consumer requirement toward fashion. Zikmund (2012) pointed out that marketing research are able to reduce the risk of the uncertain or wrong decision‚ allowing companies to get higher profits. According to McCarthy’s 4PS marketing mix (1960)‚ any business success is based on “4PS”‚ regarding to product‚ price‚ promotion and place. Without proper understanding of the expectations of consumers and properly marketing methods‚ managers might attribute to management problems and financial loss. Thus
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Introduction Foundations Basics Language of economics Fundamental problem facing mankind “Our resources are limited (scarce)‚ but our wants (aspirations to good life ‚ ambitions ‚ needs‚ dreams) are unlimited.” SCARCITY = Budget Constraint Proof Resources Limited * Time: 24 hours day * Time is money * 20 hours in bed (leisure) * Safe drinkable water = Less than 1% of total water * $2000 apt/studio‚ cook own food * $2000000 a month * Mansion
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Discuss the advantages and disadvantages of advertisements. Advertising is a communication whose purpose is to inform potential customers about various products and services and how to obtain and use them. Advertising is a multi-billion dollar business and its messages are conveyed to the farthest places on Earth. It uses every major medium to deliver these messages including television‚ movies‚ newspapers‚ radio‚ magazines‚ video games‚ the internet and billboards. Most advertisements are often
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Businesses typically generate a strategy to help their plan become a reality as they began to put it in motion. Some strategies work out for the better of the organization and some strategies have to be reevaluated. Strategies are formed on either a business‚ corporate‚ or international level. Throughout the world‚ there are billions of businesses that function using different strategies. Starting with Altria Groups‚ this organization uses the growth and retrenchment strategies. According to Wild
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of trinucleotide repeats‚ specifically CAG‚ located on chromosome 4p.1‚2 The main risk factor for Huntington disease is family origin. The
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Samsung marketing strategy in china Nowadays‚ China’s communication industry is developing rapidly‚ and China has become the biggest mobile phone market all over the world. There are many international renowned mobile phone manufactures and local producers in this market and these companies are competing fiercely in China’s mobile phone industry. It is known that‚ in 1999‚ when the domestic mobile phone brands entered the mobile phone market‚ few people had expected that the domestic mobile
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Qd =250 - 5P and the market supply (including taxes) is Qs = 4P - 110 (both in millions)‚ where P is the monthly price of telecommunication services. The senator is considering tax reform that would dramatically cut tax rates‚ leading to a supply function under the new tax policy of Qs = 4.171P - 110. How much money would a typical consumer save each month as a result of the proposed legislation? Answer: Before: 250 – 5P = 4P – 110 => 9P = 360 => P=40 After: 250 – 5P = 4‚171P -110
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SONA 2015 Reaction Paper Philippine President Benigno Simeon C. Aquino delivered his sixth State of the Nation Address on Monday‚ July 29‚ 2015 at the Batasang Pambansa in front of joint session of the Upper and Lower House of the country’s Legislative Branch of Government. Some students will surely give their reaction paper with the Pres. SONA as part of their assignment. The State of the Nation Address (SONA) of President Benigno S. Aquino started at around 4:00 PM (PST) and concluded after two
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beverage to the younger male demographic with great success. The male market‚ especially in the United States is very eager to acknowledge their masculinity and take various steps to confirm this notion. The U.S. is the country of John Wayne and the Marlboro Man‚ whom exemplify the ruggedness and strength that dates back to the founders of the country. To be caught checking your weight‚ looking in the mirror‚ and drinking a low calorie beverage contradict these standards. For males in their teens and
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through Operations as the part of the Functional Areas Core Competencies B. Core Competencies : Support a core competence and implement strategy by identifying and executing the critical success factors in the functional areas : 1. Marketing = 4P+Service+Chanels distributions 2. Finance/Accounting = Leverage‚ cost of capital‚ working capital‚ receivables‚ payables‚ financial control‚ lines of credit 3. Operations = 10 OM decisions (Product‚quality‚process‚location‚layout‚human resource‚supply
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