1. Sawstop Safesaw Marketing Pl Company Description
Sawstop SafeSaw Marketing Plan
Company Description
In 1999, the SawStop table saw was invented by Dr. Steve Gass with a goal to drastically reduce the
amount of hand, finger, and other injuries commonly suffered from the use of standard cabinet saws.
This led to Dr. Gass and three of his friends founding SawStop, selling their first saw in 2004. Since
then, the company has grown, increasingly preventing injuries along the way.
SawStop is the premier cabinet saw of North America thanks to its safe and quality design. It has
received numerous awards from trusted publications and is now available at over 350 dealer
locations in eight countries. The saw is advertised to various markets, based on those targeted by the
individual dealer.
Stressing safety, the revolutionary technology behind SawStop has allowed the company to
continuously expand its market. SawStop would like to expand their product line by introducing the
handheld SafeSaw so that the frequency of injuries on–site can be greatly reduced as well.
Mission
The mission of SawStop is provide our consumers with high–quality cabinet, table, and portable
saws, that possess industry revolutionizing safety technology. We aim to eliminate accidents in the
carpentry industry involving saws, while also providing substantial returns to our stockholders.
Goals
For the next 5 years Sawstop seeks to achieve the following nonfinancial and financial goals:
Nonfinancial goals:
1.To achieve national distribution in
... Get more on HelpWriting.net ...
2. The Dynamic Capabilities Theory Of The Organization
The knowledge is part of all spheres, levels, department in the company, that also has partnership
with universities, institutions as well laboratories, apart from IBM's laboratories. The Organization
invest in a massive structure of learning, from Business, organizational, as examples for rules,
practice and guidelines, until science for developing new technologies. In this way, as the
information are available for all employees, this can contribute to reduce power and influence, as
internally, between leader and followers, as such, as stimulate the individual development. Thirdly,
the case can evidence concepts from the Dynamic capabilities, considering the changes experienced
by the company, when Louis Gerstner was CEO. The dynamic ... Show more content on
Helpwriting.net ...
"returning IBM to greatness required getting back in touch with our DNA. So, one of the first things
I did as CEO was to initiate an effort to re–examine our core values."6 Presently, the current
investment of the company is in artificial intelligence. In 2011, IBM presented Watson, a
supercomputer, based on cognitive science, on an American television quiz show "Jeopardy". The
robot, competed with two of the best winners, the challenge of the competition was to guess the
question for the answer informed by the presenter. Watson won the game. This was a more popular
form encountered by IBM to promote the novel system they are waggling to be a milestone in the IT
industry. Pisani (2014), consider this novel computing will likewise modify the way Business is
normally conducted. The cognitive computers are not able to think by itself, however, it is capable
to learn. This system has ability to absorb information, interact, also it is apt to propose solutions.
The company will deliver the novelty with other system, cloud computing, area where IBM was
legged in the market competition. Watson it is a system which is compounded by different
capabilities as analytics, NPL as well "machine learning techniques". Each the system receives and
process information by interacting with users, becomes smarter and absorb more knowledge.
(Hurwitz, Kaufman and Bowles, 2015; p.
... Get more on HelpWriting.net ...
3. Analysis Of Canadian Politician Ron Johnson
"Pricing is actually a pretty simple and straight forward thing. Customers will not pay literally a
penny more than the true value of the product" (Johnson, R. n.d.). The introductory citation by
Canadian Politician Ron Johnson lays the foundation for this case assignment. A case assignment
composed of proposals to numerous companies pertaining to their pricing strategy. For products
created by their individual organizations. Let's kickoff this case assignment by exploring possible
strategies, for a company that recently developed a new 3D television.
3D television:
A company has produced a state–of–the–art 3D television that contains unique features, that is
different from other 3D televisions currently in the market. This company acquired a patent on a
new technology that doesn't involve the end user to put on 3D glasses to enjoy the effect and display
of this contemporary television. Due, to the patent and superior technology this company will revel
in the advantage it will gain over other companies for at–least a year or two. So, it would be prudent
that this company heeds the following advice, in protecting their interest concerning the pricing
strategy for this advanced 3D television.
"Consider your overall marketing goals, such as penetrating new markets with new products, or
maintaining a higher market share with existing products compared to your closest competitors"
(Paley, N. 2006). Since, technology is constantly developing and manufacturers are always
... Get more on HelpWriting.net ...
4. Blue Cross V. Marshfield
Blue Cross v. Marshfield
Blue Cross/Blue Shield v. Marshfield
Michael Stapleton
Micker8@aol.com
Content
Introduction............................................................................page 2
Jury and Government Findings......................................................page 2
Concepts Relevant to this Case......................................................page 3
Conclusion.............................................................................page 4
References..............................................................................page 5
Blue Cross v. Marshfield
Introduction The Marshfield clinic is a health care system founded in 1916 comprised largely in
Wisconsin (Marshfieldclinic.org, 2012). It has 2 hospitals, 53 community care centers, and has
about 800 physicians in more than 80 medical specialties and subspecialties–from cardiology, to
neurology, to dentistry – provide care at over 50 locations ... Show more content on Helpwriting.net
...
Concepts Relevant to this Case There are many concepts from our course related to this case. The
effectiveness of any law depends on how the courts interpret it and on the vigor of government
enforcement (McConnell, et al., 2012). While the jury found that Marshfield clinic and Security had
monopoly power, that they engaged in anticompetitive conduct to obtain or maintain that power, and
found that Marshfield had illegally entered into agreements with competitors or potential
competitors to allocate customers, allocate territories, allocate markets, and to fix fees or prices, the
judge subsequently found much of the jury's decision not reflective of the evidence and over–turned
much of the antitrust violations. If this made Marshfield price makers then they could only be
characterized as, at the very least, a monopolistic competition all the way up to a monopoly. If a
large fraction of the population of Wisconsin could not find "independent" physicians to offer a
competitive HMO product, then this clearly would put them as an oligopoly or even monopoly.
Conclusion
It is very difficult for the government to come in and state that antitrust violations have occurred
absolutely in a company.
6. How Customer Loyalty Is Not Effortlessly Achieved Since...
Section l: Literature Search.
Many companies today have come to the conclusion that customer loyalty is not effortlessly
achieved since customers have so many options and alternative to choose from. Customers are the
decision makers of where and when to shop. The research in this chapter will focus on what factors
or elements impact customer's loyalty. According to Harvey Thompson (2004), there are numerous
factors that influence customer's loyalty. One of these factors is the price of the products rather than
the perception of value. Another factor is the attribute of the product and how well it caters to the
customers wants and needs. Service is another element in which the customer measures their
experience and evaluates whether they ... Show more content on Helpwriting.net ...
Customers continue to be loyal to grocers who deliver a relevant, fresh, and customized shopping
experience.
