The Internet Man s Greatest Double Edge Sword - 1326 Words

The Internet: Man’s Greatest Double Edge Sword The internet. It is one of man’s greatest technological achievements and useful tools, but also one of its deadliest and addicting drugs. And with each hallucinogen comes consequences. It starts small, as with any narcotic. Just five minutes on Pintrest, a quick tweet, or maybe a Facebook timeline update. But as time progresses, the signs and symptoms of this toxic habit become ever so present. Two and a half hours wasted, sleep deprivation, and even violent reactions are just a few of the various indicators that a person has been squandering copious amounts of time on the internet. As soon as a person enters the facebook web address into their browser, they slowly become immersed into the soft, glowing blue background that envelopes many people today. But this is not to say that the internet is purely evil. With the internet, people do not have to waste countless hours looking for books at the library for a resear ch essay. News spreads faster due to websites such as Fox News and CNN. People can now work on projects together from the comfort of their homes. Although the internet has positively influenced society in many ways, it has a done more damage to individuals than benefit by spreading bad news faster, wasting peoples precious time with useless games and phone applications, and introducing cyber bullying, all of which need to be stopped. The internet offers a multitude of resources are at one’s disposalShow MoreRelatedBusiness Information Systems31162 Words   |  125 PagesIT infrastructure. d. information system. Answer: c Difficulty: Medium Reference: p. 15 25. An intranet uses: a. mainframe technology. b. infrared telecommunications systems. c. the telecommunications capacities of fiber optic networks. d. internet technology within the boundaries of the firm. Answer: d Difficulty: Medium Reference: p. 22 26. The first step in the four-step model of business problem solving is: a. agreeing that a problem exists. b. identifying the problem. c. outliningRead MoreManagement Information Systems22991 Words   |  92 Pagesof the primary business objectives? A) Operational excellence B) Survival C) Customer and supplier intimacy D) Improved decision making 2) Journalist Thomas Friedman s description of the world as flat referred to: A) the flattening of economic and cultural advantages of developed countries. B) the use of the Internet and technology for instantaneous communication. C) the reduction in travel times and the ubiquity of global exchange and travel. D) the growth of globalization. 3) TheRead MoreSo, How Do People Really Use Their Handheld Devices? an Interactive Study of Wireless Technology Use13130 Words   |  53 Pagescontrol to preserve this sense of self. However, in this fast-forward age, they may also blur traditional boundaries to such a degree, that the lines delineating our sense of self will become shadowy and inconsequential. Just as our greatest strength is often our greatest weakness, we may ï ¬ nd that the challenges involved in harnessing technology within our own personal and organizational context will create a much stronger sense of self. How then, do normal people who ï ¬ nd * Correspondence to: FrancineRead MoreThesis - Information Operations in Strategic, Operational, and Tactical Levels of War23393 Words   |  94 PagesAND SUBTITLE: Information Operations In Strategic, Operational, And 5. FUNDING NUMBERS Tactical Levels Of War: A Balanced Systematic Approach 6. AUTHOR(S) Bunyamin Tuner 7. PERFORMING ORGANIZATION NAME(S) AND ADDRESS(ES) 8. PERFORMING Naval Postgraduate School ORGANIZATION REPORT Monterey, CA 93943-5000 NUMBER 9. SPONSORING /MONITORING AGENCY NAME(S) AND ADDRESS(ES) 10. SPONSORING/MONITORING N/A AGENCY REPORT NUMBER 11. SUPPLEMENTARY NOTES The views expressed in this thesis are those of the authorRead MoreUnited Arab of Emirates Country Notebook18844 Words   |  76 Pagesbehind the coastal plain in a triangle between the gravel plain and the mountain of the East and the sands of Saudi Arabia to the South. Far to the South, the oases of Al-Liwa are aligned in an arc along the edge of dunes which rise above 90m (300ft). Furthermore Dubai has been the world ´s catalyst regarding construction and project development until the world economic crises started. The world was able to witness the creation of palm jumeirah the world’s biggest artificial island. UAE has becomeRead MoreCrossing the Chasm76808 Words   |  308 Pagesover the past several years of consulting at The Chasm Group. Elsewhere, I took a slightly new angle on creating the competition and, when it came to the section on distribution, I have done my best to incorporate the emerging influence of the Internet. But the overwhelming bulk of the changes in this new edition—representing about a third of total text—simply swap out the original examples from the 1980s with new ones from the 1990s. Surprisingly, in the majority of cases this swap works veryRead MoreUnited Arab of Emirates Country Notebook18844 Words   |  76 Pagesbehind the coastal plain in a triangle between the gravel plain and the mountain of the East and the sands of Saudi Arabia to the South. Far to the South, the oases of Al-Liwa are aligned in an arc along the edge of dunes which rise above 90m (300ft). Furthermore Dubai has been the world ´s catalyst regarding construction and project development until the world economic crises started. The world was able to witness the creation of palm jumeirah the world’s biggest artificial island. 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Agromas Free Essays

