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TACN3 (TIEP) - Coggle Diagram
TACN3 (TIEP)
lengthen the product’s lifecycle?
Find new taget market/expand market to continue selling the goods
Change packaging
Find new customer by innovating product
Change the way of advertising, add more functions
insurance premium depend on?
scope of cover,
packing, mode of conveyance,
nature of cargo,
distance and past claims experience
financial considerations in making a fdi
interest rates,
cash flow projection,
the expected return on an investment
the sources of working capital.
Why do people insure their good?
Who will be responsible for insuring the goods and for what part of their journey will be
written into the agreement made between seller and buyer.
Owners of the goods protect themselves against these risks by insuring their goods in transit.
Because the handling and transportation of goods always involves the risk of loss or damage.
which stage in the product lifecycle would manufacturers differentiate their products?
In the Maturity stage,
by attractive packaging,
competitive pricing, incentive offers or creative
advertising.
Reasons:
Sales growth slows and then stabilizes
Price wars and competition occur as the the market reaches saturation.
the best way of advertising?
The best form of advertising has always been word- of- mouth advertising: people telling
their friends about good products and services.
It is cheap, effective and trust-worthy.
Who can change the marketing mix? How?
Marketers can change the marketing mix
the product’s features, its distribution, the way it
is promoted, and its price – in order to increase sales.
spot and forward transactions.
Forwarding transaction means buying or selling a currency in the future with payment and
delivery at that future date.
Spot transaction is a transaction when currency is bought or sold today with delivery two business days later.
reasons behind a vertical merger?
To be closer to the customers, by cutting out the wholesaler for example and dealing
directly with the retail trade.
To guarantee the supply and cost of raw material and components.