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SWOT analysis of Bingo Chips analyses the brand/company with its strengths, weaknesses, opportunities & threats. In Bingo Chips SWOT Analysis, the strengths and weaknesses are the internal factors whereas opportunities and threats are the external factors.
SWOT Analysis is a proven management framework which enables a brand like Bingo Chips to benchmark its business & performance as compared to the competitors and industry. Bingo Chips is one of the leading brands in the food & beverages sector.
The table below lists the SWOT (Strengths, Weaknesses, Opportunities, Threats), top Bingo Chips competitors and includes Bingo Chips target market, segmentation, positioning & Unique Selling Proposition (USP).
Bingo Chips | |
| Parent Company | ITC Limited |
|---|---|
| Category | Wafers |
| Sector | |
| Tagline/ Slogan | No confusion great combination |
| USP | The crunchiest potato chips |
| Bingo Chips STP | |
| Bingo Chips Segmentation | People who want to have between meal snacks |
| Bingo Chips Target Market | Youth of Lower, middle income |
| Bingo Chips Positioning | Great chips with great flavors |
| Bingo Chips SWOT Analysis | |
| Bingo Chips Strengths | Below are the Strengths in the SWOT Analysis of Bingo Chips: 1.Excellent branding and advertising on TVCs and print ads 2.Excellent distribution and availability 3.Great variety of flavors gives customers options |
| Bingo Chips Weaknesses | Here are the weaknesses in the Bingo Chips SWOT Analysis: 1.Health conscious people avoid High fat and cholesterol in potato wafers |
| Bingo Chips Opportunities | Following are the Opportunities in Bingo Chips SWOT Analysis: 1.Leverage successful brand ITC 2.Advertise more to attract target group 3.Buy out smaller competition and tie-ups with resort, food chains |
| Bingo Chips Threats | The threats in the SWOT Analysis of Bingo Chips are as mentioned: 1.Threat from local substitute snacks 2.Reduced consumption by health conscious people |
| Bingo Chips Competition | |
| Competitors | Below are the top 4 Bingo Chips competitors: 1.Lays 2.Haldirams Wafer 3.Parle Wafers 4.Local Wafer |
Target Bingo Cards
This article has been researched & authored by the Content & Research Team. It has been reviewed & published by the MBA Skool Team. The content on MBA Skool has been created for educational & academic purpose only.
Similar analysis has also been done for the competitors of the company belonging to the same category, sector or industry. Browse marketing analysis of more brands and companies similar to Bingo Chips. The BrandGuide section covers SWOT Analysis, Competitors, Segmentation, Target Market, Positioning & USP of more than 2800 brands from over 20 industry sectors.
Search & Explore : BrandGuide
Edit the Brand or Add a New One : Contribute to BrandGuide
Binomial Probability 'At Most' and 'At Least' MathBitsNotebook.com Topical Outline | Algebra 2 Outline | MathBits' Teacher Resources Terms of Use Contact Person:Donna Roberts |
When computing 'at least' and 'at most' probabilities, it is necessary to consider, in addition to the given probability, • all probabilities larger than the given probability ('at least') • all probabilities smaller than the given probability ('at most') |
|
Illustration:
A bag contains 6 red Bingo chips, 4 blue Bingo chips, and 7 white Bingo chips. What is the probability of drawing a red Bingo chip at least 3 out of 5 times? Round answer to the nearest hundredth.
To solve this problem, we need to find the probabilities that r could be 3 or 4 or 5,
to satisfy the condition 'at least'.
It will be necessary to compute
for r = 3, r = 4 and r = 5 (which means do the formula three times)
and add these three probabilities for the final answer.
Written in summation notation, we need to compute:
| For r = 3: | |
| For r = 4: | |
| For r = 5: | |
| Sum: | 0.184 + 0.050 + 0.005 = 0.239 rounded to the nearest hundredth = 0.24 ANS |
Note: it may be helpful to remember in this problem that
'at most 2 successes' is the compliment of 'at least 3 successes'.
In the following examples, answers will be rounded to the nearest hundredth.
A family consists of 3 children. What is the probability that at most 2 of the children are boys? Solution: | |||||
|
| Team A and Team B are playing in a league. They will play each other five times. If the probability that team A wins a game is 1/3, what is the probability that team A will win at least three of the five games? | |||||
Solution: 'At least' 3 wins implies 3, 4, or 5 wins.
|
| As shown in the accompanying diagram, a circular target with a radius of 9 inches has a bull's-eye that has a radius of 3 inches. If five arrows randomly hit the target, what is the probability that at least four hit the bull's-eye? Express answer to the nearest thousandth. | ||||
Solution: 'At least' 4 hits implies 4 or 5 hits. The area of the bull's-eye is 9π and the area of the entire target is 81π. The probability of hitting the desired bull's-eye is 1/9.
|
|
|
SWOT Analysis is a proven management framework which enables a brand like Bingo Chips to benchmark its business & performance as compared to the competitors and industry. Bingo Chips is one of the leading brands in the food & beverages sector.
