Section A: Prestcom 3-4 Section B: Industry and Competitive structure 5 Section C: Industrial forces 6 Section D: Product Evolution 7 Section E: Market Segmentation 8 Appendix 1 – Prestcom 9 Appendix 2- Direct & Indirect competitors 10 Appendix 3 – Competitive Advantage Vs Competitive Scope 10 Appendix 4 – Market share 10 Appendix 5 – Adoption life cycle 10 Appendix 6 – Porters 5 forces 11 Appendix 7 – Product Hierarchy 12 Appendix 8 – Product Life Cycle 12
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Task one Alton towers key customer market segments: Alton towers target a wide range of customers as they have a lot to offer for different people‚ gender doesn’t come into this I don’t think as boys and girls both enjoy rides. They target families as they cant just target children as children cant get all the way to Alton towers and pay for it as well‚ they try and draw the parents in as they will be paying for the children. Also Alton towers have a big target market on ‘thrill seekers’ that’s
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Customer Service at Alton Towers I am going to be writing about the customer service in Alton Towers‚ and factors that would affect the customer service. I will begin with writing about factors that would affect customer service: a) Seeing as how Alton Towers is an amusement park‚ factors that could effect could affect customer service can range from factors such as are there many places for visitors to purchase food for when they are hungry‚ are they enough lavatories around the park
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Alton Towers And The Prince’s Trust Contents: Page 3: Introduction Page 4-5: Alton Towers Page 6-7: The Princes Trust Page 8: Conclusion Page 9: Recommendations Page 10: Bibliography Introduction This report will be based on business environment and it will be about Alton Towers and Prince’s Trust and the type of business‚ purpose and ownership of two contrasting businesses. Alton Towers are theme park based in Staffordshire‚ England
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A business has many external influences that can affect its overall mission and functions. Such influences may be political‚ global‚ economic‚ legal‚ media‚ medical‚ and nature in itself. These influences may include government departments‚ regulators‚ competitors‚ and trade bodies making it important to identify these at an early stage (Norwich Union‚ 2005). Because these external influences affect a business ’ mission critical process‚ it is evident there is an influence on the business continuity
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Internal and External Influences affecting the Consumer’s Decision Making Process A number of factors affect the consumers buying behavior. Some of these are internal and others because of external influences. A few of these internal and external factors influencing the consumer’s buying behaviour while deciding to buy a Digital Camera are listed below: Internal Influences Perception: Perception is how a consumer processes information consciously or subconsciously. The perception about the brand
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Accessing information is important because you don’t want to have false information then begin your goal or project and realize it was all a fake. Analyzing influences are very important to your decisions. Your internal influences help you achieve where you are going inside your body‚ which allows you to work harder. Your external influences also help you achieve your goal. Whether
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External Influences in Business Government/EU policies Governments set up many interventions that guide businesses. Businesses will normally change the way they operate when the government changes these rules and policies. Government economic and market policy may have an influence on the productivity of businesses. Business owners must adhere to regulations established by the governments on a local‚ state and federal level. Let’s discuss the potential interventions reasons in markets and
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External influences are what drives humanity. The temperature‚ weather‚ light‚ sounds‚ other human beings‚ etc. They all influence the world. Temporary influences can change how we act in the moment‚ larger influences are what make up who we are. Personality is entirely dependent on the environment‚ and the past memories of a person. We only ever see the side of a person created by their experiences in the environment. The idea of external influences can range from simple little things‚ all the
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External & Internal Influences Paper Learning Team A Christopher Avery‚ Kristi Jordan‚ Matthew Land‚ Jeffrey Nelson‚ Misty Roberts‚ Karla Rendon University of Phoenix MKT/435 – Consumer Behavior Thomas O’Brien February 6‚ 2009 Introduction Understanding the mind of a consumer is a puzzling process. It is important to consider that no single factor explains why consumers behave as they do. Rather‚ there are external and internal factors in addition to environmental factors that contribute
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