Why does organisation undertake market research?

Why does organisation undertake market research? 1) Why does organisation undertake market research? What methods could they use? 1) The collection, analysis and communication of market to assist decision making in marketing is market research. Methods of market research: 1) Primary research: primary research includes getting such data that is not already used by any other organisation. It is especially made to get answer of some specific question that an organisation wants to procure. To get primary data a business should carry out field research: Face-to-face interview- Interviewer gets information from people. (Example-by visiting different houses on different streets) Telephone interviews- Same question like face-to-face interview are asked although often shortly. Online survey- Using internet is prominent way of getting primary data and it is also less expensive than other sources to get primary data. Questionnaires: Questionnaires are sent in post to get the information. Advantage of primary search- A) up to date B) Specific to the purpose C) No other business has access to collected data Secondary data- includes data that is already available. This data has been collected by someone else for another purpose. Secondary research involves exploration of secondary sources of data. Source of secondary data can come from within the firm itself. This is also known as internal secondary data. External secondary data is data that has been published by other firm. Advantages of secondary data: A) Ease of access B) Low cost of acquire C) May answer research question Types of market research: 1) Quantitative research- Statistical basis gathers statistically valid, numerically measurable data Usually related to data on market-size, market shares and growth Sampling plays a key role Data is gathered through surveys Concerned with obtaining hard copy 2) Qualitative research Subjective and personal Concerned with finding out soft information Main purpose is to understand consumer behaviour, perceptions and attitudes Obtained by methods designed to get detailed responses e.g. interview Research topic are usually explored in some depth There are two main qualitative methods- A) Depth interviewing: In most business markets depth interviews are very important form of qualitative research. B) Depth discussion: Focus groups are the main stay of consumer research. Here several customers are bought in discussion. These groups encourage creative ideas from participants. Purpose of market research To gain an understanding of markets To identify changes in the market To improve market answers To gain an understanding of customers needs To reduce the risk and uncertainty To forecast market trends To provide a sound basis for marketing decision To support marketing planning Importance of market research Research is not only used for learning. It is also used to make good decision. While research is key to Decision Making. It does not always to be effective. Some time small efforts such as doing research on internet provide needed information. Marketing research is becoming more important day-by-day by which the firm can get more profits. By market research firm get know about their customer taste what the customer want how much they can pay for the product. By doing market research we get information about other products their pricing and what needs to be done for a good promotion. Conclusion: From above discussion we can say that market research is way to get information about the product, customer and market. There are couple of method for market research such as discussed above primary research and secondary research. In primary research data is collected by face-to-face interview, telephone interview, online survey and questionnaires.   Secondary research is data which is already gathered by someone for another purpose. There are two types of market research as discussed above quantitative research and qualitative research. There are two type of qualitative method depth interviewing and depth discussion. With help of market research firm can procure a lot of information about the market, products, promotion, and distribution and so on that can be very helpful in taking marketing 2) What are they major factors affecting the pricing strategy of firms? What is pricing? Pricing is a method adopted by firm to set price of their product. It usually depends on average cost of product. Different pricing methods place varying degree of emphasis on selection, estimation and evaluation of costs and market situation. What is pricing strategy? Pricing strategy is activities aimed at finding products optimum objectives, consumer demand, market, economic trend and product price, typically including overall marketing. 1) Internal factors- A) Marketing objective- There are some marketing objective given below- To set a price in aim to cover just variable and fixed cost of a product. To set such price that cultivates optimum profit. To decide the price of product in such a way that they can procure leadership in market share. To set high prices in order to get quality leadership in market. B) Marketing mix In marketing mix, there are especially two alternatives as given below 1) Price positioning- In this, an organisation decides the price of any particular product first and then they take other decisions of marketing mix. 2) Non price positioning- In this process,organstions dont decide price first they opt different kind of marketing mix tools because they think customers dont always go for products of low prices. They opt high prices product in aim to get optimum quality and to show prestige and dignity. 2) External factors: Market and demand factors- In this, the price of a particular product depends on demand of product in the market. If products demand is higher than price can be kept higher but on the other hand if demand is lower than price must be lower to attract a certain range of customers. Competition: Almost all marketing decision including pricing will include an evaluation of competitors offerings. The impact of this information on actual setting of price will depend on the competitive nature of market. Government regulations; There is some governmental regulation that applies in deciding the price of any particular product. Marketers cant be price dictators they have to follow some rules and regulations made by government. Government have decided a certain level of price limit that cant be crossed or overcome by any marketer. Conclusion:- From the above discussion we can conclude that pricing is method to set a price of product by a firm to get higher profit or to survive in market. Pricing strategy is activities finding product optium, consumer demand and market needs to set a price. There are several factor affect price decision internal and external factor. Internal factor include marketing objective and marketing strategy. External factors include nature of market, demand competition and government regulations. All these factors play a vital role in pricing strategy of firms. 