Communication: Communication is an art in which retail industry have a great need to master it in
order to maintain customer loyalty. According to Klie Leonard (2013), it is a necessitate to keep a
continuous line of communication between the customer and the supplier. Customer engagement
may lead to customer loyalty for engaging a customer during their visit to the store can make
customers feel welcome and valued. As Leonard illustrates (2013) companies should instruct
employees to actually listen and comprehend what the customer are saying and then decided what to
do with that information. Similarly, Thompson (2004) mentions a distinctive competency that a
company should possess is listening to customers and providing what they want. This allows for the
customer loyalty to begin, cultivate and as long as it's maintained, the customer will continue to
return to experience the nurturing effect that has grown among them. Leonard (2013), makes it a
point to express that a company should also keep all promises made to their customer this, in turn,
will result in trust.
Price: According to Docters, Reopel, Sun, and Tanny (2003) personal experiences is an entity which
customers will recall numerous times during their life span. Nevertheless, in the mind of the
customer
... Get more on HelpWriting.net ...
7. Antitrust Laws And Violations : Antitrust Law
Antitrust Laws and Violations Introduction Antitrust laws are to protect competition. The free and
open competition benefits that consumers have by ensuring that they have lower prices as well as
new and better products. In a freely competitive market, each competing business generally will try
to attract consumers by cutting its prices and increasing the quality of its products or services in
order to try to beat out there competitor. The competition and the profit gives the opportunities to
bring and also stimulate businesses to find new, innovative, and more efficient methods of
production. Consumers sometimes benefit from competition when there are lower prices and better
products and services (). The antitrust law is the law that ... Show more content on Helpwriting.net
...
These laws also oversee planned mergers and acquisitions that are adequately large to add up to a
threat to rivalry, and they take in hand commercial practices that can cause an uncertain threat to
competition on the merits in an appropriately defined antitrust marketplace (Clark, 2007). Main
Issues Competition is considered beneficial for business and business environment, as in a
competitive market, companies offer higher quality products at lower prices to be successful or to
gain market share. On the other hand, businesses perhaps get involve in violation of antitrust laws
that is a white collar crime as it has a bad effect on competition, can damage economy and can
increase prices. Antitrust laws are formed to protect consumer and competitors from unfair
competition and its consequences, these laws prohibits: conspiracies, combinations and contracts in
trade restraint, mergers, and acquisitions that tend to significantly reduce the competition offenses
and methods of unfair competition, as well as unfair practices and acts in the conduct of commerce
and trade (Kovacic et al, 2007). Competition serves as an effective mean for businesses to identify
ways to improve product quality, charge lower price, and to increase efficiency. Business that can
offer the highest product quality at the reduced costs will succeed in a
... Get more on HelpWriting.net ...
8. Fix Auto
Fix Auto is an auto body repair company based in Montreal that is looking for rapid worldwide
expansion. The external task environment in which Fix Auto operates in is one which has many
opportunities for Fix Auto, but also many threats.
Policial
Politically, governments are changing how Infrastructure spending is allocated. More taxpayer
dollars are being spent on mass transit initiatives such as the City of Calgary's green line project
which aims to create a new train corridor with the municipal and federal governments guaranteeing
a cumulative $3.08 Billion towards the project ("Green Line", 2016). The implications for the auto
industry, including fix auto is that the transit projects aim to reduce emissions by having less cars on
... Show more content on Helpwriting.net ...
It is mentioned earlier that there are no locations in Saskatchewan, Manitoba and much of their
target market in the United States. Fix Auto needs to focus on their primary objective of becoming
the North American auto body repair chain. Fix Auto is experiencing overexpansion.
"Overexpansion often occurs when business owners confuse success with how fast they can expand
their business" (Schaefer, 2006, Overexpansion.). In a 2005 study done by the Law School at the
University of Chicago, It was found that of the chapter 11 small business Bankruptcies issued in the
United States, overexpansion contributed to a "non–trivial" (Baird & Morrison, 2005, Pg. 7, Para. 1)
number of cases. The best method for expansion is steadily and to move to new countries one at a
time. (Schaefer, 2006, Overexpansion). Fix Auto should capitalize on their existing regions such as
the United States, Canada, and the United Kingdom before moving into new markets such as
Australia, South Africa and Turkey.
If Fix Auto desires to maximize corporate efficiency, they need to begin operating the differing
regions as separate companies with unique management and hubs. This way, each region is able to
have expertise in local legislation and cultural standards. They need to implement regional
strategies, offices, and management before opening branches in new countries and
... Get more on HelpWriting.net ...
9. Wal-Mart Community Analysis
When a new Wal–Mart is built in a community many people complain that the store does all kinds
of damage to their community. Including but not limited to putting small local businesses at risk of
closing down and hurting the economy in their community. However according to some Wal–Mart
actually improves the economy of any community that it enters. And while it may force local
competitors to close down this is not necessarily a bad thing.
There is little doubt that most people have heard some criticism of Wal–Mart in their daily lives,
from destroying the local economy to treating their workers poorly. It is not difficult to find the
issues people have with Wal–Mart. But what are the facts behind these complaints and what are
other ways ... Show more content on Helpwriting.net ...
In that with what ever task is being performed it is done with as little human labor as possible.
Allowing that labor to do other things. As mister Worstall points out this is not a new trend as
technology is being developed new ways to use less human labor to perform a task are being
developed. He also points out that it is usually only Wal–Mart that is blamed for these issues when
plenty of other large retail stores displace jobs when they move to town. And while it is true that
Wal–Mart puts small businesses that are in direct competition with it out of business, such as
restaurants, boutiques, and other franchises (Tuttle 5) this is how businesses normally function with
the better business attracting all of the customers and eventually driving its competition out of
business. Also those businesses that are not in direct competition with Wal–Mart will normally
move into the buildings that had been previously occupied by Wal–Mart's competitors and
succeeded in those locations as they were not actually competing with Wal–Mart directly. Another
person who disagrees with those who believe Wal–Mart is harmful to small communities is John
Semmens an author for Foundation for Economic Education stated that Wal–Mart is in fact a good
thing despite what
... Get more on HelpWriting.net ...
10. Bauer Performance Sports Ltd.
Bauer Performance Sports Ltd. is a company based out of Exeter, New Hampshire that produces ice
hockey equipment, fitness and recreational skates, and apparel. They are best known for their skates
but after acquiring multiple companies they have expanded into manufacturing wide range of
equipment from skates to hockey sticks. The company has expanded to new levels and now has the
face of many NHL stars to represent their brand. For an athlete to stay relevant in their sport they
have to adapt and get better year after year. It is the same for a worker, once they are not up to date
on everything they need to know they became more of a liability for the company. This is because
they are not as efficient as another work who would be up to date and could replace them. This is
the same for manufactures of products, the product they are selling must be the best or top of the
line so that it is appealing to the consumers. Another big part of issues manufactures have is that
they need to have more than one version of the product. When marketing to a large number of
consumers the product has to be the most appeal one on the shelf and in their price range. Bauer has
to maintain a product line that will be affordable to a player who is trying a sports for his first time
all the way up to the professional players. Bauer was founded in 1927 in the town of Kitchener,
Ontario. They changed hockey skates forever when they developed the first skate with the blade
attached. In
... Get more on HelpWriting.net ...
