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However, recently, the concept of sustainable development has evolved and companies are now concerned about the sustainability of their business activities (Robinson, 2003).... According to the concept of Marx, in the modern business world, the workers are the proletariats while the employers represent the capitalist class.... The bourgeoisie capitalist class believe that capitalism is the final route for future advancement and under this system, the concept of equality is ruled out....
cDonald, M & Dunbar, I 2004, market segmentation: How to do it, how to profit from it, Butterworth-Heinemann, Oxford.
... The framework employs industrial organization economics to determine five forces, which influence industrial competitive intensity and the overall attractiveness of a market in terms of industry profitability.... In the modern world, the airline industry is extremely saturated to the extent that there is a rather minimal space for new comers to enter the airline market....
his concept has major implications for the retailing outlets as it acts as a cue for assessing their own pricing strategies and is reflective of what strategies their competitors have adopted.... The concept of price dispersions arising online is also important from the customers' point of view.... The most prominent change has been the inception of the 'Digital Economy', an electronically created market where business transactions take place electronically between the consumers and the producers....
Diotima's is a woman who has described the whole concept of love to Socrates, which he describes in his speech in Symposium.... This concept of love, which is illuminated in this book by Plato, is also the origin of his concept of Platonic Love.... It also presents the comparison among Socrates' concept of love with others' description for the idea of love in their speeches....
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This is the reason behind the growing popularity of this concept among organizations, world leaders as well as academic researchers (Kootanaee, Babu and Talari, 2013).... Currently, number of organizations are rigorously studying and implementing the concept of just in time in order to attain competitive advantage in this contemporary business environment.... The concept was first introduced in the Toyota manufacturing plants by Taiichi Ohno in order to render the company capable of meeting the growing demands of their customers with the minimum possible lag (Toyota, 2013a)....
The fundamental concept of deregulation is to open up a market and allow competition to perform its price-cutting magic.... Second, the concept of creating sizeable national markets to purchase and distribute electricity “makes more sense as economic theory than as physics, because it consumes power to transmit power.... Promoters of the free-market system espouse that regulations upset the positive influences of competition.... ? Promoters of the free-market system espouse that regulations upset the positive influences of competition which is a deterrent to growth and innovation....
The following essay "Mazda Positioning a Product Line" concerns the concept of Integrated Marketing Communication.... As the text has it, IMC is a concept that involves the integration of all the marketing communication tools in order to create an impact on the decision-making process of consumers.... The concept of reaching customers was previously known simply as marketing or marketing communication.... ntegrated Marketing Communication (IMC) is a concept that involves integration of all the marketing communication tools and sources in order to create an impact on the decision making process of consumers....
In addition, this segment also discusses the concept as it relates to the individual and within a business setting.... In addition to giving a general definition of the term, this segment also discusses the concept as it relates to the individual and within a business setting.... As the authors explore the concept, they begin to demonstrate how optimism in general contains many of these elements.
... The authors also find that level of prior lottery play interacts with these variables, which suggests that usage-based segmentation can influence the effectiveness of both promotional cues and informational warnings....
Following the concept of the marketing mix, which states that the business cannot succeed without the 4Ps.... In other words, marketing mix is the tactic a firm uses to promote or advertise its products in the market.... This rejuvenated it and it became fit for competitive advantage again in the market.... The products of the Gucci did not take long before flooding the market and were sold very cheaply to a point of tarnishing the image of the Gucci (Richter 2012, p....
om should go for the retail store concept with the true differentiated product.... om to go for a retail store depends on the feasibility and market situation analysis.... Another reason, why Amazon should go for the retail stores is, by placing the physical retail stores, Amazon gets the potentiality to earn huge profit margin as they can use their economies of scale and can keep the price low in the market.... The opening of retail store will not only increase the customer base and market share of Amazon....
The concept behind this is to create specific buildings, structures and other areas that allow individuals to come outside of their homes so that they can enjoy leisurely activities and time away from home.... Third space is different than other types of spaces because it doesn't have the concept of a private area in mind.... Because of this concept of having a third space, the activity becomes the primary focus on what makes for a good measure within the urban space, including how it is used with the different buildings and concepts in the area....
Various concept of project management will be applied in the Radisson Blu Hotel at Disneyland Paris and focus will be paid on how change management will help the company to attain success.... Project management is referred to the activity and process of planning, motivating, organizing, as well as controlling resources, protocols, and procedures to attain specific objectives in daily problems....
