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You have a competitive advantage when your firm has an edge in attracting customers and in defending your market against rivals. To gain an advantage you must persuade buyers your service offers superior value compared to competitors. To be competitive at all, an organization must ensure that customers see the sufficient value and that they are
KTS is a saving and credit cooperative society (SACCO) operating in Kenya, where it is considered a large SACCO with an asset base of Kshs 2.4 billion and a large membership of above 13,000 members. It was registered in 1976 and started operations in 1978 with an initial membership of 11 who were all in one profession, but, over the years, there ha
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Peter Parker founded Gadget.com in Missouri of the United States in 2013 with a mission of supplying techno-savvy millennials with affordable consumer electronic gadgets. Like any other perishable consumer product, trendy electronic gadgets can become obsolete very quickly. So, if they are too expensive, consumers will be reluctant to purchase them
As consumers moved their purchases away from brick-and-mortar businesses, internet retail transactions increased in penetration attributed to the COVID-19 pandemic. By 2027, it is anticipated that Singapore's burgeoning e-commerce business would reach US$14 billion According to MarketLine, the value of Singapore's online retail market increased by
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Case 1: Bank Account Forecast A well-known commercial bank in Australia is interested in estimating the number of new bank accounts opened by customers each year. The number of new accounts opened in this bank has increased slowly over years even during the global financial crisis (2008–2009). Top management strongly believes that they need a
Trading philosophy: Give an overview of your philosophy to form the portfolio. You should identify yourself as a value or growth investor or a mixture of both. Provide brief definitions for value/growth investing. Portfolio construction: Present your initial portfolio, including information on why you have invested in the stocks in your
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Trading philosophy: Give an overview of your philosophy to form the portfolio. You should identify yourself as a value or growth investor or a mixture of both. Provide brief definitions for value/growth investing. Portfolio construction: Present your initial portfolio, including information on why you have invested in the stocks in your initial
1. Explain the concept of strategic HRM and understand the relationship between business strategy and HR strategy. 2. Demonstrate knowledge and understanding of the challenges and responsibilities associated with HR practices, including talent management, human resource planning, recruitment and selection, reward cta_question_2
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Assessment Task 3: Problem-solving Case Study (Individual Assessment 3 Case Study: Toll Group and the Second Step Program Drawn from: Burns, P. (2015) A neo-institutional study of firms that provide “reintegrative” employment opportunities to former prisoners in a liberal individualist society. Toll Group is a large, international transport a
Question 1 McDonald's, a big burger joint, is charging $5 for its very famous Big Mac hamburger and selling 20 million Big Macs a year in Australia. McDonald's increases the price of its Big Mac to $6 and still manages to sell the same quantity as the Big Mac. How much revenue will McDonald's gain? What can you infer about the price elasticity o
