Tuesday, January 28, 2020

Consumer Buying Behavior - Marketing to teenagers Essay Example for Free

Consumer Buying Behavior Marketing to teenagers Essay Topic: Consumer Buying Behavior Marketing to teenagers Article Summary: This article states that although only two percent of teenagers are smokers; fifty percent of tobacco companies marketing monies go to targeting teenagers. The author feels that the big tobacco companies target teenagers to help make up for those who ultimately die from tobacco related illnesses or realize on later in life that they need to stop smoking. It goes on to say that for every one person who dies from tobacco-related causes, two new smokers under the age of twenty-six start the habit. Although the Joe Camel cartoon advertising has since been removed, when that particular character was created the sales of Camel increased thirty-four percent in kids showing that campaign had an impact on who they were targeting and who began to purchase their product. The author goes on to say how impressionable teenagers and children are, as opposed to adults, and how stopping the tobacco use is not easy to do. Once someone starts it is a hard habit to break. Many of those who start smoking at an early age become addicted to the product before they are even of legal age to purchase the product. Even the warnings on the boxes are not enough to keep the young consumers from purchasing the product. Class Application: Cigarette companies need to market to the proper consumer market. A consumer market is purchasers and household members who intend to consume or benefit from the purchased product. By Camel advertising in  magazines, using â€Å"fun† cartoon characters, and also making tobacco use look cool, they are not targeting the proper market. Being sure to market cigarettes to those who are legally allowed to use the product is a must. They can still use a differentiated targeting strategy and market to those in different demographics, but they need to be sure to leave out those who are not legal to use the product. Cigarette companies should be using demographic segmentation variables to come up with ad campaigns geared towards the proper segments. With cigarettes, the companies have to focus on age since there is a legal age for smoking. Also, since cigarettes have been proven to be unhealthy and cause of cancer, among other things, they are not something that sho uld be advertised to children or teenagers; no matter what.

Monday, January 20, 2020

One Small Pill for Womankind: One Big Dose for the U.S. Essay -- Healt

Gregory Goodwin Pincus created the birth control pill stimulating a new tidal wave of women's rights movements. From one small pill, new channels that had been dammed down to a trickle became a mighty flood again. With the ability to prevent pregnancy without risking a dangerous abortion women found the strength to fight against male-dominated areas that were still left untouched from the first series of movements by their predecessors. From how long they stayed in the workforce to the freedom of their sexuality to changing laws and stepping up for their rights, women came alive again with renewed ferocity. Women and the workforce met in few places, for only brief time and very rarely in the general public eye. If seen in the public eye they were with their male counterpart, their husbands or fathers. In the 1960s because it was legal and acceptable within society, companies openly discriminated against women based on their sex. â€Å"In 1961 there were 454 federal civil-service-job categories for college graduates, and more than 200 of them were restricted to male candidates† (Collin 7). Women were not doctors, if they were so inclined even after counseling they were advised and directed to towards taking a position as pediatrician. They were not lawyers and even those that were legally lawyers infrequently practiced because of the extreme lack of hiring firms, instead they would become clerks and secretaries. Their jobs only consisted of labor, only if a farmer's wife or daughter (Collin 6) or when the country was at war and all the men were unavailable and not wanting for the position. â€Å"There was, for all practical purposes, a national consensus that women could not be airplane pilots, firefights, television news anchors, c... ...950s† (17). Women, especially single women, found uncharted freedom of being able to find pleasure in their sexual activity that twenty, even five years ago would have been thought of as absurd and unlikely (MacLean 17). In 1966, the National Organization for Women (NOW) a civil rights group for women formed (MacLean 14) started with just one thousand members but its size grew to an incredible four hundred thousand by 1974 (MacLean 16). NOW originally was mainly focused on equal opportunity for women in the workplace but they also fought for â€Å"maternity leave and child care; equal education; a woman's rights to control her own fertility; and passage of the Equal Rights Amendment (ERA)...† MacLean 16). A new generation of activists was born and much like the women before them they began to realize the the abundance of â€Å"'sexism' (a word they coined)'† (MacLean 16).