As a result, the concept of demand and price is clearly demonstrated.... The implication for a broader international development is that the producing countries are crying foul because the reduction in prices will affect their market shares.... For instance, Saudi Arabia expresses fear that the reduced demand will affect future market shares and productions....
The paper "The European Union Managing International Operations" highlights that the European Union is a group of 27 member states that share a common economic and political ideology.... The EU was formally established in 1993 when the Maastricht Treaty (1991) came into force.... ... ... ... The Headquarters of the EU is in Brussels (Belgium)....
This approach expands the supply chain concept to encompass the entire sourcing process as well as the value adding and the marketing activities of the firm in question (Banfield, 1999).... Such processes run all the way from; the ordering processes, customer service, distribution, product development or time to market and ultimately supply (Hines, 2004)....
Chialin Chen: Green Product Development A more specific insight on green technology has been provided by Chialin Chen when he investigated the concept of "green product development".... Chevrolet and Ford's example show that as early as 1998, they were manufacturing green or hybrid automobiles successfully sold in the American market....
In a broad sense it refers to the manner in which roles, duties, activities and responsibilities are assigned in an organisation.... McShane & Glinow (2009) define it as the functional.... ... ... It is indicated that an organisational structure is characterised by certain key elements.... Richard (1998) identifies work specialisation as one of these elements....
Determining market segmentation
... In a period of only five years that TOMS Shoes has been in the market; the company has managed to sell over a million pairs of shoes.... In addition, the company in its objectives aims at increasing its market share by 20% in the next 3 years by aggressive marketing using advertisements and other outlined promotional techniques.... he target market is mainly young people since their main attraction is fashion and price....
arket segmentation
... market and competitors
... ardiff community will be the market of Cardiff Netball shop.... Cardiff boast itself as a fit and health conscious community making it an ideal market for the business.... he initial market research yielded that the market in Cardiff is segmented as follows
... It still however needs to penetrate the market and establish itself as a popular shop to purchase Cardiff communities sporting and athletic needs....
A concept related to the calculation of lower of cost or market is net realizable value (NRV).... The four accounting concepts discussed in this paper are lower cost or market, capitalization of interest in construction projects, recording gain or loss on asset disposal, and adjusting goodwill for impairment.... Adjusting lower cost or market inventory on valuation The lower cost or market is an inventory valuation method used by accountants in order to comply with the conservatism principle....
Quality as a concept has been through evolution to mean more than just the manufactured product integrity.... The concept has evolved thanks to several leaders who made contribtions towards the same.... Quality as a concept took a step forward when Taylor made a publication that related to scientific management principles....
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It has also revitalized the grocery shopping experience through the introduction of the Bloom concept which is intended to provide a peculiar convectional layout and also competitive prices.... This has resulted in a problem for the firm if by chance it were almost impossible to gain an edge in a market that is highly dominated by serious competitors....
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The concept of synchronized traffic, the open versus closed boundaries, modeling headways, Micro-Macro link and Kinetic theory, regional traffic stimulations, multilane traffic, and more Realistic Single-Lane Models have also contributed towards transportation management.... The paper "Transportation in the US: Policies, Challenges, and Various Approaches" focuses on the critical analysis of the theory of kinetic waves, principles underlying the traffic jam behavior, the classic car-following models, Optimal Velocity Model (OVM), and the Time-Oriented CA (TOCA)....
Moreover, there is a wide interest in observing multinational companies getting CSR right and especially in the developing countries, where the concept of companies being socially responsible by implementing certain business frameworks is fairly new and therefore the expectations of these company's contributions are unclear in most cases.... orporate social responsibility (CSR, also called corporate responsibility, corporate citizenship, responsible business, and corporate social opportunity) is a concept whereby organizations consider the interests of society by taking responsibility for the impact of their activities on customers, suppliers, employees, shareholders, communities, and other shakeholders, as well as the environment....
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Reviewers of the Islamic finance concept do not see any dissimilarity between Islamic and conventional finances, and if any exists, it is false in nature and not substantial in any way (Hills 1991).... The financing concept in Islam differs with that of conventional banking.... However, there is a great potential domestic market that is only just starting to be tapped.... The appeal of London for Gulf customers, which include all the main Islamic banks, is the extent of specialist monetary services provided, the depth to the market and the solidness of the key banks, which include all the topmost global players....
