Application of Microeconomics concepts 1. Apple: ‘We can’t keep up with demand’ Global passion for Apple unabated as consumer demand outstrips supply across iPhone‚iPad and iMac ranges‚ Apple says. As Apple announced record profits‚ chief executive Tim Cook confirmed that even supplies of older‚ cheaper models of the iPhone were not enough to satisfy demand‚ and that sales of iMacs fell primarily because the company could not make the new design fast enough. He added that iPad Mini demand‚ too
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Maslow’s Hierarchy of needs was proposed by Abraham Maslow in 1968‚ it is his theory that a person’s basic needs must be satisfied before we can focus on those that are more abstract (Wood‚ 2013). The Hierarchy is usually displayed as a pyramid with the basic needs at the bottom and the more complex needs at the top. The bottom starts with an individual’s physical needs such as air‚ food‚ water the things needed to survive. As humans communication is also needed to survive‚ because it helps us to
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Even then‚ overcoming issues such as customer loyalty and switching costs would be another large barrier to entry. The threat of substitutes (High) For Samsung‚ almost any phone that performs the same functions as a Samsung phone could be considered a substitute. This includes other devices running the Android OS and not made by Samsung‚ (Motorola Droid comes to mind) as well as other devices like the Apple iPhone or Blackberry. All of these are in high abundance with similar cost and highly
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Assessment/evidence gathering conditions Each assessment component is recorded as either Satisfactory (S) or Not Satisfactory (NS). A student can only achieve competence when all assessment components listed under Purpose of the assessment section are Satisfactory. Your trainer will give you feedback after the completion of each assessment. A student who is assessed as NS (Not Satisfactory) is eligible for re-assessment. Resources required for this Assessment All documents must be created in
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How does Big Data disrupt the technology ecosystem of the public cloud? Copyright 2012 IDC. Reproduction is forbidden unless authorized. All rights reserved. Agenda Market trends 2020 Vision Introduce panel members and theme © 2012 IDC Source:/Notes: 2 Market Drivers of Big Data Billions of devices‚ millions of apps‚ drives data explosion Heterogeneous systems and architectures Real time computing and decision making-analytics Cloud bridges consumer and enterprise markets
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Summery Samsung Electronics has proven to the business world that they are one of the mostprestigious technology companies in the industry. With more technology advancements thanour market can handle at this point and time‚ Samsung has paved the way for the future inelectronics. One of the most popular new “toys” in the market today‚ is the unbelievable 3D TV.The first 3D TV was launched in March of 2010‚ and has already had a major impact on themarket. With the release earlier this year‚ Samsung dominated
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Maslow’s hierarchy of needs is a theory in psychology proposed by Abraham Maslow in his 1943 paper "A Theory of Human Motivation".[2] Maslow subsequently extended the idea to include his observations of humans’ innate curiosity. His theories parallel many other theories of human developmental psychology‚ some of which focus on describing the stages of growth in humans Maslow’s hierarchy of needs is often portrayed in the shape of a pyramid with the largest‚ most fundamental levels of needs at the
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Week 1 Individual Work Assignment: Maslow’s Hierarchy of Needs (Wood‚ 2013‚ pp. 9-14) Student Name: Part 1: Define and describe each stage of Maslow’s Hierarchy of Needs Your discussion of each need should be approximately one paragraph in length. 1. Physiological needs for survival Air‚ water‚ and food are metabolic requirements for survival in all animals‚ including humans. Clothing and shelter provide necessary protection from the elements. The intensity of the human sexual instinct
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AUTHORITY‚ ACCOUNTABILITY & RESPONSIBILITY By Yusop B. Masdal I. INTRODUCTION Delegation (or deputation) is the assignment of authority and responsibility to another person (normally from a manager to a subordinate) to carry out specific activities (Blair‚ gerald 2002). However the person who delegated the work remains accountable for the outcome of the delegated work. Delegation empowers a subordinate to make decisions‚ i.e. it is a shift of decision-making authority from one organizational
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Area of Interest: Apple’s flagship phone iPhone 5S concern‚ there was released last week with Samsung Galaxy Note 3 comparison has become the talk of the town‚ indeed equal shares. Note 3 of Qualcomm S800 processor is equipped with the most advanced ; while 5S adopts new A7 and M7 dynamic co-processor chip‚ running twice as fast than the previous generation‚ be no slouch. 5S maintain eight million pixel camera‚ and use better photographic accessories‚ plus iOS 7 improvements‚ shooting to the next
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