MANAGERIAL ECONOMICS: Analyzing Strategic Behavior in Business Chapter 2 Demand and Supply MANAGERIAL ECONOMICS: Analyzing Strategic Behavior in Business Thomas J. Webster 1 Lecture Overview • • • • • • • • • • Introduction Law of demand Demand determinants Estimating the market demand equation Consumer surplus Law of supply Supply determinants Producer surplus Market equilibrium Changes in demand and supply: Price and output determination 2 Introduction • In this lecture‚ we
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Introduction The PepsiCo challenge is to keep up with archrival The Coca-Cola Company never ends for the world’s soft-drink maker. PepsiCo’s soft drinks (including Pepsi‚ Mountain Dew‚ and Slice) make up about one-quarter of its sales. (Bottling operations are run independently). Pepsi Co also owns Frito-Lay‚ the world’s number 1 maker of snacks such as corn chips (Doritos‚ Fritos) and potato chips (Lay’s‚ Ruffles‚ WOW!). PepsiCo sells its Gatorade sports drink and Tropicana orange juice brands
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Pepsi: The “Next Generation in Advertising” Effective advertising is‚ almost always‚ persuasive advertising. While not all advertising seeks to persuade‚ in a competitive situation‚ those who best persuade are those most likely to win. (O’Shaughnessy) The advertisement strategy for Pepsi Cola has done a great deal of work to make it an all-time favorite. I feel like they use persuasion by making the consumer think that if they drink Pepsi‚ they will be youthful. However‚ in my opinion
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Exploring the acid content of Pepsi products Lab performed: February 27‚ 2012‚ March 12‚ 2012‚ and March 19‚ 2012 Purpose: The purpose of this experiment was to discover the unknown concentration of acid in six different Pepsi products; Pepsi‚ Diet Pepsi‚ Dr. Pepper‚ Diet Dr. Pepper‚ Pepsi Wild Cherry‚ and Pepsi Max. Titrations find the point at which equal moles of a known concentration react with equal moles of an unknown concentration giving the equivalence point. Also‚ the
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1) Mishandling of customers goods and making way at times with some valuables: Baggage mishandling remains a large and growing headache for the industry‚ estimated in the billions of dollars for lost luggage claims and recovery service costs. The costs of passenger frustration are harder to nail down‚ but just as worrying. At times customer’s luggage is mishandled to the extent the customer has to discard the suitcase or the carton in which the goods were in
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Feb. 15‚ 2015 Pepsi Blue Yanran YAN Pepsi Blue Case Analysis I. Strategic Situation In 1995‚ Pepsi-‐Cola International (PCI) headquarter planned to carry out a $500 million global brand identity and logo plan‚ also known as Project Blue. The plan failed to get support from regional executives. The better way to carry out a
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Coca-Cola 1. Promotion: Coke has many different and unique ways that they promote their brand that makes their company so successful. They have taken promotion to a whole new level by creating the vending machine to sell to people on the go‚ created santa clause so people would drink their product during summer‚ they also put a lot of money into having their commercials playing during big events such as the super bowl from 2009 to 2013‚ coke has spent 62.3 million dollars on adds during the super
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Advertisement review Product: Diet Pepsi In this review‚ a series of Diet Pepsi advertisements were taken into investigation. Since 2011‚ the drink has been endorsed by the 40-year-old American-based Columbian actress‚ Sofia Vergara. In 2013‚ Vergara was featured in a series of two TV commercials‚ namely Toast and Come on. The slogan for this promotional campaign is “Love Every Sip”. As part of the promotional campaign‚ Vergara also briefly appears in an episode of the Ellen Degeneres Show‚ a
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utilizes scientific methodology to better understand the behavior of individuals working in organizational settings. The knowledge is also used in a variety of ways to help make organizations more effective. Effective organizations are typically more productive and they often provide higher-quality service to customers‚ and they are usually more financially successful than less effective organizations. Organizational Psychology is also the behavior of individuals acting as members of formal organizations
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SWOT Analysis PepsiCo Strengths • Branding - One of PepsiCo’s top brands is of course Pepsi‚ one of the most recognized brands of the world‚ ranked according to Interbrand. As of 2008 it ranked 26th amongst top 100 global brands. Pepsi generates more than $15‚000 million of annual sales. Pepsi is joined in broad recognition by such PepsiCo brands as Diet Pepsi‚ Gatorade Mountain Dew‚ Thirst Quencher‚ Lay’s Potato Chips‚ Lipton Teas (PepsiCo/Unilever Partnership)‚ Tropicana Beverages‚ Fritos
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