Thursday, May 5, 2011

5/5 Alex's birthday tomorrow

Quotables:

Increasing inequality in income distribution in this country has broader policy implications, and there is also the growing problem of perverse incentives that result from executives receiving grossly disproportionate compensation based on decisions they themselves take.
Barney Frank


All legislative experiments in the way of making forcible distribution of the wealth produced in any country have failed.
Leland Stanford


Pre Activity

Click on Walmart tab in the news area above this posting. I will guide you from there.


1/ I need you to find from Objective 2, the definition of Place utility.

We are going to jump in and do 7.01...maybe 7.02 as time allows.
Obj 7 takes us through Distribution, ultimately, and in my mind, the most critical of all of the functions/4Ps of marketing. Without this special utility, nothing would get sold in a broad market sense.

I hope you enjoy today's lesson.

Murphy

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