Essays on Buyers

Chapter III

This chapter will review the background of Real Property Law in the Kingdom of Saudi Arabia. In order to lay the foundation for comparisons in subsequent chapters, the elements of the Saudi judicial system and real property law will be reviewed. The background information pertaining to Saudi Arabia will feature the judicial court system, the property rights and real property ownership. A review of the current mortgage law in Saudi Arabia will be analyzed as well as possible reform to include the application of anti-deficiency laws.

Introduction

Saudi Arabia is governed by a monarchy. Its current legal system under the ...

COURSEPROFESSOR

DATA First Evaluation The client dependability and the customer satisfaction is one of the main part of the business. The company need to come up with some of the strategies in order to keep the customers engaged in the business as well as to make sure that the customers are getting the services that they desired to receive from the restaurant. The buyers take different equation in the consideration while they go for any type of purchase. The buyers look at the quality, outlook and the products variable in order to make the correct decision. So, the quality and ...

Question 1: Arabic Perfume Unique Selling Propositions and Position Strategy in the Global Market

Pursuit defines unique selling propositions as an act that sets a business to stand out uniquely because of what it produces in the market. In most cases, companies make mistakes of wanting to be known for everything as soon as they enter the market. One of the Arabic Perfume propositions is that their fragrance produces are descent and anchored in the local’s culture, and traditions and consumers use it a lot, and the businesses have a tradition of gifting the fragrance. For this reason, a Middle Eastern customer can buy several units of same scent perfumes (Elizabeth Arden ...

Economists tend to relate to the subject of research with scientific objectivity (Mankiw, 2015). They develop theories, accumulate evidence and then analyse them in an attempt to prove or disprove the theoretical concepts. The main tools of the economist (and other scientists) are theory and observation, but, in contrast to the natural sciences, in economics it is almost impossible to set up an experiment to confirm or deny a new concept. In order to somehow compensate for the absence of the possibility of carrying out laboratory experiments, economists are paying close attention to natural experiments offered by life. An ...

The Canadian healthcare and social assistance sector falls under the NAICS classification. The sector entails a publicly funded healthcare system. The sector is guided by the provisions of the Canada Health Act of 1984 (Belchetz). The sector, relative to its peers in most other countries including the U.S and Mexico, is unique. Its uniqueness arises from the fact that despite being predominantly publicly funded, most of the healthcare services at the point of sale are provided for by private practitioners. The Canadian healthcare and social assistance sector has been billed in many quarters as a model to be followed ...

IT Strategy Report for Starbucks

It is imperative for every company to have a distinctive element in its strategy for drawing in customers and producing a competitive edge. Starbucks has been triumphant in commanding its way in the market since its humble beginnings as a Seattle-based coffee shop back in 2008. Over the years, Starbucks has grown into having a competitive advantage over its competitors. The customer service is top-notch, and the atmosphere is rich that draws in crowds from all walks of life. Starbucks has indeed earned a sustainable competitive advantage by offering the highest quality coffee-based beverages, creation of an emotional attachment ...

Capstone Project [Phase]

Computer and Information Science Sharjah Higher Colleges of Technology Literature Review Introduction The project aims to create a website for a restaurant that is yet to incorporate online applications into its functional operations. It is imperative for the restaurant to have a website for allowing customers to see all the foods and drinks on offer without necessarily going to the stores and also for allowing them to pay for their orders on online platforms using their credit cards. Additional advantages the ability to view pricing of varied items alongside the delivery times and pictures of the varied food items ...

Question 1

The marketing concept encompasses three areas which are significant in satisfying the interests of consumers: market, sales, and production orientations (14). Apple implements the marketing concept by ensuring that they develop quality products, high-priced commodities that signify prestige, and a marketing orientation which captures the current and future needs of buyers using intelligence. The firm’s products provide consumers with applications that simplify simple day-to-day tasks such as a personal secretary or downloading songs using iTunes.

Question 2

Question 3 The two aspects that are integral in Apple’s marketing implementation are the consumers’ needs and motivating the marketing staff. Firstly, ...