string(66) " the development of the product, the market and the entrepreneur\." [pic] UNIVERSITY OF TECHNOLOGY MARA UiTM SHAH ALAM BRM 681 BUSINESS RESEARCH METHODOLOGY PERFORMANCE DETERMINANTS OF FAMA’S AGROMAS PRODUCTS IN SHAH ALAM PREPARED FOR: DR. NOORAINI MOHAMAD SHERIFF PREPARED BY: FARIDAH NOR MOHD MOKHTAR 2011514043 MOHD ADY AZRI ISLAKHUDDIN 2011729145 NUR ZULAIKHA ABD AZIZ 2011356423 SITI KHADIJAH MOHD MOKHTAR 2011926713 CLASS: BM 7701CF TABLE OF CONTENTS CHAPTERS 1. INTRODUCTION 1 1. We will write a custom essay sample on Agromas or any similar topic only for you Order Now Background of Study 1 2. Background of Company 2 3. Scope of Study 5 4. Problem Statement 5 . Research Objectives7 6. Research Questions8 7. Theoretical Framework8 8. Significance of Study8 9. Limitations of Study9 2. LITERATURE REVIEW10 1. Introduction 10 2. Sales Performance10 3. Promotion Effectiveness11 4. Availability of Product12 3. RESEARCH METHODOLOGY14 1. Research Design14 2. Sampling Frame14 3. Sample Size14 4. Sampling Technique15 5. Data Unit Analysis15 6. Data Collection Procedures15 7. Survey Instrument 15 8. Validity Instrument16 9. Data Analysis Plan 16 4. REFERENCES17 APENDIXES19 CHAPTER 1 INTRODUCTION 1. INTRODUCTION As far as eating-out is concerned, Malaysia is one of the countries in the world where a family can afford to eat out almost every day of the week. Depending on one’s budget, the choice of eating places can range from posh hotels and chic sidewalk cafes to fast-food joints and hawker stalls. The variety of international and local cuisines available in almost all major commercial centers has influenced consumer’s desires, tastes and preferences. One thing that can be noticed about the Malaysian nowadays, they are more driven towards fast, easy and instant product. This is noticeable more on the urban area where most people are having a very busy lifestyle. Malaysia’s consumer lifestyle has been evolving and changing due to rising of affluence and education levels. So this is the other factor that consumer today are concern towards fast, easy and instant product consumption. Malaysians are becoming more westernized, sophisticated and cosmopolitan. Admenment 1. Background of Study Although the fast growth in sales of instant food products has intrigued researchers’ interests, most existing research on the food industry has dealt with marketing strategies more than consumer’s behavior. Without in depth understanding of consumer behavior for this product category, it is difficult to devise effective marketing strategies. Furthermore, there are numerous studies regarding consumer’s attitudes and purchase behaviors the food products. It is also to be remembered that well organized production process and innovative product are in vain, if the consumer doesn’t like it, then the product is not viable in the market. It is necessary to recognizing the consumer behavior at the product and it is important to know what strategies of marketing that the products need to apply in order to increase sales performance. Availability of certain product itself also gives big impact to company sales performance. For deep understand of sales performance, it necessary to look out company products as well as marketing strategies that they used. The  Pareto principle  also known as the  80–20 rule, states that, for many events, roughly 80% of the effects come from 20% of the causes. However in business situations it can be define as â€Å"80% of your profits come from 20% of your product†. Based on researchers study, researchers only focus one roduct that most generate sales in the company which is instant coffee. 2. Background of Company Established on 30 September 1956, the Federal Agriculture Marketing Authority (FAMA) is a marketing agency established by the Government under the Ministry of Agriculture and Agro-based Industry. As the Government’s marketing arm for agricultural products, FAMA is responsible for various marketing activities. Amongst its responsibilities are to set targets and product standards, monitor performance, as well as develop marketing strategies for Malaysian agricultural products. Moreover, it also runs the purposes to supervise, coordinate, regulate and develop the Malaysian agriculture produce, including import and export. FAMA organizes marketing activities, set targets and product standards, monitor performance, develop marketing strategies and tools as well as initiate innovative programs to promote Malaysian agricultural products. FAMA organizes promotional and national branding particularly for local agriculture produce producer and marketer to help them gain a market share in domestic and international markets. It give the intention towards the efforts on developing agriculture produce and food products exporter and entrepreneur and developing Malaysia’s Best and OleMas and/or AgroMas brands. 1. VISION To be the paramount leader in food marketing and agricultural produce. 2. MISSION Develop food marketing chain and agricultural produce that is efficient and effective to increase value to our clients. 3. OBJECTIVES a) Realizing ? Wawasan Negara and Dasar Pertanian Negara ? to make Malaysia as world food major producer through the efficiency and effectiveness for agriculture food product. ) Marketing infrastructure development and supply chain system that is efficient and effective. c) Market developments on agricultural food produces and increase the demand of it internally and outside the country. d) Driving human resource capability in knowledge based agricultural marketing and latest technology. 4. MAIN FUNCTION a) Coordinate agriculture marketing activities whether which involves private party or department / government agency. b) Improve marketing system and expand also to develop new market for Malaysian agriculture results. ) Collaborate with private party and department / government agency to create agricultural marketing with efficient and effective. d) Develop management that is efficient in agro-industry over marketing activity or agricultural products processing, and e) Involve directly in agriculture industry especially in marketing activity or agricultural products processing. 