effect‚ price hike of fuel has also plagued the industry. Moreover‚ in response to the entry of the WTO‚ Chinese government has phased out regulations upon airline industry and encouraged competition by introducing budget airline. To maintain competitive advantage and considerable profit margin as a domestic leading airline company‚ China Southern Airlines Co. Ltd. (CSA) needs to design a pricing strategy in accordance with the natures of the distinct markets. The principle of price elasticity of demand
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“Innovation proposal” Table of Contents 1. Introduction…………………………………………………………………………… 1 2. Business opportunity ………………………………………………………………………………………… 1 3. Innovation – opportunity for an entrepreneur ………………………………………………………………………………………… 1 4. Potential market ...………………………………………………………………………………………. 2 5. Competitors...…………………………………………………………………………. 3 6. Issues...…..……………………………………………………………………………..3 7. Conclusion..…………………………………………………………………………….4 8. Bibliography…
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INTRODUCTION This proposal is created to report some internet threats faced by Alex Travel Agency. My research will be done primarily and secondarily‚ through online research as well as collecting questionnaires from customers of the company. Alex travel agency is small business agency‚ located in the market area of Lagos state in Nigeria. Due to their size of the business‚ they mainly focus on sales of ticket. With just 10 members of staffs‚ they serve up to 500 clients. Few years back‚ Alex Travel
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paper‚ we examine Happy Pet Clinic‚ a local veterinary clinic‚ and how the principles of elasticity of demand might frame its pricing decisions and planning. As a small practice‚ every change the managers make can have a significant impact on the clinic ’s income. Price Elasticity of Demand‚ Cross Price Elasticity of Demand‚ and Income Elasticity of Demand concepts can be used to analyze and estimate how prices changes may affect the clinic ’s bottom line Professional Vet Brand pet food is the exclusive
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Business Proposal Format ABC‚ Inc. Chicago‚ IL Contact No. Date: 4th January‚ 2010 (Receiver’s Details) XYZ Inc. Kingston‚ NY Contact No. Description This section will consist of a brief description of your company and the purpose you are writing this business proposal for. Executive Summary The executive summary section consists of a detailed explanation of what your company is all about and the field it has an expertise in. You also need to mention the objective of your company
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CROSS ELASTICITY In economics‚ the cross elasticity of demand or cross-price elasticity of demand measures the responsiveness of the demand for a good to a change in the price of another good. It is measured as the percentage change in demand for the first good that occurs in response to a percentage change in price of the second good. cross elasticity for substitute products The change in the demand for a product due to the change in the price of the substitute product gives a positive value
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Anette Masukol Purchasing Manager Royal Concourse Gorordo Ave.‚ Cebu City Dearest Ma’am Masukol: Good day! Helping you give customer satisfaction is our priority. We‚ at Lil’ PizzaRica‚ are pleased to inform you that we are submitting a business proposal in your company outlining our plan to help in building greater customer satisfaction in your service. We are offering our special pizza. Background and Goals We understand that you have been serving your customers with variety of food in
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Business Proposal Nicole Bryant ECO/561 University of Phoenix April 14‚ 2011 Business Proposal In today’s economy‚ in order to stay ahead in this ever changing business world‚ there has to be a business plan that will be able to change with the economy. There a changes in the economy that make or break many businesses. Thomas Money Services‚ Inc. is a financial loan company that had been helping the community by providing mortgages and small business loans. The need to revamp or simply create
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Elasticity Dr. Sushma Shukla Adjunct Assistant Professor Economics North Virginia Community College 1 Elasticity • In economics‚ elasticity is the measurement of how changing one economic variable affects others. For example: i. "If I lower the price of my product‚ how much more will I sell?“ ii. "If I raise the price of one good‚ how will that affect sales of this other good?“ iii. "If we learn that a resource is becoming scarce‚ will people scramble to acquire it?" 2 Price
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Research Proposal 1. Title: How can effective recruitment and selection of staff impact on growth comparing traditional and modern approaches? 2. Rationale and Research Questions: Employment is a key function of human resource management‚ an omnipresent activity of all companies consequently measuring this against a business’s progress will assemble evidence of how valued the selection methods are regarded within present-day business. This research proposal intends to broaden the knowledge within
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