Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

FIGURE 3-3 ESTIMATING MARKET POTENTIAL-PERSONAL COMPUTERS 100 80 880 60 60 Market Development Index (MDI) - Geographic Scope of Market Focus Scale (e.g., none,

image text in transcribed

FIGURE 3-3 ESTIMATING MARKET POTENTIAL-PERSONAL COMPUTERS 100 80 880 60 60 Market Development Index (MDI) - Geographic Scope of Market Focus Scale (e.g., none, thousands, millions, billions) Worldwide Millions Consuming Unit (e.g., household, business) Current Market Demand (units) Individual User 325 Performance Factors Performance Maximum Number of Consuming Units 4,500 Buying Ceiling (% who can buy at average price) 50% Annual Purchase Rate 20% Quantity per Purchase 1 Market Potential (units) 450 Market Development Index (MDI) 72 Average Price (for achieving buying ceiling) $650 Market Potential (millions) $292,500 40 40 20 20 2000 2010 2020 Market Penetration 0 1980 1990

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Quantitative Analysis For Management

Authors: Barry Render, Ralph M. Stair, Michael E. Hanna

11th Edition

9780132997621, 132149117, 132997622, 978-0132149112

More Books

Students also viewed these General Management questions

Question

1. Walk to the child, look into his or her eyes.

Answered: 1 week ago