Lobolo or Lobola (Mahadi in Sesotho; sometimes translated as bride price) is a traditional Southern African custom whereby the man pays the family of his fiancée for her hand in marriage (Compare with the European dowry custom where the woman brings assets[citation needed]). The custom is aimed at bringing the two families together‚ fostering mutual respect‚ and indicating that the man is capable of supporting his wife financially and emotionally. Traditionally the lobola payment was in cattle as
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Case study questions: Burton Snowboards Q1) Analyze Burton using the competitive forces and value chain models. When examining Burton Snowboards we can see how they considered factors of the competitive forces model in an attempt to expand globally. Traditional customers At its peak burtons controlled over 40 % of the US snowboarding market and remains the market leader despite growing competition. One way Burtons has stayed market leader is by being adaptable and dynamic which is a competitive
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Burton Snowboards Jake Burton is the founder and owner of world’s leading snowboarding company. Since 1977‚ his company has created snowboarding gear that sets the standards for the rest of the industry. In order to be successful‚ his motto is to "always focus on the sport and everything else took care of it self." The Exchange Process at Burton Snowboards Exchange process is when two or more parties’ gives something of value to each other to satisfy each party’s perceived needs. Exchange
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Essay on European Expansion Ever since the discovery of the Americas there has been a desire for territorial expansion‚ Europe is the main Country which took advantage of this opportunity for expansion. The inspiration fueling their ambition for expansion is the service of god and the pursuit for gold and glory. In order to fuel their ambitions they traveled the world searching for land and goods. In this essay I will discuss expectation‚ rewards and problems associated with the Europeans pursuit
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1400 European exploration and expansion In the early 1400’s Europe began to expand. This meant that private investors and other governments had to help finance them. This was to create a larger market. The country of Portugal’s need of natural resources became the first reason for European exploration. They were the first country to send out voyagers to the new waters in search of new lands. Portugal did not have sufficient lands to grow crops and was one of the poorer countries in Europe so
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Prior to 1490s‚ Europeans had already sailed down to west coast Africa and were having a long-established trade in African Slaves. Moreover‚ European expansion basis was the ambition for the trade and resources of Asia. They tried to expand further to Asia motivated by ambition for the trade and resources of Asia. Three centuries after Columbus’s discovery of America‚ various Europeans which are Spanish‚ Portuguese‚ French‚ English and Dutch were dominating Native American. They were occupying the
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In what ways does Burton Snowboards create utility for its different types of customers? Burton create utility for people who would like to enjoy a different type of activity in the snowing environment: • Form utility: Burton took the idea of building the snowboard from snurfer which use to be received as a toy modify its concept to create a snowboard that can be perceived as a winter sport activity. • Time utility: Burton’s snowboards products are available for people who enjoy snowboarding
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Burton Burton Snowboards takes surfing to the mountains‚ with premium snowboards and equipment. Jake Burton‚ the world’s first snowboard maker‚ founded the company in 1977 in Londonberry‚ Vermont. Despite it being small and privately owned‚ Burton is the industry leader in snowboards and equipment controlling 40% total market share in the winter sports industry. Burton is a global business with its main headquarters in Vermont‚ Japan and Austria and worldwide distribution capabilities in over
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CUSTOM VANS‚ INC. Where would you locate the two plants‚ and why? To determine whether the shipping pattern can be improved and where the two new plants should be located‚ the total costs for the whole transportation system for each combination of plants as well as the existing shipping pattern costs will have to be determined. In the heading identifying the combination being discussed‚ Gary and Fort Wayne‚ will be omitted because they appear in every possible combination. The derivation of total
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Case Study: Custom Molds‚ INC Case Study: Custom Molds‚ INC Custom Molds Inc.‚ manufactures custom designed molds for plastic parts and produces custom made plastic connectors for the electronics industry. Established in 1987‚ the primary focus was to provide manufacturers or electronic connectors a source of high-quality custom-designed molds for producing plastic parts. After building a strong brand reputation through the designing and fabrication of precision molds‚ Custom Mold’s expanded
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