Peer Pressure has been very controversial topic over the years. Today‚ the media has transformed the issue into a topic that is discussed every day. Many people are sometimes misinformed about topics because the media twist facts enough to make anyone believe what they tell them. The media has gotten the public to believe that peer pressure is all bad and only certain people deal with it‚ but peer pressure can be used positively or negatively depending on the situation. Peer pressure is when a person
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DISTRIBUTION DEFINITION A distribution channel is a set of independent organizations involved in the process of making a product or service available to the consumer or a business user. IMPORTANCE OF DISTRIBUTION CHANNELS The main function of a distribution channel is to provide a link between production and consumption. Organisations that form any particular distribution channel perform many key functions: Information Gathering and distributing market research and intelligence - important
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Channels of Distribution Lesson 20 Channels of Distribution Are you aware that the study material of Business Studies‚ which is now in your hands‚ is prepared at the headquarters of the National Institute of Open Schooling (NIOS) situated at New Delhi. How did it come to your hands? Was it available at your study centre or you bought it from the market? If you got it from your study centre‚ then just think for a while: how did it reach your study centre? Actually‚ after publishing the
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Assignment Q1Find the parameters of binomial distribution when mean=4 and variance=3. Q2. The output of a production process is 10% defective. What is the probability of selecting exactly two defectives in a sample of 5? Q3. It is observed that 80% of television viewers watch “Boogie-Woogie” Programme. What is the probability that at least 80% of the viewers in a random sample of five watch this Programme? Q4. The normal rate of infection of a certain disease in animals is known to
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The process of making goods available to the consumer needs effective channel of distribution. Therefore‚ the path taken by the goods in its movement is termed as channel of distribution. The goods may be sent to the consumer directly or indirectly through middlemen. The channel of distribution may be classified as: Selling through direct channels This is the oldest‚ shorter and the simple channel of distribution. The producer sells the product directly without involvement of any middle man.
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CHANNELS OF DISTRIBUTION Even before a product is ready for market‚ management should determine what methods and routes will be used to get there. This means establishing strategies for the product distribution channels and physical distribution. Managing a distribution channel often begins with a producer; therefore we will discuss channels largely from a producer’s vantage point. MIDDLEMEN AND DISTRIBUTION CHANNELS Ownership of a product has to be transferred somehow from the individual or organization
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supply chain evolution is characterized by both increasing value added and cost reductions through integration. A supply chain can be classified as a stage 1‚ 2 or 3 network. In a stage 1–type supply chain‚ systems such as production‚ storage‚ distribution‚ and material control are not linked and are independent of each other. In a stage 2 supply chain‚ these are integrated under one plan and is ERP enabled. A stage 3 supply chain is one that achieves vertical integration with upstream suppliers
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Tourism distribution channel is a system of intermediaries or middleman that facilitates the sale and delivery of tourism services from suppliers to consumers (Buhalis and Law‚ 2001). Distribution channels can serve as part of the marketing mix that can makes the products available to consumers as the link between suppliers of tourism products and their end consumers‚ as well as the bridge between supply and demand (Kracht and Wang‚ 2010). This shows that‚ important to have a good distribution channel
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I found the concept on frequency distribution using Google and the search words “frequency distribution” at http://www.mathsisfun.com/data/frequency-distribution.html This website is geared towards younger people and therefore breaks down frequency distribution into very basic terms: values and their frequency (how often each value occurs). The website uses the example of a child’s soccer team and how many goals they scored in recent games. For the assignment this week‚ I have chosen to use the
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DISTRIBUTION MANAGEMENT CH1: MARKETING CHANNEL CONCEPTS Growing Importance of Marketing Channels: 1. Explosion of IT and E-commerce 2. Harder to gain sustainable competitive advantage through other P’s 3. Growing power of distributors (esp. retailers who act as gatekeepers of consumer markets – agents of consumers not producers) 4. Need to reduce distribution costs MC Definition: The external contactual organisation that management operates to achieve its distribution
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