products and services, then you'll most likely have little power in the circumstance, since suppliers and buyers will go somewhere else if they don't get a decent deal from you. On the other hand, if nobody else can do what you do, then you can frequently have huge…
I do not agree with Sue Jozui argument about how “advertisers frequently use the testimony of a celebrity to support a claim”. Sue Jozui’s argument is about how advertisers influence buyers by using different celebrities for different products. The advertisers method is to show different buyers that even celebrities use the product that is being shown in their advertisements. She states how it is not right to give the audience a wrong perspective on why they should buy a product. She also says…
Saving a reasonable deposit to buy a house is a tough challenge for first home buyers. Micheal Sukkar, a Liberal MP suggested during a Sky News interview, that the first step for young Australians to buy a house is getting a “highly paid” job. There are many government initiatives in place but the effectiveness of these schemes is under question. The government has a “comprehensive package” that aims to assist first home buyers to afford a property over investors. This package eliminates stamp…
to home buyers uncertainty, a lot of bad information and advice are available to home buyers from the internet, family members, friends and colleagues. Find out the most common misconceptions first time homebuyers have when looking to get financed for a new home. This is a continuation of the first blog I made for this topic. Read it at: https://danielines.wordpress.com/2016/01/05/the-top-misconceptions-of-buyers/ I ONLY NEED DOWNPAYMENT TO BUY A HOME There's still a lot of home buyers who…
Question 1, Base on the suggestions of the new CEO from Microsoft Ltd, below are the scenario and findings Scenario : 1/10 net 20 This information can be used to compute the credit cost of borrowing this money. X % Discount 100 - % Discount 360 Credit Period – Discount Periods = 1 X 360 99 10 = 0.363636 = 36.36%. Annualizing The Credit Cost The 10-day discount period occurs 36 times per year. Using this information, it is possible to compute the effective annual…
has taken a huge fall within the last decade. In this research, I will apply the Porter’s Theory to the shoe and clothing company to demonstrate the pros, cons, and threat levels that the company may have now and in the future. To start off, the buyers are the first aspect that a company should look at. No revenue…
Schwinn has the ability to ensure that various models mirror this pricing structure in order to maintain a competitive advantage. In addition to that, taking into account demographic factors such as the location and economic strength of potential buyers will be beneficial in providing more visibility of potential sales.…
Monopolistic competition is a type of imperfect competition, under this a large number of sellers offer heterogeneous products (different products but has close substitutes) for sale to buyers. The term monopolistic competition was coined by Prof. Edward H. Chamberlin of Harvard University in 1933 in his book, Theory of Monopolistic Competition. Monopolistic competition is currently the most realistic situation that exists in the market. Monopolistic competition can be defined as a competitive…
The main purpose of the Porter’s five-force model is to find a position in an industry where a company or business model can defend itself against competitive forces or can influence them in its favor. It also helps to analyze the present SWOT analysis of the company and how company can improve in its operations. A business strategist can categorize each competitive force by ranking it as high, medium or low. With a clear analysis, a business model can take advantage of the strengths and improve…
Potential buyers would make assumptions based on a slave's appearance, so traders groomed and dressed slaves in the attempt to change their identity. The likely hood of a slave running away was another determining factor of in the purchase of a slave. Ignoring a slave’s capabilities, history, and health, the trader would instruct slaves to lie in order to make a sale. The buyers were aware of trickery that took place in the market, so they ventured…