Assignment Number: 1 Assignment Title: Assignment 1 Lecturer: Tutor: If this assignment has been completed by a group or team: 1. Each student in the group must complete and sign a separate coversheet. 2. The assignment will be returned to the student in the group nominated below.* This assignment was completed in a group or team: YES / NO (circle or delete as necessary) Number in group or team: This assignment should be returned to the student named on this coversheet: YES / NO (circle or delete
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Differentiation tools There are a lot of different differentiation tools that a company can use. These differentiation tools are used to distinguish yourself from other company’s. Company’s can make use for example product differentiation‚ service differentiation‚ personnel differentiation‚ image differentiation and channel differentiation. Product differentiation: This is the product of a company. Company’s can vary there products very much here. For example you can vary in shapes‚ but
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This strategy is developing new IT features to differentiate products and services. It also use IT features to reduce the differentiation advantage of competitors and to focus products and services at selected market niches. In 1971‚ FedEx began to offer overnight package delivery by air. At that time‚ Fred Smith found that U.S. Postal Service and United Parcel Service (UPS) also taking several days to deliver packages. Therefore‚ Smith started the overnight delivery and he charges higher prices
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9/1/2011 By Joanne Sammer Economic uncertainty in the U.S. and elsewhere is causing many companies to limit their salary increase budgets. However‚ employers can find ways to supplement current financial rewards by paying more attention to the nonfinancial rewards they provide to their employees. “We typically see more emphasis of nonfinancial reward programs when times get tough‚” said Tom McMullen‚ Hay Group’s North American reward practice leader. “But these programs also tend to
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Running head: INTERNATIONAL PORTFOLIO DIVERSIFICATION International Portfolio Diversification International Portfolio Diversification Globalization resulted‚ among other things‚ in a noticeable increase in foreign trade and investment worldwide. For individuals‚ the main type foreign investment is foreign portfolio investment (or foreign indirect investment) which is “the investment by individuals‚ firms‚ or public bodies (e.g.‚ governments or nonprofit organizations) in foreign financial
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Product differentiation is a marketing strategy that creates differences from other competiting products by focusing on its unique characteristics and features. The organizations target one market segment or the entire market by using this strategy. (Cravens‚ p110) The coca cola company has introduced Coke Zero as new product and focused to make it different from other products. The company has introduced Coke Zero to compete Pepsi Max and has become the most successful product in the history of
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so widespread‚ is so indistinct. There were times between the 1960s and 1990 when Unilever appeared amorphous. It was not merely that the corporate name was not found on any brands or local companies. It was also the sheer spread of businesses it owned beyond packaged consumer products‚ including African trading‚ plantations‚ specialty chemicals‚ paper and packaging‚ transport‚ advertising‚ and market research companies. Unilever‚ which seems at times to resemble more of a holding company or conglomerate
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MCC 1998 Smart Car was launched Oct. SIT was launched ? hits on Swatch homepage was 13M/mo. II. CASE PROBLEM How can Swatch Internet Time become a tool for brand enhancement and brand awareness for The Swatch Group? III. ANALYSIS The Swatch Group Competitive Environment · Timex held 30.6% of the U.S. watch market in 1998‚ compared to Swatch?s 1.6%. Other Swatch Group brands held less than 1% - Hamilton (0.7%)‚ Tissot (0.7%)‚ Omega (0.5%)‚ and Rado (0.2%). · The core competencies of Swatch lie in
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CASE 3 – SINGAPORE AIRLINES GROUP IDENTIFY ISSUES 1. Global financial crisis (mid 2007 onwards) - further burdened by the collapse of some of the largest financial institutions in the world. b. As demand for air travel is significantly impacted by income levels‚ customers tend to be more price sensitive during crisis time and will usually opt for budget travel or in some cases will not travel at all. c. Led to reduced demand for travel d. Airline reduced the passenger and cargo capacity
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DIVERSIFICATION AND FIRM PERFORMANCE: AN EMPIRICAL EVALUATION Anil M. Pandya and Narendar V. Rao Abstract Diversification is a strategic option that many managers use to improve their firms’ performance. This interdisciplinary research attempts to verify whether firm level diversification has any impact on performance. The study finds that on average‚ diversified firms show better performance compared to undiversified firms on both risk and return dimensions. It also tests the robustness of these
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