Mkt624 Assignment No. 1 solution

#01: Why do you think it is important to convert a product into a brand?

Ans:

Because a brand name is a specific notation, or word for a product or service. It is a trademark that identifies a brand. It comes under the proprietary rights of a company. In fact if a company is expanding internationally then it becomes necessary for the company to adopt such a brand name and logo which can prove an excellent identity for the company. After the invention of advertising, in 1930 the concept of brand name emerged. Have you ever noticed that people who are brand conscious always love to use branded products which have a brand name on it.

Importance of a brand name in advertisement is also clear if you think for a while that whenever the name of fast food comes you think about McDonald, and Subways. After making a strong brand positioning, brand name of the company becomes its identification and a tool of marketing and promotion.

Q#02: State five of your favorite brands and discuss briefly why they are so dear to you?

Wall’s dairy ice cream.

It is so dear to me because not even a single time I went fad up by buying it because it is a largest selling brand in ice cream products & has a very wide range of products in a single banner. So whether if talk about taste or about quality & flavor, it will win all the time & I can bet upon it. The major motive to choose this product is, its international recognition & I feel pride to be a part of such product.

Gourmet sweets & bakers.

If we talk about confectioners then the largest selling brand in sweets & bakery products in big cities of our country is Gourmet. Whenever I visited their outlets, every Time I enjoyed their privilege & clean environment. All the stuff is so much dainty & hygienic there & whenever I want to buy some confectioners for relatives or friends then there is only one name in mind, “Gourmet” Also there is a pride of buying quality products which has its recognition too.

SONY: It is a firm which can produce mobiles phones, television, LCD, monitors, stereo systems etc. it captures its local market as well as its international market. it creates a good quality product which can use after its warranty expires. It has created a brand name in its customer’s mind. After a product is purchased by the customer the company can provide its free spare parts warranty in the limited period.

The company can create its product according to the customer’s need. That the customer can easily afford to buy it. The firm or the company can create lots of difference in their product among competitors. The person or the customer of electronic product he must first prefer to buy a Sony product that is a good and long life product. The company can also introduce a new technology in their products. That the customer can want to buy it. Some customers have special attention to the new technology products and it prefer to buy it as soon as possible.

HONDA:

It is that firm or company which produces a vehicles or cars for its customers. The company can differ in styles, quality products, luxurious and lifelong in their products among competitors. it can create an image on the customer’s mind. Company can create or turn its products into a brand and thus now he has generated a good cash flow, good future revenue for it. As time passed it introduces new technology in their vehicles manufactured so that the valued customers can want to buy it. The company can produce a product that can be durable, long life and good quality products.

IBM:

IBM is a firm which can produce computer systems, LCD’s, keyboard, and other applications of the computer systems. it produces a short body system which have a greater speed of there applications. There products must be long life and there products might be working in extreme cold and hot conditions or climate. The system user can already know its durability and quality of the IBM it produces its products in all sizes, different designs which can show the company’s image. The spare parts of the system can be easily in local market as well as in international markets.

Mgt503 Assignment No. 1 Announced

Case
Ali had worked with his father in a successful building materials business. The family had sold the company, and the Ali received a portion of the sales price. After several months, Ali began thinking about starting or buying a company. One of his hobbies was backpacking; he had hiked the highest peaks in 30 of the 50 states. In his search for a new business, Ali heard of a company that made small trailers for motorcycles. These trailers were fairly popular with retirees who were cyclists and with individuals who liked to travel on motorcycles in order to go into the back-woods where a car could not go.
After several meetings, Ali and the current owner of the firm negotiated a selling price and the deal was consummated. Immediately after the purchase, Ali moved the business from its present location to his own town, several hundred miles away.
Glossary
Backpacking- hiking and camping, Backwoods- wasteland, Consummated- to conclude something
1. Why should Ali buy the company instead of starting his own firm? (7)
2. What are the pros and Cons for Ali’s buying of this particular business?(8)

ECO402 Assignment Solution

Solution:

Qd=Qs
Qs=850-25P
Qs=500+45P
As We Know Qd=Qs
So
850-25P=500+45P
850-500=45P-25P
350=20P
P=350/20
P =17.5
Qs=500+45P
Qs=500+45(17.5)
Qs=500+787.5
Qs=1287.5
As we know Qs=Qd For equilibrium

So it will be at 1287.5

Qd=Qs
850-25p=500+45P
850-500=45p+25P
350=70P
P=350/70
P=5 (equilibrium price)
Now,
Putting the value of P in eq 1, we will get the equilibrium quantity,
Q=500+45(5)
Q=500+225
Q=725 per bushel

Mgt111 Assignment Solution

Assignment#1 (Mgt 111)

Civil Services have become the key wheels on which the entire engine of the state has to move. Hence the leaders for these services are drawn through the competitive examination. The officers thus appointed are bestowed with solemn responsibilities and are scheduled to hold the highest offices of the country.

