proper way to define what information is to be provided by a marketing information system is to ask each manager what information he or she would like to have and then go about designing a system to provide that information.
  c. In a marketing information system it is important that data files be aggregated as much as possible so as to prevent the manager from being inundated with too many bits and pieces of information.
  d. Both a and b are true.
  e. All of the above are true.

Question 2

Consider the regression equation Y = 5 + 16X1 + 38X2 relating annual expenditures on a particular product Y to X1
  and X2, where
  X1 X2
  If a person belongs to lower class 0 0
  If a person belongs to middle class 1 0
  If a person belongs to upper class 0 1
  Which of the following is FALSE? The equation suggests
 a. An upper class person could be expected on the average to spend 38 per year more than a lower classperson on the product.
 b. A middle class person could be expected on the average to spend 16 more per year on the product than alower class person.
 c. A lower class person could be expected on the average to spend 5 per year on the product.
  d. An upper class person could be expected on the average to spend 22 more per year on the product than amiddle class person.
 e. An upper class person could be expected on the average to spend 38 per year on the product.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

matt95

  • Sr. Member
  • ****
  • Posts: 317
Answer to Question 1

a

Answer to Question 2

e




lilldybug07

  • Member
  • Posts: 546
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


Dominic

  • Member
  • Posts: 328
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

For a complete list of videos, visit our video library