Business-to-consumer

Fireworks- Safety and Use Many people enjoy watching fireworks. Whether it’s New Year’s or Independence Day, they are a very popular spectacle. Fireworks can be a fun, enjoyable way to experience the holidays. Fireworks are a beautiful display of chemistry, but many accidents can happen just by using them, so it is integral that one understands the importance of safety and how to practice it. In doing so, both the human and natural world will benefit. A multitude of things go into making a…

Hypothesis H11b: there is a difference between the effect of quality of information (diversity and up-to-date dissemination) on hedonic shopping value among users with different income statuses. Hypothesis H12a: there is a difference between the effect of quality of service (speed and accessibility) on utilitarian shopping value among users with different income statuses. Hypothesis H12b: there is a difference between the effect of quality of service (speed and acceptability) on hedonic shopping…

1. What are the methods described in The Goal for identifying a bottleneck? Answer: Methods described in The Goal for identifying a bottleneck are, • Looking at all the different resources and then comparing with market demand. The one in which demand is greater than availability is the bottleneck. Thus bottleneck is defined as the resource such that the capacity is equal to, or less than the demand placed on it. • Using Herby analogy to identify the bottleneck, so bringing experience into…

Demand, impact each other and impact prices of services within an economy and as well as consumer goods. Supply is the amount of a good or service that is obtainable at a certain time to consumers. When we talk about consumers, they reveal attention in buying a good or service, exhaust available supply, the when that happens the demand will certainly rise. Demand is a calculation of consumer wants and consumer spending on a particular good or service at a specific price. As the demand increases,…

Brand Association Brand association is a major determining factor when it comes to consumer buying behavior. John et al. (2006) suggested that brand association defines the decision making pattern of the consumers. It has been deduced by Huang and Sarigöllü (2014) that brand association is developed among those consumers who have complete awareness about the brands. They deduced in their sudy that brand association cannot be devloped without brand awareness. Therefore it can be deduced that a…

Part A: Basic Economic Ideas # 1. Monopolistic Competition • Monopolistic competition is # 2: Fixed Cost • Fixed Costs are the constant costs that do not change with the quantity of output. For example, the fixed costs of a firm will be the equipment purchased for making products. • The picture represents the theory of Fixed Cost. The shopping cart in Costco is a fixed cost of the company. Once the company purchases the shopping carts, no matter how many products…

My topic of a researched argument is that whether direct-to-consumers (DTC) advertising, as one of the most effective forms of mass communications, should be more regulated than it is now. This paper argues that policy makers need to make stronger regulations against many DTC advertisements in a pharmaceutical industry because they exploit consciousness, mislead consumers, and are obsessed with profits. My primary audience for this argument would be the people who are interested in how DTC…

Companies have the opportunity to promote their brand strategies to the general public. The general consumers can associate with certain brands that captivate them. I never cared about the way products were displayed because I was content with having any product. Eventually, I reached an age where I developed a critical thought process for my future purchases. There had to be products that had value, reliability, and honor in their history. Similarly, Optimum Nutrition has their signature line…

When creating products/services to meet the quality standards of the customer and also the industry standards and legislation, procurement is critical in identifying the specifications and restrictions to adhere to. Procurement often includes purchase planning, determining standards, supplier research, financing, inventory control, disposals and supply administration, which all leads to specification development, outputs and functions. This also ties into quality management which oversees these…

1. INTRODUCTION 1.1. CONSUMER SURPLUS Consumer surplus is an economic measure of consumer satisfaction, which is derived by analyzing the difference between what consumers are willing to pay for a good or service, relative to its market price. When the consumer is willing to pay more for a given product than the current market price, consumer surplus concept occurs. This is not a tangible surplus. For example, if you are in need of some computer accessories and your budget would be Rs. 15,000…