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book Basic Marketing Research 7th Edition by Gilbert Churchill,Tom Brown,Tracy Suter cover

Basic Marketing Research 7th Edition by Gilbert Churchill,Tom Brown,Tracy Suter

Edition 7ISBN: 978-1439041390
book Basic Marketing Research 7th Edition by Gilbert Churchill,Tom Brown,Tracy Suter cover

Basic Marketing Research 7th Edition by Gilbert Churchill,Tom Brown,Tracy Suter

Edition 7ISBN: 978-1439041390
Exercise 16
Store-More is a large department store located in Lansing, Michigan. The manager is worried about the constant overstocking of a number of items in the various departments. Approximately 3,000 items ranging from small multipurpose wrenches to lawn mowers are overstocked every month. The manager is uncertain whether the surpluses are primarily due to poor purchasing policies or poor store layout and shelving practices. The manager realizes the difficulty of scrutinizing the purchase orders, invoices, and inventory cards for all the items that are overstocked. She decides on choosing a sample of items but does not know how to proceed.
a. Identify the population elements and sampling frame.
b. What sampling method would you recommend Why Be specific.
c. How would you draw the sample based on this sampling method
Explanation
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Basic Marketing Research 7th Edition by Gilbert Churchill,Tom Brown,Tracy Suter
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