Sunday, December 29, 2019
How To Use Si, the Word for If in Spanish
Usually, if and its Spanish equivalent, si, are used to form what are known as conditional sentences. Although the rules of Spanish grammar for conditional sentences can get complex, in the vast majority of cases the main thing you need to know is which verb tense to use after si. Verb Tense in Spanish If Sentences The first thing is to remember that except in very rare cases, si is never followed by a verb in the present-tense subjunctive mood. That said, there are basically two types of si clauses that become part of a sentence: Sentences in which the condition is likely or reasonably likely. This is known grammatically as an open condition. For example, in the clause si llueve (if it rains), rain is seen as a distinct possibility.Sentences in which the condition is contrary to fact or is unlikely. For example, the clause si lloviera can be translated as if it were to rain. Note the difference in meaning from the example above; in this case, while rain is a possibility, it is seen as unlikely. An example of a contrary-to-fact condition is a clause such as si yo fuera rico, if I were rich. Grammatically, contrary-to-fact and unlikely conditions are treated the same way. The correct verb tense following si can be observed in the above examples. In open conditions, conditions where the possibility is reasonably likely, si is followed by the present indicative tense (the most common tense, probably the first one you learned as a Spanish student). If the condition is unlikely or false, a past subjunctive (usually the imperfect subjunctive) is used. This is the case even when the condition is something that refers to the present. In Spanish, as in English, the si clause can either precede or follow the rest of the sentence. Thus a sentence such as si llueve voy de compras (if it rains Im going shopping) is the equivalent of voy de compras si llueve (Im going shopping if it rains). Sample Sentences Using Si Here are some examples of open conditions: Si tengo dinero, me irà © de viaje. (If I have money, Ill go on a trip. The fact of having money is seen as reasonably likely.)Si la casa es usada, le aconsejamos que un profesional la inspeccione. (If the house is used, we advise that you have a professional inspect it. A sentence like this might be used in giving advice, where the condition here is seen as a real possibility.)Si lo quieres, à ¡pà delo! (If you want it, ask for it!)Van a salir si el presidente y los otros ladrones ganan las elecciones. (They are going to leave if the president and the other thieves win the elections.)Si sales, salgo tambià ©n. (If you leave, Im leaving too.)Si gana Sam, voy a llorar. (If Sam wins, Ill cry.) Here are some examples of unlikely or contrary-to-fact conditions: Si yo fuera tà º, tomarà a una responsabilidad propia. (If I were you, I would take appropriate responsibility. There is no possibility that I will become you.)Si yo tuviera dinero, irà a al cine. (If I had the money, I would go to the movies. The speaker is saying she doesnt have the money. If the present tense were used, si tengo dinero, she would be saying there is a reasonable likelihood of having money.)Mi hermana irà a muchas veces a la playa si supiera nadar. (My sister would go to the beach often if she knew how to swim.)Si ella hubiera tenido dinero, habrà a ido al cine. (If she had had the money, she would have gone to the movies.)Si ganara Sam, llorarà a. (If Sam were to win, Id cry.) A Quick Note About Writing The word si should not be confused with sà , a common word of affirmation, often translated as yes. The latter word is always spelled with a written or orthographic accent to distinguish the two, although they are pronounced identically. Key Takeaways When si (meaning if) is followed by a verb, the verb is in the present indicative if the condition stated is true or probable.When si is followed by a verb, the verb is in a past subjunctive if the condition stated is false or improbable.The past subjunctive is used for improbabilities even if the condition stated is one that applies to the present time.
