Question

Use the following information to respond to the next five items. You have decided to use the Multi-Attribute Attitude Model to help you decide what you want to do for a gift to yourself after you graduate. You narrowed your choices to four activities from which you will make your selection. You have also generated a list of attributes that are important to you. You have evaluated those attributes and formed beliefs about each country concerning those attributes. The results are in the following table. Beliefs Climb Wild Grizzly Wild Lions Mount Everest Wrestle Steal Brush Attributes Riskiness Ease of getting there Cost to get there Cost while there Odd food Variety of activities Evaluations Gorilla Cubs Teeth 10 Using the compensatory process and the given total attitudes that you have for each country, which country, or countries, would you choose? a. Using the non-compensatory process known as conjunctive decision making, with a minimum score of 5, which country, or countries, would you choose? b. c. Using the non-compensatory process known as disjunctive decision making with a minimum score of 10, which country, or countries, would you choose? Using the non-compensatory process known as lexicographic decision making, which country would you choose? d. Because of recent culinary research, the odd food found in exotic locations is often more healthy than normal American food. For that reason, you have reconsidered your evaluations and you now consider odd food to be the most important. Now, using lexicographic decision making, which country would you choose? e.

Since there's no Marketing subject be noted that this is a marketing question please.

0 0
Add a comment Improve this question Transcribed image text
Answer #1

a. The compensatory process for selection of country has following scores for each attribute.

Wrestle wild Gorilla - 6.83

Steal Grzzly cubs - 6.66

Brush wild Lion's teeth - 6.83

Climb Mount Everest - 6.33

Based on the scores, options 1 and 3 will be chosen.

.2 Using the conjunctive criteria, only option 3 ( Brushing Wild Lion's teeth) is the only option to be selected.

3. On the minimm score of 10 criteria, option 2 ( steal grizly cubs) will be selected.

4. Depending upon relative importance of different attributes, the decison may be taken. For example, if riskiness is to be considered, option 2 is the best, whereas ease of getting there favors option 3.

5. Odd food factor has highest value for option 4 ( Climbing Mt. Everest) which would be considered in this case.

Add a comment
Know the answer?
Add Answer to:
Since there's no Marketing subject be noted that this is a marketing question please. Use the...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • (Subject is: Marketing Management so Please use a new unique words using keyboard, and sure I...

    (Subject is: Marketing Management so Please use a new unique words using keyboard, and sure I will like your answer). (Mention the number of the question in your answer please). CRITICAL WRITING Today, there is a great multitude and varieties of new products available in stores and online, from which consumers can choose. Think about the new products you've seen in the past two or three years, then choose a new product from any category. Questions       (2×5 = 10 Marks)...

  • 1. Deonna has been asked to write a marketing plan for a new pet food store....

    1. Deonna has been asked to write a marketing plan for a new pet food store. What questions will Deonna likely address in her marketing plan? Be specific and offer questions related to a pet food store. 2. Why is it important for companies to establish a sustainable competitive advantage? 3. What role will marketing play in Finance career path? 4.Describe how social media has changed the way firms communicate with you relative to traditional forms of marketing products (i.e....

  • The buying center for USF corporation is in the process of discussing price, quality, and delivery schedules with poten...

    The buying center for USF corporation is in the process of discussing price, quality, and delivery schedules with potential suppliers. They are in the ___ stage of the business buying process. Vendor evaluation Vendor negotiation Product specification Need recognition Vendor performance assessment None of the above Brenda was planning a small dinner party, and had gone to a new specialty food store with coupons she'd found in the food section of the paper. At the store she also found a...

  • The information retrieval stage of the consumer decision-making model would tend to be the least involved...

    The information retrieval stage of the consumer decision-making model would tend to be the least involved for which of the following hospitality and travel services? a. a rental car for a three day vacation weekend b. a restaurant for a casual lunch c. a hotel for a large wedding reception Which of the following statements is not true in regard to postconsumption feelings? a. they are based on consumers' expectations and actual firm performance b. hospitality chains have an advantage...

  • Choose a product/service (not the same one you are using for the final project (marketing plan)....

    Choose a product/service (not the same one you are using for the final project (marketing plan). Answer the following questions: Considering direct, online, social media and mobile marketing options, which 2 options do you feel would be the best to use in relation to the product/service you have chosen? Why? Describe the options you justified above and outline specific methods you would adopt in using those 2 options. Discuss specific uses, platforms, and messages you would ensure are marketed through...

  • do only last three question i.e 5,6,7 Marketing Organic Foods to the General Public Organic foods...

    do only last three question i.e 5,6,7 Marketing Organic Foods to the General Public Organic foods have been increasing in popularity in Canada. A.C. Nielsen's Fresh Track surveys found that sales of organic fruits and vegetables increased by 8 percent in 2018 and reached annual sales volume of 33 million; industry experts expect sales figures to experience double-digit growth for the next few years. Though these numbers are encouraging, there are reasons for organic farmers to worry. A.C. Nielsen figures...

  • Give two separate opinions The marketing concept is a philosophy which bases a business' success on...

    Give two separate opinions The marketing concept is a philosophy which bases a business' success on the wants, needs, and satisfaction of their consumer base (Finch, 2012, 1.1.) This philosophy places consumers at the forefront of the money-making aspect of a business. Without proper marketing, a business will miss out on a lot of profit. Marketing is a great way for a business to build notoriety among consumers. By taking into account the feedback they receive from their past consumer's,...

  • Question 1 View Policies Current Attempt in Progress How many factors make up the marketing environment? 3 0 1...

    Question 1 View Policies Current Attempt in Progress How many factors make up the marketing environment? 3 0 1 eTextbook and Media Question 2 View Policies Current Attempt in Progress The micro-environment is sometimes referred to as the internal environment True False eTextbook and Media t Question 3 View Policies Current Attempt in Progress Which element would be categorized in the for managers at Ben& Jerry Population trends Cultural beliefs Legal repulations Ingredients eTextbook and Media Question4 View Policies Current...

  • 0.5 points for each question correctly answered. Which of the following does not belong to the as...

    0.5 points for each question correctly answered. Which of the following does not belong to the assumptions underlying the classical model of decision making? 1. All information on possible alternatives is available to managers Managers have the ability to correctly process all the available information . Managers have very good levels of intuition Managers know which course of action is going to be the best for the organization . Which of the following does not belong to the assumptions underlying...

  • 1. Describe the market conditions that influence a firm's decision to enter foreign markets. 2. Assume...

    1. Describe the market conditions that influence a firm's decision to enter foreign markets. 2. Assume you are the marketing department for a low end retail store chain, you might think of a chain similar to Dollar General. Your firm has decided to begin an expansion into the global market. Currently, you are considering building stores in France, Ecuador, Brazil and Australia. Gather information about these countries using the CIA Factbook available online and other resources. Using the data you...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT