Summary of the learning points (ranked by importance to you) Today’s class discussed the mental accounting for money management. 1. Prospect theory. The theory can be represented by a value function‚ as shown below. The value function starts from a reference point‚ and is normally concave for gains‚ and convex for losses. It is also steeper for losses than for gains. The theory intends to explain why people behave irrationally when making choices. 2. Framing effect. It refers
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Gunns and the Australian Pulp and Paper Manufacturing Industry.The current strategic study represents the case of the Australian Pulp‚ paper and paperboard manufacturing Industry. The Australian pulp and paper industry produces items that are fundamental to to everyday living for example paper and paper products for personal hygiene‚ food packaging‚ paper for printing‚ newspapers‚ and magazines. The industry is also a huge producer of renewable energy and the major user of recovered paper for recycling
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Introduction The Australian bottled water industry has been growing rapidly over the past decade. Many Australians drink bottled water on a regular basis‚ and on average consumed 21.2 litres per person (Australian Bureau of Statistics) in 2001. The boom in consumption of bottled water has moved the product beyond the niche market and into the mainstream as it has become a staple to many Australians. Many people drink bottled water today simply because they prefer the taste to that of tap water
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The reason why CRM can be used in the automotive industry together is three reasons for this - the demand for automotive business‚ automotive market‚ and now re-division of the rapid development of science and technology. From the customer demand‚ customer than before and the purchase of products using a more reasonable number. Customers have been satisfied just to buy products‚ but more concerned about is whether they can get better service‚ and that such services should be personalized. From a
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Prospect Theory: An Analysis of Decision under Risk Daniel Kahneman; Amos Tversky Econometrica‚ Vol. 47‚ No. 2. (Mar.‚ 1979)‚ pp. 263-292. Stable URL: http://links.jstor.org/sici?sici=0012-9682%28197903%2947%3A2%3C263%3APTAAOD%3E2.0.CO%3B2-3 Econometrica is currently published by The Econometric Society. Your use of the JSTOR archive indicates your acceptance of JSTOR’s Terms and Conditions of Use‚ available at http://www.jstor.org/about/terms.html. JSTOR’s Terms and Conditions of Use provides
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Statement of Research Interest A study on the Strategic growth & future prospect of E -Marketing in India Introduction As per research title ‘e-Marketing – The Strategic Growth & Future Prospect in India’ is concerned‚ it can be stated‚ that ‘this research work is an attempt of contemporary overview of changing face of Marketing in India
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Problem Statement: Camar Automotive Hoist (CAH) produces top quality automotive hoists. The company is currently faced with making a critical decision which may significantly effect its future operations and long term competitiveness. The president‚ Mark Camar has just received a proposal about the option to enter into the European market‚ prepared by the Camar marketing manager. Mark Camar must decide on a course of action that will maximize profits and keep risk to a minimum level. Issues:
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Sectors in the automotive industry - The automotive industry has three major sectors: assembly of motor vehicles‚ component parts manufacturing‚ and motorcycle assembly. There are 14 motor vehicle assembly and manufacturing plants including two national car projects: Proton‚ which manufactures passenger cars; and Perodua‚ which produces passenger and commercial vehicles. Nine companies are involved in motorcycle assembly. Other car plants include Nissan‚ Toyota‚ and KIA. There are more than
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components and plastic manufacturing. The report entails market size and segmentations of SME auto components and SME plastic industry. The future analysis and segmentation by various clusters and by contribution of different sectors have also been discussed. The report also provides the major growth drivers and growth constraints of SMEs in India observed over the last few years. Future outlook of this market in the country has been provided on the basis of output turnover and its dependence on the macroeconomic
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@ http://www.marketreportsonline.com/contacts/purchase.php?name=322613 . Table Of Contents Researcher Industry View 7 SWOT 8 Political 9 Economic 10 Business Environment 11 Industry Forecast 12 Table: US Automotives Historical Data And Forecasts 12 Production Investment 13 Table: North American Investments‚ Nov 2013 - Feb 2014 13 Passenger Vehicles 15 Table: US Automotives Historical Data And Forecasts 15 Longer-Term Risk 18 Competitive Landscape 20 Table: US Top 10 New Light Vehicle
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