Which of the Following Techniques Uses an Estimate of the Eventual

question 46

Multiple Choice

Which of the following techniques uses an estimate of the eventual penetration rate,an estimate of the ultimate repeat rate,and an estimate of the relative product category usage rate of buyers of the new brand to determine eventual market share?

• A)Parfitt-Collins model
• B)Boston Consulting Group Matrix
• C)Porter's Five Forces model
• D)GE's industry analysis evaluation

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Definitions:

Vocational Training

Education or training that prepares individuals for specific trades, crafts, or careers at various levels from a trade, a craft, technician, or a professional position in engineering, accountancy, nursing, medicine, architecture, pharmacy, law etc.

College-Bound

A term describing students who intend to continue their education at a college or university after high school.

Workforce Preparation

The process of equipping individuals with the skills, knowledge, and competencies required to enter and succeed in the labor market.

Decent Wages

Compensation for work that is fair, sufficient for a decent living, and commensurate with the cost of living.