Sunday, December 29, 2019
Compare and contrast India and Chinas population
China and India are the two countries that have the highest population in the world. Both countries have realised that family planning and population control had to happen around the 1950s for India and the 1970s for China. This essay will seek to compare and contrast China and India, focusing on what the major problems facing both are, why have they both had to implement policies regarding population control, and the long-term and short-term effects that these policies have on the two countries. The major problem concerning China is over population. Due to overpopulation, the demand for energy to light every house and for petrol to fuel every car is becoming too great. With added pressure of providing for the people, more naturalâ⬠¦show more contentâ⬠¦Around the 1950s, India was the first country to officially establish a family planning program. This program made birth control information to become more readably available. Indias government saw big families leading to continued poverty, and poverty hindering economic progress. Just as with China, India saw foresaw that the country would not be able to feed the masses of people, and the country would eventually use up all of its resources and the population would ultimately breed themselves out of existence. Up until the 1970s, the government used no aggressive force to promote the use of contraceptives or sterilisations. They increased medical care and access to hospitals, and provided education for family planning. In the 1970s the government declared India to be in a state of emergency. Medical workers went out into the slums and poorer regions of India and forcibly sterilised women. The medics were rewarded for how many women they were able to sterilise. An effect that the one child policy has had on China is the improvement of the economy. When there was a larger population than there is now, the economy was suffering. Since the one child policy has had time to take effect, the population has shrunk and the economy can support the population. A negative effect that this policy has had on the Population is that there is an uneven balance of boys and girls. Female infanticide isShow MoreRelatedBriefly Compare the Political Regime Type in China and India. Which of the Two Would You Prefer to Do Business in and Why?1478 Words à |à 6 PagesBriefly compare the political regime type in China and India. Which of the two would you prefer to do business in and why? India and China are two republics that have experienced very opposing political regimes throughout history. China has been fundamentally stable country with a lack of a distinct authority figure (Desai, 2003). Being a single party state China has been controlled by the Chinese Communist Party since the 5th National Congress held in 1927 (Wang, 2013). Correspondingly India, haveRead MoreEntry Market For P G Pampers Division Next Year939 Words à |à 4 Pages Three countries I choose to be the target markets are Mexico, India, and China; and I recommend Mexico as the entry market for PG Pampers Division next year. In order to explain the reasons why I recommend Mexico, I am going to compare and contrast the three countries of the status quo in economics, population, health, business climate (trade), and industry macroscopically. Before analyzing, I have three important points to emphasize in order to explain the reasons why I choose these certainRead MoreMahans Six Elements Of Sea Power Essay1443 Words à |à 6 Pagesthat supported its economic growth. Mahanââ¬â¢s six elements of sea power, economic strength of a country is central to his thinking. These element focuses on a countryââ¬â¢s geographical position, physical conformation, extent of territory, number of the population, national character and the character of government will help us understand the security challenges that face the United States. Using Mahanââ¬â¢s elements of sea power, it is critical, for China to continue to capitalize on their emerging sea powerRead MoreChina And Indi International Journal Of E Business Research ( Raven 104 ) Essay1811 Words à |à 8 PagesChina and India play a crucial role in the world economy, molding and shaping the global markets, despite the differences in the methods of attaining such global prominence. These differences may appear to set the two countries apart completely, but China and India share a number of similarities. Despite having semblable population curves and similar domestic issues, India has been unable to match Chinaââ¬â¢s economic success because of its limited production and distribution capabilities, but its steadyRead MoreEducation in the New Powerhouse Economies: Catching Up or Leading the Way?5758 Words à |à 24 Pageseconomies ââ¬â catching up or leading the way? Discuss in relation to India and/or China.â⬠India and China: Catching Up And Leading The Way In recent years, China and India have both exploded onto the international education landscape as major global forces (Altbach 2009). China is considered one of the worldââ¬â¢s most influential economies (OECD 2010b), whilst India is seen as playing a key role in the global knowledge economy (Agarwal 2007). 