Download or read book Demand and Supply Theory Predicts Computer Industry written by Johnny Ch Lok and published by . This book was released on 2020-02-23 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt: How applying demand and supply theory to explain computer industry consumer behaviorIn future computer industry, China laptop and desktop computer consumers will be global computer market main leader. I believe the reason is not because China has high population, it is due to Chinese students or working people or employers begin to feel laptop or desktop computers will help them to solve any learning or working aspect challenges in their daily live. The economic problem is computer material production number is decreasing, but global computer buyers number is also increasing. So, it will bring computer shortage to Chinese, it may due to Chinese population number is increasing and their computer needs are also increasing. But, global laptop and desktop manufacture supply number can not achieve enough number to satisfy Chinese computer buyers' needs. - sometimes called the basic or central economic problem - asserts that an economy's finite computer material production resource resources are insufficient to satisfy all different countries computer buyers wants and needs. Economics involves the study of how to allocate computer material production resources in conditions of scarcity to satisfy global computer laptop or desktop buyers' needs, such as office workers or students buyers. However, viewing economics as the study of how society allocates computer material production resources can lead to conflation of normative economic planning and empirical study of how economic agents operate in these global desktop or laptop buyers' need conditions.In mainstream neoclassical economics, it is assumed that humans pursue their self-interest, such as global laptop or desktop computer users often need to raise old style of computer functions to satisfy their unlimited computer function needs and that the market mechanism best satisfies the various wants different individuals might have. These wants are often divided into individual wants (which depend on the individual's preferences and purchasing power parity) and collective wants (which are the wants of entire groups of people, such as students or working people laptop or desktop users). Things such as food and clothing can be classified as either wants or needs, depending on what type and how often a good is requested. However, food and clothing is cheap and they may be essential products. So, consumers won't reduce their purchase number easily, if their prices are increased. Otherwise, computer consumers will be influenced their making decision to buy any kinds of computer easily, if the brand of computer increases its laptop or desktop price much suddenly. Such as China laptop or desktop consumers behavior, whether they will be influenced to change decision to buy the brand of computer if it's price is increased much suddenly. It depend on whether the China computer buyer feel good or bad quality and function to the brand computer. If he feels that the brand of computer quality and function is the best among other brands of computer. Then, the Chinese won't be influenced to choose to buy the brand of computer easily. Moreover, if the computer shop tells the China laptop or desktop buyer, he won't buy the brand of computer tomorrow easily because it has no any stock in the week. Then, the China computer buyer will still choose to buy this brand computer, even it increases price. So, in computer case, it does not represent the brand of computer can not sold easily if it increased its price, it depends on whether the buyer's good or bad or confidence feeling to it.
Download or read book Demand and Supply Theory Predicts Future Computer Industry Development written by Johnny Ch LOK and published by . This book was released on 2020-02-25 with total page 101 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nowadays, in general computer has three kinds to provide to global consumers to choose to buy , such as laptop, notebook computers, desktops. it seems that laptop and notebook computers and desktops will have different factors to influence any consumers to choose to buy any brand of computer products. Thus, computer indsutry can divide three consumer groups, such as ( stayers, satisfied switchers and dissatisfied switchers) of a computer company with respect to the factors influencing consumers' laptops or notebook computers or desktops purchases. However, I feel the factors can include such as core technicl features, post purchase services, prices and payment conditions, peripheral specification, physical appearance, value added features and connectivity and mobility seven main factors that are influencing consumers' laptop or notebook computer or desktop purchases in global computer industry market.Ganesh et al., (2000) indicates the customer base of a company consists of three groups of consumers: stayers, satisfied switchers and dissatisfied switchers. Therefore, the consumers in this study replied to the question about whether the current brand that who were using was their first laptop brand or whether who had switched from a previous laptop brand. As a following question, consumers who had switched were asked to state the reason of why who switched from a previous laptop brand brand to their current brand. The options include overall dissatisfaction from the previous laptop brand and reasons other than dissatisfaction. Thus, computer companies need to know what factors influence either whose prior computer customers why who don't choose repeat to buy its any computer products or whose new potential computer customers why who don't choose to buy its any computer products in the first time choice. Thus, future computer manufacturers need to consider intangible salespeople service attitude or performance, such as salespeople current purchase and post purchase service, e.g. technical repair, model function explanation how to use the computer, instead of tangible product performance, e.g. computer appearance design , function , mobility and internet and document download speed connectivity function. Because salespeople and technicians' service performance can be represented to the computer image. If they can provide excellent service to let computer buyers to feel satisfactory, then they can help their computer company employer to build good image. So, staff service performance will be one important factor to influence computer consumers to make the final decision to choose to buy the brand of computer products more easily. Even, one famous brand computer company, such as IBM, Apple, Gateway, these any one of famous brand computer company must not attract any new ( the first time) or repeat computer buyers to choose to buy their any kind of computer products , such as laptop, desktop or notebook more easily due to their famous brand. Althoug, these famous computer companies had built good image to let consumers have more confidence to buy any kind of their computer products. But, if these famous computer companies' salepeople or repair technicians can not provide excellent customer service or performance to satisfy their computer buyers' service need, e.g. explaining how to use the new computer, repair post purchase service etc. I believe these famous brands of computer consumers will not have more desire to prefer to chose to buy any one of these famous computer brand's products.
