PPT-New Market Space in Consumer Goods

Agenda Finding new market space Examples of new space in consumer goods Developing a process to claim new space Redefining market space do not focus on needs but on jobs consumer are trying get done. Samim . Unan. Aim- Article 1. In a view to public interest, . to protect the consumer in general. Health. Security. Compensation of losses sustained. Protection in respect of the environmental damages. Sales. . Directive. Fryderyk Zoll. Consumer . Sales. Article. 1. Scope. and . definitions. 1. The purpose of this Directive is the approximation of the laws, regulations and administrative. provisions of the Member States on certain aspects of the sale of consumer goods and. Competition and . Consumer Act 2010. Benefits of the Competition and Consumer Act 2010. It incorporates a nationally-agreed set of consumer protections, the Australian Consumer Law (ACL), meaning there’s now consistency in consumer protection strategies across all Australian states. . 05. McGraw-Hill/Irwin. Copyright © 2012 by The McGraw-Hill Companies, Inc. All rights reserved.. Market Failures. Market fails to produce the right amount of the product. Resources may be:. Over-allocated. Stage 5 Commerce. Students learn about:. D. ecisions . affecting the quality of our . lives. C. onsumer . Financial . Business . Employment. Legal . Environmental . Students learn to. :. I. nvestigate . Unit 1 – Chapter 2. The Consumer. A consumer is a person who buys goods or services for his/her own use, not for resale.. This transaction involves rights, responsibilities and remedies, which are set out in law.. Economic Terms. Economic products: goods and services that are relatively scarce, and transferable to others.. Good: A specific item that you buy. . Service: Work performed for someone. Consumer: a person who uses goods and services to satisfy wants and needs.. Microeconomics. Macroeconomics . What is Economics?. The study of how a society allocates their . “Scarce” . resources to satisfy society’s . “Unlimited”. wants.. Resource Allocation. Profit Maximizing (both Productive Efficient and Resource Allocation Efficient). What is Distribution?. Making the “. place. ” decision . or. . getting the product into the customers hands. Concept of Distribution:. In order for distribution to occur, marketers must decide on their . Principles of Business, Finance and Marketing. Satisfying Wants & Needs. Economic Choices. Economic Systems. Supply and Demand. Unit 1.01. Wants. Not necessary for survival, but add comfort and pleasure to our lives. PPA . 670. Policy Issue Analysis. Dr. Butz. Economic Freedom. Economic . freedom (from an economic efficiency standpoint) . refers to the degree to which private individuals are able to carry out voluntary exchange without government involvement. THE MARKET FOR "LEMONS": QUALITY UNCERTAINTY AND THE MARKET MECHANISM GEORGE A. AKERLOF (1970) In The Quarterly Journal of Economics Koshland Professor of Economics at the University of California, Berkeley Roll no.:-31. Date :-23 jan 2018. Submitted to :-. Dr.. . Daxa. ma’am. Overviwe . Introduction. Definition. Who is consumer?. History of consumer. The consumer protection act amended in 2002. The consumer protection act amended in 2010. Place & Consumer Community Post-Pandemic. Tonya Williams Bradford & John F. Sherry Jr. . How might flattening the COVID curve influence consumer use of place in the market?. Suggested Reading:.