In Your Neighborhood There Is a Small Men's Store That

question 83

Multiple Choice

In your neighborhood there is a small men's store that has a limited selection of clothing,but the selection that is carried is of very high quality and price.Services include free alterations and tailoring,personalized record keeping,and free dry cleaning.The inside of the store has deep leather chairs and couches and thick pile carpet.Upon entering the store,one feels "special and rich." In terms of differentiation,what is this retailer trying to communicate by its decorations and service level

• A) Differentiation based upon services mix and atmosphere
• B) Differentiation based upon prepurchase services
• C) Differentiation based upon postpurchase services and atmosphere
• D) Differentiation based upon ancillary services and atmosphere
• E) None of the above

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Definitions:

Dependent Variables

Variables in an experiment or model that are expected to change in response to changes in independent variables.

Intercept

In the context of a regression line, it is the expected value of the dependent variable when all independent variables are zero.

Slope

In the context of linear regression, the coefficient indicating the rate of change in the dependent variable for one unit change in an independent variable.

Coefficient Of Determination

A statistical measure, often denoted as R^2, that represents the proportion of the variance in the dependent variable predictable from the independent variable(s).