Free Essay

L

In: Other Topics

Submitted By abcdefg
Words 1066
Pages 5
ECON 3100 Winter 2009, Assignment 1

The assignment must be done by 3 p.m. February, 2nd. You should put your assignment in the special box on the secretary desk in the Department of Economics. Good luck!

1. (10%) Consider the following normal-form game

| | | |Player |Two | |
| | |A |B |C |D |
|Player |A |2,0 |2,1 |1,4 |2,3 |
|One |B |2,5 |0,-1 |4,2 |1,1 |
| |C |5,2 |3,0 |5,5 |4,1 |
| |D |7,4 |2,2 |-30,3 |3,2 |

(a) (2%) Name all strongly dominated strategies for both players?
(b) (2%) Name all weakly dominated strategies for both players?
(c) (3%) Name all of the equilibria using the method of eliminating strictly dominated strategies
(d) (3%) Name all the Nash equilibria (pure strategies)

2. (20%) Two companies, Sharp and Sony, are trying to decide on a standard for their new televisions. The two choices are 140 lines per inch (140 lpi) and 210 lines per inch. Sharp has lower costs than Sony, and will drive it out of the market if they compete head to head, using the same standard. Each company chooses which standard to use secretly, and after setting its new products to use the standard a company cannot change its mind.
Sony 's value if it is driven out of the market is 0. Sharp 's value if it is a monopoly is 100. If both firms survive in the market, then Sharp 's value will be 50 and Sony 's will be 30.
(a) (2%) Represent this game as a normal-form game.
(b) (4%) Identify all Nash Equilibria in pure strategies.
(c) (5%) Sony is thinking of randomizing between 140 lpi and 210 lpi, picking 140 lpi with probability R. It has discovered that there is a spy in its headquarters who will be able to tell Sharp the value of R, but not which standard is actually selected unless one of the nonrandom extremes of R=0 or R=1 is chosen. Should Sony randomize anyway, or give up and choose either R=0 or R=1? Explain.
d) (8%) Find equilibrium in mixed strategies.

3. (18%) Suppose that Bombardier had organized its sale to Air Canada or WestJet as a first-best price sealed-bid auction. The Value of wining for Air Canada is 80 and that for WestJet is 40. Possible bids are 20, 40, 60 or 80. Alternatively, each firm can decide not to participate in the auction. If bids are equal, Air Canada wins. The utility from wining is the Value of winning minus the bid.
(a) (6%) Represent this game as a normal-form game
(b) (6%) Find all Nash equilibria (in pure strategies)
(c) (6%) compare these results with the results we learned in class about first-best price auctions. Is it different or similar? If different, explain why.

4. (12%) There are two identical firms in a market, each with constant per- unit production costs of $20 per unit. The market demand is given by the equation P = 80 - 4Q, where P is the price per unit, in dollars, and Q is the number of units sold in the market. Determine the Cournot equilibrium quantities the firms will sell and the resulting market price.

5. (18%) Three firms produce an identical product, but at different costs: it costs Firm A $20 for every unit it produces, it costs Firm B $40 per unit, and it costs Firm C $80 per unit. The market demand is given by the equation P = 300 - Q, where P is the unit price, in dollars, and Q is the total number of units sold. (Since the firms' output is identical, they all sell at the same price.) These are the only three firms in this market. Determine the Cournot equilibrium production levels of the three firms and the resulting market price.