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Which of these then emerges as a more favorable investment destination and whyRead MoreWhy China Can Attract More FDI: A Response to Competitiveness in India and China: the FDI puzzle1475 Words à |à 6 Pages Why China Can Attract More FDI: A Response to Competitiveness in India and China: the FDI puzzle In 2008, a serious financial crisis swept the globe, causing many countries economies sunk in depression or recession. After four years, some emerging economies, such as China and India which are the members of the BRICS (the acronym of Brazil, Russia, India and China, which are at a similar stage of newly advanced economic development), firstly got rid of theRead MoreCoffee s Effect On The Global Balance Of Power1292 Words à |à 6 Pageshistory? Tea was becoming a large drink in the economy and cultures of many countries at this time. Tea had already asissted Chinaââ¬â¢s immense empire and its capability to grow. This allowed them to conquer vast new territories, and captured Britain and even many more. Considering this, it appears that the Chinese were the conquering people with the largest. 22. Compare and contrast Europe with China in terms of balance of trade, civilizations, etc. In terms of China, it never separated and united afterRead MoreCritical Analysis Of China s Economy Essay2267 Words à |à 10 PagesName: Course: Tutor: Date: Critical Analysis of Chinaââ¬â¢s Economy Abstract The economy of China has been on the rise at a rapid rate for more than three decades. Most of this growth higher productivity of labor highly contributed to this economic growth. On the contrary, as the economy widens, rate of employment diminishes along with a steady increase of the youth population. This paper focuses on understanding the efforts that led to the growth as well as the setbacks that China might encounterRead MoreHow Management Practices Can Be Varied And Talent Development Issues2150 Words à |à 9 Pagesto be successful in emerging markets or simply think thoroughly the strategies of globalisation, one of the five contexts framework mentioned by Khanna, et al. (2005) is the labour market. They mention that ââ¬ËIn spite of emerging marketsââ¬â¢ large populations, multinationals have trouble recruiting managers and other skilled workers because the quality of talent is hard to ascertainââ¬â¢ (p.67). Therefore, to strengthen the labour markets, multinational companies should focus their human resource management
Saturday, December 21, 2019
My Commitment To Conserving The Environment, Setting Goals,
My commitment to conserving the environment, setting goals, running cross country and track, starting a ping pong club, and volunteering in my local community demonstrates the qualities the LSU College of Engineering strives to prepare in its students. I look forward to further developing those characteristics during my time there. Hands-on problem solving is a routine part of my life because I conserve natural resources, landfill space, and energy by reducing, reusing, and recycling. My family grows fruits and vegetables in our garden, and I supplement the soil by composting plant materials, thereby reducing the amount of waste sent to the landfill. I drink from a reusable stainless steel bottle instead of plastic bottles. I try toâ⬠¦show more contentâ⬠¦At first, I did not even know how to count the rhythm, which switched time signatures every few measures. After spending hours counting it and practicing it slowly, I began to get a feel for the music. Within a few weeks, I was playing it up to speed. It became and still is my favorite piece of music, but only because I put in the effort to figure it out. With a common goal, my teammates and I thrive in cross country and track. Since the team score is based on individual performances, I push my teammates to maximize their potential and vice versa. One time when I was running with a teammate, I started to slow down because I was exhausted. ââ¬Å"No, Shanika,â⬠she said firmly, ââ¬Å"stay with me.â⬠I sped back up and stayed with her. After a while, I started to fall back again. ââ¬Å"Stay with me, Shanika!â⬠she insisted. She knew how to motivate me, and I pushed through to the end. Because of her, that was one of my fastest runs yet. Similarly, I encourage the slower girls to keep up with me. My sister is usually right behind me, and, although I try not to let her pass me, I want her to run as fast if she can. I look forward to joining a similarly supportive engineering team at Louisiana State University that has the common goal of improving peopleââ¬â¢s lives. My involvement with the ping pong club is one way I display an entrepreneurial spirit. It began one day when my friend mentioned that he wanted to start a ping pong club his freshman year but never followed throughShow MoreRelatedComparing and Contrasting Grand Theorists Essay966 Words à |à 4 Pagesand better practice. There are three categories of nursing theories, which include grand theories, middle-range theories and situation-specific theories. Grand theories are broader in scope and more abstract. It includes the mission of nursing and goal of nursing care. Meleis (2012) states grand theories are constructed from a synthesis of experiences, observations, insights and research findings. Middle-range theories are less abstract with a limited scope. It is also easily used in clinical practiceRead MoreCorporate Social Responsibility1375 Words à |à 6 Pageswas to have a setting of Italian elegance, a personal treat and a social gathering spot.