Saturday, December 21, 2019
Critical Success Factors Of The Company - 1115 Words
3.0 Situational Analysis 3.1 External Analysis 3.1.1 Critical Success Factors Cost Leadership Strategy: The adoption of cost leadership has been a significant success determinant for the company. Therefore, Nucor has assured that it becomes a cost leader through the use of advanced technologies in steel manufacturing. As well as Nucor invested actively in research and development and applied a lean management structure that improves efficiency for production. Technology and Innovation: Nucor took into account that technology and innovation must in priority of its business. Therefore, it must be innovative. Accordingly, the firm has cultivated an innovative culture and consistently adopts new technologies to minimise cost and improve efficiency in steel manufacturing as well as customer service. Leadership: Leadership paid an important role for the firm, Nucorââ¬â¢s success is linked to effective leadership that organised by Iverson. According to the case, Iverson was a visionary leader who had a concern about Nucorââ¬â¢s success. Besides that, Iverson introduced operation and structural changes to Nucor such as, new steel plant and seeking joint ventures with foreign firms such as Mitsubishi Corporation, Rio Tinto Group, and Shougang Corporation. Apply a lean management model: Nucor has created a lean management structure whereby decentralising the level of its operation in order to guarantee that the work process must get done in the fastest time possible. Furthermore, it hadShow MoreRelatedThe Peak Iphone? Apples Stock Falling Into Question?1287 Words à |à 6 Pagesever before, and in order to continue their success, Apple will need to analyze their strategies to create a product for the demanding smartphone market.à Issue 1. 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By Todd E Mandley For Dr. Manny Jose, BUSI 601, Accounting for Decision Making Liberty University Table of Contents Title Page â⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦. 1 Table of Contentsâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦. 2 Organization Descriptionâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦ 3 SWOT Analysis chartâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦. 4 Balanced Scorecard chartâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Read MoreTOMS - Critical Success Factors and Marketing Mix1724 Words à |à 7 PagesTOMS - A Business Report An analysis and evaluation of the critical success factors and marketing mix of TOMS Footwear Company Contents Page 3 - Introduction: Including Executive Summary, Research methods and Recommendations Page 4 - About TOMS the TOMS business model Page 5 - The Critical Success Factors for TOMS Page 6 7 - The Marketing Mix, its links with the Critical Success Factors and recommendations Page 8 - References TOMS (2013) Introduction Executive Summary The purpose ofRead MoreCritical Success Factors for Small Business Enterprises in Saudi Arabia854 Words à |à 4 Pagesto study which the critical success factors that are necessary for achieving success for a small business in Kingdom of Saudi Arabia. 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Friday, December 13, 2019
Marketing Mix and the Brand Reputation of Nokia Free Essays
string(87) " differentiation and extending the same towards a specific product category is easier\." Market Forces April 2008 Vol. 4 No. MARKETING MIX BRAND RESEARCH MARKETING MIX AND THE BRAND REPUTATION OF NOKIA SYED EHTESHAM ALI College of Management Sciences PAF-Karachi Institute of Economics and Technology E-mail: s_ehtesham_ali@hotmail. We will write a custom essay sample on Marketing Mix and the Brand Reputation of Nokia or any similar topic only for you Order Now com Abstract Pakistanââ¬â¢s mobile phone market is growing very fast. The most selling brand in the market is Nokia. A hypothesis was developed that the reputation of a brand is a source of demand and the competitively superior quality image justifies a premium price. In this survey we assessed the reasons for preference of this brand based on established parameters of marketing mix (the 4 Ps). The objective of this study was to measure the extent of preference of these parameters. For this purpose a questionnaire was developed and administered to 240 respondents. The alternate hypothesis that at least one of the predictor variables would have a linear relationship with the dependent variable brand reputation was accepted. R? is 0. 53, which indicates that about 53% of the variation on the dependent variable is explained by the predictor variable, which is significantly moderate. Among all the independent variables the slope for the product quality and promotion (advertising communication) were higher than the rest. Regression coefficients for product quality and promotion (advertising communication) were 0. 