Wednesday, May 6, 2020
Psychology Theories Of Personality - 1577 Words
1 KirtmanNPSY800-4 NORTHCENTRAL UNIVERSITY ASSIGNMENT COVER SHEET Student: Nisaa Kirtman PSY8100 CLIFFORD THEORIES OF PERSONALITY 4 (ANALYZE THE HUMANISTIC APPROACH TO UNDERSTANDING PERSONALITY) Faculty Use Only The Humanistic Approach to Understanding Personality In the 1950?s, the field of psychology was dominated mainly by two schools of thought: psychoanalytic theory (the unconscious mind and unconscious motivations that shape human behavior), and behaviorism (the ways in which conditioning processes shape human behavior). To many humanistic and positive psychologists, psychoanalysis and behaviorism offered interpretations to personality and behavior thatâ⬠¦show more contentâ⬠¦It is as if psychology has voluntarily restricted itself to only half its rightful jurisdiction, and that, the darker, meaner half (Maslow, 1954, p. 354). Hence, Maslow and others did not believe that individuals are just the product of their unconscious desires and motivations and their environment. There are four main pillars to the humanistic view on human nature. Firstly, humanistic psychologists believe that individuals have free will to make decisions that want, and go down any path or direction in life. A second assumption is that individuals are innately good and do in fact have a desire to improve their environment and improve themselves. This particular assumption exemplifies the notion that we are optimistic by nature and use our optimism to overcome challenges. In the same vein, individuals have a desire to grow and improve as humans, and experience self-actualization, a process that demonstrates an individual?s need for growth and to have their highest needs fulfilled. According to humanistic theory, if individuals are given the right environment, they will always choose to be their better self. As cited in Winston (2015), Maslow explained, ?In a psychological climate which is nurturant of growth and choice, I have never known an individual to choose the destructive path? (p. 47). The role of the self and authenticity are centralShow MoreRelatedThe Theory Of Personality Psychology1292 Words à |à 6 Pages Personality psychology is a branch of psychology that focuses on the differences between peopleââ¬â¢s behaviors in terms of patterns, cognitions, and emotion. Personality psychology has been around for centuries, since Hippocratesââ¬â¢ Four Humors. Personality psychology has taken on many forms and has continued to develop throughout the centuries. Personality psychology is also developed with and from other fields of psychology like child development, behavioral, cognitive, and few others. PersonalityRead MoreThe Theory Of Personality Psychology1019 Words à |à 5 Pagesnot like you at all? Itââ¬â¢s ironic how a person personality is shaped. Personality is included in basically everyday life. Personality defines a person. Personality is like a big stew mixed with emotions, behaviors, and patterns of thought that truly define a person. Personality Psychology is the study of these different patterns among a group of people or culture. The studies of psychology started from Hippocratesââ¬â¢ theory that argues that personality traits are based on four different sections. ThisRead MoreTheories Of Personality And Psychology1382 Words à |à 6 PagesStudent: Nisaa Kirtman PSY8100 CLIFFORD THEORIES OF PERSONALITY 3 (DEBATE EXISTENCE OF THE UNCONSCIOUS) Faculty Use Only Debate on Psychoanalysis vs. Behaviorism: Freud and Skinner Moderator: Good evening, and welcome to the Northcentral University?s debate on psychanalysis versus behaviorism. My name is Nisaa Kirtman and I am from the Department of Psychology. It?s an honor to be the moderator of tonight?s debate. The topicRead MoreThe Theory Of Personality Psychology922 Words à |à 4 Pagesquite understand ââ¬Å"(Freidman, 2012, p. 17). This is the struggle that personality psychology tries to understand, how and to what extent the unconscious forces plays a role in human behavior. It is believed that people are responsible for their own actions. There is a continuous struggle with personality psychology and the comprehension of and to what extent unconscious forces play in human behavior. ââ¬Å"Meeting of two personalities is like the contact of two chemical substances; if there is any reactionRead MorePsychology : Theories Of Personality780 Words à |à 4 Pages Phillip Easley Psychology 4130: Theories of Personality October 15, 2015 Arthur D. Kemp, Ph.D., M.S. Associate Professor of Psychology Science Albert Ellis Albert Ellis was a known as a 20th century psychologist who developed Rational Emotive Behavior Therapy. ââ¬Å"Ellis was born in Pittsburgh, Pennsylvania, in the 1913â⬠(ââ¬Å"Albert Ellis (1913-2007),â⬠2015). He was also known to have a distant relationship with parents. Ellis attended the City College of Downtown New York obtainingRead MoreEssay on Psychology: Personality Theories1715 Words à |à 7 Pages Introduction: What is Personality? Allport defines personality as ââ¬Ëthe dynamic organisation within the individual of those psychological systems that determine his unique adjustment to his environmentââ¬â¢ (Allport, 1937). An individualââ¬â¢s unique personality traits and attributes are a powerful indicator of how he/she will interact with the work environment. The difference between average and outstanding employees can often be solely personality related. As the employee is the most valuable asset toRead MoreTheories Of Personality And Social Psychology3265 Words à |à 14 PagesCLIFFORD THEORIES OF PERSONALITY Signature assignment: Explore future directions for personality theory and research in social psychology Apologies it is slightly late. Iââ¬â¢ve been trying to upload this and even attach as an email. Iââ¬â¢ve had to use an entirely different