If the manufacturing company engages in sales or after-sales industries it pursues forward integration strategy. This strategy is implemented when the company wants to achieve higher economies of scale and larger market share. Forward integration strategy became very popular with increasing internet appearance. Many manufacturing companies have built their online stores and started selling their products directly to consumers‚ bypassing retailers. Forward integration strategy is effective when:
Premium Manufacturing Economics Marketing
“Power is of two kinds. One is obtained by the fear of punishment and the other by acts of love. Power based on love is a thousand times more effective and permanent than the one derived from fear of punishment” (Gandhi). To me‚ this quote means power through generosity and kindness is longer lasting and more genuine than power gained by terror . The first part of the quote‚ “Power is of two kinds. One is obtained by the fear of punishment and the other by acts of love” (Gandhi) means that a person
Premium Human Political philosophy Morality
Do you know what your purpose is? Do you know what drives you? As you think about that question‚ you may be picturing a certain aspect of your life. For example: · Home life · Spiritual life · Work life · Recreational life · School life · Etc. We have compartmentalized our lives. But with God‚ there is no distinction between the different areas of our lives. God has a purpose for our life. Sadly‚ many of us don’t have any idea what that purpose is. · Joke: Did you hear about the little girl
Premium Meaning of life Life Jesus
Causes of World War 1 World War 1 started in 1914 and ended in 1918. The Central Powers which include Germany‚ Bulgaria‚ and Austria-Hungary fought against the Allied powers‚ Great Britain‚ Russia‚ Italy‚ France‚ Romania‚ the United States‚ and Japan. Before World War 1‚ fighting in war was seen as an honorable act. Every boy and man wanted to serve in war because they wanted to serve the country they love‚ but World War 1 changed all of that. The new military technologies and the horrors of trench
Premium World War I World War II Archduke Franz Ferdinand of Austria
The Prompt: In some countries every young person must serve two years of military service. Should we have a similar policy in the United States? Write an essay stating your position on this issue and supporting it with convincing reasons. Be sure to explain your reasons in detail. The Model Essay: What You Can Do for Your Country A few countries require every young person to serve two years of military service‚ and as we continue to face military conflicts across the Introduction Statement
Premium Conscription United States Military of the United States
Ted Talk: “What do babies think?” The ted talk that was examined was “What do babies think” with speaker Alison Gopnik. This ted talk discussed an overview of how babies actually think and process the world around them. The speaker starts by saying that babies in the past have been thought to be irrational‚ illogical and unable to determine and understand cause and effect. But babies actually tend to be better thinkers that most adults. Babies could actually be thought as the world’s
Premium Infant Psychology Pregnancy
You are what you drive When you see different people driving different cars on the roads‚ will you give yourself a second to think whether there is something relationship between the certain cars and the drivers’ personality? There is a theory that people who drive certain cars share personality traits. Generally speaking‚ our choices may say something about our values and interests. To some extent‚ women tend to buy smaller cars and men are likely to buy larger cars. But there are many other
Premium Truck Internal combustion engine Automobile
Q.2 . What is groupthink. Explain. [10] According to Irving Janis(1972) ‚ groupthink is "a deterioration of mental efficiency‚ reality testing‚ and moral judgment resulting from in-group pressures". Thus‚ the overemphasis on consensus and agreement leads members to be unwilling to evaluate group members’ ideas critically. This hinders decision-making and becomes an obstacle to group productivity. Certain conditions favour the development of groupthink. i) The first condition is high cohesiveness
Premium Social psychology Morality
Desiree Rielly Professor Guy Pollio 5 December 2012 English 101 What Shapes You? Often times‚ we rely on the world to we live in to shape us. From mass media‚ to magazines to commercials‚ we always find ourselves seeking the next best thing instead of what we already have. The way society shapes us develops each and every one of us because we are persuaded by such advertisements. Robert Scholes of “On Reading A Video Text”‚ and Shirley Jackson of “The Lottery”‚ show appropriate
Premium Life Health care Management
What attribute do you most admire about your character‚ and what attribute do you least admire about your character? The attribute that I most admire about my character is that I am very patient. It is hard to get me frustrated or mad because of this. I can last a very long time with little kids. I believe that patients has helped me accomplish this. Others have told me before that I am very patient with kids. The Attribute that I least admire about myself would be that I can be unproductive at
Premium English-language films Psychology Personality psychology