consumers now become emerging target consumers with a increasing incomes and growing desire for luxury handbags and quality leather goods, whereas only a few percentage of wealthy consumers are interested in carrying decent handbags a couple of years ago. Furthermore, double-income family also fueled the higher purchasing power so that they are willing to spend additional dollars on luxury handba
consumer phone)
2. Supplier Power
Fortunately for Apple the iPhone is more than the sum of its parts. Arguably, the parts themselves are not that interesting as they are readily available from a number of sources and alternatives exist for most of the parts. What gives the iPhone its appeal is really the software that brings all these parts together and allows the user to interact with the ph
equity wealth, and job market conditions also favor upper-income individuals, who are the primary luxury goods consumers.
- Declining of Exclusivity of Luxury Goods :
In an age of mass affluence with easy access to credit, luxury goods are becoming more affordable. Also, with a 50 percent rise in household income in the last 30 years, Americans have more money to spend on premium goods.
확장했다.)
(11) treaty : 조약
The president of the company signed the treaty.
(회사의 사장은 그 조약에 서명했다.)
(12) advent : 출현
The advent of computer changed many things.
(컴퓨터의 출현은 많은 것들을 바꾸어 놓았다.)
(13) consumer : 소비자
How will consumers be protected?
(어떻게 소비자들이 보호될 수 있을까요?)
consumption of pharmaceuticals accounted for nearly 57 per cent while the rest 43 per cent was constituted by exports.
1.1.3 Expectation
In the long run, the market is expected to maintain a healthy growth rate of 12-13 per cent. It is expected to cross US$ 10 billion mark by 2010 and would reach US$ 12 to 13 billion approximately, by 2012.
1.2 Exports
1.2.1Formulation exports would le