Sunday, January 12, 2020

Unleashing India’s Innovation and Entrepreneurship Potential

Unleashing India’s Innovation and Entrepreneurship Potential India has been one of the best performers in the world economy in recent years. Indian economy has been one of the stars of global economics growing 9. 6% in 2006 and 9. 2% in 2007. Growth had been supported by market reforms, capital inflows of FDI, rising foreign exchange reserves, both an IT and real estate boom, and a flourishing capital market. Like rest of the world, however, India is also facing testing economic times (economic recessesion) with inflation running at 11%, the highest level seen in a decade . The Indian stock market has fallen more than 40% in six months from its January 2008 high. $6 billion of foreign funds have flowed out of the country in that period, reacting both to slowdown in economic growth and perceptions that the market was over-valued. It’s high time we recognize the growing significance and visible impact of Entrepreneurship and innovation on wealth-creation and employment-generation in India. INNOVATON: Innovation is a process to achieve measurable value enhancement in any commercial activity, through introduction of new or improved goods, services, operational and organizational processes. It is a significant factor in fostering competitiveness, improvement in market share and quality. It reduces costs . Innovation is a key driver of economic growth. It is both creation, commercialization of new knowledge and diffusion and absorption of existing knowledge in new locations. Growth, accompanied by innovations, has been associated with rising living standards and a reduced number of poor people. India is increasingly becoming a top global innovator for high-tech products and services. Still, the country is under performing compared to its innovation potential which has direct implications for long-term industrial competitiveness and economic growth. About 90 % of Indian workforce is employed in the informal sector. This sector is often characterized by underemployment, low-productivity and low-skill activities. Although India has the benefit of a dynamic young population , with more than half of the country’s population under 25 years old, only 17 percent of people in their id-20s and older have a secondary education. To uphold rapid growth and help alleviate poverty, India needs to aggressively exploit its innovation potential, relying on innovation-led, rapid and inclusive growth to achieve economic & social transformation . According to one of the findings the output of economy could increase more than five folds if each enterprise could absorb knowledge existing in India and achieve the level of productivity of top enterprises in their sector. By applying knowledge in new ways to production processes, better and new products can be produced with the same or fewer inputs to meet the needs of all sections of Indian society. The very popular â€Å"Dabbawala† system is an innovative business process which allows 4,500–5,000 semiliterate Dabbawalas to deliver almost 200,000 lunches to workers every day in Mumbai. The Dabbawalas reportedly make one mistake per 6 million deliveries. So remarkable is this delivery network that international business schools have studied the work flows of the Dabbawala system to understand the key to its stellar performance rating. To unleash its innovation potential, India needs to develop following strategies: > > Increasing level of competition to improve the investment climate, supported by stronger skills, better information infrastructure and more public and private finance. Recommended actions to raise competition include removing regulations which are not essential and applying essential ones more transparently in product, land, labor, capital, and infrastructure services markets—for example, easing limits on small industries, restrictions on foreign direct investment (FDI) etc. Limited skills and training are a major bottleneck. Only 16 percent of Indian manufacturing firms offer in-service training, compared with 92 percent in China . The Indian firms that provide in-service training are 23–28 percent more productive than those that do not. This bottleneck could be overcome (i) by providing public matching funds for firms to invest in training and (ii) increasing the fiscal and managerial autonomy of universities and colleges, and increasing private participation in higher education. Better information flows are needed: high-speed national research and education networks accelerate the pace of new discoveries and the expansion of knowledge. Information-related actions could include expediting the allocation of radio and wireless broadband spectrums, increasing targeted subsidies for rolling out rural mobile and broadband, and agreeing on an organizational structure to deploy and manage a national research and education network. gt;> India can benefi t from supporting efforts to create and commercialize knowledge, help in diffusing existing global and local knowledge and by increasing the capacity of smaller enterprises to engross it. Private enterprises need to increase R&D spending. Between 1998 and 2003, multinational corporations spent $1. 3 billion on R&D in India—showing that its valuable assets could be exploited more effectively. Measures to spur private R&D could include consolidating and expanding early-stage technology development programs as well as developing a policy and action plan to use public procurement to promote innovation. New domestic knowledge needs to be converted to commercial use. Of the top50 applicants for patents in India between 1995 and 2005, 44 were foreign firms. Only six were Indian. Actions to promote commercialization and strengthen links among industry, universities and public laboratories could include providing support to technology transfer offices, creating a patent management corporation, developing technology parks and incubators and improving India’s regime for intellectual property rights. India should also consider enhancing support for higher-risk technology R&D and commercialization by strengthening its New Millennium Indian Technology Leadership Initiative and by opening the program to international collaboration and giving grants to both research institutions