Chrysler also known as Americas ‘Big Three’ automobile companies are located in this city. The concept of External Scale Economies can help us explain why these three major companies are located in this area. Scales economies are important for a country because they represent a growth in its economy. Companies are able to produce more products or services at a lower cost of input. “External scale economies are based on the size of an entire industry within a specific geographic area.”1 These companies bulk
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Case Study: Indian Super Shampoo QUESTION 1: What are the category beliefs among non-users of shampoo? (Pages 16 &17 Exhibit 9) Based on analysis of the Indian mass market‚ it was discovered that among non-users of shampoo‚ most users washed their hair infrequently. This is against the backdrop that 48% of respondents wash their hair only once per week while 43% twice. The shampoo category questionnaire revealed that most persons did not use Shampoo to wash their hair‚ but used other products
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are bad for your hair? With mine and jocey’s Natural shampoo that won’t happen. It’s cheap and safer for your hair. Not all shampoos are created equally. Many contain chemicals that will only irritate sensitive scalps or dry out your scalp when you use them on a regular basis. Not all store-bought shampoos are really all natural. The only way to know what you are dealing with is to make your own shampoo at home instead because store shampoo products cannot be trusted. Liquid castile soap which
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Grading Scale 2 Robert Hernandez English 102 Research paper Grading Scale Anyone who has attended a high school or college will readily say that one of the most stressful aspects of the entire experience is grades. Students will loose hours of sleep per night poring over textbooks‚ clutching a pen in one hand and a mug of Starbucks coffee in the other. They soon foster an obsession with achieving and maintaining perfect grades to the point where anything that earns less than "A" is a disgusting
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Adidas: Strengths -Strong success in Europe -High-performance products -Recent selling of subsidiary “dog” Salomon -In many invents is the biggest sponsor -Strong management team. -Strong control over its own distribution channel. -In the soccer industry‚ it has a stronghold. -No bad reputation like child labour or environment pollution. -Diversity and variety in products offered. -Strong financial position with minimal long term debts -Innovative designs in footwear enabling consumers
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FROM SCIENCE TO BEAUTY L’Oréal’s research facilities in France‚ the USA‚ and Japan bring together more than 3‚000 scientists and research staff. Their discoveries are published in leading scientific journals. L’Oréal’s innovations are patented‚ creating some 586 patents in 2004 alone. Our methodologies for evaluating the safety and efficacy of ingredients and finished products‚ product evaluation and claim substantiation are recognised by the international scientific community
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Around the period of the First World War the King of the United Kingdom said to the then Earl of Derby “My father was frightened of his mother‚ I was frightened of my father‚ and I am damned well going to see to it that my children are frightened of me.” One of the most powerful men in the western world during a time of great strife said this about the ones closest to him in his life. Why would a man of such potentially great compassion in one of the most fruitful nations of its time feel this way
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Diseconomies of scale A more precise definition is that long run average costs per unit rises with an increase in output.This can b shown in the diagram below: [pic] The rising part of the Long Run Average curve illustrates the effect of diseconomies of scale. Beyond Q1 (ideal firm size)‚ additional production will increase per unit costs. Diseconomies of scale are rarer than economies of scale and they are often offset by economies of scale that exist in the same business. This can make
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Economies of scale are the cost advantages that a business can exploit by expanding their scale of production. The effect of economies of scale is to reduce the average (unit) costs of production. Economies of scale‚ in microeconomics‚ refers to the cost advantages that an enterprise obtains due to expansion. There are factors that cause a producer’s average cost per unit to fall as the scale of output is increased. "Economies of scale" is a long run concept and refers to reductions in unit cost
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Economies of Scale * This is the cost advantage that a business obtains due to expansion. * That is the factor that cause the average cost of producing a product to fall‚ as output of the product rises as explained in the ‘Dictionary of Economics’. * By achieving economies of scale‚ a company would have the cost advantage over its existing and new rivals. * Further‚ the company could achieve lower long run average cost (i.e. productive efficiency). But if technology changes‚ this
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