Products and Culture As a marketer‚ we all know that a product is more than a physical item: It is a bundle of satisfactions (or utilities) that the buyer receives. These utilities include its form‚ taste‚ colour‚ odour‚ and texture; how it functions in use; the package; the label; the warranty; and any other symbolic utility received from the possession or use of the goods. In short‚ the market relates to more than a product’s physical form and primary function. The values and customs within a
Premium Marketing Product management Diffusion of innovations
Change over time: Silk Road (200B.C.E-1450C.E) During the time between 200 B.C.E and 1450 C.E‚ many profound transformations were made to the Silk Road‚ but it still held on to its original purpose. Although the similarities may outweigh the changes‚ the Silk Road diffused disease along with culture‚ adapted to overseas trade‚ helped to forge a connection between Asian and European markets and triggered periods of Enlightenment in Europe. The Silk Road started‚ mainly‚ as a way for trade to flourish
Premium Black Death Silk Road Bubonic plague
The Transaction Cost Advantage of Guanxi-Based Business Practices Stephen S. Standifird R. Scott Marshall The purpose of this paper is to provide a theoretical explanation of the perpetuation of China’s guanxi-based business practices. As a complement to the social embeddedness- and resource-based explanations‚ we seek to demonstrate the perseverance and relevance of guanxi in terms of the transaction cost advantages it offers. Specifically‚ we argue that guanxi-based business practices offer certain
Premium Transaction cost Cost Economics
SUSTAINABLE COMPETITIVE ADVANTAGE? Nkiruka Chidia Maduekwe ABSTRACT: This report seeks to analyse the diamond industry from a global point of view. The diamond industry is global in nature. Its supply chain pipeline moves from one country to the other‚ thus making it impossible to analyse the industry from a regional or local angle‚ as so doing will fail to give the true picture. As an industry whose product derives its value from the perception of its consumers‚ what is the feasibility for
Premium Diamond De Beers
Badge No. : 66286 Group : H Topic : The advantages and disadvantages of having a part time job. The advantages and disadvantages of having a part-time job. Many students work while attending university for many different reasons. It can be difficult to balance work and school‚ but it can certainly be done .Actually‚ there are many advantages such as earning money‚ gaining new experiences‚ and developing your organizing and time management skills. However‚ you should take into
Free Full-time Part-time Management
----------------------------------------- Chapter 6 Resource Utilization TRUE/FALSE Resource-limited scheduling will not extend the project completion time if necessary in order to keep within the resource limits. ANS: F Feedback Correct Resource-limited scheduling will extend the project completion time if necessary in order to keep within the resource limits. Incorrect Resource-limited scheduling will extend the project completion time if necessary in order to keep within the resource limits
Premium Project management
subjectivity but that when ‘security as silence’ descends‚ the construction of subjectivity can fundamentally endanger the actor. This silence occurs “when insecurity cannot be voiced‚ when raising something as a security problem is impossible or might even aggravate the threat being
Premium Morality Political philosophy Sociology
Strength is basically what a company or a firm is good at or does better in order to be more efficient. And it might not necessarily be a competitive advantage but it becomes a basis to develop sustainable competitive advantages. Firms can assess which strengths have potential to be sustainable competitive advantage. A competitive advantage is what enables a business organization to thrive and to offer a superior service over and above its competitors. It is the objective of strategy and it is also
Premium Coca-Cola Firm Management
Cycle Time Reduction - An Inter - organizational Supply Chain Perspective TABLE OF CONTENTS EXECUTIVE SUMMARY … … … … … … … … … … … … … … … … … … … … … … … … … … (Page 3 - 4) ISSUE IDENTIFICATION … … … … … … … … … … … … … … … … … … … … … … … … … … (Page 4) ENVIRONMENTAL & ROOT CAUSE ANALYSIS … … … … … … … … … … … … … … … …. (Page 5 – 8) RECOMMENDATION (S) AND IMPLEMENTATION… … … … … … … … … … … … … … … (Page 9) MONITOR & CONTROL … … … … … … … … … … … … … …
Premium Inventory Time
Advantage of Reading We always think only one question‚ what is the advantage of reading? There are many reasons people should read. People should read because it helps them to improve in English. It helps them to be a better reader and it helps people get better jobs. For these reasons people should read books. First of all‚ Reading helps people to learn English and improve in English. For example‚ there are many words we don’t know so when we read a book‚ we learn these words. If we don’t
Premium Orthography Dyslexia Reading