95 and 0. 85 respectively. This means that an increase in one rating (on the scale of five to one) of product quality and promotion (advertising communication) would cause brand reputation to increase by 0. 95 and 0. 85 rating respectively. 1. 0. 0 OBJECTIVE: The objective of this study was to measure how elements of marketing mix and their relationship affect the brand reputation of Nokia mobile phone. Though the marketing mix concept such as product, price, place and promotion are very important in analyzing the marketing strategy, the scope of the study was mainly MARKET FORCES APRIL-2008 15 MARKETING MIX BRAND RESEARCH focused on one aspect of brand equity i. e. brand reputation, the ultimate reflection of the correct blend of all marketing mix. 1. 1. 0 LITERATURE SURVEY 1. 1. 0 Brand Branding has an ancient history. It could be traced back to the times when the ancient Egypt brick makers used to stamped symbols on the bricks for identification and distinction purposes (Farghuhar 1990). Nilson (1998) on the other hand found that ancient farmers used to put symbols on the cattle with the help of hot iron, which meant burning. The word brand has been derived from the Scandinavian word ââ¬Å"brannaâ⬠that means to burn. In Swedish language the word ââ¬Å"brandâ⬠, means fire. Thus when a producer put some marks or symbols on their product it will come in the category of branding (Nilson 1998). One of the advantages of strong brand name is that its helps in penetrating in a new market or a new market category. Globalization has created tremendous brand awareness and this awareness is not dependent on the availability of the products. Czinkota Ronkainen 2001). For example in Pakistan, brands such as such as McDonald, Pizza Hut and KFC had very strong awareness even before they opened their franchises in Pakistan. 1. 2. 0 Brand Equity Brand equity is a relationship between customers and brands resulting in a profit to be realized at a future date (Wood 2000). Kotler and Armstrong (1996) were of the opinion that measuring brand equity is a tedious job. Nevertheless a powerful brand means high brand equity that helps in achieving ââ¬Ëhigher brand loyalty, name awareness, perceived quality, and strong brand associationsââ¬â¢. Some of the major benefits of brand equity are brand awareness and consumer loyalty which helps in reducing marketing costs. Brand is an important equity; therefore, it should be carefully preserved by adopting strategies that would help in maintaining or improving brand awareness, perceived brand quality and positive associations. (Kotler Armstrong 1996) Ambler and Styles (1997) are of the opinion that brand equity could be measured from two perspectives. One is ââ¬Å"financial evaluation approachâ⬠and the other is ââ¬Å"consumer-based approachâ⬠. The financial evaluation approach is related to the monetary value of the brand, and the consumer-based approach focuses on the brand itself that is how much value the consumers give to the brand. Brand equity is also considered as an accumulated profit that could be realized at a future date. The brand equity concept can also cause confusion, because of difficulty in measuring it (Ambler Styles 1997). MARKET FORCES APRIL-2008 16 MARKETING MIX BRAND RESEARCH Importance of brand equity demands need for more practical experience and comparative research to judge and validate the usefulness of brand evaluation methods (Farquhar 1990). The recent merger and acquisition trend has also increased the importance of measuring brand equity (Tauber 1988). The role of brands is now far beyond product differentiation or competing for market share. They are accumulated annuities which the firm can acquire from its balance sheet (Tauber 1998). Firms could have a strong competitive edge over competitors if they could create brand equity ââ¬Ëthrough building awareness, image, and linking associationsââ¬â¢ (Keller 1998). A stronger brand would always have a better understanding of needs, wants, and preferences of consumers than the brands that are not competitive. Thus stronger brands would help in creating effective marketing programs that could go beyond consumer expectations. (Keller 1998). Brand equity since last one decade has remained popular for attracting new market segments (Pitta Katsanis, 1995). This phenomenon of brand equity has coincided with the newly emerged but equally popular phenomenon of brand extension (Ambler Styles 1997). Research shows a two way relationship between brand equity and extension. A brandââ¬â¢s equity could influence the success of extensions, and extensions could positively influence brandââ¬â¢s equity. The result is that highly valued brand extensions are more successful. Consumers tend to choose those brands that have strong brand equity. This creates strong brand loyalty, and would make it difficult for the customers to switch to the competitors. Brand position of a firm is strongly dependent on the positive image of brands. Strong brands are a major source of differentiation and extending the same towards a specific product category is easier. You read "Marketing Mix and the Brand Reputation of Nokia" in category "Papers" Successful brand allows firms to demand high prices and are a source of barrier which makes it difficult for consumers to switch to other brands (Pitta Katsanis 1995. 