11. The Five Competitive Forces That Shape Strategy
I am going the review the Article "The Five Competitive Forces That Shape Strategy" written by
Micheal E. Porter. This article was published in Harvard business Review in year 2008. This article
has started revolutionary thinking about what are the different forces in addition to direct
competitors that affect competitive strategy of an organization and how better understanding of
industry structure and these forces, also known as " Porter 's Five Forces", derive organization 's
strategy to achieve sustainability and higher profitability. Author has explained the other factors that
contribute for industry structure like industry growth rate, technology and innovation, external
factors, government & regulations and complementary products and services. Industry structure
changes while responding to changes in competitive forces. Author also discussed the framework to
perform industry analysis and avoid common pitfall while conducting analysis. In this review I will
summarize five competitive forces explained by Micheal E. Porter and their implication on
organization 's strategy. Further, I will discuss the relevancy of Porter 's five forces framework in
current scenario. 2. Summary Managers generally consider the rivalry among competitors as a
major source for deriving strategy. As explained by the Michael Porter it is a narrow view of
competition. A set of other parameters should be evaluated, mentioned in article as five competitive
forces, along with industry
... Get more on HelpWriting.net ...
12. Business For Lee Valley Marketing Plan
Lee Valley Marketing Plan
Zara Bagramian
Rhonda Hung
Kunal Pande
Sarah Stamkos
Dec. 4, 2013
MKM 706
Table of Contents
Executive Summary 3
Company Background 3
Marketing Objective 3
Customer Analysis 3
Market Analysis 4
Competitive Analysis 5
Internal Environmental Analysis: 6
External Environmental Analysis 7
Marketing Strategy 7
Financial Analysis 9
Sources 11
Executive Summary
Business for Lee Valley's gardening line has been stable for the past couple of years, especially in
2009 and 2010. The number of customers, average yearly order and the average order value has
been the same for these two years. To meet our sales objective of increasing gross sales by 2.5%, we
will be focusing our marketing efforts on a specific segment. This particular segment consists of
individuals who are over the age of 45 with a passion for gardening.
People in this segment are likely to be retiring in the near future, which implies that they will have
the income and leisure time to work on their gardening projects. By targeting this segment, we are
attempting to increase their average yearly orders and average order value, which will eventually
drive up sales. Since this group of individuals already possess a strong passion for gardening and are
13. already Lee Valley's best customers, we believe that the desire and need to purchase additional
products will increase as this segment is retired, or will be retiring in due course.
Company Background
Lee Valley, based in Ottawa began
... Get more on HelpWriting.net ...
14. The Heroism Of The Valor Games Midwest
The Contest that was years in the making.
Unimaginable pain ran thru my hand, a few seconds later I passed out. I had been shot thru my left
wrist while on patrol around Kandahar Afghanistan in August 2011. This event would wind up
taking many things from me. The hardest trial I would endure was to regain my range of motion and
ability to lift weights. Weight lifting is one of the few sports that I love to do and have done since I
was a child. It took almost 2 years of physical therapy and another 2 years of personal therapy to
regain the movement and strength I needed to compete in the 5th annual valor games Midwest.
Valor games Midwest is a competition put on by the Veterans Association every year for wounded
warriors around the ... Show more content on Helpwriting.net ...
I was running late, I had to rush from the parking lot to the check in station in the lobby of the
Chicago Hilton. Once signed in and loaded on the bus, I finally had time to take in my environment.
I was surrounded by wounded warriors from all different wars and I was here to compete against
them. It was surreal to say the least. I was completely over whelmed with emotion and fear all at the
same time. I had a little boo boo on the wrist and some of these heroes were missing limbs, or
scared, would they accept me as one of their own or would I be an outcast. Only time would tell.
The contest would last 3 days. 3 days, 3 different events, 3 locations around Chicago. I had been
training for months to compete. I would participate in the Shot Put, Archery and Powerlifting
(Bench Press). 1st day I competed in the Shot Put. There was a lot of confusion on where everyone
would go to and participate in their event as it was the first day and a lot of us newbies. I finally
found where I was supposed to be for Shot Put. I was nervous, a lot of people were there all decked
out in their gear to compete, and here I was dressed like a redneck with cargo shorts, a t–shirt and
old tennis shoes. The competition began, grass wet from the morning dew and rain from the
previous night, and I was first. This is not what I wanted. Leading the pack is never a good place to
start; you have no idea how hard you must try to beat the competition. It is the worst place to start.
And
... Get more on HelpWriting.net ...
15. My First Priority Segment And Open Sales Offices
Quarter 1 & 2 In quarter 1, the main goal is to name the company, choose the first priority segment
and open sales offices. I decided to select segment first, because when the segment is confirmed, I
can know the main feature of my company which can help me use the feature to name my company
and choose the location of sales office. I chose Workhorse as my first priority segment, because this
is the segment which has the largest potential customers. What workhorse like most is easy to use, I
think which means the PC for workhorse needs to be smart, so I named my company "Smart". On
the other hand, Shanghai has the largest workhorse customers, so I located my first sales office in
Shanghai. In quarter 2, along with the building of ... Show more content on Helpwriting.net ...
Besides, I opened a new sales office in Chicago.
Quarter 3 In quarter 3, I got the performance report and brand judgement for my first brand.
According to the balanced scorecard, my total performance score is 38.836, lower than the average
score, among the financial performance, market performance and marketing effectiveness, only the
marketing effectiveness part is better than the average. In quarter 2, although my market share is
fairly good, occupied 48% of the Workhorse market, nevertheless, it's nice to have the largest
market share, profit is more important than market share. Heartbreakingly, although my brand
profitability is 92,996, the profit from sales revenue is only 9%, what's worse, my net profit is below
zero. My main competitor in quarter 2 is Galileo Computers, so I will compare and analyze the
differences between my brand Juno and Galileo's brand Callisto. The score in brand judgement part
is 69, which below 70 and means it should be discontinued. Although my score is bad, it's higher
than Callisto, which score is 58. The reason is Juno has more functions than Callisto like database
and standard networking. The price judgement part is fairly good, the score is 100, and Callisto's
score is also 100. I found Callisto's price is lower than Juno, but Juno's
... Get more on HelpWriting.net ...
16. Manufactures'suggested Retail Price
Manufactures' Suggested Retail Price (MSRP)
The Manufacturer's Suggested Retail Price (MSRP), list price or recommended retail price (RPP) of
a product is the cost at which the manufacture proposes that the retailer offer the product. Although
the goal is to aid to institutionalize costs, it is not often the value the retailer use or the value the
customers are willing to pay. The retailer has the freedom to sell the products at a price lower than
the MSRP to move the product faster or they can set it higher than the MRSP to bring in more
profits if the item is selling faster than initially foreseen.
The MSRP for Allround suggested retail was $5.29, according to the PharmaSim case study, "The
manufacturer's suggested retail price (MSRP) for Allround is relatively high with volume discounts
ranging from 25–40%, not including promotional allowances". Our pricing decision for the
PharmaSim simulation we felt was important because consumers have alternatives to choose from
and are better informed. Our initial retail price of $5.45 was an increase from the suggested retail of
$5.29 to adjust with inflation rate of 3.1%, which boost sales from $355.3 million to $434 million
totaling $78.7 million in sales growth. We purchased survey data to help establish the price.
Consumers perceived our product being the most effective in cold relief which allowed Allstar to
raise the price incrementally and consumers were still willing to purchase the product.
