The First Unit of a Product Took 80 Work Days

question 66

Multiple Choice

The first unit of a product took 80 work days.The learning curve is estimated to be 90%.The time for the fourth unit will be about ________ work days and the time for the first four units will be about ________ work days.(Use Table E.3)

• A)51;250
• B)250;51
• C)65;285
• D)51;cannot be determined
• E)65;cannot be determined

Understand the importance of a marketing strategy for business success, especially for small businesses.

Recognize different sales forecasting methods and their applications.

Grasp the process involved in making purchasing decisions and the concept of buyer's remorse.

Understand the five steps of the marketing research process and their correct order.

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Definitions:

Stimulus Motive

A drive that is based on needs for exploration, manipulation, curiosity, and stimulation of the senses.

Primary Drive

Fundamental biological needs or urges, such as hunger, thirst, and sex, that motivate behavior.

Unlearned

Refers to behaviors or responses that are natural or inherent, not acquired or taught.

Learned

Acquired or developed as a result of experience, education, or training.