Introduction

MasterCard Incorporated is a multinational financial services provider listed on the New York Stock Exchange. MasterCard provides electronic payment cards and other financial services for banks in the United States and around the world. This report will focus on the business environment within which MasterCard operates and how its internal and external environments interact to define its current status as financial service provider. This will include the company analysis which will be an inquest into the internal elements of MasterCard and its activities. The competitors and competition processes faced by MasterCard will be considered. Then the research will provide ...

5 Forces Case Report: The Air Express Industry Case Questions

Introduction

The air industry in the US dates back the early 1970s and its growth and development was gradual and based on numerous factors. In the initial period of operation, the industry particularly dealt with small packages and the entry into the industry was challenging due to the environment characterized by significant regulations. It is essential to understand the primary factors which led to its growth and development to its current status. First, the deregulation in the industry is attributed with significant changes, which allowed Federal Express, which was among ...

Introduction

Under Armour is the brainchild of Kevin Plank who initiated the company in 1996, which has grown to a multi-billion business venture operating in the American market and producing accessories and sports clothing. It is among the largest suppliers of casual and sportswear apparel in the Americas. The company is headquartered in Baltimore, Maryland with franchises across Houston, Austin, Denver, Texas, New York and other major states in North and South America. Further, Forbes notes that Under Armour’s core business is the manufacture, marketing, and distribution of branded sports apparel including footwear, accessories for men and women and ...

1. How do the laws of supply and demand vary with each economic system? In a market economy, the amount of demand is determined by the buyer’s needs and his/her level of earnings. The aggregate demand is a sum of individual demands of buyers for the product at a particular time. The higher the profitability of goods production is, the greater the supply will be. Command economy is characterized by the centralized decision of what, how, to whom and when to produce. Demand for goods and services is established on the basis of statistical data and the country’ ...

<<Name>> <<Professor Name>> <<Subject>> <<Date>>

Michael Porter’s Five Forces include - the threat of new entrants, threat of substitute products or services, bargaining power of buyers, bargaining power of suppliers and competitive rivalry between firms. We will apply this framework to the soft drinks industry. 1. Porter’s 5 Forces

Threat of New Entrants: Medium Pressure

The threat of new entrants is quite real for the soft drinks industry today. The consumer is becoming more health conscious. Many governments are instituting legislation to curtail the use of sugary soft drinks like Pepsi ...

Introduction

The case study is about Ford Motor Company and its product warranty program. The company is a large American car manufacturer and seller globally. In 1987, Ford Motors went through a tremendous change in its external business environment as a result of the announcements that were made by its primary competitors regarding their new policies on product warranty. These changes in the policies may adversely impact not only the company’s sales, as well as, market but also other important departments of manufacturing e.g. quality assurance, dealer networks, and extended services. As a remedy, the managers of Ford Motor ...

INTERNET BUSINESS

Abstract: A usage of internet has become popular in the field of business. E-business is the business which the business owners can sell and buy the products over the internet. It keeps the preserve to hold the position on the competitive market. It helps to increase the role of internet and increase the market share. With the help of websites, the startup business has been utilized the essential characteristics of the business facility provided on the internet business. The improvement of information technology in the internet business plays an active role in the startup business. It offers online service ...

MEMORANDUM

Re: Proposed changes in the marketing strategies. Recommendation: Avail the opportunities optimistically and with sustainability. Increase market share of Bakery Segment. For Dinner segment, come up with innovative ideas for the food items, ambiance of restaurants, and services in the restaurants. Come up with new and unique food menus frequently. Opportunities Available Panera Bread (PB) designs its strategy in such way that its brand becomes the best for selling fresh bread. Panera Bread is also popular as a casual restaurant with fast food. It provides high-quality food in a distinctive dining environment. The company managed to design extensive differentiation ...

Introduction

The jewelry manufacturing and sales industry has been posting exponential growth rates in the past years. A lot of companies that operate in this industry have likewise exhibited significant upward growth rates. One of those companies is Pandora. Pandora is a Danish multinational corporation whose core business involves the manufacture and retail of jewelries. The company was founded in 1982 by Per Enevoldsen. The company was, at that time, engaged in small scale jewelry importation. It imported pre-manufactured jewelries from Thailand and sold it to its customers for a profit. Enevoldsen, upon seeing that there is a great potential ...

