understands that some customers will visit the restaurant either because of the food‚ the trend to visit a new restaurant in the wave‚ and the affordable prices. The demographical segment represents the income factor (Thomas‚ 2007). As discussed above the Flower Lotus will focus on the middle income to high income earning residents. The prices will therefore be reasonable to these groups and they will be able to afford
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Income Inequality It is very prevalent in our society that inequality comes in all different forms. One could see inequality everyday in gender‚ races‚ and even income. Income inequality has been steadily rising for many years and people have become frustrated with this upward trend. In David Leonhardt’s article “Inequality Has Been Going on Forever … but That Doesn’t Mean It’s Inevitable‚” the author criticizes this upward trend and describes the different levels of income inequality that
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Corporate Family: Traded: Incorporation Date: Auditor: 5‚400 Public Parent 40 Companies New York Stock Exchange: 1996 PricewaterhouseCoopers LLP Financials in: USD (mil) UA Fiscal Year End: 31-Dec-2011 Reporting Currency: US Dollar Annual Sales: Net Income: Total Assets: Market Value: 1‚472.7 1 96.9 919.2 2 5‚221.1 (09-Nov-2012) Business Description Under Armour‚ Inc. (Under Armour) is engaged in the development‚ marketing and distribution of apparel‚ footwear and accessories for men‚ women and youth
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UNDERSTANDING COOPERATIVE: PURPOSES AND ITS PECULIARITIES By: JOSEPHINE P. YOPO‚ CPA‚ MBA And ORLANDO A. FERNANDEZ‚ CPA‚ LLB‚ MBA-TEP On July 28‚ 2008‚ Republic Act 9520 AN ACT AMENDING THE COOPERATIVE CODE OF THE PHILIPPINES TO BE KNOWN AS THE “PHILIPPINE COOPERATIVE CODE OF 2008” AN ACT AMENDING THE COOPERATIVE CODE OF THE PHILIPPINES TO BE KNOWN AS THE “PHILIPPINE COOPERATIVE CODE OF 2008” was promulgated. It is the declared policy of the State to foster the creation and growth of cooperatives
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Poverty and Income inequality affects our relationship with other people from a different race. Any conversation of collective class and flexibility would be inadequate without having a discussion of poverty and income inequality. According to Dr. Larry Griffin‚ a professor at University of North Carolina at Chapel Hill: In 2005-06- “13% of white Mississippians were poor (national average is 12%) and 43% of black Mississippians are poor (national average is 33%)”. Although‚ other estimations of poverty
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spending determine patterns of production. Through spending dec. consumers express their preferences. Factors influencing individual consumer choice: Income: disposable income – after tax (main determinant on consumer spending) More income‚ more demand for good and services But APS will rise as income rises. Price: spending decisions according to relative prices of g-and-s Demand inverse relationship with price Price of Substitutes: substitutes: Those used in place
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another sector. 2. CONTRIBUTES TO GOVERNMENT REVENUE Contributions received by government from the tourism sector may be direct or indirect. Direct contributions arise from charging taxes on income; for example‚ private and company incomes generated by tourism employment and business. Indirect sources of income will mainly Government revenues in most developing countries are derived from indirect taxes‚ e.g. on land‚ on crops‚ on imports comprise the range of taxes and duties levied on goods and services
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In a study of a variety of developed countries‚ the United States had the second highest level of income inequality in the world‚ right behind Chile. Income inequality has always been a problem in the world‚ but especially in the United States. There is frequent debate on whether a person is getting a high enough salary or not. If not‚ the person that is not getting the sufficient funds often resorts back to the argument of their sex‚ race‚ or religion. This leads to worrisome debate throughout
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issuing letter of credits‚ banks create another source of income‚ known as noninterest income. Now banks’ services have also expanded into investment consulting and information disseminating. These services usually cost expensive fees. Financial Products: Banks provide financial products to help clients manage their property and generate noninterest income. A good example can be that banks sell mutual funds to their clients and gain income from both commissions and certain percentage of the funds’
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of Indian Market: Urban Segmentation: U1 • Top 10% of urban population • Self actualisation needs • Foriegn life style and luxury brands Foriegn • High Per capita Income U2 • High level of education or occupation • Upper Middle class • High in population and geographically spread • High disposable income • Self-Esteem needs U3 • Modest Education and usually shop
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