1. 3. 0 BRAND REPUTATION: According to Aaker (1991, 1996) and Kapferer (1997) both companies and consumers are watchful over the brand reputation of what they sell or buy. Every brand represents distinct values, creates a distinct profile in the minds of the customers in respect to what it stands for. For example in beverage industry Coca-cola stands for ââ¬Å"refreshingâ⬠and in car industry Volvo brand is perceived for ââ¬Å"safety and comfortâ⬠. Similarly in the mobile industry Sony Ericsson is poised as ââ¬Å"music and entertainmentâ⬠etc. Globalization and advanced technology have made the market more competitive, thus firms, now, are more brand sensitive. They have observed that the consumer preferences have become homogenous because of globalization and the spread of technology. Thus, both the sellers MARKET FORCES APRIL-2008 17 MARKETING MIX BRAND RESEARCH and buyers are paying attention to the brand reputation in terms of what they are buying and selling. A consumer during his lifetime undergoes a series of ever changing circumstances and situations. As a result his brand preference shifts with his changing needs. The brand attributes or features must fit to consumersââ¬â¢ need to maintain an ongoing permanent relationship with the brand. The consumers need to have a trust in their preferred brands for continued offering of the desired benefits. According to Browne (1998), if companies fail to ensure a trustworthy, stable brand reputation, the brandââ¬â¢s growth and market share will be affected. Thus a brand reputation is the image of superior quality and added value, which justify a premium price. A reputable brand is a strong asset, which benefits from a high degree of loyalty and stability for future sales (Kapferer 1997). Ultimate goals of highly reputed brands should be to strengthen their image. Low selling brands with low reputation should focus on tailoring their marketing mix and fixing the overall image problem (Baldinger Rubinson 1996). Firms dealing with mobile handset are also concerned with the reputation of their brands, and how this would affect their international market share. Competition among the mobile companies has forced them to create a brand reputation in customersââ¬â¢ minds. The mobile telephone industry is comprised of mostly multinationals and has financial advantages in their cost structure. This advantage is not available to their purely domestic counterparts (Kapferer, 1997). Brand reputation in the mobile telephone industry is becoming crucial for consumersââ¬â¢ purchasing behaviors. Temporal and Lee (2001) argue that powerful brands are the ones that are built on reputation and this will not change, but would gain more importance in the future. Up Shaw (1995), agrees and claims that branding is the art of trust creation and therefore it is imperative for companies to build a reputable identity in order to maintain trust with their consumers. A highly reputed brand name is considered as a favorable and publicly recognized name that reflects merit, achievement, and reliability. According to Paul and John (1997), the attribute reputation is an estimation of the consistency, over a period of time for an entity. This estimation is based on the entityââ¬â¢s willingness and ability to perform an activity repeatedly in a similar fashion and an attribute is some specific part of the entity ââ¬â price, quality, promotion, distribution and other marketing skills. A brand is a relationship between reputation and promise. Moreover, reputation is a set of expectations. A brand is a combination of tangible and intangible attributes, symbolized in a trademark. If properly managed, brand creates influences and generates value. Temporal and Lee (2000) also define the brand MARKET FORCES APRIL-2008 18 MARKETING MIX BRAND RESEARCH as a promise to the consumer of what the product, service, or company stands for, and for the kind of experience they can get from it. If the promise is delivered, customers will be satisfied and this will keep them coming back to a companyââ¬â¢s product. Kotler (1999) defines three clear advantages, which brands offer to the consumers. Firstly, brands inform the consumer about the product quality. Buyers, who consistently purchase the same brand, are aware that they will get the same quality each time they purchase the product. Secondly, brand names simplify shopping for consumers, by enhancing their ability to find the products that match