Probability Memo

Probability Distribution Nick Haman Dr. Annette West/RES 341 memo To Stakeholders at Aquine We here at Aquine go throughes bind been personnel casualty through many tough fourth dimensions lately as our market trade in the watch industry has pass along to only 5%. In the past few years we have fallen off the watch market in a major way, our sales atomic number 18 steadily declining while at the very(prenominal) time our rejection point by the SOCC is rising. At the present time our rejection rate is at 67% of the watches we send to be tried and true by the SOCC. This is change state a major problem and angiotensin-converting enzyme that we need to clear up immediately. In our research discipline of our consumers and our competitors we make up out both major concepts. One is that the watch industry and sales have been on the rise, yet we are declining in sales. Two we found out that our consumers are much likely to buy watches with the SOCC certification. This tells me two things, we are non developing like we should, and we are not make itting enough watches pass by the SOCC. Seems like a simple fix responsibility? Well not any adept agrees with my passs of upgrading and buying of several machines. It was brought to my attention that close to view our marketing strategy was in-affective. However, after a thought of stochastic consumers it was brought to our attention that people have heard of our watches, they bop who Krysten Neiman is, and in general our consumers think our advert is effective. This research proves that it is not our advertising that is failing. So with this nurture there is only one pick left, and that is the fact that our watches are not of the best lumber that they should be and this is proven by our low credence rate from the SOCC. lettered this information is why I made the recommendation of upgrading the machines that go forth increase our acceptance rate by the SOCC to everywhere 90%. Th is means that we will have a die acceptance! rate by the SOCC than all three of our otherwise competitors, and with this information I am confident that...If you want to get a full essay, order it on our website: OrderEssay.net

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