Friday, February 21, 2020
Hazardous waste management Essay Example | Topics and Well Written Essays - 250 words - 1
Hazardous waste management - Essay Example This is in consideration that the firm will accumulate as much waste products as possible to be transported at reasonable intervals (Woodard 2001). We should also consider the cost of establishing new sites, expanding the existing site will be cheaper than starting new. This is because the firm will enjoy the economies of scale. Secondly, since the products are termed as hazardous and it will be unwise for each site to have its dumping site since this will lead to its distribution all over. I would propose that all waste products to be put together and then disposed into main landfill thus reducing the risk of people to get into contact (Woodard 2001). Bearing in mind that each site will have to pay taxes for waste products and more so the cost and damage to environment the best thing is to consolidate all waste products from that site Management is another factor to consider. Since we are running the same firm, for it to run in harmony we need to have one manager who will be held accountable for all waste product. Having all the waste consolidated from one site is more manageable than different
Wednesday, February 5, 2020
Marketing case study of Ferrero Company Example | Topics and Well Written Essays - 1500 words
Marketing of Ferrero Company - Case Study Example To successfully penetrate the market Ferrero maintains a limited unique number of products manufactured and marketed at the highest quality possible. The company also seeks to understand the market properly by carrying out extensive test marketing of its products to avoid embarrassing marketing failures (Australian Trade Commission, 2012). Question One Ferrero Australian opened an online boutique that sells premium chocolate gifts packed in unique keep sake gift boxes. The online boutique was actualized due to consistent demands for Ferrero chocolate gift packs by customers for their chocolate loving friends and family. The gifts are customized, elegantly packed and contain a card for personalized messages (Ferrero Boutique, 2012). Ferrero decision to open an online boutique was a well thought marketing strategy in line with the changing consumer habits in Australia. The internet has become an integral and essential feature of the day-to-day social and business lives of billions of p eople around the globe and the internet economy is growing strong each day (Bughin et al., 2011). Ferrero Australia decision enabled many of its customers to have their desired products with convenience and efficiency as the internet enables customers to save time spent on shopping for gifts. Online stores makes it possible for consumers to make quicker decisions and shop as consumers can find time to perform ten searches online but only two searches offline for each purchase, with internet searches saving more time than physical directories (Chen, Jeon & Kim 2010). This boosts productivity for consumers, suppliers and manufacturers and translates into more profits. Through its online boutique store Ferrero customers in Australia are able to choose their preferred gifts with ease and the website offers price transparency, which is essential in developing customer trust and loyalty. This is because the online boutique service offers customers a reliable and stable source of gifts all year round with more consistency, which is a crucial marketing strategy to maintain customers. Using the internet to sell its products also offers the company the opportunity to advertise its high quality products all over the world. Their website helps to raise product awareness to a much more diverse customer base that spurs its sales volume. Bearing in mind that 90% of online users utilize search engines and internet searches represents 10% of the time spent by individuals on the web (McKinsey & Company for IAB Europe, 2010), it is possible for the Ferrero Company to expressly market its products to customers who are interested in chocolates in the web. This means that the company investment on advertising will pay off and lead to sales growth purely by using internet tools as it is possible to match the needs of customers, individuals, and organizations on the web requiring specific products. With the use of internet based transactions growing, one can confidently say the Ferre ro Australia online boutique store will continue to pull in more revenue for the company as people social lives and businesses continue to be more centered on internet use at home and during work. In addition to supplying its products all over Australia, the
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