3) What are the main criticisms against marketing? To what extent are these criticisms valid? Marketing have thousands of benefits but even after that it is criticized due to some reason. There are some common criticisms against marketing. Marketing encourage people to purchase what they do not need: Possibly the criticism most frequently made about marketing is that marketers are only concerned with getting customer to buy whether they want the product or not. As we will discuss, while many marketers are guilty of manipulating customers into making their mind to buy products which they dont need. The vast majority understand that undertaking such method will not lead to loyal customers and is unlikely to lead to longer term success. Marketers adorn product claim: Marketers are often criticized for exaggerating the benefits offered by their product. This is especially the case with part of marketing that engages in customer communication. Such as advertising and sale people. the most serious problems arise when product claim are seen as misleading customers into believing a product can offer a certain level of value but it was not. But few times there is a fine line between what a rational person should accept as a ‘reasonable exaggeration and which is considered as downright deceiving. Fortunately, many countries offer customers some level of protection from misleading claims since such business practise may subject the marketer to legal action. Again using this method is likely to lead to marketing failure as customers dont like anything and will likely not return the product. Yes I think criticism is valid in marketing because marketers only wants to sell the their products they dont want customer to satisfy with the product their mean of selling product is only selfishness they only want profit nothing more than it. In some countries customer cant claim product if he/she is not satisfied with product this is because in some countries people buy products for occasionally use after that the occasion they claim the product and get money   back due to this marketers dont want be loss so they kicked claim policy in some countries but by this customers are always think twice before buy product in that country where we cant claim product so by this some real claim are disclosed due to no claim policy by which customer are dissatisfy so criticism is valid up to   high level in marketing I think so. Conclusion:- From the above discussion we can say that market is seen as benefits to firm and society there are a number of criticisms against marketing like to create a need where there is no need, so much exaggeration about products and false promises to the customers in aim to just increase the sale. So up to some extent these criticisms are valid but not all are alike. Has Feminism Achieved its Goals? Has Feminism Achieved its Goals? This essay will assess the question: has feminism achieved its goals? The essay will outline the three strands of feminism. The first section focuses on Liberal feminism which asserts the idea that in order for feminism to achieve its goals it must create equality among men and women. The second section turns to socialist feminism that believes that the only way feminist goals can be achieved is with the overthrow of the capitalist system and that of patriarchy. The Third and final section analyses radical feminism that advocates the goal of political lesbianism. This essay will conclude that feminism has not achieved its goals, however Liberal feminists believe their aim for equality is achievable in the near future. Has Feminism achieved its goals? Feminism as an issue first became prominent in the 17th and 18th century in France and America. It was not until the suffragette movement of the 19th century that feminism was seen as important in Britain. The scholar Estelle Freedman compares first and second-wave feminism saying that the first wave focused on rights such as suffrage, whereas the second wave was largely concerned with other issues of equality, such as ending discrimination.  [1]  Feminism is a contested issue, therefore difficult to define, due to the fact that feminism has a directory of meanings, however the term feminism can be used to describe a political, cultural or economic movement aimed at establishing equal rights and legal protection for women. Within feminism there are many strands, the most important and commonly known strands are Liberal, Socialist, Radical and more recently Post-modernist. Within these strands there is an on-going argument of whether or not feminism has achieved its goals. Early feminism was heavily influenced by liberalism. Liberal Feminists main goal comes from the liberal idea of equality of opportunity, freedom for the individual. The idea that everyone, both men and woman deserve to be considered to be of equal worth. However these liberal feminists take into consideration that this is not the case in society. Their goal thus being to create a society consisting of a culture of equal rights. They believe that womans subordination is a product of stereotyping, for instance seeing a woman as a mother only. It is often implied that feminine behaviour is a weakness meaning that men are seen as the stronger part of society, creating this inequality. Friedan sees this as the feminine mystique which she refers to as a cultural myth.  [2]  This is the idea that woman see certain things as more important; for instance the need for security and love is typically seen as feminine, whereas success and superiority is typically seen as masculine. This assum ption thus disadvantages women and separates them from entering employment. Liberal feminists therefore dismiss the notion that biological differences make women less competent than men, and believe that societies socialisation patterns need to change, so that gender socialisation does not occur, in other words males and females need to distance themselves from stereotypical roles. As both men and women our humans, they should have the same type of freedom and rights. Wollstonecraft asserts this view claiming that the distinction of sex would become unimportant in political and social life  [3]   Liberal Feminists believe that they can achieve this goal of equality through reform, for instance laws against sex discrimination in employment secures equal opportunities for woman. Added to this, they have the belief that society should not be organised by gender, but as Mill puts it: according to the principle of equality  [4]  and that accidents of birth like the sex of the child should be irrelevant, thus suggesting that women should be open to all the aspects of society, just like men, having all the rights and liberties that men enjoy such as the right to vote. Liberal Feminism is an optimistic theory, and overall believes that the goals of feminism are progressing and that over time gender equality will become the norm. This progression can be seen through different rights such as the right to initiate divorce proceedings and the reproductive rights of women to make individual decisions on pregnancy. Thus they believe that the goals of feminism may not be achieved at this moment in time, but the changes in society mean that soon they will be. Liberal feminists have been criticised for this over optimism, they see the obstacles to equality as simply the prejudices of individuals or irrational laws, ignoring the possibility that there are deep seeded structures causing womens oppression, such as patriarchy. Socialist and radical feminists criticise liberal feminists stating that one needs to recognise the underlying causes of female subordination, and that it is naive to believe that changes in the law will be enough to bring equality. Instead, they believe that revolutionary changes are needed. Socialist feminists connect the oppression of women to Marxist ideas about exploitation, oppression and labour. They think unequal standing in both the workplace and the domestic sphere holds women down. Socialist feminists see prostitution, domestic work, childcare and marriage as ways in which women are exploited by a patriarchal system that devalues women and the substantial work they do. They focus their energies on broad change that affects society as a whole, rather than on an individual basis. They see the need to work alongside not just men, but all other groups, as they see the oppression of women as a part of a larger pattern that affects everyone involved in the capitalist system. Socialist feminists dismiss the liberal feminist view that womens subordination is due to stereotypes. They see womens subordination as rooted in capitalism; although men may benefit from women, the main beneficiary is capitalism. For them the tension between men and women is due to the economic structure of society and only by overthrowing capitalism will women be equal to men. Thus their goal is: a revolution- that is they believe that the subordination of women can only be understood in terms of economic factors, for instance the idea that women are unpaid workers in the home. This subordination performs a number of functions for capitalism: women reproduce the labour force; women absorb the anger of men. Ansley for example describes wives as takers of shit  [5]  . It is for these reasons that womans interests and thus their goal should be the overthrow of capitalism. If this is their goal, then it is quite clear that feminism, according to the socialist feminist side has not achieved its goals. However modern socialist feminists refuse to look at the status of women in terms of economic factors and instead focus on the cultural roots. Mitchell suggests women perform four functions in society: 1) members of the workforce, 2) reproduce the human species 3) responsible for socialising children 4) sex objects.  [6]  Looking at this, the only way according to modern socialist feminists to achieve their goal is if they separate themselves from each of these areas, not just the idea of capitalism being replaced by socialism. This has yet to be achieved. Many criticisms have been made of socialist feminists. For some, they fail to explain womens subordination in non-capitalist societies. As womens subordination is also found there. Unpaid domestic labour may benefit capitalism, but it does not explain why it is women and not men who perform it. They place insufficient emphasis on the ways in which men and not just capitalism oppress women and benefit from their unpaid labour. Radical Feminism dismisses both liberal and socialist feminism, focusing on gender as the reason for all social divisions. They consider the male controlled capitalist hierarchy, which it describes as sexist, as the defining feature of womens oppression. Radical feminists believe that women can free themselves only when they have done away with what they consider an inherently oppressive and dominating patriarchal system. For them the key concept is Patriarchy: which literally means rule by fathers and is seen process of gender oppression. Patriarchy has come to mean a society where men dominate women, that there is a male-based authority and power structure and that it is responsible for oppression and inequality. As long as the system and its values are in place, society will not be able to be reformed in any significant way. Patriarchy is universal, existing in all societies. According to Firestone the origins of patriarchy are in biology; women bearing children makes them more dependent on men. However this is criticised by De Beauvoir who believes that the position of women is based not on natural factors but social factors, showing a critique of patriarchal culture. The basis of radical feminism is the idea that sexual oppression is the biggest feature of society and that other forms of inequality for instance class exploitation take a back seat. For radical feminists patriarchy is the biggest form of inequality, men are womens main enemy. Most radical feminists advocate the idea of separatism and Political lesbianism. Separatism refers to the idea of living apart from men creating a culture of female independence. Political Lesbianism is the idea that women become involved in lesbian relationships for political reasons. Many radical feminists argue that lesbianism is the only non-oppressive form of sexuality; feminism is the theory; lesbianism is the practice  [7]   The relationship between men and women must be transformed if women are to be free. Radical feminists argue that women and men should be separate, women should raise their consciousness about womens oppression in women only groups and they stress that political lesbianism is the only non-oppressive form of sexuality. Thus, this means that the goal of radical feminists is to live separate lives from men. However they recognise that this will not solve all the problems of the patriarchal society. Some radical feminists see no alternatives other than the total uprooting and reconstruction of society in order to achieve these goals. These goals have clearly not been achieved as heterosexual relationships are still the norm, although having said this there has been a rise of homosexual relationships in the last thirty years. Socialist feminists argue that class, not patriarchy, is the primary form of inequality. They also argue that capitalism is the main cause and beneficiary of womens oppression, and not men. Radical feminism offers no explanation of why female subordination takes different forms in different societies. It assumes that all women are in the same position and ignores class, ethnic differences. Liberal feminists argue that womens position has improved greatly and that women are now more equal to men. These three strands represent the different views and ideas of different feminist theorists. Although they all have different opinions, having considered all the arguments it is clear that they all believe that feminist goals have not been achieved. Liberal feminists believe that they are well on their way to achieving equality, whereas both socialist and radical feminists disagree. Socialist feminists asserting the view that an overthrow of capitalism is needed, whereas radical feminists assert the view that in order to be free they need to live separate lives from men.

Open Government Essay

The U.S. and UK present data to people in all sorts of diverse ways. One way is through internet traffic going to their different websites. This paper will look at four different websites, two from the US and two from the UK, and compare and contrast how the data is presented. It will analyze the impact the data has on professional, ethical, legal, security, cultural or social issues and responsibilities. The basic design of the sites, the ease of use, and the type of data presented will also be taken into account. The overall goal will be to get an idea of how these two governments present information to the population they serve. The first site web site is the WHITE HOUSE. When entering this site, the first thing the viewer will notice is the big weekly address topic panning through the top half of the page. This panning image with links to further information, changes with a few other topics of the day/week which also have links with photos/videos and more information. Another nice aspect is the lack of advertisement. This makes the site standout out as being very professional and important so the reader just focuses on the topics on the page instead of wondering off or getting distracted. There are the typical tabs above the panning topic which allow the viewer to dive deeper into different categories that are offered which relate to the White House such as a Blog section, Photos & Video, Briefing Room, Issues, the Administration, White House, and Government. When scrolled over, a drop down menu shows up with more in dept subcategories for that tab. Under the panning topics, there is a featured topic, with a small picture and a brief description. The option to browse through different topics in this featured section is available. Also underneath the panning topic, taking up a smaller portion of the screen on the right, there is a search engine. When the viewer searches for a word or phrase it basically takes them to a Bing search page with all the results, but all the results are from the WHITE HOUSE website, whether they are articles, relevant posting or blogs, all tied to the website. Scrolling further down the home page further, there’s links to several blog postings by White House correspondents, the White House schedule of events and featured legislation (the link actually takes you to the Bill) with the option to comment on pending legislation. Next to these on the right, there’s a