(Keller Kotler,2012). Starbuck has worked tremendously hard to store an image that it has become the most frequently visited retailer in United States with an average of 18 times a month (Kotler Keller,2012). Starbucks is known as a responsible company since it started its operation in 1971. It has been a leader in its social responsibility at giving back to its communities , the environment and in its ethicalRead MoreStarbucks : An American Company1697 Words à |à 7 PagesStarbucks ââ¬Å"I always start my day with a red-eye misto - two shots, extra hot, extra foam - from Starbucksâ⬠(Brzezinski, 2015). Starbucks is a familiar word in many homes across the globe. Through being aware of their self -reference criterion, Starbuckââ¬â¢s success doesnââ¬â¢t seem to end. Starbucks goes with the changes of what their customerââ¬â¢s culture wants. Through sustainability Starbucks has created a positive name for their company, and a thorough understanding of sociocultural aspects has led toRead MoreSwot Analysis Of Crowe Horwath Llp1924 Words à |à 8 Pages consulting, and technology firms in the United States. Under its core purpose of ââ¬Å"Building Value with Values,â⬠Crowe uses its deep industry expertise to provide audit services to public and private entities while also helping clients reach their goals with tax, advisory, risk, and performance services (Crowe Horwath LLP, 2016). This huge industry counts with offices coast to coast and 3,000 personnel. In addition, Crowe is recognized by many organizations as one of the country s best places toRead MoreThe Global Water Crisis2648 Words à |à 11 PagesMcDonalds down the street, however, will sell you a 1/3 pounder burger for only 150 gallons. Changes in lifestyle can easily reduce this number and help not only save water, but money as well. Currently, with our diminishing water supply, one of the main goals of humanitarian organizations is ensuring that everyone has the right and equality to water. With global access to water, it reduces the responsibility for political tension between countries fighting to literally stay alive. In developing countriesRead MoreFrederick Winslow Taylor, The Father Of Management Science Essay2249 Words à |à 9 Pagesproject and ensuring team members are trained, but unlike the Taylor approach he appreciates the value of involving project team members in the planning process in order to capitalise on their good ideas and create a sense of ââ¬Å"buy-inâ⬠, ownership and commitment that would not be so evident in Taylorism. 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The global information exchange has certainly contributed to the awareness about ethics and social responsibilityRead MoreFinal Project: Overview of FAOs Strategic Planning Essay6158 Words à |à 25 Pagesin the world urbanized population continues to pose challenges, the FAO ought to stretch its strategic plan towards best agricultural practices. III. Raise standard of living in rural populations- Many of the worldââ¬â¢s poorest people dwell in rural settings where undernourishment is at its highest. The FAO therefore in meeting this mandate is strategically compel to decentralize its operations down to the rural populations where even human capacity endowment is at its lowest. 3. Mission and Values Read More: the Dysfunctional Project Team3681 Words à |à 15 PagesPaper Behavioral Aspects of the Project Management Paper: The Dysfunctional Project Team Lee Jernigan Lavina Hield Roderick Robinson Naomi Brown The University of Phoenix Atlanta Campus, Georgia MGT 573 Project Management in the Business Environment Dr. Abdel Mahdi Al-Husseini, MBA July 24, 2004 Workshop # 2 Behavioral Aspects of the Project Management Paper: The Dysfunctional Project Team The Dysfunctional Project Team This paper will discuss how to make a dysfunctional projectRead MoreBusiness Case Study : Business Case Analysis7304 Words à |à 30 Pagessuccessful. We live in a customer-driven environment and for an organization to remain successful and rank in the top 100 companies it has to have an effective management team with the vision into the future. For this assignment I decided to research Whole Foods Market. This organization is well known for its success and creative management approach. This organization appealed to me because of its core values, its stewardship to the communities and environment and its unwavering beliefs in natural
Thursday, December 12, 2019
Impact of Water Disposal on the Ecosystem and Humans Free Sample