6. ECON3100 How hard is it? (22%)
Anton is facing a difficult choice. His class size will be 0, 15 or 30 students depending on how difficult he makes ECON3100. The numbers of Students will rise or fall in this dramatic fashion because the male students (15 in total) have committed not to take any classes that the female students (15 in total) do not take. The reverse however is not true. That is, the female students may decide to take a class the male students are free to choose whether to take or not to take it.
Because students of the same sex have agreed beforehand to coordinate their decisions there are only three players in the game: Anton, Female Students and Male Students. Furthermore because all students will attend the first class, and because of the pact made by the Male students noted in the previous paragraph the order of play is:
1. Anton
2. Female Students
3. Male Students
Anton’s decision will be to choose the level of course difficulty from one of the following three options: high, medium, or low.
The Female Students’ decision is to take the course or quit.
The Male Students may face a similar decision.
Anton prefers to have a course with a high level of difficulty. If he chooses this outcome and gets 30 students, his payoff for this outcome is 100, If only 15 his payoff is 50. If the course has medium difficulty and all 30 students take the class his payoff will be 45, and if only 15 students his payoff will be 20. Finally, a full course (30 Students) that is easy will give Anton a payoff of 25, and if the class has only 15 students his payoff will be 5. If no students take the class the payoff for Anton will be 30, since he’ll have more time for research.
Payoffs for Female students are as follows: If they take a hard class they will get 10, a medium class 25 and an easy class 5. They don’t care if male students take the class or not. The Female students’ payoff for not taking the class is 15.
Male Students receive a payoff of 20 for a hard class, 25 for a medium and the same for an easy class. Their payoff for not taking the class is 15. (a) Write the game tree for this game (11%) (b) What is the outcome of this game? Explain (11%)

Similar Documents

Premium Essay

Kl.L/; L/

...In this chapteryouwill learnabout: o The purpose a research proposal quantitative qualitative of in and research . Howto structure research proposal a o Howto writea research proposal Keywords: conceptual framework, data anatysis,data processing, hypothesis,limitations,titeraturereview, research design, research , problem, sampling,studydesign, studyobjectives, theoreticatframework, time-frame. The researchproposalin quantitativeand qualitativeresearch All researchendeavours, both qualitative and quantitative research, every academic and in in professional field are preceded by a researchproposal.It informs your academicsupervisor or potential researchcontract provider about your conceptualisationof the total .esearchprocess that you ptopot! to undertake so that they can examine its validity and appropriateness.In any academicfield, your researchproposal will go through a number of committees for approval. Unless it is approved by all of them, you will not be able to start your research. Hence, it is important for you to study closely what constitutesa research proposal. You need to write a research proposalwhether your research study is quantitative or qualitative and in both cases you use a similar structure.The main differenceis in the propor.Jp.oceduresand methodologies for undertaking the researchendeavour. When pro*riditrg details "t 2*"* ME RESEARCH THODOLOGY you will detail quantitative proposal,for quantitative studies, for different parts of the research...

Words: 5817 - Pages: 24

Premium Essay

Kjxjx; L

...Data center - Wikipedia, the free encyclopedia en.wikipedia.org/wiki/Data_centerInformation security is also a concern, and for this reason a data center has to offer a secure ... The first step is to establish a baseline facility environment suitable for .... process to certify 5 levels of "gratification" that affect Data Center criticality. ..... as a data center's power use effectiveness (PUE) against industry standards, ... The controversial world of clean power and data centers - GigaOM gigaom.com/.../the-controversial-world-of-clean-power-and... by Katie Fehrenbacher - in 831 Google+ circles 11 Jul 2012 – To me, the state's data center corridor represents a transition in how the .... they're finding that diversifying their energy mix can hedge against a potential spike ... And the move could have profound effects on the rest of the tech sector. ... The ultimate geek road trip: North Carolina's mega data center cluster ... What to Do If You Have a Security Breach in Your Data Center www.datacenterjournal.com/.../what-to-do-if-you-have-a-security-br...3 days ago – Security breaches are an inevitable fact of data centers. ... any organization that is expected to be a highly secure environment. ... customers may be affected, and what information is stored there. ... This will help you and the authorities build a case against the hacker. ... May 2012 – Mega Data Centers ... Lala - College Essay - Djmisael www.termpaperwarehouse.com/essay-on/Lala/462858 Nov 2011...

