Business Studeis Market Analysis

In doing so Samsung would build a customer base, and if sales were to increase more intensive research could be carried out as to ascertain more ideas from customers for future products. Furthermore it is essential that Samsung meet their customer’s demands, this is so that the company can become more efficient, by doing so, waste can be eradicated and inadequacy also. Therefore costs can be lowered within Samsung, increasing the amount of profit that can be made, with the eradication of waste this also lowers marketing costs, as the amount of products needed to be marketed is lowered. Here it is therefore evident market analysis is essential as this allows Samsung to save money, optimising their profit margins. The success of the company in the case of meeting customer needs and becoming more efficient, relies mainly on that of market analysis which contributes to objectives in these areas being met. In addition, on the other hand market analysis is not always essential when achieving market objectives, this is clear as, in the case of Samsung their market and competitors are rapidly changing frequently, so therefore market analysis would be pointless and time would be wasted, time = money, thus meaning money would be lost on research which wouldn’t be useful in the long term for Samsung but merely the short term. This would therefore make it hard for Samsung to achieve its objectives. Samsung’s market is constantly changing and the demand for new products is constant. Not only is the market rapidly changing but competitors also – as stated, for example Samsung’s competitors mimic and undercut Samsung’s promotional offers and match their prices, thus meaning market analysis would not be the best option for them in achieving objectives, this would not allow Samsung to gain the best possible competitive advantage over competitors, but simply aid competitors in gaining the competitive advantage over themselves, the best way for Samsung to complete a market objective associated with profit would be to copy the actions of competitors and also use penetrative pricing to undercut them. Another reason why market analysis may not necessarily be the most effective way in achieving marketing objectives is that when retrieving research the retrieval of secondary research proves to be costly, although cheap it is often useless, and out of date, and in the case of Samsung’s rapidly changing market then the use of secondary data would certainly not be an option for consideration, this therefore results in Samsung basing their research solely on Primary research via that of customer feedback or questionnaires, which is the most costly of the two, however proves most effective when put into action and contributing to marketing objectives. In conclusion, in the short term I believe it is best for Samsung to use market analysis to its full potential to gain the competitive advantage needed, although costly it may pay off in the long run, however in the long run I believe that it will become costly though, as market research would need to be carried out on frequent occas ions in this case of Samsung and therefore would prove too costly for the company, and this money spent could be used elsewhere perhaps on the production of more products. Business Studeis Market Analysis In doing so Samsung would build a customer base, and if sales were to increase more intensive research could be carried out as to ascertain more ideas from customers for future products. Furthermore it is essential that Samsung meet their customer’s demands, this is so that the company can become more efficient, by doing so, waste can be eradicated and inadequacy also. Therefore costs can be lowered within Samsung, increasing the amount of profit that can be made, with the eradication of waste this also lowers marketing costs, as the amount of products needed to be marketed is lowered. Here it is therefore evident market analysis is essential as this allows Samsung to save money, optimising their profit margins. The success of the company in the case of meeting customer needs and becoming more efficient, relies mainly on that of market analysis which contributes to objectives in these areas being met. In addition, on the other hand market analysis is not always essential when achieving market objectives, this is clear as, in the case of Samsung their market and competitors are rapidly changing frequently, so therefore market analysis would be pointless and time would be wasted, time = money, thus meaning money would be lost on research which wouldn’t be useful in the long term for Samsung but merely the short term. This would therefore make it hard for Samsung to achieve its objectives. Samsung’s market is constantly changing and the demand for new products is constant. Not only is the market rapidly changing but competitors also – as stated, for example Samsung’s competitors mimic and undercut Samsung’s promotional offers and match their prices, thus meaning market analysis would not be the best option for them in achieving objectives, this would not allow Samsung to gain the best possible competitive advantage over competitors, but simply aid competitors in gaining the competitive advantage over themselves, the best way for Samsung to complete a market objective associated with profit would be to copy the actions of competitors and also use penetrative pricing to undercut them. Another reason why market analysis may not necessarily be the most effective way in achieving marketing objectives is that when retrieving research the retrieval of secondary research proves to be costly, although cheap it is often useless, and out of date, and in the case of Samsung’s rapidly changing market then the use of secondary data would certainly not be an option for consideration, this therefore results in Samsung basing their research solely on Primary research via that of customer feedback or questionnaires, which is the most costly of the two, however proves most effective when put into action and contributing to marketing objectives. In conclusion, in the short term I believe it is best for Samsung to use market analysis to its full potential to gain the competitive advantage needed, although costly it may pay off in the long run, however in the long run I believe that it will become costly though, as market research would need to be carried out on frequent occas ions in this case of Samsung and therefore would prove too costly for the company, and this money spent could be used elsewhere perhaps on the production of more products.

