Pricing Strategy ITC Foods Business Division (Staples) The FMCG & RETAIL Pricing Strategy UNDERSTANDING THE PROCESS FMCG Pricing Strategy is now a critical element of the management mix. Old school management responsibilities of Sales owning the trade spend budget and customer negotiations with marketing owning the Recommend Retail Price do not work in today ’s information driven age. Retail sales volume is now 80% controlled by 2-3 chains with a scattering
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Refers to the stability of the economic environment‚ the attitudes and movements of political parties. This is entwined in government influence on tax policies‚ trade agreements‚ legislative Laws‚ international trade regulations‚ monopolies and consumer protection. Generally Political forces are influences that present restrictions or opportunities that are not mandatory. There is a positive outlook on the Airline Industry as long as the political environment is stable. Due to positive policies and
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macro ch 13 savings & investment True/False Indicate whether the statement is true or false. ____ 1. Most entrepreneurs finance their purchases of real capital using their past saving. ____ 2. To state that national saving is equal to investment‚ for a closed economy‚ is to state an accounting identity. ____ 3. Public saving is equal to national saving minus private saving. ____ 4. To state that public saving is equal to investment‚ for a closed economy‚ is to state an accounting
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FOREIGN DIRECT INVESTMENT IN BANGLADESH‚ PROSPECTS AND CHALLENGES‚ AND ITS IMPACT ON ECONOMY by Afsana Rahman A project submitted in partial fulfillment o f the requirements for t he degree of Professional Master in Banking and Finance Examination Committee: Nationality: Previous Degree: Scholarship Donor: Dr.Winai Wongsurawat (Chairperson) Dr. S undar Venkatesh Dr. Y uo sre Badir Bangladeshi MBA in Marketing University of Dhaka Bangladesh Bangladesh Bank (Central
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OUR TOMORROWS Creating over 5 million sustainable livelihoods More than 38% of energy consumption at ITC is from renewable sources ITC Hotels Greenest Luxury Hotel Chain in the world G R I - G 3 C O M P L I A N T A P P L I C AT I O N L E V E L A + CONTENTS Chairman’s Statement: ITC’s Vision and Strategy Key Impacts‚ Risks and Opportunities 04 07 ECONOMIC PERFORMANCE ITC ORGANISATIONAL PROFILE Certifications‚ Honours and Awards Report Profile‚ Scope and Boundary Governance‚ Commitments
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The ITC eChoupal Initiative The case is about a technology based transition of soybean supply chain from traditional flow to a more efficient method. Case first talks about the traditional way of soybean supply chain. In the traditional method‚ farmers are taking their product to local markets called “mandi”. They had difficulties in taking their product to far market places‚ and there they do not know the expected price of their product. So middlemen can play with the price in the local market
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IT for Change Case Study e-Choupal – An Initiative of ITC IT for Change 2008 This case study is part of a research project that sought to analyse how different telecentre models approach development on the ground‚ proceeding to elaborate a typology based on the cornerstones of participation and equity. To conduct this assessment‚ four telecentre projects were examined: the Gujarat government’s E-gram project‚ the corporate-led venture by ITC called e-Choupal‚ the private enterprise model of Drishtee
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Group : 12 SUNFEAST DARK FANTASY SUNFEAST • Biscuit segment of ITC • Started in 2003 • Had tough competition when entered the market from Parle and Britannia • Focused on quality and product innovation than low pricing DARK FANTACY • A sub brand of ITC Sunfeast • Launched in 2005 as a premium biscuit brand • Which was a new trend in Indian market • Acquired the status of a standalone brand • introduced with a tagline " Pure Indulgence
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. The four phases of a business cycle are trough‚ recovery‚ peak‚ and recession. The length of an average business cycle can be anywhere from 2-15 years. Capital goods and durable goods last‚ and therefor purchases can be postponed. This may happen when a recession is predicted to be lurking. Durable goods industries therefor suffer large output declines during recessions. However‚ consumers cannot postpone the buying of nondurables; therefore recessions only slightly reduce non-durable output
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declared to be in recession following two consecutive quarters in 2008 during which economic growth dropped (BBC‚ 2009). Many businesses‚ including British Airways‚ have found it increasingly difficult to survive in the resulting testing macroeconomic environment. The Recession A recession will often occur when inflation grows rapidly; goods become more expensive at a time when consumers have less money to spend. As consumers spend less money‚ supply begins to exceed demand within the markets. This causes
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