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In business, threat of substitutes always can negatively impact sales and profit when there are alternative gaming options (mobile games) at a lower price. Lower price increases demand along the law of demand. If PC game availability increased during a period where demand for old EA games is low, it would lead to an EA game surplus and the company would not be able to offset the costs of manufacture when consumers are not demanding these products. At the same time, lower-priced mobile games are more attractive to consumers when referencing the law of demand and it is likely that many consumer segments would turn toward mobile gaming as an alternative. As a result, sales and revenues would decline and profit would be reduced as EA attempted to offset production costs for increasing supply of PC games that are not selling.
Marketing theory indicates that consumers are drawn to innovations such as the Xbox One and PlayStation 4. Even though demand is less than expected for these innovative products, as a matter of high pricing, consumers are not interested in older consoles such as the PS3. The PS3 and the Xbox 360 are entering a decline stage along the product life cycle which will, long-term, increase sales of the new gaming consoles. It is likely when price declines on the new consoles that consumers will begin demanding these new innovations in higher
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In terms of barrels, stocks piled up to 147.6 million, an increase of 3.99 million. The article further states that demand for heating oil and diesel went down by 3.28 million barrels a day and in percentage terms the demand went down by 2.2 percent when compared with the similar period a year before.
Both these countries have been paying considerable attention to this worrisome issue. The striking rise in the annual national healthcare exchequer borne by the government is becoming a burden in these harsh economic times. In order to curtail these expenses and promote a healthier living amongst citizens, both countries are developing policies that would curb the intake of hazardous food.
The dependent variable used in the study includes managing disruptions in students’ behaviour, the bonus-point delivery, and prompting appropriate behavior whereas the independent variable includes prompting,
The first article to be covered is by Curry (2006) as it appeared in the Dallas Business Journal. The article first highlights the difficulty in employee retention at T.G.I.Fridays which is a division of
Collins persuades the audience to read the article by providing examples of the GOP candidates who favor the late night shows. The effectiveness of Scott’s examples is demonstrated by the use of Mitt Romney who has failed to attend
The new restrictions indicate that beginning August 2012, all large ships travelling within 200 miles of the Canadian and United States coasts will be required to burn cleaner fuel. It is predicted that the new restrictions will phase out
ctors such as dialing a cell phone and holding the cell phone while driving, are the major causes of driving disruptions, hence they are the major contributing factors to accidents arising from driving while using cellular phone (Strayer & Jonson, 2001). On the other hand, the
The recent trend of global oil prices and the reaction of the U.A.E. government in recent times are however not following the conventional equilibrium theory of demand and supply. In a recent article that has been published in Gulf News states that the global
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