computer to do this. Faculty Use Only Future directions for personality theory and research in social psychology Introduction and overview of personality in social psychology Social psychologyRead MoreThe Theory Of Psychology And Personality Development1802 Words à |à 8 PagesPersonality Report There are many theorists that have made psychology incredible, and have paved the way for what we believe psychology to consist of today. Some important theorists that I believe have made a huge contribution are Sigmund Freud, Karen Horney, and Dollard and Miller. These theorists have all had their own view on personality development, and I believe that these ideas have shaped the way in which we view psychology today. The many interpretations of conflict, psychotherapy, and culturalRead MoreThe Theory Of Psychology And Personality Development1802 Words à |à 8 Pages Personality Report There are many theorists that have made psychology incredible, and have paved the way for what we believe psychology to consist of today. Some important theorists that I believe have made a huge contribution are Sigmund Freud, Karen Horney, and Dollard and Miller. These theorists have all had their own view on personality development, and I believe that these ideas have shaped the way in which we view psychology today. The many interpretations of conflict, psychotherapy, and culturalRead MoreThe Personality Theory Of Adler s Individual Psychology Theory1436 Words à |à 6 PagesI. Theory Description The personality theory that I have chosen as best identifying with my personality and beliefs is Adlerââ¬â¢s Individual Psychology theory (Friedman Schustack, 2012). Adler based his theory on the belief that individuals placed varying degrees of importance in different aspects of social and individual motivations such as an ideal goal. He used the term finalism to describe his idea that individuals all have an ultimate goal that they strive to become. The goal is subjective to
Reflections on the Course Counter Terrorism Free Essays
During these troubled times, I do believe that it is important for students to be well aware of the things which can create fear within and pose a threat to the whole community. For the past few years, the threats in the international as well as local communities have created a great change in the perspective of the people regarding security. Many have been threatened and manipulated by the fear and paranoia that they could be victims of terrorist attacks. We will write a custom essay sample on Reflections on the Course Counter Terrorism or any similar topic only for you Order Now Because of this, counter terrorism policies and measures must be implemented to uphold national security and lessen the fear of the public. While serving the country as part of the U. S. Army, I have been a witness to and became directly involved in the actions taken by our government against the prevailing violence in the United States. Reflecting upon the things I learned and encountered, I came to realize the importance of counter terrorism in establishing security and upholding peace. Thus, upon taking this course, I do expect that I will considerably learn about counter terrorism in the perspective of the current and past governments, study the various counter terrorism policies and measures, and understand the reason why some of them work while others have been rendered ineffective. Learning about these things will certainly aid me in fulfilling my duty to fight terrorism not only as a member of the U. S. Army but as a citizen of this country. I also expect that a portion of this subject will be dedicated to peace studies which I hope will include the ideologies of Martin Luther King Jr. , Mahatma Gandhi, and other peace advocates. Exploring this topic would be beneficial for the students taking this course, especially for someone like me who is part of the Army, as learning about peace would help me to further grasp the depth and weight of my duty to my country. How to cite Reflections on the Course Counter Terrorism, Papers
Saturday, April 25, 2020
Price Discrimination Strategy
Price discrimination strategy is appropriate for the sub shop in a college town, since a lot of potential revenue is lost when using single price strategy for visitors who are willing to pay high prices for similar products. Price discrimination strategy is applicable in businesses where sale of similar goods and services can be transacted by different clients.Advertising We will write a custom assessment sample on Price Discrimination Strategy specifically for you for only $16.05 $11/page Learn More This is in addition to theoretical markets where there are perfect product and services substitutes, perfect market information, and no products and services re-selling. Strategy of price discrimination only exists with oligopolistic and monopolistic markets where businesses exercise market power. Such market power will allow the firm to avoid cases where the resident buyer may take advantage by buying the standard or low priced goods and selling them to the visitors at a relatively higher price, knowing very well that such a deal will eventually be profitable to him. Therefore, an effective strategy is important for sub shop, knowing that higher prices charged on visitors can significantly increase the revenue considering that visitorsââ¬â¢ demand for goods may remain the same (Mills, 2002, p.35). The impact of the strategy of price discrimination between the residents and visitors on social efficiency cannot be understood, since the strategy generally leads to higher prices for the visitors and lower prices for the resident consumers. The strategy will focus on increasing sales for the resident consumers, while extracting reasonable amounts of surplus from the visitors. This would help in ensuring efficiency of