Essays on Substitute

Abstract

Using the regression equation and given values of independent variables, we estimated the elasticity of each of them and ascertained that the product is highly elastic to price levels and therefore, the firm can consider to decrease the price levels in order to increase their market share. At the same time, cross elasticity and income elasticity were also significant in relation to the demand of the product, although advertisement expenditure has negligible impact on the product’s demand. Hence, own price, price of related goods and income of consumer are three major factors which the firm should incorporate while ...

Introduction

Genting Singapore is an international hospitality company that deals with integrated resort development and gaming (Genting 2017). Specifically, the company builds integrated resorts and runs casinos as its core business. It also consults for the hospitality industry businesses and investments in the area of sales and marketing support. Besides, it offers information technology services such as software development, systems integration and maintenance among others. Its markets of operation include Singapore, Malaysia, Philippines, the Bahamas, Australia and the UK. The company that began as Genting International was first listed on the Singapore Securities exchange in 2005. It acquired the Stanley ...

5 Forces Case Report: The Air Express Industry Case Questions

Introduction

The air industry in the US dates back the early 1970s and its growth and development was gradual and based on numerous factors. In the initial period of operation, the industry particularly dealt with small packages and the entry into the industry was challenging due to the environment characterized by significant regulations. It is essential to understand the primary factors which led to its growth and development to its current status. First, the deregulation in the industry is attributed with significant changes, which allowed Federal Express, which was among ...

<<Name>> <<Professor Name>> <<Subject>> <<Date>>

Michael Porter’s Five Forces include - the threat of new entrants, threat of substitute products or services, bargaining power of buyers, bargaining power of suppliers and competitive rivalry between firms. We will apply this framework to the soft drinks industry. 1. Porter’s 5 Forces

Threat of New Entrants: Medium Pressure

The threat of new entrants is quite real for the soft drinks industry today. The consumer is becoming more health conscious. Many governments are instituting legislation to curtail the use of sugary soft drinks like Pepsi ...

American Public University

1. Compute the elasticities for each independent variable. Note: Write down all of your calculations. The demand estimation as follows: QD = -3,500 - 150P + 30A + 75PX + 10Y. When P=300, A=750, PX=200, and Y=10,000. Placing these numbers into equation: QD=-3,500-150(300)+30(750)+75(200)+10(10,000)=QD=-3,500-45,000+22,500+15,000+100,000=89,000. Under given these numbers, we have 89,000 products demanded. Price elasticity of demand is [d(QD)/d(P)]/[QD/P]. Therefore, we take a derivative of the function subject to price, and we assume other variables do not ...

Acesulfame potassium is a calorie-free sweetener which is about 200 times more intense in sweetness compared to the normal sugar, and it has been around and in use in thousands of food products in 1988, In other words since the time, it was declared safe for the purpose of consumption. Acesulfame potassium was first discovered in Germany by Karl Clauss and H. Jensen in the year 1967. This was when the two researchers mixed butane with Fluor sulfonyl isocyanate and licked the solution when some of it spilled. The sweet taste was what gave Clauss the idea of using ...

Interview with a pharmacist

Interview:

Apparently, over the counter medications are those that can be sold to the client without necessarily having any prescription by the provider. The Food and Drug Administration has been at the forefront in monitoring the adherence to issues of over the counter medications so that pharmacists do not sell other medications not classified as OTC. Similarly, the FDA has over time made changes and reviews on the regulations and rules that guide OTC medication sales (West, Wilk, Rae, Muszynski, Stipec, Alter & Regier, 2015). One of the emerging issues that have affected the pharmacists is the introduction of a ...

ASSIGNMENT ANSWERS

Question 1 Price Elasticity of demand (PED) can be defined as the measure of the relationship that occurs between the difference of the quantity which is demanded for one good and the difference in its price. It helps to discover to what extant good is sensitive to changes of the price (Cordes, Ebel, Gravelle 2005). The formula for PED = % Change in Quantity demanded / % Change in the Price. A product is sad to be price elastic or responsive to price changes when a small change in price causes a more than proportionate change in the demand of the product. ...

Introduction

Businesses have a common goal of achieving success and uniqueness that helps them to stand a mile ahead of their competitors (Chattopadhyay et al., 2012). However, over the recent years, many companies have embraced the concepts of merger and acquisition in efforts to exploit their business potential fully. Mergers and acquisitions are important drivers of growth for a particular organization. Companies have come up with business and international level strategies that will help them to yield high profits. The Kellogg Company has acquired companies and the Publix Supermarkets, Inc. have not acquired mergers and solely operates within the U.S. ...

