The World War I had brought America to the forefront of the global outlook. The war time excesses in production transformed into prosperity during the next decade which would watch America seek continued isolation despite the mounting global challenges. The Great War and the resulting Versailles Treaty left Europe in a rather deprived and devastated state where the Europeans continued to seek cultural and economic assistance from their cross-Atlantic neighbors. With new job opportunities, progressive ideas, an air of liberalism had developed around the American continent. This openness and jubilance was most evident in the arts, entertainment and economic sectors of the economy.
In a highly competitive business world, on a firm’s priority list is the subject of increasing profit and reducing cost. One might than pose the question, has this put them out of business (mom and pop store)? The answer is absolutely not, but rather, they too benefit from cheaper prices as they continue to buy in bulk and continue to operate as the name suggest, convenient
1. Which of the following is not a current liability on December 31, 2014? • A lawsuit judgment to be decided on January 10,2015 • A Note Payable due December 31 2015 • Accrued salaries payable from 2014 • An Accounts Payable due January 31,2015 2. Continuous monitoring, in the contemporary approach, is beneficial because_____________. • it increases the time it takes to detect changes in the competitive environment • organization response time is increased • organizational flexibility is reduced • It reduces time lags 3.
MKT 571 Week 4 Quiz Latest UOP Assignment 1. Which marketing system is another channel development in which two or more companies put together resources to exploit an emerging market opportunity? • Strategic marketing system • Vertical marketing system • Horizontal marketing system • Conventional marketing system 2. What is the practice that allows companies to maximize their market share by believing a higher sales volume will lead to lower unit costs and higher long-run profit while assuming the market price is sensitive? • Market-penetration pricing • Sensitive pricing • Target pricing • Market skimming To download the complete answer check MKT 571 Entire Course 3.
Globalization By HEBSMB49 Workshop 1 assignment Due January 18, 2011 Submitted January 18, 2011 Globalization Introduction Modern technology has permanently and dramatically altered the landscape in which businesses operate. Advances in computers and telecommunications have enabled businesses to operate around the clock, reducing the amount of resources wasted, while maximizing efficiency and providing maximum results to shareholders and consumers alike. What is Globalization? Globalization refers to the process by which barriers to trade between countries are reduced or eliminated, advances in transportation and communication make distances between countries immaterial, and national economies are gradually merging
PROBLEM STATEMENT Having proved successful, HubSpot has now reached crucial juncture, when in order to accelerate the growth rate and to increase their profitability, they need to decide: 1) which segment of their customers to target; 2) develop new pricing strategy; 3) determine whether they can still maintain their scale by using only inbound techniques or they will need to implement outbound techniques as well. SITUATION ANALYSIS Customers HubSpot’s customer base comprises of Owner Ollie (73%) and Marketer Mary (27%). | Pros | Cons | | Easy to sell to | Limited resources | Owner Ollie | Acquisition cost of 1000$ | High churn rate | | Simple sollutions | High macroeconomic risk | | Fast selling | Low revenue per customer | | Pros | Cons | | Higher revenue per customer | Harder to sell to | Marketer Mary | Lower churn rate | Acquisition cost of 5000$ | | More sophisticated analytics | Takes longer to sell to | | More resources | 2% CMS | For better understanding of the values that each of the segment represents, the Customer Lifetime Value (CLV) analysis is needed. | Owner Ollie | Marketer Mary | Acquisition Cost | 1000$ | 5000$ | Initial Fee | 500$ | 500$ | Current Revenue (per month) | 250$ | 500$ | Churn rate | 4,3% | 3,2% | Average lifetime(1/Churn rate) | 23,26 | 31,25 | CLV(Av. Lifetime x Cur.
Walgreens Essay Anita Henderson BUSS460 Rich Rawlinson March 7, 2010 In his popular book about business, Jim Collins discusses ways businesses can improve their performance, making a good company a great one. This paper discusses these concepts in regard to Walgreens. Walgreens is a great company to shop for a numerous of items, but the pay scale is downgraded for the amount of business that it produces. Collins begins by dismissing a number of “myths” about what has to happen in order for a company to effect change. The myths are as follows: first, there is the “Change Program,” the idea that all change begins with some sort of “launch event” (Collins, 2001).
This will allow different parts of the world to enjoy merchandise that is specific to one country. Throughout the past it has been proven that by introducing industries’ and the use of globalization has strengthened a country’s economy. I am a pro economic globalization because I feel that we need to change the way of the past if nothing seems raise the economic standards. Hopefully we will be able to realize that economic globalization is working so we can help countries quickly and efficiently. Economic globalization has attracted much debate throughout society today.
Combining a demographic base units with a geographical one reduce our target market and allows us to put our emphasis in very specific segments. This has the advantage to allow us to put in the market a product that to have answers to consumer needs and wants. Choosing the aged people as one our focus target will enable us to reach a group with a strong economic power and help them gain independency and be more autonomous. This group is growing each year and could give to our product a brighter future. The U.S. economy is in a growth path and the many people are overwhelmed by their work, choosing this group of people allows us to benefit of their buying power and also to give the opportunity to spend their precious time with their love ones.
Just this February, we set forth a course of action in the stimulus package(?) to be the first step in re-boosting our economy; I believe this new Fair Tax plan will be the second major step. As I mentioned, the Fair Tax Bill will lead to resurgence in the US economy and a return of offshore manufacturing to America. This influx from other countries will result in a strengthening of the American dollar in the global economy. Furthermore, we know from basic economics that the economy is a never ending cycle of selling and spending.