Product Reassesment research paper Example | Topics and Well Written Essays - 1000 words

Product Reassesment - Research Paper Example Product reassessment gets conducted due to the product’s performance in the market. Market performance indicators may result to a product reassessment (Graham et al, 2008). This paper will discuss a reassessment of battery free remote control in the US market. The target markets for this product include retailers and consumers who are in search for battery free remote controls. Developing a marketing strategy involves the identification of a target market and coming up with a mix that will appeal to potential consumers. Developing an ideal market mix involves paying attention to factors such as price, product, and promotion. Target marketing involves selecting a viable target market by factoring in; the expected growth, size, cost to reach, competitive position and compatibility (Graham et al, 2008). Target marketing may undertake the single target market approach or multiple target market approach. In repositioning the target market for battery free remote control, branding i s essential as 76% of American consumers base their decision to purchase a product on its brand name (Kahn, 2011). The product’s retail market is also growing massively as large retailers offer exceptional demand for the product. A few of this retail chains own over 4000 chains in the US and thus provide ample appetite for the product (Kahn, 2011). Marketing research is vital to ensure that the product gets repositioned towards its target market. Research is crucial in determining how market mix influences customer behavior. In order to reposition the product to its target market, it is necessary to conduct positioning research (Graham et al, 2008). This will help the manufacturing firm to determine the perceptions of the target market in regards to their brand. Positioning research identifies how the target markets view the brand in relation to other brands from competitors. It helps the firm to understand what their brands stand for from the customers’ views (Graham et al, 2008). Positioning research will also help the firm to differentiate its products from those of other competitors. It will help the firm to develop its own position in the market with the view of appealing to its target market through its own product attributes. It is necessary to also conduct a segmentation research for the product. This will help the firm to identify the behavioral patterns of potential buyers. Segmentation research allows the firm to determine the demographic characteristics of the target market. Determining the demographic and behavioral patterns of potential buyers is vital in repositioning the product in the market. Demographic and behavior pattern data assists firm management to understand their target market while in the design process of the product. The data derived from such research helps the manufacturing firm to redesign the product in accordance with the target market’s taste and preferences. This will help to reposition the product in t he target market along competitor brands (Kahn, 2011). Adoption rates refer to speed with which new members of a society start to use new technology within a specified time (Kahn, 2011). To increase the adoption rate for the product, the firm should consider on the product pricing. The product should be offered at a competitive price by the firm. Competitive pricing will allow the target mark

Political Science Research Paper Example | Topics and Well Written Essays - 500 words

Political Science - Research Paper Example From the study it is clear that Charles E. Schumer became a leader who finds common sense solutions to national issues. Moreover, Schumer has built a reputation for tirelessly fighting for New York by visiting all the 62 counties each year while talking to constituents on emerging issues and finding solutions. In practicing some of his policies and implementation, on March 16, 2015, Schumer blasted the current amendments by the federal department of housing and urban development of withdraw of federal funds promised to change housing units of towns and communities around New York City. This paper concerns the federal department which promised to change local infrastructure developments in the city to march with the current economic requirements on housing. Schumer policies on national development enabled him face the federal government and insisted on development that the national government and the federal government had earlier promised communities and towns within New York City. Schumer believes in reaching people and working with then through consultations to enable development. The federal government was to bring change to the towns of Elbridge, Skaneateles, and Onondaga, which he consistently pushed for the changes the federal government had earlier promised. The federal government approved CDBG funds within the communities in September 2014 and instead it became reluctant about the development. Schumer believes in transparency and accountability of the government in accomplishing some of their duties promised to the natives.