Assignment 5: Capstone

Abstract Dell Inc. deals with manufacturing and selling of personal computers and other computer accessories. Turbo PC was the first product produced by Dell Company, which has experienced gradual growth since its foundation. Various strategies and policies have led to the success of the multinational company over the years. Therefore, the paper covers the effect that the mission, vision, and primary stakeholders of Dell has on its success. It highlights the effect of the six segments of the environment on both the firm and the industry. It also focuses on the SWOT analysis and five (5) forces of competition ...

In the case of Kelly’s Beauty Salon, there is a new competitor who is moving in close proximity to her business. Kelly is aware of the implications that this will have on business, hence she seeks to develop a solution that will mitigate the threat of a substitute service and new entrant. The new competitor changes the nature of business in the area as the Hair Cuttery becomes an existing competitor, hence there are also implications for buyer power and supplier power. Kelly chose a cost leadership strategy as the foundation for overall business strategy, and cost leadership ...

People’s budget, income, and substitution effects are connected in demand theory. If the price of some product (beef, for example) is growing, and income (budges) stay on the same level, people start to substitute this product with another (cheaper). These actions are called substitution effects. In case of beef, such a substitution products could be pork, poultry, etc. Substitution effect is one of the core principles of behavioral economics (Hursh, p. 435). People always react to any economic changes, and the most common reaction to changes in prices is changes in budget dispersion. With the same level of ...

Analysis of Costa’s Activity

Business Activity Costa Coffee is the UK’s favorite coffee shop and one of the world’s leading coffee brands, serving premium coffee in .. countries around the globe (Costa official website, n.d.). The company uses Arabica and Robusta beans, originating from 70 countries situated at the Bean Belt region, in the equator, going through a rigid process of cropping and roasting, to assure the top quality coffee served in Costa’s shops (Costa official website, n.d.). Therefore, the scope of Costa’s activities refers to selling premium coffee through dedicated stores. It also includes selling coffee through vending ...

Analysis of Strategic Options and Recommended Action

This report will analyze the strategic positioning of Comcast Corporation, an American based multinational company that offers television, cable TV and Internet services to its consumers, and come up with the best way of making the company as competitive and productive as possible. This paper will focus on the company’s internet service provision branch and analyze how well the company can do in the US market as well as on the global scale when compared to its rivals. The macroeconomic and microeconomic aspects of the company’s operation will be taken into consideration during this process of analysis.

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WORD BLOG

The XYZ Company is an oilfields company that has developed unique strategies that allow it to achieve superior performance by expanding consistently and challenging organizational boundaries. However, these policies fall under the category of Red Ocean strategy that focuses mainly on existing competition in the industry (Hill, et. al, 2014, p. 5). Therefore, there is the need for the company to embrace the blue ocean strategy to expand the boundaries and the market space. Blue ocean strategy refers to the creation of an undiscovered and new market space for a company. The approach ensures that a new customer network ...

YOURNAMEHERE

YOURSCHOOLHERE “How long can a human being survive without water?” That seems like a simple question. Packer (2002) points out that this seemingly simple question is not simple at all. Various factors mean that the answer can be anywhere from a few hours to several days. Regardless, though, one thing is clear. Water is necessary for life. The Earth (capital “E” for our home world) is unique in the solar system with its vast supply of liquid water (Blue Planet, n.d.). Since a human body is 60% water, this is obviously a substance of some importance (The Water In ...

Abstract and Description

Atlantic Cooling Services & Technologies is a US-based company providing full-stack cooling services for the businesses and individuals. With more than 30 years in business, the company is one of the vastly experienced players on the United States cooling market, providing a unique fusion of rich experience and the most state-of-the-art developments in cooling technology. The company positions itself as a ‘one-stop’ solutions provider for its customers, i.e. it provides all services required for constructing, maintaining and demolishing a cooling tower or a water tank. The expertise domains of the company includes customized design and construction of the cooling towers ...

Question 1

Conditions That Will Exist If Tuition Is kept Below Equilibrium Price When the tuition is set at a fee which is below the equilibrium, the demand will be more than the supply; thus there will be a distress situation that is not conducive to education. This would show a good effort by the government, as people will see it as a show of constructive and admirable strength by the government to make education relatively cheap. The effect of this is an increase in the number of students’ intake and in a great way and educated society. This situation is ...