their wants and needs, as opposed to generic branding. Lastly, brand names allow consumers attention to be drawn to new products that are beneficial to them, since the brand is the first form of recognition. To become successful and hence profitable, brands must develop a positive reputation. A reputable brand is strong assets, which benefits from a high degree of loyalty and thus forms stability of future sales. (Rogerson 1983). Brand reputation involves a continuum ranging from an uncertain feeling that the brand is recognized at the market place, to a belief that it is the number one in the product class by customer (Aaker 1991). This continuum can be represented by different degree of brand reputation known on the market. The brand reputation can be good or bad, strong or weak. It crystallizes how people feel about the reputation based on whatever information they have about the brand. Some companies have not built any brand at all. We can say for the ââ¬Å"unknown brandâ⬠that, for it, no reputation exists and it does not affect consumer-buying behavior on the market. 1. 2. 0 MARKETING MIX. 1. 2. 1 PRODUCT (Quality): (Quality): Product quality is an important determinant for the customers for choosing a brand that helps in the development of brand reputation. Quality belongs to the product perspective of a brandââ¬â¢s identity whereas perceived quality is how a brandââ¬â¢s quality is seen by the consumers. It is one of the key dimensions in Aakerââ¬â¢s brand equity model. A higher price is a sign of high quality to the consumers. Perceived quality is a source of consumer satisfaction it makes them to repurchase the product, which leads to loyalty. (Uggla 2001). MARKET FORCES APRIL-2008 19 MARKETING MIX BRAND RESEARCH 1. 2. 2 PRICE (Affordability): (Affordability): Price influences the brand choice in two ways: (1) Seek the lowest price to avoid financial risk or (2) Seeks the higher price to gain product quality (Macdonald Sharp 2000). For some consumers, the price is vital particularly when they are purchasing everyday products. Some consumer may choose a brand just because it has the lowest price, while other consumers may choose a brand just because it has the highest perceived price inferring that it is of high quality. 1. 2. 3 PROMOTION (Advertising Communication): Communication): How can a company build its brand reputation through promotion? A promotion that provides incentives to try a new flavor or new use will be more effective if the brand is familiar and there is no need to combat a consumer skeptical of brand reputation (Pringle Thompson 1999). Advertising acts as a major tool to enhance brand reputation. The purpose of advertising is to make the consumers to purchase their brands. Advertising is one of the most visible forms of communication. It creates a set of associations the consumers want to have about a brand. If advertising, promotion and packaging support a constant positioning strategy over time, the brand is likely to be strong (Aaker 1991). 1. 2. 4 PLACE (Availability): Firms rarely work alone in creating value for customers and building positive brand reputation. Consistency of supply and availability at convenient locations are vital for brand reputation. Any disagreement between marketing channel members on goals and roles may create channel conflict, which eventually could hamper overall reputation of the specific brand (Kotler, 2006). Reputation is a historical notion based on the sum of the past behaviors. It is prone to change over time and is a function of time. 2. 0. 0 RESEARCH QUESTION: The following research question has been formed in the light of the literature review. How do the mobile phone buyers perceive the brand reputation of Nokia in terms of marketing mix? 3. 0. 0 METHODOLOGY: MARKET FORCES APRIL-2008 20 MARKETING MIX BRAND RESEARCH Based on the literature survey and the above-identified independent and dependent variables, a close-ended questionnaire was developed. Questionnaire was based on a total of 14 questions; seven were related to personal data and the rest were related to the subject study that is measuring brand reputation in terms of marketing mix. The sample size for the study was 240 and it was chosen non-randomly and was personally administered by my students. The analysis was inclusive of the measures of central tendencies and the measure of dispersion. The hypothesis was tested through multiple regressions. 4. SURVEY FINDINGS: 4. 1 MEASURES OF CENTRAL TENDENCIES DISPERSION: The respondentsââ¬â¢ opinions on the determinants of marketing mix and brand reputation were obtained. The determinants for marketing mix were product (quality), price (affordability), promotion (advertising and communication) and place (availability). The determinants for brand reputation were favorability, public recogni tion, reliability and consistency. The summarized results related to the measures of the central tendencies and dispersion are presented below: Table Number One Measure of Central Tendencies Product (Quality) Mean St. Error Median Mode St. Dev. S. Var. Kurtosis Skew ness Range Minimum Maximum Sum Count 4. 