Problem Statement

The objective of this paper is to present a report on the marketing questions raised by the founder of Celtic Chocolate Company Limited. Mr. Ronald Begg founded Celtic Chocolate Company Limited under which he engineered a new product called Milk Mate. The new product is basically a milk modifier. Milk Mate was introduced into a market largely controlled by large companies, such as Nestle with a market share of 50%, Hersey with a market share of 20%, Cadbury at 10%, and the remaining 20% shared by other smaller players in the region.

Generation of Alternatives

The introduction of the new product into ...

The Impact of the Theory of the Consumer Choice on Demand Curves, Higher Wages and Higher Interest Rates

The theory of consumer behavior shows how the choice is affected by the price of goods, income and preferences, and the way buyers maximize their net gains from the purchase of goods and services. The price change of a good affects the consumer demand structure in two ways. Any change in the price results in the appearance of the income and substitution effects, as it changes the amount of available goods and their relative prices. The above effects are consumer reaction to changes in relative prices and real income (Mankiw, 2014). The substitution effect is the change in the ...

Chevrolet Silverado also known as GMC Sierra is a product of General Motors. It is a full-size and heavy-duty pickup truck. The series of heavy-duty trucks of General Motors from which Chevrolet Silverado belongs was first introduced in 1999. Since its confinement in the General Motors till today, it passed through different innovative and more efficient advancements (Chevrolet.Ca, 2017). The variations in the engine and other equipment of the vehicle made it more successful and the prime choice for its buyers. It also managed to make its place in the market due to its holding company, General Motors that ...

Part 1 - Executive Summary

Most people are in need of organic foods which do not have any chemicals. Establishing an organic food supermarket will be able to provide the fresh fruits and vegetables to the people. The business will be hoping to offer best-quality feeds to the people which will promote their wellness. The venture is hoping to make profit through distributing the organic food and promote the environmental wellness. The potential growth of the business is diversifying through providing the food material, producing their own suppliers and manufacturing natural products such as creams (Canavari and Olson, 2007). When carrying out organic food ...

The industry for this research will be the telecommunications sector. The industry has consistently been at the center of innovation and growth and has also culminated in the disruption of other industries. Its key elements encompass mobile devices, as well as, broadband connectivity that has also been regarded as important fabrics of the current society which is the information age. The sector has been instrumental in promoting the momentum for other notable technological trends such as video streaming and mobile payments. In this regard, the publicly traded corporation in the telecommunication industry that will be subject to this discussion ...

Samsung Company is one of the best company selling phones and other technology items. It has been operational for several years thus serving a large number of consumers worldwide. Recently, I happened to meet with the head of the marketing department, sales representative, marketing representative and agents as I was taking the consultation task. The aim was to understand the challenges facing the marketing department as they market their products across the country. The consultation was necessary to help point out the gaps facing marketing department and implement strategies to address the gaps for better performance in the market. ...

Overview

Amazon.com came into existence in 1995 as an online retailer of books taking advantage of the exponential growth of the Internet (Govindarajan and Warren 2016). The meteoric rise of the Internet as a major business tool and a platform for many daily activities drove the company to start selling and later publishing e-books itself. The development of the Kindle e-reader and its debut in 2007 made the company the leading seller of e-books. Today, it has widened its product offerings beyond books and it is the largest online retailer of consumer electronics, household goods, the Internet and media. In ...

Milton Friedman (1970) is opposed to the idea of social responsibilities of businesses. He makes the central claim that if there is a social responsibility of businesses it is to increase their profits. According to him, a business is nothing more than a group of workers/employees working for employers. Therefore, individual employers can donate to social causes. If the business (through its management) spends money for social causes, it is imposing costs on employees. Further, it is illegal to impose taxes on people. Only, the legislature has the jurisdiction to impose taxes. Moreover, the corporate executives are not competent ...

Introduction

Samsung is a multinational Electronics company that has existed in the market for the last 70 years. It is headquartered in Seoul, South Korea with regional conglomerates across the world. This company is involved in diverse business operations spanning from the manufacture and supply of semiconductors, digital media, mobile products, consumer electronics, wireless wearable, home appliances and industrial appliances. In 2009, Samsung Electronics Inc. was touted as the world’s largest corporation based on revenues and a market leader in the electronics industry. On top of being the world’s largest semiconductor chip producer, it is also, the world’ ...

