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Horizontal Differentiation in the UK Coffee Shop Market “In the presence of horizontal product differentiation‚ there is a tension between the desire to weaken price competition and the desire for increased market share.” Explain this statement. Critically evaluate its implications for corporate decision-making regarding the specification of products by analysing‚ in the context of real-world industry of your choice‚ the product specification chosen to serve the same market by each of two or more
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The coffee shop industry has become a target for investors due to the increasing consumption and thus demands for coffee. The UK has seen a 7.5% growth rate in 2012 despite being a tea-oriented society (Hospital & Catering News‚ 2013). Although there is a low barrier of entry into the café and coffee industry‚ there a myriad of factors that needs to be taken into consideration in order for a new entrant to survive in the already crowded market‚ including large coffeehouse chains such as Starbucks
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of the world’s leading coffee brands. Currently‚ the potential competitors of Nestle are Maxwell‚ KreisKaffee (direct brand competitors).The key strengths of Nestle are excellent quality‚ well-known brand with loyal consumers‚ the capability of scientific research‚ product updates and advanced management; while its weaknesses are the single taste‚ dim brand image and lots of competitors. Nestle will benefit from continual advances in manufacturing technology of coffee. Furthermore‚ there is
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Carmens coffee shop 1. The Business – The business Idea. Jeff and Carmen have a business idea of creating a coffee shop concentrating primarily on selling seriously good quality coffee. They will sell food as a side to the coffee. Are plan to transform the established tea rooms into a coffee shop that sells good quality coffee. The shop will be located in the CBD‚ situated where it attracts good foot traffic volume and is situated on the commute paths for workers in the CBD. The shop will
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SITUATION ANALYSIS I. Organizational Mission This Specialty Coffee Shop aims to ensure prompt‚ professional‚ friendly and courteous service to every customer in a comfortable‚ clean and well-maintained premise while serving quality coffee‚ drinks and food made from fresh and nutritious ingredients in line with the store’s objective of being the best in this industry within the local market. Additionally‚ each individual‚ whether guest or staff should be treated with the dignity and respect they
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Selective attention is the ability to focus on one specific source of information while ignoring other stimuli. In the coffee shop example being able to screen out surrounding noises to focus on one stimuli‚ listening to the clanking of coffee cups while at the same time listening to the couple gossiping about their friend who happens to have your same name are all factors of divided attention. Inattention blindness is also at play since you are listening to the conversation between the couple but
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INTRODUCTION The purpose of this business plan is to outline the parameters under which the principals will pursue the construction‚ development and operation of a franchised Fran’s Ice Cream Shoppe in a key location at the mall entrance to the food court of Davis Plaza‚ a successful‚ dominant‚ super regional shopping center in metropolitan Woodland - Sacramento. Davis Plaza’s management company‚ Martin Richardson and the franchisor‚ the Fran’s Ice Shoppe Company‚ Inc.‚ are optimistic and enthusiastic
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A Business Plan – Readymade garment shop Submitted as an Internship Project Report In partial fulfillment of the requirements for the Award of degree of Master of Business Administration 2009 – 2011 Submitted by Guided by Esha Sharma Lokinder Kumar Tyagi (Internal Guide)
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Business Plan Introduction With the improvement of people’s living standard‚ more and more people want a pet to accompany with them outside their studying and working time. Therefore the number of people who have a dog is increased‚ and the needs of dog are raised significantly. The economy about pets is paid attention by people. Not only concerned about what they eat‚ but also about where they live and what kinds of cloth they wear. It becomes a potential marketing in our daily life. There
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