When consuming products and services‚ customers pay attention to several factors to make sure that they have made a sensible decision. Perhaps‚ the very first thing to be taken into account‚ under some circumstances‚ is price. However‚ it should not always be the sole consideration for purchasing decisions. From my point of view‚ apart from price‚ there are other determinants that can have a strong impact on a buyer’s decision‚ namely quality‚ buyer psychology and commitments that a firm offers its
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FACTORS AFFECTING EXPORT PERFORMANCE OF PAKISTAN FURNITURE INDUSTRY Hooreen Tasneem Ahmed (htasneem@gmail.com) FOUNDATION UNIVERSITY INSTITUTE OF ENGINEERING & MANAGEMENT SCIENCES‚ NEW LALAZAR RAWALPINDI CANTT PAKISTAN. Abstract:- This paper focuses on the factors which are affecting export performance of Pakistan furniture industry. The study provides a brief overview of the problems which are creating hindrance for furniture exporters. Also‚ it provides some suggestions
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Pricing Strategy Steps in Setting Price: Following are the steps in setting price for a product: 1. Selecting the pricing objectives; 2. Determining the consumers’ demand; 3. estimating costs; 4. Analysing the competitors’ costs‚ prices and offers; 5. Selecting a pricing method; and 6. Selecting the final price. 1. Selecting the pricing objectives: Before selecting a suitable price for a product‚ the marketer is needed to review the company’s objectives. The more clearer the company’s
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International Journal of Business and Management Tomorrow Vol. 2 No. 10 Factors Affecting Customer Satisfaction: A Study on Maruti Suzuki Mahesh L‚ Faculty‚ Maharani’s Arts and Commerce College for Women‚ Mysore Amulya.M‚ Assistant Professor‚ Department of Studies in Business Administration‚ University Of Mysore‚ Mysore Abstract Exceptional customer service results in greater customer retention‚ which in turn results in higher profitability. Customer loyalty is a major contributor
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comprehend the exchanging condition and client conduct. Macro environmental factors These elements are not firmly identified with the association but rather it has dependable and devastative effect on the association. Full scale ecological components focus the dangers and chances of the association. Full scale natural components are social‚ demographic‚ political‚ monetary‚ innovative and normal. Demographic Factors: It incorporates clients’ occupation‚ age‚ sex‚ thickness‚ area thus on and these
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Pricing is one of the most important elements of the marketing mix as it is the only mix‚ which generates a turnover for the organization; the remaining 3p’s are the variable cost for the organization. It costs to produce and design a product; it costs to distribute a product and costs to promote it. Price must support these elements of the mix. Pricing is difficult and must reflect supply and demand relationship (Constantinides‚ 2006). Pricing a product too high or too low could mean a loss of sales
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| | IntroductionThe factors that affect the use of information technology by students in Nigerian University libraries varies from availability of resources and materials‚ management and administration as well as students attitude and disposition. Laudon‚ (2002) explained that information technology is one of the many tools managers use to cope with changes‚ adding that computer which is at the core is the physical equipment used for imputing data and processing output. Similarly Haag (2002)
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Pricing Strategies The three types of pricing strategies are skimming‚ penetration‚ and competitive. Skimming pricing strategy is defined as a pricing strategy involving the use of a high price relative to competitive offerings (Boone and Kurtz‚ p641). Skimming can be used to introduce a new product slowly. This allows the distribution process to be able to keep up with the market. Sometimes called market-plus pricing‚ intentionally setting a relatively high price compared with prices
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2. What is the role of Literature in doing a research project? Literature is a critical summary and an assessment of the current state of knowledge or current state of the art in a particular field. The role of literature in doing a research project is: • It formulates a research question. • It establishes the validity of a research project by revealing gaps in the existing literature on a topic that offer opportunities for new research. • Provides the reader with an up to
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A Study on the Different Factors Affecting Car Accidents in Manila In partial fulfillment of the requirements in Research Submitted to: Mr. Jonathan David Hubilla Submitted b: 09 Gonida‚ Sean 10 Gonzales‚ Erick 12 Lao‚ Arwin 17 Uy‚ Raphaelle Saint Jude Catholic School San Miguel Manila Date of Submission: January 20‚ 2014 CHAPTER I THE PROBLEM AND IT’S BACKGROUND A
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