UTILITY 5 Diminishing Marginal Utility in case of Samsung smart phones: 5 Consumer Surplus 6 REVENUE MODEL OF SAMSUNG SMARTPHONES: 8 ANALYSIS OF MARKET TYPE AND NATURE OF COMPETITION 10 Competitive environment of smartphone market in India: 10 Top 3 strategies adapted by Samsung to answer the competition and gain market share: 10 Price Discrimination: 12 References: 13 DETERMINANT OF DEMAND/SUPPLY Product Type Smart phones are something which are becoming the centre of the cell
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1.0 OBJECTIVES After studying this unit‚ you should be able to: l explain the meaning of research‚ l differentiate between Science and Knowledge‚ l distinguish between inductive and deductive logic‚ l discuss the need for research in business‚ l classify research into different types‚ l narrate different methods of research‚ l list the difficulties in business research‚ and l explain the business research process and its role in decision making. 1.1 INTRODUCTION Research is a part of any
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A Short Statement about the Importance of Goals‚ Objectives‚ and Strategies By Bob Freitag Direction is provided only when there are clear and concise goals and objectives. You may know the “what”—such as rivers flood. You may understand the “so what”—the impacts caused by the flooding. But can you devise a “now what”—a course of action‚ a— To avoid the adverse impact you need a direction. You need goals and objectives. The clearer and more measurable your goals the easier your actions are
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Guide to Setting up a Restaurant / Coffee Shop / Food Outlet. Getting Started Making the decision to set up a restaurant /food business involves careful consideration. As the standards and expectations of customers are rising all the time‚ the setting up of any food business could involve considerable financial outlay and time. Food business are required to be compliant with a range of legislation and non-compliance can result in serious consequences so food business owners need to be well
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BUSINESS RESEARCH METHODOLOGY TUTORIAL 1. Why do we need to conduct social science research? Explain the differences between deductive and inductive research. Social science research refers to any scientific study of human action and interaction focusing on elements of thought and behaviour that are in some sense social. As such‚ social scientists aspire to science. They intend to study human action and interaction and thought and behaviour in a systematic‚ rigorous‚ evidence-based‚ generalizing
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Objectives of COMESA COMESA was established in 1994 to replace the Preferential Trade Area for Eastern and Southern Africa (PTA)‚ which had been in existence since 1981. The PTA was established within the framework of the OAU’s Lagos Plan of Action (LPA) and the Final Act of Lagos (FAL). Both the LPA and the FAL envisaged an evolutionary process in the economic integration of the continent in which regional economic communities would constitute building blocks upon which the creation of an African
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Journal of Business Research 58 (2005) 726 – 735 The entrepreneur’s business model: toward a unified perspective Michael Morrisa‚*‚ Minet Schindehutteb‚ Jeffrey Allenc a Witting Chair in Entrepreneurship‚ Syracuse University‚ Syracuse‚ NY 13244‚ USA b Miami University‚ Oxford‚ OH 45056‚ USA c University of Central Florida‚ Orlando‚ FL 32816‚ USA Received 29 September 2002; accepted 6 November 2003 Abstract Highly emphasized in entrepreneurial practice‚ business models have received limited
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Now a day‚ the human resources department strongly motivates employees by providing them proper rewards for their work or achievements. We can say that the overall performance of any organization is highly influenced by the reward system. This research gives a response to the importance of reward system in the hotel industry in‚ Cochin‚ the type of rewards and the impact it has on the employees. Literature Review: The rewards are given to the people who perform well in their work and also by
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Moviante Restaurant Case Study SMHM 5280 October 11‚ 2004 Introduction This proposal is intended to pinpoint the problems and introduce actions or solutions for the active restaurant operator-owner and manager who are involved in the Moviante Restaurant. The analysis is divided into four parts: (1) problem identification‚ (2) causes of the problems‚ (3) solutions to the problems‚ and (4) recommendations. Additionally‚ there will be a complete discussion on problem solving designed
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BUSINESS RESEARCH DESIGNS Topics to be covered Business Research Design : Exploratory‚ Descriptive & Causal Research Exploratory Research: Meaning‚ suitability‚ collection‚ hypothesis formulation Descriptive Research: Meaning‚ Types of Descriptive studies‚ data collection methods Causal Research: Meaning‚ various types of experimental designs‚ types of errors affecting research design Business Research Design - A research design is a framework or blueprint for conducting the marketing
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