Journal of Business Research 62 (2009) 775–781 Contents lists available at ScienceDirect Journal of Business Research Satisfaction with service recovery: Perceived justice and emotional responses Ana Belén del Río-Lanza a‚⁎‚ Rodolfo Vázquez-Casielles a‚ Ana Ma Díaz-Martín b a Universidad de Oviedo‚ Spain b Universidad Autónoma de Madrid‚ Spain a r t i c l e i n f o Article history: Received 1 November 2006 Received in revised form 1 April
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ARBITRAGE PRICING THEORY ( APT ) Originally developed by Stephen A. Ross. The CAPM predicts that security rates of return will be linearly related to a single common factor : ----- the rate of return on the market portfolio. The APT is based on a similar approach but assumes the rate of return on a security to be sensitive to a number of factors. Market equilibrium is driven by individuals eliminating arbitrage
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The price variable relates to decisions and actions associated with establishing pricing objectives and policies and determining product prices. Setting price objectives is critical because they form a foundation on which the decisions of subsequent stages are based. Objectives for Red bull include organisational and marketing objectives such as profit‚ return on investment‚ growth and status quo. Assessing the target market’s evaluation of price tells the marketer how much emphasis
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Q5. Case Study Systematic analysis & logical reasoning will be given due weightage. Las Vegas Sands Corp.: A High-Risk‚ High-Return Strategy? (20) On August 28‚ 2007‚ Venetian Macau Ltd. (VML)‚ a subsidiary of Las Vegas Sands Corp. (LVSC)‚ a hotel‚ gaming and resort development company headquartered in Las Vegas‚ inaugurated the first phase of The Venetian Macau‚ claimed to be the world’s largest casino-resort‚ in Macau (also known as Macao)‚ a special administrative region (SAR) in the People’s
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I. Who should take the blame for getting Standard Machines Corp into the crisis it faces vis-à-vis closing on a major sale with an established account? The blame for Standard Machine Corp can be directed in one of three ways: Industry: One could argue that innovation in the machine tool equipment industry has been stagnant and resulting caused customers to view machines as commodities and compete on price. Another thought is that the industry allowed a low cost player to enter and therefore
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Discuss the concepts of limit and predatory pricing. Explain how imperfect knowledge of other firms’ costs or financial conditions can lead to limit or predatory pricing. Limit pricing is when an incumbent firm sets a “low price with the purpose of deterring entry”. Predatory pricing is when an incumbent sets an “‘irrationally’ low price [possibly below cost] so other firms can’t compete” forcing existing firms to exit the market. Both pricing strategies require at least two periods: the first to
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Response Paper: The Mona LisaRachel McRill The Mona Lisa; also known as La Gioconda or La Joconde‚ is a famous work of art by Leonardo da Vinci. He created this piece by using the sfumato‚ the technique of blurring sharp outlines by blending‚ chiaroscuro‚ contrasting light and shade boldly‚ and atmospheric‚ the perception of depth in nature enhanced by haze‚ perspective. The subject is a young woman sitting with a half-smile on her face. Painted in 1503‚ her name is Lisa Gheradini‚ and she was
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P roc. Natl. Acad. Sci. USA Vol. 94‚ pp. 4229–4232‚ April 1997 Economic Sciences The capital-asset-pricing model and arbitrage pricing theory: A unification M. A LI K HAN* AND YENENG SUN†‡ *Department of Economics‚ Johns Hopkins University‚ Baltimore‚ MD 21218; †Department of Mathematics‚ National University of Singapore‚ Singapore 119260; and ‡Cowles Foundation‚ Yale University‚ New Haven‚ CT 06520 Communicated by Paul A. Samuelson‚ Massachusetts Institute of Technology‚ Cambridge
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Cost Classification and Pricing Student Name Student University Cost and Price Analysis Cost Classification and Pricing Cost Classification According to Maher‚ L. (2005)‚ cost classification refers to the separation of different expenses in various categories. The classifications of costs are required for any firm in order to accurately track and account for the allocation of varies types of cost categories. For Hawk-eye‚ cost classification is crucial since it plays an important part in
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Summary of pricing article Value based pricing intro This article is focused on the value based pricing strategy. Traditionally many sellers have taken an approach of charging what the market will bear when it comes to price. This strategy leads to a transactional relationship with the customer which means they will have little to no loyalty. If a competitor comes along with a lower price and the relationship is only based on price then the customer will switch to the lower cost competitor.
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