5. MARKETING CONTRACT (AGROMAS) Under the Federal Agriculture Marketing Authority (FAMA), there are two main brands that they market that are AgroMas and OLE MAS. AgroMas is brand that was developed by FAMA which responsible FAMA market that products. FAMA has introduced the â€Å"AgroMas† brand to promote agro products that have the potential for the domestic and export markets. FAMA had been using the AgroMas brand in assisting the development of agricultural products, particularly food products manufactured by SMIs, by expanding their markets, enhancing profitability of the enterprises and adding value to the selected fresh produce. Under the processed-food marketing division, FAMA focuses on the development of the product, the market and the entrepreneur. You read "Agromas" in category "Essay examples" This approach has helped the agro-based processed-food entrepreneurs to become FAMA vendors. The agricultural products carrying the AgroMas branding must conform to quality and standards set by FAMA and must undergo a stringent assessment procedure. Before the food products could adopt the AgroMas branding, FAMA would identify those with high market potential by carrying out assessment based on factors such as factory hygiene, customer’s feedback and capability of the product in meeting market demands. Only after passing a stringent assessment procedure would FAMA committee decides whether the product is fit to bear the AgroMas label. Since last year, 2010, more and more new products under AgroMas brand name are developed as FAMA aims at boosting its sales through AgroMas brand, it has identified several unfailing marketing strategies. To date, there are some 34 agricultural products as well as SMIs that are using the AgroMas brand. For the global market, FAMA is collaborating with local companies with marketing network overseas. There are several AgroMas food products have already penetrated the international market, among others in Singapore, Indonesia, Brunei, Indonesia, West Asian countries and the European Union. Apart from expanding geographically, FAMA is also increasing distribution of AgroMas food products that are in high demands. This is to make the products available more widely in the general consumer market. Presently AgroMas food products can only be found at selected supermarket such as Giant, Tesco, Carrefour, Mydin and their own FAMA AgroBazaar outlet stores. 3. Scope of Study This study is being conducted in the area of Shah Alam to look at the factors that poor sales performance of AgroMas. This study will involve the customers of Agro products. This study also will involve 100 respondents and will be distribute. 4. Problem Statement AgroMas seems to be a product of Malaysia that had been in the market for a very long time. They have the quality, great packaging, and as well strong brand name and among the finest taste of Malaysian brand. Under the processed-food marketing division, FAMA focuses on the development of the product, the market and the entrepreneur. This is to assist towards the development of agricultural products, particularly food products manufactured by SMIs. As for the development of more products being introduced in the market, it is expecting increasing market growth from it as to promote agro products that have the potential for the domestic and export markets. However, the problem faced by AgroMas is that they are having poor sales performance. Agromas actually are target to increase their sales at least 20% per year but unfortunately their just able to archived average growth rate 13. 33% since 2008. To know view and what problem that faced by AgroMas, we had personally interview En. Noor A’zizi Omar, the Economic Affairs Assistant Officer at FAMA Shah Alam and he had mention about this problem faced by AgroMas. He said that, one of the reasons why AgroMas sales performance is poor because ineffective of promotional mix. If not, of course AgroMas have been expand more markets and well known by more Malaysian consumers. He added that AgroMas team actually had produce TV commercials and billboard advertisement along certain highways but them still not having good sales performance. He also said, to measure sales performance there are involved 3 steps which are, first is based on order received, second is outflow of stock and lastly is when company received payment from customers. |Year |2008 |2009 |2010 |2011 | |Sales (RM) |112,240 |134,688 |161,626 |193,951 | |Increase % |- |20 |20 |20 | Table 1: Expected Annual sales by year Table above show the expected sales that should be received by AgroMas but because of ineffective of promotion mix there are failure to achieve their target. |Year |2008 |2009 |2010 |2011 | |Sales (RM) |112,240 |125,709 |135,766 |150,700 | |Increase % |- |12 |8 |11 | Table 2: Actual Annual sales by year Table above show the actual annual sales received by AgroMas. It shows that the higher sales rate just only 12% which is in 2009 and the lowest sales rate is only 8%. This is not achieving AgroMas target for sales which is expected to increase sales up to 20% per year. For more understanding regarding the expected and actual sales performance for AgroMas for determinants of poor performance sales, we can refer to graph below: [pic]Source: Myfinancial – Selangor State Commodity Report. Graph 1: AgroMas Annual Sales by Year As from the AgroMas annual sales graph attached above, it had showed slightly increases of sales throughout the past four (4) years from 2008 till 2011. But unfortunately, the slightly increasing sale of AgroMas products still can’t achieve their own sales target. It is because AgroMas already aimed the target that they must at least increase their sales in 20% per year. But the result showed all of the year the sales are increase less than 15%. That means that AgroMas not achieve their sales target and it comes to problem for them. Thus, this study is to identify how to increase sales of AgroMas products. This might help AgroMas to come out with unique and effective strategies in the future. 