Abstract

The paper involves the study of the implementation of management accounting in the business environment as a way for companies to attain competitive advantage. The aspect of the paper is of high importance because every business needs to succeed or be ahead of a competitor and the only way to achieve that is through use of the competitive advantage. Competitive advantage can be difficult to obtain especially if a firm does not implement Porter’s competitive resources to analyse and understand the market environment. The paper will also briefly describe the aspect of management accounting and the activities it ...

How Does Demand and Supply Affect All Businesses?

Economists use the model of supply and demand to analyze competitive market. Combination of the two sides of the market with each other creates the equilibrium price and the equilibrium volume and market equilibrium. A competitive market is characterized by a large number of buyers and sellers, each of which either has little effect, or no effect on the market price (Boundless, n. d.). Qualitative characteristic of the market equilibrium is that the market is balanced in this situation, i.e. neither sellers nor buyers have incentive to imbalance. Conversely, if the market is not in equilibrium, there is a ...

Question One

In 1980, baseball players entered into a strike that lasted for eight days as they negotiated to retain the free agency policy that allowed them to play for any team. Their wishes were granted and the strike was called off. Other reasons that necessitated the cancellation of the strike was the fact that the players were not paid during the strike, especially in spring training. Although the last days of the training were interrupted, the start of the regular season in 1981 continued as planned. To some, all was well until later in the mid-season when the players for ...

Government Actions in Markets

Figure 1 As a result of increasing the passenger movement tax on airlines, the equilibrium price P2 moves to new point P1. (P1>P2) The new quantity of flights is Q1. Therefore demand decreases, Q1 <Q2. Because of the increased prices some consumers denies to purchase tickets choosing other flight companies or using alternative ways of transportation. A tax that is imposed on sellers in fact creates a burden on consumers as well because of the fact that consumers will be forced to pay higher prices. It is clearly shows on the Figure1 that the revenue from sellers ...

The CEO,

As you are aware, I am discussing with Chip Manufacturer Company (CMC) about the following issue. Please find my action plan detailed below for the same.

Current Issue

Preparing for Negotiation I prepared for this negotiation by initially identifying the goals. In the present scenario, my goals are to 1) not ruin the long-term relationship with CMC and 2) not take losses in the present transaction. To proceed further in the negotiations, I have to determine if CMC is also interested in a long-term relation or not. I try to find shared interests and I will try to identify things that ...

Executive Summary

Luxury Swap is an innovative web-based product exchange service. Modeled on e-bay's exchange program, Luxury Swap introduces an unparalleled service in KSA, first, and hopes to expand into GCC, East Europe, North America and world at large. The service connects upper class / sellers, who have unneeded luxury products, and middle class/ buyers, who, although having rising disposable income, cannot afford to purchase luxury products at retail prices. This report is made up of five sections: (1) Service Information, (2). PEST Analysis & SWOT Analysis, (3) Strategic Marketing Objectives, (4) Market Segmentation & Positioning and (5) Four Ps Strategies and (6) ...

Poverty and scarcity

The scarcity of resources in the society has a relationship with poverty. However, poverty refers to a scenario where people lack basic necessities or adequate wealth to sustain meaningful life. It is important to note that poverty can be rampant in a country that has more resources than a country fewer resources. Therefore, poverty declines if people utilize the available resources in an efficient way to meet their needs. For example, a country that is in the civil war will have more people languishing in poverty than a stable country. On the other hand, scarcity refers to a shortage ...

Moncler Store e-business

Explain how the e-business Value Networks Operate E-business is the use of information technology to manage and operate a business by using the internet to interact with external business partners and conduct other activities that are relevant to the business structure. In particular, it involves conducting business processes over the internet to enable the smooth running of the strategic activities that are essential to the continuity of the business. The e-business models explain how the company operates, how the services offered are to be delivered and how new and emerging technologies are too adapted to support the necessary departments ...

