Wednesday, April 6
ASX Portfolio as of 6th April
https://spreadsheets.google.com/ccc?key=0Ai2owCP5o8wWdHhNaFVNUE5MUHo4WkNlLVdPU0V3Q0E&hl=en&authkey=CMyFo7kP
Tuesday, April 5
Media File #5
Click here to read article
This article relates to what we have been talking about in commerce because it is talking about the "competition" price war between Coles and Woolworth's. they have recently permanently reduced their homebarand price of milk to just $1 a litre this is not only competition between Coles and Woolworth's but it is also ultimately driving small independent fruit shops out of business. But Coles claims that ,"Our job...is to offer all our customers quality food that costs less and the information we have released today shows that we are doing this. No matter what your household circumstances, our Down Down price cuts are bringing real savings to real Australian families every day.'' This is interesting because obviously Coles would not say that they are trying to drive out smaller business but many are saying that, "the price war will drive customers to own-brand items and lead to reduced competition in the long-run." What Coles and Woolworth's are doing is "unethical", but it is part of business, survival of the fittest.
Price wars help 'struggling' families: Coles
march 29, 2011 SMH
This article relates to what we have been talking about in commerce because it is talking about the "competition" price war between Coles and Woolworth's. they have recently permanently reduced their homebarand price of milk to just $1 a litre this is not only competition between Coles and Woolworth's but it is also ultimately driving small independent fruit shops out of business. But Coles claims that ,"Our job...is to offer all our customers quality food that costs less and the information we have released today shows that we are doing this. No matter what your household circumstances, our Down Down price cuts are bringing real savings to real Australian families every day.'' This is interesting because obviously Coles would not say that they are trying to drive out smaller business but many are saying that, "the price war will drive customers to own-brand items and lead to reduced competition in the long-run." What Coles and Woolworth's are doing is "unethical", but it is part of business, survival of the fittest.
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