Evaluating two successful stores and two unsuccessful stores The retail industry is extremely competitive particularly during the current economic conditions when customers have limited spending power (Bloomberg‚ 2009). Therefore‚ it is crucial that the business owner assess all of the factors which determine the profitability of a store. Since the financial figures are unavailable for all of the different outlets‚ the success of the store will be assessed using the same physical factors which
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PRICE DISCRIMINATION What is Price Discrimination; Price discrimination is a pricing tactic that charges consumers different prices for the same product or service. In other worlds‚ price discrimination exists‚ when identical product or service transacted at different prices from the same supplier. Price discrimination allows a company to earn higher profits than standard pricing because it allows firms to capture every last pence of revenue available from each of its customers. While perfect
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insufficient evidence of recent history of traditional ownership of the land. This was a problem faced by many other Aboriginal and Torres Strait Islander communities. As well as that the High Court had ruled that the Yorta Yorta were required to pay for the legal costs of the
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extent to which the law reflects moral and ethical standards.” As societies morals and ethics constantly change the law must adapt to meet the needs and standards that society holds valuable. To ensure that the wider community is content with the legal system it is important for individuals to investigate how the law deals with certain categories of crime‚ as well as how well the law is dealing with the prominent issue. Societies changing values influence the process of law making and the implementation
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Price Differentiation vs. Price Discrimination Price differentiation and price discrimination: two terms used in Marketing and Economy. First of all‚ it is appropriate to make an accurate definition for both of the terms. Price differentiation is a pricing strategy that “charges different segments of customers altered prices for the same products or services.” Likewise‚ we can meet with the same definition if we look for price discrimination definition. Then‚ is there a difference between price
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TOPIC: ADMINISTERED PRICES AND OPEN MARKET PRICES: ANALYSE WITH THE HELP OF CONSUMER BEHAVIOUR. SUBMITTED TO: MR.MANDEEP SINGH SUBMITTED BY: SABA MASOD ROLL NO: B43 Sec :-sm1001 Index 1.Introduction 2. Review of literature 3. Administered price and consumer behaviour. 4. Open market price and consumer behaviour.
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Price / Earnings Ratio Q1: (Introductory) What three alternative measures of the price-earnings ratio (P/E ratio) are described in this article? Answer: Following are three price-earnings ratio described in the article: 1. P/E ratio 2. “Forward” P/E ratio 3. “Trailing” P/E ration Q2: (Advanced) Which of the three measures matches the definition of the P/E ratio given in your textbook? Explain your answer. Answer: Books has only discuss the simple P/E ratio‚ PE ratio measures how much investor
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Legal Studies. Man jailed for crime spree A man from Gin Gin‚ west of Bundaberg in south-east Queensland‚ has been jailed for stealing more than $32‚000 during a seven-month crime spree. Anton Michael Janezic‚ 39‚ pleaded guilty to 34 charges including fraud‚ theft‚ drug and driving offences between September 2009 and April last year. Of the fraud charges‚ 15 relate to activity in the bank account of Duingal man‚ Robert Pitman‚ who was found dead in his caravan after a fire last April. Magistrate
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Evaluating learning and development Contents Evaluating learning and development 1 Definition: 2 Learning and development approach: 2 The significance of learning and development for organizations: 2 The importance of evaluating learning and development activities: 3 The purpose of evaluation learning and development: 4 Connecting learning‚ development and evaluation to business policy: 4 Learning and Development Methods of Evaluation: 5 Learning and Development Analysis: 6 Issues
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EVALUATING THE CEMENT INDUSTRY –PORTER’S MODEL The model of the Five Competitive Forces was developed by Michael E. Porter in his book “Competitive Strategy: Techniques for Analysing Industries and Competitors” in 1980. Since that time it has become an important tool for analysing an organizations industry structure in strategic processes. Porter’s Five Forces Model is probably the most widely used tool in business strategy. Porter has identified five competitive forces that shape every industry
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