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    Thill, 2013, p. 306). YelloWave values the innovation inspired by the passion and diversity of internal and external customers while contributing business opportunities to local farmers and benefits for communities. While it uses the penetration pricing, the other three elements of the marketing mix cannot be compromise in pursuit to be ahead of other competitors while delivering quality products in the local area. Keeping the target market in mind and its geographical location, the main…

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    Producing the product is only a small part of the battle to having a successful company; the main challenge is getting the product in-front of customers. Since Ronnie’s Refreshments will be catering to customers seeking a healthier beverage alternative, getting our product in-front of the right people is our primary goal. Since we have already determined our target market, it is equally important to determine the distribution process of our products. Determining how we will get our juices…

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    Why Should I Sell My Watches? There are many reasons to sell watches. It could be simply upgrading to a different watch or to earn some quick cash. Perhaps, the watch was given as a gift, and it no longer has sentimental value. It could be watches are not your style. This is a good time to capitalize on the growing watch market. Where Can I Sell My Watch? There are a few options when it comes to selling watches. Choosing a buyer is a crucial task to ensure a smooth process and the most…

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    The cost advantage of Huawei will continue to grow because China has a high cheap labor. Due to the premise of the popular telecommunication products, pricing strategy is an important factor to the company. So Huawei as a major company that is not fulfilled by its low-price profits and it aims to get a high-profit margin through various strategies. When it comes to place, the company does not directly focus…

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    Current Marketing Mix Strategies of the Product Sprite A set of marketing tools that are used by an organization in-order to achieve its marketing objectives are classified under the marketing mix strategies. This covers all from creating a new advertisement over to designing new packaging for the product. All these options are gathered into 4 factors known as the 4Ps’ while each factor individually has a significant power in influencing the consumer demand of the specified product. It was an…

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    Advertising Budget is the amount of money which has to be spent on advertising for a brand to promote it, help reach its target audience and rake in profits for the company. But before the advertising budget is decided upon for a company, one has to take a note of the favourable and unfavourable market conditions which will have a direct impact on the advertising budget. The following are the conditions that have a direct impact on the advertising budget. 1. Frequency of the Advertisement This…

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    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…

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    3. The Functioning of Bordeaux’s Market place To analyse price dynamics in a given market requires a description of the market, of which these prices are the consequence. The market place of Bordeaux is the common name for a complex system in charge of the trade of Bordeaux’s fine wines. It comprises several stages during which each actor has its attributed role. We have divided the relevant actors of this system in four main professions, namely the producers, the brokers, the traders and the…

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    customer’s perception towards product or brand identity. According to Sainsbury Annual Report, (2014) positioning helps an organization to figure out its standing from the pricing point of view. As a retailing company, Sainsbury aims to focus on a higher quality market, as such Shankar & Bolton, (2004) posits that the company’s pricing strategy operates between medium and high end of the market. Sainsbury rely on the positioning strategy to showcase how it creates value for its…

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    Bottleneck Case Study

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    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…

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