the price discrimination strategy and avoid decrease of sales to visitors who pay higher prices for similar goods. The sub shop would undertake market segmentation before price discrimination so as to discourage resident cu stomers from reselling the goods, considering the discounts offered. A firm may still apply price discrimination strategy, but still prevent product resale by using rate fences and maintaining confidentiality of pricing information, an action that will limit chances of resident buyers having access to both pricing models. The product discount should also be restricted to student residents only, and not local residents, who may otherwise turn out to be competitors. Unlike single price strategy, the discriminative strategy rate fences ensure that customers who can pay higher prices for the same product do not pay lower prices.Advertising Looking for assessment on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Rate fences strategy makes it impossible for the visitors to switch to the resident class and pay lower prices (Simchi-Levi, Kaminsky Simchi-Levi, 2003, p.250). The sub shop may also relax the similar goods requireme nt for enacting price discrimination through price variation for different products with similar costs of production. This strategy of price discrimination will help to reveal consumers who are willing to pay higher prices for satisfaction of similar needs (Ferrell and Hartline, 2008). Price Ceilings In case the government enacts price ceiling laws of the TV cable industry, the company will have no option but to lower the price in line with legal limit of the cable TV. For the legal limits, the government must place the price ceiling below market equilibrium for the law to be effective. When the cable TV price ceiling is set, there would be a shortage, since there will be more demand than the industry can supply at the equilibrium price. This will result into the cable TV market inefficiency because quantity supplied by the industry at the price ceiling would lead to marginal benefit exceeding marginal cost (Mankiw, 1998, p.112). The graph below indicates the shortage that will occu r when price ceiling is set below the equilibrium. Price Ceiling Graph Source:à College-Cram Economics.à Price Ceiling. Web. The dashed line represents the maximum ceiling price above the market equilibrium while the red line represents price ceiling below the equilibrium level. There is a different effect when the price ceiling is below the equilibrium price. The suppliers cannot charge the price demanded by the market and must meet the price limit set by the government legislation. The equilibrium price of the cable TV is the price at which the number of cables TV demanded is equal to the number of cable TV supplied. In general terms, the market forces of the industry do not vary to change both demand and supply at equilibrium level.Advertising We will write a custom assessment sample on Price Discrimination Strategy specifically for you for only $16.05 $11/page Learn More If the government regulations would have placed the price ceiling above th e equilibrium, there would be no effect since the limit is above the market price. When consumers demand increases above supplierââ¬â¢s ability to supply, it results in shortages, which leads to rationing of cable TV in the market. Perfectly Competitive Markets When demand for products is perfectly elastic in perfectly competitive markets, there are no consumersââ¬â¢ surpluses, since prices that consumers are willing to pay precisely match the prices with which the goods are sold. Firms in this kind of market are price-takers of the ruling market price, since all firms aim at selling as much as they could, thus influencing demand and supply in the market, which in turn fluctuate price levels. In perfectly competitive markets, individual firms cause minor impact on market price, have highly elastic demand, and have no entry barriers. In addition, average revenue of firms in perfectly competitive market is equal to price, which is constant and equal to marginal revenue. Profitab ility of the firms depends on revenue and costs of the firms. Therefore, profitability is maximized when marginal costs are increasing, but equal to marginal revenue. Marginal revenue, which is dependent on every additional sale decreases when demand of products falls, consequently hampering profitability, both in the short run and in the long run. When demand of a product falls in a perfectly competitive market, it negatively affects profitability in the short run. Moreover, persistent low demand in the long run would lead to a number of companies shutting down, thus leaving the most competitive firms for increased profitability. Indeed, firms may exit the industry permanently after consecutively making loses where average revenue is more than average total costs. However, firms that are on downward trend are likely to incur huge loses, since fixed costs outweigh average revenue when the demand is low. Alternatively, firms may strive to remain in operation and seek competitive adva ntage over their competitors, with the understanding that fixed costs incurred are unrecoverable whether they shut down or proceed with operation. Firms have the option of leaving the industry when their sales revenue is less than projected long run revenue. In addition, firms need to exit when their total revenue is not equal or more than total cost, since they make no profits in the long run.Advertising Looking for assessment on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More In perfectly competitive markets, new entrants are encouraged to enter the market in order to benefit from potential profits, as evidenced by the existing firms (Hall Lieberman, 2009, p.360). The graph below shows prices of products with regards to marginal