SWOT Analysis

The SWOT analysis is a tool used in the evaluation of the internal environment, where the organization conducts an analysis of its strengths, weaknesses, opportunities and threats. The Sony retail company in London has low product diversification, making it vulnerable in the face of the businesses that have a broad range of goods. The threat posed by the competitors is real. Many players in the DVD/CD and video games market have emerged, and the management is concerned that it is becoming extremely hard to retain dominance of the market (Williams and Chinn, 2010, P.426). Several Substitute products are available ...

YOURNAMEHERE

YOURSCHOOLHERE C13 Economics Assignment 08 Part 1 Monopolies develop in several ways (Vandewetering, n.d.). There are “natural” monopolies that emerge from the scales of some businesses. Electric generation utilities, for example, require multi-million dollar investments in the plant and more millions to build the distribution infrastructure. At these levels of entry costs, virtually no competition can develop. Some monopolies develop around ownership of a scarce resource. The DeBeers company, for example, controls a large percentage of the world’s supply of diamonds. The third form of monopoly is the result of government action. For example, patent and copyright protection ...

Artificial blood

Artificial blood is a derived product that acts as a substitute for the red blood cells present in the body (Sódar, et al. 2016). In comparison to true blood, the purpose of artificial blood is to transport carbon dioxide and oxygen to all parts of the body. Based on current evidence, artificial blood can be developed or prepared by recombinant biotechnology, chemical isolation, or through synthetic production (Sódar, et al. 2016). The concept of plasma in artificial blood was first introduced in the early 1600s (was also known as blood substitutes). The search for true blood substitutes ...

Question 1

Two Criteria that are used for the Selection of Companies to be bought or retained in GE’s Portfolio of Companies based on the Case The GE Company is regarded broadly as among the sphere’s most successful companies of the 21st century. When Welch started his job as the General Electric CEO in 1981, he commenced on a comprehensive change of GE’s approach; introducing a current era of internal efficiency and performance management. Jack Welch’s profit direction, which was aimed at developing wages of 1.5 intervals to dual of the GDP development rate and the management ...

Final Assignment (Microeconomics)  

Consumer goods are products purchased to meet personal needs of consumers, family and household consumption. Consumer products with regard to the nature of consumption (the degree of durability) can be durable goods (i.e. used for a long time (cars, refrigerators, cell phones, furniture, TV sets)); and non-durable goods (i.e. consumed immediately (bread, cigarettes, drinks) or in divided doses (soap, toothpaste, washing powder), including disposable goods (once consumed) and services (the object of sale in the form of actions, benefits or satisfaction)) (Krugman and Wells, 2012). Consumer goods cannot be used for industrial production, since they do not have the ...

PPQ Parts Strategic Plan

Introduction: Environmental Scanning Environmental scanning is defined as the watchful and diligent monitoring of a company’s internal and external settings. It opposes to the concept of ‘surveillance’, which is restricted to a focused goal or a particular sector (Black's Law Online Legal Dictionary). The early detection of both threats and opportunities is crucial to underpin a company’s strategic planning. Such growth is unlikely to be supported by its United States operations, where its 5,000-person workforce is employed. Management acknowledges such fact and has determined that new international facilities will be necessary. Furthermore, a high level of ...

“My So Called Life” was a show on ABC that centered on the Angela Chase and her friends in high school. Angela is 15 and is trying to separate herself from her safe existence by befriending people who are out of her normal comfort zone. Rayanne Graff is Angela’s friend, she is being raised by a single mother and is rebellious. Rayanne suffers from a possible drug and alcohol addiction as she overdoses at one point at a party. Rickie Vasquez is 15 and Rayanne’s best friend. He is also bisexual and likes to wear make-up, and ...

In production, when the price of capital changes due to the relative change in labor than capital becomes cheaper and labor dearer. The capitalist then substitute the cheaper one for the costlier one. Figure 11.4, 11.5,11.6 In the figure 11.4 shows the VMPL curve, which is MPL multiplied by price of the output. The curve is diminishing which shows that the amount capitalist will add to increase his revenue by hiring one more labor at different levels of employment. The figure 11.5(a) shows that in the labor market the part of the labor that will be employed ...