Download or read book Demand and Supply Theory Predicts Roboitc Needs in Future Society written by Johnny Ch LOK and published by . This book was released on 2020-01-30 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: How can (AI) technology influence environmental protection to make benefits to farming economic growth? (AI) technology can be applied to predict how to solve environmental pollution challenge to avoid to damage any crop or vegetable or rice or fruit etc. food growth. Because environmental experts can gather global environmental pollution data from an environmental database to build a perform a systematic analysis from (AI) technology. The first step is this broad analysis can include understanding, statistical and data gathering techniques to obtain the relevant data, the correlation among the variables involved, and a list of possible models. The next step is to select a set of methods and models that cover all kinds of knowledge and functionalities needed for the decision making process. Once the models are selected, they must be fully implemented by means of machine learning , data mining, statistical or numerical technique. After that, those models must be integrated to build the whole EDSS. The EDSS must be tested to check its performance, accuracy, usefulness and reliability, both from the user's and (AI) technology/computer scientist's point of view. If these is any wrong feature in any development stage, such as model's integration, models' implementation, selection of models, database, problem analysis etc. the developers must come back in the update th required components. When the evaluation phase is all right, the EDSS is ready to be applied to the environment. The great contribution of artificial intelligence to EDSS the integration of several methods complementing the classical statistical models/simulation , statistical analysis, linear models, etc. and numerical models ( control algorithms, optimization techniques etc.) . This cooperation makes the resulting systems more reliable and powerful in coping with real world environment systems. Date interpretation has been a principal area of research in (AI) technology since the very beginning. The most demanding problem in the environmental assessment context. Knowledge representation permits the definition of the different types of data that the existing methods adapt to the process. There is also a lot of work to clean, repair and transform the huge available quantities of raw data. Apart from this, the availability of meta-information or background knowledge is required to guide the process. Data mining is multi-disciplinary: It covers expert systems, data based technology, statistics, data visualization and unsupervised machine learning. These techniques operate at the level of data and background information, where numerous and often incompatible new commensurate pieces of information from disparate sources have to be brought together ( K, Fedra, 1994). So, it seems that in the future, (AI) technology with the increasing maturity in particular those related to knowledge and engineering, new dimensions can be assisted to users in environmental decision making are available. For example, many environmental systems are characterized both by incomplete models and by limited data. Hence, in the future, (AI) technology will be applied to predict climate change to reduce crop or fruit etc. food agriculture challenge by climate change bad influence. ⦁Will (AI) technology influence taxi transport service needs ?To understand how the manufacturing business must adapt to prosper in the technology, we need to understand how (AI) technology will change us to shape our daily habits to satisfy our expectation of products to how we shop and even the immediate of the entire process. For example, taxi services are in the crosshairs as on demand transportation services like, available of the touch of a smart phone button expand. In fact, Yellow lab, US country , san Francisco city's largest taxi company is filing for bankruptcy as the industry starts to change faster than almost anyone expected.
