Dwivedi INDIAN FMCG SECTOR – OVERVIEW Consumer packaged goods 4th Largest sector in the economy Total market size in excess of US$ 13.1 billion Expected to grow from US$ 30 billion in 2011 to US$ 74 billion in 2018 Characteristics: Strong MNC Pressure Well established distribution network Intense competition between the organized and unorganized players Easy availability of raw material Cheaper labor cost Strategic sourcing hub THE TOP 10 COMPANIES IN FMCG SECTOR* 1. Hindustan
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under efficient operating conditions absorption costing all manufacturing costs are assigned to products: direct material‚ direct labour‚ variable and fixed manufacturing overhead acceptable quality level (AQL) the defect rate at which total quality costs are minimised account classification method (or account analysis) the process in which managers use their judgement to classify costs as fixed‚ variable or semivariable costs accounting rate of return (or simple rate of return‚ rate of return on assets
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Pricing strategy and Channel Distribution. Strayer University Author Note Silp Dhanasin‚ Master of Business Administration‚ Strayer University Correspondence concerning this article should be address to Silp Dhanasin‚ Master of Business Administration‚ Strayer University‚ 500 Redland Ct#100‚ Owing Mills‚ MD 21117 Abstract Gravity Co.‚ Ltd is a start-up game on mobile business‚ and because the company intends to establish its market share; it will be utilizing the best pricing strategy
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The Influence of Customer Satisfaction and Switching Costs on Customer Retention: A Survey of Retail Internet Banking Users in Hong Kong WONGChjBo BSc(Hons)‚ MBA‚ MA‚ MSc Student ID No. 9911675L International Graduate School of Management Division of Business and Enterprise University of South Australia A Thesis submitted in total fulfillment of the requirements for the degree of Doctor of Philosophy in Business and Management 24 January 2005 TABLE OF CONTENTS Page No.
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Patricia Mae D. Perez Distribution Management 5. Major concepts related with supply chain A supply chain is a network of facilities and distribution options that performs the functions of procurement of materials‚ transformation of these materials into intermediate and finished products‚ and the distribution of these finished products to customers. Supply chains exist in both service and manufacturing organizations‚ although the difficulty of the chain may vary greatly from industry
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Your model should look like this: Now with the cost drivers in place‚ we are ready to calculate Auntie Wuni’s monthly costs. • Leave a row under the Spaghetti: Px/box row and create a subtitle ‘Total Cost of Ingredients’ in cell B28 • Hit Ctrl-B on cell B28 to render the title in bold • Starting from cell B29 and moving downwards‚ populate the cells in this section simply with the name of the ingredients‚ i.e. Oil; Tomatoes; Rice; Pepper; Fish; Cow-leg; Beans; Spaghetti. • Now move the
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Cost Theory in Economics A central economic concept is that getting something requires giving up something else. For example‚ earning more money may require working more hours‚ which costs more leisure time. Economists use cost theory to provide a framework for understanding how individuals and firms allocate resources in such a way that keeps costs low and benefits high. 1. Function * Economists view costs as what an individual or firm must give up to get something else. Opening a
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I. Read The Wall Street Journal and The Economist daily. II. Become intimate with Microsoft Excel. III. Know the fundamentals of Accounting. IV. Refresh working knowledge of Statistics. Harvard Business School Dean Announces 5 New Priorities What does this mean for you? During the interview‚ you will be asked to articulate why a particular school’s curriculum is a good fit for you and your professional goals. Make sure you understand the distinctions between different programs — which
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manufacturing cost categories. LO2 Distinguish between product costs and period costs and give examples of each. including calculation of the cost of goods sold. LO4 Prepare a schedule of cost of goods manufactured. LO5 Understand the differences between variable costs and fixed costs. LO6 Understand the differences between direct and indirect costs. LO7 Define and give examples of cost classifications used in making decisions: differential costs‚ opportunity costs‚ and sunk costs. LO8
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Sales & Distribution Starting around 1996‚ tremendous changes in trends have begun. With the utilization of internet; the understanding of travel agencies has been changed. Changes and transforms in the structure of the tourism industry distribution system significantly affect the choices available to the consumer. The way to distribute travel packages have been shifted from physical to online‚ as well when customers became more aware of the internet usage and started trusting on websites‚ customer
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