What is the difference between competitive advantage and comparative advantage? Answer: An advantage that a firm has over its competitors‚ that differentiates the Product or services offered by the firm and allows the firm to reduce it’s Cost or generate Higher Revenue or Margin is known as Competitive Advantage. A competitive advantage is something that a consumer views in a product or service as having higher value than the other competitors of the firm in the industry. It is an expertise that
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A study on the foreign direct investment in India with reference to retail sector EXECUTIVE SUMMARY The study aims at providing the overall view of the Foreign Direct Investment into India‚ its classifications‚ trends and importance of FDI in pre and post reform era. Wherein‚ the post economic reform shows an increase in the growth of FDI.It emphasises on the importance of FDI in retail sector.country - wise FDI inflows into the country are carefully observed in order to arrive at appropriate
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The impact of the automobile between 1900 through 1945 was immense. It paved the way for a future dependency on the automobile. To paint a better picture‚ imagine life without an automobile. Everyday life would be dull‚ cumbersome‚ and tedious. An individual’s mobility would be very limited. Basically‚ the life without an automobile could not be fathomed. The importance of the automobile is often taken for granite. Society may not know what appreciate the impact of the automobile and effects it has
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DECLARATION I‚ V.K. Susil Kumar‚ do certify that • The manuscript represents original and valid work and that neither this manuscript nor one with similar content under my authorship has been published or is being considered for publication in any other journal. • If requested by the Editor‚ will provide the necessary information regarding the data the paper / manuscript was based on. I have participated sufficiently in the work to take public responsibility for the whole content
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Competitive automobile industry and the client’s requirements The automotive companies need to implement‚ and maintain high standards of Total Quality Management practices to match up to the competitive automobile industry and the client’s requirements‚ this has been considered as infrastructural strategy in the operations management research fields. Due to the competition‚ the clients demand for quality‚ hence making it one of the biggest factors of consideration for company’s survival in
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A PROJECT REPORT ON “Analysis of automobile industry in Indian stock market” (With Special reference to Aditya Birla Money) Submitted to Utkal University for partial fulfilment of the requirement for the award of the degree of Master of Finance & Control SUBMITTED BY RABINDRA KUMAR DAS ‚ MFC 3rd Semester‚ SESSION – 2010-12 UNDER THE GUIDANCE OF MR. SURJIT TRIPATHY MISS.SUKANYA NISITGANDHA BRANCH MANAGER‚
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Over the years automobiles have changed and impacted the US. “How can I show the history and mechanics of the US automobile to explain the growth and success of the US economy?” The first automobile companies in the US sparked the nation’s want for luxurious‚ fast‚ and reliable vehicles. In the early 1900’s Henry Ford begin the first to mass produce his vehicles. Which would later lead on to a multi billion dollar company. Henry Ford was the first to mass produce the gasoline automobile in the US
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the principle of comparative advantage‚ and modern trade theory? Explain. The article shows us how India diversified its economy by creating new avenues of trade when its manufacturing market took a dive nose. India saw there was a need in the international market for outsourcing‚ call centers and engineering talents and it took advantage of it by harnessing its labor abundance to provide them with a competitive advantage.. A country has the comparative advantage of producing a good if the opportunity
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1. What is MIS? Define the characteristics of MIS? What are the basic Functions of MIS? Give some Disadvantage of MIS? A. 1 A management information system (MIS) provides information that is needed to manage organizations efficiently and effectively. Management information systems involve three primary resources: people‚ technology‚ and information or decision making. Management information systems are distinct from other information systems in that they are used to analyze operational activities
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AAA(American Automobile Association‚ Inc.): - AAA (the American Automobile Association‚ Inc.) is a federation of affiliated automobile clubs. Each AAA club is an independent‚ not-for-profit organization‚ chartered and incorporated in its own state and controlled by its own Board of Directors. In order to be affiliated with AAA‚ each club agrees to provide certain standard services to its own members‚ as well as members of other AAA clubs. The individual club owns the territory in which it resides
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