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describing a population according to selected charecteristics such as age, gender, ethnicity, income and occupation |
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grouping in which sales territories are subdivided according to geo location |
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--> Brand Loylty- a person who comes back again and again to the same company or brand --> Frequency of purchase |
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1. Products/ Features 2. Price 3. Promo/ Ads (packaging design) 4. Place (distribution) |
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1. Products/ Features 2. Price 3. Promo/ Ads (packaging design) 4. Place (distribution) |
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total amount of goods and servaces produced. Total number of sales average yearly growth this year (-2%) Consumers (70%)+ Business Inv (20% int rates)+ Govt spending (10% building structures, infa-structures, schools) |
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the alternative firms that could provide a product to satisfy a specific market's needs |
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USA 13.8(301m) JAP 4.4(127m) Ger & China 3.3(82m/1.3b) UK 2.8(61m) France 2.1(64m) Italy & Spain 1.4(58m/40m) CAN 1.3(33m) Brazil 0.9(190m) |
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North American Free Trade Agreement (Mexico/ USA/ Canada) --> no free borders for workers |
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18 members (European Union) free borders for workers |
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1. Housing 2. Auto industry 3. White goods/ High end consumer (fridge, computer) |
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--> amount of money that was invested in a company --> measured by P*Q (Price * Number of shares outstanding) |
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* pruduct features * size * function * design * price |
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Organization's appraisal of its internal STRENGTHS/ WEAKNESSES and its external OPPORTUNITIES/THREATS |
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A global market- entry strategy in which a company produces goods in one country and sells in another. Produced goods from one country enter your country |
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strategy in which a foreign company and a local firm invest together to create a local business in order to share ownership, control, and profits of the new company |
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100% Wholly-owned Subsidiaries |
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A company offers the right to a trademark, patent, trade secret or other similarity valued items of intellectual property in return for a royalty or a fee A contractual agreement between a parent company (franchasor) and an individual firm (franchisee) that allows the franchisee to operate a certain type of business under the established name and according to specific rules |
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