Wednesday, September 2, 2020

Price sensitivity Essay Example

Value affectability Essay The Web characterizes value affectability â€Å"as the degree to which cost is a significant measure in the clients dynamic procedure; hence a value delicate client is probably going to see a value rise and change to a less expensive brand or supplier† (Information recovered on May 8, 2006 from wps.pearsoned.co.uk/wps/media/objects/1452/1487687/glossary/glossary.html)  Miller (2006) characterizes affectability as â€Å"the familiarity with the purchaser to what they see to be the window of cost inside which they will purchase a specific item or service.†Price affectability at that point is the customers’ consciousness of the costs of the items or administrations they are purchasing. At a cost touchy client, the cost of a specific item or administration is an extraordinary factor in their choice to buy the item. â€Å"Price affectability anyway isn't just about charging significant expenses to amplify income. It may likewise bode well to slice costs now and the n drastically to empower individuals who may somehow or another not be a piece of the market to utilize the administrations or products being provided†Ã¢ (Information recovered on May 8, 2006 from http://www.bized.ac.uk/current/mind/2005_6/141105.htm). Case of value affectability is the technique utilized by Priceline.Priceline’s clients are extremely value touchy. Priceline gives its clients an assortment of offers and arrangements they can look over. This is an advertising methodology that Priceline uses to urge value touchy clients to disparage their items. Priceline benefits from the value touchy clients who anticipate better arrangements for their cash. Priceline utilizes the name-your-cost or opposite activity model (Varian, 2000). This procedure is really similar to other advertising methodologies wherein clients are given the decision to be increasingly adaptable with their time and brand in return for a lower cost.The impact of this obviously is for clients to consistently search for a superior deal utilizing the Priceline’s costs as the reference costs or premise in their dynamic. Value delicate client attempts to discover other great arrangements from different aircrafts just to think about the clear reserve funds they will make in the event that they pick Priceline. As indicated by Kottler (2003), clients are more value delicate to items and administrations that are viewed as increasingly costly and as often as possible utilized by the clients. Travel is viewed as a costly movement so clients are exceptionally value delicate and attempts to get the best arrangement mulling over cost and quality.Customers are extremely touchy to financing costs. The home credit items offered by Priceline really produce a beneficial outcome. The least advance assurance energizes more clients considering the enormous investment funds they will get from it. Be that as it may, a few clients are distrustful particularly the individuals who have negat ive encounters with regards to covered up charges.PART II †Is the correct value a reasonable price?There are different sides to this coin †one is at costs to mirror the worth that clients are happy to pay and the other is to mirror the cost engaged with making an item or service.High esteem thing normally infers high caliber. On the off chance that costs are set high, clients have elevated requirements on the item or administration. In the event that this desire is met by the maker or the organization offering the administration, at that point significant expenses can at present be viewed as a reasonable price.On the other hand, with the current economy of the nation today and the diminishing buying intensity of numerous individuals, reasonable costs are costs that mirror the cost associated with making the item or administration. Reasonable cost for this situation is the point at which the clients buy an item or administration and leave content with the quality and the co st.Economists characterize honest evaluation as â€Å"the value that an intrigued however not edgy purchaser would pay and an intrigued yet not urgent dealer would acknowledge on the open market accepting a sensible timeframe for a consent to arise† (data saw on May 8, 2006 from http://www.investorwords.com/1878/fair_market_value.html).The idea of straightforwardness and open responsibility assume significant jobs in setting the correct cost. As indicated by Baggini (2006), a reasonable cost in a free market is basically what the individuals are set up to pay. It is viewed as unreasonable to clients on the off chance that they pay swelled rates for items and administrations that they wound up more regrettable off than they ought to have been.Products or administrations ought to be estimated only enough to take care of all expenses brought about in its creation and enough benefit to support the maker and profit for their venture. The enthusiasm on variance and the danger of ve nture ought to likewise be considered in setting the privilege or reasonable cost. Thusly, both the shopper and maker leave happy.BIBLIOGRAPHYPART IKotler,P (2003)â Marketing Management, Prentice Hall, Upper Saddle River, New JerseyMiller, L (2006). Understanding Price Sensitivity in Marketing: One of the Four Keys in the Marketing Mix. Recovered May 8, 2006 from http://www.associatedcontent.com/article/17430/understanding_price_sensitivity_in.htmlMind your Business Price Sensitivity Retrieved May 8, 2006 from http://www.bized.ac.uk/current/mind/2005_6/141105.htmVarian, H (2000) Priceline’s Magic Show Retrieved May 8, 2006 from http://www.sims.berkeley.edu/~hal/Articles/TheStandard/priceline.htmlPART IIBaggini, J (2006). Would you be able to swindle somebody to riches? Recovered May 8, 2006 from http://www.guardian.co.uk/thoughts/story/0,,1746335,00.htmlFair Market Value Retrieved May 8, 2006 fromhttp://www.investorwords.com/1878/fair_market_value.html;