place to create and sign petitions, the photo of the day, a spot to sign up for email alerts and a way to stay connected through Facebook, Twitter, Flickr, Linkin, YouTube, etc. All these different avenues to venture down seem to be placed on the home page in accordance of relevance and popularity. Besides the panning topics, there seems to be a lot of emphases on the blog links. This site is easy to navigate through and there seems to be no wasted space or filler content and that the links all lead to topics of relevance and interest. Basically this site was designed for viewers to get an overview of what is going on in and around the White House. Topics are focused on current events and informative blog postings with White House perspectives through the blog writers with a little bit of posts that aim to strike peoples interests. Links to any information about the government and its components and what they are working on is also readily available. This site seems to be well run and designed for what it was intended to due which is to get information out there that is informative and a little bit of entertainment all relative to what the White House and their people are doing. The website Number 10 is the official site of the British Prime Minister’s Office. Like the WHITE HOUSE site, the main focus is a panning banner that has the top headlines rolling through and some tabs above to take the viewer to links on News, Policy, The Coalition, History & Tour, Transparency, and Take Part. There is also a search engine, but it looks to be run by the actual website itself. Under the panning topics taking up the majority of the screen, there’s a section, Policy by Department, with around 15 or so thumbnail pictures symbolizing different categories the viewer can click on from Afghanistan to business/economics to education to the environment, etc. The thumbnails take the viewer to a different web page on the same site with an in depth look at the category selected. When the page is scrolled down past the policies section there’s the Take Part section and a Transparency Section. Both have links to go further into whatever subtopic is selected. To the right side of these sections, taking up a little less screen space, there is options set up to follow Number 10 through Twitter, Facebook, Flickr, and their own app. Also, instead of using the tabs above the panning topics for some categories, they have little sections down the side to click on. Near the bottom, there are three more sections which reference Real Time Energy Use, Meet the PM, and Budget 2012. This was another website designed to give you information on want is going on in the government, more specifically, the Prime Minister’s office, like the WHITE HOUSE site for the UK. Focuses are on what they are doing and ways people can also contribute or â€Å"Take Part†. There also seems to be a theme of being open with their transparency section and the breakdown of energy use and the 2012 budget break down. The Number 10 site is also very user friendly and pretty self explanatory. Viewers can get their information with relative ease through the provided links. All four of these sites the focal point is on government. The first two (the WHITE HOUSE, Number 10) concentrate more on the office of who running the specified country, while the latter two circle around a broader spectrum of the two governments, the Senate and the Parliament. It’s easy to see the difference between the first two sites and the last two sites. The first two are more tailored towards the President and Prime Minister and are definitely more interactive with videos and pictures, making them more alluring to the viewers. The Senate and Parliament look to be more standardized, especially the Senator site.

The Argument About Personal College Essay Samples Crimson

The Argument About Personal College Essay Samples Crimson The One Thing to Do for Personal College Essay Samples Crimson I'm not scared to push limits and earn a statement. By learning how to take things apart and critique, you will also learn to compose the statements better. It is very important to remember that a few of these statements could be using prompts that are no longer accepted by colleges. Your college application admission letter or essay is among the most essential documents you could ever write. One of the most usual mistakes on college application essays is students hoping to fit in too many crucial messages into a brief essay. Try to remember, an admission essay sample may be a good way to find out more about the writing procedure and understand the task better. Needless to say, colleges would like you to compose an essay so that they can assess your writing ability. Share the one thing which you learned. The very good news is, I can provide help. There's great news and bad news in regards to college essays. Think, for a minute, about reading your favourite book. The insight he's gained from it. It is a good idea to look for the one which has a very good reputation and offers high-quality papers at very affordable rates. They have sites that offer direct contacts between writers and customers and let them discuss details and get the ideal result. Additionally, a customer may ask the writer to submit part of the job for review and, if needed, ask them to make corrections. A level of Berklee school of music is going to be evidence of my capacity to teach not merely the custom of playing guitar, but the theory which goes behind it. The slang also emphasizes this region of the letter. Don't cut and paste the identical essay for every single school. Here are twenty-two of the greatest hooks Stanford applicants have to give. This approach represents the previous step in your children's journey to her or his dream schools, but more to the point, to be in the very best place to accomplish their educational and career targets. However, this doesn't isolate students by forcing them to work with only those people who follow their particular discipline. Therefore, many students and employees decide to obtain inexpensive essay rather than writing it themselves. Ladies live social living within the total culture. While in the Army, I had the terrific honor to serve with different women and men who, like me, fought to earn a difference on the planet. Now, it's going be useful to have a look at a why us essay which works and figure out just what the author did to create a meaningful response to this challenging question. He wasn't the happy guy I'd known and it became all too apparent that Jim wasn't ready to take the following actions in his life. The author starts with a rather thorough story of an event or description of an individual or place. Now you need to sift through all your notes to discover the three to five things that genuinely speak to you. Although the author is an extremely gifted academic, he shows he isn't above flipping burgers. Receive a custom written paper and make sure your academic future. Occasionally it's helpful to observe how others were able to get over the difficult first-line hump. Using the exclamation mark provides the sentence that Eureka moment. Ultimately, the detail of true speech makes the scene pop. Always get another pair of eyes someone else to take a look at your admissions essay. The Personal College Essay Samples Crimson Pitfall The essay isn't so hard when you get started putting ideas down. A blank essay isn't a good essay. Let EssayEdge help you compose an application essay which gets noticed. When you sit down to compose your application essays, there's very little left that it is possible to control. Possessing good essay examples provides the reader an in-depth and on-the-court idea about what a well structured and coherent essay appears like. These connections is going to be the skeleton of your essay. And they're the 2 keys to any excellent essay. Now, employing a sample college essay isn't the exact same as plagiarism.