revenue and costs, which are major determinants of the number of firms and their profitability in the perfectly competitive market. Competitive industry and firm Prices and Output Source: Tutor2u,à Competition. Web. Average Cost Curves Economies and diseconomies of scale of specific firms are indicated by long run average cost curves. When a company grows, it aims at attaining maximum amount of economies of scale and minimum amount of diseconomies of scale depicted by a positively sloping curve. Average cost curve becomes steeper on the downward side because the firm is more inelastic to variations in cost with regards to production quantity. In the firmââ¬â¢s microeconomic short run, managers need to ensure that the firm puts into consideration the aspect of fixed quantity of factors of production. Such factors may include buildings and machineries used for production in the long run and may not be easily varied to meet short run needs of production. In case quantities of factors of production remain fixed during a specified period, then they are regarded as fixed factors of production. On the other hand, when quantities of factors of production can be varied during a specific period, then they are regarded as variable factors of production. Managers of firms should put into consideration the use of factors of production in the long run, and consider modification and selling of fixed factors of production in the short run. In the long run, firms consider all factors of production as variable, unlike in the short run. Moreover, companies use factors of production to come up with other products. Indeed, production function is the relationship between a firmââ¬â¢s output and factors (Rittenberg Tre garthen, N.d). Price Discrimination A new model of digital camera may cost more when it is being released into the market than a year later when it will no longer be considered new. Generally, a new model of camera released into the market qualifies for fashion goods, signaling status. For effective signaling of status, the camera must cost more to obtain, since firms exercise price discrimination for clients willing to spend more to achieve status. However, similar cost for the camera now and a year later negates the value that clients are looking for. Resource needed to attain the fashion status can be limited wealth. Non-wealth constraint with regards to purchase of status products enables status signal to be recognized easily as a relative rank indicator. Status seekers are continuously attempting to improve their social rank perceptions through status acquisition. The absence of price discrimination on new models of cameras that have just been released into the market may fail to achieve status, since there would be difference between the product purchased now and one purchased a year later. Moreover, a unique feature of market demand curve for new models of camera is that, it varies inversely to the stock of the product in the market. Prices of fashion goods or new models have a positive relation with supply of goods. Perception of theses goods remains positive until the price of the product is reduced and is now readily affordable to many consumers. Nevertheless, consumers who initially buy the product are willing to pay a higher price, since the model is new unlike a year later when other models will be in demand (Krishnamurthy, 2005, p.45) Implications and Rationale of the New Guidelines The Department of Justice and the Federal Trade Commission issued new Guidelines that place emphasis on innovation as a factor to be considered in determining acceptability of horizontal mergers. The rationale of innovation is that, it is often initiated by competitio n and the need to minimize costs and increase efficiency. The new Guidelines seek to outline major analytical techniques, enforcement legislations, and practices used to evaluate potential competitors undertaking mergers and acquisitions. The new Guidelines by the Department of Justice and the Federal Trade Commission puts into consideration economic and legal developments, although according to agencies, the guidelines are not intended to bring about changes with regards to merger review policies. The guidelines are intended to enhance clarity in issues regarding the processes of merger review so as to help the business environment, particularly in mergers and acquisitions (Jones Mortin, 2000, p113). The guidelines aim at helping agencies and the business community to challenge and identify harmful mergers in uniformity, while also evading unnecessary merger interferences that are either beneficial competitively or have the likelihood that it will have no competitive impact in mar ketplace.à Considering this, byproducts will act as an indicator to the business environment on the types of mergers that are likely to cause widespread scrutiny. References Ferrell, O. C., and Hartline, M. (2008). Marketing Strategy. OH: Cengage Learning. Hall, R. E., Lieberman, M. (2009). Economics: Principle an Application. OH: Cengage Learning. Jones, P. L., Mortin, J. F. (2000). Federal Trade Commission: Study Needed to Assess the Effects of Recent Divestitures on Competition in Retail Markets. NY: DIANE Publishing. Krishnamurthy, S. (2005). Contemporary Research in E-Marketing. PA: Idea Group Inc (IGI). Mankiw, G. (1998). Microeconomics. NY: Elsevier. Mills, G. (2002). Retail Pricing Strategies and Market Power.à Melbourne Univ. Web. Rittenberg, L., Tregarthen, T. Principles of Macro-Economics. Production costs. Web. Simchi-Levi, D., Kaminsky, B., Simchi-Levi, E. (2003). Designing and Managing Supply Chain: Concepts, Strategies and Case Studies. NY: McGraw Hill Profess ional. This assessment on Price Discrimination Strategy was written and submitted by user Tia I. to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.
