Wal-Mart,AirAsia,and Acer Serve Customers Who Want Reliable,good-Quality Products or Services,but

question 73

Multiple Choice

Wal-Mart,AirAsia,and Acer serve customers who want reliable,good-quality products or services,but who want them cheaply and easily.These companies are all known for pursuing a value discipline known as ________.

• A) operational excellence
• B) customer intimacy
• C) middle-of-the-road
• D) product leadership
• E) marketing insight

---

Definitions:

Degrees Of Freedom

The number of values in a study that are free to vary when statistics, like variance, are being calculated, influencing the shape of various distributions.

Parameters Estimated

The process of using sample data to estimate the values of parameters in a statistical model.

Normal Population

A population that follows a normal distribution, where the mean, median, and mode are equal, and the data symmetrically distributes around the mean.

Degrees Of Freedom

The quantity of unique variables or figures permissible in a statistical distribution adhering to set restrictions.