Eco-Fone Smartphones Assignment
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Added on 2021-02-19
Eco-Fone Smartphones Assignment
Added on 2021-02-19
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ECO-FONE
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1 ...........................................................................................................................................1Overview of the mobile market in the UK...................................................................................1TASK 2............................................................................................................................................3Data on the usage of smartphones by Adults during 2012-2017.................................................3TASK 3............................................................................................................................................5Analysing of the popularity of smartphones between older customers.......................................5TASK 4 ...........................................................................................................................................6Recommendation on the expansion of the Eco-Fone to Kingston...............................................6Recommendation on the expansion of the Eco-Fone to Kingston...............................................6TASK 5............................................................................................................................................6A. Calculation of Monthly costs of repayment mortgage ...........................................................6B. Logo of 8 mortgage lenders....................................................................................................7TASK 6............................................................................................................................................7Comparison of net taking of both shops of Eco-Fone.................................................................7TASK 7 ...........................................................................................................................................8Customer questionnaires..............................................................................................................8TASK 8 ...........................................................................................................................................8Appropriation of Poisson distribution and advise to them...........................................................8TASK 10..........................................................................................................................................9CONCLUSION................................................................................................................................9TASK 9 ...........................................................................................................................................9APPENDIX....................................................................................................................................10
INTRODUCTIONEco-Fone is working under the consumer electronics industry it is the Private limited company iswhich was founded on 18th August 2009 in United Kingdom. Eco – fone is a firm which dealswith selling smartphones and other electronic accessories. Key employee is Mr. Michael DavidBruford who is director and company secretary for the company (KUMAR, 2019).The Present report is based on brief overview about the UK mobile market. The reportwill cover the various forecasting methods such as line chart. Furthermore, assignment willanalyse different features which make smartphones so popular. Moreover, report will explain“Pros and Cons method” for identify that company should expand the business or notFurthermore, It will represent the logo of 8 mortgage lenders of UK calculate the repaymentamount of mortgage loan and. Study will highlight the comparison the net taking between bothshops of firm. Lastly, report will measure the average values for the entity customers’questionnaire. TASK 1 Overview of the mobile market in the UKOverviewThe success of Smart phone is increase day by day and the demand of smart phone is alsoincreased. The sales of the smart phone is 1.5billion annual sales, or over four million per day, Therefore, in recent times smart phone isbecomes more popular the majority of people are purchase the phones. In year 2017, thepenetration rate of smartphone was 85% which is lead to be enhanced by 90% in year 2020.Therefore, the industry of smart phone is increase as per the demand and needs of consumers so,the popularity is increasing with passing years. Mobile industry is considered to be internationalmarket where in this industry the level of competition is more. By the analysing it can bedescribed That Every day, 91 per cent of the 41 million 16 to75 year old peoples have asmartphone in the UK. Therefore, phone is the most usable device in the UK market and themobile industry expand their business in the UK market in order to increase the sales andprofitability. There are different types of consumer who use the smartphone on daily basis.Followingtable show the % of population and different types of age groups and their style of usages on thebasis of teenagers, parents and grand parents. 1
Age Groups (% of UK Population)Usage Styles16 to 18 (Teenagers) (30%)Use smartphones in a few minutes of wakingup.18 year (Teenagers) (34%)Use their mobiles within 10 minutes of wakingup.18 year (50%)Use their smartphones within 5 minutes priorof sleep18 to 40 years (17%) (Teenagers and parents)Use their mobiles at least in every hour in aday. 16 to 19 years (12%) (Teenagers)Use their smartphones at least 100 or morethan 100 times in a day.16 to 75 years (34%) (Teenagers, parents andgrand parents.)This all age group of people use their mobilesalways with another activities such as eating,watching, talking or schooling, with friendsetc.16 to 75 years (12 %)Use their smartphones during watching TV andmid night.18 to 75 years (53%) Use their smartphones during crossing theroad.2
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