1. SPRICE: selling price of home‚ dollars LIVAREA: living area‚ hundreds of square feet AGE: number of beds BEDS: number of baths BATHS: =1 if lot size > .5 acres‚ 0 otherwise LGELOT: age of home at time of sale‚ years POOL: =1 if home has pool‚ 0 otherwise | SPRICE | LIVAREA | AGE | BEDS | BATHS | LGELOT | POOL | Mean | 123693.9 | 16.75 | 21.86 | 3.29 | 2.13 | 0.06 | 0.07 | Median | 109500.0 | 16.00 | 19.00 | 3.00 | 2.00 | 0.00 | 0.00 | Maximum | 713000.0 | 49.00
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The Gap Inc. business strategy is a combined of cost leader and differentiation. The company provides a highly competitive price with some differentiated fashion features. As a cost leader‚ Gap supplies the similar products at a lower price‚ uses the simple design‚ and applies a tight cost control system to its store space. At the same time‚ Gap also equipped with some unique product features. The company has variety products designed for different group of target customer‚ like GapKids and Banana
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be defined for those areas. 2. The EFQM Excellence Model of total quality management The EFQM Excellence Model is a practical tool to help organizations do this by measuring where they are on the path to excellence‚ helping them understand the gaps and then stimulating solutions. The EFQM Excellence Model is a non-prescriptive framework based on 9 criteria. Five of these are ’Enablers ’ and four are ’Results ’. The ’Enabler ’ criteria cover what an
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Case #4: Bridging the Gap As customers once knew‚ The Gap was a popular fashion apparel store that attracted many people to it. However‚ this is no longer the case in the present day. So what happened? According to the case‚ competitors are gaining market share with cheaper and fresher fashion designs. One of the problems Gap (including other retailers) is the rising costs of raw materials. Gap said this would force them to raise their prices on items by 20 percent‚ but the customers
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sports i.e. as a major sponsor of the world cup since 1994 and the Champions League football in England from 1996 to 2000.(www.McDonalds.com) How can McDonald’s achieve such success? There are many formulating strategies‚ which we could use for our analysis of their recipe of success such as Porter’s competitive strategies model‚ which includes differentiation and low-cost leadership; or Miles and Snow’s ‘strategy
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Client: McDonalds Consultant: Jeremy Nowell Background & history: McDonalds has been a leading fast-food chain in the restaurant industry since 1955. Not only have they created some of America’s favorite pastime foods‚ but also they’ve been a leading force in creating global change with innovative additions such as drive-thru restaurants‚ college credits from their Hamburger University to chicken McNuggets and more! In 1954‚ after learning that the brothers‚ RIchard and Maurice McDonald were utilizing
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In 2000 the digital music was the next big thing in how consumers listen to music. The technological shift in music changed how the relationship is between the artists‚ recording companies‚ promoters and music stores on how they operate today. In the late 90’s and early 2000’s Peer-to-peer (P2P) networks allowed free exchange of music files with companies like Napster and Kazaa was a big step that allowed consumers to store large libraries of music. With the cost of hard drive space going down;
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This essay‚ published by The New York Times and written by the journalist Claire Cain Miller‚ establishes a counter argument for the position that many people have taken on the issue of the gender pay gap. Miller and Harvard labor economist‚ Claudia Goldin‚ established the view that the pay gap is because of gender and not because of comparisons between the different jobs that males and females take. Being informed is essential to finding solutions for an issue and in this essay Miller informs her
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recognizable logos (the Golden Arches) and spokes character (Ronald McDonald the clown). According to the Packard Children’s Hospital’s Center for Healthy Weight children age 3 to 5 were given food in the McDonalds packaging and then given the same food without the packaging‚ and they preferred the food in the McDonald’s packaging every single time. * McDonalds is a community oriented‚ socially responsible company. They run Ronald McDonald House facilities‚ which provide room and board‚ food and sibling
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strategic changes in order to prosper in the market place. This paper is aimed to give a thorough situational and SWOT analysis based on the facts presented in the case as well as internet updates. Additionally‚ some recommendations on Subway ’s marketing strategies that are specifically on product‚ price‚ promotion and competition will also be discussed. Situational Analysis History In 1965 Fred DeLuca and his partner Dr. Peter Buck‚ founded Pete ’s Super Submarines restaurant in Bridgeport
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