Case Study of Human Resources In Business Example | Topics and Well Written Essays - 500 words

Of Human Resources In Business - Case Study Example E.g., The several issue of support, political affairs, turnaround time, etc. The "red tape" a familiar concept deals with a larger organization. Less significant companies are almost certainly going to be inclined towards less ordered factors, such as lack of sustain, budget foresight or lack of budget, inadequate resources, no comprehensible funding to take projects. An additional feature almost and always identified in the smaller companies will be disorganization. A group of that stalk from be deficient in of method for example, is the a good hiring (HR) procedure in place Often not, and that way fresh staff may not be as systematically scrutinized and well-fit to the project or association. as a result, revenue could be elevated. Actually, there can be rise in the environmental factors without difficulty. By analyzing the nook and corner of an organization (or envision a unique situation). suppose "what troubles will be faced in a new environment," and observe the same with the final results. External resources have been used in this structure to symbolize what conventionally are named as suppliers, vendors, associates and joint-ventures, as well as public organisations, authoritarian boards, restricted communities, etc. they are employed to offer products or services necessary to achieve a given chore for the organization. The external environment is â€Å"Conditions, entities, events, and factors surrounding an organization which influence its activities and choices, and determine its opportunities and risks. Also called operating environment.† (External environment, n.d). System of exterior resources has a wider outlook of the supply chain, together with the relations that resources might have which are not openly associated to supply the goods to the organization. Usually, monitoring of external resources on the company was done by the sum of funds spent by purchasing of the product and by identifying the expense

Political Science Research Paper Example | Topics and Well Written Essays - 500 words

Political Science - Research Paper Example From the study it is clear that Charles E. Schumer became a leader who finds common sense solutions to national issues. Moreover, Schumer has built a reputation for tirelessly fighting for New York by visiting all the 62 counties each year while talking to constituents on emerging issues and finding solutions. In practicing some of his policies and implementation, on March 16, 2015, Schumer blasted the current amendments by the federal department of housing and urban development of withdraw of federal funds promised to change housing units of towns and communities around New York City. This paper concerns the federal department which promised to change local infrastructure developments in the city to march with the current economic requirements on housing. Schumer policies on national development enabled him face the federal government and insisted on development that the national government and the federal government had earlier promised communities and towns within New York City. Schumer believes in reaching people and working with then through consultations to enable development. The federal government was to bring change to the towns of Elbridge, Skaneateles, and Onondaga, which he consistently pushed for the changes the federal government had earlier promised. The federal government approved CDBG funds within the communities in September 2014 and instead it became reluctant about the development. Schumer believes in transparency and accountability of the government in accomplishing some of their duties promised to the natives.

Do you think UK stock market behaviour in 2009 was consistent with Essay

Do you think UK stock market behaviour in 2009 was consistent with efficient market theory - Essay Example The money available in the hand of the public was lesser than normal. The Government had to introduce a huge amount of money into the system to sustain the stability of the environment. (UK in for prolonged recession, 15th November, 2008). The state of the UK economy can be attributed to some of the policies of the banks in the country. Like the USA, the UK banks were providing loans during the â€Å"house bubble†. When the bubble burst out the banks were in serious debt. The status of the borrowers was not analyzed properly and this caused the downfall in the economy. The age-old values of honesty and hard work have to be imbibed in the system to recover fully from the downturn and the system should introduce a system to minutely analyze the credentials of the borrowers before offering them the money. (UK economic conditions, n.d.) As the investments pouring in the company reduced their activities in the business front. The companies were looking to reduce their costs and hence the economic conditions worsened. The effect of these activities had an impact on the stock market of the UK. The paper deals with the effect on the stock market during recession and its confluence with the efficient market theory. â€Å"The Efficient Market Theory† (EMT) is one of the most important theories that has risen in the context of the stock market. The main propaganda of the EMT is that information about the stock market is available to all. The information about various incidents enters the stock markets and is available to all. As a result, the stocks are influenced by the information and the price changes are related to it. Therefore, the investors cannot take undue advantage of the market and has to follow the similar trajectory of the other investors. Any form of fundamental and technical analysis does not help the situation of the investors. Therefore, no investor

