Category: Marketing
As the recent A-share market approaches the point similar to last year end, the overall valuation of Shanghai Shenzhen 300 Constituent Stock keeps going downward. As the market closed on July 3rd, the P/E ratio of Shanghai Shenzhen 300 index lowered to 10.68x, which is close to the year low record of 10.43x on January 5th, 2012. Such a figure also neighbors Shanghai Shenzhen 300 Index’s 9.37x historic extreme.
Thomson Reuters data shows that by June 29th, the dynamic P/E ratios of Standard & Poor’ 500 Index, Deutscher Aktien Index, Hang Seng Index and Shanghai Composite Index are 12.54x, 9.22x, 9.62x and 9.29x. Analysts pointed out that in terms of international horizontal comparison; there are no huge differences between A-share valuation and mature markets in America, Germany and Hong Kong, etc.. In terms of horizontal comparison, the present A-share valuation is obviously lower than the 998 points on June 6th, 2005 and 1664 points on October 28th, 2008. This is an objective support for enhancing the valuation of Shanghai Shenzhen 300 Index.ex.
The performances of A-share keeps going downwards from 2010 to 2011 and the yearly price drop ranges are 14.31% and 21.68% respectively. After the earlier continuous and considerable decline, the general valuation of A-share market gradually draws together with mature markets.
Judging from the current circumstances, analysts think that though our economic growth slows down, there is little suspense that Chinese economy will grow faster than developed countries like America and Germany in years. Therefore the valuation of A-share market is increasingly attractive.
However, the structural disparity is still significant between A-share market and other markets though the overall valuation of A-share market is drawing close to international developed markets. Thomson Reuters reveals that the industries with highest dynamic P/E ratios are biotechnology (36x), investment (20x) and retail commodity (17x). And the lowest dynamic P/E ratios are seen in air transportation (7x), auto manufacturing (8x) and insurance (9x). In contrast, the industries with best P/E ratios are food and home appliances (22x), non-ferrous metal (22x) and health & medical (20x) and the lowest are banking (6x), railway transportation (9x) and automobile (9x).
Government Supports Private Capitals Move into the Culture Industry
After General Administration of Press and Publication enacted a policy to encourage private capital entering the culture industry, Ministry of Culture also published similar policies.
However, State Administration of Radio Film and Television has not published similar policies. Reporters from China Securities Journal have learned from insiders that reform in the radio, film and television will be slower than that in press and state owned art groups. The private capital has to wait to enter the radio, film and television at least in this year.
GAPP policies primarily focused on supporting private capital apply for national culture industry special funds. It maintains that private capital receive the same treatment with state capital in press park establishment and industry park construction. Ministry of Culture stated that private capital firms will receive equal treatment with state capital firms in terms of projects establishment, tax benefits and regulatory approvals. It also encourage private capital firms including financial institutes, brokerages and culture funds to enter the culture industry.
Cheng Shaofeng, deputy director of culture industry research institute of Beijing University said that, press industry and entertainment industry reforms started relatively early and as a result private capital has high degree of involvements. At present, policies enacted by two main regulatory agencies actually officially acknowledged private capital’s status in the industry and further laid out regulations for participants to follow.
Currently among the public listed companies in the domestic market, press firms have the largest share while radio, film and television firms are next to none. -Press and media industry reform was the fastest therefore privately owned press firm and advertisement firms are abundant with high degrees of market competition. Therefore, it is relatively easy for private capital enter such industries. On the other hand, radio, film and television industries reform has not yet completed yet with planned internet, cable and phone networks combination moving very slow. In addition, many existing firms within the industry still remain bureaucratic. And as a result, private capital still faces resistance to enter into this industry.- Chen stated.
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At Centennial College, students can complete business marketing training that gives them an opportunity to learn theory and also to apply that theory in a number of ways. This is beneficial as today’s employers hire employees who are as comfortable with marketing concepts such as analyzing consumer needs and developing products and services to meet those needs; anticipating competitors’ actions and reacting swiftly to shifts in the environment; developing pricing and communications strategies; as well as interacting with suppliers, customers and the public; as they are with applying them to real world situations. Positions for those who have completed the Business Administration – Marketing program include: sales representatives, direct marketing coordinators, sales and promotion coordinators, assistant product managers, marketing research analysts and customer relationship managers.
Three years in length, the program’s application process requires students to have completed an Ontario Secondary School Diploma (OSSD) or equivalent, or have mature student status (19 years or older); English Grade 12 C or U or equivalent, or skills assessment and Math Grade 11 C, M or U, or Grade 12 C or U or equivalent or skills assessment.
The offering first allows students to obtain a general overview of business and marketing by having them attend courses that are common among most Centennial Business programs. They then advance to Business Marketing-specific topics. Regardless of the topic, students benefit from the expertise of experienced faculty members in an interactive environment that sees them grasp concepts through case studies, guest lectures, presentations, projects, and computer simulations and technologies.
These are some of this program’s most beneficial courses:
Marketing Communications: This course differentiates between the agency and client sides of advertising. Students focus on the application of media reports and marketing research information to the development of objectives and strategies for marketing management, advertising, sales promotions, publicity, media and creative execution.