Saturday, August 22, 2020

How to Teach Students to Write an Essay?

How to Teach Students to Write an Essay?If you want to teach students to write an essay, then here are a few tips for you. First of all, the best way to begin is by talking to your students about the things that they like to do. For example, if your student likes to watch TV, tell them that you would love to watch a show with them sometime but that you have been given a very strict assignment to attend to. You can give your student the task to organize and prepare the papers before they return it to you.Another good way to start is by asking your students for their ideas. If they are confident enough to talk to you and provide you with their thoughts and ideas, then you can give them hints on how to teach students to write an essay.In fact, you will find that this is a very good idea as this will allow you to check whether your student has followed the assignment properly or not. Teaching students to write an essay is not as easy as it seems because there are many directions that can lead to failure of the assignment.You have to remember that you must be consistent and should never hesitate in following the instructions given to you in a clear and correct manner. If your student thinks that he/she has been given an assignment but you see something different, you have to bring the matter to your teacher immediately. This is because there are many factors that you need to take into consideration.There are many ways on how to teach students to write an essay and the most important thing that you should remember is that consistency is the key to success. This is because it is impossible to achieve success if you do not follow the same path each time. Therefore, it is recommended that you follow the same process each time and that you should do so by writing the first draft of the essay and then refining the ideas till you have written a complete paper.However, you should avoid from using new ways of expressing yourself. If you find that you are unable to express yo urself in a proper manner, you should just eliminate some parts of the paper. Just do this will help you to train your students to write an essay.Of course, the hardest part of the assignment is after the writing of the paper but once this is done, the most important thing that you have to remember is that you should not allow other students to copy the content of the essay. Once you have copied the content, you should not even think of editing or adding more information in the papers.In conclusion, you should consider this lesson when you are teaching students to write an essay. You have to consider all aspects and decide which one works best for you. Remember that this is your lesson so only you can decide on how to teach students to write an essay.