Article Review on Mental Illness Essay examples - 1007 Words

Jennifer Tozier Compentency Assignment 1, Review #2 Dr. Besthorn 09/15/2012 I chose to write my article review on the article entitled, â€Å"How clinical Diagnosis Might Exacerbate the Stigma of Mental Illness.† It is a not new concept that people are consistently drawn to a labeling others with a stigma, and this article delves into how we as social workers can (unintentionally) either encourage that stigma or hinder it based on the presentation to the client and to the public. A key point to the article talks about three kinds of potential ways stigma hurts a client. The first was being label avoidance. Many people do not want to admit to a mental illness, let alone get it treated because of how they might be perceived. Those that can†¦show more content†¦The article does an excellent job of describing how once a person is diagnosed with a mental illness it draws diversity in how they might be labeled and construed in society, similar to how they might be treated if they were a minority group. Research shows that this stigma â€Å"groups† individuals once they have been diagnosed with a mental illness, regardless if the client demonstrations any abnormal characteristics. The author did a terrific job of discussing the different stigmas that mental illness produces. It talked about how society or the majority labels a person with mental illness and the way a person can label themselves, both which produce disastrous results. I can see that this is a relevant article in the field of social work, because social workers can shape the way the client is perceived, both by the majority and the client all in the way they identify the illness. I understand that the article is talking about how the diagnosis can exacerbate the stigma, but I did not get a strong hold on ways to diagnosis it in an improved approach. The paragraph talking about diagnosis as a continuum seems like the closest point of reference for me, as an approach, but as it suggested this dimensional approach is not familiar to most clinicians. It seems once again there is only so far workers can go, with theShow MoreRelatedThe Global Humanitarian Assistant Report1583 Words   |  7 Pagesdem and, they have a greater risk of developing mental health problems than the general population (Ager et al., 2012). This paper reviews and summaries 12 research studies done between 2005 and 2015, to determine whether Humanitarian Aid workers (HAW) are at risk of developing mental health problems i.e. Post-Traumatic Stress Disorder (PTSD), depression, anxiety, stress and panic attacks in trauma related incidences. 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Essay about Biography of Adam Smith - 3516 Words

Biography of Adam Smith Smith was one of those 18th century Scottish moral philosophers whose impulses led to our modern day theories; his work marks the breakthrough of an evolutionary approach which has progressively displaced the stationary Aristotelian view Invisible Hand:-  § Every individual necessarily labors to render the annual revenue of the society as great as he can. He generally indeed neither intends to promote the public interest, nor knows how much he is promoting it. He intends only his own gain, and he is in this, as in many other cases, led by an invisible hand to promote an end which was no part of his intention. By pursuing his own interest he frequently promotes that of the society more effectually than when he†¦show more content†¦They are themselves always, and without any exception, the greatest spendthrifts in the society. Let them look well after their own expense, and they may safely trust private people with theirs. (vol. I, bk. II, ch. 3.) Science:-  § Science is the great antidote to the poison of enthusiasm and superstition. (The Wealth of Nations.)  § A system of natural philosophy [this is how they described science in those days] may appear very plausible, and be for a long time very generally received in the world, and yet have no foundation in nature, nor any sort of resemblance to the truth. (Theory of Moral Sentiments.) Introduction:- Malthus, in his less famous work, Definitions in Political Economy, set down four rules for formulating definitions. Lawyers will readily recognize these as authorless rules which they and the courts have used in statutory interpretation. The first is that when people use words we should expect others to interpret them in their ordinary sense, or dictionary meaning. The second rule -- given that some distinction is required -- is to adopt the meaning as used by the most celebrated writers. In adverting to the terms andShow MoreRelatedThe Biography Of Adam Smith1505 Words   |  7 PagesThe Biography of Adam Smith Adam Smith was born in Kirkcaldy, Scotland in the year 1923, and died in the year 1790 at the age of 67 (Stewart, 1861). His exact date of birth is unknown but was baptized on 5th June 1723. His father was a prosecutor, advocate, and solicitor but passed on two months after his birth, leaving his mother to bring him up. His mother, Margaret Douglas, played a great role in his upbringing, especially in education. He joined the Burgh school where he learned history, writingRead MoreThe Invisible Hand By Adam Smith923 Words   |  4 Pagesperson. Obvious that is Adam Smith. Even though, after ten years or thousand years the economists will recall Adam Smith. Moreover, if you visit United Kingdom you can recognize Adam Smith face in the 50 and 20 pounds. ‘Man is an animal that makes bargains†- Adam Smith (Brainy Quote, (n.d)). That is underling the people’s instinct when they make a deal. â€Å"A person, who received his education through hard work, is like an expens ive Car’- Adam Smith (Brainy Quote, (n.d)). Adam Smith encouraged people toRead MoreEssay about Equality Is the Center of Society703 Words   |  3 PagesIndependence. Abigail Adams, wife of America’s second president John Adams, often wrote to her husband asking him to consider elevating women’s status so that they were equal to men (First Lady Biography: Abigail Adams). In a letter to her husband dated March 31, 1776 Adams wrote that she hoped â€Å"†¦you would Remember the Ladies, and be more generous and favourable to them then your ancestors.† In the same letter she also states that all men are â€Å"Naturally Tyrannical† (Adams, Document 9), a statementRead MoreAdam Smith was born in Kirkcaldy, Fife, Scotland on an unknown date. While the exact birth date of600 Words   |  3 PagesAdam Smith was born in Kirkcaldy, Fife, Scotland on an unknown date. While the exact birth date of Smith is unknown, records show that he was baptized on June 5, 1723. He was the son of the comptroller of customs in his small village; however, his father sadly died approximately six months prior to Adam being born. He was then raised by a widowed mother. Around the age of 15, Adam Smith attended Glasgow University where he studied moral philosophy. About two years later, in 1940, Smith enrolled inRead MoreAbigail Smith Adams is Known as a Silent Hero to Our Country636 Words   |  2 PagesAbigail Smith Adams were borne on November 11,1744. Her parents were Reverend William Smith and Elizabeth Quincy Smith. She had two sisters named Mary Smith Cranch and Elizabeth Smith Shaw Peabody and one brother named William Smith. She lived in a rich family, and her parents had lots of money. She is known as a silent hero to the country. Abigail