profoundly affect its future. Recognizing that IBM would soon introduce its version of the portable computer and threaten COMPAQ’s dominance in this profitable market, the company had two options. It could elect to specialize in this product line and continue to market its highly regarded portables aggressively, or it could expand market offerings to include desktop microcomputers. The latter move would force the year-old company to confront IBM on its home ground. Moreover, COMPAQ would have to
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Since the product is not well known and is usually expensive (e.g., as microwave ovens were in the late 1970s), sales are usually limited. Eventually, however, many products reach a growth phase—sales increase dramatically. More firms enter with their models of the product. Frequently, unfortunately, the product will reach a maturity stage where little growth will be seen. For example, in the United States, almost every household has at least one color TV set. Some products may also reach a decline stage
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order of occurrence form a pattern known as a time series. Answer: True Reference: Demand Patterns Difficulty: Easy Keywords: time series, repeated observations 2. One of the basic time series patterns is trend. Answer: True Reference: Demand Patterns Difficulty: Easy Keywords: time series, pattern, trend 3. One of the basic time series patterns is random. Answer: True Reference: Demand Patterns Difficulty: Easy Keywords: time series, pattern, random 4. Random variation
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commitment. In marketing, such goals are usually based on market share objectives and sales targets, both of which require accurate forecasts of total market size, market size of target segments and likely market share within a targeted segment. W H AT A R E W E F O R E C A S T I N G ? Accurate forecasting requires a clear definition of the market in question. Markets may be differentiated on the basis of the following variables. GEOGRAPHY A market may be defined at world, country, state, region,
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Eur J Population (2007) 23:1–31 DOI 10.1007/s10680-006-9110-6 Population and labour force projections for 27 European countries, 2002–2052: impact of international migration on population ageing Projections de population et de population active pour 27 pays europeens ´ 2002–2052: impact de la migration internationale sur le vieillissement de la population Jakub Bijak Æ Dorota Kupiszewska Æ Marek Kupiszewski Æ Katarzyna Saczuk Æ Anna Kicinger Received: 8 August 2005 / Accepted: 31 March 2006
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ARTIFICIAL INTELLIGENCE 1. Involves studying the thought processes of humans 2. Deals with representing those processes via machines * 1960’s * One of original chat bots * Programmed as Rogerian Psychotherapist. (Ask Q’s) * 1960’s * One of original chat bots * Programmed as Rogerian Psychotherapist. (Ask Q’s) Development of Eliza Development of Eliza Testing for intelligence: * The Turing Test * Alan Turing * How to determine if machine is truly
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1) What is this case all about? By the mid-1990s competitors had entered the gambling market with better and fleshlier properties. The Mirage in Las Vegas had set a new standard and began to spawn imitators and Harrah’s was facing the formidable task of growing the business in a limited market. Philip Satre joined Harrah’s as CEO realized that the people strategy helped the company initially was no sufficient to grow patronage and play at existing casinos. Harrah’s knew it had to come up with a
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Impact of derivative trading on the volatility in the stock market of India -Abhinav Barik Abstract This research paper focuses on the impact the derivative trading has had on the stock market of India. The impact is judged by the change in the volatility after the introduction of the derivative trading. In this paper 5 stocks are taken on which derivative trading was introduced and 4 stocks on which derivative trading was not introduced. The daily closing price of those stocks was taken for
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examines a cross section of markets, determining whether behavior is nonmonotonic in market size. Under some conditions, investment levels will be monotone in market size if firms do not invest to deter entry. Strategic investments to deter entry, however, may result in nonmonotonic investment because they are unnecessary in small markets, and impossible in large ones. Consistent with an entry-deterrence motivation is the finding that incumbents in medium-sized markets advertise less prior to patent
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seem to suggest predictability within equity markets and thus disprove the Efficient Market Hypothesis. However, consider the following: a. Multiple studies suggest that “value” stocks (measured often by low P/E multiples) earn higher returns over time than “growth” stocks (high P/E multiples). This could suggest a strategy for earning higher returns over time. However, another rational argument may be that traditional forms of CAPM (such as Sharpe’s model) do not fully account for all risk factors
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