Secret Recipe’s Segmentation Variables Marketing segmentation is a process of dividing a market into a meaningful relatively similar and identifiable segment of groups. There are three basic market segmentation which are geographic segmentation‚ demographic segmentation and Physiographic segmentation. Geographic Variable Geographic segmentation is segment the market by region of the country‚ market size and market density. Secret Recipe opened all over the world such as Singapore‚ Indonesia‚
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TNT RECOMMENDATIONS We would like to recommend TNT because they follow the TQM based business‚ where they do not prioritize their profit but they give priority to the customers. TNT recognized that the increasing expectations of customers meant the business had to make major changes to ensure it could meet their needs. TNT adopted a core strategy focused on delivering a quality customer experience. It developed a two-year program to implement and communicate its customer promise to employees
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A: The primary criteria the auditor should use in determining revenue to be recognized are: (1): persuasive evidence of an arrangement exists. (2): Delivery has occurred or services have been rendered. (3): The seller’s price to the buyer is fixed or determinable. (4): Collectability is reasonably assured. The most basic principle for revenue recognition is revenue has been realized or realizable and earned. B: (1) a: Multiple deliverable. Does the software and one year internet service has
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Tutorial -1 1. Describe three factors that would cause a company to continue doing business in traditional ways and avoid electronic commerce. Ans: Following three factors that can cause company to continue doing the business in traditional way & avoid electronic commerce:- a. Perishable foods. b. High-cost items. c. Unique items. 1. Choose one major difference between the first wave and the second wave of electronic commerce. Write a paragraph that describes
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CRITICAL SYSTEMS OBJECTIVES:- 1.A life-critical system or safety-critical system is a system whose failure or malfunction may result in: death or serious injury to people‚ or loss or severe damage to equipment or environmental harm. 2.Risks of this sort are usually managed with the methods and tools of safety engineering. 3.Typical design methods include probabilistic risk assessment‚ a method that combines failure mode and effects analysis (FMEA) with fault tree analysis.
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Name: Lam Thanh Tung SWOT of Cyclermate Strengths: The company has skillful engineers who are expert of producing traditional bike. The high quality of handmade products is one of the advantages which create the reputation of this company. The world-mouth reputation is also a factor make this company successful. The company has abundant space to expand and grow the productivity. They also have a number of loyal customers who can bring a lot of profits. They take advantages of the relatively low prices
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Description of Macy’s business‚ market and innovation competitors They analyze a large amount of different data points‚ such as out-of-stock rates‚ price promotions‚ sell-through rates etc. and combine these with SKU data from a product at a certain location and time as well as customer data in order to optimize their local assortments to the individual customer segments in those locations. Competitive advantage and innovation results Macy’s is using the Differentiation Strategy according to the
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Q 01: Describe Abou Shakra in terms of the value it provides for customer. Ans: Abou Shakra has managed to maintain its own identity by having satisfied customer over the years. It was only possible as it followed some values since its inception to uphold its true identity as a restaurant. These values are as follow – Advantage - As a new restaurant when it started‚ it had to compete with the whole market as there was not many different cuisines available like now. So the competitive market necessitate
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Romina Ivanova Class: 3A Student Number: 12093696 Week: 3 How do the process strategies of eBay and McDonald’s differ‚ and how do their choices relate to customer- introduced variability? The process strategy of McDonald’s involves high customer contact‚ because there is face-to face contact with the customers. In the same time‚ the products which McDonald’s offers are standardized‚ the customization level is low. On the other hand eBay has low customer contact‚ because eBay just enter in the system
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Emilie Blanc October 14th Spectrum Brands Case Brief 1. Assess the Spectrum organization and each of the markets in which the company now operates. What are the key elements from each industry about which Falconi should be concerned? Key elements to be concerned Batteries Consumers look for convenience and quality Market leaders: Duracel and Energizer (80% market share) adaptation to consumer needs and valuable negotiating power with retailers Flat growth of the market (1-2% annually) but
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