Cost Push Inflation On The Prices - 1101 Words

Cost-push inflation further occurs when businesses respond to rising costs, by increasing their prices to protect profit margins. There are many reasons why costs might rise. Some of these reasons are: ïÆ' ¼ Component costs: e.g. an increase in the prices of raw materials and components. This might be because of a rise in global commodity prices such as oil, gas copper and agricultural products used in food processing – a good recent example is the surge in the world price of wheat. ïÆ' ¼ A fall in the exchange rate – this can cause cost push inflation because it normally leads to an increase in the prices of imported products. For example during 2007-08 the pound fell heavily against the Euro leading to a jump in the prices of imported materials from Euro Zone countries. Cost-push inflation can be illustrated by an inward shift of the short run aggregate supply curve. The fall in SRAS causes a contraction of GDP together with a rise in the level of prices. One of the risks of cost-push inflation is that it can lead to stagflation. Important note: Many of the causes of cost-push inflation come from external economic shocks – e.g. unexpected volatility in the prices of internationally traded commodities and large-scale movements in variables such as the exchange rate. A country can also import cost-push inflation from another country that is suffering from rising inflation of its own. ïÆ'Ëœ Demand-pull Inflation This is a kind of inflation which is as a result of a persistent increase inShow MoreRelated The Causes of Inflation Essay1116 Words   |  5 PagesCauses of Inflation There are three major causes of inflation: 1. Demand - pull inflation 2. Cost - push inflation 3. Monetarist Theory 1. Demand - Pull Inflation ========================== This type of inflation is caused by excess aggregate demand, exceeding aggregate supply. Quite simply too much demand is chasing too few goods. This can occur when the growth in aggregate demand is so strong, that aggregate supply cannot respond quickly enough - resulting in prices getting bidded-upRead MoreThe Effects Of Inflation On Economic Growth1126 Words   |  5 PagesInflation is an important indicator of whether a country s economy is healthy. Therefore, many countries are trying to reduce the inflation rate of domestic. However, it not only brings drawbacks. Since 2014, the inflation rate of Britain is continuing to rise. (Ferreira,2017, no page given) Inflation is a fall in the purchasing power of money leads to people spend much money on buying cheap goods. The inflation rate is the change in average prices in an economy over a given period of time. (AndertonRead MoreInflation Is Measured Using The Consumer Price1616 Words   |  7 PagesINFLATION Definition: Inflation refers to a sustained increase in the general price level over time as measured by a price index. In Australia inflation is measured using the Consumer Price Index, which summarizes movements in the price of a basket of goods and services, weighted according to their significance for Australian households. Measurement and Current Statistic The two most common measures of inflation are the headline rate and the underlying rate. The headline rate of inflation measuresRead MoreInflation And Explain Different Types Of Inflation Essay718 Words   |  3 PagesDefine inflation and explain different types of inflation What is inflation? Inflation can be described as a steady increase of the total prices of goods and services in the economy. It can’t be measured by an increase in the cost of one product or service; can’t even be measured by looking at several products or services. Inflation is an overall increase in the total price level of the goods and services in the whole economy. Changes in inflation are evaluated by monitoring several differentRead MoreInflation Is A Problem For All Of The World Economies1517 Words   |  7 PagesResearch paper Daniyal Shaikh Inflation Inflation has been a problem for all of the world economies for many years causing a great deal of damage to stakeholders. Inflation is an increase in the general level of prices for goods and services. It is measured as an annual percentage increase. As inflation rises, every dollar you own buys a smaller percentage of a good or service. As a result of inflation, the purchasing power of a unit of currency falls. For example, if the inflation rate is 2%, then a softRead MoreInflation And Its Effect On The Economy1197 Words   |  5 PagesIntroduction Inflation is an aspect of macroeconomic instability and is a rise in the general level of prices in an economy. When inflation occurs, every dollar of income buys fewer goods and services than before and reduces the purchasing power of money. Inflation doesn’t always mean all prices are rising, and during periods of rapid inflation some prices may be constant and others may fall. It is measured by the Consumer Price Index (CPI), the two types are demand-pull and cost-push, and affectsRead MoreInflation And Its Effect On The Economy1217 Words   |  5 PagesIntroduction Inflation is another aspect of macroeconomic instability and is a rise in the general level of prices in an economy. When