need for marketing managers to breakdown their decision making into a number of identifiable and actionable headings. The familiar 4ps marketing mix‚ firmly based on the needs of the manufactured goods sector has given us the four familiar 4ps of product‚ price‚ promotion and place. These 4ps have been found to be too limited in their application to services‚ however the 4ps have been expanded to the 7ps to address the different nature of business. PRODUCT Product offering lies at the heart of an
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Week 3 Chapter 2: Market Forces: Demand and Supply For this week read Chapter 2‚ pages 48-68 Answer the following questions: Question 7. On page 70 Suppose demand and supply are given by Qd = 14 –1/2P and Qs = 1/4P – 1. a. What are the equilibrium quantity and price in this market? Show your work? Hint: 1. Draw the demand and supply graph and label all initial points ( D0‚ S0‚ P0‚ E0)‚ following the use of comparative statics given your text on pages 62-65) 2. Set demand equal to Supply and solve
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Regina‚ S4S 0A2‚ Canada E-mail: jtyao@cs.uregina.ca Abstract: There is an increasing attention for studying marketing mixes for electronic products and services. It has suggested in the literature that none of established marketing models‚ including 4P‚ 4C and 4S‚ is appropriate for digital products in digital marketspace. In order to evaluate suitability of marketing mixes for digital products‚ three criteria are suggested in considering great differences in product properties‚ transaction space
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I. Essay: The explosion of interactive technology (web 2.0)‚ for example‚ smart phone; an increase in concern of population about environmental issues and many other factors have “given the dramatic changes occurring in the marketing environment” (Baker 1995‚ citied in OM&P‚ 1998:840). Marketers have mission to understand and re-present these changes to adapt to new circumstances. This essay will look into how modern marketing has developed and expanded and what should marketers do
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1. A ________ is a well-tested and widely accepted view that best explains certain scientific observations. Answer | | hypothesis | | | generalization | | | law | | | theory | 2 points Question 2 1. What are the basic differences between the disciplines of physical and historical geology? Answer | | physical geology is the study of fossils and sequences of rock strata; historical geology is the study of how rocks and minerals were used in the past |
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2. The 4Ps of Marketing – Product‚ Price‚ Promotion‚ and Place Needs are obviously met by the product itself. Needs‚ however‚ can also be met by the other components of what is called the marketing mix. These other components are Price‚ Promotion‚ and Place. The Price component of the marketing mix is defined as the original price that a producer sets for its product. This original price may be different from the final price paid by buyers because of promotional offers or because of individual
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production efficiency‚ easy adjustment and low operating costs‚ energy economy‚ which is widely used in metallurgy‚ mining‚ construction‚ chemical‚ phosphate‚ refractories and other industrial production‚ especially for iron ore‚ copper ore‚ limestone‚ quartz‚ granite‚ basalt‚ diabase‚ etc. hard and medium hard ore and rock crushing. PY Series spring cone crusher has an excellent performance in secondary crushing and tertiary crushing process and it has become the ideal cone crusher for small capacity
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TERMS AGATE: an ornamental stone consisting of a hard variety of chalcedony‚ typically banded in appearance. AGENTS OF METAMORPHISM: heat‚ pressure‚ chemicals AGENTS OF TRANSPORTATION: wind‚ ice‚ water AMPHIBOLE: any of a class of rock-forming silicate or aluminosilicate minerals typically occurring as fibrous or columnar crystals. ANDESITE: a dark‚ fine-grained‚ brown or grayish volcanic rock that is intermediate in composition between rhyolite and basalt. ANTHRACITE: coal of a hard
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The Laser Before we can learn about the laser we need to know a little bit about light (since that is what a laser is made of). Light from our sun‚ or from an electric bulb‚ is called white light. It is really a mixture of all the different colours of light. The colours range from violet‚ indigo‚ and blue‚ to green‚ yellow‚ orange‚ and red. These make up the visible part of the electromagnetic spectrum. Light is made up of particles‚ called PHOTONS‚ which travel in waves. The difference in
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certainty: What was confusing about this mineral? What other minerals do you think it could be? Remember‚ the minerals in the virtual lab include seven of the following: borax‚ calcite‚ corundum‚ graphite‚ gypsum‚ orthoclase feldspar‚ pyrite‚ quartz‚ talc‚ and topaz. Identification of Mineral Percent Certain Explanation of Certainty Example: Fluorite 80% certain I am almost certain this mineral is fluorite‚ but I am not completely sure. Fluorite and gypsum are both white‚ shiny‚ have
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