Wednesday, March 18, 2020
Jemima J essays
Jemima J essays Jemima J by Jane Green is a classic story of ugly ducklings and swans for the Internet age. Jemima Jones is an employee at the Kilburn Herald, a small London newspaper. As she eats her way through her disappointments, her model thin, fly-by-night flat mates treat her like a maid. Two people touch Jemima very much in this story, Geraldine, a money-hungry, gorgeous co-worker who uses Jemima's writing abilities to her advantage. Then there is the striking and talented Ben Williams is also a co-worker. However, he also happens to be the love of Jemima's life, unfortunately, he is ignorant to the fact that Jemima has any feelings for him. As the Kilburn Herald goes online, she meets Brad, a wonderful California hunk, in an Internet chat room. After that day, everything changes for Jemima. To Brad, she is known as the slim, hip, spellbinding, glamorous, "JJ". Brad and her talk for some time and come to the conclusion that they should meet, there is only one major problem, Jemima isn't not the JJ that Brad thinks that she is and she much change in order to meet his expectations. Once Jemima is in California there are many people and events that help her to realize that California is not that place for her and that Brad is not the man he led her to believe he was. The theme of Jemima J is: outer beauty isn't worth all of the pain and struggle. Throughout the novel, Jemima struggles with her appearance. Whether it is getting passed over for assignments at work for a less-talented, more attractive Geraldine, getting treating like a maid by her roommates or getting the surprise of her life in California when she finds out just how vain Brad is. As the novel begins Jemima tells the reader a little about herself and her daily routine. This routine includes getting up in the morning only to feel horrible about her looks, going to a caf for breakfast and looking at magazines at the faces and bodies of the stunning mo...
Sunday, March 1, 2020
Origin of the Roman Satire Genre
Origin of the Roman Satire Genre Roman literature began as an imitation of the Greek literary forms, from the epic stories of Greek heroes and tragedy to the poem known as an epigram. It was only in satire that the Romans could claim originality since the Greeks never split satire off into its own genre. Satire, as invented by the Romans, had a tendency from the beginning towards social criticism- some of it quite nasty- which we still associate with satire. But the defining characteristic of Roman satire was that it was a medley, like a modern revue. Menippean Satire The Romans produced two types of satire. Menippean satire was frequently a parody, blending prose and verse. The first use of this was the Syrian Cynic philosopher Menippus of Gadara (fl. 290 B.C.). Varro (116-27 B.C.) brought it into Latin. The Apocolocyntosis (Pumpkinification of Claudius), attributed to Seneca, a parody of the deification of the drooling emperor, is the only extant Menippean satire. We also have large segments of the Epicurean satire/novel, Satyricon, by Petronius. Verse Satire The other and more important type of satire was the verse satire. Satire unqualified by Menippean usually refers to the verse satire. It was written in dactylic hexameter meter, like epics. Its stately meter partly accounts for its relatively high place in the hierarchy of poetry quoted at the beginning. Founder of the Genre of Satire Although there were earlier Latin writers instrumental in developing the genre of satire, the official founder of this Roman genre is Lucilius, of whom we have only fragments. Horace, Persius, and Juvenal followed, leaving us many complete satires about the life, vice, and moral decay they saw around them. Antecedents of Satire Attacking the foolish, a component of ancient or modern satire, is found in Athenian Old Comedy whose sole extant representative is Aristophanes. The Romans borrowed from him and other than extant Greek writers of comedy, Cratinus, and Eupolus, according to Horace. The Latin satirists also borrowed attention-grabbing techniques from Cynic and Skeptic preachers whose extemporaneous sermons, called diatribes, could be embellished with anecdotes, character sketches, fables, obscene jokes, parodies of serious poetry, and other elements also found in Roman satire.