Friday, August 21, 2020

Structure in Sophocles Antigone Essay -- Antigone essays S

Structure in Sophocles' Antigoneâ â â â â â â â â   â Aristotle in his Poetics (chap. 7) says: ?[L]et us presently talk about the best possible structure of the plot, since this is the first and most significant thing in catastrophe? (1033). M. H. Abrams says that ?practically all abstract scholars since Aristotle have stressed the significance of structure, imagined in assorted ways, in examining a work of writing? (300). The matter of the structure of Sophocles? Antigone is a subject of fluctuating understanding among abstract pundits, as this paper will uncover. Gilbert Murray, educator at Oxford University in England, refers to structure as one reason why he picked Sophocles to decipher. At that point he expounds on this structure: ?But Sophocles worked by obscuring his auxiliary layouts similarly as he obscures the parts of the bargains. In him the conventional divisions are completely made less particular, all worked over the bearing of more prominent expectation. . . .This was an extremely incredible addition. . . .? (107). Murray here alludes to Sophocles? change of the great structure for sad show. This is particular from what Aristotle above alludes to as the ?structure of the plot.? The great structure for show incorporates: Prologue ? everything up to the melody; Parodos ? the tune? sings; First Episode ? improvement of plot by fundamental character(s); First Stasimon ? the theme once more; Repetition of Episodes and Stasimons until the peak is close; Exodos ? the peak, emergency, and disaster. As Murray notes, Sophocles doesn't hol d fast to the traditional structure as unbendingly as different producers of the period. Aristotle?s ?structure of the plot? is what most abstract pundits mean when they allude to the ?structure? of Antigone. In Chapter 18 of the Poetics Aristotle states: ?Ever... ...s Hurt. NewYork: Macmillan Publishing Co., 1984.  Murray, Gilbert. ?A Great Translator?s Reflections on Oedipus the King.? In Readings on Sophocles, altered by Don Nardo. San Diego, CA: Greenhaven Press, 1997.  Segal, Charles Paul. ?Sophocles? Commendation of Man and the Conflicts of the Antigone.? In Sophocles: A Collection of Critical Essays, altered by Thomas Woodard. Englewood Cliffs, NJ: Prentice-Hall, Inc., 1966.  Sophocles. Antigone. Interpreted by R. C. Jebb. The Internet Classic Archive. no pag. http://classics.mit.edu/Sophocles/antigone.html  ?Sophocles? In Literature of the Western World, altered by Brian Wilkie and James Hurt. NewYork: Macmillan Publishing Co., 1984.  Woodard, Thomas. Presentation. In Sophocles: A Collection of Critical Essays, altered by Thomas Woodard. Englewood Cliffs, NJ: Prentice-Hall, Inc., 1966.

Tuesday, May 26, 2020

Use Anthem Essay Samples to Make Your Essay More Effective

Use Anthem Essay Samples to Make Your Essay More EffectiveUsing the right Anthem essay samples will help you make your essay more effective. This is an effective writing tool that helps you to express yourself and show more about you. There are so many samples available that you can use to show exactly how you want to present yourself and how you will be presenting yourself.The second thing you should do is to find out if the sample can be used as the actual essay. This is important so that it gives you the best idea of how you are going to write. Make sure you look at all the samples you have so that you know which one you are using to convey your message.Another thing you should do is to find out if the samples are one hundred percent authentic. This means that they are for real so that you don't have to worry about them being used for a fake essay. If they are, you won't be getting the most out of them because they are not for real.The third thing you should do is to know if the s ample essays are for one hundred percent authentic or not. This is because these essays are not for one hundred percent authentic so that you know you are getting the real thing from these samples. To make this easy, you should ask the company if you can see their license.The license is a means of verifying whether you are dealing with an authentic company or not. It is only done to make sure that what you are doing is legal and ethical. These companies can't just give these things away without letting you see their license.The last thing you should do is to find out what you are going to write about in your Anthem essay. Most likely you already know this but there are so many things you can use to focus on such as your personal background. This way you will be able to show who you are and how you differ from others.Using these samples will help you make your essay more effective. This is why it is so important to have one hundred percent authentic ones or you may risk being accused of plagiarism. These types of essays are very powerful because you are able to talk about anything that you want and it can tell your audience how you feel about it.