Business

Assignment 1 Business Model of Dollar General Corp The business model can be described in terms of value proposition, market segment, value chain structure, revenue generation and margins, position in value network, and competitive strategy.

Value Proposition

Dollar General Corp is facilitating customers with household needs, and is providing variety of products of general merchandise. It is providing items at everyday low price in small box stores that are conveniently located. The strategy of the company is to satisfy needs of customers by providing them convenience, quality products at low price, and help them in saving money.

The company is serving ...

Dr. KJ is a registered pharmacist who works as the head of the pharmaceuticals department in hospital M. He holds a baccalaureate in nursing from the Nova Southeastern University. He is currently pursuing a doctorate program in the pharmaceuticals field and has already completed four years plus the required pre-requisites. I sought to have a one on one with him with the intentions of having him expound on several issues surrounding the profession. To this effect, therefore, we planned for an interview with him in his office at hospital M to help in seeing to it that this objective ...

American Public University

Technological development is expected to provide a more comfortable life for people. However, there is no certain scientific proof that exhibits that technological development could assist us to solve poverty problem or any other social issue based on limited natural resources. The primary expectation is to substitute limited natural resources with capital and solve the satisfaction problem of people. In this paper, I will discuss two main issues with food production: conventional farming and genetically engineered food. Also, I will consider Malthus' law of population to indicate that even technological development cannot create desired conditions for a large world ...

Vaping vs. Tobacco

Introduction Vaping vs. Tobacco

The financial issue is one of the major areas that are highly debated when discussing vaping and tobacco. Various states have large tracks of a tobacco plantation and that the amount of tobacco sold forms more substantial portion of the country's revenue. Smoking is known to create tremendous wealth, majorly for the government, which has been the leading cause of all conflict of interest. Government revenue is, to a greater percentage, connected to cigarette sales. Tobacco forms a larger part of revenue for huge transnational industries, which results to external factors having a strong influence ...

About the company

Spirit AeroSystems designs and builds aerostructures for both commercial and defense customers. The headquarters of the company is in Wichita, Kansas, Spirit and the main markets are North America, Europe and Asia. It was founded in 1927 by aviation pioneer Lloyd Stearman. Two years later the company was bought by Boeing. The current name company received in 2005 Major products of AeroSystems are fuselages, pylons, nacelles and wing components. The company focuses on innovative composite and aluminum manufacturing solutions to support its customers in each part of the world, where it is presented. The company has more than 16, ...

Product Market Analysis

Product/Service Mix With an experience in the airline industry of over four decades, Southwest Airlines has polished its low fare flying policy. Economy flying across various United States destinations is SA’s main product that has become an eponymous for the company (Southwest Airlines official website, n.d.). Its product mix includes rapid check ins, two free checked pieces of luggage under specific sizes and weight, no reservation policy and a friendly crew that engage travelers during their flights, which is SA’s personal signature (Southwest, 2014). Southwest product differentiates from other airlines’ products because it comprises the largest Boeing ...

Corporation «BellaCosmetics» created in December 2002 is a commercial organization, one of the main activities is the development and sale of goods for beauty and health. Greatest fame and popularity gained following the development of the company: cosmetics, "bio-cocktails" and oxygen cosmetics, which includes a unique transdermal oxygen carrier - AquaTem (trademark). «BellaCosmetics» is an open joint stock company. In a short time the company has become a unique multi-level enterprise, which includes a major research center, a large independent production, powerful service and training centers. Laboratory and mobile marketing service direct their activities, knowledge and efforts to improve ...

Absenteeism in Workplace

Introduction Absenteeism is one of the reasons that have a negative effect on the employee and the workplace. As the majority of businesses are dependent on their employees working in teams and completing tasks assigned, it becomes challenging for completing work tasks when employees are absent. Employee absenteeism can be expensive when it it becomes habitual as businesses suffers from the non-completing of tasks and increased burden on other employees. Absenteeism is also linked directly to the fall in productivity of teams within businesses, and organization uses other employees and hires supplemental employees to ensure their work is not ...

Executive Summary

The study focuses on identifying the major issues related to Southwest Airlines. It uses internal, external, and financial analysis for the company and the results show that information system of Southwest Airlines, the risk of competition, lack of long route flights, and integration issues are the current problems faced by the Airline.

The internal analysis reveals that the company faces major threats in the market, and the specific threats are as under.