This attitude has led to a number of world conclaves assembled around the concept
... The basic concept of
... contractor, in the design process"(Rosenberg) Riley says this new concept has influenced
... osenberg points out how beneficial the new concept proves to be for all concerned....
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This research has the potential to make contribution to the concept of the new form of business expansion and internationalization i.... This is a research proposal that aims to study the overall business scenario in Saudi Arabia, especially the market responses to foreign business entities.... This is a research proposal that aims to study the overall business scenario in Saudi Arabia, especially the market responses to foreign business entities....
Consideration of research works of Flynn (2012) reveals the fact that NPM is a dynamic concept that has sufficient flexibility to adopt PPP model in order to ensure convergence between public and private modes of organizing in public services management.... It is evident from the above discussion that PPP and NPM are mutually dependent concept and collaborative framework of these two concepts is needed for measuring the extent of convergence between private and public mode of organizing (Flynn, 2012)....
The concept of polo T-shirt was generated by the Lactose.... However, from the above survey the concept of the mimic brand has been revealed.... The brand is majorly having a great market in the Asian region.... It entered the market as the premium fashion clothing for the men.... It has got much more market than the Crocodile which is concentrated in the Asian market.... The Mimic brand: The mimic brand is a brand which resembles the logo, tag line or brand name of the other brand intentionally to capture the target market....
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The trend is attributed to the growing concept that effective supply chain management operations would benefit the whole business unit.... The concept of supply chain optimization assists the automobile industry to identify various difficulties that would arise while delivering products to customers at various market conditions.... The completed automobile is then transferred to consumer market in order to make available to ultimate consumers....
nterprise and Entrepreneurial Management PART ONE Idea Generation The concept of idea generation refers to the process of making a suggestion abouta possible course of action in solving a problem that confronts us or others (Landstorm, 2008).... In order to come up with this business idea, I have to think of products that serve as requirements in our daily lives, their demand and supplies, the market conditions, along with the costs to incur in the production, processing and distribution of these goods and services....
Thus, because of this fallacy, the concept behind the opposition to total gun ban is not objectively misunderstood.... However, still, it fails to clarify on the concept of safety and security that a total gun ban would most probably bring.... One more thing is that it did not clarify whether the concept of totally banning the sale of guns is indeed if even theoretically possible.... Thus, all the articles are assuming that gun ban is actually only a disadvantage to the society, but they did not offer any concrete solutions to the issue nor did they present multiple points of view on the matter or at least even touch on the idea of safety and security visa-a-vis the concept of violation of human rights....
While revenue management responds such important demand-management decisions, as structural, price and quantity decisions, for hotel industry they mean determination of the segmentation mechanisms which should be used in terms of trade to offer.... n the current economic climate, UK hotel market is elastic and is raised by its unique status in the world scale despite a relatively weak pound.... In addition, the demand-management decisions are guided by the revenue management that involves managing of companies interface within certain market....
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The company has been forced to review its strategies and come up with ways of ensuring that it remains a market leader despite the stiff competition.... The research "Decision-Making Models And Leadership Theories Of Wal-Mart" evaluates Wal-Mart's Business Practices with the main focus on the leadership styles and the organizational behavior of the company....
Such culture today is heavily influenced by the concept of ‘modernity' whereby the consumers are no longer restricted by the confines of conventions and traditional norms but instead are freed by the ability to choose based on social trends and rationality (Slater, 1997).
... he concept of ‘culture' which was historically been used to describe a mere prestige expenditure gradually made its way within the main spheres of political discourse, assuming a priority status as a key policy issue....
Therefore, the demographic part of the survey is minimal (that is needed for defining the age and occupation segmentation of the audience), while the technical part involves questions associated with various aspects of smartphone using.... While questionnaire results were used as the primary source for studying the market of smartphones, the global statistics, other researches and theories were used as secondary data sources for supporting the outlined patterns and theories....
(2007).... Should you care about the IAASB Clarity Project?... ... Retrieved on 17 September 2009.... Available at http://www.... llbusiness.... om/finance-insurance/4497620-1.... tml.... Financial Executive.... 2007.... 69
... ... he current financial crisis has shaken the fundamentals of risk.... ...
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Many models related to security valuation have been based on this concept of ‘informational efficiency of capital markets.... This literature review "Efficacy of Behavioral Finance in Japan" discusses the efficient market hypothesis indicates.... Fama (1991) describes market efficiency as A market in which firms can make production-investment decisions, and investors can choose among the securities that represent ownership of firms' activities under the assumption that security prices at any time 'fully reflect' all available information (Fama, 1991, p....
