StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Comment To Peer Response Dq1 AND dQ2jb - Essay Example

Comments (0) Cite this document
Summary
I agree with you that forming a partnership with an established company such as Quick Loans is a great way for a mortgage company to establish a profitable business. Collaboration and flexibility are two advantages of partnerships (Referenceforbusiness, 2012). A company like…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER92.9% of users find it useful
Comment To Peer Response Dq1 AND dQ2jb
Read TextPreview

Extract of sample "Comment To Peer Response Dq1 AND dQ2jb"

DQ1- I agree with you that forming a partnership with an established company such as Quick Loans is a great way for a mortgage company to establish a profitable business. Collaboration and flexibility are two advantages of partnerships (Referenceforbusiness, 2012). A company like Quicken Loans has an established reputation and brand value that attracts a lot of business without the need of over spending in advertising expenses. I also agree with your statement that barriers of entry can help a company build a competitive advantage. A barrier of entry limits the amount of companies that can enter a marketplace (Varian, 2003). A branding strategy is build through the passage of times by investing in marketing and public relations initiatives. It takes time to build a brand value. Coca-Cola has tremendous brand value because it has been in existence for over 100 years. Two factors that help develop a brand strategy are effective communications with stakeholder groups and effective use of distribution channels (Williams, 2012).
DQ2
Diversifying is a great strategy to remain competitive during tough economic times. Companies with greater product variety will attract more customers. I agree with you that diversifying can help boost profits. Two types of diversification strategies are related and unrelated diversification (Scribd, 2012). A second strategy that you mentioned in your response was mergers and acquisitions. Mergers and acquisitions help companies increase their market share in an industry. Some of the benefits of mergers and acquisitions include access to new market segments, new innovation opportunities, access to new revenue streams, and maximization of return on investment (Frost). I also liked your idea of seeking expansion by taking advantage of the internet. Customers are purchasing more goods and services online than in the past. In 2011 the e-commerce sales in the United States reach $188.1 billion (Plunkettresearchonline, 2012). Some of the most successful online businesses are EBay, Amazon, and Facebook.
References
Frost.com. Mergers & Acquisitions: Benefits. Retrieved May 4, 2012 from http://www.frost.com/prod/servlet/our-services-page.pag?mode=open&sid=195824349
Referenceforbusiness.com (2012). Partnership. Retrieved May 4, 2012 from http://www.referenceforbusiness.com/small/Op-Qu/Partnership.html
Plunkettresearchonline.com (2012). E-commerce & Internet Business Overview. Retrieved May 4, 2012 from http://www.plunkettresearchonline.com/ResearchCenter/Statistics/display.aspx?Industry=14
Scribd.com (2012). Diversification. Retrieved May 4, 2012 from http://www.scribd.com/doc/12376024/Advantages-and-Disadvantages-of-Diversification
Varian, H. (2003). Intermediate Economics (6th ed.). New York: W.W. Norton & Company.
Williams, J. (2012). The Basics of Branding. Retrieved May 4, 2012 from http://www.entrepreneur.com/article/77408 Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Comment To Peer Response Dq1 AND dQ2jb Essay Example | Topics and Well Written Essays - 250 words”, n.d.)
Comment To Peer Response Dq1 AND dQ2jb Essay Example | Topics and Well Written Essays - 250 words. Retrieved from https://studentshare.org/management/1596141-comment-to-peer-response-dq1-and-dq2jb
(Comment To Peer Response Dq1 AND dQ2jb Essay Example | Topics and Well Written Essays - 250 Words)
Comment To Peer Response Dq1 AND dQ2jb Essay Example | Topics and Well Written Essays - 250 Words. https://studentshare.org/management/1596141-comment-to-peer-response-dq1-and-dq2jb.
“Comment To Peer Response Dq1 AND dQ2jb Essay Example | Topics and Well Written Essays - 250 Words”, n.d. https://studentshare.org/management/1596141-comment-to-peer-response-dq1-and-dq2jb.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Comment To Peer Response Dq1 AND dQ2jb

