sales costs and more potential customers (1‚000‚000). Marys‚ in contrast‚ have more sales costs and less potential customers (500‚000). Sams stay for a shorter amount of time‚ while Marys stay longer. The Sams produce a higher return of investment‚ $5 of profit per each marketing dollar spent. The Marys produce $2 of profit per each marketing dollar spent. Marys are more profitable than Sams‚ over their lifetime as customers‚ on average‚ each Mary generates $50 of profits‚ Sams generates only $10
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vendors‚ and robbery for its employees. The tort of negligence in this scenario includes the five essential elements of negligence‚ duty‚ breach of duty‚ the breach being the cause of injury‚ proximate‚ and the resulting damages (Lucas‚ 2008). In a case of negligence the individual or company may be held liable not only with negligence but sometimes with trespass‚ injury‚ and even mental or emotional harm (Lucas‚ 2008). However‚ the law requires these elements are proven in order to recover in a law
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6Case 5-2: Rondot Automotive Name: Lovee Sachdeva‚ Bin Wen‚ Matthew Miles‚ Ryan Buxbaum ‚Yuguang Wang‚ Shaoying Lu. Group: 3 Date: 2/22/2013 ------------------------------------------------- Situation: * Glenn Northcott is the purchasing planner at Rondot Automobile in Jackson‚ Mississippi. The company is a wholly owned subsidiary of Rondot Worldwide‚ a leading global designer and manufacturer of electrical and electronic components. (Note: You are Glenn)
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After analyzing the different internal resources and capabilities at Teva‚ there are several resources which effectively give them a sustained competitive advantage‚ and distinctly set them apart from the competition. Going forward‚ it is critical for Teva to continue some business practices that have led them to be an industry leader in the pharmaceutical realm. One example of a resource that they have effectively exploited is their acquisition strategy. Their proactive approach to acquisitions
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CompuTech was founded by Marco Garibaldi in 1983. The founder developed a user-friendly word processing computer program‚ which received wide acceptance from both the academic and the business communities. A presentation package was developed by the company’s programmers‚ and the software also received wide market acceptance. However‚ Computech had a hard time when it decided to enter the financial spreadsheet market. Due to late entrance into the market‚ the company would face fierce competition
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I would attempt to discuss Candy’s wants and direction the initial session. The second session would be a review of the first session and focus on Candy’s self-evaluation of the situation and tentative plans for Candy to begin applying to her life. The thrid session would be a culmination of the first two session and focus on a analysizing what works and improvements of the plan. Reality treatment is identifying specific behaviors are incongruent with their wants and how people in the clients’ quality
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In the case of Stryker’s struggles in addressing the quality issues with the actual orthopedic implant‚ there are several considerations that the company should have contemplated before creating their final product. The Freiberg team’s success depended on several key factors in the development of their navigation system. Choosing the right people should have been a priority when creating the devices as well as addressing problems and prioritizing the importance of the most critical issues‚ In addition
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1.Industry and its relevant characteristics. As the original plant of Bridgeton Industry‚ Automotive Component & Fabrication (ACF) supplies the most components to the U.S automotive industry. The plant has a long history that was established in 1840s and the site developed by several industrial uses. ACF could be the leader of the whole industry because the Big- Three automobile manufacturers are the ACF main customer‚ which bought the whole production of ACF. 2.Competitive environment Although
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In St. Louis‚ Missouri in the spring of 1983‚ the journalism students of Hazelwood East High School completed their final edition for the school year and allowed their school principal to review it before sending it to be printed. The principal‚ Robert Reynolds‚ decided an article concerning divorce was unfair and personal as well as an article about teen pregnancy was inappropriate. Reynolds was afraid the students would miss their deadline if they tried to change the stories and felt the best option
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1. False. In order for a firm to maximize profits‚ marginal revenue must equal marginal cost. The statement is true if it were specifically being applied to long-run equilibrium under perfect competition. If it is not being applied to that specific instance then the statement is false as profit maximization takes place when marginal revenue equals marginal cost. 2. The Miami plant should continue to operate because it only loses $60‚000 per month compared to possibility of losing $68‚000 (its
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