Question: What Impacts of Water Disposal does have on the Ecosystem and humans? Answer: The disposal of wastes affects the environment in various ways. Depending on the type of waste, the impact can either be life threatening to the organisms within the disposal site or have no significant effect. Wastes that can decompose, such as the domestic wastes, may release unpleasant odor after some time due to the formation and release of gasses such as methane (Li, Park, Zhu, 2011). As a result, people will avoid accessing such places. In addition, methane is a greenhouse gas meaning that if the disposal of such wastes occur in large proportions it can contribute to global warming. Disposal through incineration may also have an adverse effect on the surrounding organisms. Burning plastic, for example, releases toxic substances such as dioxins (Daniel, 2012). Moreover, the gasses released due to incineration can pollute the air. Hence, inhaling the gasses can cause lung damage especially if the exposure to the air happens for a long time or if the waste being burned contain harmful substances. The ash from incinerators at times contain heavy metals or even toxic particles that may be difficult to notice. It is hence important to take care when near such disposal facilities. Chemicals from disposed of wastes can also find their way to nearby water bodies. When such a thing happens, the chemical composition of the affected rivers or lakes will change. As a result, the ecosystems like fish habitats in the water will be affected. This may lead to the death of the organisms or those that lie above them in the food chain. Consumption of, for example, fish affected by mercury intoxication may affect people or organisms that eat them. Drinking of water from sources that contain chemicals that have been washed from dumping sites or landfills can also damage the health of people or animals that consume the water. Waste disposal, if not proper can also lead to the spread of diseases. Vermin may be attracted to the disposal sites, and if infected can spread their diseases to other animals or human beings that may go to such areas (Guerrero, Maas, Hogland, 2013). Moreover, wastes such as those from hospitals can lead to infection if not properly disposed of. This is because they may still contain microscopic pathogens. Describe the causes of the topic Wastes disposal is done because of the need to prevent the destruction of the environment due to the accumulation of unnecessary products. Hospitals, for example, need to take the used syringes, cotton swabs or plastics with tissue samples away from the locations of the facilities so that the areas remain clean, thereby minimizing further infections (Chartier,2014). In addition, the wastes from households which include solid wastes from sewers are disposed to avoid making such places unattractive for human settlement. Industrial wastes are disposed of so as to minimize the chances of intoxication. Some of the compounds that result from the manufacturing processes may be harmful to those who work within the plants hence the need to get rid of them (El Haggar, 2010). If this is not done, there are chances that the wastes may interfere with the production process or that manufacturing will stall. Hence, industrial wastes such as silver foils, mercury, and radioactive wastes need to be kept away from those who work within the plants. The cause for electronic wastes disposal is majorly the need to create space for better versions. The rapid pace with which technological changes take place in the developed countries makes a lot of electronic products obsolete within a short period. As a result, they have to be replaced lest they fail to serve those who purchase them as they would want. These wastes , most of the time come from people's homes , or at times from the electronic manufacturing plants (Robinson, 2009). Cathode ray tube monitors, computer motherboards and plastic covers are examples of electronics wastes that may pollute the environment. Waste can also be disposed of for the purpose of prevention of human injury. The non-biodegradable wastes such as glasses from industries or households need to be kept away from those who work or live in these places. Moreover, wastes from nuclear power plants are capable of causing cellular damage hence the need to dispose them before the exposure happens for a long time (Pires, Martinho, Chang, 2011). Some wastes, especially the biodegradable refuse from homes are gotten rid of so as to prevent infecting people when they start to decompose. The wastes from hospitals such as syringes, or needles also can cause injury hence they are disposed after use or in the case of expiry. References Daniel, D. E. (Ed.). (2012).Geotechnical practice for waste disposal. Springer Science Business Media. El Haggar, S. (2010).Sustainable industrial design and waste management: cradle-to-cradle for sustainable development. Academic Press. Guerrero, L. A., Maas, G., Hogland, W. (2013). Solid waste management challenges for cities in developing countries.Waste management,33(1), 220-232. Li, Y., Park, S. Y., Zhu, J. (2011). Solid-state anaerobic digestion for methane production from organic waste.Renewable and sustainable energy reviews,15(1), 821-826. Pires, A., Martinho, G., Chang, N. B. (2011). Solid waste management in European countries: A review of systems analysis techniques.Journal of environmental management,92(4), 1033-1050. Robinson, B. H. (2009). E-waste: an assessment of global production and environmental impacts.Science of the total environment,408(2), 183-191.
