Answer:
Exploratory
Explanation:
Sheena, marketing manager for Yaard-Vark Lawn Tractors, is interested in the relationship between the prices of lawn tractors and the level of sales. To test whether increasing prices will lead to a change in sales and, if so, how much of a change, she should use exploratory research.
Exploratory research is the kind of research where an unknown phenomenon is worked upon. In this case, Sheena does not know the effects of prices on sales. Therefore she carries out exploratory research to fill in the blanks.
Answer:
Price lining
Explanation:
Price lining is defines as the pricing strategy where related products are sold at different prices to customers.
Usually the price difference depends on the level of quality of the products.
For example a beverage company with different drinks having various flavours will have a different price for each one.
In the given scenario price lining is occurring at a larger scale when Marriott branded its entire family of accommodations based on different value propositions.
These include Ritz-Carlton and JW Marriott for the most discriminating patron, Marriott and Renaissance at the next level of full service, and an array of differentially positioned brands such Courtyard and Residence Inn.
<span>One of the benefits of contracting with celebrities to endorse the company's brand of athletic product is: It attracts attention
A celebrity tend to has huge followers. By making that celebrity endorse our product, we will increase our brand recognition in the market and increases our customers.</span>
Answer:
Labor Rate Variance = - $1,188 Unfavorable
Explanation:
Provided labor hours for each radio = 0.9
Standard labor cost per hour = $7.20
Actual labor cost = $48,708
Actual labor hours = 6,600
Actual labor rate = $48,708/6,600 = $7.38
Labor Rate Variance = (Standard Rate - Actual Rate) Actual Hours
= ($7.20 - $7.38) 6,600 =<em><u> - $1,188 Unfavorable</u></em>
Answer: Controlling PMO
Explanation:
Controlling PMO works as an auditor for the company, tis check the organization tools, processes and ensures if standard are applied in projects. They are known by their level at which they control projects, they manage the project activities and budget. Actions are taken into place when measures are not met in the processes, tools and standard.