CHAPTER II

This chapter will seek to conduct an absolute inquiry into what makes up security interest laws in the United States. In order to lay the foundation for comparisons in subsequent chapters, the three main elements of the study of the Saudi system will be reviewed here in the context of U.S laws with an emphasis on California state law. The features of the California legal system will include the assessment of foreclosure rules and patterns in California. This will include a detailed fact-based evaluation of CCP580 (b), CCP580 (d) and CCP726 (a). The different components will enable the study ...

INTERNATIONAL BUSINESS OPERATIONS

Introduction Emerging markets in developing economies have great future comparing with the firms from developed markets. The developing economies face a lot of challenges in comparison with well-established firms. In the next decade, there are opportunities essential in promoting the emerging market. The firms in emerging market have looming future in the production and manufacturing sectors. The essay describes the opportunities and challenges that the firms from emerging market face and comparing them with firms from developed markets. Furthermore, the essay will establish and elaborate on these opportunities and challenges comparing the firms in both emerging and developed markets.

Opportunities and Challenges for Firms in Emerging Markets

...

Motivation is important in any marketing segment because it stimulates the behavior of consumers. The tension of a need that is not satisfied initiates the motivation process. Marketers should understand the motives that influence consumer behavior so that they can easily convince them to purchase their products. The process of motivating the consumers is not easy because people have different needs, motives, and personalities. The marketers should strive to understand all these aspects for the success of the business. This paper will discuss various challenges and difficulties that the marketers encounter as they try to motivate the consumers. It ...

Assignment 5: Capstone

Abstract Dell Inc. deals with manufacturing and selling of personal computers and other computer accessories. Turbo PC was the first product produced by Dell Company, which has experienced gradual growth since its foundation. Various strategies and policies have led to the success of the multinational company over the years. Therefore, the paper covers the effect that the mission, vision, and primary stakeholders of Dell has on its success. It highlights the effect of the six segments of the environment on both the firm and the industry. It also focuses on the SWOT analysis and five (5) forces of competition ...

Introduction

Cash management is a complex task though it seems to be an easy job. It is a highly complex as well as detail oriented task. It is very necessary to effectively manage the cash that the company have. If the company fails to manage the cash effectively, then there will be problem in meeting the financial obligations. Failing to manage the cash effectively will affect the company’s operating, financing and investing activities. In sum, the whole cash flow system will be affected. To facilitate the cash management, the company prepares the cash budget and implements the proper cash ...

Industrial Background

Throughout the modern era, the technology has become a strategic tool for organizational success and necessity for customers. In context to businesses, none of the sector can operate and survive without the institution and usage of information technology (IT). By the utilization of IT, businesses tend to enhance their competitive advantage in the industry. Discussing the customers, they use IT for purposes such as socialization, acquisition of information, entertainment, and educational means. However, this paper aims to use Porter’s Five Forces Model to study the strategic position of Samsung before making a takeover decision. By definition, Michael Porter ...

Abstract

Individuals and business organizations with investment potential or the desire to become investors often find themselves having limited capital to undertake the desired projects. Additionally, most investors are often confused when carrying out analysis to assess the risk of the various portfolio in which they intend to invest their resources. The governments have developmental projects that require more financial resources than their revenue due to budget deficits. Having excess money in the circulation is dangerous to an economy because it results in excess aggregate demand that produces inflationary gaps. As such, the government must regulate money supply to ensure ...

Question 1

Conditions That Will Exist If Tuition Is kept Below Equilibrium Price When the tuition is set at a fee which is below the equilibrium, the demand will be more than the supply; thus there will be a distress situation that is not conducive to education. This would show a good effort by the government, as people will see it as a show of constructive and admirable strength by the government to make education relatively cheap. The effect of this is an increase in the number of students’ intake and in a great way and educated society. This situation is ...

BOP Assignment

A firm’s internal and external environment affects its performance in the market. It is worth noting that there are several tools of analysis used to determine the manner in which a given organization performs in its environment. Business operations take place within an environment. The environment factors are classified into internal and external factors depending on the type and ability of the firm to control. In this case, BHS is an example of an enterprise that was bought by an investor and merged into his wider business. After a while, it was on the verge of collapse, and ...

