Skip to main content

Home/ IBEconomics/ Group items tagged scale

Rss Feed Group items tagged

Kat Whatley

Wesfarmers upbeat on retailing - 1 views

  • cheaper, unbranded groceries were good for customers.
    • Kat Whatley
       
      These are inferior goods
  • ''Offering a choice of quality private label products alongside their favourite brands is one way Coles can help,'' he said.
    • Kat Whatley
       
      Given the option, consumers are willing to opt for the cheaper, unbranded version amid high economic costs.
  • Coles is ''supporting the creation of 10,000 new jobs by suppliers through volume growth'' - with $1.6 billion in extra fresh food sales per year and a doubling in the value of produce sourced directly from Australian growers.
    • Kat Whatley
       
      Shows economies of scale: Coles can sell cheaper because as a chain they can source from farmers directly. This lowers their costs of production and thus lowers consumer prices.
  • ...3 more annotations...
  • The strategy focused on improving the quality of Target's products and in-store services.
    • Kat Whatley
       
      Target is one of a few very large clothing stores in Australia. Like an oligopolistic market, Westerfarmers must use non price determinant factors to get more consumers.
  • The division has boosted food and liquor sales from $21 billion to an estimated $26.5 billion this year.
    • Kat Whatley
       
      Large gains in profit due to cheaper costs and more sales.
  • Several economists said the weak data strengthened the case for further interest rate cuts, following the ANZ forecast of another 0.75 percentage points in cuts by the end of the year.
    • Kat Whatley
       
      This is amid low growth rates for Australia. Suggests monetary policy as a solution.
Christian Bager

2 Wind Farms, 433MW of Vestas, Suzlon Turbines for RSA - 1 views

  • The South African government awarded preferred bidders contracts to develop seven large-scale wind power projects on May 21, the latest step forward in its strategic plan to diversify its energy base through the production of clean, renewable energy.
  • Wind power project awards make up 562.5 MW out of a total 1,043.9 MW of renewable energy capacity the South Africa's Dept. of Energy awarded.
  • Denmark's Vestas and India's Suzlon are among the wind turbine manufacturers who will play a big part in helping South Africa realize its renewable energy
  • ...6 more annotations...
  • social, economic and environmental goals.
  • Suzlon has been chosen by South Africa's Exxaro Resources and India's largest power utility, Tata Power Co. Ltd. as the preferred supplier for their Cennergi joint venture's 138MW South African wind farm.
  • Terms that still need to be finalized call for Suzlon to deliver 66 of its S97-2.1MW wind turbines for the project, part of a full engineering, procurement and construction (EPC) agreement. If all goes well, construction of the Cennergi wind farm is expected to begin in early 2013.
  • Vestas came out a big winner as a result of the second-round contract awards. The world's second-largest wind turbine manufacturer has been selected as the supplier to five South African wind energy projects with a combined capacity of 297MW:
  • West Coast 1, 94 MW, Developer: GDF Suez/IPR SA Tsitsikamma, 95.33 MW, Developer: Cennergi (Pty) Ltd. Grahamstown, 24.60 MW, Developer: EDF EN France Grassridge, 61.50 MW, Developer: EDF EN France Chaba, 21.53 MW, Developer: EDF EN France
  • Vestas has now been chosen as the preferred supplier of wind turbines for 36% of the wind power contracts- totaling 435.1MW- awarded by the South African government to date.
Aili Saito

Panasonic may halve its 7,000-strong headquarters ‹ Japan Today: Japan News a... - 0 views

  • aimed at speeding up decision-making
    • Aili Saito
       
      can relate to economies of scale = lack of communication is resolved
  • rival Sony
    • Aili Saito
       
      example of substitute good = XED 
    • Aili Saito
       
      PED will alter
  • been badly hit by the appreciation of the yen,
    • Aili Saito
       
      exports decrease 
  • ...3 more annotations...
  • falling prices
    • Aili Saito
       
      movement on the demand function
  • 772.2 billion yen loss
    • Aili Saito
       
      loss = bad 
  • halve its 7,000-strong headquarters
    • Aili Saito
       
      increase in unemployment
1 - 4 of 4
Showing 20 items per page