One important way monopolistically competitors differentiate their Essay

One important way monopolistically competitors differentiate their products is by location - Essay Example One such strategy involves locating shopping areas, influenced by vacation trends of consumers. Such retailers establish shopping areas either at central areas of consumer’s trip or in vacation destinations. This locational strategy has been successful to the retailers. In the short term, retailers have increased sales during the vacation times. This is because consumers who have made vacation trips prefer doing their shopping at central points of their trip (Campbell 8). On the other hand, considering a long-term strategy, particularly when several factory retail outlets cluster together in an area, they become an attraction to shoppers. Such clusters are popular since this form of vacation retail is enjoyable to the consumers. It can be because many consumers usually treat themselves with shopping when travelling than when at home. Another retail strategy based on location involves the providence of convenience to consumers. This is in particular to urban centers where shopping is an activity to compete with other activities. As such, there is the need to save on time by the consumers (Campbell 9). Retail areas close in terms of location often have those goods in high demand such as liquor or video stores. However, also based on convenience, for other exotic goods, consumers prefer areas with clusters of stores. Such areas thus have high traffic flow in terms of consumers. In the short term, this strategy of situating shopping areas in the most convenient areas beams of success because consumers want value for their time and it enables them to shop for related items in the same area. This strategy will succeed in the long term. This can be related to the convenience created by clusters of shopping stores in various areas. Consumers prefer such areas since they will get goods they need all in one trip. It also helps to avoid the hustle of comparing goods for infrequent but costly

CIPD Essay Example | Topics and Well Written Essays - 3000 words - 2

CIPD - Essay Example Some internal and external factors are discussed below to realize their impact on the employment relationship. Discipline and grievances are the guidelines that are incorporated in the company’s policy and have a great significance in shaping the behavior of employees in the company. These guidelines are the rules that teach the individual about the company’s culture or way of conducting operations. These guidelines play a very important role in employment relationship. Ethics in the company also derives from these guidelines and every employee in the organization is liable to follow it. Policies design the structure and that structure shapes the behavior of individuals in the company. (CIPD, 2013a). In the employment law equal pay refers to the equal pay should be given to both men and women for the same job. None of the employer is allowed make biasness in giving equal salary or wages to men and women. The measuring standards for equal pay should be the productivity or other majors that does not consider any kind of discrimination among them. Women and men should be equally treated at the workplace and their rights should be protected completely. Gender discrimination is the only factor that is considered in equal pay law. Another perspective to analyze the injustice in equal pay is the comparison of pay with the market wage rate. If the company is paying low wage rate then it will negatively affect the employment relationship. (CIPD, 2013d). In the employment clause, religious discrimination is properly mentioned. In many countries like UAE and US there are huge number of people does not belong to the religion of most of the US and UAE people but still they are living with their own identity. Government has the responsibility to incorporate in the employment law regarding visas, work permits and emiratisation without any biasness in the processes. The work permits should be given to the deserving candidates by