5. Research Objective 1. To determine the relationship between promotion effectiveness and sales performance of Agromas. 2. To identify the relationship between availability of product and sales performance of Agromas. 6. Research Question 1. How does promotion effectiveness affect sales performance of Agromas? 2. How does availability of product by Agromas Products effect sales performance? 7. Theoretical Framework 8. Significant of Study 1. Significant to the Public This study is to determine what the factors for the customer to patron Agro Bazaar Kedai Rakyat in Shah Alam. This study can help identifies the main factors that contribute to the patronization of Agro Bazaar Kedai Rakyat. It also can identify the degree of public satisfaction through the service offered by Agro Bazaar Kedai Rakyat. 2. Significant to the Researcher In this study, researcher can apply all the knowledge that we had learned in the subject of Research Methodology and Retail Study. Researcher cans personally being exposed to the working environment before entering the real working condition. At certain time, the experience and knowledge that we gain can also be used in the future especially in solving problem. 3. Significant to the FAMA and AgroMas The main purpose of doing this research is to determine the patronization of Agro Bazaar Kedai Rakyat in Shah Alam. This research is important in order to identify what are the factors that lead to consumer patronization towards Agro Bazaar Kedai Rakyat in Shah Alam. The outcome of the study will be useful to Agrobazaar in helping the improvement of the retail store. Results of the improvement effort also will benefit the public. In the long run, this study may be used as a reference for evaluating the customer satisfaction and patronization towards other local retail store. 9. Limitations of Study 1. Availability of Data The study is based on the data collected from the secondary sources. Therefore the accuracy of this study depends on the publish data. 2. Time constraint Time constraint has been encountered ever since the study has been started on the early semester. The progress of the work has not been done smoothly as the time spends must be divided between the tasks given by the company where the practical training is held as well as the time to complete the research. 3. Lack of Experience It is difficult to conduct a research due to the lack of experience since first time involved in conducting research. Although there are many problems, full of commitment is given to finish the research and to overcome such barriers. CHAPTER 2 LITERATURE REVIEW 2. INTRODUCTION Literature review is a critical summary and an assessment of the current state of knowledge or current state of the art in a particular field. Literature review also can be define as the selection of available documents (both published and unpublished) on the topic, which contain information, ideas, data and evidence written from a particular standpoint to fulfill certain aims or express certain views on the nature of the topic and how it’s to be investigated, and the effective evaluation of these documents in relation to the research being proposed. 1. Sales Performance The first variable in this research is sale performance. Managers and researchers are interested in how to develop more effective selling strategies for increased sales performance which can contribute to the creation of strong and long-lasting positive relationships with customers (Ghazaleh Moghareh Abed and Mohammad Haghighi, 2009). Researchers believe that these approaches can create more flexible, responsive partnerships, thereby improving the firm’s performance especially on sales. Furthermore, competition is stronger due to market globalization, and technology is continually becoming more advanced (Anderson, 1996; Wotruba, 1996). Producing the best available product is not enough but it also has to be sold. If companies want to survive in their market, they must pay great attention to the availability of their products and marketing strategies. This makes it important for companies to understand what ‘things’ influence their sales of performance. Identification of the relative influence of these determines factors can be used to focus a company’s efforts on the areas that are most important, improving the sales performance. To achieve and maintain good sales performance, therefore, retailers must pursue a retail strategy that aligns closely with customer merchandise preferences (Andrew J. Newman, Darshika Patel, 2004). When attempting to ascertain the reason for poor levels of sales performance, it is reasonable to assume that this may be due to ineffective positioning (Davies and Brooks, 1989), and a failure of the retailer’s positioning marketing strategy. This is an integrated management activity that takes in elements of the retail mix such as merchandising, store formats, sales staff interaction, promotional efforts (Walters and Laffy, 1996) and reputation. These factors create a point of differentiation, separate retailers from the competition, and create the retail brand. It can be assume that because of the image brand of others food products such as Adabi, Babas, Maggie and etc; it can affect the sales performance of the AgroMas company. In the other hand, retail management strategies ensure that the most stylish merchandise is available in the stores at the right time, and thus maintains brand image in the minds of the customer (Newman and Cullen, 2002). Therefore it is one of the reasons why AgroMas facing poor sales erformance due to availability of their products in the markets. So it is important to place AgroMAs products at the right time, right price and the most importantly are at the right place or store therefore to increase their sales volume and sales performance. 