making is a method used to analyze information through an organized process. The pros of rational decision making is reasonability‚ self-control and an unbiased approach to the thinking process. A “rational” thinker will think‚ decide and act. The weakness in rational thinking is no veering off‚ lacks creativity‚ no emotional connection and also “this process is slow‚ verbal‚ non-emotional components (Epstein & Pacini‚ 1999) . Intuitive decision making is “describing something that is know‚ perceived
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Despite the signing of the ASEAN Charter in 2008‚ the recent border conflict between Thailand and Cambodia has shown that the organisation places the onus of avoiding armed conflict on the disputants themselves. Following Michael Leifer’s account of the ‘ASEAN paradox’ (1983)‚ this dispute has further demonstrated that ASEAN is an association rather than an alliance. Leifer argued that security matters are addressed bilaterally rather than regionally‚ and national interest prevails over regional
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Summary Luxury product sales boost in the emerging marketing like China‚ which has extraordinary growth and strong potential consumers for the development of luxury goods in the China market. With gradually lower and lower increase of revenue in the European countries‚ Louis Vuitton (abridged as LV in the following sections) commits itself to set up more stores in China. However‚ LV is faced with the problems of declining profits in China‚ which urges it to adjust its entry strategy into the China
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Weakness of Aristocracy: Aristocracy has‚ in common with monarchy‚ but the evil inherent in all kinds of Aristocracies is that they form a separate interest which is almost certain to come into conflict with the interests of the community. No wise and just principle has so far been devised for the selection of the ruling class‚ and no safeguard has been suggested to ensure that the few will rule in the interests of all and not for their selfish advantage. The privileged persons‚ who are destined
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Marketing Interim Report By Bilal Rasheed & Hisham Ahmed Executive Summary Chanel’s objective is to provide a sense of luxurious‚ elegant and fashionable bringing up for women introducing timeless style. If Chanel wants to retain the same kind of brand image then it needs to continue with the same strategies which are currently being applied. However‚ in order to increase market share‚ emphasis on mass media and e-commerce would be effective which the competitors are already
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17 December 2014 Asia Pacific/Philippines Equity Research Specialty Softlines SSI Group‚ Inc. (SSI.PS / SSI PM) Rating OUTPERFORM* [V] Price (17 Dec 14‚ P) 9.13 Target price (P) 11.30¹ Upside/downside (%) 23.8 Mkt cap (P mn) 30‚246.5 (US$ 676.4) Enterprise value (P mn) 34‚801 Number of shares (mn) 3‚312.86 Free float (%) 26.1 52-week price range 9.32 - 7.73 ADTO - 6M (US$ mn) 4.3 *Stock ratings are relative to the coverage universe in each analyst’s or each team’s respective sector. ¹Target price
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Problem Statement With current economic downturn‚ should Robert Polet concentrate solely on strengthening the Gucci brand further‚ or should he expand the multi-brand strategy to the next level? Situation Analysis As the economy began to deteriorate near the end of 2008‚ luxury brands like Gucci‚ Prada‚ and Louis Vuitton all began to feel the effects. Consumers were beginning to spend less and save money through the times of economic uncertainty. One of the hardest hit industries what that of
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case teaching note 8 Coach Inc.: Is Its Advantage in Luxury Handbags Sustainable? Overview In the six years following its October 2000 initial public offering (IPO)‚ Coach Inc.’s net sales had grown at a compounded annual rate of 26% and its stock price had increased by 1‚400% as a result of a strategy keyed to “accessible” luxury. Coach created the “accessible” luxury category in ladies handbags and leather accessories by matching key luxury rivals on quality and styling‚ while beating them on price
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The Influence of Logo Exposure in Purchasing Counterfeit Luxury Goods Focusing on Consumer Values Jung-Min Han‚ Hyeon-Jeong Suk‚ Kyung-Won Chung Department of Industrial Design‚ Korea Advanced Institute of Science and Technology Abstract: This study attempted to identify differences in consumer’s pursued values when purchasing counterfeit luxury products using questionnaire and interview data. As brand names and brand logos of luxury goods significantly influence to customer buying behavior‚ this
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Luxury management Bottega Veneta Case Study [pic] Corporate 1-1. PPR PPR is French based corporation which has business area over Luxury fashion business‚ Sport business‚ book & electric product retail‚ online fashion retail‚ and movies. With regard to fashion business‚ it has 8 brands including GUCCI. [pic] [pic] [pic][pic][pic] A couple brands form PPR’s portfolio 1-2. PPR financial statements The total group revenue increased from €11.0 billion
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