reduce costs‚ and realize economies of scale. Another key factor contributing to Aravind’s success is its focus on training its workforce in the “Aravind way” and instilling its mission and culture throughout all levels of the organization.The major strategy of Dr.V is to take care of the rural population where the competition is very less and being an untapped market will generate maximum profit from customers. Q2) What has Dr V’s role been in all this? Ans: He developed major marketing and surgical
Premium Blindness Eye Hospital
Marketing Plan 1.0 Executive Summary Mobile News Games LLC (MNG) develops mobile games relating to current news events. This marketing plan illustrates our market segments and the strategies we are employing to get customers and create a solid revenue stream. We are not just any mobile game developer. Our unique focus of creating games with a news twist gives us an advantage over our competitors by giving customers a new outlet to enjoy mobile games. This fills a read need of not just traditional
Premium Marketing Advertising
Final analyze and Game report of ERPsim Distribution Game To: Dr. Shirley Stretch-Stephenson Group C H Members: Iris Huang Ankit Sethiya Ken Chen Yuankai Wang (GS) After 2 trial rounds of ERPsim distribution game‚ our group got rank 2 out of 4 groups (actually climbing from rank 3 to 2). So everyone in the group is fully confident about the real game running in the upcoming week. After several discussions‚ we settled
Premium Pricing Revenue Marketing
FOCUS 4.2 INTERNAL ENVIRONMENT AND INTERNAL FOCUS CONCLUSION Executive Summary Throughout this case write-up we will look into the industry of Amazon‚ and try to determine the reasons why the company has become a leading e-commerce business. We start out by defining the industry Amazon operates in‚ and present the competitive dynamics of that industry. We also look into who Amazon’s competitors are. Further‚ we explore the key success factors in the industry Amazon is operating
Premium Electronic commerce Online shopping
Through Multi-Channel Interaction June 15 - 18‚ 2008; Bled‚ Slovenia The Beergame in business-to-business eCommerce courses – a teaching report Kai Riemer The University of Münster‚ Germany wikari@wi.uni-muenster.de Abstract In this teaching report I demonstrate the use of the so-called beer distribution game in teaching business-to-business eCommerce courses. The beergame is a role-play supply chain simulation game that lets students experience typical coordination problems of (traditional) supply
Premium Supply chain management
GAMES THEORY In game theory‚ Nash equilibrium (named after John Forbes Nash‚ who proposed it) is a solution concept of a game involving two or more players‚ in which each player is assumed to know the equilibrium strategies of the other players‚ and no player has anything to gain by changing only his own strategy unilaterally. If each player has chosen a strategy and no player can benefit by changing his or her strategy while the other players keep theirs unchanged‚ then the current set of strategy
Premium Game theory Nash equilibrium
Xiang Sun∗ August 24‚ 2011 Game Theory 1 Review • “Static” means one-shot‚ or simultaneous-move; “Complete information” means that the payoff functions are common knowledge. • Normal-form representation: G = {S1 ‚ . . . ‚ Sn ; u1 ‚ . . . ‚ un }‚ where n is finite. • si is strictly dominated by si ‚ if ui (si ‚ s−i ) < ui (si ‚ s−i )‚ ∀s−i ∈ S−i . • Rational players do not play strictly dominated strategies‚ since they are always not optimal no matter what strategies others would choose. • Iterated
Premium Game theory Nash equilibrium
literally no more clean dishes left leaving them no choice but to wash a dish. In creating a game theoretical model to try and better understand the quandary in our kitchen‚ we will use repeated prisoners’ dilemma games‚ collective action analysis‚ and finally‚ a two species evolutionary game. We begin by applying a Repeated Prisoners’ Dilemma I (PDI) model to our situation. The rules for a PDI game are simple; the two players can either cooperate (wash) or defect (not wash). The players can
Premium Game theory
The Beer Game Copyright by Professor John Sterman‚ MIT October 1984 Sources: http://www.sol-ne.org/pra/tool/beer.html The Fifth Discipline: Pg 27-54 Why play the ‘Beer Game’? Instructions for running the game Steps of the Game Outline for post-game discussion and tasks Supplies Checklist & Mock-up of the Game Board Bibliography CHARTS AND TABLES TO PRINT OUT: [only issue Table 1 and 2 at the onset of the game. Chart 1-3 to be distributed at the end of the game and before
Premium Supply chain management Game Board game
Author’s Name Institutional Affiliation Abstract Strategies are the foundation for driving the direction of any business company. Successful business growths and maintenance of market lead is as a result of implementing the best strategies properly. A number of strategy categories exist and a business organization should implement those that fit the nature of its business. This paper analyses several important business strategies through making a choice in each category that should be implemented
Premium Strategic management