Non-price Competition Non-price competition involves two major elements: product development and advertising. The major aims of product development are to produce a product that will sell well (i.e. one in high or potentially high demand) and that is different from rivals’ products (i.e. has a relatively inelastic demand due to lack of close substitutes). For shops or other firms providing a service‚ ‘product development’ takes the form of attempting to provide a service which is better than‚
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Tweeters price competitiveness From exhibit 13 in the case it is clear that Tweeter is price competitive in almost the entire range of items and models that it sells. In an objective model by model comparison (see appendix 1 for a sample comparison) Tweeter either matches or betters competitor ’s prices. Further more when you compare quality and level of service and price paid Tweeter is cheaper than the competition. However‚ the competitors run spot sales (not advertised) and advertised sales
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IST(9/5/2007) Last Updated: 03:48 IST(9/5/2007) India 2020 The Indian economy is on the path of rapid progress. In July 1991 the country’s economy was so shattered that India was on the brink of bankruptcy. The Congress won in the general elections of June 1991 and Narasimha Rao became Prime Minister. He took a wise step and made Manmohan Singh the Finance Minister who‚ in turn‚ opened up the economy to the private sector. The quantum of progress that India has made from 1991 to 2007 has not been achieved
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ON INDEX AND STOCK PRICE MOVEMENT OF VARIOUS INDUSTRIES IN EQUITY MARKET AT SHAREKHAN CHAPTER – 1 INTRODUCTION CHAPTER: 1 1.1 INTRODUCTION 1.1.1 INDEX AND STOCK PRICE MOVING AVERAGE Individual stock price is compared with the
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for the Committee on Vision 2020 for India‚ Planning Commission‚ Government of India Revised Version: 22 May 2001 Research and Information System for the Non-aligned and Other Developing Countries‚ Zone 4B‚ India Habitat Centre‚ Lodi Road‚ New Delhi-110003. Tel.: 468 2175‚ Fax: 468 2174; Email: nagesh@ndf.vsnl.net.in An earlier version of the paper was presented at the Fifth Meeting of the Committee on Vision 2020 for India‚ Planning Commission‚ on 8 February 2001
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Globalization in India: Effects and Consequences Subhankar Chatterjee What is Globalization? The term globalization means International Integration. Opening up of world trade‚ development of advanced means of communication‚ internationalisation of financial markets‚ growing importance of MNC’s‚ population migrations and more generally increased mobility of persons‚ goods‚ capital‚ data and ideas. It is a process through which the diverse world is unified into a single society. Wave of
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Robust agricultural growth is key to India ’s economic growth prospects Ajay Modi Business Today‚ September 17‚ 2013 | UPDATED 08:55 IST A farmer works in a wheat field against the backdrop of residential apartments undergoing construction in Noida on the outskirts of New Delhi January 1‚ 2012. (Reuters Last week‚ the prime minister ’s Economic Advisory Council projected 4.8 per cent growth for agriculture in 2013/14. In comparison‚ agricultural growth last year was 1.9 per cent. If the projection
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(b) Prepare a trading and Profit Loss A/C and a Balance Sheet with the help of imaginary figures. (10+10) 3. (a) A of Ahmedabad consigned goods to B of Mumbai for sale at proforma invoice price or above. B is entitled to a commission on sale at 5% on proforma invoice price and 25% of any surplus price realized. Goods consigned by A to B during the year 2012‚ costs A Rs. 20‚900 and invoiced at Rs. 28‚400. A paid Rs. 1‚045 as freight and received Rs. 15‚000 as advance from B. 80 per cent of
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extreme emphasis and competitive drive toward the abundance of consumerism and materialism rules our society as a whole. Stepping back from our wants‚ our needs are much different then what we are striving for. In Tim Kasser’s eye opening book‚ The High Price of Materialism‚ the author takes a scientific and very modern approach to this world wide epidemic that is costing people their happiness. Kasser explains how people who value and put priority on materialism often have a greater risk of being unhappy
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Agriculture in India has a significant history. Today‚ India ranks second worldwide in farm output. Agriculture and allied sectors like forestry andfisheries accounted for 16.6% of the GDP in 2009‚ about 50% of the total workforce.[1][2] The economic contribution of agriculture to India’s GDP is steadily declining with the country’s broad-based economic growth. Still‚ agriculture is demographically the broadest economic sector and plays a significant role in the overall socio-economic fabric of India. History
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