UNIVERSITI MALAYSIA SARAWAK Assignment EBA 6423 Strategic Marketing Individual Assignment Case 1: Price the Product Name: Martina ak Minggat Matrix no: 12030020 Prepared for: Prof Dr Ernest Cyril De Run CASE STUDY 1: Which option would you choose‚ and why? 1. No. Pricing the entire menu at $1.29 would make things simple for the company and consumers‚ as well as offering the most potential profit per item. However‚ the challenge would be to convince consumers that the $1
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monopolies from competitive firms is “market power”- the ability of a firm to affect the market price. Price discrimination is the business practice of selling the same good at different prices to different customers‚ even though the cost of production is the same for all customers. Only monopolies can practice price discrimination‚ because otherwise competition would prevent price discrimination. Price discrimination increases the monopolist’s profits‚ reduces the consumer surplus and reduces the
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BUSINESS MATHEMATICS: ASSIGNMENT - “Section” 5.1‚ page 182. (1) Write the general form of a linear function involving five independent variables. (2) Assume that the salesperson in Example 1 (page 177) has a salary goal of $800 per week. If product B is not available one week‚ how many units of product A must be sold to meet the salary goal? If product A is unavailable‚ how many units be sold of product B? (3) Assume in Example 1 (page 177) that the salesperson receives a bonus when combined
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Running head: Should water be sold as a product or it is a human right that cannot be sold Water as the commodity Bakai Raiymkan uulu KIMEP University‚ Almaty Abstract Outline 1. Introduction A. Water is necessary for a wide range of human activities. B. Water is a finite resource. C. Water is distributed unequally among the nations. Thesis Statement: While some see the positive sides to considering water as a commodity‚ others foresee the negative effects that such idea
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data set TVHOURS.MTW in the Student14 folder. a) Prepare a pie chart for the variable “Educ.” Comment on the results. b) Prepare a segmented bar chart to examine “Educ” by “Gender.” Comment on the results. c) Prepare a histogram for the variable “HrsTV.” Comment on the shape of the distribution. d) Show descriptive statistics on the variable “HrsNews” for all age groups. Use the optional “By Variables” box; enter “AgeGrp” in the box. Comment on the results. Make sure to compare
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and their competitive organizations set the prices for their industry. “Because of their “fewness‚” oligopolies have considerable control over their prices‚ but each must consider the possible reaction of rivals to its own pricing‚ output‚ and advertising decisions” (Brue et al‚ 2009). The two main competitors for the McDonald’s corporation are Burger King and Wendy’s. The pricing summaries for all three organizations are very similar. With prices fairly consistent‚ how are companies competing
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Why Did Global Food Prices Rise? For the last 25 years global food prices have been falling‚ driven by the increased productivity and output of the farm sector worldwide. In 2007‚ this came to an abrupt end as global food prices soared. By September 2007‚ the world price of wheat rose to over $400 a ton-the highest ever recorded and up from $200 a ton in May. The price of corn (maize) surged to $175 a ton‚ some 60 percent above its average for 2006. An index of food prices‚ adjusted for inflation
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Content‚ Process‚ and Product: Strategies for Differentiation Kenya Weary Kaplan University Every classroom is readily stocked with a differentiated clientele of students. There are students whose performance indicate that they struggle with learning‚ there are others to whom learning comes naturally and can soar and excel far above their counterparts and grade-level material‚ and there are those who are living examples of the students that we’ve read about in education textbooks and perform
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breast feeding with bottle feeding To begin with breast feeding‚ this is where a baby directly feeds from the breast of his/her mother while bottle feeding is where the baby feeds from the bottle instead of feeding directly on their mother’s breast. The following are the advantages of breast feeding over bottle feeding. • Breast feeding is readily available compared to the bottle feeding. Therefore‚ the baby can easily feed when hungry from the breast as compared to the bottle feeding where one should
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October 19‚ 2012 Determining the current state of the business cycle Determining the current state of the business cycle Executive summary The purpose of this research report is to determine the current stage of the business cycle that the Canadian economy is experiencing. There are five stages in a business cycle – expansion‚ peak‚ contraction‚ trough‚ and recovery. These different cycles are characterized by the state and degree
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