Marketing Research: Examined in this course is the criteria used in the decision to conduct marketing research and in the choice of marketing research options. The offering also looks at the relationship between marketing and marketing strategy.
Strategic Marketing Planning: Students of this course learn to assess customer value and loyalty, marketing performance and how the different marketing strategies contribute to the profitability and growth of organizations. In addition to blending theoretical and practical applications, students are also taught modern marketing and analytical models.
Professional Selling: To get students to develop successful sales presentation skills, emphasis in this course is on pre-selling activities, techniques and procedures to use during the sales interaction and post sales activity. Training in Professional Selling includes role-playing sales situations, readings and groups discussions.
Interactive Marketing: There are a few aspects to this course. Firstly, students learn the importance of creating a customer-centric approach to the marketplace, along with specific strategies for building long-term customer relationships. They then learn about direct marketing, which focuses on campaign management strategies especially the effective use of databases to find customers and directly market to them. Finally, in learning opportunities for digital marketing, students develop skills in the selection and implementation of strategies that exploit the potential of websites and mobile devices for engaging today’s consumers.
To graduate from Centennial College’s Business Marketing program, students must maintain a C grade average and an overall GPA of 2.0.
Marketing research is a systematic search, gathering and analyzing of the facts and data on how to meet consumer desires and needs. In other words it is a means of gaining information on marketing problem and opportunities. Marketing research also serves the purpose of keeping up with competitors’ market strategies. It is a systematic method of finding new concepts or ideas, getting feedback on proposed advertising or gaining insight into attitudes and opinions about a new product. Marketing Research is also helpful in variety of business decisions and to prepare a credible business plan such as capital planning, cash flow forecast, sales projections, pricing strategy, supplies and number of employees to be hired etc.
Steps in research process:
Marketing research process starts with defining the problem and formulating the research question. The process starts with addressing and determining the organization needs and where to look for the information. Next is to decide on research approach, which is most appropriate for research question and most suitable research method then comes the plan for process of conducting research, after the research is conducted the final step will be analyze and report the finding and recommendations.
1. Define the problem and determine and formulate the research question: If you are considering conducting Marketing research chances are you have already identified a problem or the research question. To be effective, a research study must be both well designed and narrowly focused, this will help you identify the key terms and concepts you should use when searching electronic databases and print research resources. If the research question is too broad too much information will be obtained and large amount of resulting data will be difficult to analyze and there for of little use to organization.
2. Decide on the sources of information and sample profile: Different sources of data are categorized as primary data that researcher collects and secondary data that already exists. Secondary data can further be classified as internal data which as the name signifies a company already has and external data which must be gathered from other sources. Researcher need to plan the sources well from which information can be obtained.
3. Consider your resource options and select the appropriate research approach:
Next step is to consider your resource options and choose a suitable research approach. The process of primary research starts with whether question calls for descriptive, exploratory or casual research and choice depends whether research question needs to be answered with quantifiable facts and how an organization plans to use the information helps in making an appropriate decision. If the organization wishes to prove a fact about the demographic composition of its customer then descriptive study would be appropriate, but if wishes to find out about falling sales then it will need to conduct exploratory research and casual research will determine the effect of proposed change.
4. Plan the research method: Depending upon how research would be conducted, available Research method will include surveys, focus group, interviews, and observation etc. For example for exploratory research the emphasis is not on sample size but choosing the correct participant and the analysis of information they provide.
5. Conducting the research and collecting the data: There are many methods of conducting the research. Mail surveys are quick and relatively inexpensive, they are ideal for seeking extensive feedback on customer satisfaction or other detailed surveys Telephone interviews allow you to rapidly obtain feedback from customers in a cost-effective. Focus groups are facilitated group discussions where customers and prospects explore a particular topic, usually under the guidance of a researcher. They are useful for gauging customer concerns or for getting their thoughts on potential changes. Personal interviews occur when a researcher interviews a customer one-on-one. This type of research is ideal for getting detailed information on customers attitudes or how they perceive products or services. Observing customers at various points of contact in your business provides unbiased feedback about a product or service.
6. Performing data analysis and report the finding and recommendations: When analyzing data, always start from review of your research goals, this will help you organize your data and focus your analysis.
Reporting and presentation, is one of the most important of the steps in marketing research. There are as many reporting styles as there are research reports. As for reporting the results, the level and scope of content depends on to whom the report is intended.
The end products of marketing research are conclusions and recommendations. Data is converted into information and conclusions are drawn, it is this final information which management needs to reduce the risks and uncertainties in management decision making.
Marketing research serves marketing management by providing information which is relevant to decision making. To be effective, marketing research has to be systematic, objective and analytical, and final conclusion of the research should meet the objective of the project.
Samsung is the world’s largest Consumer electronics South Korean company with over 4 Lakh employees globally which was established in 1938 by Lee byun chull in Samsung Town, Seoul. It comprises affiliated businesses and numerous subsidiaries. Samsung industrial subsidiaries include Samsung Electronics, Samsung Engineering, Samsung Heavoy Industries and Samsung C&T.
