MODULE-2 WORKING CAPITAL MANAGEMENT Concept of Working Capital Working capital refers to short-term funds‚ need to meet operating expenses. It refers to the funds; to finance its day-to-day operations. It is concerned with current assets and current liabilities. If a firm can’t maintain a satisfactory level of working capital‚ it may become insolvent or bankrupt. Broadly there are 2 concepts of working capital‚ such as: 1. Gross Working Capital (Quantitative Concept) 2. Net working
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Need for segmentation:- The importance of market segmentation results from the fact that the buyers of a product or a service are no homogenous group. Actually‚ every buyer has individual needs‚ preferences‚ resources and behaviors. Since it is virtually impossible to cater for every customer’s individual characteristics‚ marketers group customers to market segments by variables they have in common. These common characteristics allow developing a standardized marketing mix for all customers in this
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Jet Airways takes off with Citrix P50 1. What problems does Jet Airways hope that Citrix technologies will solve? The inefficiencies of the old system Jet Airways used were costing Jet Airways the time of its engineers and money that could have been used on maintaining its planes‚ instead of needlessly maintaining excess inventory. They weren’t able to interact with one another or with finance and inventory systems. Jet Airways turned to Citrix Systems for help in addressing these problems
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A Study on Customer Satisfaction and Service Gap Analysis with Special Referene to the after Sales Service of Bajaj two wheelers in Jaipuria Institute of Management Noida. Introduction The two wheeler industry is one of the most vibrant industry in the Indian market. According to the figures published by SIAM‚ it holds a domestic market share of 76% (2010-2012) in the automobile sector. Two wheeler sections in India have witnessed one of the more impressive levels of growth vis-à-vis other segments
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Planning: Jet Blue Airways Gregory James Professor John Mitchell BUS 599 Strategic Management April 24‚ 2011 Abstract This report has been produced to determine if the strategic planning in which new of Jet Blue Airways CEO David Barger has created‚ will help to ensure the company long term success. Addressed in this report will be the following topics: (1) What are the trends in the U.S. airline industry? How might these trends impact a company’s strategy? ‚ (2) What is Jet Blue’s strategic
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________________________________________ BRAND SEGMENTATION AND POSITIONING Espresso Coffee Machines ________________________________________ EXECUTIVE SUMMARY This report was commissioned to examine how customers make purchase decisions for espresso coffee machines‚ the factors affecting consumer behaviour‚ and to identify where the leading brands sit in the opinions of a small sample of the population. The research draws attention to the fact that at the end of financial year 2007
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JetBlue Airways: Starting from Scratch Summary Introduction (Exhibit 1) • JetBlue’s service had grown from 9 departures per day at launch in February 2000 to more than 50 per day in the past 11 months. The fleet had grown from 2 planes to 10 with the arrival of one new Airbus A320 every five weeks. The business plan called for adding 10 new planes every year through the end of 2003‚ bringing the fleet to 40. • Ann Rhoades‚ Executive Vice President for People‚ had been extremely busy – growing
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Consumer Behavioral Segmentation and Strategic Positioning for Online Auctions. Abstract E-Bay is one of the most widely used and consumer adapted means of selling a product in todays e-business market. It requires a unique marketing approach to effectively segment‚ target and position potential customers. Competition between sellers can be fierce and without precise understanding of buyer behavior‚ pinpointing what creates value can be daunting. This paper will address the basic concepts
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4 Strategy: Thinking About the Customer CHAPTER 1 Segmentation and Targeting BRIAN STERNTHAL and ALICE M. TYBOUT S United States to Latin countries because it was a fairly priced service that pledged not to change prices. Advertising was done exclusively on Hispanic television programming. Despite an advertising budget of $1.3 million‚ which is a small fraction of competitive dial-around ad spending‚ Americatel became a major player in the dial-around long distance category. While
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Company Introduction‚ Market Segmentation & Product Positioning Antonio Sanguinetti Dr. Eva Ananiewicz Strayer University Marketing Management July 21‚ 2012 This paper will describe the details of a fictitious company and provided its background and will develop a marketing plan with a focus on segmenting and positioning its product and service. Thirdly‚ this paper will determine and decide upon at least one (1) foreign market for the product and service.; identify the marketing
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