A retrenchment grand strategy is followed when an organization aims at a contraction of its activities through substantial reduction or the elimination of the scope of one or more of its businesses in terms of their respective customer groups‚ customer functions‚ or alternative technologies either singly or jointly in order to improve its overall performance. E.g: A corporate hospital decides to focus only on special treatment and realize higher revenues by reducing its commitment to general case
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In this paper‚ the Ansoff’s Product-Market Growth Matrix will be delved into‚ specifically the four different growth strategies such as the market penetration‚ market development‚ product development and diversification. The first three growth strategies (market penetration‚ market development and product development) will be briefly defined‚ while diversification will be comprehensively discussed as a strategy/marketing tool or a corporate growth strategy. In the discussion of diversification
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Discuss the causes and effects of Economic Growth Economic Growth Before discussing the causes and effects of economic growth‚ I will define what economic growth actually is and distinguish between the two types of growth in the economy; actual and potential. On the whole‚ economic growth may be defined as ‘a long-run increase in an economy’s productive capacity and trend output’. The long-run output growth trend an economy achieves is indicated by the path of trend Gross Domestic Profit
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Mobile Value Added Services (MVAS) A vehicle to usher in inclusive growth and bridge the digital divide January 2011 www.deloitte.com/in 2 Contents Message from Chairman‚ TRAI Message from President‚ ASSOCHAM Message from Secretary General‚ ASSOCHAM Message from Deloitte Objective & Methodology Executive Summary Introduction What is MVAS? What is Utility MVAS? Key categories in Utility MVAS A Framework for Utility MVAS Drivers for Utility MVAS Categories in focus Category 1 : M-Commerce
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8 Conclusion 15 9 Bibliography 17 Introduction The prosperity and wealth of nations are closely linked with economic growth. Accelerating the development of economic growth in a sustained way is therefore one of the most important issues in economics. Economists have long used a variety of approaches to shed light on why some countries experience faster growth than others. In the vast amount of literature on the subject there are three schools that stand out in particular. First‚ there
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ECONOMICS INNOVATION AND ECONOMIC GROWTH IN CHINA by Yanrui Wu Business School The University of Western Australia DISCUSSION PAPER 10.10 Innovation and Economic Growth in China Yanrui Wu ( ) Economics UWA Business School University of Western Australia Australia yanrui.wu@uwa.edu.au Abstract China has enjoyed high economic growth for three decades since the initiative of economic reform in 1978. This growth has however been driven mainly by labour-intensive‚ export-oriented
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Objectives of Economic Growth and Development Economic growth is defined by‚ among other things‚ material capital formation‚ human capital formation and the creation of innovation. Put another way‚ economic growth is determined by the amounts and types of capital and labor that are invested‚ and how they are utilized for production. The objective of economic growth through economic policy is not necessarily GDP or GNP maximization but maybe enhancing and improving quality of life or other values
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Final Assignment SEM1 EGfD 7007D Economic Growth and Institutions Efficiency UB: 12024938 8th January 2013 1 Economic Growth and Institutions Efficiency Introduction During the last few decades‚ economists throughout the world have tried to study and identify the macroeconomic determinants of economic growth. Among various models generated to explain the process of growth in an economy‚ one of the best-known is the Solow model of economic growth‚ created by Robert Solow in 1956. According
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Budget Deficits and Economic Growth Joey Willoughby ECO 203 Principles of Macroeconomics Instructor: Nathan Rondeau 6/27/2011 Budget Deficits and Economic Growth Economists generally agree that high budget deficits today will result in the reduction of the growth rate of the economy in the future. The United States budgetary situation has disintegrated significantly since 2001‚ when the CBO ( Congressional Budget Office
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GROWTH OF AIRLINE INDUSTRY IN INDIA In December 1912‚ the Indian State Air Services in collaboration with UK based Imperial Airways introduced the London -Karachi - Delhi flight‚ the first International flight to and from India. In 1915 Tata Sons Ltd. started regular air mail services between Karachi and Madras and on January 24‚ 1920 Royal Airforce started regular airmail services between Karachi and Bombay. Construction of Civil Airports in India started in 1924 (Calcutta‚ Bombay and Allahbad)
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