Wednesday, January 1, 2020
Limitations and Constraints Report - 1398 Words
Introduction Sales of Good Act 1979 Consumer Protection from Unfair Trading Regulations 2008 Consumer Credit Acts 1974 and 2006 Consumer Protection (Distance Selling) Regulations 2000 Data Protection Act 1998 Voluntary Codes of Advertising Practice Pressure Groups Consumerism Introduction There are limitations and constraints on marketing activities because there are many ways in which people can abuse marketing techniques. Marketing needs rules because there are certain laws which people have to take in order to sell their products legally. Marketing could include selling dangerous products or products inâ⬠¦show more contentâ⬠¦This act requires being clear on the product you are selling and to provide clear information, so the customers know what they are buying and can make good informed decisions on whether the product is good and suitable for them to buy. This act also states that the buyer can cancel whatever their buying with immediate effect meaning that there is a right for the customer not too accept the product which they have bought. This act also requires a clear confirmation in writing. This is affects MS marketing activities because itââ¬â¢s harder to sell their products online because they canââ¬â¢t persuade as much for people to buy their products. Data Protection Act 1998 This act is made to people who donââ¬â¢t want their information given out by other companies. Itââ¬â¢s designed to make customers feel safe when using credit/debit cards. This rule is made so customers do not get hassled in any way. Customers get confused to how other companies had got their information and that is because other companies have paid a certain fee out to get those particular persons details. The Data Protection Act is misused by companies all the time because companies want to try and sell their products. This act affects MS marketing because they want to sell their products as well, so without having a written consent by that person, they are not allowed by law to be selling their products by phone or by any other way. Voluntary Codes of Advertising Practice ThisShow MoreRelatedUnit 3 P2 P2: Describe the Limitations and Constraints of Marketing723 Words à |à 3 PagesIt is a requirement of the law that all businesses and organisations abide by given limitations and constraints. This report describes two selected limitations; Sales of Goods Act 1979, The Data Protection Act 1998 and two constraints; Pressure Groups and The Advertising Standards Authority (ASA). Task Question: P2: Describe the limitations and constraints of marketing Limitations These refer to the limitations and restrictions that may prevent a business or organisation from certain actionsRead MoreUnit 3-Business Studies Level 31729 Words à |à 7 Pagesyou developed for criterion P1, you now need to produce a report where you will demonstrate higher-level skills through comparing or finding the similarities and differences between the marketing techniques used by the two organisations. HINT: your report should include an introduction and be separated into sub-sections including growth strategies, survival strategies, branding and relationship marketing. [Assessment Evidence: report] |D1 |Evaluate the effectiveness of the useRead MoreDetails on the EPC Process and Approach849 Words à |à 3 Pageswork packages for their estimating and performance of the tasks. 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Nick Thomas already stated theyRead MoreJiambalvo Case 7-2 Five Star Tools Essay773 Words à |à 4 PagesCase 7-2 Five Star Tools This report provides an analysis and evaluation of constraints in the production process for the Model C210 and the Model D400 of the Five Star Tools product line. The significant growth the company has experienced in recent years has led to a strain on the firmââ¬â¢s production capacity. This report seeks to determine how to loosen constraints on production and identify the most profitable product line given current production limitations. Incremental analysis is used toRead MoreCapital Rationing1452 Words à |à 6 Pagesinvestments is limited. Furthermore, the cash flows of most investment projects are uncertain and as such; the availability of outside capital to fund these risky projects may be constrained (Hillier, Grinblatt Titman, 2008). These capital constraints often lead to the phenomenon of capital rationing in the capital budgeting process of a firm. Capital rationing occurs when a firm is unable to invest in profitable projects as restrictions are placed on the amount of new investments to be undertakenRead MoreThe Goal : A Process Of Ongoing Improvement By Eliyahu M.goldratt And Jeff Cox1414 Words à |à 6 Pages Book Report: The Goal Horane Williams MGMT 430: WB1 Sp.15 University of Baltimore Eliyahu M. Goldratt s The Goal: A Process of Ongoing Improvement by Eliyahu M.Goldratt and Jeff Cox has changed the way organizations do business and handle constraints. The Goal tells of a guy name Alex Rogo, whom is a supervisor at a production plant how he helps save his plant. At the beginning his plant was unproductive and faced a lot of constraints within. With his help, the plantRead MoreThe Cost Versus Return Trade Off1125 Words à |à 5 Pagesbusiness. The case will help me determine and understand the cost versus return trade-off. The case will help us realise that what are the maximum benefits we could reap out of our business if we utilise our resources to an optimal rate. There is a constraint on the costs as we cannot reduce the production price below a certain limit as we are still producing at a small scale compared to the multinational companies. So my aim is to put these interrelated constrains on like budget for advertising basedRead MoreAtlas Honda Cars Limited P akistan1409 Words à |à 6 PagesIntroduction This report is aiming to provide an analytical tool box design to achieve match between research and product development. The main reason behind companyââ¬â¢s loss is their decrease in sales, thus the goal of the strategic tools is to produce an innovative climate inside the Organization in order to increase the profit margins of the company and to save them from going towards huge loss, the main focus of this report is to increase profit in the long run. This report will adapt the normalRead MoreWhat Are The Five Basic Functions Of Project Management1214 Words à |à 5 Pagesothers; creating project deliverables; and balancing competing project constraints. A key activity in project management is assessing project constraints. A project has three limitations: scope, budget and schedule. These limitations are project constraints because they are sensitive to change and have an impact on project risk. Risk is exposure to uncertain outcomes. Project constraints are mutually exclusive. If one constraint changes it affects the others and adjustments may be required to compensate
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