Pakistan today needs young men and women, with qualities of both head and heart. To choose only such balanced individuals is the purpose of the civil services examination.

We discussed to the following points:-

ü Police Service of Pakistan
ü Foreign Service of Pakistan
ü Pakistan Audit & Accounts Services
ü Commerce & Trade Group

ü Railways Group

1) Polce Service Of Pakistan:-

The Police Service of Pakistan (PSP) is comprised of police officers selected through the Federal Public Service Commission Entry is at the level of Assistant Superintendent
of Police.

Under the old Police Act, the Police had many responsibilities. But with the enforcement of Police Order 2002, it has been given a leadership role alongwith lot more responsibilities and accountabilities. Every new posting is a challenge it is a never ending war against crime, social evils and every day problems of the people residing in a particular area.

2) Foreign Service Of Pakistan:-

Foreign Service of Pakistan was constituted on an ad hoc basis immediately on the birth of Pakistan. The Service was first given an executive fiat in a decision of the Federal Cabinet in July, 1948. A formal resolution constituting the service was announced in October 1952. It envisaged diplomatic posts in the Ministry of Foreign Affairs and in the Diplomatic and consular missions of Pakistan abroad. The resolution provided for the posts of (a) Secretary (1), (b) Joint Secretaries (2), (c) Deputy Secretaries (8), and (d) Under Secretaries (16) Posts for Pakistan Diplomatic Missions abroad provided for Ambassadors (17), High Commissioners (5), Ministers (4), Commissioners (1), Deputy High Commissioners (2), Counselors (15), First Secretaries (10), Second Secretaries (19), Third Secretaries (31), Consul General (3), Consul (4), and Vice Consul (7).

3) Pakistan Audit & Accounts Services:-

Pakistan Audit and Accounts Service operates under the constitution 1973, article 144 to 176, and is presently being run through Presidential Order No 23/2001.
The functions and powers of Auditor General Pakistan have been defined in the above mentioned order. The Auditor General enjoys a tenure posting of five years under the constitution. He is responsible to maintain accounts of the public sector organizations and is responsible to conduct audit of the same.

4) Commerce and Trade Group:-

Consequent upon the introduction of Administrative Reforms of 1973 aiming to create Civil Services of specialized nature and responsibility, the Trade Service of Pakistan (TSP) was changed into Commerce & Trade Group to administer Export Promotion Bureau, Office of the Chief Controller of Imports & Exports, National Tariff Commission, Trade Marks Registry and Department of Insurance. The posts of Commercial Secretary/Counsellor in Pakistani missions abroad have been kept open to all services, due to the fact that the Office Memorandum under which the Commerce & Trade Group was created did not mention these posts.

5) Railways Group:-

Pakistan Railways forms the life line of the country catering to all its needs for the large scale movement of freight as well as passenger traffic thereby contributing to economic growth and national integration.

Pakistan Railways is a multi-cadre/multi branch organization and can be dubbed as a mini-govt. For running a huge organization like that of Railways, various branches are serving to run the business smoothly. The Railways Commercial & Transportation (C&T) group plays the most important role as such it is the only cadre in Railways, inducted through CSS and is a part of Civil Services Academy Alumni C&T group is also called as operating and management department as it is solely responsible for the promotion of commercial business (freight & passenger) and for overall safety concerning train movement and operations.

Mgt201 Assignment No. 1 Solution

Financial Management MGT201

Assignment 1

ABC Corporation, a maker of electronics equipments, is considering selling the rights to market its products to a well-known advertising firm.

The proposed deal calls for annual year end payments of Rs.15,000 in years 1 through 7 and payments of Rs.30,000 and Rs.25,000 at the end of 8th and 9th year respectively. A final payment of Rs. 10,000 would be due at the end of year 10

1. If ABC Corporation applies a required rate of return of 12% to them, what is the present value of this series of payments?

Solution:

Year Cash Flows Present Value of Cash Flows

PV = FV / (1+i)^n

1) 15,000 13,392.86

2) 15,000 11,957.91

3) 15,000 10,676.70

4) 15,000 9,532.77

5) 15,000 8,511.40

6) 15,000 7,599.47

7) 15,000 6,785.24

8) 30,000 12,116.50

9) 25,000 9,015.25

10) 10,000 3,219.73

Present Value of series of payments 92,807.83

2. A second company has offered ABC Corporation a payment of Rs.30,000 now and another final payment of Rs.80,000 at the end of year 3 for the rights to market the products. Which offer should ABC Corporation accept?

Year Cash Flows Present Value of Cash Flows

PV = FV / (1+i) ^n

1) 30,000 30,000.00 (As this payment was made immediately, therefore carries no interest)

3) 80,000 56,942.42

Present Value of series of payments 86,942.42

ABC corporation must accept the proposal whose Present Value of Series of Payment is higher

i.e. 92,807.83