Words: 319 - Pages: 2

Free Essay

[Micah] L

...MINISTRY OF PLANNING AND INVESTMENT GENERAL STATISTICS OFFICE REPORT ON LABOUR FORCE SURVEY Quarter 2, 2015 Ha Noi, 2015 1 INTRODUCTION On 10 November 2014, the General Director of General Statistic Office issued Decision No 1287/QD-TCTK on the 2015 Labour force survey, along with its survey plan. The purpose of the survey was to collect the information on 2015 labor market participation from those people who are 15 years old and above currently residing in Vietnam; regarded as a basic for aggregating and compiling national statistical indicators on labor, employment, unemployment and income. These results would support for ministries and branches assessing and comparing the changes in labour market among quarters within the reference year as well as with those of previous annual labour force surveys conducted by GSO. These results would be also considered as a basic to develop and plan policies on human resource development; activities of investment, production and business accordant with the development trend on labor market; as well as to access and apply International Labor Organization’s updated recommendations on labor and employment, especially in term of “labor under-utilization” into the reality of Vietnam. The statistics would be aggregated quarterly for the national and regional levels; and yearly for the provincial level. This report would present major findings of labour force survey in quarter 2, 2015 in order to provide information about labour...

Words: 24138 - Pages: 97

Free Essay

Lawlllllllllllllllllllllllllllllllllllllllllllllllllllllllll L

...The East African Community (EAC) is an intergovernmental organisation composed of five countries in the African Great Lakes region in eastern Africa; Burundi, Kenya, Rwanda, Tanzania, and Uganda. Jakaya Kikwete, the president of Tanzania, is the EAC's chairman. The organisation was founded originally in 1967, collapsed in 1977, and was revived on 7 July 2000. The East African Community is an international organization whose final aim is to develop a complete integration of its members into an East African Federation. The EAC is an integral part of the African Economic Community. The EAC is a potential precursor to the establishment of the East African Federation, a proposed federation of its members into a single sovereign state. In 2010, the EAC launched its own common market for goods, labour, and capital within the region, with the goal of creating a common currency and eventually a full political federation. The geographical region encompassed by the EAC covers an area of 1,820,664 sq-km with a combined population of about 149,959,317(2013 est.) The drive for the transformation of the East African region, particularly Kenya, Tanzania and Uganda, into a functioning entity with rights and duties in International Relations is not new. It dates back to the time when the three East African colonies were still objects of International Law. However, the aspirations for regional cooperation in East Africa acquired individual sovereignty and legitimacy in the post colonial state...

Words: 2770 - Pages: 12

Free Essay

Pro L

...Khaleq Memene May 8, 2015 Bioethics 1B Dr. Gildersleeve Subjective Speech Test Love Life Tearing human beings apart limb from limb; snapping spines; stabbing bodies; crushing skulls. No, it is not a scene from a horror movie. These gruesome procedures are currently taking place right now. “It seems to me as clear as daylight that abortion would be a crime.” – Mahatma Gandhi. Abortion is one of the greatest evils to have befallen in this day and age. Some synonyms of abortion when looked up are “disaster,” “failure,” and “fiasco.” When power crosses with human nature, trouble seems to stir. In fact, pro-abortionists seem to think that they have the power to dictate whether a human being will rightly live or will die horrifically. Without the right to life, all other rights are meaningless. Without life, there can be no freedom, no foundation, no nation. Roe v Wade is the landmark decision by the United States Supreme Court on the issue of abortion. Decided simultaneously with a companion case, Doe v. Bolton, the Court ruled 7–2 that a right to privacy under the due process clause of the 14th Amendment extended to a woman's decision to have an abortion. There is no doubt, Women deserve the utmost respect and they deserve to have the same rights as a man. With that being said, are women really respected by being traumatized and disrespected by means of abortion procedures? Is it right to put women lives at risk to do an unjustified wrong? Even more, if all are entitled...

Words: 1006 - Pages: 5

Premium Essay

L&Sci

...John Yang L&Sci 491 05/02/13 Chapter 12 Assignment EXERCISE: 1. (FIRST) is an international of trusted computer incident response teams who specializes in computer security incidents & promoting incident prevention programs to users and others. 2. One of the responsibility the security manager usually do is to make sure security policies, standards and procedures are established and enforced from staff members, and coordinating information security inspections, tests and reviews from both parties of the staff and customers. In this model or responsibility the security manager wants everything to go right and smoothly as to what’s required of the staff he/she hires them and perform to making sure no mistakes is made and keep the organization safe and sound. Another site gives almost the exact same reasonability as my first finding, but just a little more depth into it. As to take responsibility for developing, maintaining monitoring compliance of all information security policy and procedures. Also with security risk analysis and risk management, and internal auditing on information security processes, controls and systems. Also with this model, the security manager is the top priority to making sure everything is going as they should from training and what’s to be expected from his/her staffs. Because nothing comes more importantly than their customer in solving their systems or technical problem and being professionals at what they do! 3. Some that are similar...

