Part 1: Description and explanation of innovation The Nomad Micro-Home Fig 1: taken from The Daily Mail’s publication (2013) The Nomad micro-home is essentially a flat-pack‚ self-assembly product. It is a two storey house with all of the mod-cons of contemporary living condensed or minimalized to provide a house that delivers a basic living area that makes the most of the available space by creating innovative ways of incorporating the material things needed for necessary habitation (Warren‚ 2013)
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Micro Economics:- Microeconomics is a branch of economics that analyzes the market behavior of individual consumers and firms in an attempt to understand the decision-making process of firms and households. It is concerned with the interaction between individual buyers and sellers and the factors that influence the choices made by buyers and sellers. In particular‚ microeconomics focuses on patterns of supply and demand and the determination of price and output in individual markets (e.g. coffee
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The battle between Apple and Samsung that defined a Smartphone generation. Since‚ the establishment of a brand called “IPhone” which is a high-end cell-phone which was unveiled in 2007. Furthermore‚ it was the one and only Smartphone in the market. In 2009‚ Samsung the Apple’s supplier made a shocking device that is similar to Apple’s IPhone called “Samsung Galaxy” which started a war that will never end. (Kurt Eichenwald‚ 2014). After the betrayal from Samsung to Apple which made it seek redemption
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Name: Margo De Ridder Student number: R0141223 Module: Marketing Fundamentals The tablet market: External analysis of the micro-environment The global tablet PC market continues to grow with shipments reaching 53.8 million units in the third quarter of 2014. The rise in shipment from 48.3 million units in the third quarter of 2013 to 53.8 million units in the third quarter of 2014 can be attributed to the growing demand from costumers as the tablet industry offers the costumer a smaller sized
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for establishment of micro finance institutions to support this sector. The growth of micro finance institutions has been due to the response to this need. IN Kenya‚ there is several micro finance ranking from individual owned institutions to cooprporate based institutions. K-REP has been the fore front in promoting his sector among other new players like Equity Bank and Family Finance Bank. KWFT has also joined in to offer credit to members of the society in the form of micro credit activity. The
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MICROECONOMICS | MACROECONOMICS | As the term “micro” imply‚ microeconomics facilitates decisions of smaller business sectors.Micro Economics studies the problems of individual economic units such as a firm‚ an industry‚ a consumer etc.Micro Economic studies the problems of price determination‚ resource allocation etc.While formulating economic theories‚ Micro Economics assumes that other things remain constant.The main determinant of Micro Economics is price.Microeconomics is the study of decisions
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”; she sees it as data and information. Looking at trends in‚ for example‚ economic or health indicators‚ it doesn’t tell us why the trends are like that. Is there anything affecting why the trends are the way they are? However‚ when we look at the micro social structure‚ we can see a whole new aspect of those different populations. Weber says‚ “When we follow the everyday lives of a group of people‚ we can learn how they live with financial constraints‚ how they feed their families‚ how they deal
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Project name: Lueem Samsung Museum of Art. Completed: 2004. Architects: Mario Botta‚ Jean Nouvel and Rem Koolhas. Location: Hannam-dong‚ South Korea. Site area: 6274 square meters. Floor area : 21797 square meters. 1- General description about the whole museum: Samsung museum was built for several purposes‚ such as‚ presenting the traditional art‚ showing the beauty of Korea and the powerful of the international art. However‚ the museum is a collection of two museums and one center. The first museum
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ID:20120962 Ibrahim adel Ibrahim taha 20121313 Microenvironment: Micro-environmental factors such as customers are essential in determining the success of marketing especially when the needs of the clients are satisfied. Similarly‚ the contribution of employees to the company is fundamental in production of high quality products which are highly marketable (Apple‚ Inc. 2008). The media is an equally crucial factor of the micro-environment because any information which originates from the media either
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Subway as a large international company perform a big role in world’s background.As a restaurant chain‚ a lot of micro environmental factors influent on it. Those factors are: size‚ competitors‚ customers‚ market‚ target‚ finance‚ labour‚ suppliers. All of them influent on all companies in fast food business. Size: As it was mentioned Subway is one of the largest fast food companies. Like the other competitors it has stres all over the world. There are more than 25‚000 stores in 83 countries
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