Saturday, May 16, 2020

Essay on Roy Lichtenstein - 893 Words

Roy Lichtenstein Roy Lichtenstein was born in New York City on October 27th, 1923. He described his childhood as quiet and uneventful. His father was a realtor; his mother was a housewife. Art was not taught at the school Roy attended, but when he turned fourteen he began taking Saturday morning classes at the Parson’ School of Design. After he graduated from high school in 1940 he attended the School of Fine Art at Ohio State University. He was drafted however in 1943 in the middle of his education at Ohio State. While he was in the military he served in Great Britain and Europe. When he returned to the U.S. in 1946, he completed his studies for his Bachelor of Fine Arts Degree at Ohio State University in 1949. After he got his†¦show more content†¦In 1969 he was given a retrospective at the Solomon R. Guggenheim Museum, New York. His career as an artist mainly started in 1951, he usually painted cowboys and Indians in various modern art styles. In 1957 he tried his hand at Abstract Expressionism. What he is famous for though is his works based on comic strips. This all began with a painting he made of Mickey Mouse in 1960 for his children. By 1961 Lichtenstein was completely dedicated to the making of art from mass-produced, merchandising images. His comic-strip paintings, such as Good Morning, Darling, are blowups of the original cartoon characters, reproduced by hand, with the same technique of benday dots and bright primary colors used in printing. This result was a blend of commercial art and abstraction. He tried to use brilliant colors outlined in black to emphasis the visual impact. These painting made him famous and the first one-man show of his comic strip paintings was in New York City in 1962. It was a major success and by 1968 the interest in his artwork was phenomenal. He has the distinction of b eing the first American artist to have an exhibition at London’s Tate Gallery. Lichtenstein continued in this area for a while, taking subjects from sentimental Romance magazines. He enclosed speeches in balloons and made landscapes in the Comic-book style. He also dabbled in making statues during this time, whichShow MoreRelatedReverie by Roy Lichtenstein1262 Words   |  6 PagesReverie by Roy Lichtenstein Roy Lichtenstein was an American artist who was an influential part of the Pop Art movement in the 1960s. Roy Lichtenstein was born in New York in 1923 and he has created some of the most well-known Pop Art paintings and artworks. An example of his artwork is â€Å"Reverie†, it is a screen print by Roy Lichtenstein in 1965 in his iconic comic strip art style. â€Å"Reverie† by Roy Lichtenstein shows social commentary of mass production through the art movement it’s in, the techniqueRead MoreAnalysis Of Blam, By Roy Lichtenstein734 Words   |  3 Pageswould be Blam, by Roy Lichtenstein. I was enamored with the image since it gave me a sense of nostalgia and made me recall my childhood. Blam pertains to a form of art called Pop Art (Popular Art). Pop Art revolves around popular culture, such as celebrities, and appropriates figures of popular culture into an art style that uses unconventional colors or styles that provoke expressions. Pop Art can be characterized as colorful, stylish, expressive, and minimalistic. Roy Lichtenstein. Blam. 1962. OilRead MoreComparison Of Andy Warhol And Roy Lichtenstein797 Words   |  4 PagesTia Hill 4th Block Compare and contrast of Andy Warhol and Roy Lichtenstein Pop Art was a popular movement that formed in the 1950’s in Britain, and later formed in the united states. When you think about pop art you think about three-dimensional art. Well Pop art is not about the form of the picture. Pop art is like an advertisement, news magazines and comic books that catch the people s eyes. There were many artists like Eduardo Paolozzi, Richard Hamilton, and Robert RauschenbergRead MoreWhat Is The Similarities Between Roy Lichtenstein