and development work. Objective: It can be described as what business is looking for and for this purpose a company can define sub objectives which‚ if aligned with the main objective‚ will help the organization to achieve its goals. Objective is a broader term and for convenience it is sub divided
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Penang Mutiara aim at providing impeccable quality and customer orientated strategy to provide a personal touch as part of its uniqueness to retain customers. In order to compete for business and to keep abreast with stiff competition in the hotel industry‚ currently‚ Wernie adopted impeccable quality strategy where he recognizes that "it is impeccable service which gives us our competitive advantage‚ not price." Since it is cheaper to retain regular guests than to attract new ones‚ he understand the
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Pricing objectives and pricing methods in the services sector George J. Avlonitis and Kostis A. Indounas Department of Marketing and Communication‚ Athens University of Economics and Business‚ Athens‚ Greece Abstract Purpose – The purpose of this research paper is to explore the pricing objectives that service companies pursue along with the pricing methods that they adopt in order to set their prices. Design/methodology/approach – An extensive review of the literature revealed the complete
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FINANCIAL MANAGEMENT The main objectives of financial management are:- 1. Profit maximization : The main objective of financial management is profit maximization. The finance manager tries to earn maximum profits for the company in the short-term and the long-term. He cannot guarantee profits in the long term because of business uncertainties. However‚ a company can earn maximum profits even in the long-term‚ if:- i. The Finance manager takes proper financial decisions. ii. He uses the finance
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Financial objectives: • Constant product innovation (at least two upgrades and one new product launch) to prolong the product lifecycle which will help in maintaining and growing the market share. Current product portfolio (April 2012 sales) is I phone:60%‚ I Pad:20%‚ I pod: 13%‚ Mac 7% • Focus at achieving key performance index which are aligned with the investor’s expectations: o Earnings Per Share = 50 o Return on Equity= 45% o Credit Rating: A++ (Superior grade) o Generate and maintain
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Chapter 1 Industry Background A. Definition of the Industry: What are its Products or Services? 1. Definition The development of any country completely depends upon the growth of telecommunications; it is a technology of transmitting signal through a long distance for the sake of communicating with each other. Throughout the world‚ telecom industry is being controlled by private companies instead of government monopolies. Traditional telecom technologies are also being replaced by modern
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Difficulty: Easy Learning Objective: 13-1 2. (p. 439) Studies have shown that while small firms tend to be proactive about seeking opportunities for profitable exporting‚ systematically scanning foreign markets to see where the opportunities lie for leveraging their marketing skills in foreign countries‚ many large firms are very reactive. Topic: The Promise and Pitfalls of Exporting FALSE AACSB: Analytic BT: Knowledge Difficulty: Easy Learning Objective: 13-1 3. (p. 439) Simple
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SUMMARY FOR BISCUIT INDUSTRY IN INDIA • Biscuit industry in India in the organized sector produces around 60% of the total production‚ balance 40% is produced by the unorganized sector (i.e. bakeries). • Biscuit market in India is around 12‚662 crores. • There are around 150 medium to small biscuit factories in India • Indian biscuit industry is the 3rd largest industry‚ behind U.S.A and China. PERCENTAGE OF MARKET SHARE BRAND WISE • Parle- 40% • Britannia- 38% • Priya Gold
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Prepared By : Nithinlal.M PGDM ’13-‘15 Reg No : PG13027 Industry Overview Approximately 95% of India’s international trade by volume and 70% by value are seaborne. India has 11 major ports‚ 19 Medium port‚ and 187 minor ports along 7‚517 km long Indian coastline. It is strategically located as a major maritime nation due to its long coastline that flanks important global shipping routes. The National Transport Policy Committee (1980) recommended the following principles for
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---------------------------------------------------- SUBMITTED BY -------------------------------------------- T.Y.B.M.S. SEMESTER V 2010-11 ROLL NO UNDER THE GUIDANCE OF PROF. DATE OF SUBMISSION 30ST SEPTEMBER‚ 2010 S.V.K.M.’S NARSEE MONJEE COLLEGE OF COMMERCE & ECONOMICS VILE PARLE (W)‚ MUMBAI – 400 056 DECLARATION I‚ ---------------------------- of S.V.K.M.’S Narsee Monjee College of Commerce and Economics‚ of T.Y.B.M.S. (Semester V) declare that I have completed this project on ---------------------------------------------
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