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Papaya Ltd, Qwetu Ltd and Raia Ltd deal in the production of hair shampoos. On 1 January 2018, the three companies introduced a similar new hair shampoo in the market. Prior to the introduction of the new hair shampoo, the three companies had an equal share of the new market. A survey conducted on the market shares of the three companies as at 31 December 2019 revealed the following information:
1. Papaya Ltd had retained 90% of its customers but had lost 3% and 7% of its customers to Qwetu Ltd and Raia Ltd respectively.
2. Qwetu Ltd had retained 75% of its customers but had lost 10% and 15% of its customers to Papaya Ltd and Raia Ltd respectively.
3. Raia Ltd had retained 80% of its customers but had lost 5% and 15% of its customers to Papaya Ltd and Qwetu Ltd respectively.
4. The buying habits of the customers during the year remained the same.
Determine the market shares of the three companies after 1 year, 2 years and in the the long run
The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.
Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..
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Prepare a major handout on the key principles of instructional leadership
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