documentation needed for the efficient management of the system. This total concept is sometimes referred to as ‘total business logistics management’ or ‘total physical distribution management’. Marketing has many definitions‚ one of which relates to the process of getting the right goods to the right place at the right time. This is a simplistic definition‚ but it does encapsulate the importance of time and place. It has been said by many writers on the subject that it is the mission of the marketing
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Scope of Entrepreneurship development in India Introduction We are a very young nation – just over 55 years since independence – setting out on a path of sustained economic growth‚ for decades to come. We already have over a billion fellow Indians. Within the next 20 years‚ we will have 400 million people below the age of 35 years – more than the entire population of the United States! Each person‚ in this bold new generation‚ will be in the prime of his or her life‚ striving for a better tomorrow
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Essay on Scope and Area of Public Administration Scope and area of public administration are given below: The concept of development administration is a widely recognized concept these days and it has significantly stimulated the interest of scholars‚ not only of public administration but also of other social sciences. It is‚ being attended too heavily in the developing countries with a view to orienting it to development aspects (programmes and projects related to socioeconomic progress) of
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retentious or standoffish personalities‚ although business is considered to be relaxed. Acting informal before a relationship is built is discourteous and Greek business colleagues may get quiet when they have been offended. Business meetings are necessary‚ however should be made 1-2 weeks in advance and confirm by telephone. Many business people eat lunch between 1 and 3 p.m.‚ so this not an optimum time to schedule a meeting. Have materials including business cards printed in both English and Greek. Meetings
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Branches / Areas / Scope of Marketing Research The scope of marketing research is very wide and comprehensive. It includes: 1. Product Research Product means the goods and services which are sold to the consumers. It includes consumer products and industrial products. Product research studies the individual product. It studies the making and marketing of the product. It studies the colour‚ size‚ shape‚ quality‚ packaging‚ brand name and price of the product. It also deals with product modification
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It is in their nature for humans to yearn to protect others who are at risk of being in danger. The new policy‚ created by Target‚ which allows transgender people to use the restroom that corresponds to their gender identity‚ is a policy that a copious number of shoppers are strongly against; however the policy should not be seen as an issue as it is in the prevailing interest of all consumers that everyone who needs to use a restroom‚ deserves to be respected by being given privacy‚ that the government
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rr ECONOMIES AND SCOPE OF SCALE 2 r r r r r r r r r r r r r r r r r r r r r r r r r rr ew concepts in microeconomics‚ if any‚ are more fundamental to business strategy than economies of scale and the closely related economies of scope. Economies of scale allow some firms to achieve a cost advantage over their rivals. Economies of scale are a key determinant of market structure and entry. Even the internal organization of a firm can be affected by the importance of realizing scale economies
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Support and advice to business There are a number of bodies that provide support and advice to business‚ ranging from the local Chamber of Commerce or Chamber of Trade to government organised helplines‚ covering a range of important areas such as exporting to another country‚ or developing new employment initiatives e.g. the employment of disabled workers. Britain’s mouthpiece for the business community is the Confederation of British Industry (CBI). It exists primarily to voice the views of its
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Interactive Museum (Storytelling and Gaming Environment) Nowadays‚ the focus in museums is shifting towards the use of artefacts for providing an interactive experience to visitors‚ in contrast to the traditional museum approach‚ where the focus was on the collection‚ display and storage of objects. Hence‚ more people are increasingly visiting museums with the expectation to learn something‚ while having an entertaining experience. Digital technologies‚ in particular interactive storytelling
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Review Questions 1.1 1. What is a ‘business’? A business is a decision-making organisation involved in the process of using inputs to produce goods and/or provide services. 2. What are the purposes of business activity? Businesses exist to satisfy the needs and wants of people‚ organisations and governments. Needs – are the basic necessities that a person MUST have in order to survive. Wants – are the desires that people have. Wants are said to be infinite since people always want more
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