Did Jim and Laura Buy a New Car

Business

Did Jim and Laura Buy a New Car The case recalls Jim and Laura as the complainants against Stan who is a car salesman claiming that the couple had entered into an agreement to purchase the 4-door blue Sedan by depositing $100. The facts of the case show that Jim and Laura visited the car dealership where Stan is an attending salesman who accommodated the former. Jim and Laura was interested about the blue 4-door sedan, and decided to give Stan $100 for the purpose of holding the unit for a ...

Strategic Messages to Different Stakeholders

Key message to executive: Introducing a new CEO Objectives: Issues: According to Koyne & Koyne (2007), the executive should know that the new CEO and managing partners are likely to reorganize the company through layoffs and dismiss top management. However, the top management can tell the new leaders that they want to help them achieve implement the changes. Porter, Lorsch &Nohria (2004) established that CEOs should focus on managing the organizational structure and not on daily operations. Additionally, the CEO at BrightStar should understand that his position does not give him the right to lead or a guarantee that the ...

Contract of Sale of a Good and Legal Obligations of Concerned Parties

Introduction This research paper presents an analysis of a case study and is written to address breach of law of contract concerning sale of a good (bicycle) by a last year student named Jonas. He placed an advertisement in one of the sports magazine making an offer to the general public to sell his bicycle. Jonas was approached by two first year students named by Sarah and Saleh at different times on the same day. As this last year student was not aware about the telephonic message placed by Sarah, he sold the bicycle to another first year student ...

Today most products that reach the growth stage of the product life cycle have to do with technology. In order to ensure that they are accepted by the public, marketers have to fine-tune them several times before they approach the growth cycle (Boone & Kurtz, 2015, p. 401). This paper will discuss two common offerings that are currently in their growth stage as well as potential threats to their further development and possible techniques for their elimination. In order to guarantee success, practitioners strive to stimulate the demand for a new-market entry (Boone & Kurtz, 2015, p. 401). Correct choice of ...

In your own words, define a market? How can market research help an entrepreneur identify a market?

In my own thinking, a market is either a virtual, such as online platform, or physical position where potential and actual buyers are present and sellers are ready to satisfy the needs of such buyers. In a market, an entrepreneur needs to conduct a market research since it is only through the research they will be able to collect relevant data concerning the market needs. Through market research, an entrepreneur will be able to identify a market as it provides an opportunity to spot a gap.

Describe social media marketing and mobile marketing.

Social media marketing is the use of new technologies such as the social ...

Marketing Communication Plan: Contemporary Marketing Communication

Marketing Communication Tools Advertising Advertising is a typical component of the communication mix for many businesses. It encompasses a variety of messages that the business will deliver using a particular medium to reach a targeted audience; the medium is usually paid for (Kelly, Lawlor & O’Donhue, 2005). This method would be effective for the introduction of the Samsung S6 product into the Irish market as it would inform the targeted customers of the availability of the brand in their location. Advertisements are usually made on radio or television stations, print media as well as through website placement (Fill, 2013). ...

Moral hazard in equity contracts

In some instances, the seller of security is driven by incentives to conceal information from the purchaser and may engage in detrimental activities. This constitutes the problem of moral hazard in equity contracts. An example is the problem of Principal-Agent, which concerns the separation of possession and management of firms. The executives in corporations in this case only own a small share of the firm compared to the principals/share-holders. The managers then opt to pursue their interests at the expense of the firm's profitability bringing about a conflict of interest between the shareholders and corporate management (Banerji, and Basu ...

Introduction

The case dwells upon the situation, in which a new Major Accounts Management, Zain, who recently joined the organization Zoro Stationary, found himself, ones trying to adjust to the new environment. The reality demonstrates that the previous experience of this professional, which encompasses over ten years in one of the major regional clothing and household retailers allowed good insight into the purchasing and customer behavior. The challenges, associated with the change of the industry, corporate culture and personal diversity, however, built on a number of difficulties in adapting his skills to the new role. The learning process within the ...