2. Promotion Effectiveness The second variable in this research is promotion effectiveness. This section will be discussed any data or previous study that rela tes to advertisement or promotion by target markets. Generally, promotion is communicating with the public in an attempt to influence them toward buying your products or services. One of the ways to promote the product is through television program. The more that brand involving the program, the more positive the ad response (David w. Llyod and Kevin J. Clancy). In addition, the content had been easy to understand for the passive viewer who wants to feel good stories that are not to serious and too demanding critical thinking (Joyce M. Wolburg). By referring AgroMas case, in order to ensure the products are aware by customer, AgroMas create documentary about the AgroMas product which is most of the product is agriculture product. As a result, the customer know how the product are be prepared by the AgroMas from the raw materials until finished goods. Besides that, physical attractiveness in an advertisement would influence purchase intention. Further, the influence of a physical attractiveness is also dependent on the product involvement of the consumers, familiarity with the products and the relative establishment of the strength of the advertised brands (Ian Phau, Linda Lam, 2000). Method that had been used by AgroMas in order to ensure the customer get knowledge about their product is involved in exhibition. In addition, the visitors emphasise information gathering, particularly information about new products, so the objectives of improving the company’s image and of gaining an edge on non-exhibitors would appear to be realistic non-selling objectives. From that exhibition, AgroMas can influence people who come to their booth to purchase their product especially instant coffee. That is the best way in order to do the promotion of their product. 3. Availability of Product When a demand curve is matched with a supply curve, the result predicts both the price and quantity of goods sold in a competitive market (Rob Docters, Bert Schefers, Tracy Korman, Christine Durman, 2008). However when demand curve is not matched with supply curve it call shortage or surplus. Sometimes because of surplus of good it make some of retailers refuse to market or sell of products anymore, therefore it makes the particular products not available in the certain retails stores. Availability of certain products is from the impact of disturbances of past purchase patterns on brand loyalty and long term demands for products. Even in days of plenty, brand loyalties were strongly influenced by the controlling factors of market structures and the constraints they imposed on the availability of products in the final market (Philip B. Schary, Boris W. Becker, 1993). According to AgroMAs case seems look that one of the factors their products availability is because of customers brand loyalty. Customers used to choose their brand loyalty such as Nestle compared to products that they don’t know at all. There is no consumer interest, by definition, in specific brands. It is due to customers having learned about the product through promotion and experience, demand is responsive to degrees of product availability. Physical distribution is one of factors that effects on the market place thus, more effort in distribution leads to higher levels of sales (Philip B. Schary, Boris W. Becker, 1993). Increased numbers of outlets, increased inventory service by intermediaries or is it a result of increased perception of the product by consumers as a result of additional shelf-space allocation by the retailer (Rob Docters, Bert Schefers, Tracy Korman, Christine Durman, 2008). Based on AgroMas situations, their physical distribution is so limited whereas they only supply the products to the certain wholesalers or retailers only. Therefore, it is difficult to find AgroMas’s products available in the markets. Moreover, the retailer seldom has the same degree of interest in the specific brand that his supplier does, because he is trying to solve a different problem: how to compete with other stores (Philip B. Schary, Boris W. Becker, 1993). That means, manufacturer can influence a retailer to stock his products by promotional effort to a far greater degree than by logistics offerings. In many product classes, it appears that consumers are more store loyal than product loyal. This in turn shifts the struggle for influencing sales through availability from the consumer directly to the retailer as intermediate decision maker. CHAPTER 3 RESEARCH METHODOLOGY 3. INTRODUCTION This chapter deals with the details that are critical in executing a meaningful and accurate report on this study. As business research covers a wide range of phenomena, not all areas will be discussed, however, general concepts or any relevant information and rationalization of chosen approaches will be. . Research Design The research of this study will use descriptive research which describes the characteristics of an existing phenomenon. Descriptive research falls under non-experimental research. It provides a broad picture of a phenomenon and focuses on events that occur in the present (Salkind, 2009). Therefore, the research will be conducted by using descriptive research in order to study the performance of poorsales for fama’s agromas products. 