and private enterprises, with sharing of any resulting royalties. The Diaspora needs to be tapped more effectively. About 20 million people i. e. 2 percent India’s population earn the equivalent of two-third of India’s GDP. Steps to tap more efficiently tap India’s overseas talent could include supporting a larger Diaspora network, building on existing groups that aggregate this population’s (NRIs’) talent and capital for use in India. >> India would benefit from fostering more inclusive innovation—by promoting more formal R&D efforts for poor people and more creative proletariat efforts by them, by improving the ability of informal enterprises to exploit existing knowledge. Inclusive innovation can play a critical role in lowering the costs of goods and services and in creating income-earning opportunities for poor people. The Council of Scientific and Industrial Research has developed technology applications for rural India, university and formal private initiatives e. g. e-Choupal. To leverage traditional knowledge into revenue, a policy-oriented intellectual property rights think tank could propose how to implement a cheaper intellectual property regime. Finally, successful technology upgrading programs could be extended to help informal and rural enterprises make better use of existing knowledge. ENTREPRENEURSHIP: Entrepreneurship represents a mindset. It is the skill of finding creative, innovative and profitable solutions to problems and to be paradigm pliant. An entrepreneur is someone who assumes the financial risk of the initiation, operation and management of a business. They aren't generally high-risk takers when they can't affect the outcome of the situation. They tend to set realistic and achievable goals, and when they do take risks, they're usually calculated ones based on facts and experience, rather than instincts. Entrepreneurs are participants not observers, players not fans. And to be an entrepreneur is to be an optimist, to believe that with the right amount of time and resources, you can do anything. Why is the US more prosperous than India? Is it because we Indians are less smart than Americans? No, Indians are universally known for their intelligence. Is it because they have greater resources? No, India is as much if not more rich in natural resources. Then, why is the US more prosperous than India? The US is more prosperous simply because they have more entrepreneurs. Entrepreneurs have a big role to play in driving India’s growth. With a slower economy, it is vital that government; academic world and regulatory bodies create a favourable environment for entrepreneurs to flourish. Entrepreneurship is a critical element of a growth economy and India is poised to unlock a Silicon Valley like entrepreneurial boom through the next 10 years. If India needs to eradicate poverty, we have to grow. To grow, we have to employ the unemployed. NASSCOM and CII have estimated that if India wants to be a developed country by 2020, it needs to create 10 million jobs. The million-dollar question is how these jobs are going to be created. Neither the Army nor the police force can soak up such a large number, nor can the Railways or the government. They can only be engrossed by the private sector. The industrial set-up is expanding, but not at the rate that can employ such large numbers. Is there any solution to this grave problem? Fortunately, YES, the answer is entrepreneurship. As per TiE (The IndUS Entrepreneurs- a non-profit organization, promoting entrepreneurship) each entrepreneur creates 30 jobs. An entrepreneur creates jobs, setting stage for a flourishing economy. Over 30% of Microsoft employees are Indians. The NASA relies on Indian brains for its various missions. IIT graduates are considered the worlds brightest. Why do these people flock to the US, simply because the US has more opportunities? What can we do to stop this self-ruining brain drain? The answer lies in promoting entrepreneurship. The beginnings are already in place, steps have been taken in the right direction. There is an overall shortage of start-up entrepreneurs in India compared to the rest of the world. One of the most significant deficiencies an Indian entrepreneur may face revolves around capital. Although there is ample willingness to invest capital in a well-established enterprise, there is little willingness to fund start-ups. The quality and quantity of venture capital in India is low. The benefits of entrepreneurship to the society and the economy as a whole are enormous. Entrepreneurship helps in avoidance of monopolies and cartels and help in checking large corporations and MNCs. Entrepreneurs realize the tremendous demand for goods abroad and help to market the surplus. This will make the Indian market export competitive and at the same time, the MADE IN INIDIA brand more acceptable. The surplus footstock which would have been otherwise rotting in the government storehouse, can be exported, thus earning foreign exchange. The government gets rid of the excess stock while the exporter earns revenue, leading to a win-win situation. An important factor influencing FDI, from developed nations to developing nations is the concentration of entrepreneurship. FDI is directly proportional to entrepreneurship. The highest contributor of FDI is the US. The US readily welcomes Indian exports and also lists Indian companies on American exchanges. No wonder NASDAQ rocks on the beats of Infosys Chairman, NR Narayan Murthy. So, the message is clear; we need more entrepreneurs. It is high time, the government realizes that only and only ntrepreneurship can help it grow at the high rate and rethinks its policies. To unleash its entrepreneurship potential, India needs to develop the following strategies Nurture early stage entrepreneurial ventures based on technology and innovation. Create physical infrastructure and support systems necessary for business incubation activities. Facilitate networking with professional resources that include mentors, experts, consultants and advisors for the incubated companies. Identify technologies/ innovations which have potential for commercial ventures. Promote and foster the spirit of entrepreneurship. Carry out activities that facilitate knowledge creation, innovation and entrepreneurship activities.

