Solution Code: 1AAII
This assignment is related to ”Management” and experts atMy Assignment Services AUsuccessfully delivered HD quality work within the given deadline.
These assignments are solved by our professional Managementat My Assignment Services AU and the solution are high quality of work as well as 100% plagiarism free. The assignment solution was delivered within 2-3 Days.
Our Assignment Writing Experts are efficient to provide a fresh solution to this question. We are serving more than 10000+ Students in Australia, UK & US by helping them to score HD in their academics. Our Experts are well trained to follow all marking rubrics & referencing style.
1 . KitKat product is a biscuit coated with chocolate, which targets the children and women market segment. Additionally, the product’s target segment includes the people who use chocolate. Additionally, Cheerios is a new product in the market. Cheerios is a cereal delicacy, which is consumed for breakfast. The delicacy of the new product will enhance its penetration, especially among the men market segment. The product is usually calorie-rich hence it is ideal for men. OPTIFAST is a service whose target market segment is obese and overweight people. The service is a weight loss, diet program, which is part of a healthy living package. The Nestle Nan toddler product is also a nutrient-rich product recommended for children above the age of one. The product is likely to penetrate the market because it is highly demanded by market segment target.
2 . According to Kakwani (2013), there is a high number of high-income earners and low number of income earners in the Northern Territory of New Zealand. This indicates a high disparity in the income distribution in the region. The disparity is a manifestation of social-economic status aspect in the society. The income distribution is subject to other factors including age and household composition. Johnson (2005), further asserts that a high-income earner earns as much as $2,500 per week. On the other hand, a low income earner earns as less as $600 per week. The fact that both groups operate under similar economic conditions implies that the low-income earners’ living standards are low compared to the high-income earners. There should be equitable distribution of wealth to enhance improvement of the living standards of the low income earners and boost the economy of the region.
Diagram: Household income distribution in the Northern Territory Vs. Australia
3. The FMCG companies have not adopted mass marketing but have applied segmented approaches. P&G has established five segments including Fabric Care and Home care, Baby, feminine and Family care, beauty, grooming and Healthcare market segments (Lorange & Rembiszewski, 2014). Unilever also adopts segmentation through the fielding of its Dove segments and scent segmentation, which enhance sound branding decisions. GSK Company also embraces segmentation because it employs a needs-based segmentation in all its operations. P&G is the most successful in the use of segmented approach followed by Unilever while GSK least benefits from the segmentation strategy. P&G and Unilever companies ought to expand their segments. GSK needs to increase the parameters of segmentation to appeal to many customers.
4. World-wide demographic trends are affecting opportunities for international marketing. There is a flow of suppler traffic towards a region perceived to be in high demand for a certain product. Such a scenario indicates that certain regions are saturated of certain products. The aging baby boomers are most benefiting the financial advisory, tax planning, and business appraising agencies. According to Tuljapurkar, Ogawa & Gauthier (2010), the tourism, cosmetic, healthcare and heritage industries will highly benefit from the ageing baby-boomers. The aging people direly need the services of these agencies for sound decision making on their capital and leisure.
Find Solution for Management assignment by dropping us a mail at help@gradesaviours.com along with the question’s URL. Get in Contact with our experts at My Assignment Services AU and get the solution as per your specification & University requirement.
Trending now
The Student Corner
Subscribe to get updates, offers and assignment tips right in your inbox.
Popular Solutions
Popular Solutions
Request Callback
Doing your Assignment with our resources is simple, take Expert assistance to ensure HD Grades. Here you Go....
🚨Don't Leave Empty-Handed!🚨
Snag a Sweet 70% OFF on Your Assignments! 📚💡
Grab it while it's hot!🔥
Claim Your DiscountHurry, Offer Expires Soon 🚀🚀