Explain transaction utility in your everyday life

3.Explain transaction utility in your everyday life.

4.Explain production function with examples in your everyday life.

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All: Why do managers need to know statistics?

1.In math, 3 is always greater than 2.8. Is it also true in statistics?

2.How many CSUSB students (out of 16,000) do we need to survey to learn about their Internet shopping preferences?

1. List three goods you purchased last month. How much of them is tangible goods and how much is service? Explain.

2. List three services you purchased last month. How much of them is tangible goods and how much is service? Explain

1. Explain and list all the benefits in the CBP related to purchasing Internet service from Frontier.

2. Explain and list all the benefits in the CBP related to purchasing groceries from Vons and have it delivered.

All: Explain the value, using the formula in the PPT, provided by 99 Cents Stores and Nordstrom.

1. Identify primary value adding activities for In N Out.

2. Identify primary value adding activities for Amazon.com.

1. Tony Hsieh talks about delivering happiness. What is this about? How does he or Zappos deliver happiness?

2. Is delivering happiness part of Zappos’ supply chain? How does that affect their business, at what cost?

All: Find a product you like that is designed for the environment, and a product that adds a Pink Tax for its women consumers. Explain.

All: Describe the service scape of a family doctor’s clinic.

1.Find a high contact service and explain why high contact is preferred or beneficial.

2.Find a low contact service and explain why low contact is preferred or beneficial.

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