Competition, Legal infrastructure, Unemployment and inflation, and The shaky economy of the US. The SWOT analysis also explains that the company is dependent on different sources that create specific weaknesses for the business. The dependence of Southwest Airlines is provided below.

Revenues through passengers,

Single provider/supplier, Limited domestic presence, No ...

Pros of Ethiopia As An Investment Opportunity

The Ethiopian economy is essentially centered on agriculture, which actually account for more than 85% of Ethiopia’s total employment and 46% of its GDP. Similarly, the country has shown an impressive economic growth from the past few years. Ethiopia is one of the largest landlocked countries in sub-Saharan Africa and it is increasingly becoming a central point for the foreign investors seeking forthcoming investment opportunities in that particular region. According to IMF, Ethiopia is one of the firmest growing economies with approximately an average growth rate of 8.2%. The economy brightly expected to grow further. It grew 9.6% ...

Samsung Electronics

The name of the company is Samsung, which is a multinational conglomerate company. The link to the original website is www.samsung.com.

BACKGROUNG and HISTORY

Samsung is headquartered in Samsung Town, Seoul. The South Korean multinational conglomerate has numerous subsidiaries and affiliation with several businesses. The largest chaebol of South Korea was founded in 1938 by Lee Byung-chul. The business started as a trading company, but the group expanded itself by diversifying into areas such as textiles, insurance, retail, securities, and food processing. In the late 1960s, the company stepped in the electronic industry. Samsung was separated into four groups in 1987 following ...

Context

A classical fashion company, J.Crew faces challenges from various directions, demanding it to keep innovate, offering fashionable models, while maintaining its conservative style and reasonable prices (Strickland & Lindsay 200). With a fierce competition, conducted by reputable brands, J.Crew requires a turnaround strategy for enhancing its competitiveness in a time wherein fast fashion and authentic, luxury clothing are in a paradoxical relationship of contradiction and completion (Joy et al. 274).

PESTEL The microenvironment plays an important part in J.Crew’s current business performance. The political, economic, social, technological, environmental and legal factors (PESTEL) define the context that influences the company’ ...

Business Analysis of Google

Google is an American multinational corporation, specializing in the provision of internet and search engine services. The organizational financial position outlines sustainable growth and strategic fit. Over the past three years, the organization demonstrated 35% growth in basic revenue, reaching USD 75 billion by the end of the financial year 2015. Google is a no-conventional company with strong focus on innovation and research and development. The organizational mission statement is "to organize the world's information and make it universally accessible and useful”. Since the company was founded in 1998, it grew into a billion dollar business with the strong ...

1) “Once in a while—not quite often enough to be a crisis, but just often enough to be a trope—people in the United States will freak out because a huge number of highly popular websites and services have suddenly gone down” (Burrington). The phrase “gone down” makes the sentences ambiguous and can assign to it two different, but not mutually exclusive, meanings. The phrasal verb “go down” can be attributed to the number – then it will mean the reduction in the amount, and to the websites in the IT sphere – then it will mean that the website ( ...

Biopure cooperation a biopharmaceutical firm that is privately owned. It deals with the purification of red blood cells to come up with blood substitutes. Its main products are Oxyglobin, blood substitutes for animals and Hemopure, blood substitutes for humans. The company has invested millions of dollars in the production of its two products (Gourville 1). Both of the products have to undergo approval under the United States government’s Food and Drug Administration (FDA) before they are released and made public for use. One of the organization’s products, Oxyglobin has already been approved by FDA and is ready ...

Introduction

Founded in 1894, the Hershey Company had grown to become one of the biggest retailers in the chocolate industry. The company is strongly committed to its vision statement, which revolves around spreading goodness in every direction. The company is also greatly committed towards its mission, which is to happiness though sweet moments to their target audience, worldwide. (What We Are Made of, 2016) The company has divided its stakeholders into seven different categories, which are: investors, business partners, consumers, employees, interest groups, regulators, and communities and local government. Out of these seven, the company holds the following to be ...

Introduction

Costa Coffee is a multinational coffee company, founded in 1971 and headquartered in Dunstable, Bedfordshire. Founded by Costa family, the company started as a wholesale operation, working with specialist Italian Coffee shops. In 1995, the organization was acquired by Whitbread, who adopted very aggressive growth strategy, expanding the physical operation of Costa Coffee to over 2,800 shops across 30 countries. With over 1700 stores in the United Kingdom account for a major part of the total revenue of the company. Costa Coffee employs over 45,000 people and serves 25 million customers annually. Costa Coffee operations are complex, ...