inflation occurs, each dollar of income will buy fewer goods and services than before and reduces the purchasing power of money. **Inflation does not mean that all prices are rising and during periods of rapid inflation, some prices may be relatively constant while others may fall. Almost all prices are set by supply and demand, and if the economy experiences inflationRead MoreInflation And Its Effect On The Economy1200 Words   |  5 PagesIntroduction Inflation is another aspect of macroeconomic instability and is a rise in the general level of prices in an economy. When inflation occurs, every dollar of income will buy fewer goods and services than before and reduces the purchasing power of money. Inflation doesn’t always mean all prices are rising, and during periods of rapid inflation some prices may be constant and others may fall. Measured by the Consumer Price Index (CPI), the two types are demand-pull and cost-push, and affectsRead MoreInflation and Its Effect on Retailers1723 Words   |  7 Pagess Inflation and its effect on Supply Chain Industry (Retail) By Kamal Deep Introduction This white paper details out how inflation is affecting the Retail economy and its health. This paper also suggests what care needs to be taken by the Retailers for tackling inflation. Purpose of this Project For applying the Macro Economics class room learning’s practically Scope ofRead MoreRising Inflation in the UK1384 Words   |  6 PagesInflation; ‘a situation in which prices rise in order to keep up with increased production costs†¦ result[ing] [in] the purchasing power of money fall[ing]’ (Collin:101) is quickly becoming a problem for the government of the United Kingdom in these post-recession years. The economic recovery, essential to the wellbeing of the British economy, may be in jeopardy as inflation continues to rise, reducing the purchasing power of the public. This, in turn, reduces demand for goods and services, and could

Black Feminist - 1005 Words

According to Oxford English Dictionary, Black Feminist can be defined as a movement consisting of African American women advocating social, political, legal, and economic rights for women equal to those of men (Oxford English Press). Black feminism argues that sexism, social class oppression, and racism are inseparably bound together (Collins). The feminist movement has been around since the 1880s when the word â€Å"Feminism† appeared in the French language (Collins). The word found traction in Britain in the 1890s, and the United States in 1910, feminism sought to influence popular culture by its very presence and by its persistent demands to be recognized as the official voice of all women (â€Å"What is Feminism†). Although the Black feminist†¦show more content†¦These explanations analyze factors such as fear of dividing the minority community, lack of knowledge of feminism, the focus on male liberation in the black social movement in the 60’s, and the idea of matriarchy (Simons). Overall, black feminist, on the other hand, believe that racism, the major factor, hinders the development of feminist awareness among minority women and other problems that seem to arise within the feminist movement and community (Simons). To conclude, Black feminist are constantly striving to overcome sexism, class oppression, and racism. They have also argued that black women are positioned within structures of power in fundamentally different ways than white women (Collins). Black feminist organizations had to overcome three different challenges that no other feminist organization had to face. The first challenge these women faced was to prove to other black women that feminism was not only for white women (Burns). They also had to demand that white women share power with them and affirm diversity, and fight the misogynist tendencies of Black organizations (Burns). Black feminism argues that sexism, class oppression, and racism are inextricably bound together (Collins). All three aspects are related to one another through intersectionality, which is the study of intersections between different disqualified groups or groups of minorities; specifically, the study of theShow MoreRelatedBlack Feminist Politics And Praxis1293 Words   |  6 PagesBlack Feminist Politics and Praxis in Respect to UConn Reads Active Learning Activity Black Feminist Politics and theory grew out of many black women s feelings of dissatisfaction following the civil rights era, and the white female feminist movement throughout the 1960-1970s. During the early conceptualization process of black feminist theory, the women of this new movement, specifically Kimberlà © Crenshaw, came to name the term â€Å"intersectionality theory.† Black Feminist Politics and theory arguesRead MoreThe Feminist Psychoanalytic Theory Of Black Women Essay1856 Words   |  8 Pages The Feminist Psychoanalytic Theory encompasses the idea that the ideal â€Å"human person is a blend of positive feminine and positive masculine traits.