The unique requirements of the additional 3P’s—people‚ physical evidence‚ and process are driven by the particular characteristics of service—intangibility‚ inseparability‚ variability‚ and perish ability. These characteristics also pose more marketing complexities which require different management activities. All services are experiences—some are long in duration and some are short; some are complex and others are simple; some are mundane‚ whereas others are exciting and unique. (Wilson‚ Zeithaml
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1. SPRICE: selling price of home‚ dollars LIVAREA: living area‚ hundreds of square feet AGE: number of beds BEDS: number of baths BATHS: =1 if lot size > .5 acres‚ 0 otherwise LGELOT: age of home at time of sale‚ years POOL: =1 if home has pool‚ 0 otherwise | SPRICE | LIVAREA | AGE | BEDS | BATHS | LGELOT | POOL | Mean | 123693.9 | 16.75 | 21.86 | 3.29 | 2.13 | 0.06 | 0.07 | Median | 109500.0 | 16.00 | 19.00 | 3.00 | 2.00 | 0.00 | 0.00 | Maximum | 713000.0 | 49.00
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The Gap Inc. business strategy is a combined of cost leader and differentiation. The company provides a highly competitive price with some differentiated fashion features. As a cost leader‚ Gap supplies the similar products at a lower price‚ uses the simple design‚ and applies a tight cost control system to its store space. At the same time‚ Gap also equipped with some unique product features. The company has variety products designed for different group of target customer‚ like GapKids and Banana
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Case #4: Bridging the Gap As customers once knew‚ The Gap was a popular fashion apparel store that attracted many people to it. However‚ this is no longer the case in the present day. So what happened? According to the case‚ competitors are gaining market share with cheaper and fresher fashion designs. One of the problems Gap (including other retailers) is the rising costs of raw materials. Gap said this would force them to raise their prices on items by 20 percent‚ but the customers
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Corky’s Barbecue Restaurants SWOT Analysis Louis Gladney MGT 450 Professor Darryl Jones July 30‚ 2012 Corky’Barbecue Restaurants SWOT Analysis Corky’s Barbecue (BBQ) is one of the oldest BBQ restaurants in the Memphis‚ Tennessee area who is well known for its great tasting and unique flavor. The BBQ business is one of the most competitive businesses in the South and with the complexity and ever changing environment we live in‚ competition
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In 2000 the digital music was the next big thing in how consumers listen to music. The technological shift in music changed how the relationship is between the artists‚ recording companies‚ promoters and music stores on how they operate today. In the late 90’s and early 2000’s Peer-to-peer (P2P) networks allowed free exchange of music files with companies like Napster and Kazaa was a big step that allowed consumers to store large libraries of music. With the cost of hard drive space going down;
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Environmental Analysis The global foodservice sector continues to feel the pressures of the economic recession‚ unstable food and energy prices‚ a fragile housing sector‚ and depleted consumer confidence. Industry players continue to focus on brand differentiation and value-added products to attract consumers. Food demand is rising in tandem with the global population. Increasing urbanization and a general population shift from rural areas to urban areas is causing a change in lifestyle trends
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This essay‚ published by The New York Times and written by the journalist Claire Cain Miller‚ establishes a counter argument for the position that many people have taken on the issue of the gender pay gap. Miller and Harvard labor economist‚ Claudia Goldin‚ established the view that the pay gap is because of gender and not because of comparisons between the different jobs that males and females take. Being informed is essential to finding solutions for an issue and in this essay Miller informs her
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Gomez‚ Nancy Guadron‚ Paula Clark‚ and Tyann Peres An Operational Analysis of Subway Restaurants University of Houston-Downtown MGT 3332 Summer 1 Dr. Steven Coy An Operational Analysis of Subway Restaurants University of Houston-Downtown MGT 3332 Summer 1 Dr. Steven Coy Team Aces came to an agreement and decided to conduct an operational analysis of various Subway Restaurants throughout the Houston and Katy area. Each team member was charged with the task of visiting
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Gap Analysis: Global Communications Running head: GAP ANALYSIS: GLOBAL COMMUNICATIONS 1 Gap Analysis: Global Communications Gap Analysis: Global Communications Gap Analysis: Global Communications We will be looking into a localized company called Global Communications and see what the global markets did in bring this company from a position of confidence as a local 2 telecommunication company to one that lost half its value. We will view the steps that they took to begin to play on
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