...Lecture Two: Advertising and Consumer Culture 1. Role of Advertising in Society * Does advertising create unnecessary wants? * The primary function of advertisements is to sell products * Publicly addressed to a mass audience widespread social effect * Intended to create desire and a belief that a product will satisfy desire of consumer 1. Economic Role * Making consumers aware of products and services facilitating selling process Expand consumer demand for products Encouraging consumption and fostering economic growth * Helps new competitors enter the market = advances competition, which results in the lowering of prices that consumers pay for goods and services Effects on Consumer Choice * Differentiation * Brand Loyalty Effects on Competition * Barriers to entry * Economies of scale Effects on product costs and prices * Advertising as an expense that increases the cost of products * Increased differentiation 2. Information Role * Commercial Speech must * Presents information to help consumers make decisions regarding the purchase of products and services * Ads tells us what is new, available, where, when and the price * Tell us about a products (alleged) quality and specifications 3. Entertainment Role * Ads have become an intrinsic part of modern society * Although we may condemn its objectives, as an aesthetic experience we enjoy ads in the same way we enjoy...
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...Opinion Essay: Facebook – Friend or Foe? Facebook is undoubtedly the best-known social networking website at the moment. Millions of people worldwide regularly use it to meet their friends online. They send messages, upload private pictures and tell their friends what they feel like via mood messages. However, more and more journalists and media experts are warning of the dangers of Facebook. Does Facebook improve our lives or is it the new version of “Big Brother”? Despite all the criticism, using Facebook certainly has many advantages. Firstly, it is a free website. That means that nobody has to pay for using it and everybody can join it. The terms of use guarantee this free service. Compared to other websites, Facebook is more trustable and safer, because it is one of the most famous social networking website. Secondly, Facebook enables you to stay in contact with other people. Users can quickly send messages, exchange an unlimited amount of pictures and can easily connect to people they have not seen for a long time. In addition to that, it does not matter if these people live far away or just around the corner. Everybody can be contacted within a few seconds. Thirdly, everybody can decide individually how much he or she wants to tell about him or herself. By adjusting the privacy settings, users can decide who can read which details about themselves. These are certainly highly positive sides about Facebook. However, using Facebook also has disadvantages. Firstly...
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...ip in partnersh with Scenario CIMA Global Business Challenge 2012 Scenario You are the consultant to VYP an independent TV production company. Prepare a report that prioritises analyses and evaluates the issues facing the board of VYP. You should make recommendations where appropriate. Read all the information provided before you begin Note: Today’s date is 31 March 2012. You should write your report as at this date. ©The Chartered Institute of Management Accountants Page 2 A variety of issues have arisen, on which the board would like your analysis and opinion: Re-commissioned drama series Following the successful launch of a drama series last year the BBC announced last week that it wishes to re-commission a second series. The programme last year revolved around a group of four rowers preparing for the rowing world championships held in 2011. It covered the ups and downs of life as a rower and dealt with the pressures on relationships the training created. The programme was unusually well received by the viewing public. The BBC have offered the new series at the 2011 prices less 10% arguing that the sets have been built and many of the normal teething problems had been resolved last time. VYP have always struggled to realise the savings considered likely when a series is repeated. The new drama series will be a long one giving £5m of revenue to VYP (after the 10% discount mentioned above). Janet Black, Finance Director has indicated that in her experience...
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...Business Report for Facebook 01 /12/2011 Group members: Ying Huang 1033113 Lupeng Tang 1123942 Qiwen Fan 1033112 Executive Summary Facebook is the website has the largest number of users among the social media industry, which have tremendous market share. The company's aim is to make closer to each user, which is the competitive weapons of the company in the social media market. The company's current strategy is the growth strategy, and it is going to develop more functions of the website base on a large number of users, thereby creating more profits out. In terms of resource, this includes physical resource, financial resources, human resource and intellectual resources. facebook for globalization, has a large number of funding and acquisitions, to attract more skillful and professional person into the company, and has the most competitive market share started to reputation. Even though there are many competitors in the social media want to take the market share. Table of content 1. Introduction 1 2. Company description 1 3. Internal analysis 2 3.1 Strategic capabilities 2 3.1.1 Physical resources 3 3.1.2 Financial resources 3 3.1.3 Human resources 4 3.1.4 Intellectual resources 5 3.2 Strength 5 3.3 Weakness 6 4. External analysis 6 4.1 Porter’s five forces analysis 6 4.1.1 Threat of...
