Strategy is the direction and scope of an organization over the long term‚ which achieves advantage in a changing environment through its configuration of resources and competences with the aim of fulfilling the stakeholder’s expectations. Strategic Decisions are about: The long-term direction of an organization The scope of an organization’s activities Gaining advantage over competitors; Addressing changes in the business environment; Building on resources and competences (capability); Value
Premium Strategic management
A Wider View on Michael Moore Behind the Camera Lens (Moore presented in the film wielding a gun) Following the massacre of Columbine High School‚ Colorado‚ controversial filmmaker Michael Moore‚ ventured into creating the societal criticism documentary that explored gun violence throughout the United States. The documentary Bowling for Columbine (2002)‚ directed‚ produced‚ and written by Moore‚ deconstructs the events of this massacre‚ other school shooting‚ American gun culture‚ media coverage
Premium Columbine High School massacre Michael Moore Bowling for Columbine
L. Cox The Price Is Unfair! A Conceptual Framework of Price Fairness Perceptions Recent news coverage on pricing portrays the importance of price fairness. This article conceptually integrates the theoretical foundations of fairness perceptions and summarizes empirical findings on price fairness. The authors identify research issues and gaps in existing knowledge on buyers’ perceptions of price fairness. The article concludes with guidelines for managerial practice. he issue of price fairness has
Premium Price Perception Social comparison theory
Benetton adopted a strategy of price-reduction worldwide. The strategy was designed to enable the company to guarantee its clients an ever more suitable and competitive supply of products. Simultaneously‚ Benetton decreased production costs. This combination of price and cost reductions resulted in an 8 percent increase in both items produced and sold in 1994. Benetton also has an extensive system of outlet stores in which to sell clothing at significant discounts‚ as a result of the price cuts. In the
Premium Cost Logistics Marketing
IEEE TRANSACTIONS ON ENGINEERING MANAGEMENT‚ VOL. 46‚ NO. 2‚ MAY 1999 Price Elasticity and the Growth of Computer Spending Kar Yan Tam and Kai Lung Hui Abstract—Recent works have indicated that the price of computers is a key factor in explaining the growth of computer spending. However‚ it remains unclear whether the price elasticity of the demand for computers is constant over time. Findings on the pattern of price elasticity will have important implications in the study of information technology
Premium Diffusion of innovations Elasticity Price elasticity of demand
Oil Price Analysis: The Impact Of Supply & Demand By Greg McFarlane It’s easy to curse and moan when gas seems expensive. The oil companies are abusing the helpless customers who are effectively indentured to them‚ and can name their own prices thanks to a system of collusion and profiteering. Something‚ probably involving legislation‚ ought to be done. Except the truth lies elsewhere. In the long run‚ oil is about as purely elastic a commodity as there is‚ every movement on the production and consumption
Premium Petroleum Peak oil Futures contract
emotions come over as voices rise and neighbors call the police. Minutes later the police are on scene. With the adoption of police body cameras‚ the whole thing is caught on tape and kept as a federal record. Something personal and perhaps embarrassing is now out of that person hands and they have no control over what happens to the video. Police body cameras are thought to be the saving grace for police reputation and civil justice. Though the video data would no doubt be a valuable resource‚ there
Premium Police Camera Constable
The Price of innocence. My sister Jessica Dobb worked as a social worker for ______________. While working with there she came crossed countless hopeless situations with young children. One story that has stayed in her mind and this young girl’s name is Maddie. Maddie was a young four-year-old girl was when she was first sold into sex trafficking by her mom’s boyfriend. Maddie’s mom has a higher form of _____ and didn’t understand how to be a mom. The mom’s boyfriend sexually abused Maddie’s siblings
Premium Slavery Human trafficking Prostitution
marketing campaign for the Sony Cybershot‚ a new digital camera. In the advertisement you see Michelle Wie‚ an up and coming Asian female golfer‚ sitting in a cross legged Zen like position on a golf green with a golf ball in one hand and a Cybershot camera in the other. Behind her is a sunray made of golf clubs‚ and there are hues of oranges and golds and reds that make up the color palate for this advertisement. Below her is a description of the camera. “Michelle Wie is known for making extraordinary shots
Premium Marketing
12.1 Suppose your elasticity of demand for your parking lot spaces is -2‚ and price is $8 per day. If your MC is zero‚ and your capacity is 80% full at 9 A.M. over the last month‚ are you optimizing? We are clearly not optimizing because we are only optimized when marginal revenue equals marginal cost. Because our costs are sunk we should lower our prices so that we can fill to capacity. 14.4 A manufacturer of microwaves has discovered that male shoppers have little value for microwaves and
Premium Price Marginal cost Cost