CPI is a statistical time-series measure of a weighted average of prices of a specified set of goods and services purchased by consumers. It is a price index that tracks the prices of a specified basket of consumer goods and services‚ providing a measure of inflation. \CPI is a fixed quantity price index and considered by some a cost of living index. Under CPI‚ an index is scaled so that it is equal to 100 at a chosen point in time‚ so that all other values of the index are a percentage relative
Premium United States United Kingdom Measurement
Non-price Competition Non-price competition involves two major elements: product development and advertising. The major aims of product development are to produce a product that will sell well (i.e. one in high or potentially high demand) and that is different from rivals’ products (i.e. has a relatively inelastic demand due to lack of close substitutes). For shops or other firms providing a service‚ ‘product development’ takes the form of attempting to provide a service which is better than‚
Premium Economics Monopoly
Tweeters price competitiveness From exhibit 13 in the case it is clear that Tweeter is price competitive in almost the entire range of items and models that it sells. In an objective model by model comparison (see appendix 1 for a sample comparison) Tweeter either matches or betters competitor ’s prices. Further more when you compare quality and level of service and price paid Tweeter is cheaper than the competition. However‚ the competitors run spot sales (not advertised) and advertised sales
Premium Customer service
Reservations DBA for Baderman Island Resorts Business Requirements Document (BRD) Prepared by: Instructor: H Dater Class: IM/305 Date: 04/06/2014 Table of Contents Revision History 3 1. Assumptions‚ Constraints‚ and Dependencies 3 1.1 Related Projects and Dependencies 3 1.2 Assumptions and Constraints 3 2. Business and Customer Requirements 3 2.1 Strategic Business and Customer Requirements 3 3. References 3
Premium Hotel Requirements analysis Software requirements
HOTEL RESERVATION WEBSITE A Project Presented to the Faculty of STI College-Zamboanga In Partial Fulfillment of the Requirements for the Degree of Bachelor of Science in Information Technology by Calisang‚ Ellis Marc D. Caramonte‚ Edcel B. Lim‚ Jason Justin O. Abdu-Shakoor L. Ibrahim Project Adviser October 2012 ADVISER’S RECOMMENDATION SHEET This Project entitled GRAND ASTORIA HOTEL RESERVATION WEBSITE
Premium Database normalization
Price Elasticity of Demand Devry University ECON 312- Principles of Economics Nabil Doulfikhar Fall A Introduction Corn‚ a national commodity‚ to some might be considered the miracle crop. It is not only a food source for humans but for livestock as well. Corn production‚ especially as a renewable source of energy‚ holds much promise and places hope that this once dwindling cash crop might bring new financial returns and sustainability to an agricultural industry marked with continual
Premium Petroleum Biofuel Supply and demand
automate the railway reservation system. To change the manual system to computerized system is our basic goal that we want to achieve in this project. We are making this system to ease up the work of the employee/administrator making entries of the trains and their corresponding details and schedules etc. manually. Secondly the system is also for FDO making bookings of the available seats along with passenger details. The online system will make the customer check for reservations and make their own
Premium Train Payment Credit card
Politics and Prospects of Reservation of Women in India Dr. Lubna Yousuf Lecturer Govt. Degree College for Women‚ Anantnag‚ Kashmir Gender equality – political and social – is guaranteed in the Constitution of India. This political equality not only includes the equal right to franchise to both men and women‚ but also equal right to gain access to the formal institutionalized centres of power. This
Premium Lok Sabha India Government of India
(b) Prepare a trading and Profit Loss A/C and a Balance Sheet with the help of imaginary figures. (10+10) 3. (a) A of Ahmedabad consigned goods to B of Mumbai for sale at proforma invoice price or above. B is entitled to a commission on sale at 5% on proforma invoice price and 25% of any surplus price realized. Goods consigned by A to B during the year 2012‚ costs A Rs. 20‚900 and invoiced at Rs. 28‚400. A paid Rs. 1‚045 as freight and received Rs. 15‚000 as advance from B. 80 per cent of
Premium Invoice Accounts receivable Bookkeeping
using a low-price strategy. If a buyer raises a price-based objection‚ what would you say to convince him that your price is appropriate? Price objections are one of the biggest obstacles salespeople have to conquer. There are two important points to keep in mind concerning price resistance. First‚ it is one of the most common buyer concerns in the field of selling. A salesperson must learn to negotiate skillfully in this area. Secondly‚ price objections may be nothing than an excuse. Price can be a
Premium Sales