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A Perceptual Mapping Study Was Conducted to Explore Consumers' Perceptions

question 30

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A perceptual mapping study was conducted to explore consumers' perceptions of various brands of television sets.Two dimensions were discovered: Picture Quality and Sound.The average ratings for different brands,as well as the Ideal brand,on each dimension is shown below.The scale range is from + 3 to -3. BrandPicture QualitySound A .2.7 B 2.5.3 C 1.51.5 D 1.01.0 E 2.31.0 F 2.01.3 G 2.0.7 H 2.52.5 Ideal 2.7.1\begin{array} { c } Brand&Picture~ Quality&Sound\\\text { A } & .2 & .7 \\ \text { B } & 2.5 & .3 \\ \text { C } & 1.5 & - 1.5 \\ \text { D } & 1.0 & - 1.0 \\ \text { E } & 2.3 & - 1.0 \\ \text { F } & - 2.0 & - 1.3 \\ \text { G } & - 2.0 & .7 \\ \text { H } & 2.5 & 2.5 \\ \text { Ideal } & 2.7 & .1 \end{array} In order to move closer to the Ideal,Brand E needs to primarily generate more positive perceptions of its ________.


Definitions:

Franchise Contracts

Legal agreements that allow for the licensing of trademarks and methods of doing business between a franchisor and franchisee, outlining the duties and rights of both parties.

Termination Notice

A formal written statement indicating the end of an agreement or employment, typically within a specified period.

Franchisee

An individual or company that has acquired the rights to use a franchisor's brand and business model in a specific territory.

Wind Up

The process of concluding or finalizing the affairs of a business or an entity, leading towards its dissolution.

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