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Please write a reflective journal on data Preparation and Presentation, Editing and Coding, The Data Dictionary...

Please write a reflective journal on data Preparation and Presentation, Editing and Coding, The Data Dictionary and Displaying the Data

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Answer #1

The following is an assignment for students to collect and analyses Brand Z data and suggest strategies for the same .This will develop a thought process of analytical level of learning according to bloom’s taxonomy.

A reflective writing on product life cycle process of Brand Z will include the following

Market

Sales numbers in millions

Sales data of each sub area of the market

Product & industry stage

Prospective stage of the brand

Inferences

A

10

High Volume, less growth

Decline

Requires attention

B

25

20% market share ,profitable segment

Maturing

Product extension

C

23

Innovative product in lag market, potential cash cow

Introduction

Induce trial

D

28

Less ,market coverage, high profit ,combating competition strategy

Stagnation

Line filling
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