Friday, February 14, 2020
Consumer behavior Essay Example | Topics and Well Written Essays - 2000 words - 2
Consumer behavior - Essay Example can be defined as ââ¬Å"the broad concept that businesses are more than just profit-seeking entities and therefore also have an obligation to benefit societyâ⬠(Werther & Chandler, 2006: 6-7). Thesis Statement: The purpose of this paper is to investigate consumer attitudes about green and ethical marketing translating into their purchasing behaviour. Further, the impact of green and ethical consumerism on companies adopting corporate social responsibility measures, will be determined. During the 1980s, ethics started affecting purchasing habits due to increase in environmental awareness on the part of consumers, development of green products and the availability of green consumer guides (Doonar, 2005). The concept of green consumerism is related to environmental sustainability in which environmental quality and the conservation of natureââ¬â¢s assets are of prime importance. From the wise use of resources for the sake of future generations, the concept of sustainability evolved to include a focus on nature preservation for intragenerational distribution of natureââ¬â¢s bounty. Sustainability is a continuing process that needs careful planning and implementation to confront the problems facing ââ¬Å"modern agriculture, natural resource management and land useâ⬠(Gunning & Holm, 2005: 129). Sustainability takes into account the human factors of production, manufacture and use along with environmental and ecological concerns such as global warming, acid rain, deforestation, ozone depletion and other occurrences (Strong, 1997). Consumers may opt for one product over another because of political, religious, social, spiritual, environmental or other motives, and may differ in opinion from one another. One common factor among ethical consumers is that they are concerned about the ââ¬Å"effects that a purchasing choice has not only on themselves, but also on the external world around themâ⬠(Harrison et al, 2005: 2). Choosing organic foods because of a concern that pesticide use
Saturday, February 1, 2020
Product Portfolio Analysis of Heinz Case Study Example | Topics and Well Written Essays - 1500 words
Product Portfolio Analysis of Heinz - Case Study Example The BCG growth-share matrix displays the positions of business units on graph of the market growth rate against their market share relative to competitors. Of all the products launched by Heinz between 2003 and 2006, sauces, dressings and condiments took the largest share, of 25.5%. However, ready meals also took a sizeable share of 20.9%. Other categories that been key to the company's new product developments include canned food (13.1%) and fruit and vegetable products (9.2%). Of all the products launched between 2003 and 2006, 1.5% products were classed as innovative. When looking at innovation within Heinz, the company is most innovative in meat, fish and poultry products with 6.1% of all meat products launched by the company, innovative (Datamonitor Inc., 2007). Additionally, from the information that is available about the business units of the company, it can be stated that the Tinned Pasta and Retail Brown sauce business units were the most profitable with a revenue generation of 78.2 and 74% respectively. From this information, according to the BCG Matrix, these two units can be termed as Stars. Secondly, the Retail Ketchup and Baked Beans divisions were other two divisions which generated considerable revenues. Baby food and drink products are another area in which Heinz is a leading innovator. 3.1% of all baby products launched were classed as innovative. One of the most impo... The company also increased its focus on the consumer with a strong spotlight on health and wellness. Apart from these, the company also increased investment in marketing for future growth, greater R & D and impressive productivity measures (Merrett, 2007). Heinz's international growth strategy of acquiring new companies in the Netherlands, Indonesia, the Philippines, Singapore and Costa Rica also have been of great help to the company's growth and improved performance. The company also launched growth and reorganization plans to focus on Meal Enhancers and Meals & Snacks. The historic transaction with Del Monte Foods is designed to make Heinz a more focused company able to invest more effectively in its strongest brands (Heinz). Heinz intends to build growth and value over the long term through a strategy based on certain imperatives like expansion and improved consumer price-value, remove the clutter by reducing the complexity of Heinz's business processes and continuing to focus resources on those products and activities that maximize profitability; Task 1 - C Pricing Strategies & Porter's Five forces Pricing again also played its part in the company's overall performance as changes in pricing and improved volumes, through key brands like weight watchers and Heinz baked beans, were offset by difficulties in Russia for its non-Heinz products and unbranded frozen foods. By maintaining the key initiatives of the yearof pushing both innovation and the number of its brands globally, Heinz believes that it can continue the strong performance into the 2008 fiscal year. The company was also keen in squeezing out costs to deliver the margin improvements necessary to underwrite greater marketing investment. The effective formulation
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