Adams was the wife of John Adams, the first Vice President, and the second President of the United State. She was important for being an unofficial adviserRead MoreEconomics Essay1090 Words   |  5 Pagesfundamental impact upon not only the United States of America, but also upon the world. Adam Smith, David Ricardo, John Maynard Keynes, Friedrich Von Hayek, Milton Friedman, and Fengbo Zhang are six men who have accomplished just that. Their opinions, actions, and words have forever changed the world of economics. Adam Smith The â€Å"father of economics† was born in Scotland. His birth occurred during the year of 1723. Adam Smith’s renowned book The Wealth of Nations examined the idea of capital and moneyRead MoreAbigail Adams : American History1560 Words   |  7 PagesAbigail Adams Throughout the early times of this country, the idea of women having rights was far from necessary, but there were a few women out there, such as Abigail Adams who held high hopes that one day this nation that the founding fathers were building up, would allow for women to be treated equally as men. Although Abigail Adams was filled with these hopes, she always found ways to be involved in political issues, not only because she was John Adams wife, but she also aspired that one dayRead MoreEconomic View of Adam Smith1193 Words   |  5 Pagesessay I will be defending Adam Smith and his view on the economy and how the government should not be involved in the market place. I will be using evidence John Stossel gives us through the video we watched. Before then I will give you a brief biography on Adam Smith. Adam Smith was born in 1723 in Scotland. Smith, a philosopher and economist who wrote the book â€Å"causes of the wealth of nations† written in 1776 which was one of the first books on political economy. Smith in this book analyzes theRead MoreAlexander Hamilton Character Analysis1267 Words   |  6 PagesAlthough Hamilton himself was an immigrant, he worked against other immigrants, using his political power to make their lives harder to live for them, â€Å"The musical’s concluding sentiments attach an appealing lesson to the title character’s life. As a biography, though, the celebration of Hamilton’s migrant story obscures the darker reality of his political career. Measured in three dimensions-his use of political attacks on immigrant contemporaries, his role in the Alien and Sedition Acts and his adoptionRead MoreAbigail Adams : Women s Rights2063 Words   |  9 PagesAbigail Adams, a woman very well known today for being one of the first figures for women s rights becoming the first lady during her husband, John Adams presidency. Abigail was born on November 22, 1744 and died on October 28, 1818 (The World of Abigail Adams). Throughout her life she had many long lasting accomplishments and was a leader in her household and for women. She helped make the Americas what they are today and helped give rights to woman. Abigail Adams was an important figure because

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â€Å"A stich in time saves nine. † Prevention is always better than cure, if we know that something with the passage of time might become dangerous then it better to take a precautionary step to combat the danger. So how many times you heard your parents and grandparents say this to you- take precaution dear and don’t give your problems a chance to arrive. We will write a custom essay sample on My Planet or any similar topic only for you Order Now So better work now and take precaution instead of fixing the damage later. This phase is applicable in many fields of life: If you are student then you should study every day, but generally all the confusion arises when you study only during exam. When you ignore your study in the early stages then you end up working hard during your examinations and risk your success. There is no need to gamble with your success if you do your studies appropriately on time. You should immediately go to a doctor and start your treatment, if there are certain visible symptoms of a disease, before getting diagnosed with that disease. There have been many cancer cases where the patient did not take his health seriously and later on with further deterioration of his health, he comes to know that he is suffering from cancer and is at the second or third stage. Had he been to the doctor earlier and diagnosed with his disease then he could have been easily cured in the first stage. Even in the case of other diseases early detection helps in taking better preventive measures. Thinking that the disease will cure itself or avoiding doctor visit may result in increase of the problem and expenses even endanger your life. We can take precaution methods by choosing healthy diet and making it a point to exercise regularly. Regular exercise and good nutritious food will make us less prone to diseases, and will also result in a healthy heart, mind and body. Preventive measures taken in work areas also lessen the intensity of suffering. For example if you focus on the market you can save yourself from financial catastrophe by perceiving the future losses. Preventive measure also helps in controlling population. Wise man always use this formula for the success, they never wait for the deadline to come near to start their work, instead they finish their work before deadline, this gives them time to solve any unseen problem that might occur during the process of their work. It is an old saying which holds true in daily life: No man is perfect we all do mistakes. But with the help of act of Prevention one can avoid doing many disasters, complexities, confusion and destruction. We can check ourselves from doing something by thinking about the outcome (that can happen because of our negligence) first and then take appropriate action. Each and every action should be measured carefully because solving the problem will be more time consuming and more painful compared to taking precaution so that the problem do not happen How to cite My Planet, Papers

Jetstar Marketing Strategies †Myassignmenthelp.com

Question: Write an essay onEvaluation of the Jetstar marketing strategies. Answer: Jet Star Airways is an Australian aviation company that offers the air travel service to those who have never been able to manage to pay to fly by giving every day, all day, low fares. Obviously, Jet stars market goal is a low-cost transporter, as its main aim as an aviation company is to entrust to offering a high-quality flight experience with an affordable price (Paley, 2005). Even though through the domestic soul shares, Jet star is presently graded third largest airlines, it offered a service to about 16% passengers on the whole in 2009. Their low price has advanced jet stars ranking while 2006. It is marked that Jet star needs to improve their ranking as it falls after Virgin Blue as well as Qantas (Yu, Cadeaux, Song, 2013). The distribution channel of Jet Star allows the consumers to contact with their products in certain ways like newspaper advertisements, travel agents, online travel agents, Jet stars online website booking service, Jet Star outlets, telephone reservations and so on. In current years, Jet star has expected to enlarge or enhance the number of destinations accessible to the customers. Jet star is enclosed with an enormous diversity of consumers who have been creating a center of attention to this aviation company for different reasons (Holden, 2006). It is very much