And Peter Max?1051 Words   |  5 PagesBorn on October 27th, 1923, Roy Lichtenstein was a magnificent pop artist. He was the first born child of his parents Milton and Beatrice Werner Lichtenstein. His father, Milton, was a real estate broker, while his mother, Beatrice, was a homemaker. She was also played the piano and she revealed Roy and his sister to different aspects of New York culture. Roy went to a private school and graduated the year of 1940. He had later attended Ohio State University. Peter Max, born on October 19th, 1937Read More`` We Rose Up Slowly `` Done By Roy Lichtenstein1023 Words   |  5 Pagesâ€Å"We Rose Up Slowly† done by Roy Lichtenstein. I think this art was done as a love movement. It looks like two people in love sharing a special moment. They are not worried about who’s watching them. It’s almost like time has stopped, and nothing around them matters. The artist is screaming in his what the power of love is in his eyes. This piece of art was created in 1964, and I think back then real love and romance really did exist. The people in the art work look like they may be super heroesRead More Pop art was a direct response to the commercial and consumer society756 Words   |  4 Pagesand society, his goal was to bring them closer together. Roy Lichtenstein set the highest standard and led the way of pop art. Lichtenstein was and still is considered the most sophisticated pop artist around. Roy Lichtenstein was inspired by Picasso’s paintings; he studied them and learnt from them. In 1961 Roy Lichtenstein made use of the â€Å"Ben-Day dots†. This was the first time an artist had used this device. Lichtenstein exploited this and turned it into a signature for himself on hisRead MoreAndy Warhol s Influence On The Pop Art Movement1608 Words   |  7 Pageslegend within the world of art and he will never be forgotten. October 27, 1923, Roy Fox Lichtenstein who is one of the most iconic pop art artist known was born in New York City. He was the son of a very successful real estate developer named Milton Lichtenstein and his mother was Beatrice Werner Lichtenstein. The Lichtenstein family grew up on Manhattan’s west side, within the early years of his life; Roy Lichtenstein was both passionate about comic books and science, and a few years later is whenRead MoreThe Met Essay555 Words   |  3 PagesStepping Out. Roy Lichtenstein did this painting in 1978. He worked as a commercial artist as well as a graphic designer before becoming popular as a Pop Artist. Lichtenstein used a similar medium, which was oil and magna, but chose to paint his picture on canvas instead of wood. While Stepping Out is still a portrait it is unlike Durer `s work in that it is an abstract artwork. The male form in the painting is fairly realistic while the female form is very surreal. Lichtenstein also used biomorphicRead MoreThe Pop Art Movement : An International Phenomenon1438 Words   |  6 PagesThe Pop Art movement was an international phenomenon that began in the 1950’s in which artists like Roy Lichtenstein and Andy Warhol sought to initiate fresh thinking in art. The term Pop Art is credited to the British art critic Lawrence Alloway and is short for â€Å"popular art† which referred to the popular mass culture and familiar imagery of the contemporary urban environment. This movement was a comment and expansion on the then popular ideas of the Abstract Impressionism movement. Fred S. KleinerRead MorePop Art And The Art1034 Words   |  5 Pagesbeen many art movements that stand out and revolutionize the art world. However, one movement stands out in particular and it is known as Pop Art. Pop Art was invented by a few younger artists by the name of Andy Warhol, Claes Oldenburg, and Roy Lichtenstein. It was brought about in the 1960s and i t helped define a new form of American Realism. Its origin was sort of a lash out against Abstract Expressionism, which was a style of painting. The point of pop art was to represent life as most Americans