Introduction

Brief profile of the video case The Video Cola War is a documentary about the competition between the two key competitors in the carbonated drinks market. In that respect, it provides an overview of the Cola industry and explains how Coca-Cola and Pepsi have been competing.

Description of the organizations’ position

Coca-Cola and Pepsi are the leading competitors in the carbonated drinks market accounting for about 75% of the market share. In 2004, Coca Cola’s pretax profit was about 9% of its sales (Nils, 2015).

Portfolio objective

Considering the video’s content, this report presents an analysis of the two companies’ strategies and the Cola ...

According to the modern market trend, the microwavable foods offered by brands such as Healthy Choice and Lean Cuisine have become a convenient option and an easy diet solution for busy people. These microwavable foods are easy to prepare and consume for the people having hectic lives. Thus, there are two growing competitors for this industry of low-calorie frozen, microwavable food. These two competitors have several common factors in their products such as product types and variety, nutritional level and price margin. However, according to the recent financials, Lean Cuisine and Healthy Choice, it had faced a significant drop ...

Individual Reaction to the Advent of Artificial Intelligence

Introduction Through advancements in science and technology, human beings have managed to create machines that work more or less in the same way as the human brain, performing tasks like mathematical calculations and language translations. This is what has come to be known as Artificial intelligence (AI) which is the kind of intelligence that machines exhibit when certain manipulations and programming is done to them. Some of these machines like the IBM computer, Watson, are capable of mimicking or performing certain cognitive functions that are normally associated with the human brain only. Artificial intelligence research thus deals with problems ...

English 1100

Today more and more people are getting the feeling that they are living a draft, and someday later, their life will be transmitted onto a clean copy. Trying to fill in the void inside, they still get no satisfaction. It leads to various outcomes, some better, and some worse. What people eventually want is a piece of happiness – an abstract term that everybody interprets individually. Elizabeth Renzetti and Gabor Mate each describe the factors that contribute to and symptoms that arise from loneliness and substance abuse, respectively. Mate claims that some people find chemical substances give them what they ...

Market Structure

In simple terms, market structure refers to the classification of the various types of markets, based on their unique features on how they allocate prices of a given product in the market. The aspect is primarily classified into two, which include perfect and imperfect market.

Oligopoly

Refers to a type of market structure where there are few sellers in a given economy with many buyers for the commodity. With oligopoly, the sellers have an influence on the commodity price in the market and can significantly affect competition. An example of a company to indicate the above case is the mobile ...

Industry Analysis for Backpack in Canada

Backpack is included in the baggage industry, which is increasingly growing industry in the world. Industry Analysis for Backpack can be carried out by PEST analysis, which represents Political factors, economic factors, social factors, and technological factors, and by Porter’s Five Forces, which are competitive rivalry, bargaining power of buyers, bargaining power of suppliers, threat of substitute, and threat of New Entrants (Aghazadeh). There are organized and unorganized segments in luggage market of Canada.

PEST Analysis

Political and Legal Factors The political and legal factors that exert their impact on the luggage industry in Canada are stability of the political ...

Question 1: ERD

1 M 1 1 M 1

Question 2: Proposal to Manager

The issues in traditional school and colleges are stem from higher educational cost, spending plan cuts, and course shortages have brought encouraged understudies to look for options. Online training has becom popular delivry method in advanced education. Web learning has also changed the way that people learn, and no longer requires a traditional classroom setting. Online courses help students to structure their class time around their everyday activities. Understudies can study and work when they are at peak energy, Course material is available on the web, so there is no reason to plan ...

Introduction

GAP Inc. is US based clothing and accessories retail company. It has headquarters in San Francisco, California. The company was founded in 1969 by two partners. The motivation behind the formation of the company was making sure the availability of the pair of jeans at affordable prices. Now the company has expanded its business to different regions as well as divisions. The divisions of the company operating under GAP Inc. are Banana Republic, Old Navy, Athleta, Intermix, and Banner. GAP is the largest specialty retailer in the US. The company is operating in a tight, competitive landscape and faces ...

Introduction

The Minoan Civilization was the forerunner of the ancient Greek culture which emerged from the island of Crete. The island of Crete was isolated from the rest of the Greek mainland by the Sea of Crete to the north and by the Mediterranean Sea to the west. The island with its mountainous rugged terrain and white sand coastal areas proved to be a great spot for international affairs and trade routes especially for the European, Africa, and Asia Minor merchants. Because of its isolated landscape, many scholars have proposed the existence of cultural interactions between Cretan civilization and those ...

