P2-describe the limitations and constraints of marketing Limitations and constraints include; Sales of Goods Act 1979 Trade Descriptions Act 1968 Consumer Credit Act 2006 Data Protection Act 1968 Voluntary constraints Direct Marketing Association (DMA) Pressure groups and consumerism Acceptable language Sales of goods act 1979 The sales of goods act needs sellers to trade goods that are as they advertised and described. The good or service has to be of satisfactory quality. Effectively
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some may argue to be the pioneering method in the field‚ the Grammar Translation Method (GTM)‚ various other methods have been devised‚ in order to try and overcome the limitations of their predecessors. It is well known that each method has its strengths and limitations. The degree to which the strengths catalyse‚ and the limitations impeding the learning process of the student‚ depends mostly on the student him/herself‚ as different people have different aptitudes and personalities. Thus‚ I believe
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approaches as to which is correct and applicable in the rapidly growing popularity in the media; whether it is a reflection of today’s reality and expectations‚ or whether it is actually more prominent in molding our behaviour. Theories such as the effects model (Lazarsfeld‚ 1948) and the hypodermic needle theory has emerged to support the suggestion that media ‘injects’ the information into an individual‚ and that one behaves as ‘sitting ducks’ (Croteau‚ 1997) and thus is inevitable to be influenced by the
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The failure of the Articles of Confederation resulting in international weakness and domestic economic turmoil made the “Second Founding” necessary. Thus the framers sought to create a powerful national government‚ but also sets limitations such as the separation of powers‚ federalism and included a Bill of Rights to guard against the possible misuse of that power. The Constitution was more of a voice for the federal government as it established and executive which was the “energy” of the national
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negotiation position that was intent on winning while having the Soviet Union lose‚ the end result was a win for both parties. Overall‚ I would say the negotiation was handled well by both parties and the outcome was both fair and just. The Strategic Arms Limitation Talks ultimately led to the Anti-Ballistic Missile Treaty which successfully deescalated the conflict and ensured that a nuclear exchange would not take
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1. What are the five major categories of ratios‚ and what questions do they answer? * Liquidity: Can we make required payments as they fall due? * Asset management: Do we have the right amount of assets for the level of sales? * Debt management: Do we have the right mix of debt and equity? * Profitability: Do sales prices exceed unit costs‚ and are sales high enough as reflected in NPM‚ ROE‚ and ROA? * Market value: Do investors like what they see as reflected in P/E and
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Strengths and limitations of different assessment methods Assessment Method | Strengths | Limitations | Direct Observation | Allows the assessor to see the candidate in action and may be able to cover several aspects of the qualification during a single session (see also Holistic)The observation can take place while the candidate’s normal work place so there is minimal disruption as they are able to continue to do their job while being assessed. | A fixed date and time must be arranged to suit
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there has enough demand for the new product W. Qualification When the company fully uses the production capacity‚ it can produce and sell all products. The company should be confident that this is possible at present and in the future. Limitation of breakeven analysis 1. Breakeven analysis can be used for the company which produce only single product. 2. Breakeven analysis is valid within short period of time. Because any of the elements change. It would lead to the change of breakeven
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Laguna University RECS Village Bubukal Sta.Cruz Laguna Chapter I Introduction In modern age‚ Information Technological advancement has minimized the whole world. Advancement of technology gave lots of benefits for all industries using it. With the use of advance technology‚ process became more fast‚ accurate and effective. As time passes by computers became more useful for every process being made. Modernization in every transaction became more popular as it reached even small organizations
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that the U.S was more abundant in capital compared to other countries‚ therefore the U.S would export capital- intensive goods and import labour-intensive goods. Leontief found out that the U.S’s export was less capital intensive than import. Limitations of Heckscher Ohlin Theory Criticised: - Unrealistic Assumptions: Besides the usual assumptions of two countries‚ two commodities‚ no transport cost‚ etc Ohlin’s theory also assumes no qualitative differences in factors of production‚ identical
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