Thursday, December 5, 2019
Basic Segmentation, Targeting and Positioning free essay sample
When entering a market, an organisation needs to identify its customers and what its customer needs are. A business canââ¬â¢t go into a market with a product and expect to sell it, because the demand for the product may not be there. It is important for the business to plan thoroughly before entering a market and understand the diverse nature of a market. For example, a market may have large range of consumers who have different tastes, preference and needs. So this is where the concept of segmentation will be applied. Segmentation is defined as ââ¬Ëthe identification of individuals or organisations with similar characteristics that have significant implications for the determination of marketing strategyââ¬â¢. To break this down, an organisation will need to group together the consumers that share the same traits in order to serve them properly. A company is bound to fail if it has created a marketing mix which serves one customer, but does not serve another. By creating sub markets or market segments, a marketing mix can be created to suit the needs of each segment which will create satisfied customers. Once a company has successfully segmented a market, it can then provide products or services that will satisfy customers in a specific segment. If a company does not have a product or service to satisfy a sub market, then it is in the companyââ¬â¢s interest to develop a product or service that will satisfy that part of the market. This is because one of the main reasons for segmentation is maximising profits. Segmentation is a way to match consumer needs, which in turn can enhance profitability. When a segment hasnââ¬â¢t been supplied with goods or services, this is seen as an opportunity to enhance profits. You may segment consumers into three main groups, Behavioural, psychographic and profile variables, each group has its own sub categories. Marketers use these as a basis to segment their potential markets, for example the behavioural segment has the following sub groups: * Benefit sought * Purchase occasion * Purchase behaviour * Usage * Perceptions and beliefs Psychographic has the following sub groups * Lifestyle * Personality Profile variables has the following sub groups * Demographic * Socio-economic * Geographic There is no definite way to segment a market, but these following sub groups can be used together to segment a market. For example you could combine lifestyle with geographic or purchase behaviour, personality and socio-economic to segment your market. Lucozade developed a sports brand ââ¬ËLucozade sportââ¬â¢ in 1990 and from there the brand has divided into sub brands to suit the needs of different consumers. Lucozade sport was developed as an enegery drink to replenish lost energy and rehydrate before, during and after sport. Lucozade then went on to create another brand extension ââ¬ËLucozade Hydro Activeââ¬â¢ which was also developed as a sub brand which is a fitness water that contains essential salts, selected vitamins and has a light fruit flavour to encourage consumption during exercise. Lucozade Sport Nutrition was another sub brand that included the Lucozade Sports Bar and Carbo Energy Gel products, which have been formulated to deliver an optimum diet for athletes in a convenient, portable format. You can see how the original brand has branched off into sub brands or brand extensions. For these brand extensions to be effective, Lucozade needed to understand and apply market segmentation. The marketing mix was also an essential key to the success of these products as the mix is a tool to implement strategy. You can see how Lucozade implemented their marketing strategy using the marketing mix. For example, the company would have needed to make a choice on what product top offer, known as a product decision. Once a market has been segmented, it is easier for a company to make a decision on which product they would like to provide their customers. In Lucozades case, it was a choice to develop a new sports brand and further extend that brand as their find gaps in other segments of the market. Target marketing An important part of marketing is selecting the market you want to enter to provide your products or services. So once you have successfully used market segmentation to divide your market into reasonable consumer segments, you then need to use targeting to choose the market you are going to serve. Choosing a market to serve is an extremely important decision a business will need to make, because a bad decision at this stage could result in failure. To help make the right decision, a company should use criteria to evaluate a market, for example: * Effective * Measurable * Accessible * Actionable * Profitable (foot note) Another method of evolution would be the SMART objectives method: * Specific * Measurable * Achievable * Realistic * Time scaled Either way, an organisation should evaluate their potential market before entering them. There have been cases where businesses have entered markets and failed, because they did not evaluate effectively. In 2003, Burger King introduced a new line of chicken sandwiches aimed at appealing to a more health-conscious demographic (the BK Baguette Sandwiches). The product never caught on in the U. S. and was quickly replaced with the TenderGrill Sandwichââ¬â¢. Itââ¬â¢s evident that of a failing product and more importantly evidence of poor marketing strategy. If burger king used targeting properly, the product may have been more successful in a different location with different consumer s. This example seems show evidence of undifferentiated marking, which is one marketing mix for the whole market. Burger King should have spent more time on research to identify where those consumers were and target them with their new product. In some markets undifferentiated marketing works, these are usually mass markets, but for new product lines such as burger kings new sandwich, differentiated marketing should be used. When Mc Donalds entered the Indian market, they realised a large percentage of the population were vegetarian due to culture differences. Mc Donalds developed a vegetarian product range that suited this market, so this is seen as differentiated marketing. Differentiated marketing is a marketing mix that is developed for each segment of a market. A company would need to have the capability to manufacture a range of products to serve each segment, as this strategy tends to create multiple segments each with different preferences. Mc Donalds has the capability to manufacture the new vegetarian range, through the use of local suppliers and their large distribution networks. Comparing Burger Kings failure and Mc Donalds success indicates where Burger King went wrong. Burger King dropped the product and did not try to investigate other markets to see if there were any opportunities. Part of the segmentation process is to identify opportunities to enhance profits, so looking for another market to enter could have been an option as Burger King is global. The promotion part of the marketing mix would have been the key role to the success of Burger Kings new product. When launching new product, the target audience needs to be aware the products exists. Advertising would have been the most important task for Burger King when launching this new product. Firms can use another form of targeting known as focused marketing, where a firm would focus on a niche market. Effectively a firm would identify market egments, evaluate each segment, then decide on which one would be most profitable or sustainable. One marketing mix is used for each segment, so this allows an organisation to focus their entire resources on that one segment of a market. This is often more efficient for small to medium sized businesses as they do not have the capacity to serve mass markets. Positioning Another part of the marketing management process is positioning. This is defined as ââ¬ËAà marketing strategyà thatà aimsà to make a brand occupy a distinctà position, relative toà competingà brands, in the mind of theà customer. Firms tend to use this strategy to distinguish themselves between other brands in the mind of a consumer. Consumers often try to compare brands to see which one has the most benefits or added value. So itââ¬â¢s important for a company to use positioning to make sure their brand becomes the choice of a consumer. ââ¬Å"The easiest way to get into someoneââ¬â¢s mind is to be first, nobody remembers secondâ⬠. Southwest Airlines used positioning very well, turning a disadvantage into an advantage. This company did not offer reserved seating on their flights, so it would be a free for all situation when boarding their planes. Using the promotion part of the marketing mix, they created an ad which switched the perception of their position. So Bill switched to Southwest Airlines. Now Bill sits where Bill wants. Freedom to choose on Southwest Airlines. à à This was a very innovative way to position a service less advantageous compared to competitors. So through positioning and promotion southwest airlines turned a disadvantage into a benefit. The advert tried to change the perception of customers to make it seem like a good thing to pick your seats when you board a plane. A company that is really successful at position is ââ¬ËHotel Chocolatââ¬â¢. Operating in the confectionary industry, Hotel Chocolat is a niche business. You can often find niche firms operating at the higher end of a market providing luxury goods. The chocolate industry is a highly competitive industry, but Hotel Chocolat has still been successful by segmenting the marketing, developing products that suit each segment and then positioning itself as a luxury brand. Through the