Words: 283 - Pages: 2

Free Essay

Cta Road

...Detailed Fare Information All Aboard! This map gives detailed information about Chicago Transit Authority bus and elevated/subway train service, and shows Pace suburban bus and Metra commuter train routes in the CTA service area. It is updated twice a year, and available at CTA rail stations, Metra downtown terminals, visitor centers, airports, or by calling the RTA Travel Information Center number below. Regional Service Overview CTA runs buses (routes 1 to 206) and elevated/subway trains serving the city and 40 nearby suburbs. Most routes run daily through late evening, every 10 to 20 minutes. Sunday schedules apply on New Year’s Day, Memorial Day, July 4th, Labor Day, Thanksgiving and Christmas. PACE runs buses throughout the suburbs (routes 208 and above), and many routes connect with CTA. Major routes run daily through mid-evening, every 30 to 60 minutes. You can use your CTA Transit Card, Chicago Card®, Chicago Card Plus®, or certain CTA Passes to ride. METRA runs 11 suburban commuter train lines from several downtown Chicago terminals. Rush hour service is frequent; otherwise every 1 to 2 hours. Most routes run daily. Fares are separate, but a Link-Up Pass is available to Metra monthly ticketholders for use on CTA (weekdays 6am–9:30am and 3:30pm–7pm) or Pace (anytime). SOUTH SHORE LINE runs commuter trains between downtown Chicago (Millennium and Van Buren stations) and South Bend Airport in Indiana. Daily service. Fares are separate. For...

Words: 31239 - Pages: 125

Free Essay

/Kjb'/L'

...qwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmrtyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmrtyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmrtyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmrtyuiopasdfghjklzxcvbnmqwer...

Words: 921 - Pages: 4

Premium Essay

., Fbldsflvfll; L

...Basis requirements of the sales and distribution It should be a completed study of how a specific aspect is managed (eg Sales Force Productivity)(Dealer motivation) or its a sales and distribution management with strategic angle We are going to do this project on the SVVP traders (Johnson & Johnson, Calvin care distributor) Maximize the Return on Your Sales Force of the distributor The sales force can be one of the most effective channels to engage your customers. It is also one of the most expensive, frequently costing 10% or more of revenue. It is imperative that you are getting the best possible return on this investment. Are you? Any sales force in the world can be improved in dozens of ways. The best sales force effectiveness initiatives rigorously identify prioritize and then close gaps in sales strategy and execution capability to capture specific growth opportunities. The goal is not a "bright and shiny sales force," but rather the right investments that result in a substantial increase in business results. We have found that sales forces can achieve outstanding effectiveness through: * A customer-focused strategy based on value creation, differentiation and superior customer experience * A disciplined and diligently executed customer engagement and sales process * A highly motivated, performance-focused and accountable sales force committed to "getting it done" and "doing it right" * Highly efficient support-operations capabilities, providing the sales...

Words: 666 - Pages: 3

Premium Essay

Micha; L

...The Pharmagen Corporation Setting As an employee of the Pharmagen Corporation, you have worked your way up to the position of Information Technology Director, and have finally taken some well-earned vacation time. back from your two weeks in Hawaii. The Pharmagen Corporation is a large, multinational pharmaceutical company that specializes in targeted drug delivery through genetics research as well as drug development. As the Director of the Information Technology department, you and your staff are responsible for satisfactorily answering questions for all researchers, technicians, negotiating with vendors for all useful databases, and maintaining relations with the different research, business, and administrative branches of the company in your physical location. You report to the Director of Information Services, Mr. Robert Flay (tech support and the library are also under this director). Three permanent staff members report to you: Jennifer, Ben and Ann. They share the tasks of the department. you have sole responsibility for all of the decisions presented.Delegation is allowed to any of your three other staff members, although a brief reply to the customer is required for each item, regardless of a delegated or delayed action. The organization chart of the company is below: [pic] Here are the objects found in various communication mediums. It is now October 15, and you left before receiving any of these. #1 – Memo The Pharmagen Corporation Office...