The CAPM model was construed to figure out the pricing of risky securities in the market.... eta = (standard deviation of the ith stock's return/ standard deviation of the ith stock's market return) (co-relation between the ith stock's return and the return in market)
... It should also be noted that those stocks that have a higher co-relation with the market will also have a higher beta.
... The sum of expected cash flows discounted for one period are not equivalent to market value any more....
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In respect to this, Denning and Dunham (2010) state that the concept of national innovation system basically rests on the principle of understanding the links between actors that take part in innovation; who are majorly responsible to enhancing technology performance.... Thus, national systems of innovation brings up the concept that public and academic effort may bring about support but not give conclusive explanations on the technological efforts of organisations....
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Budescu et al (2012: p24) define materiality as one of the fundamental and essential auditing concept, noting that the Auditing and Assurance Standard-13 on audit materiality establishes the materiality concept's standards, as well as how it relates with audit risk.... A fair and true financial statement and how it is presented will depend on the materiality concept, among other things.... Keune & Johnstone (2012: p1650) note the relative nature of the materiality concept, arguing that what is material in a specific situation may be immaterial in another circumstance and that consideration and judgment on materiality is a matter for the auditor's experience and professional judgment....
The focus of the paper "Management Must strive for Efficiency " is on efficiency and effectiveness, the organisational context, the concept of the Product Life Cycle, benchmarking, continuous innovation, an effective approach to remain current in the market, marketing processes.... The concept of the Product Life Cycle allows for specific actions to be taken depending on the quadrant in which products lie.... This strategy makes use of the existing efficiencies in the system while trying to lengthen the life of a product in the market....
However, the replacement of a concept defined by family resemblances with a concept of a similar name defined by the sufficient conditions is always misleading.... The first thing to do when analyzing a concept is to imagine all instances in which its applicable, then list all these instances into subtypes, find out what other concepts might be linked to the concept in a canonical graph, check dictionary definitions of the concepts and finally dwell on the concepts schemata....
wo main competitors, Prada brand and Christian Lacroix brand, are both high-cost perfumes in the UK and will be two main forces which can take market share away from this new brand: Invigo Arturo.... Unlike many high-cost competitors who focus on the product in packaging or some other dimension, Prada seeks a lifestyle positioning strategy for its mass market audiences with the socio-economic resources to purchase high-cost scents.... This high-cost perfume essentially segments a mass market of luxury goods buyers at the lifestyle level, such as the thrill-seeker personality type or the striver type who searches for exclusive products with affluence....
The paper "The Merits of Equitable Fairness in the Context of Injunctions" states that although injunctive relief is intended to ensure fairness as it is based on equitable principles of justice and appeals to the conscience of the court, there are difficulties in terms of principles of justice.... ...
This essay 'Should Health Care Be Organised Using a market Mechanism?... addresses the question as to whether health care should be organized using a market mechanism.... It explains the question in detail and discusses economic systems and key issues that influence the functioning of markets....
Neo on the other hand means a new kind of concept/ liberalization.... On this note, neo-liberalism is a new concept and has gained prominence over the last 25 years.... Neo-liberalism also eliminates the concept of the community or the public good.... ccording to this theory, people are unable to get opportunities of making wealth, because the market is structured in a way that it is only the government that can acquire resources from it....
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This paper "The Multinational Corporation Approach to Sustainable Development" discusses the extent of sustainable development efforts undertaken by multinational corporations.... It answers what methods are being adopted by BP and Shell for sustainable development.... .... ... ... Sustainability may be thought of as a process associated with efforts to improve life on earth and as a solution to the many problems facing humanity....
market signifies its future growth and expansion.... In the essay 'History of Wal-Mart' the author gives a brief history of Wal-Mart.... Wal-Mart was founded by Sam Walton, who was an experienced retailer in the Arkansas area.... In 1962, Walton started the very first Wal-Mart Discount City outlet at Rogers, Arkansas....
Among the influential sociological thinkers including Karl Marx and Emile Durkheim, Weber's concept of class division appears to be the most pertinent to define modern individuals' existence in the society.... Among the influential sociological thinkers including Karl Marx and Emile Durkheim, Weber's concept of class division appears to be the most pertinent to define modern individuals' existence in the society....