Do you think dick smith is hypocritical in making use

Assignment Help Microeconomics
Reference no: EM131069937

Patriotic Marketing: An Australian Case Example

CXase Study, 'Patriotic Marketing: An Australian Case Example; that we have to refer to within our response.

Australian ownership of business simply jingoism?' The copy of the ad reads: ‘Newspaper journalist, Dennis Shanahan, has been running a campaign against Dick Smith Foods, claiming that it is "feeding paranoia" and "jingoism" to promote the advantages of Australian owned businesses.

‘At the same time Mr Shanahan pushes the advantages of ‘Australian Made' especially when promoted by foreign companies.

‘The reason for this hypocrisy is obvious to most Aussies. The big foreign companies that exploit the "Australian Made" logo have enormous advertising clout in the press. Patriotic Australians are not stupid-we know that while "Australian made" is good "Australian owned and made" is even better as the profits stay here creating wealth and a better future for our children and grandchildren.'

Do you think Dick Smith is hypocritical in making use of his image of patriotism to brand his products and increase sales, and denigrate his competitors that are predominately foreign owned? Some critics labelled Dick Smith's new adventure as ‘nothing more than a money-making
scheme'. What do you think?

Reference no: EM131069937

Questions Cloud

Calculate the actual amount of consumption : A. Calculate the actual amount of consumption, in nominal dollars, using the stated assumptions. i. How much do you need for your kids?
What is the role of scientific experiments in psychology : What is the role of scientific experiments in psychology - Compose a reflection based on the experiments you observed in the module and read about in the e-text.
Describe the occurrence of the bauschinger effect : Construct the hysteresis loops for a small amplitude at which only the softer elements yield plastically and for a larger amplitude at which both elements yield plastically.
Probability that the next student taking the test : The Table of Random Numbers that appears in Appendix B of your text is arranged in blocks of five numbers each. Note that the arrangement in blocks is only for convenience, and has nothing to do with a relationship between the numbers.
Do you think dick smith is hypocritical in making use : Do you think Dick Smith is hypocritical in making use of his image of patriotism to brand his products and increase sales, and denigrate his competitors that are predominately foreign owned?
Difference between fifo and lifo : The difference between FIFO and LIFO is FIFO refers to the practice of firms, when making sales, assuming that the inventory that came in last (at a higher price) is being sold first. LIFO implies that a firm is selling the lower cost, older inven..
Discuss how communication builds identity : Define identity and discuss how communication builds identity
Two organic composites are made with the same matrix : The spatial distribution of the fibers in the matrix, however, is different for the two cases. If crazing occurs in the polymeric matrix of the two composites, would you expect the monotonic and cyclic stress-strain response to be different for th..
Preferrred stock dividends-common dividends : A company reports a retained earnings balance of $3,000 for 2009. In 2008 the balance was $2,500. Between those years they paid $100 in preferrred stock dividends and $200 in common dividends. Given that information, what must have been their net..

Reviews

Write a Review

Microeconomics Questions & Answers

  17 assume a certain firm in a competitive market is

17. assume a certain firm in a competitive market is producing q 1000 units of output. at q 1000 the firms marginal

  Write down the effects of international trade to gdp

assume that you have been appointed as the speaker of the house. you must deliver a speech about the current state of

  Determine the increase in total spending

"A shift outward in the demand curve always results in an increase in total spending (price times quantity) in a good. On the other hand, a shift outward in the supply curve may increase or decrease total spending."

  What is another term for the independent variable

describes a measure used to compare two different tests with the same group of participants to see how closely correlated the two sets of scores are with each other. Inter-rater reliability, Test-retest reliability, Parallel-forms reliability, Intern..

  Suppose the governments of two different economies

Suppose the governments of two different economies, economy A and economy B, implement a permanent tax cut of the same size. Investment spending in economy A is less sensitive to changes in the interest rate than investment spending in economy B.

  What is the equilibrium level of output in this economy

What is this economy's consumption function with respect to Y? What is the equilibrium level of output in this economy given the above information? For full credit show your work

  Identify the commodity of comparative advantage

State the commodity in which each country has absolute advantage and identify the commodity of comparative advantage for each country

  By what diseconomies of scale are characterized

Which of the following is true about profit maximization for a perfectly competitive firm A)Firms continue to increase prices to gain higher profits B)A firm maximizes profit differently in the short run and the long run C)Firms can lower prices to g..

  Toll roads are reflective of what principal of taxation

1. john earned 100000 last year and paid 10000 in income taxes. mark earned 50000 last year and paid 5000 in income

  Imports increase supply

2. Assume that imports increase supply. In terms of demand, supply and consumer surplus, why would consumers prefer more imports?

  How much output should the firm produce in the short-run

How much output should the firm produce in the short-run and what price should the firm charge in the short-run - what are the firm's short-run profits

  How do we calculate the nominal interest rate

Normal 0 false false false EN-US X-NONE X-NONE If compounding is quarter..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd