The product The first market mix element is Product. A product is anything that can be offered to a market for attention‚ acquisition‚ use or consumption that might satisfy a need or want. Product decision normally base on brand name‚ functionality‚ styling‚ quality‚ safety‚ packaging‚ repairs and support‚ warranty‚ accessories and services. These product attributes can be manipulated depending on what the target market wants. Also‚ customers always look for new and improved things‚ which is
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a “push” strategy in which category managers at North West’s Winnipeg HQ analyses the trends‚ places the orders and allocates products to stores. The shift towards localization expects to tap into the local knowledge that resides with store managers‚ allowing the local management to tailor product demand to the preferences in their communities. Under localization‚ product assortment decisions‚ which had been previously made at the Category Manager’s level at Winnipeg HQ‚ would become the responsibility
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In this lab‚ we changed copper into various forms using different chemicals and chemical reactions. The purpose of this lab is to demonstrate that the product of a chemical reaction depends on what is present at the time of that reaction. This lab also displays how matter cannot be created nor destroyed in a chemical reaction. In a lab‚ you must always make safety a priority in case of an emergency. In our lab‚ we made sure to wear closed-toed shoes as well as goggles at all times. We also performed
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The Business Cycle: Recession: Characteristics: The economy slows down‚ and the level of sales and production orders start declining. Production facilities become underutilized‚ and companies respond by reducing the work rate. Workers who had been hired basis are laid off‚ and/or this reduces their disposable income. Celebrity Example: Stephen Baldwin Filed for bankruptcy. Personal debt of $2.3 million. Owed more than $1 million in taxes. Victim of the housing market collapse. Trough: Characteristics:
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The communication Cycle It involves people sending and receiving messages. We all communicate or send messages continuously. 1. A person has an idea. 2. They code their message(using words or non-verbal means) 3. They send their messages to someone else (e.gg by speaking) 4. A second person then receives the message (e.g. by hearing what has been said or by noticing non-verbal communication) 5. The second person decodes the message. 6. The message is understood. Once the original message has been
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BUSINESS CYCLES Trend and cycle of the business cycle Phases of the cycle Pro‐cyclical‚ counter‐cyclical‚ and a‐cyclical variables Lead‚ lagged‚ and contemporary variables Stylized facts and cyclical behavior of key macroeconomic variables 2 BUSINESS CYCLES Over time GDP grows but not in a linear way GDP 2006 constant prices (in logs) 6.5 6.3 6.1 5.9 5.7 5.5 5.3 5.1 4.9 4.7 4.5 3 BUSINESS CYCLES Time Series Components 1. 2. 3. 4. Trend (long‐run) Cycle (short‐run)
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Examine religious and secular beliefs regarding the value of human life (AO1-45 MARKS) The value of human life is a concept which is interpreted in many different ways within religion and with secular communities. For example Christianity holds strong belief in concepts such as Imago Dei and the sanctity of life. Christians also hold strong belief that we are given value in terms of free will and a god-given soul. Alternatively‚ humans are given value in the Buddhist faith through the process of
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The Main Parts of the Water Cycle The main parts of the water cycle are evaporation‚ condensation‚ and precipitation. They go together in a circle/cycle called the water cycle. None of these parts can be missing. (Well‚ everything in the water cycle is needed.) Evaporation- Evaporation is when water turns into water vapor and flows up into the sky. You can’t see it because it’s now gas and gas is invisible. Evaporation usually happens on hot‚ rainy days because the sun’s energy
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The Buddha claims humans are stuck in an endless cycle of suffering known as saṃsāra because of our unawareness of; impermanence‚ suffering and non-self. Saṃsāra is the endless cycle of birth‚ existence‚ suffering and death. It is considered to be dukkha which is unsatisfactory and troublesome because an individual will remain in this cycle if influenced by desire and avidya (ignorance). Teachings from the Buddha have emphasised individuals cannot achieve true happiness because it is only temporary
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where does the water cycle gets its energy from? the water cycle gets the energy from the sun. why do we need the water cycle? since 97% of the earth is covered by salt water we can not drink it. we can remove salt from water but it could be very expensive. how does water get into oceans? when clouds can’t hold any more water it comes as precipitation and lands in the ocean. what is the water cycle made up of? it is made up of six different traits. condensation‚infiltration‚runoff‚ evaporation‚ precipitation
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