Question1(a) Factors to consider when deciding on the segments to serve as a market * Population The density of the people in a given place is a very important aspect to consider when segmenting a market . A densely populated area is usually preferred as a destiny to market the product. * Consumer behaviour How a consumer perceives when purchasing or deciding to purchase a product is very vital. * Social class Different consumers have different classes .in this case a seller should consider
Premium Marketing
What are Costs? * Goal of a firm is to maximize profit * Total Revenue = Q x P * Total Cost = market value of inputs firm uses in production * Profit = TR – TC * Costs of production = opportunity costs of output of goods and services * Explicit costs = input costs that require outlay of money by firm * i.e. $1000 spent on flour = opportunity cost of $1000 because can’t be spent elsewhere * Implicit costs = input costs that do not require outlay of money by firm
Premium Economics Monopoly Costs
WHAT CAUSED THE CONFLICT IN NORTHERN IRELAND Divided loyalties was once cause of conflict in Northern Ireland. Most Catholics in Northern Ireland see themselves as Irish and would like their country to be reunited with Ireland. They resented the past history of English conquest where Catholics were either treated harshly or massacred. However‚ most Protestants are loyal to Britain and want to continue to be part of the United Kingdom. Many of them do not want a union with the Republic of Ireland
Premium United Kingdom Protestantism Republic of Ireland
Case Study The Amazon basin (equatorial) - the effects on tropical climate. The Amazon basin in South America‚ vegetated by tropical rainforest‚ lies within the equatorial climate zone and covers an area of some 8‚235‚430 km 2 mainly in Brazil. The Amazon River flows through the basin from its source high in the Andes towards its mouth in the Atlantic Ocean‚ and is the largest single source of freshwater runoff on Earth‚ representing 15-20% of global river discharge. At present the amazon rainforest
Premium Brazil South America Amazon River
Using writing for meaning TAQ 1 Rumyana Doncheva What is child poverty‚ its key causes and impacts? As a result of the economic crisis‚ the amount of children in risk of poverty is growing. Poverty is considered to be lack of access to financial resources‚ services and chances for the young people to develop‚ become successful‚ confident and flourish. Children in poverty are those ones living in families in low income and who can ’t meet the adequate standard of life. The failure to protect
Premium Poverty Cycle of poverty
The main factors that affect distribution of population are natural resources‚ climatic conditions‚ soils‚ cultural factors‚ age of human settlement‚ industrial development and means of transport and communication. The factors affecting distribution of population are described below one by one in a nutshell manner. (i) Natural Resources: The regions having rich wealth of natural resources like coal‚ water‚ minerals and forest wealth favour the growth of population. These resources help in the
Premium Population density Demography Population
The Internet is virtual shopping mall that allows the consumer to transact business including banking‚ shopping‚ and a host of day-to-day chores. As much as the consumer has come to rely on this new forum of exchange‚ it is also an instrument of many civil wrongs (cyber torts). This harm includes financial injuries‚ reputable damage‚ theft of trade secrets‚ and invasions of privacy. The Enron Corporation was listed as the seventh largest company in the U.S. with over $100 billion in gross revenues
Premium Enron Enron scandal Tort
December 17‚ 2009 Sensex is basically an indicator of the health of the stock markets in India. It is the most popular stock market index in India. It is just a number and the value of Sensex is closely followed by a number of investors‚ promoters‚ market experts‚ brokers and several other stakeholders not only in India but across the world. One can know the relative strength or weakness of the Indian stock market by the movement of Sensex on the Bombay Stock Exchange‚ popularly known as BSE. Sensex
Premium Stock market Market capitalization Stock
Market Potential A market potential is an estimate of the maximum possible sales opportunities for a commodity or group of commodities open to all sellers in a particular market segment for a stated period under consideration Before going to the stage of establishing market potential‚ commodity grouping must be established in such a way that the individual commodities concerned are uniform with respect to the demand function. Since most products do not greatly differ from others‚ consumers
Premium Marketing Forecasting Regression analysis
Shortly after all of the 13 colonies were formed the citizens wanted freedom from their mother country‚ Great Britain. There were many factors in the colonists decision to become independent. Some of these factors are unwanted taxes‚ salutary neglect‚ the inability to trade with countries besides Britain‚ and no representation in the government that ruled them. These factors led to small rebellions and boycotts‚ then eventually the Revolutionary War. The United States were being treated more as if they
Premium