74 0. 03 5. 00 5. 00 1. 13 0. 19 -0. 77 -0. 98 1. 00 4. 00 5. 00 1138 240 Price (Affordability) 3. 82 0. 03 5. 00 5. 00 0. 81 0. 18 -0. 39 0. 08 1. 00 4. 00 5. 00 1144 240 Promotion (Adv. Communication) 4. 45 0. 03 5. 00 5. 00 1. 08 0. 29 -0. 18 -0. 82 2. 00 3. 00 5. 00 1107 240 Place (Availability) 4. 02 0. 03 4. 00 4. 00 1. 04 0. 23 1. 23 -0. 74 3. 00 2. 00 5. 00 1017 240 Brand Reputation 4. 89 0. 05 5. 00 5. 00 1. 16 0. 49 3. 69 -1. 09 3. 00 2. 00 5. 00 1117 240 MARKET FORCES APRIL-2008 21 MARKETING MIX BRAND RESEARCH M ark e ting M ix viz. Brand Re putation 6 5 4 3 2 1 0 Product Price Promotion Place Brand Reputatioon 4. 74 3. 82 4. 45 4. 89 4. 02 The respondentsââ¬â¢ opinions on dependent variable brand reputation was the highest with a mean of 4. 89, whereas the rating on product (quality) ranked second with a mean of 4. 79 and the price (affordability) was the lowest with a mean of 3. 82. The standard deviation of respondentsââ¬â¢ opinion on independent dimensions ââ¬Å"price (affordability)â⬠was the least (0. 1) as compare to the other dimensions. This indicates that there is less polarization and difference in the respondentsââ¬â¢ opinion on the dimension ââ¬Å"price (affordability)â⬠. The standard deviation of respondentsââ¬â¢ opinion on dimension ââ¬Å"product (quality)â⬠was the highest i. e1. 13 as compared to the other dimensions. This indicates that there is a high polarization of respondentsââ¬â ¢ opinions on the ââ¬Å"product (quality)â⬠dimension. Skewness for all the determinants of brand reputation was negative except price (affordability)â⬠with the value of 0. 08. The negative skewness indicates that the majority of the respondentsââ¬â¢ opinions on the respective determinants were below the average level and the distribution curve is negatively skewed. 4. 2. 0 BRAND REPUTATION The respondentsââ¬â¢ opinions were obtained in terms of favorability, recognizably, reliability, and consistency. The summarized results are presented below: TABLE NUMBER-2 REPUTATION OF NOKIA Most favorable Most Publicity Most Reliable Most Consistent MARKET FORCES APRIL-2008 22 MARKETING MIX BRAND Recognized 4. 01 4 3. 1 RESEARCH 3. 63 4. 5 4 3. 5 3 2. 5 2 1. 5 1 0. 5 0 4. 01 4 3. 1 3. 63 Most f avorable Most Publicity Recognized MostReliable Most Consisten The level of favorability and recognize ability of Nokia brand was the highest with a mean of 4. 04 and 4. 0. The perception on the consistency and reliability were found to be on the lower side with a mean of 3. 1 and 3. 63 respectively. 4. 1. 2 HYPOTHESIS TESTING: Literature survey suggests that, buyers perceive or build brand reputation of mobile phones in terms of (1) product (quality), (2) price (affordability), (3) promotion (adv. communication) and (4) place (availability). Based on the theoretical framework, the following hypotheses were developed. H1o: Sufficient evidence exists to conclude that no linear relationship exists between Nokiaââ¬â¢s dependent variable ââ¬Å"brand reputationâ⬠and independent variables such as product, price, promotion, and place. H1A: At least one of the predictor variables has a linear relationship with the dependent variable ââ¬Å"brand reputationâ⬠. STATISTICAL REPRESENTATION: The statistical representation of the above hypothesis is presented below. H1O: ? 1= ? 2= ? 3= ? 4=0 H1A: ? 1? ?2? ?3? ?4? 0 The above hypothesis was tested through multiple regressions for brand NOKIA and the summarized results are presented below. MARKET FORCES APRIL-2008 23 MARKETING MIX BRAND TABLE NUMBER-2 MULTIPLE REGRESSIONS Regression Statistics Multiple R R Square Adjusted R Sqr. Standard Error Observations RESEARCH 0. 69 0. 53 0. 52 0. 44 240. 00 Df Regression Residual Total 4. 00 234. 00 240. 00 Coefficients Intercept Product(quality) Price(affordability) Promotion(Adv. Comm. ) Place(Availability) 0. 72 0. 95 0. 27 0. 85 0. 34 SS 12. 01 13. 05 25. 06 Std. Error 0. 49 0. 09 0. 03 0. 03 0. 02 MS 3. 00 0. 06 F 53. 82 Significance F 0. 00 t Stat 1. 48 2. 61 7. 57 6. 83 7. 41 Pvalue 0. 14 0. 02 0. 00 0. 01 0. 00 Lower 95% -0. 24 0. 06 0. 16 0. 15 0. 13 Upper 95% 1. 68 0. 42 0. 27 0. 27 0. 22 R? or the brand NOKIA is 0. 53, which indicates that about 53% of the variation on the dependent variable is explained by the predictor variable which is significantly strong. Among all the independent variables the slope for the product and promotion are the highest, this means that as compared to other independent variables, product and promotion of Nokia bra nd cell phone has stronger relationships with the dependent variable ââ¬Å"brand reputationâ⬠. Regression coefficient for product and promotion are 0. 95 and 0. 