Only a nominal fee of RM2 is charged to the customer on top of their fare fee. The rates follow the standard rates set by the government. Apart of that‚ to reach out to more customers‚ coupons and promotions are given out for ride discounts. A good marketing and pricing strategies has made these both companies popular among both drivers and passengers. As for Uber‚ the company has 2 different product
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Question 1 Why did IKEA decide to enter the Malaysian market through franchising? Do you agree with this strategy? What could have been alternative strategies? IKEA is one of the top sellers in furniture goods around the world. IKEA expanded to Malaysia and approaches high-risk market by franchising. IKEA used a conservative policy to globalize its business. IKEA never enters a new potential market by opening a retail outlet. IKEA sets up a supplier link with host country to reduce approach in which
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Introduction “Marketing communication is an ever changing field. New theories‚ new techniques‚ cultural changes and technological advances all combine to create a dynamic environment within which marketers try to ensure that their messages get through to their target audiences” (Blythe‚ 2006‚ p.2). Fill (2005) argues that marketing communications is the way in which organisations reach their target audiences or it is an “audience-centred activity” (Fill‚ 2005‚ p.9). This report aims to analyse
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Mini Case Chapter 11 a. What is capital budgeting? Capital budgeting is the decision process that managers use to identify those projects that add value to the firm’s value‚ and as such it is perhaps the most important task faced by financial managers and their staff. The process of evaluating projects is critical for a firm’s success. Capital budgeting is • Analysis of potential additions to fixed assets • Long term decisions; involving large expenditures • Very
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Chapter 6 (11ed. Ch.)4 Risk and Return: The Basics MINI CASE Assume that you recently graduated with a major in finance‚ and you just landed a job as a financial planner with Barney Smith Inc.‚ a large financial services corporation. Your first assignment is to invest $100‚000 for a client. Because the funds are to be invested in a business at the end of one year‚ you have been instructed to plan for a one-year holding period. Further‚ your boss has restricted you to the following investment
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Evaluate the industry structure of luxury goods industry(40%). Industry structure of luxury goods industry should be analysis from Porter’s five forces model which are threat of entry‚ threat of substitute products‚ the power of suppliers‚ the power of buyers and rivalry among existing competitors. Threat of entry depends mainly on the entry barriers and the likelihood and capabilities of actual players to retaliate. The barriers of new entrants can be technological‚ financial‚ strategic and
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7-ELEVEN A Marketing Study on 7-Eleven’s E-Commerce Expansion Prepared by: Bernardo‚ Maruh Michelle Cord-Cruz‚ Ivana Feliz Cruz‚ Justine Timothy Ortiz‚ Frances Sophia October 04‚ 2012 1|Page TABLE OF CONTENTS I. Executive Summary ……………………………………………………………………………. II. Situation Analysis ……………………………………………………………………………….. B. Market and Industry Analysis ……….…………………………………………………….. 1. Market Trends ……….………………………………………………………………… 2. Market Needs & Wants ……….………………………………………………………. 3. Target
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Context Executive summary Smythe model Consultant model Alternatives Recommanda tions/Limits Therachem is a pharmaceutical company created in 1950‚ and has a portfolio of 7 different products Performance: The company has a significant revenue growth of 68% over the last 3 years‚ driven mostly by Arthroquell Salesmen team: the sales rep’s job is to visit physicians and encourage them to prescribe Therachem drugs for their patients For the past 3 years Therachem
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Media assignment 2 notes. How does the advertising form influence the media product? When designing print ads to represent a product or service it can be very challenging for any designer as they have limited space to deliver their message effectively and clearly‚ so that the audience are converted into customers. The advertising form influences the media product. Billboards have to create a message very quickly as people passing by don’t really stop and pay complete attention so in this way
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Name of Case: Vetements Ltee Date Due: November 6‚ 2012 Problem Statement Who has to make recommendation/decision: Vetements Ltee Executives Has to do what: Adjust the incentive systems for both store managers and sales employees. Why: The sales employees began to engage in activities that had an adverse effect on inventory management‚ employee cooperation‚ and customer relations. When: Immediately To Whom do they make recommendation: To the store managers of Vetements Ltee retail
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