Answer 1. Public Relation( PR) and advertising play different roles in business promotion. While advertising relates to creating paid announcements that are promoted via various media channels, PR is a strategic communication process that aims to strengthen the mutually beneficial relationships between the organization and public as a whole. Unlike advertisements that are more or less targeted to customers, PR's ambit is much wider that includes employees, stockholders, suppliers, government regulators, interest group and the press. Furthermore, advertisements have fewer takers when it comes to credibility. Customers view it as a core marketing tactic to sell or promote organization's ...

Business

Assignment 1. The Market Assessment.

Introduction

The subject of the current research is the company Express Oil Change & Tire Engineers and its office in Cookeville, TN. This company provides a wide range of the services for the car owners. The most popular service is a 10-minute oil change that also includes some examination of the safety and mechanical conditions of the vehicle (Range of Auto Services Offered). The company has been established in 1979 and throughout 37-years, it has grown into one of the leading automotive service providers. Nowadays, there are more than two thousand of the company’s offices ...

1. Fixed costs are costs that are not directly changed by increasing or decreasing the scale of production in the short term. They take a place even in the case when the company produces nothing, that is, their value does not depend on production volume. The types of fixed costs: depreciation, rents, costs of capital repairs, the percentage of the loan for the purchase of equipment, payment of taxes, insurance premiums, administrative expenses etc. On the other hand, variable costs are such costs, the value of which directly depends on the scale of production. The types of variable costs ...

Business Role-play: Negotiation

Business Role-play: Negotiation

Introduction

This negotiation took place between two different teams. The first team, made up of three team members, was tasked with selling a product to the second team for sale in retail stores in the Kingdom of Saudi Arabia. During this negotiation, both teams had a clear goal: to make a good business deal and build a good relationship with members of the other team. This was mainly a preliminary negotiation, which means that both teams were talking primarily about a single product. This product is a protein powder, which team 1—the sales team—claims is ...

Individual Assignment: PESTLE Analysis

INDIVIDUAL ASSIGNMENT: PESTLE ANALYSIS Introduction Various methods could be used to analyze the external factors that affect a business. The paper covers the PESTLE and Porter’s five forces analyses of XYZ Company that deals with oilfield’s services.

The PESTLE analysis deals with the external or macro business factors and helps in identifying the current situations, providing a solution and marketing strategies to be followed. Yüksel (2010) argues that, “They could be political, economic, social, technological, legal, and environmental” (Yüksel, 2012, p. 52). It ensures that threats are minimized, and opportunities are utilized to the advantage ...

An Analysis of Merger & Acquisition Strategy

Introduction There has been a major fall in the oil prices in past two years from 2014-2016. The decline in oil prices has led to a major impact on the energy sector making it difficult for energy producer companies to survive. However, despite the falling oil prices and damp prospects, there has been a major announcement of merger and acquisition that touched the $300 billion dollar mark in 2016, while the deal announcements in 2015 were in the tune of $3.2 trillion across the globe. Most of the surge in the energy sector is attributed to some of the ...

Factors that Influence Purchasing Relationship in Automobile Industry of China

Introduction The USA, Western Europe, and Japan markets for the automobiles are almost stagnating causing an increased attention and concern to the world automotive industry. They have turned their interest in China market for cars. This is associated with the fast growing economy in China unlike that of European nations and the USA. The Chinese market for cars is indeed the turning point for all auto companies. The environment is conducive to start production in China to supply the potential markets and then export from there to other world markets. This literature will focus on the purchasing relationship in ...

DD Month YYYY

In the modern business world, many companies dream to become world leaders. However, such goal demands a variety of hard work and costs a lot for its creators due to the fact that new market can have several unexpected issues. For instance, cultural differences may create sufficient problems for the successful international market entering strategy. In addition, in some cases, new market demands from a company to build its reputation among potential buyers from the beginning. As a result, it will lose time as well as normal income. Truth be told, there are several strategies in ...

Introduction

Legal Documents/Agreements for day to day Management of New Business Venture One of the documents that would be needed for the day-to-day management is the article of incorporation. It enbles the ownwers to be successful in starting the business. A key mistake that start-up owners make is the failure to provide an appropriate structure. It can be understood by the fact that if the company’s ownwers do not identify an appropriate legal structure, it can lead to high level taxes and legal liabilities. Hence, the companies should fill with the Internal Revenue Service to develop a specific legal ...