E commerce Platforms Conduct to Businesss

11 Pages(2750 words)Admission/Application Essay

Oil Price Rise: A Literature Review of the Causes

10 Pages(2500 words)Essay

The skills/requirements specific to each of the employers

2 Pages(500 words)Essay

W4 Comment on Peer Responses DQ1 AE and DQ2 CC

...by its gross domestic product per capita of $46,300 (CultureGrams, 2011). DQ1 CC: It is always tough when people do not earn enough money to cover their living expenses. Often when people are not able to break even in terms of income and expenses they borrow money from credit cards or loans to survive. The problem with such a strategy is that it is a short term solution. Eventually the person will run out of credit. A lot hard working Americans have gone bankrupt since the recession began in 2008. In 2010 there were over 1.5 million Americans that file bankruptcies (Uscourt, 2010). You mentioned in your response that poor people often rely on governmental assistance. The problem with programs such as...
1 Pages(250 words)Assignment

DQ1 CK and DQ2 DW Comment to peer Response Sec1w9

...DQ1 The example you mentioned about quilts shows the importance of copyright protection. Back in the 19th century people did not believe that copyrights were that important since enforcement of these types of laws were not as rigorous as they are today. “The owner of a copyright has the right to exclude any other person from reproducing, preparing derivative works, distributing, performing, displaying, or using the work covered by copyright for a specific period of time” (Leclaw, 2011). Sometimes certain articles such as quilts do not qualify for copyright protection. Quilts did not qualify for copyright protection because its purpose was functional. I agree with you that quilts are considered a part of woman’s history in America... . There...
1 Pages(250 words)Assignment

LOVE DQ1 and DQ2 Comment To Peer Response

...DQ1 In your response you described accurately the differences between Marvel and Mednet.com. I believe that Mednet.com has the capability of offeringbetter advertising value than Marvel or Cholesterol.com. Online advertising is a rising trend among advertisers. In 2011 the global advertising revenues were estimated at $71 billion (Plunkett Research, 2011). Mednet.com has to do a better job of internally evaluating the value of its advertising services. Quantitative metrics have to be calculated to demonstrate that companies will generate more sales by advertising at Mednet.com. You also mention that one of the marketing goals of the firm is to increase customer traffic. Three of the best ways of turning customer traffic into sales...
1 Pages(250 words)Essay

Response to Peer Comment Reasoning with Economics

...DQ1 The four points you mentioned are very good choices because they depict important metrics that influence economic activity. The gross domestic product is a good indicator of the overall economy because it measures the total output. “It represents the total dollar value of all goods and services produced over a specific time period” (Investopedia, 2007). The U.S. economy bounced back in 2010 after contracting in 2009. The GPD growth of the U.S. in 2009 and 2010 were -1.73% and 3.82% (Countrywatch, 2012). The total employment is very important because jobs provide the citizens of a nation economic stability and prosperity. The U.S unemployment rate rose after the recession of 2008. The U.S. unemployment for February...
1 Pages(250 words)Essay

Opinionated Response to Peer Comment

...Opinionated Response to Peer Comment 5 December The 1940s tax cuts catered to the people’s increasing demand for tax cuts. The study discusses the effects of tax cuts. The study explains the many benefits of the United States government’s 1940s and later years’ Congress-approved tax cuts. The comment stating the benefits have become popular in the United States during the 1940s when the United States Congress passed tax breaks for some business entities is correct. During the middle of the 1940s, the United States residents had a huge rallying cry to reduce the currently very high tax rates. With the implementation of 1940s and 1960s tax reductions, the government required the companies to infuse the tax savings into business... ...
1 Pages(250 words)Essay

Reed Supermarkets: A New Wave of Competitors

5 Pages(1250 words)Essay

Peer Response

...Peer Response al Affiliation Peer Response Response to Post mate The research question which aimed to determine responses from both, employees and employers, regarding possibilities for sustaining addiction or trauma is actually an interesting and relevant topic in contemporary times. It is true that despite a wealth of information available on the subject matter, there still remains vast challenges on preventing addiction or violence that leads to trauma. However, in reviewing the survey questions that were indicated, I observed that these questions focused more on alcoholism, rather than abusing drugs. Therefore, I suggest that since...
1 Pages(250 words)Book Report/Review
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Comment To Peer Response Dq1 AND dQ2jb for FREE!

Contact Us