TASK 3 : P5 – EXPLAIN HOW AND WHY GROUPS OF CUSTOMERS ARE TARGETED FOR SELECTED PRODUCTS. Product 1 : Café Latte Target Market: People who like coffee and people ages and above. Price: The prize will vary in the cup size. Tall – AED 15 Grande – AED 17 Venti – AED 19 Place: Distributors: The product is available in Coffee House at Deira. Promotion: Flyers: The staff will be handing out flyers to the passers-by. Online Advertisement: The product will be place in the store’s website and any other
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should not be keeping the salaries the same or increasing if it did not fit in with how well the business was doing. Competition Bikes has to change the way they paying the executives‚ the companies financial strength has to be reviewed before they can determine what the executives are paid. Research and development was an area of concern with the $85‚237 budgeted. In year 6 they ended
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Task 1 The rice market is our product concerned in this assignment. As a pantry necessity for the Asians‚ the rice market has an inelastic demand. Also‚ it has no close substitutes or perfect substitutes. This makes the importance of rice inevitable. On the other hand‚ the rice market has an elastic supply. Due to the wide variety of rice provided in the market‚ the quantity supplied by sellers tends to respond substantially to slight changes in price. Assume an equal value of tax is placed on
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Legal Issues for Business Org. (LIT1) TASK 310.1.2-01-06/ Part: A SOLE PROPRIETORSHIP: Sole proprietorship is an unincorporated business with one owner who pays personal income tax on profits from the business. The benefit of the sole proprietorship is the tax advantage. The disadvantage of a sole proprietorship is obtaining capital funding. * Liability – As the owner of a sole proprietorship‚ one is personally liable for all business debts‚ creditors may sue you personally to satisfy the
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EGT1 Task 4 The world is changing in many different areas‚ and one of the many different ways it’s changing is how businesses change and continue to grow. When businesses grow and expanded there are possibilities of gaining access into new markets that need to be understood before entering. Business markets in China are completely different than markets over here in the United States. We need to take a look at some of those differences. A. There are three major cross cultural Differences in the
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TASK 1: As a marketer it is your role to research the how‚ when‚ where and why about how a business can grow it’s customer base. Step 1 -Research a company Research your chosen company’s SWOT (internal strengths and weaknesses External opportunities and threats) 10 Marks Step 2- Identify what your company does well in relation to marketing its products and services. 10 Marks Step 3 -Highlight what your company could do better in promoting its products and services. 10 Marks Step 4-
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important for their future. Teachers give oral directions multiple times a day during school‚ and incorporating this strategy into lessons will help students be more successful at school as well. Listening to follow multistep oral directions reinforces the use of other listening skills. Listening requires a person to think about they are listening to in order to respond properly. This type of listening requires students to receive information‚ construct meaning from the information‚ and then use
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responsibility is often viewed as an inconvenience that cuts into shareholder profits. An organization that with this outlook on social responsibility is missing a significant opportunity to improve public perception and drive profits. This is clearly the view of company Q. When twice presented with the opportunity to create both social and monetary capital‚ they failed miserably. This likely contributed to the closure of 2 stores due to low performance. Not only are they harming their stakeholders
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Marketer’s task is more complicated than that of the domestic marketer because the international marketer must deal with at least two levels of uncontrollable uncertainty instead of one. Discuss. Introduction Domestic marketing deals with any marketing activities within the boundaries of a nation. This should be directly contrasted with the term International marketing‚ which refers to all marketing activities that go beyond the confines of a domestic economy. For Zimbabwe‚ this would be consumers
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business within the United States and doing business in China. Without doing the proper research we could fail only because we were completely unprepared. Once we identify some areas that are essential for doing business in China we stand a better chance to be successful in a very competitive environment. We should begin by identifying some of the most cultural differences between our two countries. Language is a very big and obvious hurdle we must be able to properly identify our product within the Chinese
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