MODULE-I 1.1. INTRODUCTION TO FAKE PRODUCTS "A rural consumer is brand loyal and this also makes it easy to sell look-alike" - Mr. R.V. Rajan‚ CMD‚ Anuragh Fake products are of two types – one: counterfeit products and two: pass-off products. Counterfeit products are fake products that bear identical name of product/ packaging/graphics/colour scheme and even same name and address as the genuine
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The globalization of markets Theodore Levitt The worldwide success of a growing list of products that have become household names is evidence that consumers the world over‚ despite deep-rooted cultural differences‚ are becoming more and more alike - or‚ as the author puts it‚ "homogenized." In consequence‚ he contends‚ the traditional MNC’s strategy of tailoring its products to the needs of multiple markets may put it at a severe disadvantage vis-a-vis competitors who apply marketing imagination
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firm‚ because the worker’s wage rate would have to rise . 3. A worker who has obtained specific training is more likely to establish a long-term association with an employer because the worker has made an investment he does not wish to lose. Questions 4 and 5 refer to the following diagram‚ in which MRPu refers to the marginal revenue product of an untrained worker‚ while MRPt refers to this worker’s marginal revenue product as a result of a program of on-the-job training. 4. In the case of general
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have problems in Asian Markets? This is the question to be answered in the first Case assignment of Business 401. In order to answer this question there must be discussion about Global marketing concepts‚ such as product‚ place‚ promotion‚ and pricing (the 4 p’s)‚ method of entry‚ and entry decision. Then it is important to apply those concepts to the Asian Market. In the pages that follow I will discuss the marketing decisions of Ebay in their mission to expand into Asian markets. As well as‚ possible
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FOOD AND AGRICULTURE ORGANIZATION OF THE UNITED NATIONS Rome‚ 1997 This publication has previously been issued as ISBN 92-851-1005-3 by the FAO Regional Office for Africa. The designations employed and the presentation of material in this publication do not imply the expression of any opinion whatsoever on the part of the Food and Agriculture Organization of the United Nations concerning the legal status of any country‚ territory‚ city or area or of its authorities‚ or concerning the delimitation
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Dr. Cormac Mac Fhionnlaoich Reflective Paper “Corporate Finance and Product Market Competition” Elchin Karimov – 09261966 Blackrock 2013 Table of Contents Abstract………………………………………………………………………………
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Market segmentation is the process of grouping buyers into different categories on the basis of their common needs‚ desires and requirements. It is the strategy of subdividing the target market into sub-groups of consumers with definable‚ distinct and homogeneous characteristics so that a different marketing programme can be set up for each group. This will result in an enhancement in the satisfaction to the consumers and profit to the marketer. According to Professor Philip Kotler‚ “Market Segmentation
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Chapter 2 Market segmentation Schiffman‚ Bednall‚ O’Cass‚ Paladino‚ Ward & Kanuk: Consumer Behaviour 4e © 2007 Pearson Education Australia Chapter Objectives To define market segmentation To review the uses of segmentation To outline the nine main bases of segmentation To understand the main segmentation approaches To outline the criteria for effective market segments To distinguish between concentrated and differentiated marketing Schiffman‚ Bednall‚ O’Cass‚ Paladino‚ Ward &
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variety of laws were instituted by government for how companies should be run. Companies which violate laws often face large fines and other penalties. E.g.:" McDonald’s legislation" A typical case of influencing the lawmakers to enact legislation in order to serve their own selfish and harm society. In 1972‚ the company founder‚ Ray Kroc‚ made a rare donation of 250‚000 in exchange for the legislation of paying teenager employee 20% less than federal minimum wages. Later‚ it was classified as McDonald’s
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can be applied to one industry of your choice. Market segmentation is a marketing strategy that involves dividing a broad target market into subsets of consumers who have common needs‚ and then be designed and implemented to target these specific customer segments‚ addressing needs or desires that are believed to be common in this segment‚ using media that is used by the market segment. Today’s generation there are various products in the market. Today I am going to discuss one of them is RADOX
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