2. Sampling Frame The sampling frame that will be used in this study is the customer who shops at the store who sells AgroMas products and also publics who once head about AgroMas products. 3. Sample Size According to Sekaran and Bougie (2010), a sample should be big enough to help answer the research question accurately, but not so big that the process of sampling becomes uneconomical and inefficient. If the sample too small, it is not representative of the population and too large to overkill. Although, the less representative the sample is of the population, the more sampling error is present. Therefore, in this study, the researchers decided to select 100 respondents because of feasibility reason since it is not easy to approach customers who are in the middle of shopping, and not to forget the publics around Shah Alam too. 4. Sampling Technique The sampling technique that will be used in this study is simple random sampling under probability sampling strategies. Each customer of the population has an equal and independent chance of being selected to be part of the sample. Equal means there is no bias that one person will be chosen rather than another. Then, an independent means the choice of the one person does not bias the researcher for or against the choice of another (Salkind, 2009). 5. Data Unit Analysis The unit of analysis will be the individual (walk in) customers and publics around Shah Alam. 6. Data Collection Procedures Data collection procedure that will be used for this study is questionnaires. The advantages of using questionnaire are it is less expensive to be administered, almost 100 percent response rate ensured and convenience to the respondents to give their feedback. The questionnaires will have cover to provide information regarding the topic that the study focuses. Questionnaires will be distributed to walk in customer specific retail shop which sells AgroMas products. The cover of questionnaires will be explaining the objectives of the study. The researcher will distribute the questionnaires to respondents and collect promptly once done within that day. 7. Survey Instrument The instrument that will be use in this study is questionnaire. The items of questionnaires will be formulated according the research objectives and the research question in this study. The questionnaires will be divided into four sections. Section A will be focus on respondents’ demographic background such as gender, race, age, religion, occupation and marital status. For section B, the item will be focus on the promotion effectiveness. For section C, questionnaires focus on availability of products. Lastly, Section D will be focus on sales performance. In addition, the research uses Nominal as a level of measurement for the questionnaires in section A and for other sections (B, C, D) researches using Interval. In order to meet the purpose of this study, Likert Scale with the range of 1 to 5 points being used started 1-Strongly Disagree, 2-Disagree, 3- Neutral, 4-Agree, and 5-Strongly Agree. And not to forget the numerical scale on Section D where researcher uses the 10 scale of extremely satisfied and extremely dissatisfied. 8. Validity of Instrument The questions will be validated in order to ensure the questionnaires that have been used for the method in this study are valid. The important of questionnaires will be tested for the face and content validity. The questionnaires related the factor that influencing sales performance adopted from the past research. Afterward, the researcher will select panels of expertise from Faculty of Business Management to check for content and validity. The questionnaires will be checking by experts in the field to ensure the researchers did not get any mistake when conducting the questionnaire for this study. Thus, the questionnaires will be in line with the objectives for this research. The effectiveness of the questions is very important to maintain the validity of instrument. 9. Data Analysis Plan Data analysis explains the techniques to analyze data obtained from the questionnaire. The statistic use is descriptive statistic. Data collected in the study will be analyzed using Statistical Packages for Social Science (SPSS) version 17. 0. The analysis in this study will involve descriptive statistical (frequencies and percentages) which include frequencies and mean, mode, and standard deviation. 4. REFERENCES Anderson, R. E. (1996), ‘‘Personal selling and sales management in the new millennium’’,Journal of Personal Selling and Sales Management, Vol. 16 No. 4, pp. 17-32. Andrew J. Newman, Darshika Patel, (2004),†The marketing directions of two fashionretailers†, European Journal of Marketing, Vol. 38 Iss: 7 pp. 770 – 789 (Davies andBrooks, 1989). David W. Lloyd, Kevin J. Clancy, (1993),†Television program involvement and advertising response†, Journal of Consumer Marketing, Vol. 8 Iss: 4 pp. 61 – 74 Ghazaleh Moghareh Abed, Mohammad Haghighi, (2009),†The effect of selling strategies onsales performance†, Business Strategy Series, Vol. 10 Iss: 5 pp. 266 – 282. Ian Phau, Linda Lam, (2000), â€Å"Effects of â€Å"physical attractiveness† in the evaluation of print advertisements†, Asia Pacific Journal of Marketing and Logistics, Vol. 12 Iss: 4 pp. 41 – 59 Jim Blythe, (1999),†Visitor and exhibitor expectations and outcomes at trade exhibitions†, Marketing Intelligence Planning, Vol. 17 Iss: 2 pp. 100 – 110 Joyce M. Wolburg, (2001),†Misplaced marketing: Why television is the â€Å"wrong† environment for public service advertising campaigns†, Journal of Consumer Marketing, Vol. 18 Iss: 6 pp. 471 – 473 Kotler, P. (1973-74). Atmospherics as a marketing tool. Journal of Retailing, 49 (November),48- 64 Salkind, N. J. (2009), Exploring Research. Ed. 7th . New Jersey: PearsonEducation. Philip B. Schary, Boris W. Becker, (1993),†Product