During period 1 the
... Get more on HelpWriting.net ...
17. Mobileye
Mobil Eye Case A) Mobileye, founded by Amnon Shashua and Ziv Aviram, is a company leading
the market in technologically advanced software algorithms, system–on–chips, and applications
customized to extensively process visual information for the use of advanced driver assistance
systems, or ADAS. Mobileye is the market leader for ADAS because of its unmatched customer
value proposition, or CVP; focusing on continuously improving safety, avoiding accidents, and
saving lives in an increasingly affordable way. This value the customer receives comes from the
applications that increase the safety in vehicles such as warnings for lane departure and forward
collision, autonomous emergency braking, and many other active safety features. These ... Show
more content on Helpwriting.net ...
This vehicle requires no steering wheel, gas, or brake pedals, and already has 500,000 miles of test–
driving. It includes an advanced linar, light detection and ranging, sensor system for developing
detailed maps of roads it has traveled on. Google's disadvantages as a competitor all stream from the
outrageous cost of its self–driving car prototype, which is $170,000. Shashua and Aviram do not
believe it could be commercialized at such a price. Also, the mapping system would involve an
immense amount of driving and is extremely unrealistic on a global scale. There is also a possibility
of road construction, changing roads and highways making the memory saved in the systems
inaccurate for the mapping system used by Google. In addition, Shashua and Aviram believe that it
is not to Google's advantage to attempt such huge leaps into the future so soon. Lastly, the other
potential competition that could challenge Mobileye would be OmniVision. This company develops
digital–imaging solutions for a multitude of markets besides automotive, including entertainment,
medical imaging, PC cameras, mobile phones, and security and surveillance. OmniVision has
technology such as a 360 degree view, lane change detection, and autonomous driving. The
technology used in those various devices could be applied to visual processing for ADAS's, along
with radar and lidar. An advantage OmniVision possesses is that it has the basic
... Get more on HelpWriting.net ...
19. Porter's Five Forces Model
3. Please apply Porter's Five Forces model to the steel industry. propose whether you think the steel
industry is attractive industry or not an attractive industry.
The first force is competition in the industry and competition between firms in the steel industry is
very high. There is intense competition at both the domestic and global level. In order for a firm to
be profitable in the steel making industry, production levels need to be high, capacity levels need to
be high, and workers have to use resources and inputs efficiently. Price and demand contribute to
the high level of competition in the industry. There is a relatively weak demand for steel products in
the U.S. when compared to years prior to the recession of 2008. There ... Show more content on
Helpwriting.net ...
357). China is a primary source of competition on the global level but there are also two major
competitors in the U.S. – ArcelorMittal USA and U.S. Steel. According to the text, "Consolidation
of the industry into a smaller number of larger and more efficient steel producers had heightened
competitive pressures for Nucor and most other steelmakers," both ArcelorMittal and U.S. Steel are
large companies and have their own competitive advantages and disadvantages when compared to
Nucor (p. 359). The relatively small number of firms competing domestically and unfair trade
practices abroad has created an intensely competitive environment in the industry. Each force has a
high ability to impact profitability.
The potential threat of new entrants in the industry is a low threat. The most significant barrier to
entry into the industry is the enormous capital requirement needed to build or purchase production
plants. There are also various regulations imposed by the government (in the U.S. at least) in terms
of environmental regulations, labor regulations for an industry with jobs that are potentially
hazardous among other regulations the government imposes on firms in the industry. There is also a
learning curve to producing steel products and meeting specific requirements of customers so a new
entrant would either have to pay
... Get more on HelpWriting.net ...
20. Essentials of Marketing: a Marketing Strategy Planning
Chapter 03
Evaluating Opportunities in the Changing Marketing Environment
True / False Questions
1. The marketing manager can control the variables in the marketing environment.
True False
2. Company objectives should shape the direction and operation of the whole business.
True False
3. Earning a profit probably should be one of the objectives of a firm, but it should not be the only
one.
True False
4. A mission statement sets out the organization 's basic purpose for being.
True False
5. A mission statement can help a manager decide which opportunities to pursue and which to
screen out.
True False
6. A mission statement sets out the strengths and weaknesses of ... Show more content on
Helpwriting.net ...
Technical skills and equipment affect how an economy 's resources are converted to output.
True False
31. Interest rates usually decrease during periods of inflation.
True False
32. Compared to some countries in Latin America, the rate of inflation in the U.S. is low.
True False
33. Technology is the application of science to convert an economy 's resources to output.
True False
21. 34. Technology affects marketing through new products and new processes.
True False
35. Technological advances like the World Wide Web and the Internet are leading to big advances in
business.
True False
36. Changes in technology can have major impacts on marketing strategy planning.
True False
37. Technology provides new opportunities and new challenges for marketers.
True False
38. Placing the interests of individual consumers before the interests of business is nationalism.
True False
39. Nationalism––or the emphasis on a country 's interests before anything else––may affect the
work of some marketing managers.
True False
40. Regional groupings of nations outside the United States have little effect on the decisions of
marketing managers whose firms are headquartered in the U.S.
True False
41. Strong sentiments of nationalism facilitate growth in importing and exporting.
True False
42. Marketers no longer encounter
... Get more on HelpWriting.net ...
22. Taking a Look at Marico Egypt
Competition review: There are many competitors in this product category that will compete with the
company's product by 2050 and may threaten the product's process and use this technology before
the company. One of these competitors is Procter and gamble which has a high market share in
Egypt; 67% of Procter and gamble business in Near East markets; Egypt, Lebanon, Jordan and Iraq.
They took the 12 original–million–pound investment to the present amount of 1.25 billion Egyptian
pounds. The development of Procter and gamble and its production level have been enormous; the
company today supervises a portfolio of 14 brands. Procter and gamble have some strengths and
weaknesses, the strengths they have is that they have over 300 brands all over the world which are
existing in 180 countries, over than 125000 employees in P&G all over the world, it has 24 brands
which have sales every year over the billion dollars, due to outstanding marketing and advertising
their brands have high recall and finally they participated in important sporting events as sponsors.
There are also some weaknesses and one of them is that many false products are on sale under their
brand names, also their products have a high competition from international brands. There is also
another competitor that will compete with the company on this product which is Marico Egypt and
its market share is also high in Egypt; Marico's launched in Egypt in 2006–07, when it obtained the
local hair care
... Get more on HelpWriting.net ...
23. Market Potential And Target Customer For Our Organization
Market Potential 6. Clearly define the market potential you will be estimating. In other words, you
will be calculating the annual expenditures of which group of potential customers on what product
or service? Virtually Invited designs AR components into promotional material such as invitations
and will be targeting event planning companies. What these companies have in common is they
provide a service in which could potentially utilizes our services in a larger scale than individuals.
Event planning companies would be the target customer for our organization. Targeting event
planners allow for a greater market potential considering these companies host multiple events a
year at a much larger scale than an individual. They also need quality promotional material to garner
the highest turnout in order to garner a return on investment. AR is a great way to help keep track of
how many potential guest have not just seen but engaged with the promotional material. It is also a
great tool for planners to merge technologies and include a link to register for the event quickly and
easily. 7. List all the relevant data you have gathered indicating the sources (If the information is
extensive, attach the list of sources as an appendix) 8. Clearly explain any calculations or logic
involved in estimating the market potential, and indicate the dollar value of your estimate. A
medium event of around 300–500 guests would start at around $50,000("How to Start an Event
Planning Service,"
... Get more on HelpWriting.net ...