Download or read book Demand and Supply Theory Predicts Consumer Behaviors written by Johnny Ch Lok and published by . This book was released on 2020-01-17 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using an appropriate framework of behavioral economic method analysis, briefly summarize the effects of change in the marketing environment on sales of ready meals. In behavioral economy analysis, consumers prefer to buy ready meals to supermarket acceptance factor which will influence Walt Mark wholesale business success. Because consumers' eating habits had been changing. Many housewives don't like to cook at home generally. They like to go to supermarkets to buy ready cooked meals to eat, who feel it is more economic behavioral consumption model when they often buy ready cooked meals in order to reducing cooking time and food expenditure more than who buy uncooked meal to cook at home from food stores.Although, previously dismissed and a poor substitute for real cooking and ready meal sales have grown rapidly in recent years in many western developed countries, such as UK, France or Germany. But, Ready meal manufacturers ready to respond to a changing marketing environment. Due to one big change in recent year has been growing demand for ready prepared meals bought from a supermarket. An analysis of the reasons for the growth in the ready prepared meals markets indicates the effects of boards factors in the marketing environment on the size of a particular market. In fact, this food market is changing to drive the growth in the ready meals market, but there are differences in the food market potential between countries. The effect of change in the marketing environment on sales of ready meals, such as technology has played a big role in the growing take up of ready meals and new technologies have allowed companies to develop ready meals which preserve taste and texture, which still making them easy to use by the consumer. Furthermore, great advances in distribution management, in particular the use of information technology to control inventories, has allowed fresh, chilled ready meals to be effectively and efficiently distributed without the need for freezing or added preservatives. Ready meals particularly appeal to single householders, which individual family members tend to eat at different times, so family meals together remains stronger in many continental European countries than in the UK individual ready meals. Young people have lost the ability to cook creatively, as cookery has been reduced in importance in the school, so young clients group will rise to buy ready meals from supermarket. Marketing can be seen as a system that must respond to environmental change. A food market can be defined as a meeting place for stakeholder ( consumers) and sellers. Food market can be set up in a supermarket or restaurants. A food market consists of the individual's target taste, such as older group, family group, young group or business clients who are actual or potential caters of a restaurant meals or supermarket package of foods. Grocery stores ( supermarkets) have an influence of meals ( fast cooked food) outlets in low income urban areas, which has contributed to the income in access to healthy foods. An organization's marketing environment means the individuals, organizations, and forces external to the marketing management's ability to develop and maintain successful exchanges with its customers. The marketing environment to ready meal manufacturers had three levels.Firstly, it includes the micro environment, it describes those elements that impinge directly on the ready meal manufacturers themselves, so the micro environment of ready meal manufacturers which include business clients who have direct contact, such as restaurants, supermarkets and individual clients who have direct contact. Otherwise, supermarket shoppers, restaurant clients and food supply competitors who have no direct contract to ready meal manufacturers, so who won't include in food market micro environment to ready meal manufacturers.
Download or read book Economics written by Richard G. Lipsey and published by New York : Harper & Row. This book was released on 1982 with total page 1110 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book New Efficiency Theory written by Jati Sengupta and published by Springer Science & Business Media. This book was released on 2012-11-10 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: New efficiency theory refers to the various parametric and semi-parametric methods of estimating production and cost frontiers, which include data envelopment analysis (DEA) with its diverse applications in management science and operations research. This monograph develops and generalizes the new efficiency theory by highlighting the interface between economic theory and operations research. Some of the outstanding features of this monograph are: (1) integrating the theory of firm efficiency and industry equilibrium, (2) emphasizing growth efficiency in a dynamic setting, (3) incorporating uncertainty of market demand and prices, and (4) the implications of group efficiency by sharing investments. Applications discuss in some detail the growth and decline of the US computer industry, and the relative performance of mutual fund portfolios.
Download or read book Demographic Trends and the Scientific and Engineering Work Force written by and published by . This book was released on 1987 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Economics Today written by Miller and published by Addison-Wesley. This book was released on 1997 with total page 614 pages. Available in PDF, EPUB and Kindle. Book excerpt: Twenty-three chapters provide introductory material and discuss the dimensions of microeconomics; market structure, resource allocation, and regulation; productive factors, poverty, the environment, and interest groups; and global and cyber economics. The included CD-ROM is a software tutorial that helps the student to visualize data with shifting curves and dynamic graphical output, explore relationships between theory and real-world applications, and prepare for exams with customizable quizzes. This edition does not contain parts two through five. Annotation copyrighted by Book News, Inc., Portland, OR
Download or read book The Handbook of Pluralist Economics Education written by Jack Reardon and published by Routledge. This book was released on 2009-09-10 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: With contributions from a wide array of economists from Julie Nelson to Phil O'Hara, the book presents the pluralist economics state of play and is an essential reference tool for those charged with bringing the next generations of economists to the forefront.
