Lessens need to purchase “hard copy” of these. * Other competitors; Circuit City, CompUSA, Amazon.com, even Wal-Mart, Target, etc. * Possibility of losing customers to wholesale business. I think that for the most part Best Buy has lived up to their mission statement, because they are at the intersection of technology and life. I believe this to be true because they offer some of the newest technology in their store and it is place where people can actually interact with salespeople in real life.
In contrast “likes” measures the number of likers or the size of the audience on Facebook. b) For Carmex, “engagement” is more likely to be important because “likes” can be obtain easily through contests and promotions but these people may not exactly be the fans of the Carmex product. Carmex
When is your risk tolerance lowest? (Select the best answer.) (Points : 1) Answer: When you are closest to needing the money you invested 7. What piece of information is most helpful when you're comparing investments? (Select the best answer.)
Hence, increasing the sales volume would be the first objective the Roc Nation and Spiegel & Grau want to achieve. Microsoft, another party in the deal, would like to gain benefit of growing awareness and usage of Bing, the new search engine launched in 2009. For the long time, the majority of online users addicted to the Google, leaving Microsoft hard to break into the market. Microsoft viewed the deal as a unique opportunity to promote Bing and hopefully could “break the Google habit”. Also, for the Droga5, the deal is also the great opportunity to prove creativity of the young agency and grow its reputation.
The first is the level of brand loyalty. If an established firm has significant brand loyalty such as Coca Cola, then it will be difficult for a new firm to enter the market. This is because they would have to spend a lot of money on advertising which is a sunk cost. On the other hand, if brand loyalty is low, then it will be easier for a new firm to enter the market. Extract 1 shows that brand loyalty for online news is very low.
The order of competitive forces from strongest to weakest in Porter’s five forces model are as follows: Potential Entrants – Substitutes- Industry Rivalry- Buyers- and Suppliers. I believe that potential new entrants help liquidate the pay day market which might drive demand down in individual stores (the entries to barrier are extremely low 135k for startup), followed by substitutes such as credit cards offered by Providence (which were marketed towards unbanked costumers), current industry rivalry also proved to be a competition force that affected individual pay day locations (similar reason to new entrants). 3. What are the driving forces that are currently affecting the payday lending industry? The driving forces that are currently affecting the payday lending industry are entry or exit of major firms, regulatory influences and government policy changes, marketing innovation, and lastly changing societal concerns and attitudes.
Google: Dumbing Down Society Does the Internet make us stupid? Or does it simply allow us to become more efficient? The answer is yes to both, and these are questions that come to mind while reading an article titled “Is Google Making Us Stupid?” by Nicholas Carr. If you were born in the early 90’s or before, it is safe to assume you have witnessed the rapid evolution of technology, which has now led to the simplicity of tasks that used to require a great amount of time and effort. In this article, Carr explains to us the ways in which he believes that technology has affected our society.
The results are also filtered to prioritise results from that particular geographical location in order to make them accurate to what the user may be searching for. The advantage of this is that the service is easily accessible and suitable to an international market who may not necessarily speak English, as well as better suited to fit their needs by the filtering of results. On the other hand, the disadvantage may be the complexity and therefore increased production and maintainance costs. Google staff who are fluent in the chosen languages would have also had to be hired, making it difficult to manage such a high number of staff. Additionally, multiple new high-performance servers would have had to be bought in order to sustain the exponential increase in the database.
Where UDR’s competitors Sun Recycling and PJ’s Recycling have over 1800 unique website visits took. This is mainly due to the fact that both of UDR’s competitors have strong marketing tools in place to drive new traffic to their website. Webfoot conducted an in depth survey of internet users from UDR’s target market area to better understand how UDR ranks against their competitors. In almost every category UDR’s competitors scored higher. The below comparative analysis is a breakdown of the features that each of UDR’s competitors website has in relations to UDR’s current website.
Google’s Strategy in 2010 1. Discuss competition in the search industry. Which of the five competitive forces seem strongest? Weakest? What is your assessment of overall industry attractiveness?