Business, 18.03.2020 04:14 lonelynomad00

Company ABA showed its customers products with various combinations of features and attributes, with price being one of them. Its customers were asked: "Which combination do you prefer most, next most, etc.?" What type of study did Company ABA conduct?

Answers: 1

Show answers

Answers

Answer from: alarconanais07

The correct answer is conjoint analysis.

Explanation:

Joint analysis is a technique used in market research to obtain the value that a group of interviewees assigns to each attribute of an object, and is a statistical measure of consumer attitude that quantifies the relative impact of a combination of attributes of a product on your purchase decision, comparing with similar combinations.

Answer from: mallorytaylor279

conjoint analysis

Explanation:

A conjoint analysis is a marketing research tool developed in the 1970s and used primarily to determine which product attributes (feature, function, benefits) do customers value most and which ones they value less and would be willing to trade or give up in order to get more of an attribute that they really like.

E.g. some products try to satisfy too many needs and have an excess number of features that many people do not use, and simply make them more expensive. Smart TVs exist since 2005, back then they were called internet TVs. But that internet connecting function was extremely expensive, so customers didn't buy them. The whole concept had to change because consumers didn't like the product and it took a national conjoint analysis to show that TV manufacturers messed up. They had to change the name and offer features that people wanted along with services that could be used. The old name was discarded because consumers associated internet TVs with expensive and useless products, so now we have smart TVs that everyone uses and needs. This research showed that back in 2009, less than 30% of the people that bought them actually tried to connect them to the internet, and they were extremely expensive because of this and other recording features that were actually eliminated to focus on what customers really wanted.

Answer from: Quest

i do believe its modular luck

explanation:

Answer from: Quest

Sample response: tara should research cheaper colleges, living at home while attending school, and good savings plans. this is the answer that they are looking for on edgenuity

Another question on Business

Business, 23.06.2019 02:30

Tara and her parents want to save at least $40,000 for college in 8 years. which statement describes the most effective savings plan for tara and her parents to meet their goal? tara and her parents should make deposits of $300 every month into a college savings account. tara and her parents should make deposits of $450 every month into a college savings account. tara and her parents should make deposits of $3,000 every year into a college savings account. tara and her parents should make deposits of $4,000 every year into a college savings account

Answers: 1

Answer

Business, 23.06.2019 03:00

What is the w-4 form used for? filing taxes with the federal government determining the amount of money an employee has paid out in taxes calculating how much tax should be withheld from a person’s paycheck calculating how much income was paid in the previous year

Answers: 1

Answer

Business, 23.06.2019 05:30

Aslam wants to create multiple worksheet containing common formatting styles for his team members. which file extension him to save these worksheets? [templates,workbooks,files] aslam to create multiple worksheets with common styles. he needs to save them with the [xlsb,xlts,xls,xlsm] extension.

Answers: 2

Answer

Business, 23.06.2019 08:30

Which of the following scenarios will probably cause prices to drop

Answers: 3

Answer

You know the right answer?

Company ABA showed its customers products with various combinations of features and attributes, with...

Questions