Words: 1716 - Pages: 7

Premium Essay

Communication L

...Farewell Speech The farewell dinner was on. The vice president was being given a farewell by the employees with whom he had worked for more than 25 years. Camaraderie, reflections, sharing of thoughts and memories, lots of wine, and plenty of food could sum up the mood of the party. The CEO walked in to join the party and he was soon requested to deliver a short speech looking at the mood and the spirit of the occasion. The CEO, an eloquent speaker, stood up and delivered a great speech, marked with touches of gentle humour, about life after retirement, what the vice president meant to the company and to him personally, how he had reached such heights and yet never compromised his values, and that his exit would be a difficult space to fill in. As the CEO spoke, all eyes were fixed on him. Most employees were serious, watchful, and paying full attention. Some were clearly indifferent. A few proactive listeners, however, enjoyed every bit of what the CEO said which was quite evident from their body language. Their smiling faces, twinkling eyes, and occasional head nods, in agreement with what the speaker said, were indicative of their level of involvement and enjoyment. In other words, they had tuned themselves to whatever the CEO was saying. However, midway through his speech, the CEO sensed that his speech was becoming a little too stretched; he cut short his speech and wished the vice president all the good health and peace. 1. What has happened here? Explain. 2. Did everybody...

Words: 345 - Pages: 2

Premium Essay

L Oreal

...------------------------------------------------- L’Oreal’s Global Makeover ------------------------------------------------- Table of Contents Backgrounds 3 Case Problems 4 Before ISIS 5 Case Solution 6 Changes in Business 7 Conclusion 11 Reference 13 Backgrounds L’Oreal Group is the world’s biggest cosmetics and beauty company that has operations in more than 130 countries. Eugene Schueller founded L’Oreal in 1909 with the first originally company locates in France. For more than a century, L’Oreal has grown from a small local firm to a number one cosmetic group in the world. Nowadays, altogether, L’Oreal markets contain 23 global cosmetic brands that classified under five product ranges: Consumer products (products intended for skin care, hair care, hair coloring, make-up and styling products, sold under such brands as L'Oreal Paris, Garnier and Maybelline New York), Professional products (hair care products for use by professional hairdressers, marketed under Kerastase, Redken, Matrix and other brands), Luxury Products (international brand cosmetics, such as Lancome, Ralph Lauren and Cacharel, distributed through selected retail channels), Active Cosmetics (Inneov, Vichy and other brands for sale mainly in pharmacies), and The Body Shop (cosmetics on the basis of natural ingredients) (Bureau van Dijk, 2014). There are more than 67,000 employees working for L’Oreal right now in order to provide such a huge diversity in brands and quality products...

Words: 2848 - Pages: 12

Premium Essay

Fdghjgjkjl; L

...UNIVERSITIES ON CAMPUS University APRIL 2013 Date UNIVERSITY OF INCARNATE WORD 4/2/2013 PECAN HALL TEXAS A&M SAN ANTONIO* 4/2/2013 CCC/CCC200 ST. MARY'S UNIVERSITY 4/3/2013 LOH LOBBY OUR LADY OF THE LAKE 4/3/2013 CCC (cafeteria area) ST. MARY'S UNIVERSITY 4/4/2013 CCC (cafeteria area) TEXAS A&M SAN ANTONIO* 4/4/2013 LOH LOBBY/CCC200 UTSA* 4/4/2013 CCC/CCC200 OUR LADY OF THE LAKE 4/8/2013 LOH LOBBY UNIVERSITY OF INCARNATE WORD 4/8/2013 LOH LOBBY OUR LADY OF THE LAKE 4/9/2013 LOH LOBBY TEXAS A&M SAN ANTONIO* 4/9/2013 CCC/CCC200 TROY UNIVERSITY 4/9/2013 CCC (cafeteria area) THE ART INSTITUTE 4/9/2013 CCC (cafeteria area) TEXAS STATE UNIVERSITY 4/10/2013 LOH TEXAS A&M SAN ANTONIO* 4/11/2013 LOH LOBBY/CCC200 TEXAS TECH UNIVERSITY 4/15/2013 LOH LOBBY SCHREINER UNIVERSITY 4/16/2013 LOH LOBBY TEXAS A&M SAN ANTONIO* 4/16/2013 CCC /CCC200 ST. MARY'S UNIVERSITY 4/17/2013 CCC (cafeteria area) OUR LADY OF THE LAKE 4/17/2013 CCC (cafeteria area) UNIVERSITY OF INCARNATE WORD 4/17/2013 LOH LOBBY ST. MARY'S UNIVERSITY 4/17/2013 LOH LOBBY TEXAS A&M SAN ANTONIO* 4/18/2013 CCC /CCC200 ST. MARY'S UNIVERSITY 4/18/2013 LOH LOBBY OUR LADY OF THE LAKE (AC1G) 4/22/2013 LOH LOBBY UNIVERSITY OF INCARNATE WORD 4/22/2013 LOH LOBBY TEXAS A&M SAN ANTONIO* 4/23/2013 LOH LOBBY /CCC200 TROY UNIVERSITY 4/24/2013 CCC (cafeteria area) UTSA* 4/24/2013 LOH LOBBY/CCC200 OUR LADY OF THE LAKE 4/25/2013 LOH LOBBY OUR LADY OF THE LAKE 4/25/2013 CCC (cafeteria area) TEXAS A&M SAN ANTONIO* 4/25/2013 CCC/CCC200 OUR...

