Solution:-
1. What Competitive advantage of your organization can attract foreign customers?]
Know Your Competitors
Get information the other business firms involved in the same business and prepare your strategy accordingly
Collect information about the targeted customers
Customer’s information collection is the basis of analysis, which requires the collection method is scientific, accurate information, as detailed as possible. The first step is to organize customer information, according to the customer’s industry, size, demand
characteristics and other customers will be divided into several groups. The second is to fill in a form by marketing staff, met to discuss the characteristics of other means to collect customer information, such as demand characteristics, organizational
characteristics and so on. The third step is for some still unclear, select a representative survey of customers, asking. Collection activities to note are: the understanding of the situation must be objective, not by imagined to guess, to be accurately recorded and complete.
Product Differentiation
Improve the product itself by adding features, improving reliability, etc. Branding: marketing to make the product appear different to consumers
Product Advantages
With a certain product or service capacity, product or service, although not particularly outstanding advantages, but also to meet customer needs and has a broad application of the market.
Promote sales
When you have equip your product with strong qualities keeping in mind the actual demand of customers go for promotional activities to sale the product internationally
2) How do you evaluate the demand of foreign customers and satisfy
them?
Find the best customer groups
Find the best customer groups and according to its demand characteristics, improve the product, change the focus, choose the best distribution channels and marketing opportunities; according to their organizational characteristics, different roles were
persuaded to take a different strategy.
The timing of customer consumption
Different products or services at different times, the customers to buy time and frequency are different, only to find out its characteristics, can grasp the marketing initiative. Need to analyze: the customer what products or services on our time to buy? How long to buy one? A type of consumption of large customers?
Location of customer consumption
Customers purchase and use of products or services have an appropriate place, usually
used to find out where customers buy our products? What can be the best selling place?
Where customers use our products? Whether our products can also be used to expand the space? Thus we can find the ideal sales channel and product applications.
How to Satisfy?
Provide product information to the customers
Help to identify potential problem before it occurs
Provide user friendly customer complaint registration
Have prompt complaint handling system
Provide fast back up service
Provide quick correcting service
Provide close mechanism on customer point of interaction
Keep environment clean neat and fair
Wednesday, October 27, 2010
“Economics (ECO401)” Assignment No.01 Solution
Question:
Suppose the market demand and market supply for coffee is given by the following equations:
Qd = 850 – 15P
Qs = 400 + 30P
A. Find quantity demanded and quantity supplied when the price of coffee is Rs. 8. Is there a surplus or shortage in the production of coffee? What should happen to the price of coffee?
Solution:
Quantity Demanded
Qd = 850-15P
Qd = 850-15(8)
Qd = 850-120
Qd = 730
Quantity Supplied
Qs = 400+30P
Qs = 400+30(8)
Qs = 400+240
Qs = 640
B. Find the equilibrium price for coffee by using given demand and supply equations.
Solution:
At equilibrium price,
Qd = Qs
850-15P = 400+30P
850-400 = 30P+15P
450 = 45P
P = 450/45
P = Rs.10
C. Prove that the price found in part (B) is an equilibrium price.
Qd = Qs
850-15P = 400+30P
850-15(10) = 400+30(10)
850-150 = 400+300
700 = 700
Hence proved Qd = Qs so equilibrium price is Rs.10.
D. Show the equilibrium condition in coffee market graphically.
Solution
Suppose the market demand and market supply for coffee is given by the following equations:
Qd = 850 – 15P
Qs = 400 + 30P
A. Find quantity demanded and quantity supplied when the price of coffee is Rs. 8. Is there a surplus or shortage in the production of coffee? What should happen to the price of coffee?
Solution:
Quantity Demanded
Qd = 850-15P
Qd = 850-15(8)
Qd = 850-120
Qd = 730
Quantity Supplied
Qs = 400+30P
Qs = 400+30(8)
Qs = 400+240
Qs = 640
B. Find the equilibrium price for coffee by using given demand and supply equations.
Solution:
At equilibrium price,
Qd = Qs
850-15P = 400+30P
850-400 = 30P+15P
450 = 45P
P = 450/45
P = Rs.10
C. Prove that the price found in part (B) is an equilibrium price.
Qd = Qs
850-15P = 400+30P
850-15(10) = 400+30(10)
850-150 = 400+300
700 = 700
Hence proved Qd = Qs so equilibrium price is Rs.10.
D. Show the equilibrium condition in coffee market graphically.
Solution
FIN622 Assignment#1 solution
Assignment No. 1 Marks: 20
ABC corporation stock is selling for Rs. 150 per share according to Karachi stock exchange market summary. A rumor about the company has been heard that the firm will make an exciting new product announcement next week. By studying the industry, it is being concluded that this new product will support a growth rate of 20% in dividend for two years. After that it is expected that the growth rate in dividend will decline to 6% and remains same onwards. The firm currently pays an annual dividend of Rs. 4.
The rate of return on stocks like ABC corporation is 10%.
Required:
I. Find out the values for D1, D2 and D3 (8 Marks)
II. What will be the price of stock (P2) at the end of year 2? (4 Marks)
III. What will be the present value (P0) of stock? (6 Marks)
IV. Should we buy stocks of ABC Corporation at Rs. 150? (2 Marks)
..
solution:
Find out the values for D1, D2 and D3
D1= 4 (1+0.2) =4.8
D2= 4.8 (1+0.2) =5.76
D3=5.76 (1+0.05) =6.11
What will be the price of stock (P2) at the end of year 2?
