Microenvironment Intermediaries: AVINAA has many marketing intermediaries that distribute products to customers in more than 37 cities of Vietnam. Especially‚ AVINAA vodka is sold and distributed in the largest cities and populous cities of Vietnam and almost big districts in these cities. Those channel firm are mainly retailers. http://www.avinaa.com/ (AVINAA vodka > Distribution agents) a. Strengths: - AVINAA has many large retail corporations and stores available‚ which assist company
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The Generation Gap Today’s Workforce Today’s Workforce Traditionalists (1922 - 1945) ✤ ✤ ✤ ✤ ✤ Aliases: Veterans‚ Silent Generation‚ Greatest Generation Lived through WWII and were taught core values‚ respect for authority Traditionalists enjoy sharing their knowledge and history High value on loyalty and hard work Want to provide more opportunity to their children than they had Today’s Workforce Traditionalists (1922 - 1945) ✤ ✤ ✤ ✤ ✤ Aliases: Veterans‚ Silent Generation‚ Greatest
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Theories of Motivation Overview At a simple level‚ it seems obvious that people do things‚ such as go to work‚ in order to get stuff they want and to avoid stuff they don’t want. Why exactly they want what they do and don’t want what they don’t is still something a mystery. It’s a black box and it hasn’t been fully penetrated. Overall‚ the basic perspective on motivation looks something like this: In other words‚ you have certain needs or wants (these terms will be used interchangeably)
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Price skimming is a pricing strategy in which a marketer sets a relatively high price for a product or service at first‚ then lowers the price over time. It is a temporal version of price discrimination/yield management. It allows the firm to recover its sunk costs quickly before competition steps in and lowers the market price. Price skimming is sometimes referred to as riding down the demand curve. The objective of a price skimming strategy is to capture the consumer surplus. If this is done successfully
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and authority are closely related but theoretically different concepts (Faeth 2004). The exercise of power is legitimated through authority (Weber 1947) and Weber was the first to develop a systematic version of these terms as keystone of his social theory. Lewin (1941) developed the study of leadership by introducing the concept of social power in terms of the differential between interpersonal force and resistance. French and Raven described five sources of power namely reward power‚ coercive power
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strategic management and competitive forces. These three perspectives are used in order to assess emerging effects‚ challenges and prospects of deregulation of the industry and the changing strategic landscape arising from the deregulation exercise. The theory of competitive forces provides and understanding of the industry structure and the interactions between competitors‚ while innovative management is needed in order to assess industry processes and capabilities. Summarising and integrating these viewpoints
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Motivational Theories Over the years‚ many have studied the behavior of individuals and what lies beneath their motivation. To completely understand these concepts we must fully understand the meaning of motivation. I will first discuss the definition of motivation‚ then I will briefly present three different motivational theories‚ the pros and cons of each‚ and strategies for which organizations can use in order to successfully implement motivational tactics. The New Penguin Business Dictionary
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CASE STUDY - SONY CORPORATION A record number of Sony Corporation shareholders‚ total 9‚500‚ gathered in a posh hotel in Tokyo on 27th June 2012 waited anxiously for the new chief to reveal revival plan and strategies for Sony. This was Kazuo Hirai‘s first interaction with the share holders. Board of Sony Corporation had announced him as the new Chief Executive in February 2012 and he had taken over charge in April 2012. Kazuo Hirai‚ 51 years old new CEO‚ first asked the outgoing American
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Marketing Assignment 1 Submitted To: Professor Vijayaraghavan P Department of Management Studies IIT Madras Submitted By: Isheeta Sengupta | MS13A025 | Jagrit Dhingra | MS13A026 | Prashant Tripathi | MS13A042 | Sriram Mohan | MS13A064 | S Sai Uday Kumar | MS13A055 | Acknowledgement Our project would not have been successful without the valuable guidance provided by Professor Vijayaraghavan P who guided us on how to approach the problem and find its solution. We’re also
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Target customer segments: “Researchers identify consumer segmentation as a critical predictor of new product or service success” (Gofman 604). Even though both Smart Car and Honda Civic are popular vehicles in the global market‚ they choose different segmentation strategies for targeting their potential customer base on the characteristics of segmentation‚ such as age‚ income level‚ life style‚ and other relevant factors. According to kabadayi‚ Alan‚ and Ozhan‚ “We can see that while
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