Students With Disabilities Are Not Meeting the State Mandated Essay

Students With Disabilities Are Not Meeting the State Mandated Requirements. The Disability Achievement Gap - Essay Example States should ensure that the school systems have in place reasonable accommodation that addresses the needs of children with disabilities. Evidently, children with disabilities require support provided by the entire school system if they are to benefit from education. In addition, individualization of the support cannot be underestimated because it is required to ensure maximized learning. In the United States, the No Child left Behind Act of 2001 was passed in an effort to ensure that all children including those with disabilities have access to quality education. Each state and county  are  required to develop education policies that conform to the act. However, there is evidence that these efforts have not filled in the disability achievement gap. This paper will discuss how students with disabilities are still left behind in the education sector. The No Child left Behind Act of 2001 was developed to address barriers that had been identified that served to prevent children with disabilities from accessing education opportunities. Before the act was passed, many states did not have any specific policies regarding the education of children with disabilities (Colker, 2013). Although some states had some policies, they proved to be outdated and ineffective to address the existing barriers of educating children with disabilities. Many of the school systems did not provide any support services for children with disabilities. There was a social stigma associated with disability, which affected the learning process for children with disabilities. Since disability and poverty are interlinked, many children with disabilities, and from poor backgrounds were the worst affected by the barriers to education. Notably, school budgets did not allow the schools to invest in facilities that could offer children with disabilities the relevant su pport in the education system (Shriner & Ganguly, 2007). Worst still,

Assess Benjamin Franklin's contributions to science Research Paper

Assess Benjamin Franklin's contributions to science - Research Paper Example Science is one of the most important fields for development. The world before the 18th century has been described as a primitive world, where people depended on manual ways of during things. The contribution of science was not given the attention it deserved. It was until the 18th century that science became an important field of study for the development of Europe and America. This began with Isaac Newton’s discovery of the law of gravity and light. Newton’s discoveries inspired other scientists, including Edward Jenner and Joseph Priestley who later made important scientific discoveries in medicine and chemistry respectively (Fisher 12). In fact, 18th century comes out as the century that several discoveries were made, including steam engine, cotton gin, mercury thermometer, gas lighting, and hot-air balloon just to name but a few. Benjamin Franklin is among the great American scientists of the 18th century whose contributions in science have been of great importance to the world, several years after his death. Life Benjamin Franklin was born on January 17, 1706 Boston, Massachusetts to a poor family comprising of his father, Josiah who happened to be a candle maker and Abiah, his mother. He was the fifteenth child in their family. Franklin was not lucky to have a formal education. He only managed to attend school for two years before being sent home for lack of school fees (Murre 15). However, since his family was too poor to afford the school fees required, Franklin abandoned school and resorted to helping his poor father in candle making. Nonetheless, since he had interest in having good education, he taught himself how to read and write, as well as how to experiment. Since his family could not afford enough money to feed the entire family, Franklin began working as a printer in Boston to boost his family income. Even though he was working as a printer, he still had a lot of interest in education. As such, he kept reading books and periodicals at night after leaving work (Canada par. 3). The more he continued practicing reading and writing, the more he developed good grammar and style of writing. However, when he was about 17 years of age, Franklin resigned from the print shop where he had been working as a printer. This is after he had gained a wealth of experience in typesetting skills. He then left Boston for Philadelphia, where he arrived very hungry and tired (Murre 18). It did not take him long before getting a new job in Samuel Keimer’s printing shop. Here, he demonstrated great skills, which earned him good salary. At age 22, in 1978, he started his print shop in partnership with Meredith. Few years later at the age of 24 year, Franklin met Deborah, whom he fell in love with, married, and were blessed with two children named Sarah and Francis Folger. His printing business became a great success, transforming him from a poor boy to a wealthy businessperson. In fact, his success in printing business made him become the