The table below lists the SWOT (Strengths, Weaknesses, Opportunities, Threats), top Bingo Chips competitors and includes Bingo Chips target market, segmentation, positioning & Unique Selling Proposition (USP).
Bingo Chips | |
| Parent Company | ITC Limited |
|---|---|
| Category | Wafers |
| Sector | |
| Tagline/ Slogan | No confusion great combination |
| USP | The crunchiest potato chips |
| Bingo Chips STP | |
| Bingo Chips Segmentation | People who want to have between meal snacks |
| Bingo Chips Target Market | Youth of Lower, middle income |
| Bingo Chips Positioning | Great chips with great flavors |
| Bingo Chips SWOT Analysis | |
| Bingo Chips Strengths | Below are the Strengths in the SWOT Analysis of Bingo Chips: 1.Excellent branding and advertising on TVCs and print ads 2.Excellent distribution and availability 3.Great variety of flavors gives customers options |
| Bingo Chips Weaknesses | Here are the weaknesses in the Bingo Chips SWOT Analysis: 1.Health conscious people avoid High fat and cholesterol in potato wafers |
| Bingo Chips Opportunities | Following are the Opportunities in Bingo Chips SWOT Analysis: 1.Leverage successful brand ITC 2.Advertise more to attract target group 3.Buy out smaller competition and tie-ups with resort, food chains |
| Bingo Chips Threats | The threats in the SWOT Analysis of Bingo Chips are as mentioned: 1.Threat from local substitute snacks 2.Reduced consumption by health conscious people |
| Bingo Chips Competition | |
| Competitors | Below are the top 4 Bingo Chips competitors: 1.Lays 2.Haldirams Wafer 3.Parle Wafers 4.Local Wafer |
Target Bingo Cards
This article has been researched & authored by the Content & Research Team. It has been reviewed & published by the MBA Skool Team. The content on MBA Skool has been created for educational & academic purpose only.
Similar analysis has also been done for the competitors of the company belonging to the same category, sector or industry. Browse marketing analysis of more brands and companies similar to Bingo Chips. The BrandGuide section covers SWOT Analysis, Competitors, Segmentation, Target Market, Positioning & USP of more than 2800 brands from over 20 industry sectors.
Search & Explore : BrandGuide
Edit the Brand or Add a New One : Contribute to BrandGuide
Binomial Probability 'At Most' and 'At Least' MathBitsNotebook.com Topical Outline | Algebra 2 Outline | MathBits' Teacher Resources Terms of Use Contact Person:Donna Roberts |
When computing 'at least' and 'at most' probabilities, it is necessary to consider, in addition to the given probability, • all probabilities larger than the given probability ('at least') • all probabilities smaller than the given probability ('at most') |
|
Illustration:
A bag contains 6 red Bingo chips, 4 blue Bingo chips, and 7 white Bingo chips. What is the probability of drawing a red Bingo chip at least 3 out of 5 times? Round answer to the nearest hundredth.
To solve this problem, we need to find the probabilities that r could be 3 or 4 or 5,
to satisfy the condition 'at least'.
It will be necessary to compute
for r = 3, r = 4 and r = 5 (which means do the formula three times)
and add these three probabilities for the final answer.
Written in summation notation, we need to compute:
| For r = 3: | |
| For r = 4: | |
| For r = 5: | |
| Sum: | 0.184 + 0.050 + 0.005 = 0.239 rounded to the nearest hundredth = 0.24 ANS |
Note: it may be helpful to remember in this problem that
'at most 2 successes' is the compliment of 'at least 3 successes'.
In the following examples, answers will be rounded to the nearest hundredth.
A family consists of 3 children. What is the probability that at most 2 of the children are boys? Solution: | |||||
|
| Team A and Team B are playing in a league. They will play each other five times. If the probability that team A wins a game is 1/3, what is the probability that team A will win at least three of the five games? | |||||
Solution: 'At least' 3 wins implies 3, 4, or 5 wins.
|
| As shown in the accompanying diagram, a circular target with a radius of 9 inches has a bull's-eye that has a radius of 3 inches. If five arrows randomly hit the target, what is the probability that at least four hit the bull's-eye? Express answer to the nearest thousandth. | ||||
Solution: 'At least' 4 hits implies 4 or 5 hits. The area of the bull's-eye is 9π and the area of the entire target is 81π. The probability of hitting the desired bull's-eye is 1/9.
|
|
|
Target Bingo Chips Locations
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Topical Outline | Algebra 2 Outline | MathBitsNotebook.com | MathBits' Teacher Resources
Terms of Use Contact Person: Donna Roberts