Introduction

Lenovo is the Chinese company headquarters in Beijing, china and the second head quarter is in North Carolina, United States. The company Lenovo is indulged in the making of the personal computers, tablets, smart phones, and a lot of IT software, workstations, televisions, servers, and smart televisions. The Lenovo is successful in getting the largest unit sales. They develop, design and manufacture all the items mentioned above. They market the think pad for the notebook computers. Similarly, idea pads for the notebook computers. Idea center helps the desktop line, and yoga line helps in marketing the notebook laptops and ...

Report of Hudson’s Bay Company

A #:

Introduction

Founded in 1670 in Canada, Hudson Bay Company (HBC) is the oldest firm in North America, operating in the retail segment across Canada, United States, Germany or Belgium (HBC official website, n.d.). With a long tradition in the fur market, the company adapted to socio-dynamic changes that marked clients’ loss of interest in fur, and adjusted to more modern requests, entering the general retailing business, currently operating in luxury fashion, after acquiring brands such as SAKS Fifth Avenue, Lord & Taylor, but also owning department store (GAMERIA Kaufhof, Galeria INNO, Sportarena), off-price stores (Designer Depot) or furniture, appliances ...

Abstract

Market structure refers to the interaction between various buyers and sellers. Different market structures have different characteristics. The characteristics of the market structure determine the realized outcomes. There are three main market structure: perfect competition, oligopoly, and monopoly. Perfect competition has many sellers. Therefore, they do not have any market power. They cannot influence market outcomes. An oligopoly has few firms with some market power. They can influence the outcomes. Monopoly comprises of only one firm with absolute market power. Therefore, it can influence the realized outcomes. This paper highlights the characteristics of the various market structures. It then ...

Abstract

The Sony Corporation is a multinational conglomerate of Japanese origin. It is headquartered in Konan Minato, Tokyo Japan. This particular company has diversified its business through the production of multiple products and services. The main products produced by Sony include professional and consumer electronics, entertainment, gaming, and financial services. Sony’s vision is to create products that meet the imaginations of everyone and produce gadgets and devices that stimulate senses and rejuvenate the spirit. It strives to come up with ideas full of surprise and that never disappoint the consumer. The company is one of the major players in ...

The article Samsung Makes Aggressive Play for Emerging markets by Jonathan Cheng appeared in the wall street journal on April 6, 2016. This article addresses the steps that Samsung has made to stay ahead of its competitors in the global market, and especially within the Asian continent from where Samsung products are manufactured. The electronic company is winning back customers by cutting down most of its products prices. The South Korea's tech giant has focused more on cheaper gadgets to reach a wider market. The company has set out to compete favorably with Micromax Informatics Ltd, an Indian company ...

Introduction

Market and operations research as a means to gain insights into the various crucial aspects of business operations has gained importance in recent times aiding and supporting managerial decision making. Statistics as a tool of market and operations research and descriptive statistics in particular are playing an increasingly important role in managerial decision making. The present paper is based on a market survey of 150 respondents who were surveyed telephonically and were asked to provide information about themselves, their shopping habits and their view of how the three shopping areas fit into their shopping preferences. The responses were measured ...

Lignin Chemistry

Lignin History Lignin is a plant-derived biopolymer with several applications. It is considered an effective alternative to chemically synthesized plastics that pose serious environmental problems during manufacture and disposal. Lignin is often obtained as a byproduct in paper and pulp manufacture. Lignin has to be dissolved to obtain cellulose from wood. In 1838, Anselme Payen discovered that wood contained cellulose, and oxidizable coatings (later called lignin) that bind the cellulose together (McCarthy and Islam, 2000). This coating material could be removed from wood after acid treatment and washing with an aqueous alkali solution (McCarthy and Islam, 2000). Later, several ...

Recently there have been many talks about the development of robotics. It is common knowledge that the popularity of robots is increasing very quickly. Every year more or more upgraded robots appear in the world. There are many opinions regarding this topic. Many people agree that the development of robots, especially service robots, could make their lives much easier. Robots could take care of kids and elderly population or do the dirty and some difficult work. However, it seems that people underestimate the negative sides of robotics. They tend to forget about ethical issues and, what is more important, ...