Wednesday, May 6, 2020

Television Interview The Crucible - 1118 Words

Radio Interview: ABC: Good morning Daniel. Welcome to our radio show. D: Thank you for inviting me. It is a pleasure to be here and speak to your audience. ABC: You played the role of John Proctor in the movie, â€Å"The Crucible†. Tell us briefly about your role. D: Well, I play the role of John Proctor, Elizabeth’s husband, as a local farmer who is a stern, harsh-tongued man of high social standing and integrity and who hates hypocrisy. He is a proud man who places great emphasis on his reputation in society. ABC: As in most plays and movies, there are important themes represented. What are some of these in the movie? D: Well, there are several themes that we can relate to even in our modern times, such as themes of intolerance, fear, hysteria, reputation, integrity, greed and jealousy, revenge, pride and authority. ABC: Can you tell us more on some of the themes as it relates to today’s societies? D: ‘The Crucible’, written by Arthur Miller more than 60 years ago, is a drama based on events of 17th century that deals with religious hysteria and literal witch hunting that swept American town of Salem. Similar political hysteria and symbolic witch hunting occurred in American society in the 1950s about anti-communism led by anti-communist crusaders like Senator, Joseph McCarthy. Miller’s main aim in 1953 was to cast light on this American paranoia about communism and especially Soviet influence of which American had great fear of. ThusShow MoreRelatedGeeks and Geezers994 Words   |  4 PagesLeadership and Ethics Prof. Barnett 11 November 2009 Geeks and Geezers Interviews with men and women who are leaders of both large and small companies demonstrated that the similarities between these apparently disparate groups (Gen X and Gen Y) offer significant insight into the qualities of leadership that transcend generational differences. Bennis and Thomas discovery is that successful leaders among both geeks and geezers possess the quality of â€Å"neoteny,† a certain youthful inquisitivenessRead MoreEssay about Arthur Miller1626 Words   |  7 Pageswas blacklisted after refusing to give information about others who had been suspected of involvement with the Communist Party, however it was later revoked. In 1953 he was even denied a passport to attend the Brussels premiere of his own play The Crucible, a play in which he expressed his faith in the ability of an individual to resist conformist pressures. Whether it was the specific experience of being blacklisted by the government or another, Arthur Miller always wrote of social concerns relativeRead MoreEssay on From a Farm Owner to a Bracero2795 Words   |  12 Pagesfamily† (320). My Grandpa, a hardheaded man, with a straightforward mindset decided to leave and come to the United States according to my Grandma. Although she had some doubts and concerns, she finally agreed because after all, she loved him (interview). As I turned the cold, weathered gold knob, I stepped into the main living room, where the spacious room had a thin cloud of dust covering the furniture. Small cobwebs on the corners assured that the place had been abandoned for a few years. TheRead MoreThe Culture of the Cold War Essay3260 Words   |  14 Pageswho was imprisoned for the same situation, Kazan couldn’t direct movies in jail like Miller could write in jail. Miller went on to write a brilliant satire about his and all of the other â€Å"witch hunts† for communists that were occurring called The Crucible. Weak and underhanded cases like these eventually killed off HUAC in the early sixties. After Alger Hiss they never found another traitor. Like McCarthy people started ignoring them and then began to speak out about how they really felt about themRead MoreEssay about The 2008 Financial Crisis3160 Words   |  13 Pagescrisis on the lack of individual integrity and character in business today, particularl y in the banking industry, and issued a renewed call for â€Å"character† and â€Å"integrity† from organizations and individuals within them. This edict has played out on television and radio, in the pages of newspapers and magazines and in the halls of governments around the world. At the 2009 G8 summit in Italy, G8 finance ministers authored The Lecce Report, a 66-page communiquà ©, endorsed by heads of government, thatRead MoreAmerican Government And Politics : The Melting Pot2725 Words   |  11 Pagesimmigrants to the United States blends into the general society and (2) that this melting is ideally what should happen† (Shafrtiz 348). The term is originally from Israel Zangwill’s play The Melting-Pot. In this play, he wrote â€Å"America is God’s Crucible, the great Melting-Pot where all races of Europe are melting and reforming† (Shafritz 348). The term refers to the diversity of races, ethnicities, and cultures in America, as expressed by Israel Zangwill. However, within many cultures are subculturesRead MoreBelonging Essay4112 Words   |  17 Pageschoose from the below list. Tan, Amy, The Joy Luck Club Lahiri, Jhumpa, The Namesake Dickens, Charles, Great Expectations Jhabvala, Ruth Prawer, Heat and Dust Winch, Tara June, Swallow the Air Gaita, Raimond, Romulus, My Father Miller, Arthur, The Crucible: A Play in Four Acts Harrison, Jane, Rainbow’s End Luhrmann, Baz, Strictly Ballroom - film De Heer, Rolf, Ten Canoes - film Shakespeare, William, As You Like It Skrzynecki, Peter, Immigrant Chronicle Dickinson, Emily, Selected Poems of Emily DicksinsonRead MoreMasculinity in the Philippines12625 Words   |  51 Pagesa class or batch with an extraordinary solidarity. The half-dozen doctoral dissertations on the Philippine military argue, in the words of a Chicago psychologist who observed the PMA in the mid-1960~~ that cadets form lifetime bonds. . . in the crucible of the hazing pro~ess.~ What is the meaning of this ritual with its extreme violence? Hazing, seemingly a small issue, has embedded within it larger problems of masculinity central to armi es everywhere. In fieldwork around the world, anthropologistsRead MoreLangston Hughes Research Paper25309 Words   |  102 PagesKnopf Company to publish a book of his poetry titled The Weary Blues. Artist Miguel Covarrubia, master of caricature, was hired to do the cover. Carl Van Vecten would write the introduction and serve as Hughes editor. In return, Hughes would give interviews to Van Vechten about jazz, blues, and black culture for a book that the editor was writing about Harlem entitled Nigger Heaven. Van Vechten urged Hughes to write an autobiography. Knopf and Van Vechten were interested in a book that would sellRead MoreCeramics: Pottery and Clay17443 Words   |  70 Pages ceramic products are usually divided into four sectors; these are shown below with some examples: * Structural, including bricks, pipes, floor and roof tiles * Refractories, such as kiln linings, gas fire radiants, steel and glass making crucibles * Whitewares, including tableware, wall tiles, pottery products and sanitary ware * Technical, is also known as Engineering, Advanced, Special, and in Japan, Fine Ceramics. Such items include tiles used in the Space Shuttle program, gas burner