clear that Jet Star hold their flight destinations according to inhabitants density. Though it is, of course, has resulted in the barring of many famous destinations in Australia. Unluckily, there are numerous problems regarding the fights delay and cancellations and also reported with the quality of service. Three companies are involved with it are Tiger Airways, Qantas, and Virgin. The jet star had started working its domestic services in 2004 as well as international services in 2006. Jet stars competition is with Virgin Blue and Tiger Airways. This company offers low priced fares in comparison with other companies like Virgin Blue as well as Tiger Airways. Jet star's mar ket sections consist of different buyers, whose needs; demands vary according to one's behavior and characteristics. This Jet Star aviation product offers a service to about 14 international companies and performs about 2400 flights in a week. Thus, Jet star is well-known for its low priced flight fares as well as Jet Star should only focus on their continuing selling of their products by a mixture of different sellers, but their actual Jet star product should not change according to their increasing in market shares.Internal analysisThis research offers an internal analysis of the famous airline in Australia is the Jet Star. Jet star can highly compete with the Virgin Blue company, but eventually, they both are the service company. Jet star's correlated marketing strategies and methods which will create the difference between the market loser' as well as market leader'. This analysis will describe a possible solution to some strategic matters tackling the companies to uphold its lo cation and to protect its lucrative in the domestic market (The market for domestic conservatories, 2011). Earlier, Qantas started progressing emails and carrying the customers biplanes and enlarge the destinations universal such as Asia, Australia, America, Europe, and Africa. Qantas offers full service to their clients. Jet star is the additional of Qantas, which mainly focuses on the low priced fares of flights. The jet star has a strong business strategy and also concentrates on the low priced fares of flights. Explanation of two non-financial performances The non-financial returns are that the Jet Star company has come back to profitability after a tough performance in the domestic market against the Tiger Airways and the Virgin Blue, as well as narrowing of failures from its Asian joint ventures (Hussain Islam, 2003). Qantas's resources outcome hung to a causal pretax profit of $81 million for six months that ruined December 31 from a $16 million thrashing in the year-earlier era. The new consequence for Jet Star comprised a pretax profit of $63 million in the domestic market because for the improvement of the yields.Jet star's profits rose about seven percent on power growth of four cents. The company said that returning of the fare and increasing yields stopped primarily from capacity moderation in the southeast Asia and Australian markets.Discussion of two potential risks of implementing the Jetstar marketing strategyThere are various a risk in Jet star marketing strategy is that it is in shape with the endorsement of economic ex pansion, tourism and replacing people into different regions. In some region, there is a downturn, and so it is quite severe in some rural areas. Jet star's network is consistently increasing at the outflow of Qantas, and flying into a new location. Jet star needs a lot of maintenance. However, the aircraft have a worrying amount of potential catastrophes they are a marketing dreadful (Al-Rodhan, 2009). Jet star's low paid pilots uphold the maximum standards of their profession and do not encompass safety. Moreover there are more risks that can affect the organization particularly. Jetstar is providing service in the domestic areas of Australia for a long period of time. But the main problem is that the rate of the journey is same for all. It is a problem because there are various passengers with different financial condition and jetstar is providing service in different region of the country. So this can be considered as a high risk for the organization. Justifications of the marketing strategies Every organization, whether it is large scale or small scale, has their marketing strategy. Organization needs time to make their strategy, and when it is finished, the roadmap is set for meeting the marketing goals. Jet star Company has chosen several strategies to develop new routes. The course that has been made by Jets star offers the strongest opportunities to develop the market and real differences to local economies. Airline Jets star has the four new regional destinations (Bikker van der Linde, 2016). It has a 17 percent share in New Zealand domestic airline market. Jets star organization operates Airbus A320 jets to Auckland, Wellington, Dunedin, and Queenstown. Organization offers jobs to the pilots and fulfills their goals (The Airline market, 2001).The Company needs to stay competitive for the development of the marketing plan. The target market is necessary for the products to sell. A marketing plan provides complete demographics of the target market such as age, locati on, education and needs (Cohen, 2006). The advertising, promotion, publicity helps in marketing strategy. It allocates responsibilities and timelines for each marketing so that everyone comes to know what they are doing and when. Better position in the market is required for the success of a brand or product. Goals can b achieved only by proper planning. The progress of the Jeter organization is essential for the success and in achieving the goal. Meeting customer needs is the major role of the group. The new products, its flavor or taste are all judged by the customers (Young Aitken, 2007). Flexibility is crucial to adjust the growth the team if any hidden events happen. Companies must spend their money wisely with a structured marketing plan; staying within budget. The marketing strategy of the organization brings many other organizations closer. The marketing strategy achieved the desired result. Planning helps the organization to reach and make a profit. Principles of Marketing Specialization The term Specialization is a method of production of business, area or company that focuses on the production for the limited scope of products and services to gain better degrees within an overall system. Several countries, for example, specialize in producing the goods and services that are inhabitants of their part of the world (Copley, 2010). They also do trading for other goods and services. This specialization has the source of global trade, as few countries have enough production to be self-sustaining (Helpman, 2011). It is also an agreement inside a community, an organization or a larger group where the members are fit for activity, and they have the responsibility for its execution. Differentiation The company wanted to make sure it was offering differentiation by adding price to the product without raising the price for the buyers. The marketing strategy of business try to make their product exclusive to stand out from competitors (Krstic Becic, 2011). For example, a person in his/her town can open a coffee shop or a restaurant, for the strategy that the products or services will be accepted by the local community. It creates more sales or more distinct market segments (Castre n, Osbat, Sydow, 