24. Target Markets : A Target Market
5.3 Our Target Markets We have segmented our markets by living arrangements (dormitories or off–
campus), year of study and by country of origin. Our research showed that students living in
dormitories that are going out of province for their summer vacation in first and second year are our
most attractive markets. Some of these students remain attractive in later years as secondary targets.
Figure 8 illustrates our target markets by year of study and place of domicile. 5.3.1 Primary Target
Market Our primary target markets are ranked 1 and 2 in the scoring matrix. They will be first–year
students who live outside Ontario with their family – either internationally or in another province.
This same group will continue to be a primary target market as they graduate to second–year but
will no longer be a primary target as they graduate into third–year. The total size of these four
groups is: 2,562 international, out of province, first, and second–year students. 5.3.2 Secondary
Target Market Our secondary focus markets are ranked 3 and 4 in the scoring matrix. These groups
will include students who live in Ontario outside the immediate geographic region of London. It will
also include international students as they graduate into their third year of studies. In our first
forecast year, this cohort comprises 12,063 students. 5.4 Sources of Information – How Students
Research Storage Options We asked each respondent to identify one or more of the following
channels that they
... Get more on HelpWriting.net ...
25. Evaluation Of The Video Discussion
This was a very interesting simulation. As mentioned in the Flipchat video discussion, I have done
several other simulations during my undergrad schooling. Compared to this simulation they were
based in the financial realm focused on stocks and bonds. However, they all share a similar aspect in
regards that their ultimate goal to maximize profit. Ultimately I ended up doing three different runs
through the simulation that each had unique results. My best results showed a profit of $37.5 million
and a market share of just under 50% for the state of Florida. During my first run through of the
simulations I had simple strategy which was to mimic the prices of the competition. I matched the
prices of competitor for both weekend and weekday ... Show more content on Helpwriting.net ...
However, at the same time I believed that because there was only a little gap in market share, the
reputation of Universal was greater than its competition and the price difference was the reason for
the market share gap. Therefore, I lowered the prices to be comparative to the competitor and my
theory was correct and the market share flipped and Universal gained more as the months
progressed. This process is what I would implement on a larger scale in my second simulation run.
Throughout my second run in the simulation I altered my strategy to have my prices lower then
competition and it backfired greatly on me. My thought process for this was that having lower
prices would definitely raise market share as consumers would chose the cheaper costs. At the same
time I envisioned the drop in prices would result in more consumers switching companies and
renting from Universal, but I was wrong. The results of this simulation ended with a loss of over $11
million but a market share of over 50%. My error for this simulation was that I relied too much on
lowering prices. In the first simulation the last three months were the competition increased their
prices and there were no change to universal resulted in losses of profits. I took that as not adjusting
the prices and not that my prices were too low. However, after the second simulation
... Get more on HelpWriting.net ...
26. Determining The Optimal Price For The Uricap Products
Pricing
To determine the optimal prices for the UriCap products, the team used competitive pricing, both
indirect and direct, custom willingness –to–pay, cost plus pricing based on distribution channel
partner needs, and economic value analysis. Direct competitor pricing, which was only applicable to
the UriCap–M product, was determine through secondary research. On the other hand, primary
research was used to determine indirect competitor, or substitute, pricing. A combination of primary
research and secondary research was used during economic value analysis while customer
willingness–to–pay (WTP) was determined through an online survey.
Willingness–to–Pay
To better understand customer's willingness–to–pay, a survey was developed and given to hospital
and nursing home professionals who had some knowledge of the cost of care. Since most care
givers are removed from the financial side of the business, it proved rather difficult to find
participants willing to take the survey. With that said, ten professionals completed the survey which,
along with the results, can be seen in their entirety in the Appendix and provided spreadsheet.
The survey contained two sets of questions. The first set was designed to gain and understand of
what the customers thought they were currently paying for urinary incontinence care. This included
the actual cost of diaper and catheters, as well as secondary costs such as the cost of nurse/care giver
time and the cost of infection/bedsore
... Get more on HelpWriting.net ...
27. Legalization of Doping in Professional Sports
The incident of Ben Johnson's steroid disgrace during the Olympics of 1988 was not the genesis of
drug use in sport. The use of performance improving drugs has a history with research indicating
cases dating back to the creation of Olympic Games. Doping has shaken most, if not all of the sports
competitions today. A lot of winners in various sport categories have been stripped their medals due
positive elements of drug and substances in their blood or urine during tests. Sportsmen and women
have been subjected to drug test frequently with those having positive results getting disqualified
from competing.
There are various types of doping drugs in sport which include; Steroids, body development
hormone, stimulants, blood doping for increased performance in competition. Performance
enhancing drugs has a huge market in the world with billions of dollars in flow.
Proponents of drug ban have enough reasons to support their course, with most of them pointing at;
reverence for guidelines of sport, acknowledgement that ordinary abilities and their aptness are the
argument of sports, and the vision of an arms race in physical performance. Performance
augmenting tablets have the influence to overcome variances in ordinary abilities and the inclination
to expense and endure in the pursuit to effect those aptitudes. For the worth of sport they contend,
there must be a level playing ground for all competitors. The use of drugs can lead to loss of what
has been achieved in sports for
... Get more on HelpWriting.net ...
28. Porter's Five Forces : Barnes And Noble
Porter's Five Forces: Barnes & Noble "Competition is not only the basis of protection to the
consumer, but is the incentive to progress" – Herbert Hoover. The environments that today's firms
operate in are not static. The competitive environment they are operating in is constantly changing
due to the entry or exit of competitors, changing technology and the demands of consumers. In order
to maintain their market share and profitability, firms must continually assess and evaluate their
competitive environment. Evaluating the various market forces firms' face, and their effect on the
competitive market ensures that an organization retains a proactive stance to the competitive
environment. Instead of just accepting the status quo, organizations that actively examine and
analyze their environment can then make choices and develop strategies that take advantage of the
competitive situation or affect it to the firm's benefit. This proactive stance to the market allows
organizations to create value and position themselves for long term success. Firms that do not
remain proactive and continually scan the competitive environment run the risk of being blindsided
by innovation in the environment or significant changes undertaken by the competition. Porter's
Five–Forces Model of Industry Competition is the most widely utilized tool to evaluate the
competitive environment (Dess, Lumpkin, Eisner, & McNamara, 2014). Dess, Lumpkin, Eisner &
McNamara (2014) define Porter's model
... Get more on HelpWriting.net ...
29. The Dance Debate: Is it a Sport?
People are always debating whether dance is a sport or not. Some sources say dance is indeed a
sport while others say dance is not. This debate has gone on for quite some time. Both dancers and
athletes train almost everyday and either compete or go to games to win. Sources say if dance is
competed in a competitive setting it is considered a sport. If dancing is not competed at a
competition dance is just considered a hobby. Dancers and athletes train equally as hard and are
both dedicated to what they do. Dance contains similarities to sports, causes of injuries, and the art
of performing.