Tuesday, May 5, 2020

Thang free essay sample

The mission leads to a hierarchy of objectives including business objectives and marketing objectives. Marketing strategies must be developed to support the objectives. Objectives need to be specific. Marketings role in strategic planning and value creation Marketing plays a key role in the companys strategic planning: Marketing provides a guiding philosophy which suggests that company strategy revolves around serving the needs of important customer groups. e. g. Westpac (following slide) Marketing provides input to strategic planners by helping to identify attractive market opportunities and by assessing the companys potential to take advantage of them. Westpacs Strategic Agenda a) drive a strong, active customer-centric culture to delight our customers by: Our strategic priorities are particularly centred on improving our distribution and ustomer offerings, specifically to: putting the customer at the centre of everything we do; establishing and driving high performing and locally empowered businesses very close to the communities they serve; developing and implementing compelling customer segment strategies, bringing banking and wealth strategies management together for the customer; and strengthening the skills and depth of our people; by having processes and solutions designed from the customers perspective; through a focus on convenience, simplicity and flexibility; and by achieving integration across all channels. We will write a custom essay sample on Thang or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page ving a clear, shared vision of success across the Group; offering an even greater choice to customers; and continuing to invest in and support the processes end to end from a customer perspective; strengthen technology capabilities to increase the reliability and consistency of service; b) become easier to do business with: c) realise our multi-brand advantage by: d) invest in operations improvements to: 4 Business portfolio Guided by its mission, objectives and strategy, management must now plan its business portfolio. A business portfolio is the collection of businesses and products hat make up the company. The most effective business portfolio is one that best fits the companys strengths and weaknesses to opportunities in the environment. A company needs to analyse its current business portfolio to decide which businesses should receive more, less or the same investment and to develop and identify growth strategies and products for the future. Strategic business units Woolworths 14 Analysing the current business portfolio Portfolio analysis is a tool that helps management identify and evaluate the various businesses that make up the company. Most evaluate the SBUs of a firm on two important p dimensions: the attractiveness of the SBUs market and the strength of the SBUs position in the market to decide how much support the SBIJ should receive. The best known portfolio-planning analysis methods and tools were developed by the Boston Consulting Group and by General Electric. 5 Business Portfolios BCG Matrix Classifies the SBUs in terms of their market growth rate and relative market share High Question Marks Stars 77777 Dogs Cash Cows Low Relative Market Share Question Marks. High growth, low share businesses. Many businesses start off here! Strategy must decide between further investment to move question marks to star status or phasing the d t t product out. Stars Market Gro owth Rate High Low Question Marks X-BOX Dogs Stars. High growth, high share businesses. Stars often require heavy investment to build/maintain share in rapidly expanding markets. Cash Cows Dogs. Low growth, low share. Dogs are often targets for divestment, but may still be profitable and/or contribute to other organisational goals.. Cash Cows. Low growth, high share businesses. Cows generate profits for investment n other businesses. They are established and successful. The GE Planning Grid Business Strength Strategic business planning grid Weak Industry Attra activeness Strong High Average CA Medium The most appealing situation is A where the industry is attractive and the company has the ability to serve that market 6 Industry Attractiveness Index Market size Industry Attract tiveness Market growth rate Industry profit margin Amount of competition Seasonality/ cyclicality demand Industry cost structure Business Strength Index Companies arket share Price competitiveness