ITC‚ the paper to hotels conglomerate‚ which saw its non-FMCG cigarette business revenues rise by 24 per cent in the quarter ended December 2010‚ has managed to turn around its foods business. The Bingo! range of potato chips saw sales growing by 48 per cent during the December 2010 quarter. In August 2001‚ ITC made a modest entry into the food business with its Kitchens of India ready-to-eat preparations.The launch of Bingo in March 2007 market ITC entered into fast
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Learning how we develop to become who we are is a hard concept to understand and its something that we may not ever be able to understand completely. Why is it that even if a brother and sister are raised in the same household and taught the exact same things in the exact same ways‚ that they develop differently. One may develop and learn their abilities fast and become a brilliant student during high school‚ but the other is barely passing and struggling to develop his skills. Many psychologists
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International Baccalaureate Extended Essay Question: How should AirBnB develops a growth strategy in China? Topic: Airbnb Grow in size in China. World count: Introduction Travel is a fundamental part of people’s lives in the 21st century. It is just like what Anita Desai said‚ “Wherever you go becomes a part of you somehow.” In china‚ those businesses‚ which are related to the tourism‚ can gain huge benefit due to its economy of scale. Since travelling is getting more and more popular in
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GOLDFLAKE: GoldFlake was launched by ITC in India in the seventies and as the years progressed it gained popularity and is now the largest selling brand in the world. It was launched as a premium cigarette for the adult men of the elite class as the brand was compared with Gold for the quality and purity of experience. Today‚ the cigarette has a place in premium as well as economy category and its target market has shifted from just adults to both adults and youth of all. The GoldFlake sold in
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The ITC group has segmented its 66 hotels across India into four different brand categories after an extensive in-house re-branding exercise. This segmentation is in line with the global practice wherein hospitality companies have different brands for different market segments and different price points. The seven super deluxe hotels will be under the ITC banner‚ and another seven five-star luxury hotels will be under the Welcom brand‚ followed by the 15 mid-market full service hotels
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INDUSTRY ANALYSIS:- About ITC Market Capitalization :- US $ 18 billion Turnover :- US $ 4.75 billion Diversified presence in • Cigarettes‚ • Hotels‚ • Paperboards & Specialty Papers‚ • Packaging‚ • Agri-Business‚ • Packaged Foods & Confectionery‚ • Information Technology‚ • Branded Apparel‚ • Personal Care‚ Greeting Cards‚ Safety Matches and other FMCG products Corporate Strategies:- • Developing a portfolio of world class • Continuous
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Training of employees in ITC ITC follows coaching methodology in training their employees .coaching of employees depends on sector in ITC‚like coaching for hotel management in ITC is of 18 months where as for a team leader in ITC is of 2 months.Basically number of days for coaching of an employee in ITC depends on the sector and job.ITC believes in continuous learning . ITC Hotels Ltd which has collaboration with Starwood Hotels is running Six sigma successfully. Six Sigma (SS) is an important
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Multisided Platforms By Andrei Hagiu Please note that gray areas reflect artwork that has been intentionally removed. The substantive content of the article appears as originally published. REPRINT NUMBER 55225 S T R AT E G Y Strategic Decisions for Multisided Platforms Multisided platforms such as eBay and Facebook create value by enabling interactions between two or more customer groups. But building and managing a winning platform isn’t easy. BY ANDREI HAGIU MULTISIDED PLATFORMS (MSPS) are
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As we go through life it becomes a journey. This journey of life obviously begins at birth. As we grow older our life experiences become learnd wth the help from our elders. We as humans age‚ and lose many loved ones along the way. It is my strong belief that once we grow old we should still have love and companionship in our lives. I believe that the elderly should not be forgotten because they are our teachers as well as our history. I feel that it is our resonsibilty and duty to interact and build
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The Platform Sutra August 29‚ 2012 The Platform Sutra When considering the Platform Sutra‚ the idea of the Middle Way in understanding the interplay between understanding and insight‚ meditation and wisdom‚ is key. “If there is a lamp there is light; if there is no lamp there is no light. The lamp is the substance of light; the light is the function of the lamp. Thus‚ although they have two names‚ in substance there are not two. Meditation and wisdom are also like this.” (Yampolsky‚ 1967
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