Name Institution Course/Number Tutor’s Name Date In Response to Increasing Rates of Heterosexually Transmitted HIV‚ Australia Should Encourage Circumcision in Infant Males HIV is believed to be widely spread by heterosexuality. HIV/AIDS article on Australia’s medical journal categorized male circumcision (removal of the prepuce or foreskin) among the potential ways of eradicating heterosexual transmitted HIV.[1] Other exerts concur with infants circumcision citing its medical benefits in preventing
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Describe The Market Segment Describe the market segment: Mercedes sells a product for which consumers are willing to pay a premium price. This high price means that Mercedes sells almost exclusively to a small group of very high-income consumers. Describe the product positioning for this specific brand: Mercedes Benz holds a strong position and brand due to perceptions of superior engineering‚ safety‚ and customer satisfaction. Mercedes Benz has always been known for its quality
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Introduction: a lot of business uses market research‚ to collect information to help them provided a suitable and a sustainable marketing product or service. To attract customers interest in order to make their business more success able. Primary research: this is information which is collected from scratch‚ as company gather primary research based on their research feedback. They get from the date which company team members produces‚ this is a primary effort because new fresh data which has been
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3.1 Explain how market structure in the case above determine the pricing and output decisions of business 3.1.1 Market types • Perfect competition: - maybe called pure competition in which there are a lot of people and the same other conditions. On the other hand‚ people cannot affect to the price and everything is equal. (BPP 2010‚ page 246) ¬- There are 5 criteria perfect competition has to meet: 1. All firms sell an identical product. 2. All firms are price takers. 3. All firms have
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P1- describe the types of dementia In this assignment I am going to be describing 3 different types of dementia. I will be looking at Alzheimer’s disease‚ Vascular dementia and Lewy body dementia. I will be looking at what these dementias are‚ what the signs are and what the symptoms are. Dementia is a common condition that affects 800‚000 people in the UK‚ someone’s risk of developing dementia increases as you get older and the condition usually occurs in people over the age of 65 years old
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type of competition When we examine the types of business structures we are looking at the competition in the market that the business operates within. There are four types of market based on the competition: 1. Monopoly 2. Oligopoly 3. Monopolistic Competition 4. Perfect Competition A firm can be called a monopoly if they are the sole supplier to a market place or its market share is more than 25%. Monopolies are capable of influencing the whole market regarding influencing the price or deciding
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Task 1‚ Evidence you must produce for this task Introduction The purpose of market research is to gather data about consisting customers or new customers. It helps the business make decisions on a new product or a consisting product. By doing market research they are able to find out what the customers like and want and what they don’t like. Market research is important to gain a profitable business. If the company have a new upcoming product for the target audience of young teens then they have
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Different types of markets A monopoly is a type of market in which there is only one producer or seller for a product. Therefore‚ the only activity is the business. It is quite hard and limited to gain access to this type of industry because usually‚ one entity has all the rights on a natural resource. Also‚ this type of market can be limited because of the high cost of material‚ or simply because of political‚ social or economical issues. Therefore‚ a monopoly controls all the good or services
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What are the conditions for a perfectly competitive market? What are the conditions for a monopolistic market? What are the conditions for a monopolistic competitive market? What are the conditions for an oligopolistic market? How would you explain the differences among these market structures? Identify which market structure your organization competes in and why you think so. Colander (2008) specified that‚ a flawlessly modest market is a market in which financial services operate unhindered. There
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Market segment is a subgroup of people or organizations sharing one or more characteristics that cause them to have similar product needs and this is also a the process of dividing a market into meaningful groups that are relatively similar and identifiable .The purpose of segmentation is to enable the marketer to tailor the marketing mixes to meet the needs of one or more specific segments. Market segmentation helps the firm to identify the customers’ needs more accurately and precisely‚ and it
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