the next few years. Even if Apple’s Mac OS were included in the relevant market‚ Microsoft’s share would still stand well above eighty percent. Microsoft’s dominant market share is protected by the same barrier that helps define the market for Intel-compatible PC operating systems. As explained above‚ the applications barrier would prevent an aspiring entrant into the relevant market from drawing a significant number of customers away from a dominant - 1 - incumbent even if the incumbent priced
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- Addictive Behavior o Are habits that have gotten out of control‚ with resulting negative effects on a person’s health. - What is Addiction? o Psychological or physical dependence on a substance or behavior‚ characterized by a compulsive desire and increasing need for the substance or behavior and by harm to the individual and/or society. - Characteristics of Addictive Behavior 1. Reinforcement- addictive behaviors are reinforcing. Some aspect of the behavior produces pleasurable physical
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Why Measuring Consumer Behavior is Important Feb. 24‚ 2005 Ryan Brophy Management 480 (408) 390-0941 Introduction Insight into consumer decision-making and buyer behavior is at the heart of the marketing concept (Arndt 1968). To date‚ researchers in the field have had little success in developing substantial scientific theory to describe stable laws in marketing. Most of the progress over the past few centuries has focused on understanding and identifying observable similarities consumers
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School of Accounting & Finance The Hong Kong Polytechnic University AF2111 Accounting for Decision making Semester 1 of 2013/2014 Academic Year Meeting Time: Thursday‚ 19:30 - 21:20 Venue: DE401 (subject group S01) Instructor: Ms Sarah Cheng Mei Ling Office: M754‚ Li Ka Shing Building Tel. No.: (852) 2766-7027 E-mail:
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Q) Why firms should manage Financial Risks? INTRODUCTION: The etymology of the word “RISK” can be traced to the Latin word “RESCUM” meaning danger at sea or that which cuts. Managing business in a highly volatile environment is like navigating a ship on stormy seas. The modern business is confronted with many risk‚ some of which are basic eg.‚ loss of property due to natural calamities‚ civil unrests etc.‚ and some are strategic risks. Strategic risks may manifest themselves in several
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States vs. Microsoft Corporation it was a case of U.S. antitrust law in which the Microsoft Corporation supposedly violated the 1890 Sherman Antitrust Act sections 1 and 2. Section 1 of the Sherman Act states that anti-competitive behavior such as contracts‚ combinations‚ and conspiracies in restraint of trade are all illegal. Section 2 states that establishments of monopolies and attempts at monopolies are illegal and the violation must be proved. The case was initiated in May of 1998 and the trial
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affecting Airline companies and safety is the first thing customers will consider. Since the ticket of Airline are usually expensive‚ customers would not give their money to the firms they do not trust. Secondly‚ this industry needs planes and experience of flying which also lowers the threat of new entrants. If a new firm plan to enter this industry‚ they need to firstly become licensed which may take more than one year‚ and after that they will be constantly being regulated by different organizations
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Why firms decide to go global Growth Many companies will prefer to invest their excess profits in order to expand‚ but sometimes they are limited because of the maturity of the markets in their area. Therefore‚ they seek the overseas new markets to provide such growth opportunities. So‚ these companies‚ in addition to investing their excess profits‚ also try to maximize efficiency by employing their underutilized resources in human and capital assets such as management‚ machinery‚ and technology
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Why Do Some Firms Become Global? 1. Introduction More and more companies all over the world have joined the army of firms that are running globally. Reasons of companies becoming increasingly international can vary‚while the ultimate goal of going global turns out to be growth and expansion of the company. No matter whether a firm employs staff from international labour market or looks for exploration of new markets overseas‚ corresponding strategies can contribute a great deal to diversification
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The antitrust laws were adopted by Congress to outlaw or restrict business practices that were considered to be monopolistic or which restrained interstate commerce. The Sherman Antitrust Act of 1890 declared illegal "every contract‚ combination or conspiracy in restraint of trade or commerce" between states or foreign countries. The Clayton Antitrust Act of 1914‚ amended by the Robinson-Patman Act of 1936‚ prohibits discrimination among customers through pricing and disallows mergers‚ acquisitions
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