examination but it was still quite okay until something drastic happened… Noticing my glum expression‚ Emily relented at last. “Shall we go and get an ice-cream?”She suggested. I immediately brightened up at the prospect of a refreshing dessert. We headed towards our favourite ice-cream shop and she paid $3 for herself and me. Appetising ice-creams in hand‚ we leant against the railings‚ watching the shoppers pass by below us as we enjoyed our desserts. As I savoured the sweet‚ creamy taste of the
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Perceptual Maps in Marketing The use of perceptual maps is a strong tool in the marketing world. Perceptual maps visually represent what the consumer thinks about a product or brand. To make a perceptual map several attributes of the product are placed on different axis and from that point a grid is made to represent how strong or weak the consumers view each attribute. Making a perceptual map is a good way for mangers to decide on a good marketing strategy for the product‚ and which attributes
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SELECTA ICE CREAM I – EXECUTIVE SUMMARY Selecta’s humble beginnings can be traced to the Arce family’s ice cream parlor in Manila in 1948. Its ice cream was well-known for its creaminess‚ authentic flavours‚ and unique gold can packaging—qualities that remained throughout the years. In 1990‚ RFM Corporation bought Selecta from the Arce family to form Selecta Dairy Products‚ Inc. Known for its sharp entrepreneurship‚ RFM catapulted the rise of Selecta as a serious contender in the ice cream
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SAMPLE BUSINESS PLAN Fast ‘n Fresh Premium Ice Cream Parlor 858 Success Avenue Valley City‚ CA 93xxx 559-000-0000 (T) – 559 – 000-0000 (F) Prepared By J. B. Entrepreneur Submitted To: Valley City National Bank 2461 Money Avenue Valley City‚ CA 93xxx Foreword This sample business plan was prepared by Craig Gonzales‚ undergraduate student‚ and by Dewey E. Johnson‚ Ph.D.‚ Professor of Management and Director‚ Small Business Institute‚ Sid Craig
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Expected Return=E(R_(ASSET ) )= ∑_(i=1)^n▒〖(P_(i ) 〗 x R_(i ))=(P_(1 ) x R_1 )+(P_2 x R_2) E(RICE CREAM) = (.50 x -.02) + (.50 x .20) = -.01 + .10 = .09 or‚ 9% E(RFRISBEES) = (.50 x .06) + (.50 x .12) = .03 + .06 = .09 or‚ 9% E(RUMBRELLAS) = (.50 x .15) + (.50 x .03) = .075 + .015 = .09 or‚ 9% Variance=Var(R)=σ^(2 )= ∑_(i=1)^n▒〖{pi x [Ri-E(R) ]^(2 )}〗 Var(R_(ICE CREAM) )= .5 x (-.02- .09)^(2 )+ .5 x (.20- .09)^2= .0121 Var(R_FRISBEES )= .5 x (.06- .09)^(2 )+ .5 x (.12- .09)^2=
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potatoes with various species has a sweet smell. The ice cream mix is liquid‚ it is thick and creamy; it is tasteless similar to milk and is white in color. After the sweet potatoes mix‚ which consist of‚ cinnamon‚ butter‚ sugar‚ nutmeg‚ pecans‚ and sweet potatoes was added to the ice cream mix. The mix turned a light orange color. The color adds to the appeal of the product because it is orange just like sweet potatoes. The texture of the ice cream is not smooth because of small pieces of sweet potatoes
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Understanding Perceptual Maps What is a perceptual map? A perceptual map is of the visual technique designed to show how the average target market consumer understands the positioning of the competing products in the marketplace. In other words‚ it is a tool that attempts to map the consumer’s perceptions and understandings in a diagram. The word ‘perceptual’ comes from the word ‘perception’‚ which basically refers to the consumers’ understanding of the competing products and their associated attributes
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The history of ice cream Ice cream was first introduced to Thailand a hundred years ago during the reign of King Rama V. It was first served as a royal delicacy. The Thais saw ice cream as an “It” desert and people who had tried it were regarded as modern and fashionable. The tale of ice cream The origin of ice cream can be traced back to 62 A.D in the time of the Roman emperor Nero who invent chilled delicacies made from snow and flavored with honey and mixed fruits. This dessert was usually
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PAPA ICECREAM Ice Cream has been an apple of consumer eyes for many years. Many have patronized this dessert which is evident during summer season and even after meals. Ice cream is an indulgence for its sweet‚ mouth-watering goodness‚ and sometimes a stress reliever for some people. Ice Cream evolves through it manages to unfold to a whole new delight and surpassed its being just a hot quencher through innovations and experiments Ice cream can now be serve as snack_‚ a healthy delicious product
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Perceptual Maps in Marketing Thorr Motorcycles is a company that manufactures 200‚000 motorcycles a year. It also licenses T-shirts‚ shoes‚ leather goods‚ toys‚ and other consumer items. The company currently has a high-brand image manufacturing high-end motorcycles and owns approximately forty percent of market share. The challenge for Thorr is that the industry is growing‚ but sales of its high-end product are decreasing. The reason for this loss of market share is that the target customers of
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