85 respectively. This means that an increase in one rating (on the scale of five to one) of product (quality) and promotion (adv. communication) will cause brand reputation to increase by 0. 95 and 0. 85 rating respectively. The F-value is high and falls in the critical region that means variations of independent variables are unequal; this indicates that the results are not biased. Except for the coefficient of product and promotion, no other coefficient is statistically significant. 5. 0 CONCLUSION: CONCLUSION: MARKET FORCES APRIL-2008 24 MARKETING MIX BRAND RESEARCH Based on the survey findings the following conclusions have been drawn: â⬠¢ According to the respondentsââ¬â¢ opinion the rating on dependent variable brand reputation was highest with the mean of 4. 9, whereas the rating on product (quality) was the second highest with a mean of 4. 79 and the rating on price (affordability) was lowest with a mean of 3. 82. The standard deviation of respondentsââ¬â¢ opinion on independent dimensions ââ¬Å"price (affordability)â⬠was the least (0. 81) as compared to the other dimensions. This indicates that there is less polarization in the respondentsââ¬â¢ opinion on the dimension ââ¬Å"price (affordability)â⬠. The standard deviation of respondentsââ¬â¢ opinion on dimension ââ¬Å"product (quality)â⬠was the highest 1. 13. This indicates that there is high polarization of respondentsââ¬â¢ opinion on the ââ¬Å"product (quality)â⬠dimension. Skewness for all the determinants of brand reputation were negative except for ââ¬Å"price (affordability)â⬠with the value of 0. 08. The negative skewness indicates that the majority of the respondentsââ¬â¢ opinions on the respective determinants were below the average level and the distribution curve is negatively skewed. The alternate hypothesis that at least one of the predictor variables would have a linear relationship with the dependent variable brand reputation was accepted. R? is 0. 53, which indicates that about 53% of the variation on the dependent variable is explained by the predictor variable, which is significantly strong. The slope for productââ¬â¢s (quality) and promotion (advertising communication) were the highest; this means that as compared to other independent variables, product (quality) and promotion (advertising communication) of the Nokia brand cell phone have stronger relationships with the dependent variable brand reputation. Regression coefficient for product (quality) and promotion (advertising communication) were 0. 95 and 0. 85 respectively. This means that an increase in one rating (on the scale of five to one) of product (quality) and promotion (advertising communication) will cause brand reputation to increase by 0. 5 and 0. 85 rating respectively. â⬠¢ â⬠¢ â⬠¢ â⬠¢ ANNEXURE 1 Q1) Age: (in years) 15 ââ¬â 25 QUESTIONNAIRE (DEMOGRAPHIC DATA) 26 ââ¬â 35 36 ââ¬â 45 46ââ¬â above MARKET FORCES APRIL-2008 25 MARKETING MIX BRAND Q2) Qualification: ? Matriculation Others ââ¬â-Q3) Gender: ? Male Q4) Marital Status: ? Single Q5) Profession: Marketing T eacher Q6) Income: Up to 20,000 above RESEARCH ?Intermediate ?Graduation Masters ?Female Married Banking Engineering Other(s) please specifyâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦.. 21,000 ââ¬â 30,000 31,000 ââ¬â 40,000 Doctor 41,000 and Q7) Please mark the area of your residence Sadder Defence Clifton Gulshan F. B. Area Nazimabad PECHS Other(s) ââ¬â Rate the following statements in terms of your answer (5 being highly agreed and 1 being highly disagreed) MARKETING MIX Q8) Rate the brand reputation of Nokia brands in terms of ââ¬Å"Productâ⬠i. e quality. 5 4 3 2 1 Q9) Rate the brand reputation of Nokia brands in terms of ââ¬Å"Priceâ⬠i. e. affordability 5 4 3 2 1 Q10) Rate the brand reputation of Nokia brands in terms of ââ¬Å"Promotionâ⬠i. e. Advertising Communication. 5 4 3 2 1 Q11) Rate the brand reputation of Nokia brands in terms of ââ¬Å"Placeâ⬠i. e. Convenience in availability. 5 4 3 2 BRAND REPUTATION Q12) I consider Nokia as most favorable brand in terms of brand reputation. 4 3 2 1 Q13) I consider Nokia as most publicly recognized brand in terms of brand reputation. 5 4 3 2 1 Q14) I consider Nokia as most reliable brand in terms of brand reputation. MARKET FORCES APRIL-2008 26 1 MARKETING MIX BRAND RESEARCH 5 4 3 2 1 Q15) I consider Nokia as most consistent brand in terms of brand reputatio n. 5 4 3 2 1 ANNEXURE 2 REFERENCES Aaker, D. A. , 1991. , Managing Brand Equity: Capitalizing on the Value of the Brand Name. NewYork: The Free press. Aaker, D. A. , 1996. , Building Strong Brands. New York: The Free Press. Aaker, D. A, 2004. Brand Portfolio Strategy, New York: Free Press. MARKET FORCES APRIL-2008 27 MARKETING MIX BRAND RESEARCH Ambler, T. , Styles, C. , 1997. Brand development versus new product development: toward a process model of extension decisions. Journal of Product Brand Management, 6(4), p. 222-234. 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