use of profile variables Hotel Chocolat divided their market,the following list is one example of how the company segmented the market: * Gifts for him * Gifts for her * Teachers * Children * Diabetics Vegans * Vegetarians So there a products developed to suit the needs of consumers from each segment. This a really innovative niche within the confectionary industry and it shows how his business used the product part of the marketing mix. The company is able to answer question like, what does the customer want from the product? What needs does it satisfy? What features does it have to me et these needs? These are all important question when developing products for each segment. Through use of positioning Hotel Chocolat is able to be distinguished as a luxury brand, but part of this is to do with pricing. The businesses prices for products a significantly higher than competitive brands. You can buy a 250g tub of hot chocolate powder from Hotel Chocolat for ? 10. 00, compared to ? 2. 99 for a 500g tub of Cadburys hot chocolate powder. So you can see how the prices are reflecting the quality of each product. Hotel Chocolat is a successful business too, as it has new shops opening at the rate of more than ten a year in the UK where there are now 61 with two franchises in the Channel Islands. So the price determines the quality of the brand and the brand is based around good quality products. Another part of the marketing mix adds to the success of Hotel Chocolat, place. There are only 61 stores, the location of these stores are on busy high streets and shopping malls. By having stores in the Channel islands shows that Hotel Chocolat really think about where they have their store as jersey is a wealthy island with GDP of ? 1 billion in 2008, with a population of around 100,000. So consumers general have more money available to spend on luxury goods. Overall Hotel Chocolat have successfully implemented a marketing strategy that works within the confectionary industry. Through the use of segmentation, targeting and positioning the company has been about to satisfy consumers and increase profitability. Segmentation is a process a business should if they would like to identify their consumers as it divides the market into segments, which in turn allow you to serve segments that suit your business activity. Targeting is strategy which a business should use to decide which segments they want to serve. When targeting a business should thoroughly evaluate each segment to make sure they choose the right segment. Positioning is important when marketing a product or service as it means the difference between a customer buying your product over a competitors. For this to be successful the use of perceived value and branding should support the process. Word count: 2086 References Jobber and Fahy ââ¬â Foundations of Marketing (Chapter 5 ââ¬â Page 109) Irish Times. (2006). Marketing communications fuelling performance. Available: http://www. business2000. ie/pdf/pdf_10/glaxosmithkline_10th_ed. pdf. Last accessed 16/08/2012. Daily Meal. (20/05/12). Failed products of major brands. Available: http://www. oxnews. com/leisure/2012/05/20/failed-products-major-brands/#ixzz22y8z9FQE. Last accessed 16/08/2012. Chris Horton. (04/05/2012). Positioning Case Study: How Nokia Fell From Number 1 Read more at Available: http://www. business2community. com/mobile-apps/market-positioning-case-study-how-nokia-fell-from-number-1-0173782#x2lZvbK3uwT6v9dJ. 99. Last accessed 16/08/2012. Al Ries and Jack Trout à ¢â¬â Bookà Positioning: The Battle for Your Mind (1981) Ivan Levison. (January 2009). A Product Positioning Case Study: Southwest Airlines Is Sitting Pretty. Available: http://www. directmarketingiq. om/article/a-product-positioning-case-study-southwest-airlines-is-sitting-pretty-112/1 Last accessed 16/08/2012. David White. (10/06/12). Sweet success. Available: http://www. thisismoney. co. uk/money/markets/article-2156359/Interview-Hotel-Chocolat-founder-Angus-Thirlwell. html#ixzz23SMednqX. Last accessed 16/08/2012. [ 1 ]. Jobber and Fahy ââ¬â Foundations of Marketing (Chapter 5 ââ¬â Page 109) [ 2 ]. http://www. business2000. ie/pdf/pdf_10/glaxosmithkline_10th_ed. pdf [ 3 ]. http://www. foxnews. com/leisure/2012/05/20/failed-products-major-brands/#ixzz22y8z9FQE [ 4 ]. ttp://www. businessdictionary. com/definition/positioning. html#ixzz233N03x00 [ 5 ]. (1981 bookà Positioning: The Battle for Your Mind, Al Ries and Jack Trout) http://www. business2community. com/mobile -apps/market-positioning-case-study-how-nokia-fell-from-number-1-0173782#x2lZvbK3uwT6v9dJ. 99 [ 6 ]. http://www. directmarketingiq. com/article/a-product-positioning-case-study-southwest-airlines-is-sitting-pretty-112/1 [ 7 ]. http://www. thisismoney. co. uk/money/markets/article-2156359/Interview-Hotel-Chocolat-founder-Angus-Thirlwell. html#ixzz23SMednqX
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