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...networking effects on adolescent social development. Everyone is using online social networking sites. Today, more and more adolescents are already using social media to maintain relationships and connect to new groups. Also known as, the rich get richer hypothesis. Many more adolescents are less socially adept using social networking websites to make new friends when they might be too shy to do so in real life. Second, how are relationships forming online? Evidence shows that young people maintain already formed friendships and build new friendships online. Social media has taken away face-to-face social skill development. The constant growth in technology has resulted in the creation of over five online social networks for people to sign up for and be members. Research shows that almost every teenager is an active member in one social media site, at least. Further research into the time that people spend online in these social networks per day is even alarming. The connection between teenagers and online social networks is a cause if concern. Adolescents use the social networks as a platform for creating friends and getting to know each other. However, despite the strong relation between teenagers and social networks, better precautions needed. While undergoing social networking activities, several disadvantages a teenager might suffer. The violations include an increase in immoral activities, violations of privacy, sexual violations, deceit, and cyber bullying...
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...The “In” Credible Web: Evaluating the Credibility of MedlinePlus Cecelia Chamberlain College of Nursing Course Number: NR 500 September 2012 The “In” Credible Web: Evaluating the Credibility of MedlinePlus Accessing health information via the Web has become the “In” thing. According to a 2010 survey conducted by the Pew Internet & American Life Project, 74% of all U.S. adults are using the Internet, and of those accessing the Web 80% are looking for health information (Fox, 2011). This paper will evaluate the credibility of MedlinePlus at http://www.nlm.nih.gov/medlineplus/. This website was located using the search engine Google and was chosen for its .gov domain. According to Brenner (2005), Web addresses ending in .gov, .edu or .org offer greater authority and are more reliable sources. MedlinePlus is a health information website produced by the U.S. National Library of Medicine (NLM). This site provides a wide variety of health and wellness topics as well as interactive tools designed to educate, inform, and guide consumers and medical professionals on health related issues (NLM, 2012). The following criteria; authority, information, and objectivity, ease of navigation, and privacy and security policies will be used to evaluate and identify MedlinePlus as a credible health information resource. Furthermore, implications to nursing practice will be discussed. Authority Authority is consistently identified in the literature as being of the upmost importance....
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...Evaluation of Websites Credibility The Alzheimer's Association Gwendolyn M. Spong Chamberlain College of Nursing NUR 500 The website I decided to investigate and assess on its credibility is the Alzheimer's Association site (http://www.alz.org). The Alz.org is a site which offers valuable information to those affected and their loved ones as well as extensive research in the hopes of eliminating this disease. I have taken care of many patients that suffer from dementia and they as well as their families have a special place in my heart; therefore I decided to take a closer look at the Alzheimer's Association website. I used Google search engine to find a government or organization website related to Alzheimer's and the number two result in my search was Alz.org. The domain of the website for Alz.org is the ending .org which indicates that the website is operated by an organization and more specifically the Alzheimer's Association is a non-profit organization (Roberts, 2010). This paper will evaluate the Alzheimer's Association websites credibility including the sites authority, information, objectivity, ease of navigation, privacy and security policies; in addition, it will cover reasons for professional nurses to assess information on the internet and how the information from the website can be helpful to them. Today anybody has the ability to create a website and have their thoughts and opinions displayed to the public, however, we have to ask ourselves is the information...
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...that miraculously recover by the next scene or even in the middle of the scene. It seems that Timmy Turner and his Fairy God Parents hold the power in the show. In order for Timmy to make wishes he needs his Fairies. They are to grant him every wish that he wishes for, with some rules of course. Instead of ending with violence Timmy finds a way to reverse his wishes. In this episode his mother was hit with an arrow and fell in love with Mr. Crocker who is Timmy’s teacher and foe. Timmy lives with his mother and father. They are married and their relationship with Timmy is portrayed negatively. There has been an episode or two that shows his parents grounding him, other than that adult guidance is absent. It is very easy for Timmy to trick his parents. He can do that with or without his fairies. They don’t seem to really care what Timmy does. His parents are rarely home. They leave him with a terrible baby sitter named Vicky while they go out. Most main characters are males (Timmy, His Dad, his 2 Friends, his Teacher, his Fairy, his enemies). Some males and females are stereotyped into “buff’ or “hot” characters. However there is a variety of looks, characteristics, and personality traits in the males and females in this show. The jobs are not stereotypical; men and women constantly switch roles in Fairly Odd parents. Most of the characters are Caucasian. There are...