A sport is an activity involving physical exertion and skill in which an individual or team competes
against another or others for entertainment. Some popular sports include football, baseball,
basketball, and soccer. Sports involve extended periods of training by athletes who are seriously
committed to improving their skills. Torrell Mills says, "Dance is a sport because of the physical
activity for long periods of time. It really requires control of intensity for set periods of time and
that's something even the best athletes can't do" (1). Both dance and sports require a person to strain
their body to its maximum capacity in order to achieve success in his or her activity. Dance should
be considered a sport if what makes it a sport is determined by the effect it has on one's body
(Martin 2).
The injuries between athletes and dancers are very analogous. Dancers and athletes both
... Get more on HelpWriting.net ...
30. Business Will Be A Limited Liability Company
Executive Summary
Our business will be a Limited Liability Company.
Vision
Our vision is to be one of the top creperies in the New York metropolitan area, to spread the
message of health conscious eating, and to spread our crepe style to as many places as possible.
Mission Statement
Ridiculous Crêpes will be a local café–creperie based in New Rochelle, New York focusing on
sustainable business practices. Our mission is to offer savory and sweet crepes to diverse
communities and surrounding towns, with a wide variety of crepe fillings to satisfy any appetite. We
also strive to use fresh, seasonal, and organic ingredients in our products to promote the health and
well–being of our customers.
Situation Analysis
Environment Issues ... Show more content on Helpwriting.net ...
The lower the unemployment rate is, the higher the labor cost will be. However, low unemployment
may also increase discretionary consumer spending which will lead to sufficient sales to keep the
business going.
In New Rochelle the tax rate is about 7.38% which is higher than the average rate in the U.S. Higher
tax rates may cause low wages and higher prices.
Technological Environment
The technological advances will have a minimal impact on Ridiculous Crepes, because the food
products will not be complex. However, the use of technology will enable and enhance most of the
company's operations. For example, the use of internet will not only provide an additional venue for
sales, but it will also facilitate the communication with manufacturers' agents and channel members,
the internet will also expedite the process of delivery or orders.
Political and legal Environment
We must have the license and permit to operate our business. Since our creperie is based on
sustainable business practices, we must be certified by the Green Business Bureau of New York. In
addition, because Ridiculous Crepes is advertised to be healthy and made with organic ingredients,
31. all our products must be organic USDA Certified Ingredients. Health laws require to display calorie
data on our menu.
There are numerous laws that are specific to New York of which we must always be aware. Any
future claims
... Get more on HelpWriting.net ...
32. Administered Prices and Open Market Prices
TOPIC: ADMINISTERED PRICES AND OPEN MARKET PRICES: ANALYSE WITH THE
HELP OF CONSUMER BEHAVIOUR.
SUBMITTED TO:
MR.MANDEEP SINGH SUBMITTED BY: SABA MASOD ROLL NO: B43 Sec :–sm1001 Index
1.Introduction
2. Review of literature
3. Administered price and consumer behaviour.
4. Open market price and consumer behaviour. 5. Alternative price ... Show more content on
Helpwriting.net ...
Without it, a panel of experts set up to 'rationalise production', likely closely linked to the cobblers
for expertise, would tend to support the cobblers interests in a 'conspiracy against the public'. If this
happens to all industries however, everyone would be worse off than if they had been subject to the
rigours of competition (economics).
INTRODUCTION OF CONSUMER BEHAVIOUR
Consumer behavior is "The study of individuals, groups, or organizations and the processes they use
to select, secure, use, and dispose of products, services, experiences, or ideas to satisfy needs and
the impacts that these processes have on the consumer and society
The study of consumers helps firms and organizations improve their marketing strategies by
understanding issues such as how
The psychology of how consumers think, feel, reason, and select between different alternatives (e.g.,
brands, products, and retailers);
The psychology of how the consumer is influenced by his or her environment (e.g., culture, family,
signs, media);
The behavior of consumers while shopping or making other marketing decisions;
Limitations in consumer knowledge or information processing abilities influence decisions and
marketing outcome;
How consumer motivation and decision strategies differ between products that differ in their level
of importance or interest that they entail for the
... Get more on HelpWriting.net ...
33. The Foods Private Limited Is An Indian Based Rice...
Ferozepur Foods Private Limited is an Indian based rice manufacturing, exporting and trading
company. It was founded by Mr. Brij Bhushan Mittal's family in 1994 with a production capacity of
18 Metric ton per day which is now 200 Metric ton per day. Today the company accords ISO–9001–
2008, HACCP (Hazard Analysis and Critical Control Points), GMP (Goods Manufacturing
Practices) and many more. Today the company exports its manufactured rice to various countries
like USA, UK, Dubai, Saudi Arabia, Italy and a lot more countries. With the increasing demand of
rice from various countries the company is building up a new plant with a capacity of manufacturing
400 Metric Ton rice per day.
Company's Ability to compete on analytics
Since the rice can be purchased in the months of October to December, that is for the time period of
only 3 months and rice is to be stocked for the year all production the company analyzes its
requirement in advance and stocks the rice for the complete year. They also check the efficiency and
other handling costs before purchasing the rice from the farmers. The employees are doing
everything efficiently to maintain the quality of the product and achieve the operational excellence.
Company's Pillars of Analytics Competition "Analytics can support any business process."
The company follows its own strategic policies which would support the company to grow. Since
Ferozepur Foods Private limited mainly exports its variety of rice it maintains its
... Get more on HelpWriting.net ...
34. The Marketers Do Not Target Consumer Behaviour Data And...
Those who enjoy the sport of basketball or fashion prefer various types of footwear and therefore
are the major consumers. For instance, brand loyalty such as Nike, Jordan, Adidas, and athlete
endorsements influence a buyer's decision. The marketers do not target individuals who dislike
basketball, and people who are above or below the age of the target market. As a result, it is a source
of opportunity because it introduces a product line such as socks, insoles, and cleaning spray for
consumers outside of the target market. Furthermore, in terms of gaining an understanding of
consumers, secondary and primary data can be collected. Firstly, syndicated data such as the Bureau
of Broadcasting Measurement and Yankelovich can be purchased to gain information on consumer
behaviour data and monitoring consumer attitudes, values, and lifestyles ( Grewal et al., 2015,
p.214), Survey research can be conducted ( Grewal et al., 2015, p.225–7). Panel data can be
collected to understand consumption from buyers versus non–buyers, as it shows a picture of
purchase records over time (Grewal et al., 2015, p.215–6). Surveys and or questionnaires are
composed by randomly assigning ten individuals from various age groups, and asking them
unstructured questions about their likes and dislikes. For instance, "do you like watching or playing
sports?" or "basketball", to understand them in more detail we would also ask about brand names,
what types of shoes they wear , casual, formal , etc.
... Get more on HelpWriting.net ...
35. The & S International ( Uk ) Ltd
S&S international(UK)Ltd opened for business in 2010, and is managed by an experienced team
that is focused on working efficiently – keeping costs low so that customers enjoy reliable trade
products at unbeatable prices.