† (Combs)Throughout history, Black women’s physical and mental strength have been demonized by the greater White society as negative masculinity and unwanted sassiness. By analyzing the actions of Black mothers in Annelise Orleck’s Storming Caesar’s Palace, the common preconceived notion of B lack women is refuted and dismantled. The Feminist PsychoanalyticRead MoreAnalysis Of Patricia Hill Collins Black Feminist956 Words   |  4 Pages Patricia Hill Collins black feminist philosopher has written books and spent extensive time on studying the central concept of feminist epistemology is that of women placed in a particular position or condition and hence of fixed knowledge: knowledge that reflects the particular perspectives of women. In her book Black Feminist Thought Collins, expresses her concern as a black women moving from her neighborhood in Philadelphia to Boston she says, â€Å"My world grew larger, but I felt I was growingRead MoreThe Black Feminist Thought By Patricia Hill Collins1794 Words   |  8 PagesPatricia Hill Collins’ piece, â€Å"Defining Black Feminist Thought†, sets out to do exactly that: to determine what Black Feminism is, who is a Black Feminist, and who can become a Black Feminist. While not always specifically stated, h er argument and analysis arises from the historical context of the role of Black women in feminist and activist spaces, as well as the social reality of differing lived experiences of Black women from traditional white female feminists. Created in 1990, Collins’ work is wellRead MoreAnalysis Of Patricia Hill Collins s Black Feminists1088 Words   |  5 PagesAmong the central claims of black feminists is the inseparability of the structures and systems of gender, race, and class. Most black feminists deny it is possible for women to focus exclusively on their oppression as women. On the contrary, each woman needs to understand how everything about her provides part of the explanation for her subordinate status. In Black Feminist Thought, Patricia Hill Collins explores the words and ideas of Black feminist intellectuals as well as those African-AmericanRead MoreMeridian Actin Womanish : Defining Womanism Black Feminist Thought Essay1505 Words   |  7 PagesActin’ W omanish: Defining Womanism Black Feminist Thought There are multiple definitions of a Womanist, though the same can be said about Feminists, it is important to make the distinctions between the two as well as identify the similarities. Alice Walker, author of Meridian, famously said, â€Å"Womanist is to feminist as purple is to lavender.† They share similar qualities and in the novel Meridian, the black female protagonist is an example of how claiming both black and female causes a need to theorizeRead MoreAnalysis Of Patricia Hill Collins Piece, Defining Black Feminist Thought1816 Words   |  8 PagesPatricia Hill Collins’ piece, Defining Black Feminist Thought, sets out to do exactly that: to determine what Black Feminism is, who is a Black Feminist, and who can become a Black Feminist. While not always specifically stated, her argument and analysis arises from the historical context of the role of Black women in feminist and activist spaces, as well as the social reality of differing lived experiences of African American women from traditional white female feminists. Created in 1990, Collins’ workRead MoreBook Review: Black Feminist Thought (Patricia Hill Collins) Essay1077 Words   |  5 PagesAlexandra Bobet HIST 3119 Spring 2013 Black Feminist Thought: Knowledge, Consciousness, and the Politics of Empowerment (review) Black Feminist Thought: Knowledge, Consciousness, and the Politics of Empowerment. Ed. By Patricia Hill Collins. (New York: Routledge, 2000. ii, 336 pp. Cloth, $128.28, ISBN 0-415-92483-9. Paper, $26.21, 0-415-92484-7.) Patricia Hill Collins’s work, Black Feminist Thought seeks to center Black Women into intersectionalist thought, addressing the power struggles thatRead MoreResearch Paper on Black Feminists1307 Words   |  6 PagesResearch Paper: Black Feminist Movement Different movements went on through segregation days where blacks and whites were separated. Some movements led to another. Such movements became very popular, and were moving fast towards freedom. However, some movements were not taking as serious as others. Such movements like the Black Feminist Movement, was not looked at as a major aspect to their black nation. Many had fail to realize that even women have strong voices to be heard in social, politicalRead MoreAnalysis Of Patricia Collinss Black Feminist Eye1125 Words   |  5 PagesIn today’s world with becoming a strong young black woman every day, my mind has expands toward the very things I never really knew and being mindful of black women’s experiences has familiarity of the structure of the black feminist. In Black Feminist Thought, by Patricia Collins, draws the attention to the theory of black feminist innovations and their opinions on women of color. She also embraces figures made by black women intellec ts who performed a role in evolving this theory. In similarity

Marketing Analysis of TESCO Free Samples †MyAssignmenthelp.com