Tax Office Operation Transformation Essay Example for Free

Tax Office Operation Transformation Essay Governments of developing countries are constantly scrambling to raise the revenues required to finance higher service demands expected by their citizens and the infrastructure (economic, social and environmental) that will enable them to grow the nation towards being industrialized. And to sustain the all imperative comparative advantage over neighbouring nations. Taxation revenues continue to be the main source of revenue for Government spending. This in turn requires well-designed tax policies (new taxes and tax reform) that are translated into clear legislation and are administratively feasible. Perhaps the greatest challenge facing these countries is to improve the effectiveness of their tax administrations.[1] Common Challenges Tax Administrations in developing country contend with the same range of challenges with developed nations, although the significance of typical collection issues may be greater. As a result these countries suffer significant losses in revenue collection. Introducing tax initiatives such as self-assessment and GST does alleviate the revenue leakages to certain extent, however the agencies capacity and capability to administer an effective and efficient taxation system is the ultimate determinant to maximizing collections. It has longed been realized that the existence of widespread tax evasion as part of the hidden economy is a critical concern to developing countries, as it is with developed nations. Hidden income can be defined to include legitimate earnings which are hidden actively or passively to evade tax, as well as illegal earnings derived from non-lawful operations and services. Without trivializing the complexity in dealing with the later type of evasion, the taxpayer’s perception of the administration influences their obligation behaviour. It’s more so evident in developing countries where the administration may not be seen by taxpayers as service organization nor as an active enforcer. For example, common trends include: Â  Inability for taxpayers to get information from or transact with the agency, either low responsiveness, inconsistent advice, multiple hand-offs, huge queues at the service counters etc. Assessments and refunds taking months to process, often taking over six months to make a refund No urgency for Taxpayers to get registered, especially with small to medium enterprise and self-employed Lodgments and payments not pursued actively by the agency, often resulting in over 30% of non-filers Accumulating Debt not pursued in a timely manner by the Agency. Over the years can amount to considerable loss in non-recoverable debt (ie. timing issue). Low level of compliance actively, in terms of education and enforcement. Taxpayer being audited is seen as just bad luck. The Problem The common complaint of the developing country’s tax administration is the lack of resources. In terms of priority, these agencies are more focused on transaction processing activities which are largely manually driven. They are constantly bogged down dealing with never ending processing back-logs, including low turn-around in assessments, refunds, audit cases, appeals, rulings and so on. A large portion of the administration’s staff would be devoted to these low-value activities, which actually does not grow the revenue. The executive management of these administrations is well connected to the best-practices being adopted elsewhere, and understands the positive application to their own environment. They are challenged by the expected rate of change imposed on their agency, constantly battling the needs of Government to collect more and implement new policies quickly, at a lower operational cost. Taxpayers who demand the same levels of services they come to expect from the commercial sector Employees who are frustrated no having the revenue-agency tools to deliver superior services or for effective compliance enforcement. In this hast to modernize the tax agency often turns to automation and Information Technology as the savior and try to implement large amounts of innovation in a short period. As examples, interactive internet service, imaging for data capture, data warehouse, mobile audit workbench, IVR/CTI. All of these are essential IT enablers for the business; however, they often fall short of delivering the benefits in improving service and compliance enforcement in developing countries. The solution Lesson learnt elsewhere tell us that certain characteristics of an agency are central to support business innovation (new ways of doing business) using IT. Without these characteristics, the agency would cripple its efforts to modernize. These characteristics are: Having the building blocks for tax processing, Registration, Lodgment, Payment and Policing. High level of data quality Effective Change Management ability Building Blocks for Tax Processing The main functions of a tax administration, in dealing with taxpayers, aside from actual tax collection or sanctioning non-compliance, largely involve gathering and processing information. The four interrelated blocks are: Registration: Identify potential taxpayers and register taxpayers. Each taxpayer would be identified via a tax identification number and contact details are maintained. This information is core all business activities and imperative to maintain accurate and completed details. Lodgement: Capture, quickly process and record information to assist taxpayers in meeting their tax obligation. Non-lodgment needs to be managed [1] Developing The International Dialogue on Taxation, A Joint Proposal by the Staffs of the IMF, OECD and World Bank, 13 March 2002.