2006). Firms like Maruti- Suzuki uses differentiated marketing strategy to attract all segments. Other examples are Hyundai or Microsoft. Company resources should have the market with different sizes, brands or products. Wholesalers and retailers are right with it because it helps them to reach different consumers, allows order and promotes private labels. Segmentation Market Segmentation is the process in which the company develops marketing strategies to help them to understand the portions of markets that are different from one another. Its objectives are to design a marketing mix that matches the expectations of the purchaser in the targeted segment (McDonald Dunbar, 2013). Few companies supply the needs of an entire market and choose those companies who are best prepared to handle. The four factors that affect market segment are in the following ways:- 1) Identification of the segment 2) Measurability of the size 3) Accessibility for the product 4) Appropriateness of the policies and resources of the company Market segmentation strategies are based on four basics:- 1) Behavioral 2)Demographic 3) Psychographic differences 4) Geographical differences Concentration The marketing Concentration means to concentrate on the needs and wants of the organization's key stakeholders (Phillips Freeman, 2010). It shows the customer awareness and preferences, how the firm can influence them and the organization should have profit. The organization must have a full concentration in advertising, marketing sales and public relations. It gives scope to the students who are interested in marketing management career. It also takes up a concern strategy to make marketing efforts and specific market segment. For example, the manufacturer of Relish watches has chosen to concentrate on the luxury segment of the watch market. The organization is supposed to concentrate also on the market development, product development and market penetration to extend the company (Meyer Thu Tran, 2006). 4Ps of marketing E. Jerome McCarthy has coined the word 4PS. It is used by the marketing companies, branding agencies and web design companies all over the world.Product Out of th e four Ps of marketing, the product is first. A product can be tangible or intangible. When a company is producing a new product in the market, they must check the product quality. The product should attract the people with its unique features. Packaging must be eye-catching. The brand name plays a great role for the good (Albu Griffith, 2006). The product must be of good size and variety. Warranty and guarantee of the product are crucial for the customers to buy the product. For example- like eye comic Kajal, it is a good price, smudge free and stays for 7hours. Price It plays a most important role in buying decisions. Price determinations must have profit target, supply, demand, and marketing strategy. A market is a place for competitions of the product. The Same product may vary in prices in the different marketplace (Smith, 2011). The price should be based on market research so that the people are more likely to buy the products. Seasonal discounts attract the people to buy the products in cheaper. For example- 21% discount off for six bottles of Tupperware or discount in restaurants for dinner table on Sunday. Promotion When the product is ready to go out in the market, it needs promotion. Promotion is done for the product or service. It looks at many ways in a marketing agency. Promotion attracts people to buy the product. Promotion contains elements like personal selling(door to door), publicity making news story about the product, advertising in roads or shops, direct mailing to customers from companies (example- Dominos pizza.) Place The place is very vital for putting the right product in the right place and at the right time. An expensive site is required for selling the product so that the customers are attracted towards it. The place is the distribution of products and also to make a profit (Nuseir Madanat, 2015). The ideal location is needed to draw the attention of the people. In today's place sometimes the real deal does not happen in web, it needs the primary place for the people to buy the product. Conclusion The marketing strategy of Jets star company has shown the various ways of planning. It shows how the organization has developed different ways for the achievement. Jets tar Company offers many pilots or cabin crew for jobs. The body makes a marketing plan to make a business profit. The mentioned company has chosen several strategies to determine the organization. If the organization is not able to make a good decision, then they must face higher loss. The company must concentrate on the needs and wants of the organization. Price, place, and promotion are also significant for the product to draw the attention of the customers. If an organization follows the mentioned steps or strategies the company will surely be benefited. References Albu, M. Griffith, A. (2006). Mapping the market: participatory market-chain development in practice. Small Enterprise Development, 17(2), 12-22. https://dx.doi.org/10.3362/0957-1329.2006.016Al-Rodhan, N. (2009). Potential global strategic catastrophes. Berlin: Lit.Bikker, J. van der Linde, D. (2016). Scale economies in local public administration. Local Government Studies, 42(3), 441-463. https://dx.doi.org/10.1080/03003930.2016.1146139Castre n, O., Osbat, C., Sydow, M. (2006). What drives investors' behaviour in different FX market segments?. Frankfurt am Main, Germany: European Central Bank.Cohen, W. (2006). The marketing plan. Hoboken, NJ: J. Wiley Sons.Copley, P. (2010). Through a Discourse Analysis lens less darkly: illuminating how SME principals and support agency practitioners see marketing in SMEs. The Marketing Review, 10(4), 353-368. https://dx.doi.org/10.1362/146934710x541320Helpman, E. (2011). Understanding global trade. Cambridge, Mass.: Belknap Press of Harvard University Press.Holden, S. (2006). Consumers. Oxford: Macmillan Education.Hussain, M. Islam, M. (2003). Different Nature of Non Financial Performances and Their Measurement Practices in Financial Services Industry. Humanomics, 19(3), 18-35. https://dx.doi.org/10.1108/eb018886McDonald, M. Dunbar, I. (2013). Market segmentation. Chichester: John Wiley Sons.Meyer, K. Thu Tran, Y. (2006). Market Penetration and Acquisition Strategies for Emerging Economies. Long Range Planning, 39(2), 177-197. https://dx.doi.org/10.1016/j.lrp.2006.04.004Nuseir, M. Madanat, H. (2015). 4Ps: A Strategy to Secure Customers Loyalty via Customer Satisfaction. IJMS, 7(4). https://dx.doi.org/10.5539/ijms.v7n4p78Paley, N. (2005). The manager's guide to competitive marketing strategies. London: Thorogood.Phillips, R. Freeman, R. (2010). Stakeholders. Cheltenham: Edward Elgar.The market for domestic conservatories. (2011). Surbiton.Yu, K., Cadeaux, J., Song, H. (2013). Distribution Channel Network and Relational Performance: The Intervening Mechanism of Adaptive Distribution Flexibility. Decision Sciences, 44(5), 915-950. https://dx.doi.org/10.1111/deci.12040Krstic, I. Becic, S. (2011). Implementation of marketing strategy: Factor of competitive advantage.Marketing, 42(2), 118-126. https://dx.doi.org/10.5937/markt1102118kSmith, B. (2011). The marketplace. Las Vegas, Nev.: Nazca Plains.The Airline market. (2001). [London?].Young, A. Aitken, L. (2007). Profitable marketing communications. London: Kogan Page Ltd.