Saturday, January 4, 2020

How Adolescence Should Be Given Opportunities For...

The purpose of this study is to discuss the idea that adolescence should be given the opportunity to communicate and form bonds with individuals from another culture so that they may form intercultural friendships in a nation that continues to grow increasingly diverse. This paper explores five published articles pertaining to communication among individuals from different cultures. More specifically focusing on intercultural friendships and the importance of creating opportunities for communication across cultures in adolescents. This paper recognizes a study by the University of Wisconsin, Madison Institute for Research on Poverty that focuses on the effects of communication among children that attend culturally diverse schools versus homogenous schools. The article leaves the audience with the suggestion that the way to better the future of our world is to encourage and allow for opportunities for our adolescence to create intercultural friendships. Thus, turning our cultural ene mies into friends through the use of communication among adolescence. Turing Enemies of another Culture into Friends through Communication Turning our enemies into friends can be beneficial. In his essay, â€Å"Turning Enemies into Friends,† Stewart (2012) suggest that â€Å"If I defeat you, I win and you lose. But in truth, I also lose, because by diminishing you, I diminish myself. However, in a friendship instead, of fighting one another, we can fight together the problems we share. WeShow MoreRelatedGender Segments And Sex Groups During Childhood And Early Adolescence1475 Words   |  6 PagesThis phenomenon appears to be a primary factor influencing social and cognitive development during childhood and early adolescence. The peer-reviewed article discussed in this paper focuses on gender cleavage in addition to age-related variances and sex differences during middle childhood. 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Race is an attrib ute that makes individuals differ from one another, and the problem is not the differencesRead MoreArticle Reviews on Family, Society, Human Behavior, and Sexuality4652 Words   |  19 Pagesroles, internal social processes, communication, normal family stresses, prenatal; infancy, early and middle childhood, adolescence, sexual behaviors, family planning, influence on relationships, self and others, communication skills and relating to others. Article Review 1.FAMILIES IN THE SOCIETY a.Cultural Variations Every culture has its unique characteristics that make it different form the other culture. Some of the differences that prevail in various cultures are quite evident even to theRead MoreTeenage Pregnancy And Teen Pregnancy Essay2781 Words   |  12 Pagesstudents reported ever having sexual intercourse. Among those students, 45.6% reported being female and the rest male. This study also showed that knowledge of sexual education was very low, with 33% female and 46% male students reporting that they had no knowledge on contraceptive methods before their first sexual experience. Researchers targeted students around ages 18-19, asking about their knowledge on sexual education and methods of contraception. Among these students, 41% reported having little