Words: 566 - Pages: 3

Premium Essay

Sdfgklkl; L

...Michael Jackson timeline 1958 - Born August 29 in Gary, Indiana, the seventh of nine children. His father, a steel mill crane operator and guitarist, managed the Jackson 5. 1962- Four-year old Michael joins brothers Marlon, Tito, Jackie and Jermaine to form the Jackson 5. 1968 - The Jackson 5 signs a contract with Motown Records and the family moves to Los Angeles, California. 1969 - Has first hit single with Jackson 5's I want you back 1972 - Has first solo No. 1 hit, "Ben" - a love song to a movie rat. 1978 - Makes big-screen debut as a scarecrow in "The Wiz." 1979 - "Off the Wall" album propels him to superstar status. Produced by Quincy Jones, it goes to sell more than 7 million copies. 1980 - Wins Grammy for best male R&B vocal performance with "Don't Stop Till You Get Enough" 1982 - Thriller album makes him the 1980's biggest star, eventually sells 26 million copies. 1984 - Injured when spark ignites his hair during the filming of Pepsi ad. "Thriller," nominated for eight Grammy Awards, wins eight of them. The album is certified 20 times platinum. 1985 - Co-writes charity single "We Are the World." 1986 - Stars in the $17 million film "Captain EO," directed by Francis Ford Coppola, produced by George Lucas and played at Disney's World's Epcot Centre. 1987 - Attempts to buy skeleton of the "Elephant Man," John Marrick, according to news reports. His third album, "Bad" album released, goes platinum four times, sells more than 8 million copies. 1988 - Releases...

Words: 699 - Pages: 3

Premium Essay

Lsdkaf; L

...5. Marketing Strategy: * Concept: Leisure Travel and Adventure Travel. * Segmentation: “The Blue Travel Company” is a services section, which accomplishes the best sustainable tourism in Vietnam. Our company head office is in Hanoi and we are planning to extend the headquarters all over Vietnam for the convenience of customers. * Target: The company wants to attract big and small Corporation all over Vietnam who support environment and relax after the stressful days. This tour is perfect for the age group of 18 -35 years old people. For an older public there will be more relaxing activities than for the younger ones, such as wellness or an ecological trip with a sailing boat. * Marketing objectives: The objective of the company is to make it sustainable by itself. In the first year our expectations need to cover all expenses to satisfying customer needs. During the first year there’s going to be172 trips. Every year the number of clients rises with approximately 15% because of the effective marketing and the clients like our services so they come back to us again. * Marketing mix: * Price: The price will be between 7-8 million VND/tours, which includes fullboard hotel, with activities. (Not contain derived expenses). * Place: The distribution of the “Blue Travel Company “ is going to be done through the Internet, sending mailings to present and future clients in the whole world. The company’s employees are going to communicate straightly...

Words: 540 - Pages: 3