To get a job in Samsung industry, Samsung Conducts GSAT i.e. Global Samsung Aptitude Test and students who clear this exam are called for Interview. GSAT consists of 50 Aptitude Questions which is to be covered in 1 hr. or 60 minutes.
Global Samsung Aptitude Test (GSAT) GSAT Sample Paper with Solution
Here some GSAT sample questions with answers are given in the following section. Remaining are attached with the PDF of GSAT Sample Paper.
Some Important GSAT Sample Questions with their solutions:-
1. Out of the following which supports error checking and error correction in data link layer
a) 802.2 LLC b) 802.3 CSMA/CD c) 802.4 Token Bus d) 802.5 Token Ring
Ans: a
2. Which of the following is not CDMA technology
a) DS-FH (Discrete spectrum-freq hoping) b) DS_FT C )DS- d) TDMA-FS.
Ans: d
3. A and B are two stations 330km apart. A train starts from A at 8pm. and travels toward B at 60kmph. Another train starts from B at 9pm. And travels towards A at 75 kmph.at what time do they meet?
(a) 11am
(b) 12pm
(c) 11.30am
(d) 11.45am
Ans. a
4. Advantages of digital over analog signal:
a) noise immunity b) data security and integrity c) efficient transmission d) all of the above
Ans: d
5. If it costs x dollars for making certain item if quantity is 1000 and if quantity increase then the item is made using y dollars. If z number of items are made which are greater than 1000 then what is the total cost.
Ans: 1000(x-y) +yz
6. Problem on average ages given age of captain 25 and wicket keeper’s Age 3 years more than captain’s age. now the average of the remaining team is one less than the avg of whole team. what is the avg age of each.
Ans: 22
7. How many bits of IP address are required to make 8 subnets
a) 1 b) 2 c) 3 d) 4
Ans: 4 (as 000 and 111 0f 3 bits are not valid subnets so take 4 bits)
8. In 1.5 fixed format how is -1 represented
a)0xFFFF b)0xF000 c)08000 d)00001
Ans: a
9. what is the advantage of ADSL(asymmetric digital subscriber line) over modem?
Ans: It has normal uplink band width but higher down link bandwidth (something like that).
10. What will be the output?
#define Sqr(b) b*b; main( ) { int i=3; printf(-%d-,SQR(i+2); }
Ans: 11
To get more Solved Questions on GSAT must go through this article- GSAT Sample Questions Paper with Solution and PDF on blog.oureducation.in . I hope it’ll be helpful for you.
Did you know that over 260 million Americans carry mobile phones? That’s over 85% of the whole of the country’s population. Did you also know that there are 5+ billion active mobile phones in the world right now? This number is growing rapidly, and as we all know there are over 300,000 android phones selling per day right now. It has also been estimated that in 2012, 9 trillion messages will be sent and delivered globally.
Now here’s another nifty fact. Text messaging alone has a 7 to 8 times higher open rate than email. The open rate for text messages is a whopping 97% open rate, compared to email, which is only 20%. When you get a text message, what is the first thing that you’re going to do? Read it, right? But do you open all your email messages that come into your inbox, or do you delete a whole chunk thinking that it’s spam? The speed of which a text message is opened is also usually much faster than that of email, occurring in the first few minutes, as opposed to an email, which might take a few days to read, if opened at all.
How Businesses Win With Mobile Marketing
Keeping all of the above in mind, the timing is ripe for SME’s to start to take advantage of the multi-trillion dollar mobile market. Why? Because businesses can no longer effectively update customers through email marketing. Email inboxes of customers are getting spammed by all types of services, that customers no longer have the appetite to sift through their emails one by one. But, as we know (at least in the next few years), practically all new messages sent to mobiles are opened and read, and most are opened within the first few seconds too.
Method For Profit
Let’s take the example of a restaurant:
1) Restaurant signs up to a text messaging service, and obtains a short code for the service – this means that whenever a customer texts the short code to a specific number, they subscribe for text coupons.
The person who gets all the answers correctly is given prizes. Since prizes are involved the public tends to participate and are much more interested hence the company is able to reach out to them.
SMS marketing is another technique that is being actively employed by marketers. It is found that many small businesses in comparison to big businesses have benefited from employing this technique. In this technique short messages are sent to the public explaining about their company’s products. Marketers are trying to reach out to as many people as possible hence SMS marketing plays an important role in bringing up the sales.
The latest trend that is being observed in the business world is integration of social media and mobile marketing. Many marketers have found this technique to be extremely profitable and are working to enhance the features of this marketing technique to make it even more efficient. Usage of social websites for marketing has its own advantages such as free promotion of products and publicity for the company.
According to a news brief by the Direct Marketing Association (DMA), the next year will see a boom in mobile marketing as more businesses use advertising strategies that fully incorporate text messaging and other SMS techniques. Additionally, the majority of those businesses are already using mobile to increase their advertising budgets over the same twelve-month period.