CAROLINA PORTOCARRERO TOALA 28 APRIL 2011 7/11 GESTION EMPRESARIAL EMPOWERMENT IS THE PRICE RIGHT? 1. Why do many entrepreneurs underprice their goods and services‚ especially when they first get into business? Discuss the connection between the prices a company establishes for its goods and services and the image it creates for the company. Because they want to attract potential customers by offering affordable prices and that they will bring
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Brand Equity A brand represents a “name‚ term‚ sign‚ symbol‚ or design‚ or a combination of them intended to identify the goods and services of one seller or group of sellers and to differentiate them from those of competition.” Without a recognizable brand‚ a product is but a mere commodity. It’s more than just a name‚ term‚ symbol‚ etc. – a brand is everything that one company’s particular offering stands for in comparison to other brands in a cate-gory of competitive products. As the value
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Introduction Indomie is one famous brand of instant noodle in Indonesia is produced by PT. Indofood Sukses Makmur Tbk.‚ The first time Indomie hits the market was on 1970‚ people doubted that selling instant noodle as one of the staple food in Indonesia‚ but the company proved the people’s judgements were wrong (www.indomie.com). Indomie accounted for approximately 37% of net sales and 39% of income from operations in 1999. The Company produces a wide range of instant noodle products with prices
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Collaboration and Innovation at Procter & Gamble After I reading this article‚ I come up some different ideas to my own business. In the lab assignment‚ I mentioned that I would like to create a cosmetics company. After I read this article‚ I come up some new ideas. This article is about P&G. By the developing of the globalization‚ people in everywhere can see the products which are produced by P&G. So‚ P&G is the leader in this field. There are many brands are owned by their company
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Tows matrix Strengths 1)opening new outlets in different cities. 2) marketing and advertising their products. 3) distribution channels are well maintained 4)no compromise on product quality like lab tests of the products. 5)acquired value chain and reduced the cost Weakness 1)less concentration towards rural areas 2)high operating expenses 3)little access to international market 4)lack of promotions like large discounts 5)little diversification in products Opportunities 1)Sales are
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Page Introduction 3 What is Brand Equity? Role of Brands The Scope of Branding Theoretical Perspectives 4 Brand Equity Models Brand Asset Valuator Brand Resonance Pyramid Building Brand Equity Measuring Brand Equity Managing Brand Equity Conclusion
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The financial statements of proctor & Gamble can be found in the annual report. But what these numbers really mean can be found by the use of ratios. In order to give you a more in depth analysis of Proctor & Gamble’s financial position we used several ratios. Activity ratios. These ratios measure whether a company is able to convert account within their balance sheet into cash. Showing us how fast a company can generate into cash and thus sales and ultimately more revenue. We used four ratios
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Creating Brand Equity GENERAL CONCEPT QUESTIONS Multiple Choice 1. At the heart of a successful brand is ________‚ backed by creatively designed and executed marketing. a. price b. promotion c. a great product or service d. a great slogan e. a brand concept Answer: c Page: 273 Level of difficulty: Easy 2. The strategic branch management process involves four main steps. Which of the following would NOT be among those steps? a. Measuring consumer brand knowledge
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Brand equity Brand equityis a phraseused in the marketing industry which describe the value of having a well-known brand name‚ based on the idea that the owner of a well-known brand name can generate more money from products with that brand name than from products with a less well known name‚ as consumers believe that a product with a well-known name is better than products with less well known names.[1][2][3][4] Another word for "brand equity" is "brand value". Some marketing researchers have
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resultant economy downturn stemming from the global recession of 2008-2010 has left varying degree of impact on countries and business organizations in the developed economies‚ developing economies. Effect of the downturn on the P&G Procter & Gamble a global player in the FMCG sector was one affected as a result of the fact that the resulting implication of the downturn are as follows; * Consumers’ confidence did suffer a dip as result of the economy going down from boom to burst thereby
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