fact that it dominates its market‚ he would need more money to establish it firmly. Using the BCG portfolio analysis‚ his product would be classified as a(n): A. star. B. cash cow. C. question mark. D. dog. E. Anchor 2. Adrienne decides to add new sales representatives and increase advertising in her existing market for her current line of security systems. Adrienne is pursuing a __________ growth strategy. A. segment development B. market development C. market penetration D. diversification
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This report on Internet marketing research supports and encourages its usage and begins with an introduction to what exactly is marketing research and how it helps organizations with their product and service development‚ as well as marketing. Outlining the pro’s and cons of online research‚ the iPhone mobile product of Apple Inc. is analyzed as the case study to support online marketing research. In addition‚ a definition of the two types of primary marketing research methods is given‚ namely
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ROLE OF BUSINESS RESEARCH After studying this chapter‚ you should be able to 1. Understand how research contributes to business success 2. Know how to define business research 3. Understand the difference between basic and applied business research 4. Understand how research activities can be used to address business decisions 5. Know when business research should and should not be conducted 6. Appreciate the way that technology and internationalization are changing business research Chapter
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Case Summary of: Carribean Internet Café 1. What managerial issues should David consider before starting Caribbean Internet Café? Managerial Issues: Broadly defined as all issues which have an impact on a business manager’s decision. In this case‚ David should consider: - Political‚ Economic‚ Social‚ Technological (PEST) issues analysis: (i) Political: Bureaucracy and corruption may potentially slow down the pace of enhancing the necessary infrastructure for internet accessibility and usage
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Executive Summary Internet becomes one of the most important aspects in communication. Not only for browsing‚ do research‚ communicating‚ but also playing game and access social media. Internet already becomes a lifestyle‚ without it some people will get frustrated. Warnet are very popular in Indonesia‚ for they allow those who cannot afford computers the advantage of being online and participating in global communications‚" Rudy Rusdiah‚ the chairman of the Indonesian Internet Kiosks Association
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are the primary issues/questions to address? It is the decision that David Grant wants to make about opening an Internet Café in Jamaica‚ the Caribbean islands. Internet Cafes has been popular in other places around the world and based on his exposure from his MBA program in London‚ he is contemplating about this business opportunity in Jamaica. 2. What are the key facts and data? David has been contemplating about venturing in to a business opportunity for a while. He is doing his MBA to equip
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TOPIC: CAFE SUITE INTERNET CAFE MANAGEMENT SYSTEM INTRODUCTION The software is the solution for an Internet cafe. The software provides you with a means to control the workstations‚ manage customer database‚ sell products and generate detailed reports and statistics. This is a powerful Cyber Cafe management software that helps with managing customers and employees‚ controlling computers and printers‚ securing systems‚ accounting and billing. It simplifies and automates running your
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P1- Describe types of market research Market research is the gathering of information to provide important material to identify and analyse the market need‚ market size and competition. The first type of market research is primary research: these are findings that are new and are relevant to a specific question that the researcher is trying to find out‚ methods include: Observation- is useful when a topic needs to be explored; there is no communication between the researcher and the people being
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should consider the following managerial issues: 1. He has minimal training in business ownership. He has the background of a computer programmer‚ and is getting his MBA but he is still in the process of learning and doesn’t have the knowledge to start an internet café. 2. David is also planning to hire a manager with Jamaican restaurant experience to help him with the majority of his business activities; this could be an issue as he hasn’t found anyone yet. He isn’t considering the possibility
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. . • The terminology used by professional researchers employing scientific thinking. • What you need to formulate a solid research hypothesis. • The need for sound reasoning to enhance research results. 3-4 Research and Intuition “If we ignore supernatural inspiration‚ intuition is based on two things: experience and intelligence. The more experience I have with you‚ the more likely I am to encounter repetition of activities and situations that help me learn about you. The smarter I am‚
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