Precipitation Test of Cations and Anions :: Chemistry Lab

Qualitative Analysis Purpose: In this lab, we would tests the ions of Mg2+, Ca2+, Sr2+, and Ba2+, and enable each to be identified separately. And by using these observations, we could also identify an unknown. We also would tests the ions of SO42-, CO32-, Cl-, and I-, that also enable each to be identified separately, and to be use to identify the unknown. Safety: Chemicals include toxic. Remember to wash hands after the experiment. Procedure Summary; Part I - Qualitative Analysis of Group 2 Elements We first mix 0.02M K2CrO4 with each Mg(NO3)2, Ca(NO3)2, Sr(NO3)2 and Ba(NO3)2 together. Secondly, we mix 0.1M (NH4)2C2O4 instead of 0.02M K2CrO4 together with the same reactants used before. Thirdly, we mix 0.1M Na2SO4 as the added reagent. Then, we mix 0.1M NaOH as the added reagent before. Precipitates should forms for some, and be recorded in Table 1 with observations. At last, we obtain an unknown solution to identify the cation by mixing it with the 4 reagents we used before. Part II- Qualitative Analysis of Selected Anions We first mix 1M HNO3 with each Na2CO3, Na2SO4, NaCl and NaI together. Repeat these steps by placing 0.1M Ba(NO3)2 instead of 1M HNO3. Then mix1M HNO3 for the onces that formed precipitates. Repeat the first step by placing 0.1M AgNO3 instead of 1M HNO3. Divded the contents of the ones that contains ppt in half, then add 6M NH3 to one set of them and for the other set add 1M HNO3. Using these observation, we obtain and identify an unknown union. All observations should be recorded in Table 2. Pre-lab Questions: 1. What is the difference between qualitative and quantitative analysis. Qualitative analysis is a set of procedures used to identify a particular ion or a sample. Quantitative analysis is used to identify the amount of ion presence in a solution. 2. What type of reaction will use to identify the cation in part I? Double replacement and precipitate-forming reaction will be used to Precipitation Test of Cations and Anions :: Chemistry Lab Qualitative Analysis Purpose: In this lab, we would tests the ions of Mg2+, Ca2+, Sr2+, and Ba2+, and enable each to be identified separately. And by using these observations, we could also identify an unknown. We also would tests the ions of SO42-, CO32-, Cl-, and I-, that also enable each to be identified separately, and to be use to identify the unknown. Safety: Chemicals include toxic. Remember to wash hands after the experiment. Procedure Summary; Part I - Qualitative Analysis of Group 2 Elements We first mix 0.02M K2CrO4 with each Mg(NO3)2, Ca(NO3)2, Sr(NO3)2 and Ba(NO3)2 together. Secondly, we mix 0.1M (NH4)2C2O4 instead of 0.02M K2CrO4 together with the same reactants used before. Thirdly, we mix 0.1M Na2SO4 as the added reagent. Then, we mix 0.1M NaOH as the added reagent before. Precipitates should forms for some, and be recorded in Table 1 with observations. At last, we obtain an unknown solution to identify the cation by mixing it with the 4 reagents we used before. Part II- Qualitative Analysis of Selected Anions We first mix 1M HNO3 with each Na2CO3, Na2SO4, NaCl and NaI together. Repeat these steps by placing 0.1M Ba(NO3)2 instead of 1M HNO3. Then mix1M HNO3 for the onces that formed precipitates. Repeat the first step by placing 0.1M AgNO3 instead of 1M HNO3. Divded the contents of the ones that contains ppt in half, then add 6M NH3 to one set of them and for the other set add 1M HNO3. Using these observation, we obtain and identify an unknown union. All observations should be recorded in Table 2. Pre-lab Questions: 1. What is the difference between qualitative and quantitative analysis. Qualitative analysis is a set of procedures used to identify a particular ion or a sample. Quantitative analysis is used to identify the amount of ion presence in a solution. 2. What type of reaction will use to identify the cation in part I? Double replacement and precipitate-forming reaction will be used to