and idea and researches and prepares a design brief. The brief is then passed over to Nikes design kitchen who talk to coaches regarding training methods etc and also discusses athletes’ wants and desires. Ultimately a design is born. Nike Free Nike Free was designed to imitate barefoot running as during Nike’s research they discovered that coaches were training their athletes on grass with no shoes. These coaches believed that the athletes were stronger‚ less prone to injury and were healthier
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Price discrimination in practice First and third degree discrimination in the train tariffs‚ etc. Price discrimination basically involves charging a different price to different groups of people for the same good. It needs some conditions. First of all‚ the firm must operate in an imperfect competition‚ it must be a price maker with a negative sloping demand curve. Second‚ the firm must be able to separate markets and prevent black market. Third‚ there would exist different consumer groups who
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Computers and Society The decade of the 1980’s saw an explosion in computer technology and computer usage that deeply changed society. Today computers are a part of everyday life‚ they are in their simplest form a digital watch or more complexly computers manage power grids‚ telephone networks‚ and the money of the world. Henry Grunwald‚ former US ambassador to Austria best describes the computer’s functions‚ "It enables the mind to ask questions‚ find answers‚ stockpile knowledge‚ and devise
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Needs This computer would be used for mainly writing papers‚ surfing the Internet‚ a little desktop publishing‚ and playing some 3d sports games. Software The software I would buy would have to include a word processor‚ and desktop publishing program. The standard programs for this are Microsoft’s. They are Microsoft Word‚ and Microsoft Publisher. Using a student discount‚ I can get them both for under $200. (See http://www.edu.com/software/ ) I also need to decide which operating system
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take control of the market compared to our competitors and stay on top. Some of the ways we will embark on such will include the followings; • Quick response: ABM will provide same day and after hours service. Turn around will be 24 hours. • A flat rate policy: This undermines the competition‚ who charges by the hour. The pricing has been set to reflect the average amount of time it takes to perform the task. With this strategy we can undercut most competitors and gain local market power. • On-site
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Price Elasticity of Demand Shinan Chen Week Two Assignment Price Elastic of Demand 1. If the demand for corn increases due to its use as an alternative energy source‚ what will happen to the supply of corn ’s substitute such as soybean? To answer this‚ first we have to understand what determinants will shift demand and supply. There are five demand determinants‚ they are T-I-P-E-N. Taste of preference‚ income‚ price of complements and substitutes‚ expectation of consumer regarding future
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Cisco CCNA Security Notes (640-553) Contents Contents ....................................................................................................................................................... 1 Introduction .................................................................................................................................................. 3 Cisco Security Management Tools ..............................................................................................
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goods and services. However‚ there are many factors that affect this simple operation. Owing to these economic elements‚ the sales‚ production‚ and procurement of a business get adversely impacted. Here‚ we have provided you with a list of economic factors that affect the working of business organizations. All these factors are interconnected. Economic Factors That Influence Businesses Demand and Supply The demand and supply are two principal factors that affect the working of any business model
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Why Gold Prices Fluctuate? Posted on May 25‚ 2010 by Manish — 2 Comments ↓ This is the first post in the learner’s series. A simple question that we will answer through this post is‚ “Why do gold prices fluctuate?”. While I am writing this article‚ the Gold price stands at $1238 per ounce (1 ounce = 28.35 grams). This fluctuate everyday‚ and the gold prices have gone significantly up in the past few months. Like all other investments and commodities‚ gold prices also fluctuate everyday and are
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External Factor Political‚ Governmental & Legal Forces Government spending and taxation policies Hong Kong is a free port of less tax and low tax rate. The tax must to pay for enterprise only pay the profit tax every year. The normal rate of Profits Tax is 16.5% for corporations and 15% for unincorporated businesses. More companies have been attracted to invest in Hong Kong. Hong Kong does not impose value-added tax (VAT)‚ goods and services tax (GST) or sales tax. The price of products
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