Download or read book The Chemical Process Industries Infrastructure written by James Riley Couper and published by CRC Press. This book was released on 2000-11-08 with total page 674 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Covers global and domestic competition, marketing strategies, operating expenses, and environmental and safety regulations for chemical professionals at all levels. Contains up-to-date mergers and acquisitions of chemical companies."
Download or read book Building a Workforce for the Information Economy written by National Research Council and published by National Academies Press. This book was released on 2001-03-19 with total page 399 pages. Available in PDF, EPUB and Kindle. Book excerpt: A look at any newspaper's employment section suggests that competition for qualified workers in information technology (IT) is intense. Yet even experts disagree on not only the actual supply versus demand for IT workers but also on whether the nation should take any action on this economically important issue. Building a Workforce for the Information Economy offers an in-depth look at IT. workers-where they work and what they do-and the policy issues they inspire. It also illuminates numerous areas that have been questioned in political debates: Where do people in IT jobs come from, and what kind of education and training matter most for them? Are employers' and workers' experiences similar or different in various parts of the country? How do citizens of other countries factor into the U.S. IT workforce? What do we know about IT career paths, and what does that imply for IT workers as they age? And can we measure what matters? The committee identifies characteristics that differentiate IT work from other categories of high-tech work, including an informative contrast with biotechnology. The book also looks at the capacity of the U.S. educational system and of employer training programs to produce qualified workers.
Download or read book Compensation Management written by Deb and published by Excel Books India. This book was released on 2009 with total page 444 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Empirical Research within Resource Based Theory written by Katja Nothnagel and published by Springer Science & Business Media. This book was released on 2008-07-31 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt: Katja Nothnagel evaluates the growing body of empirical research in resource-based theory. She starts out by deriving six central propositions and then examines how these propositions have been tested empirically. The results suggest that substantial progress has been made within the empirical part of RBT
Download or read book InfoWorld written by and published by . This book was released on 1986-12-08 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: InfoWorld is targeted to Senior IT professionals. Content is segmented into Channels and Topic Centers. InfoWorld also celebrates people, companies, and projects.
Download or read book Debunking Economics written by Professor Steve Keen and published by Zed Books Ltd.. This book was released on 2011-09-22 with total page 543 pages. Available in PDF, EPUB and Kindle. Book excerpt: Debunking Economics exposes what many non-economists may have suspected and a minority of economists have long known: that economic theory is not only unpalatable, but also plain wrong. When the original Debunking was published back in 2001, the market economy seemed invincible, and conventional 'neoclassical' economic theory basked in the limelight. Steve Keen argued that economists deserved none of the credit for the economy's performance, and that 'the false confidence it has engendered in the stability of the market economy has encouraged policy-makers to dismantle some of the institutions which initially evolved to try to keep its instability within limits'. That instability exploded with the devastating financial crisis of 2007, and now haunts the global economy with the prospect of another Depression. In this radically updated and greatly expanded new edition, Keen builds on his scathing critique of conventional economic theory whilst explaining what mainstream economists cannot: why the crisis occurred, why it is proving to be intractable, and what needs to be done to end it. Essential for anyone who has ever doubted the advice or reasoning of economists, Debunking Economics provides a signpost to a better future.
Download or read book Economics Today written by Lial and published by Don Mills, Ont. : Addison-Wesley. This book was released on 1999 with total page 572 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Routledge International Handbook of Globalization Studies written by Bryan S. Turner and published by Routledge. This book was released on 2013-01-11 with total page 730 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Routledge International Handbook of Globalization Studies offers students clear and informed chapters on the history of globalization and key theories that have considered the causes and consequences of the globalization process. There are substantive sections looking at demographic, economic, technological, social and cultural changes in globalization. The handbook examines many negative aspects – new wars, slavery, illegal migration, pollution and inequality – but concludes with an examination of responses to these problems through human rights organizations, international labour law and the growth of cosmopolitanism. There is a strong emphasis on interdisciplinary approaches with essays covering sociology, demography, economics, politics, anthropology and history. The Handbook, written in a clear and direct style, will appeal to a wide audience. The extensive references and sources will direct students to areas of further study.