Industry–leading customer, Warehousing and supply systems mean that, while maintaining rapid
growth, S&S International(UK)Ltd continues to meet its promise to thousands of customers across
the UK.
As company registered at 31AAlbion Mills, Albion Road, Greengates, Bradford,West Yorkshire,
BD10 9TQ (Company No.07505653). When you place an order with us, we will do business with
you under 16 regular terms.
As company providing different payment method and also providing free delivery with in UK and
as fast as in other ... Show more content on Helpwriting.net ...
You can always check the latest prices here on the web. We always quote prices excluding VAT.
Service :
Our aim is to provide you with the best service at all times. Our 100% Ex–stock means that our
warehouse holds all the products, we never ship directly from manufacturers. In the unlikely event
that things don 't quite go to plan, simply call our dedicated team on 01274299295 who will ensure
things are put right quickly.
Quality and satisfaction:
Products are sourced from around the world and checked every time for quality and value. In aiming
to fulfil our 100% Ex–Stock promise, from time to time we may have to substitute particular
products with alternatives of an equal or higher value. This means that items supplied may
occasionally differ in detail from their online image. All products are guaranteed for 3 months from
the day of purchase, and many are branded products which carry an extended manufacturer's
warranty. You can return any unused item to us within 30 days of receipt, for a full refund. Simply
send it to us in its original packaging or call our Customer services team for advice. Our terms
exclude the collection of unwanted goods.
Vision of S&S international : we aim to trade in a fair and reasonable manner. Our overriding
concern is to provide you with a service that you will want to use again and again. From time to
time things may not quite go to plan, or we may
... Get more on HelpWriting.net ...
36. Swot Analysis Of Kresta Holdings Ltd
a. History of company
Kresta Holdings Ltd has been operating for the last 40 years in manufacturing window coverings.
They are one of the largest manufacturers of window coverings both in Australia and New Zealand
(Kresta 2014). There have been several former names that had been used by Kresta Holdings Ltd.
The first former name was Wyper Howard Holdings Ltd, which was used until January 1959. Then,
they changed it to Vox Adeon Howard Holdings Ltd from January 1959 to January 1977. However,
they might be not satisfied with the company name, that is why they changed it to Vox Adeon
Holdings Ltd in January 1977 to December 1988. After that, the name was changed again into Vox
Ltd and it lasted for approximately 6 years. The last former name before becoming Kresta Holdings
Ltd was VA Holdings Ltd that was only lasted for almost 2 years and the current name has not been
replaced from November 1996 until present (InvestoGain Australia 2014).
b. Company Major Activities
The main activities of Kresta Holdings Ltd are dealing with retailing window treatments,
manufacturing as well as wholesaling of blind components such as curtains fabrication and textile
weaving and coating (ASX 2014). The manufacturing and procurement activity are essentially
taking place in Western Australia and retail to outlets located across Australia and New Zealand.
Kresta Holdings Ltd has several brands underneath include Kresta Blinds, Curtain Wonderland,
Vista Window Coverings, and Ace of Shades
... Get more on HelpWriting.net ...
37. Relationship Between Perfectionism And Team Performance
Identification of the study
The research study employs a qualitative method of data collection to get a glimpse of the behaviors
of the phenomenon under investigation. The study relied heavily on observation, filling out of
questionnaires, and stated behaviors of the participants on a voluntary basis. In addition, it was
utilized to achieve an intensive understanding of the relationship between perfectionism and team
performance in sport. The method was advantageous in that it is purely aimed at the participant's
individual class of meaning, thereby providing a better understanding of personal experiences of the
phenomena while at the same time describing in rich details how the phenomena are embedded and
situated in different contexts. ... Show more content on Helpwriting.net ...
The study tended to consider the team level for the theoretical meaning of perfectionism when
transposed.
According to the article, few researches have investigated the relationship of perfectionism
performance in sport. For instance, Stoeber argues that researches have not conducted the study on
perfectionism in sports in single units. Thus, the present study aimed at investigating its influence in
romantic couples.
Primary question(s) posed by the researcher(s).
The primary question posed by the researcher is how to evaluate the relationship between
perfectionism and team performance in sports. The study is aimed at investigating how other–
oriented, self–oriented and socially prescribed perfectionism influenced performance of the team
while competing in sports. Adapting Hewitt and Flett, a change was anticipated in both team–
oriented and other–oriented perfectionism while self–oriented was expected to remain the same.
Primary Questions
How does perfectionism influence team performance in sports?
Hypotheses
H1o. No relationship between team performance and perfectionism
H1a. A relationship exists between performance and perfectionism
Variables measured by the authors measured to complete the study
The study employed rowers and boats in a competition. The research used a design of correlation
where perfectionism of the rowers was measured before the competition began while the
measurement of team performance took place during the entire period of competition.
... Get more on HelpWriting.net ...
38. Analysis Thomas Hobbes's Claim "A State of Nature Is, or...
Thomas Hobbes argues that a state of nature will eventually become a state of war of everyone
against everyone. According the Hobbes, the main reason behind this change will be the harsh
competition over scarce resources caused by the nature of man. Through out this essay Hobbes's
reasons will be explained in greater detail. In order to truly understand the logic behind Hobbes's
claim, we must first understand his point of view of human nature. The key element in Hobbes's
view on human nature was the importance of desires. Unlike many other philosophers such as Plato
and Aristotle, Hobbes had a different approach to desires. He believed desires were real motive
behind human behaviors. (Leviathan, p119) What motivated human actions were ... Show more
content on Helpwriting.net ...
Once again such a pattern of thinking will eventually lead up to a state of war. Having explained the
reason behind Thomas Hobbes's argument we can much accurately analyze his claim. Over all
Thomas Hobbes has made a well put argument. His argument that human behavior is driven by
desires is a realistic look to human nature. Simply by looking at today's world it is possible to see
the consumption being made by human beings. As Thomas Hobbes says there is no complete
satisfaction us humans. As soon as human beings acquire something desired, it suddenly does not
seem to be enough and we set our eyes on something new. It can be agreed that desire is a positive
thing for human race. If it weren't for our endless desire, could we still have achieved so much in the
field of science? Answer would probably be no. Humans have come a long way since our ancestors
thanks to our endless desires. It can also be agreed on the point where Hobbes argues that this desire
blinds us so much that we are willing to do anything to fulfill it. Even in today's so called civilized
world of laws and authorities, it is surprising how much corruption and damage is made in the sake
of having more and more. The reason most people obey the laws is no more than the fear of being
caught and facing dire consequences. Thinking, if there were no laws to
... Get more on HelpWriting.net ...