availability and the management ofdemand†, European Journal of Marketing, Vol. 10 Iss: 3 pp. 127 – 135. Rob Docters, Bert Schefers, Tracy Korman, Christine Durman, (2008),†The neglecteddemand curve: how to build one and how to benefit†, Journal of Business Strategy,Vol. 29 Iss: 5 pp. 19 – 25. Sekaran, U. , and Bougie, R. (2009), Research Method for Business: A Skill BuildingApproach. Ed. 5th. John Wiley and Son. Walters, D. and Laffy, D. (1996), Managing Retail Productivity and Profitability, Macmillan,London. Newman and Cullen, 2002). APENDIXES Operationalize Map [pic] [pic] Serial Number Dear Sir/Madam, We, Faridah Nor Mohd Mokhtar (2011514043), Nur Zulaikha Abd Aziz (2011356423), Mohd Adi Azry Mohd Islakhuddin (2011729145) and Siti Khadijah Mohd Mokhtar (2011926713) are students of Master Business Administration (MBA) from Universiti Teknologi MARA (UiTM). Current ly, we are conducting a research regarding a topic of Performance Determinants of FAMA’s AgroMas Product in Shah Alam. As part of this reason, we are seeking your kind cooperation in answering this questionnaire as truthful as possible. All information given will be treated with strict confidence and will be used for the purpose of the study only. If you need any clarification please contact the researcher Faridah Nor Mohd Mokhtar at +60139664694. Thank You. SectionA: Demographic Profile A1. Gender: 1) Male 2) Female A2. Age: 1) 18-25 years old 2) 26-33 years old 3) 34-40 years old 4) 40years old and above A3. Race: 1) Malay 2) Chinese/ Cina 3) Indian/ India 4) Others : Please specify: _____________ A4. Highest Education: 1) SPM 2) STPM 3) Diploma 4) Degree 5) Others : Please specify :_________________ A5. Employment: ) Government Employee 2) Private Sector Employee 3) Others : Please specify: _____________ A6. Monthly income: 1) ; RM2,000 2) RM2,001 – RM 4,000 3) RM 4,001 – RM 6000 4) ; RM6,000 Section B: Promotion Effectiveness For Question B1-B9, you should circle your choice of answer according to the scale given. |Strongly Disagree |(2) Disagree |(3) Neither Disagree |(4) Agree |(5) Strongly | | | |Nor Agree | |Agree | B1. You have a positive reaction towards AgroMas promotion |1 |2 |3 |4 |5 | |B2. You think AgroMas Instant Coffee’s promotion are convincing |1 |2 |3 |4 |5 | |B3. You find AgroMas Instant Coffee ‘s promotion was interesting and |1 |2 |3 |4 |5 | |memorable | | | | | | |B4. You always satisfied with the taste of Agromas Instant Coffee |1 |2 |3 |4 |5 | |B5. You would recommend to someone else about Agromas Instant Coffee |1 |2 |3 |4 |5 | |B6. You never seen any AgroMas Instant Coffee commercial advertisement of |1 |2 |3 |4 |5 | |AgroMas Instant Coffee on the television | | | | | | |B7. You are now more likely to shop at AgroMas after the promotion advertised |1 |2 |3 |4 |5 | |B8. You would like to see any changes in AgroMas future promotion |1 |2 |3 |4 |5 | |B9. You think that AgroMas Instant Coffee are better than the others available in |1 |2 |3 |4 |5 | |the market | | | | | | Section C: Availability of Products For Question C1-C7, you should circle your best choice of answer according to the scale given. |Strongly Disagree |(2) Disagree |(3) Neither Disagree |(4) Agree |(5) Strongly | | | |Nor Agree | |Agree | |C1. The availability of AgroMas Instant Coffee are hard to find |1 |2 |3 |4 |5 | |C2. The shelf space allocation of AgroMas Instant Coffee are accessible |1 |2 |3 |4 |5 | |C3. You see many places sell AgroMas Instant Coffee |1 |2 |3 |4 |5 | |C4. You willing to switch currently brand preferences to AgroMas Instant Coffee |1 |2 |3 |4 |5 | |C5. The selling location of AgroMas Instant Coffee is located at high traffic area |1 |2 |3 |4 |5 | |C6. The store location choosen by FAMA usually convenience to consumer |1 |2 |3 |4 |5 | |C7. You think demand do not affect the availability of AgroMas Instant Coffee |1 |2 |3 |4 |5 | |C8. It is easy to repeat purchase of AgroMas Instant Coffee |1 |2 |3 |4 |5 | Section D: Sales Performance For Question D1-D8, you should circle your best choice of answer according to the scale given. |Strongly Disagree |(2) Disagree |(3) Neither Disagree |(4) Agree |(5) Strongly | | | |Nor Agree | |Agree | D1. You satisfied with the AgroMas Instant Coffee commercial advertisement |1 |2 |3 |4 |5 | |D2. You satisfied with the AgroMas product availability |1 |2 |3 |4 |5 | |D3. You satisfied with the AgroMas product quality |1 |2 |3 |4 |5 | |D4. You satisfied with the taste and preferences of AgroMas Instant Coffee |1 |2 |3 |4 |5 | |D5. You satisfied with the AgroMas Instant Coffee packaging |1 |2 |3 |4 |5 | |D6. You think that retailer play an important role in influencing the consumer |1 |2 |3 |4 |5 | |purchase | | | | | | |D7. You think that relationship of retailer and consumer are important in |1 |2 |3 |4 |5 | |influencing sales of AgroMas Instant Coffee | | | | | | |D8. The brand image of AgroMas Instant Coffee will tremendously influence |1 |2 |3 |4 |5 | |sales | | | | | | Thank You for your time! ———————– Availability of Products Poor Sales Performance Promotion Effectiveness DEPENDENT VARIABLE (DV) INDEPENDENT VARIABLE (IV) PERFORMANCE DETERMINANTS OF FAMA’S AGROMAS PRODUCTS IN SHAH ALAM Source: [pic][? ]3ertâ„ ¢Ã¢â‚¬ º?  ©Ã‚ ­A? COiioy†,-BCT^aO? A ¶Ã‚ ¬A? —A— „—wj`UHj`UHwj`Uh} ih’gOJQJ^J[? ]h} ih} iOJQJh} iOJQJ^J[? ]h} ih} iOJQJ^J[? ]h} ih2 eOJQJ^J[? ]h’Philip B. Schary, Boris W. Becker, 1993) Source: Jim Blythe, 1999) How to cite Agromas, Essay examples

Internet in our lives Essay Example For Students

