Promo and sales - Study guides, Class notes & Summaries

ABC classification CORRECT ANSWER Process of classifying items in descending order based on annual dollar volume or some other criteria. The list is then split into 3 classes - A, B, and C. A represents 10-20% of items but 50-70% of dollar volume; B represents 20% of items and 20% of dollar volume; C represents 60-70% of items but 10-30% of dollar volume. This principle states that effort and money can be saved by applying looser controls to the low dollar volume items (C class) than the higher ...

Comp XM Questions And Answers Latest Update Graded A+ Segment/Perf/Size Thrift +-0.5 -0.5 Core +0.8 -0.8 Nano +0.8 -1.1 Elite +1.1 -0.8 THE ONLY PRODUCT THAT DOES NOT MOVE, IT'S THE PRODUCT IN LOW END SEGMENT. LEAVE THIS PRODUCT AT 3.0 AND 17.0 You want to increase performance and reduce size as much as you can without the revision date reaching July. Prices between each round Don't change the price! Price for each product Nano - max Elite - max Core - a few bucks bel...

Segment/Perf/Size - Thrift +-0.5 -0.5 Core +0.8 -0.8 Nano +0.8 -1.1 Elite +1.1 -0.8 *THE ONLY PRODUCT THAT DOES NOT MOVE, IT'S THE PRODUCT IN LOW END SEGMENT. LEAVE THIS PRODUCT AT 3.0 AND 17.0* You want to increase performance and reduce size as much as you can without the revision date reaching July. Prices between each round - Don't change the price! Price for each product - Nano - max Elite - max Core - a few bucks below Thrift - a few bucks below Automation - increase automat...

Comp XM Questions And Answers Latest Update Graded A+ Segment/Perf/Size Thrift +-0.5 -0.5 Core +0.8 -0.8 Nano +0.8 -1.1 Elite +1.1 -0.8 THE ONLY PRODUCT THAT DOES NOT MOVE, IT'S THE PRODUCT IN LOW END SEGMENT. LEAVE THIS PRODUCT AT 3.0 AND 17.0 You want to increase performance and reduce size as much as you can without the revision date reaching July. Prices between each round Don't change the price! Price for each product Nano - max Elite - max Core - a few bucks bel...

Capsim Final Exam Review (2024) || Questions & Answers (Graded A+) Capsim Final Exam Review (2024) || Questions & Answers (Graded A+) What customer segment(s) does your company sell your product to? - ANSWER - Low tech and high tech Two expectations customers have that are part of the Customer Buying Criteria - ANSWER - Positioning and price Two of the scoring methods you are measured on in the simulation - ANSWER - Sales and contribution margin What decisions are made in the R&D de...

ABC classification correct answers Process of classifying items in descending order based on annual dollar volume or some other criteria. The list is then split into 3 classes - A, B, and C. A represents 10-20% of items but 50-70% of dollar volume; B represents 20% of items and 20% of dollar volume; C represents 60-70% of items but 10-30% of dollar volume. This principle states that effort and money can be saved by applying looser controls to the low dollar volume items (C class) than the higher...

Comp XM Exam Questions and Answers 100% Pass Pfmn - Answer- new performance coordinate on the perceptual map; performance indicates how well your product performs (speed, sensitivity, etc.); the long term trend is towards higher performance; enter the performance specification you want your product to have when the project finishes; for existing products, the farther the move, the longer the time and the higher the cost; for new products, project length depends upon proximity to your exist...

CompXM TEST QUESTIONS AND ANSWERS Pfmn - CORRECT ANSWER new performance coordinate on the perceptual map; performance indicates how well your product performs (speed, sensitivity, etc.); the long term trend is towards higher performance; enter the performance specification you want your product to have when the project finishes; for existing products, the farther the move, the longer the time and the higher the cost; for new products, project length depends upon proximity to your existing...

COMP XM Exam Questions And Answers Segment/Perf/Size - ANS Thrift +-0.5 -0.5 Core +0.8 -0.8 Nano +0.8 -1.1 Elite +1.1 -0.8 *THE ONLY PRODUCT THAT DOES NOT MOVE, IT'S THE PRODUCT IN LOW END SEGMENT. LEAVE THIS PRODUCT AT 3.0 AND 17.0* You want to increase performance and reduce size as much as you can without the revision date reaching July. Prices between each round - ANS Don't change the price! Price for each product - ANS Nano - max Elite - max Core - a few buck...

Segment/Perf/Size - correct answer Thrift +-0.5 -0.5 Core +0.8 -0.8 Nano +0.8 -1.1 Elite +1.1 -0.8 *THE ONLY PRODUCT THAT DOES NOT MOVE, IT'S THE PRODUCT IN LOW END SEGMENT. LEAVE THIS PRODUCT AT 3.0 AND 17.0* You want to increase performance and reduce size as much as you can without the revision date reaching July. Prices between each round - correct answer Don't change the price! Price for each product - correct answer Nano - max Elite - max Core - a few bucks below Thri...