Question: Discuss about the Marketing Analysis of TESCO in UK. Answer: Introduction TESCO is one of the well-known supermarkets launched in UK and gives a tough competition to its competitors such as ALDI, WOOLSWORTHS and others, which also offer a wide range of products like TESCO. It is also known as the multinational shop for groceries in Australia. The supermarket in this case also sells retail merchandise to the consumers of all range. TESCO is considered the third largest retailer in Australia after the two super giants mentioned above (Tesco 2017). TESCO saw its existence in 1919 as a market stall and slowly emerged from there. Its name slowly became known to others and appeared to the public in the year 1924. The company stared expanding internationally to other countries in the year 1990s. The products offered by the brand are clothing, electronics, foods, books and others. It has also expanded its market in various types of services such as internet services, financial services and others. The company offered its products in large volume and at low cost. T he market capitalization of the brand is about $18.1 billion and is listed in the London Stock Exchange (Tesco plc 2017). The paper focuses on the internal and external environment affecting the company TESCO and its expansion. Further, it will form a recommendation regarding the target market,marketing mix and product description of the new product that the company is recently aiming to launch. Recommendation Target market Targeting is one of the most important activities of any business while deciding about theirmarketing strategy and the way it wants to expand in the market. Targeting a market means a way of focusing on the group of people or customer to which the company wants to offer its products (Wirtz and Lovelock 2017). It is only through proper targeting strategy the company is able to design it products and pricing strategy accordingly. This is because a produce produces for the customers and thus targeting or segmenting its customers helps them to move fast with its activities. TESCO too needs to form a targeting strategy for the products it is aiming to launch in its stores. The new product that will be launched by the company will mainly aim at offering the product to the premium customers in the market (Barton 2015). Moreover, it will focus at offering the product to customers of all age range from juniors to the elderly. This is because the company mainly produces grocery products, which is useful for all type of customers. New Product description The company is planning to launch a new product in the company for expanding their business as well as customer range. It is planning to come up with the new range of Finest Grocery for its customers. It is done to increase the sales growth of the company and attract a better and much premium shoppers. The new range of grocery includes high quality chilled desert, coffee, red meat, tea, chilled ready meals, continentals and others. The products being introduced mainly include the things that are used by the high standard people that lead a busy life and prefer easy to use and eat foods and grocery items. The prices charged for these products will be five percent higher compare to the price charged by the company in its previous items. This will help them drive more premium customers for their products in different markets (Metcalf et al. 2016). Marketing Mix for new product The company also needs to formulate a proper marketing mix strategy for its product to get a better understanding of the type of price, product, promotion and place the company wants t focus (Khan 2014). Price: The new product that the company is aiming to introduce will be charged a high price compared to its previous grocery items. This is because the products are of high quality and mainly consists of foods consumed by rich society. Thus, there will be a five percent rise in the price of new grocery product compared to the old ones. Products: The Company is planning to introduce a wide range of Finest grocery products for the customers and will include chilled food items, deserts, ready to eat food and other premium items. Place: it will be available in all the TESCO outlets all over the world and will be distributed through distribution channels and intermediaries to the supermarkets and the other retail shops. This is because most of the products being introduced are TESCOs own products. Promotion: the company has changed its promotional strategy to launch its new product range in the market. It has used online portal to increase the awareness of its new product in the market. It has also focused at Buy 2 strategy in which it offered a pair of products at low price. References Barton, L., 2015. Active Positioning: The Importance of Relevancy.Journal of Marketing Perspectives,1, p.48. Khan, M.T., 2014. The concept of'marketing mix'and its elements (a conceptual review paper).International journal of information, business and management,6(2), p.95. Metcalf, L.E., Neill, S., R. Simon, L., Dobson, S. and Davis, B., 2016. The Impact of Peer Mentoring on Marketing Content Mastery.Marketing Education Review,26(3), pp.126-142. Tesco plc. 2017.Tesco PLC. [online] Available at: https://www.tescoplc.com/ [Accessed 12 Sep. 2017]. Tesco.com. 2017.Tesco - Online Groceries, Homeware, Electricals Clothing. [online] Available at: https://www.tesco.com/ [Accessed 12 Sep. 2017]. Wirtz, J. and Lovelock, C., 2017.Positioning Services in Competitive Markets. World Scientific.