“T. J. Maxx is the leading off-price retailer of apparel and home fashions in the United States and worldwide, ranking 119 in the most recent Fortune 500 listings and ranked #1 on The Boston Globe 2010 Globe 100 list” www.tjx.com/aboutus. T. J. Maxx’s competitive advantage of its competitors is really not amongst competitors because the normal stores that a consumer would shop prices in comparison with T. J. Maxx would usually be Marshall’s. Marshalls just happens to be owned by T. J. Maxx, therefore there is a dominant factor in the field of competition because T. J. Maxx has saturated the market that if you one does find a better price at Marshall’s, T. J. Maxx still reaps the harvest of that sale. As mentioned, the bright, colorful décor that T. J. Maxx uses to dress up their stores is a great leap towards attracting consumers.
To begin with, when choosing either Android or iPhone, an important aspect to look at is price. There are many different types of Androids out there with many different prices depending upon how capable and durable the potential buyer would like their phone to be. While with an iPhone there is one model, and one price, which is actually quite high at about $750, unless you choose to purchase an older model with less features. A comparable Android on the other hand costs about $650. The prices don’t stop there either for Androids, lower range models can cost as low as $300.
The Corolla has less horsepower than the Civic, so it is probably a little slower. One of the number one deal breakers in determining which car to buy depends greatly on the price of the vehicle. Even though there in no major difference in the overall cost of these two cars. The Corolla will usually be your cheaper car. The MSRP of the Honda Civic is $21,880 where the Toyota Corolla is $17,475.
Visual Rhetoric Essay I chose an advertisement of a TAG Heuer watch that is very luxury, historical and classic. The second one is ad of Dolche & Gabana Time watches which is also luxury brand and fashionable. Both of these ads targeted the wealthy class, want to emphasize their watch at ad, and want to sell their watch that is same in purpose. But Tag Heuer targeted older than D&G’s buyers. I think ad of D&G is much better than ad of Tag Heuer because Tag Heuer missed so many important things of ad.
(All the calculations in the charts were based on revenue potential and acquisition costs.) Comparingbetween the 2 options, it seemed that choosing affluent customers only would be easier to achievesince number of the required customers of breakeven point with a ROI of 5 million is smaller thanthat of choosing both middle class and affluent customers. Moreover, as customer base grew, profits of selecting affluent customers only were bigger than those of selecting both middle
I would expect the land uses in the CBD of St. Albans to be either department/specialist store or offices and banks. There could be some successful comparison stores in the centre of the CBD as well. I would expect this because these are the only stores that can afford the high rent to locate in the centre because the large amount of potential customers can allow them to achieve minimum threshold value 3. Is the centre of the CBD the most accessible place on our transect? I would expect that the centre of the CBD is the most accessible place because the centre of the CBD is where the highest paying stores are, and these stores need the most potential customers so that they can pay these
(0.5 points) A Luxury Business Model is being used when a company sells merchandise more expensive than competitors. 4. What is a monopoly? (0.5 points) The exclusive possession or control of the supply or trade in a commodity or service. 5.
Case: Blue Nile, Inc., in 2010 (case 9 in text) 1. How strong are the competitive forces confronting Blue Nile and other online retail jewelers? Which one of the five competitive forces is the strongest? Do a five-forces analysis to support your answer. After reviewing all the five competitive forces, my analysis showed that the weakest of the fives forces is the threat of new entry’s despite the possibilities of selling of a good with a high contribution margin, it is very challenging and expensive to develop a new competitor that could go head to head with Blue Nile and make a profit, let alone survive the competition.
Name at least two features of capitalism. (1.0 points) Two examples of capitalism is profit and exploitation. 3. A business that sells watches that are more inexpensive than the watches a competitor sells is using which type of competition? (0.5 points) A Luxury Business Model.
Switzerland was not the success story that it is today; in the late nineteenth century Switzerland was a poor nation and its major exports were mercenaries and emigrating citizens. By the early period of the twentieth century, Switzerland had emerged as an industrial nation of importance despite its small size. Switzerland was one of the richest nations in the postwar period and by the 1960 using some measures, Swiss per capita income was the highest in the world. The wealth of Switzerland is the outcome of national competitive advantage where there are shockingly numerous competitors in a wide range of advanced manufacturing and service industries and Switzerland a small nation was able to establish their competitive advantage over large nations and their competitors. The industrial success has allowed Swiss citizens to be employed at high wages and for many years the unemployment has affected less than two hundred people.