CHRISTIAN SERVICE UNIVERSITY COLLEGE DEPARTMENT OF BUSINESS STUDIES PRICING AND ITS EFFECTS ON CONSUMER BUYER BEHAVIOUR BY ISAAC OFORI MANU SHIRLEY ANNOR PRISCILLA ADJEI ERIC OFOLI ANANG MARY ABENA FORDJOUR JULY 2011 STATEMENT OF AUTHENTICITY We have read the university regulation relating to plagiarism and certify that this report is all our own work and do not contain any unacknowledged work from any other source. We also declare that we have been under supervision for this report herein
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SALIENT FEATURES OF RANGARAJAN PANEL’S FORMULA FOR GAS PRICING: • The new formula‚ if implemented‚ will lead to a near doubling of prices to around $8 billion per mBtu • The Rangarajan Committee’s formula is based on the weighted average price of natural gas in North America‚ Europe and Japan markets as well as imported liquefied natural gas. • These guidelines shall apply from 1st April‚ 2014 and shall be applicable for five years after which market discovery price could be adopted as per the
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imitate for competitors. There exists a strong relation between organizational learning and innovation and the innovation is important as a source of competitive advantage. One of the variables of
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which was purchased by its customer. For a majority of products price is determined in a free market by the forces of supply and demand. Also price is one of the 4 elements of Marketing Mix. Pricing strategies are only the medium or long-term pricing plans that a business adopts. There are some main pricing strategies: Price skimming is often used when a new innovative product is launched onto the market. The risk that this product will face competition in the short term is very low. So by setting
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ECONOMICS AND STATISTICS. | WHAT METHODS SHOULD BE TAKEN TO AVOID THE IMPORTATION OF PETROLEUM PRICING IN NIGERIA. | MAT NO: SSC0905121 | OWOYOMI OLUWATOSIN ADEDAPO 2/4/2013 | Oil products are derived from crude oil and they include petrol‚ diesel‚ kerosene‚ natural gas‚ bitumen. Oil was discovered in Nigeria in 1956 at Oloibiri in the present Bayelsa State‚ after a century of searching (Dharam‚ 1991)‚ Nigeria is the largest oil producer in Africa and has been a member of the Organization
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theories that try to help us understand and explain why crime occurs. In their article‚ Lynch and Groves advocate the approach known as radical criminology. Radical criminologists believe crime is linked to a society’s political and economic conditions especially in capitalist cultures like the United States (p. 372). Deriving their position from Marx‚ radicals believe that four conditions relate to occurrence of crime: a) capitalism is based on inequalities between those who own and those who
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each. HUL’s approximate market share in toilet soaps is 46% and about 36% in detergents. Analysts said the company will have better pricing power in the key business while volume growth in these categories too is estimated to be in double digits. After discounting prices on toilet soaps and detergents to grow volumes‚ the company in FY11‚ took a corrective pricing action in both categories‚ as input costs rose. According to annual report‚ the company had lost around 590 basis points (bps) of market
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1. The previous reading on Islam from the Bilhartz textbook did connect to the the web article and the web video regarding Sufism and Radical Islam. Bilhartz explained that the term "Sufism" derived from ascetics who " adopted the custom of wearing austere garments made of suuf‚ the Arabic word for wool" (2006‚ p. 117). The practice of wearing wool garments was to reject worldly clothing. This may explain the origin of the word Sufi‚ which is the Arabic term for "mystic" and is used to describe the
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in order to maintain the necessary internal environmental conditions to survive. These toxic molecules are known as free radicals that contain an unpaired electron on the outer orbit (Proljsak et al.2013). Some examples of free radicals that can be found in the cell are superoxide (O2-)‚ hydrogen peroxide (H2O2) and even reactive metals like copper and iron. These free radicals are produced based on the environment the individuals are exposed to. For instance the energy generated when cells discompose
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A lot of research is being done on mass media’s effect on its audience‚ which has sparked up a lot of controversy. As technology is becoming more advanced‚ new methods of uncovering medias effect on society has emerged. Within society today the media plays a role in not just entertaining but informing various audiences. With its assortment of different mediums‚ ranging from television to print‚ and with over half the worlds population being subject to a form of media at some point. It is fair to
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