You Have Determined That a 60 Percent Learning Curve Is

question 28

Multiple Choice

You have determined that a 60 percent learning curve is appropriate for a task. If your initial timing of person performing that task was 35 minutes and if you need the task performed 1,000 times, how many minutes of work will be required?

• A) 3,500.0 minutes
• B) 1,062.5 minutes
• C) 705.25 minutes
• D) 450.5 minutes
• E) 220.3 minutes

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Definitions:

Market Segments

Distinct groups of potential customers with similar needs, characteristics, or behaviors who are likely to respond in a similar way to a company's offerings.

Market-Product Grid

A tool used to identify and understand market segments and product offerings, facilitating strategic decisions.

Multiple Products

Offering a range of different goods or services within a business's portfolio to cater to various customer preferences or market segments.

Multiple Market Segments

The practice of dividing a broad consumer or business market, normally consisting of existing and potential customers, into sub-groups with similar needs or characteristics.