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...Leadership Styles of Carly Fiorina and Steve Jobs Running head: LEADERSHIP STYLES OF CARLY FIORINA AND STEVE JOBS 1 Leadership Styles of Carly Fiorina and Steve Jobs Group 1 Management 4314 MGT4314 Submitted to Dr. Stephanie Solansky Leadership Styles of Carly Fiorina and Steve Jobs Leadership Styles of Carly Fiorina and Steve Jobs Carly Fiorina took a leadership position as CEO of Hewlett-Packard for about 6 years. She brought to Hewlett-Packard (HP) nearly twenty years of experience and expertise in marketing and sales that she acquired with AT&T and Lucent. However, she failed to execute HP's strategy and deliver improvements in the company's profits and stock price. She was asked by Hewlett-Packard's board of directors to resign due to the lack of the leadership skills needed to take advantage of emerging market opportunities (Hewlett-Packard, 2007). Fiorina's mistakes in leading HP are an illustration that leadership effectiveness is dependent on situation and other environmental influences, 2 and not only the traits of the leader. In contrast to Fiorina’s leadership failure, a success story unfolded at Apple Computers where a leader practically saved the company. Management guru Jim Collins calls him the "Beethoven of business," Wall Street loves him, and even Bill Gates became more of a partner to him after once being his nemesis. This powerful man is Steve Jobs, cofounder and current chief executive officer of Apple Computer. Much has been made of Jobs'...
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...Miller International, Inc. Strategy Recommendation Introduction History * I’ve chosen to focus my strategy recommendation on Miller International, Inc. I’m particular interested in this company due to the fact that, I, myself am a consumer of their products, particularly their Cruel Girl brand. This brand is crafted for woman and girls. And being a country girl, there is nothing better than a good pair of jeans. Miller International, Inc. is a Denver, Co based manufacturer and marketer of apparels that was formed in 1918. It owns and distributes major premium clothing brands such as Cinch, Cruel Girl, and Rockies. These brands offer high-quality jeans and other western wear for men, women, and children. Over the years this company has evolved to keep up with the ever-changing needs of their customer base. Phillip Miller, the founder, started as a door to door hat salesman. When the need arose, he expanded to a catalog company. With the emergence of retail stores, in 1950, he opened his first brick and mortar store. And now, as back then, the Miller International, Inc. company is continuing to provide their customers with the product and accessibility they require. So in these days of cutting edge technology, they are proving to remain amongst the leading western wear retailers with e-commerce websites and through social media. Competition One of Miller International, Inc.’s major competitors in the western wear industry is Wrangler. Wrangler has been...
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...What is Multi Level Marketing (MLM)? Multi-level marketing, also known as network marketing, is a form of direct sales in which individuals, known as distributors, sell products, usually over the telephone or go door to door. Distributors recruit other distributors who do the same. Each distributor makes money on the products that their recruits sell in addition to the money they make from their own sales. The idea is that eventually the original distributor can just sit back and let the distributors he recruited make money for him. For a fee, usually between $25 and $100, these MLM companies will sell people a distributor kit that includes informational brochures about the product they will be selling, price lists, order forms and an instructional manual. Basics of MLM When it started in the 1930s, MLM was a legitimate business practice that afforded a way for small businesses to get their products to consumers in rural areas that had no access to these products. The idea was much like that of the traveling salesman. At the time, the products sold themselves and the percentage that went to the owner(s) was regarded as an award to those who built the organization. The focus remained on the product. MLM today Today, with the advent of technology giving us the ability to travel far distances, there is no need for these "distribution systems." Therefore, the focus has shifted from the product to recruiting new people to buy into the program or to sell low-quality products...
