Question 1 a) In the late 1990s Nike found itself in a serious situation with its manufacturing approach in Asia.-Select and apply one of Porter’s models of strategy to explain why Nike were manufacturing in Asia? Michael Porter‚ leading author on company strategy and competitive advantage‚ has developed several generic strategies which‚ according to Porter‚ are the driving force behind any given company’s success. These strategies comprise of Cost Leadership‚ Differentiation and Focus. It is Porter’s
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Marketing In The Digital Age ANSWERS Be sure to answer all parts of each question. Be sure to use complete sentences whenever appropriate. Good Luck! 1. What were the four major forces that shaped the digital age? Digitalized and Connectivity Internet Explosion New type of Intermediaries Customization and Customerization 2. What are the four major e-commerce domains? Business to Consumer Business to Business Consumer to Consumer Consumer to Business 3. Define internet
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Problem 1 The following is a demand schedule for shoes: Price: $100 $80 $60 $40 $20 Quantity: 10 14 18 22 26 -A- Illustrate the demand curve. -B- How much will consumers spend on shoes at a price of $80? At P=$80‚ q=14. -C- As price drops from $100 to $80‚ is the demand elastic or inelastic? Show your work or reasoning. As price drops from $100 to $80‚ q rises from 10 to 14. e= (% change in qty)/(%change in price) = - [4/10]/[20/100] = -(2/5)/(1/5) = -2 Hence the demand is elastic. Problem
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Mandatory Units Questions and Answers Outline the guidelines‚ procedures and codes of practice relevant to personal work? (1.1.1) Follow a set routine so you don’t make any mistakes. Confidentiality. Explain the purpose of planning work‚ and being accountable to others for own work? (1.1.2) Throughout the day I will always find out what job is the most important for me to do first and do my other work afterwards. Any delay in the important jobs could impact on someone else’s work e.g. (Every
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Question 1 Motor vehicles in Malaysia are increasing rapidly nowadays. Almost every household have at least 2 cars and a motorcycle. It shows that Malaysians lifestyle also increasing. But from 1980 till 2010‚ the statistics of motor vehicle theft are increasing. Statistics shows that it increased year by year. The graph shows that from year 1980 till year 1995‚ the number of cases is still maintained. But‚ starting from that year till 2010 increased rapidly. The green line that indicates all
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remember something better if I write it down. _____ When trying to remember a telephone number‚ or something new like that‚ it helps me to get a picture of it in may head. _____ When taking a test‚ I can "see" the textbook page and the correct answer on it. _____ Unless I write down directions‚ I am likely to get lost and arrive late. _____ It helps me to LOOK at a person speaking. It keeps me focused. _____ I can clearly picture things in my head. _____ It’s hard for me to understand what
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Resolution: Can science answer all questions? Definitions: Theory - A well-substantiated explanation of some aspect of the natural world; an organized system of accepted knowledge that applies in a variety of circumstances to explain a specific set of phenomena. Science - systematic knowledge of the physical or material world gained through observation and experimentation. Introduction: I stand in firm negation of the resolution at hand. I support this with the following two contentions. All
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1. List the top three to five highest priorities of your job as you understand them. 1. Customer service 2. Accurate repair order write ups 3. Selling service and accessories‚ up selling. | | |2. List what you consider to be your greatest strengths or accomplishments this year. | |
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employees even deserved the raise. Her major goal was first confirmed when her accountant ended up asking her during the meeting‚ “You asked me if I could find any money for raises this year. Well‚ I’ve gone over the latest numbers and the quick answer‚ I’m afraid‚ is no.” Juan the accountant told her that profits continued to be low with a spur of unexpected expenses. Juan continues further and with his creative thinking‚ gives Maggie something to work with. In other words‚ Juan recommends Maggie
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organizations. 2. What are the major factors leading to the resurgence of interest in OM today? OM is relatively new field of research and still evolving‚ many businesses employ it is a way to increase productivity and reduce error. OM allows companies to be more competitive by reducing unnecessary cost involved when resources are squandered. Today the human being is constantly finding new ways to get more for less. This means an increase in productivity‚ or output/input. OM helps to find these
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