P2= 5.76 (1+0.2)/ .1-0.05
P2=138.24
What will be the present value (P0) of stock?
PO= 4.8/(1+.1)1 + 5.76/(1+.1)2 + 6.11/(1+.1)3 + 128.31/(1.1)3
= 110
Should we buy stocks of ABC Corporation at Rs. 150
As the present value of the stock is less then the current selling price so the stock
should not be purchased
ABC corporation stock is selling for Rs. 150 per share according to Karachi stock exchange market summary. A rumor about the company has been heard that the firm will make an exciting new product announcement next week. By studying the industry, it is being concluded that this new product will support a growth rate of 20% in dividend for two years. After that it is expected that the growth rate in dividend will decline to 6% and remains same onwards. The firm currently pays an annual dividend of Rs. 4.
The rate of return on stocks like ABC corporation is 10%.
Required:
I. Find out the values for D1, D2 and D3 (8 Marks)
II. What will be the price of stock (P2) at the end of year 2? (4 Marks)
III. What will be the present value (P0) of stock? (6 Marks)
IV. Should we buy stocks of ABC Corporation at Rs. 150? (2 Marks)
..
solution:
Find out the values for D1, D2 and D3
D1= 4 (1+0.2) =4.8
D2= 4.8 (1+0.2) =5.76
D3=5.76 (1+0.05) =6.11
What will be the price of stock (P2) at the end of year 2?
P2= 5.76 (1+0.2)/ .1-0.05
P2=138.24
What will be the present value (P0) of stock?
PO= 4.8/(1+.1)1 + 5.76/(1+.1)2 + 6.11/(1+.1)3 + 128.31/(1.1)3
= 110
Should we buy stocks of ABC Corporation at Rs. 150
As the present value of the stock is less then the current selling price so the stock
should not be purchased
Tuesday, October 26, 2010
CS507- Information Systems Assignment No. 01 Solution
Question 1:
What are the organization, management and technology dimensions of information systems? [3 marks]
Answer:
An information system represents a combination of management, organization, and technology elements. The management dimension of information system involves leadership, strategy, and management behavior. The technology dimension consists of computer hardware, software, data management technology, and networking/telecommunication technology (including the internet). The Organization dimension of information system involves the organization’s hierarchy, functional specialties, business processes, culture, political interest groups.
Question 2:
Describe some of the major changes that information systems are bringing to organizations. [3 marks]
Answer:
The flattening of organizations is probably one that students will cite, particularly with the concern over downsizing. The parallel increase in information and in the decision power of line workers (empowerment), and their corresponding increase in work satisfaction, is often missed in media reports of downsizing. The flexibility of organizations in operations, for example, custom manufacturing and in linking customers and suppliers (thus reducing order time) are some of the major changes
Question 3:
Describe the two factors that explain why organizations adopt information systems. [4 marks]
Answer:
Customers now prefer to execute transaction in an electronic environment through online-trading. Also the establishment of customer services centers has also removed the inconvenience to access vendor’s physical locations.
Due to absence of physical contact, companies are curious to keep a soft touch in an efficient manner. This requires keeping a customer-wise online track of past correspondence and transactions.
What are the organization, management and technology dimensions of information systems? [3 marks]
Answer:
An information system represents a combination of management, organization, and technology elements. The management dimension of information system involves leadership, strategy, and management behavior. The technology dimension consists of computer hardware, software, data management technology, and networking/telecommunication technology (including the internet). The Organization dimension of information system involves the organization’s hierarchy, functional specialties, business processes, culture, political interest groups.
Question 2:
Describe some of the major changes that information systems are bringing to organizations. [3 marks]
Answer:
The flattening of organizations is probably one that students will cite, particularly with the concern over downsizing. The parallel increase in information and in the decision power of line workers (empowerment), and their corresponding increase in work satisfaction, is often missed in media reports of downsizing. The flexibility of organizations in operations, for example, custom manufacturing and in linking customers and suppliers (thus reducing order time) are some of the major changes
Question 3:
Describe the two factors that explain why organizations adopt information systems. [4 marks]
Answer:
Customers now prefer to execute transaction in an electronic environment through online-trading. Also the establishment of customer services centers has also removed the inconvenience to access vendor’s physical locations.
Due to absence of physical contact, companies are curious to keep a soft touch in an efficient manner. This requires keeping a customer-wise online track of past correspondence and transactions.
Brand Management (MKT 624) Assignment No. 01
Semester “Spring 2010”
“Brand Management (MKT 624)”
Assignment No. 01 Marks: 20
“Brand Dimensions”
Select a brand of your own choice and discuss its Dimensions according to “Brand Dimension Model” given below. Try to avoid irrelevant discussion and copying from others. You can consult Lecture # 03 for better understanding. An Assignment sample is given to youat the end for your guidance.
Brand Dimensions Model
(Note: You are not allowed to select Surf Excel which is given below as Assignment Sample)
“Brand Management (MKT 624)”
Assignment No. 01 Marks: 20
“Brand Dimensions”
Select a brand of your own choice and discuss its Dimensions according to “Brand Dimension Model” given below. Try to avoid irrelevant discussion and copying from others. You can consult Lecture # 03 for better understanding. An Assignment sample is given to youat the end for your guidance.
Brand Dimensions Model
(Note: You are not allowed to select Surf Excel which is given below as Assignment Sample)
Subscribe to:
Posts (Atom)