Internet in our lives Essay A new day on Wall Street. The Internet is changing the way the brokerage industry does business. Today more and more investors are electing to trade via the Internet and avoid contact with a broker all together. Are the days of the large full service broker over or will there be a compromise between full service and self-direction? Has the rapid advancement in information technology helped the brokerage industry or hurt it? What role will IT have on the future of trading? Just a few years ago all trades were done by calling a brokerage and talking to a broker who usually tried to push some hot stock and charged you a large sum to purchase the shares you wanted. The 70’s gave way to a new era of discount brokers. The discount brokers provided the means to make trades at a significantly lower cost but at the expense of less informative and directed services. These discount firms utilized new computer technologies to process trades and opened up investment opportunities for many that would not have previously considered purchasing securities. With improved IT capabilities and the introduction of the Internet the discount brokers were able to open the door even further by reducing trading costs and developing user friendly platforms for investors. The Brokerage industry is one driven by quality customer service and high profits. Investors want to maximize there investments at a reduced cost but still receive the highest level of service and information available. In the past investors were restricted by the amount of control they had over their investments, brokers made recommendation, pushes, and did the actual purchasing. Today with the addition of the PC and online capabilities investors can choose what, where and when they invest. By utilizing online resources investors can perform the research and analysis that was once primarily done by brokers. This new technology is having a dramatic effect on the way brokerages operate. The once small discount broke rs are utilizing the Internet to take over a whole new market segment and the larger full service brokerage companies are rallying to add online services. This paper will explore these effects and how the industry is responding as well as address the questions raised in the opening. Selling securities via the Internet is easy and fast. Brokerage firms are offering their services on the Internet and this is reshaping the industry. Charles Schwab is one of these firms and it is dominating the online trading market. By seeing the potential the Internet offers and entering early Schwab has been able to revolutionize trading. According to a statement made by Schwab President and CEO David S Pottuck â€Å"Schwab and the securities markets experienced unprecedented volumes in January†¦ The investments we have made in capacity enabled our Web site to handle 1.2 billion hits during January, approximately double the October 1998 level†. It was also reported in a article by on Yaho o’s web page that Schwab â€Å"†¦ customers funneled 153,000 trades a day through its intent site in January, up 65% from 93,000 a day in the fourth quarter (ic1998). †¦ customers held a record $521 billion in assets†¦ Unlike Schwab Merrill Lynch has been the leader in the brokerage industry for many years. Until recently Merrill Lynch is has maintained its role as a full service provider without the addition of online trading. Although they have decided to enter the online trading segment they still want to maintain their high broker network and personal service. Merrill feels the Internet should be an extension of their services and not just a service in itself. They have elected to only offer online trading to a select few of their customers and charge commissions on a sliding scale. What does the future hold for the brokerage industry? According to many of the firms the future will consist of mainly low commission online trading with the availability of an experienced professional. this is evident by the moves that companies are making now. The industry is striving to develop detailed easy to use platforms for the individual investor while at the same time provide personal service when desired. The advancement of IT will enable brokers to spend less time dealing with the customer and more time researching the market and developing strategies for the individual investor to use. Some other key factors to be incorporated 1. Reduce cost for industry and investors 2. Increased number of investors 3. Increased number of trades 4. Increased information available 5. Improved response time to market indicators 6. Response to system failures and backups 7. Competitiveness of smaller companies .u2d27444ca65eb7202ddfea5b47e2533b , .u2d27444ca65eb7202ddfea5b47e2533b .postImageUrl , .u2d27444ca65eb7202ddfea5b47e2533b .centered-text-area { min-height: 80px; position: relative; } .u2d27444ca65eb7202ddfea5b47e2533b , .u2d27444ca65eb7202ddfea5b47e2533b:hover , .u2d27444ca65eb7202ddfea5b47e2533b:visited , .u2d27444ca65eb7202ddfea5b47e2533b:active { border:0!important; } .u2d27444ca65eb7202ddfea5b47e2533b .clearfix:after { content: ""; display: table; clear: both; } .u2d27444ca65eb7202ddfea5b47e2533b { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u2d27444ca65eb7202ddfea5b47e2533b:active , .u2d27444ca65eb7202ddfea5b47e2533b:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u2d27444ca65eb7202ddfea5b47e2533b .centered-text-area { width: 100%; position: relative ; } .u2d27444ca65eb7202ddfea5b47e2533b .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u2d27444ca65eb7202ddfea5b47e2533b .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u2d27444ca65eb7202ddfea5b47e2533b .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u2d27444ca65eb7202ddfea5b47e2533b:hover .ctaButton { background-color: #34495E!important; } .u2d27444ca65eb7202ddfea5b47e2533b .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u2d27444ca65eb7202ddfea5b47e2533b .u2d27444ca65eb7202ddfea5b47e2533b-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u2d27444ca65eb7202ddfea5b47e2533b:after { content: ""; display: block; clear: both; } READ: The road not taken Essay