Michael Porter ’s 1979 framework uses concepts developed in IO economics to derive 5 forces that determine the attractiveness of a market. Porter referred to these forces as the microenvironment‚ to contrast it with the more general term macroenvironment. They consist of those forces close to a company that affect its ability to serve its customers and make a profit. A change in any of the forces normally requires a company to re-assess the marketplace. Four forces -- the bargaining power of customers
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SUMMER TRAINING REPORT COMPARATIVE ANALYSIS OF LOANS OFFERED BY PUNJAB STATE COOPERATIVE BANK WITH THAT OF TWO PRIVATE SECTOR BANKS (AXISAND HDFC) AND THE EFFECT OF MARKETING In partial fulfilment of the requirement for the award of the Degree of Master of Business Administration (2012-14) Submitted By:- AKHIL AWASTHI MBA RETAIL MANAGEMENT ROLL NO: 15003 UNIVERSITY INSTITUTE OF APPLIED AND MANAGEMENT SCIENCES‚ PUNJAB UNIVERSITY‚ CHANDIGARH ACKNOWLEDGEMENT I would like
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IDBI BANK LTD. | RISK AND TRUST IN RETAIL BANKING(Retail Asset) | Guided by: Mr. Akhilesh Prakash | Submitted by:SAURABH MEHTA Admission
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In the past few years‚ e-business seems to have permeated every aspect of daily life. Both individuals and organizations have embraced Internet technologies to enhance productivity‚ maximize convenience‚ and improve communications globally. From banking to shopping to entertainment‚ the
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The lyrics of the song “Lucy in the Sky with Diamonds‚ performed by The Beatles‚ and primarily written by John Lennon‚ takes the reader or listener on a journey into the imagination. There are a few interpretations of this song. The most popular interpretation being‚ that the lyrics of the song follow the kind of journey that one would embark on upon the consumption of the hallucinogenic drug LSD which would project the wildest of imaginings. Although at the time of release‚ John Lennon had stated
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what is known as the ‘Tertiary Sector’ of the economy. This ‘service industry’ is one of 3 other sectors in an economy‚ the 2 other sectors are: secondary sector and primary sector. The primary sector deals with ‘extraction’ such as farming‚ fishing & quarrying. The secondary sector deals with manufacturing and construction. ‘According to the theory the main focus of an economy’s activity shifts from the primary‚ through the secondary and finally to the tertiary sector. Fourastié saw the process as
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dramatic increase in the usage of internet has enabled the development of different businesses like the banking‚ insurance; supermarkets and other related elements like hospitals have also integrated the information technology into different segments of their operations. This research paper tries to look at the different segments which are playing part especially in terms of internet banking and the other relevant operations being undertaken by them and the challenges faced in this respect would
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INTRODUCTION BANKING SYSTEM IN INDIA What is a bank ? A bank is a financial institution that provides banking and other financial services to their customers. A bank is generally understood as an institution which provides fundamental banking services such as accepting deposits and providing loans. There are also nonbanking institutions that provide certain banking services without meeting the legal definition of a bank. Banks are a subset of the financial
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| A Review of Almarai’s Competitiveness in the light of Porter’s Five Forces | by | | Hassaan Jamshed HND in Business Studies (2012-13) | 7 Oct 2012 | | Contents Introduction Porters Five Forces Threat of New Entrants Bargaining Power of Customers Bargaining Power of Suppliers Rivalry among Existing Firms Threat from Substitute Products Conclusion Introduction In 1977‚ HH Prince Sultan Bin Mohammed Bin Saudi Al Kabeer saw that the domestic market was growing
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UNIVERSAL BANKING What is Universal Banking? “Banking that includes not only services related to savings and loans but also investments.” This is most common in European countries as it is prohibited by law in the United States. Although‚ in recent times there has been much market pressure in the US for change. In universal banking‚ large banks operate extensive networks of branches‚ provide many different services‚ hold several claims on firms (including equity and debt)‚ and participate
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