39. Sega Enterprises Ltd V. Accolade Inc.
Sega Enterprises Ltd v. Accolade Inc. In the year 1989, Sega Enterprises Ltd released Sega Genesis
and the game had decent security checks which allowed only the licensed games by the publisher to
play on the console. However, Accolade Inc. released their games into market which could be
played on Sega's console. Accolade had to take license from Sega and pay them some fee for
licensing, but that would increase the overall cost of their game making it impractical to market it at
such overhead charges. So, Accolade decompiled the game of Sega Genesis and re–engineered the
code in a way that it could disable the security locks on the Genesis. Sega as a counter measure
introduced the TMSS (Trademark Security System) on their then latest version Genesis III, which
would scan for and display their trademark on the game before playing. Accolade responded to this
change by identifying the TMSS file and adding it to their games. The first lawsuit was filed by the
Sega Enterprises Ltd against Accolade Inc. on the grounds of trademark infringement and false
designation of origin in violation of sections 32(1) and 43(a) of the Lanham Act (1946). Later Sega
even added copyright infringement to the existing case. Accolade counter acted by filing case
against Sega under section 43(a) of the Lanham Act (1946). At the District Court level Sega won the
lawsuit, but Accolade took the case to the next level by appealing the case at the Ninth Circuit of
U.S. Court of Appeals. Accolade won
... Get more on HelpWriting.net ...
40. Competitive Advantage Of Designer Directory
Competitive advantage
Designer Directory
The RealReal has a designer directory, which is a list of brands they accept to do the consignment
service. For each category, they have specific restrictions. For example, they only accept women
items less than 10 years old and men items less than 5 years old. The restricted brand list make The
RealReal different from other consignment stores, putting more focus on high–end brands and
targeting people who eager for the luxury goods they feel pressured to afford, but not people just
wanna seek for goods in lower prices.
Consigning process
"Everyone is so busy today and The RealReal's goal is to make it easy to sell your luxury items."
The RealReal claims that they make consigning effortless, ... Show more content on Helpwriting.net
...
Every photos they posted online is high–definition that you can see every small scratches and
wrinkles. For instance, buyers are even able to see some ash on the shoe sole.
In order to give consignors the most joyful resale experience, The RealReal's consigning process not
only save consignors' precious time, but also help them take care of their goods. For buyers, The
RealReal guarantees the authenticity and quality of the second–hand goods, preventing them from
being treated by other unprofessional consignment stores. What's more, every clothes are steamed
and every pair of shoes are brushed before they are shipped to buyers.
The company's full services strategy, including product pickup and distribution, authenticity process
and information exposure, has helped to differentiate the site from several competitors and could
even potentially eat away at other competitors' revenues in future.
RealBook Luxury resale book
Besides its shopping app, The RealReal has released another app called The RealBook, which is a
huge advancement for those looking to become smart, savvy shoppers in a digital age. RealBook
offers evaluation of specific luxury goods by compiling and analyzing data from past purchases on
the site. Much of the information seems fairly intuitive. For example, Chanel, Hermès and Christian
Louboutin hold value the longest, with Gucci and Louis Vuitton trailing close behind. Cartier, David
Yurman and Van Cleef and Arpels
... Get more on HelpWriting.net ...
41. What Is Sears Porter's Five Forces Model
Five Forces Model Industry competitors, First, Sears Holdings is in highly competitive retail
markets, both with their Sears and Kmart stores. Their industry competitors consist of companies
who compete with every aspect of their store such as Big Lots, Walmart, and Target in relation to
Kmart and then J. C. Penney in relation to Sears. Majority of the loss of sales and abundance of
unprofitable stores has been due to losing out to the competition in this highly competitive retail
industry. While Sears Holdings has been having nothing short of a disaster with their revenues
declining, their competitors in general to the ones listed, have maintained and grown in regards of
revenue for the past three–year span. The external environment, for ... Show more content on
Helpwriting.net ...
Sears Holdings had the unique value created by having these proprietary brands, like they had with
Craftsman Tools and they still have with Kenmore appliances. Sears Holdings has already had to
sale off Craftsman Tools and they plan to sale Kenmore in the future. Sears has already lost some of
this value of the name brand Kenmore due to agreeing with a deal with Amazon to sell Kenmore
appliances in select regions. This is a mistake Sears Holdings is making in regards to having a
respectable name brand appliance that creates a unique value. Amazon is a top competitor with all
retail companies, and the retail marketplace is somewhere that unique value is not found. To lose the
status as unique retailer of Kenmore appliances is a mistake, especially to a company such as
... Get more on HelpWriting.net ...
42. The Management Of Lenovo : Strategic Alignment Of Its...
Introduction and Background Not only is the global business environment competitive, it requires
developing appropriate strategies to guarantee profitability and breaking–even. Lenovo has adopted
strategic alignment of its environment and in improving its competitiveness in the technology sector.
Headquartered in Beijing, China, it has with offices in Morrisville, North Carolina in the US and
other regions globally. Founded in 1984, Lenovo is one of the largest and fastest growing vendors of
personal computers (PCs) globally and ranked third in providing "Smart Connected Devices." This
report examines strategic realignment and associated changes in Lenovo aimed to enhance its
competitiveness globally. Strategic Analysis Micro–environmental analysis An organization's
microenvironment entails the immediate factors affecting it capability of serving customers
sufficiently and involves suppliers, customers, dealers, distributors and creditors (Nieuwenhuizen
and Erasmus, 2007). The management can control microenvironment by formulating and
implementing relevant strategies. The influence of suppliers, employees and customers apply in
Lenovo. Employees are critical success–determining factor and need to be hardworking and
motivated. The management of Lenovo gives priority to recruiting hardworking, inventive,
innovative and self–motivated personnel to attain its mission. The relevance of suppliers is
significant and Lenovo is keen on the raw material necessary. The suppliers are
... Get more on HelpWriting.net ...
43. The Bargaining Power of Buyers in the Aerospace & Defense...
Kelly Mann ECN 2020–84250 Competitive Forces Paper December 6, 2010 The Bargaining Power
of Buyers in the Aerospace & Defense Industry The United States aerospace and defense
industry is the largest of its type in the world. In 2009, United Press International, Inc. reports the
aerospace and defense industry achieved a record $700 billion in spending. The defense market has
experienced significant economic growth over the last decade due to large U.S. security spending in
hopes to impact or end the global war on terrorism. The 9/11 attacks on the U.S. increased demand
in the defense market while causing a decline in the airline industry. Airlines have suffered due to
new security guidelines and a downturn in the ... Show more content on Helpwriting.net ...
Zakheim and Kadish explain two decades ago, there were more than twenty prime contractors
competing for defense contracts while today the government relies on just six contractors to build its
defense systems. Zakheim and Kadish state, "The system largely forgoes competition on price,
delivery and performance and replaces it with a kind of "design bureau" competition". The report
explains that firms such as Boeing and Lockheed Martin have operated in collaboration on several
projects such as the Air Force's next generation bomber (Zakheim & Kadish, 2008).
Collaboration of this nature suggests cooperative equilibrium between the firms to enhance their
mutual payoff of outbidding competitors. With the defense market on the downturn pending major
budget cuts over the next several years, more collaboration strategies are possible for firms to
remain competitive. The existing procurement system encourages bargaining among the government
and bidding firms. When budgets are allocated generously, demand is high and firms can set their
prices higher. Budget cuts decrease demand and increase bargaining between buyer and seller.
Security Industry reports budget deficits subject contracts to greater 3|Page scrutiny and tougher
negotiations making contracts more difficult to obtain in the coming years (Security Industry, 2010).
Defense firms are at the mercy of the defense budget. In times when the budget is maximized and
demand increases,
... Get more on HelpWriting.net ...