Mercantilism was an economic theory that was current between about 1550 and 1760. First‚ it stated that wealth can be created only by trading between nations‚ using the products in which each has a special advantage. The second feature formed the principle behind colonialism because it stated that an increase in the wealth of one country must cause a reduction of wealth in others. By deduction‚ for "civilised" European countries to become richer‚ countries in Africa‚ Asia and America will need to provide
Free Economics Economy
Principle of Learning Goal Setting Trainers should take time to explain the objectives of the training and the intended goals to be achieved. Goal setting is used in focusing and motivating individuals’ behavior within the organization. Meaningfulness of Presentation The content of the presentation should be meaningful as possible. The training material should give the trainee opportunity to tie the knowledge what they already have and what is to be learnt. Modeling Modeling the training content
Premium Skill Practice Psychology
In 1968 Dr. Laurence J. Peter and Raymond Hull put into print a book called The Peter Principle: Why Things Always Go Wrong which describes a simple observation that states anything that works is often used in progressively more challenging applications until it fails. This means that a machine will only function optimally at the tasks it was specifically designed for and once it is used beyond its intended task its usefulness will degrade or the machine will utterly fail. This also applies to
Premium Ice cream
3.1 Explain how products are developed to sustain competitive advantage 3.1.1 Packaging Elements | Competitive advantages | Physical Protection28 gram package‚ reduction of 8gr per bottle | Reduce price per bottle‚ make more attractiveness for the product. | DistributionDirect to retailers | More convenient for customers. | SellingProvide ingredient in each bottle such as: Number of calories‚ % of carbohydrate‚ vitamins‚ and minerals. | Customer understands about Gatorade ingredients
Premium Marketing Pricing Customer service
The most significant case in my life where the disclosure principle played a role was the purchase of our house. Soon after we bought our new property in a well-known suburb of Sofia‚ problems came to light. When we were buying the house‚ we knew that it was not in a perfect condition‚ but we were unaware of many of the problems that we faced later. Because we bought the house from acquaintances‚ we did not find it necessary to hire a private inspector to do full inspection prior to the purchase
Premium Property Form of the Good
Getting Started Important note: The Burning Crusade is an expansion set to World of Warcraft. You must already have a properly installed copy of World of Warcraft in order to install and play this expansion. Installing the Game (PC) TM Welcome Back to the World of Warcraft! System Requirements: OS: Windows 2000 (Service Pack 4); Windows XP (Service Pack 2). Processor: Intel Pentium 3 800MHz‚ or AMD Duron 800MHz. Memory: 512 MB RAM‚ 1 GB RAM is recommended. Video: Minimum: 32 MB 3D graphics processor
Premium Blizzard Entertainment
Marketing PRINCIPLES Contents Introduction 2 Task 1: The concept and process of marketing: 2 1(a) what is marketing and the process of marketing with diagram: What is marketing??? 2 1(b) Marketing orientations: 3 Task 2: The concepts of segmentation‚ targeting and positioning 5 2(a) New product opportunities does the changing family structure provide for consumer: 5 2(b) identifies the market segments: 5 2(c) Identify and explain market targeting strategy for new product: 5 2(d) Consumer
Premium Marketing
CHAPTER TWO REVIEW OF LITERATURE 2.1 INTRODUCTION: In this chapter the researcher has made an attempt to review the relevant literature pertaining to the study of food processing Industry. Referring to the food processing industry many scholars have considered the field of organizational practice as of having greater significance. The food processing industry in India over the 50 years of planned development has made dynamic progress‚ both in terms of number of units and combination to
Premium Food Food processing
GROUP ASSIGNMENT DBCT 1013 Principle of Marketing Assignment 1- Group Assignment Report 20% Assignment 2- Oral Presentation with Presentation PowerPoint Slides 10% COVER PAGE CONTENT COLLEGE LOGO CITY UNIVERSITY COLLEGE OF SCIENCE AND TECHNOLOGY (You do remind to stated the detail as below in your Cover Page Content) LEVEL: DIPLOMA PROGRAM: ________________________ SUBJECT & CODE: ________________________ SEMESTER MAY 2014 LECTURER:
Premium Marketing The Work Credit
Marketing Principles Task 1 – Understand the concept and process of marketing 1a) Following are the elements of the marketing process * Marketing strategy : Targeting * Marketing strategy : Segmentation * Marketing strategy : Positioning * Marketing strategy : Targeting : One need to focus on the following elements * ·Economic factors * ·Demographic elements * ·Technological trends * ·Political/legal events * ·Social/cultural environment *
Premium Marketing