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...Google Misses the Mark There were many areas where Google may have missed the mark in the initial layout and design after its acquisition of You Tube. The first major mark Google missed was the initial design of the video service. Google initially designed the service where users were able to search video content. Google wanted to make an easy search function so that its users could easily search television shows and also find when and where to watch them. The search function was in no way comparable to You Tube. You Tube’s design was more simplistic and searching was much easier. Google’s video service overall missed the mark in the small details as well. The Google video service did not incorporate the small details that users liked such as the number of views. This information was only available to the uploader and not the viewer. Google’s service allowed the user to search captions from a video, but the search would produce only related information such as broadcasting dates and not the actual video. Once Google began allowing user contributed content, it required special version of Video LAN to view the videos, making it inaccessbile to the average viewer. Google also offered a new flash technology which made it a lot quicker to upload a video, but viewing the video took considerably longer. Youtube was a smaller company and there was no real threat or fear of lawsuits for copyright infringement. With Google, their pockets seemed endless and were a prime target for...
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...BRAC University School of Business Summer2015 COURSE OUTLINE MKT 201: Principles of Marketing Section – 2, 5 [“Marketing is not the art of finding clever ways to dispose of what you make. It is the art of creating genuine customer value.” ― Philip Kotler]. |Section |DAYS |TIME |Room No | |2 |Mon & Wed |09:30 - 10:50 |UB20203 | |5 |Mon & Wed | 03.30 - 04.50 |UB20203 | Instructor: Rahma Akhter Office : UB20605 E-mail : rahma.akhter@bracu.ac.bd Phone : 01817530917 Consultation Hours |DAY |TIME |ROOM |HOURS | |Sun & Tues |12:30-01:50 |UB 20605 |3 | |Sun & Tues |02:00-03:20 |UB 20605 |3 | |Mon & Wed |11:00-12:20 |UB 20605 |3 | |Mon &Wed |12:30-01:50 |UB 20503 |3 | I. RATIONAL: This course introduces the students to the world of marketing. Starting off with the key concepts of marketing, the course is also a survey of the marketing function of the organization, including the marketing environment and target markets, marketing strategy with emphasis on the marketing...
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...The effectiveness of advertising through the social media in Gauteng by Thirushen Naidoo 22012893 Dissertation submitted in partial fulfilment of the requirements for the degree Master of Business Administration at the Potchefstroom Campus of the North-West University Supervisor: Prof. C.A. Bischoff November 2011 1 ACKNOWLEDGEMENTS Lord Ganesha, thank you for removing all obstacles in my path to complete this dissertation. I would like to take this opportunity to express my heart-felt gratitude towards a number of very special people whose contribution, support and understanding were essential for the completion of this study. I would like to thank my father Geghia, mother Lavina and two brothers Shalendra and Rishendra for the tremendous support through these past three years .To Orisha, a very special thank you for the belief and encouragement you provided me with during this period of studies. Having people like you in my life has made all of this possible. My heart goes out to each and every one of you. To Prof. Christo Bisschoff, thank you for the guidance, wisdom and encouragement throughout the study. You have made this a truly enjoyable experience. “Om Namah Shivaya “ 2 ABSTRACT In this day and age, with the very strong impact of globalization, digitalization and social media, advertising is changing. Many companies and advertising role players are forced to implement new consumer and business models and apply innovative...
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...ADVERTISING CAMPAIGN OF A SELECTED SARI-SARI STORES IN THE CITY OF DASMARIÑAS An Undergraduate Thesis Presented to the Faculty of Business Management College of Business Administration De La Salle University- Dasmariñas Dasmariñas City, Cavite In Partial Fulfilment of the Requirement for the Degree of Bachelor of Science in Business Administration Major in Business Management Grant Marco M. Labii March 2011 APPROVAL SHEET This undergraduate thesis entitled ADVERTISING CAMPAIGN OF A SELECTED SARI-SARI STORES IN THE CITY OF DASMARIÑAS, prepared and submitted by dela Cruz, Rhemielyn S. , Miñano, Glaize Anne M., Tagulao, Donovan in partial fulfilment of the requirements for the degree of Bachelor of Science in Business Administration, major in Business Management, has been examined and is recommended for acceptance and approval for oral defence. Adviser Undergraduate Thesis Review PanelApproved for the Committee on Oral Examination with a Grade of ______________ Member Member Dr. Oscar Lacap Chairman Accepted and approved in partial fulfillment of requirements for degree of Bachelor of Science in Business Administration, major in Business Management. Dr. Oscar Lacap Dept. Chair Dr. Willington Onuh Dean ACKNOWLEDGEMENT The researchers would like to express their deepest gratitude to the following for making this...
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