The Government introduces a high rate of tax on petrol. This tax may have negative effects on many drivers. Should the Government repeal or relax the tax? Contents 1. Introduction……………………………………………………………………………………………………………….1 2. Findings………………………………………………………………………………………………………………………2 3. Conclusions…………………………………………………………………………………………………………………4 4. Recommendations………………………………………………………………………………………………………4 5. References…………………………………………………………………………………………………………………..5 Introduction
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since he was in his post retirement years. At the start‚ the business was doing convincingly well‚ this success was helped by the strategic area that petrol station been located. Nevertheless‚ the business was performing gradually bad and the profit was declining significantly. Jamel argued that this was due to the emergence of new competition; 2 new petrol stations were operated at the same location. An old colleague of Mat Jon‚ Robert Leung made an offer to acquire the business regardless of knowing
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that cover pricing. In each of the three theories‚ the outside market influences how goods are sold. Supply and demand: According to this theory‚ the supply of an item and its demand affect its price. An item that is in high demand will have a high price. An item that has a low demand will have a low price. Market structure is another economic pricing theory. This theory looks at how many outlets in a given area offer the same (or similar) products. Elasticity of demand measures how much someone will
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Price Price which means that the amount of payment for goods and services given in money term. Price also is the total values for consumers exchange for the benefit for their satisfaction by using or having the product or service. Price decisions must focus on product design‚ promotion costs‚ distribution and more mixed‚ forming a valid imploded marketing plan. In arrange the price of a product‚ marketers must use the pricing strategy. However‚ use the pricing strategy not only can fascinate more
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Price SK-II is known as the one of the most expensive skin care or beauty brands in Asia and the world. To keep up global brands status and able to compete better than competitors‚ SK-II has used product line pricing strategy. (UKESSAYS.com n.d.) Most of the normal type of SK-II products are pricing from RM80 until RM150‚ while the luxury type of SK-II products are pricing from RM150 until RM300. (UKESSAYS.com n.d.) Although SK-II products are mostly expensive‚ but it works well for the consumers
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the most talked about energy sources; solar and petrol. In the past several years‚ solar energy has been implemented in a wide variety of machineries; from calculators to automobiles‚ and it is considered as one of the most efficient source of power. Nevertheless‚ a number of people prefer petrol rather than solar for their source of fuel. What is the extent of the differences in those two inventions? Whereas petrol-powered cars are fueled by petrol‚
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increase the tax on petrol. Examine the relevance of price elasticity of demand for this proposal. When considering increase the tax on petrol‚ there are a few things to look at. First of all‚ the price elasticity of demand is a measure of responsiveness of the quantity of a good or service demanded to change in its price. Petrol is an inelastic product. This is because petrol is a needed in a daily basis. An increase in price of petrol will cause a small change (decrease) in petrol. Therefore it is
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Essay Breaking through the Glass Ceiling: Women in Management In the last decades‚ professional situation of women has improved. The opportunities of women to get better education have grown‚ and so has the level of women in professional and managerial jobs that historically had been held by men. In 2001‚ women stood for almost 40 per cent of the worldwide labor force; yet‚ they had and still have to be confronted with the persisting gender pay gap and‚ in what considered the employment of
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completely dependent upon it for transport seems quite unfathomable. Absurd‚ even. But petrol is just so very‚ very convenient. Here are six reasons why petrol is a difficult fuel to replace. 1. Oil is relatively abundant. Compared to other sources of energy that are easy to tap‚ oil is abundant. Oil extraction is artificially restricted to keep the price up (if there was too much in the market at any one time‚ the price would go down). As reserves seem harder to find‚ new technology develops way to access
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issues that stem from the “glass ceilings” that still exist today in Corporate America. The term “glass ceiling” refers to situations where the advancement of a qualified person within the hierarchy of an organization is stopped at a lower level because of some form of discrimination. The metaphor can be simply defined as “an invisible or transparent barrier that keeps an individual from rising above a certain level in corporations”. Although the idea of a glass ceiling is widespread‚ there has been
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