Describe The Market Segment Describe the market segment: Mercedes sells a product for which consumers are willing to pay a premium price. This high price means that Mercedes sells almost exclusively to a small group of very high-income consumers. Describe the product positioning for this specific brand: Mercedes Benz holds a strong position and brand due to perceptions of superior engineering‚ safety‚ and customer satisfaction. Mercedes Benz has always been known for its quality
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Describe a product or service for a new business venture you would like to start. Free enterprise—the concept that any individual is free to transform an idea into a business—is the economic basis for all entrepreneurial activity. The opportunities for potential entrepreneurs are unlimited. The constantly changing economic environment provides a continuous flow of potential opportunities if an individual can recognize a profitable idea amid the chaos and cynicism that permeate such an environment
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There exists this pressure on my generation that we must have our entire lives already planned out to a T. Even as a fifth grader‚ I remember a prompt on a state test asking “Describe your lifetime goals and how you will achieve them.” This question is asked throughout our lives in different variations but the point remains the same. What are you going to do with your life? Asking me this prompt throughout my years in high school would have given you 4 completely different answers. Just a couple
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Identify and describe the factors that plays a role in the role of formation of self-concepts. Self-concepts has influenced people’s lives of all racial backgrounds for thousands of years. Self-concepts plays a huge role in life and how we view many different things in ourselves. The concept of self-concepts has been heavily impacted by social and economically. Appearance‚ income and education are the main factors that plays a huge role in the formation of self-concept. Those three developments has
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In a recent interview‚ I was asked to share four words that describe me. As I shared the words‚ overcomer‚ hard worker‚ integrity‚ and leader‚ I soon realized that they were more than words‚ but represented life experiences that shaped my identity and have defined who I am today. While those experiences were not what I necessarily wanted or asked for‚ they provided an opportunity to learn a strong work ethic‚ live with integrity‚ grow in my leadership‚ and become an overcomer of life’s struggles
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TOPIC : DESCRIBE ABOUT VIETNAM Mention to South East Asia‚ Vietnam is one of the best destinations for the tourists. The mighty history‚ amazing food‚ unique culture and fantastic sceneries such as Ha Long Bay‚ Ha Noi‚ Ho Chi Minh‚ etc attracted the world come to Vietnam. Furthermore‚ Vietnam is ranked as one of the best exporters of Coffee and cashew nuts due to its tropical weather with two main seasons - rainy and sunny. The Vietnamese people are known for the strong spirit and the eager for
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Describe the accomplishments you have achieved during this course. My first accomplishments are to pass the course of math and work hard on the exam. I’m accomplishment in getting a strong foundation in this course. This accomplishment is to understanding many areas covered in math‚ for examples: whole number‚ the LCM prime factorization‚ and simplifying the expressions‚ Bar graphs and line graphs‚ proportions‚ rates and unit prices and ratios‚ percent problems‚ using the equations‚ simple and compound
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The growth in services has also been accompanied by the rising share of services in world transactions. Not only has the services sector grown in terms of its share in global output and employment‚ its share in total trade has also grown rapidly in this period. The growing importance of services sector and the corresponding rise in its role in integrating the world economy has led to a stream of literature that examines different aspects of trade in services. The service production process is much
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1. Economies of Scale. If the firms produces in an industry with very high fixed costs‚ consumers can benefit from a large firm which can exploit economies of scale. Economies of scale lead to lower long run average costs and therefore give the potential of lower prices. Example: Would you want several firms providing tap water? Would it make sense to have 2-3 companies laying a network of water pipes and sewage systems across the country? No. It is better to have 1 firm. This is an example of
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Gospel Music Introduction: Gospel music has being a vital part of spiritual life and the church since the late 1800’s. It takes it roots from both Negro spirituals and traditional church hymns which came from Europe. Revivalists of the turn of the century employed gospel music to stir emotions and gain converts. Lyrics: Gospel music lyrics are usually simple and clear to communicate the message of God’s love and the sacrifice made by Jesus on the cross. The message is expressed sometimes from
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