Benchmarking: Benchmarking is the practice of comparing business processes and performance metrics to industry bests and best practices from other companies. It was begun in the late 1970s by Xerox Corporation. That time, Xerox was losing market share and feeling a lot of pressure from its competitors. In an attempt to try and “get back into the game”, Xerox decided to … [Read more...] about Benchmarking Definition and Understanding the Purpose
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Three Important Financial Questions
Three Important Financial Questions Why an increasing working capital is considered a relevant cost for capital expenditure decisions? Net-working capital, as we know, is the amount by which a firm’s current assets exceed its current liabilities. When a firm acquires new machinery to expand its level of operations, it experiences an increase in levels of cash, accounts … [Read more...] about Three Important Financial Questions
Phrasing Questionnaires
Phrasing Questionnaires. The clear concept regarding Phrasing Questionnaires is very significant in the level of research. Phrasing Questionnaires Now, we are going to discuss the Phrasing Questionnaires in a chronological manner - Phrase-01: Open-Ended Questions. Open-ended questions allow the respondent to ask or probe the respondent further if he/she … [Read more...] about Phrasing Questionnaires
Brand Meaning and Types of Brand Designations
Brand Meaning. Branding has some different meanings that around for centuries as a means to distinguish the goods of one producer from those of another. Elaborately, the word brand derived from the Old word brand, which indicates “to burn”, as brands were and still showing the meaning by which owners of livestock mark their animals for identifying their animals. Firms could not … [Read more...] about Brand Meaning and Types of Brand Designations
Research Proposal – Concept and Components
Research Proposal: How can we clarify the concept of the Research Proposal? If we think that the first job of a researcher is to be a salesperson. Then, the researcher must be able to trace some existence with funds available to let him or her use that money to conduct the research. Of course, to do so successfully, the researcher must convince the funding bodies of a … [Read more...] about Research Proposal – Concept and Components
SWOT Analysis of Bangladesh Development Bank Limited (BDBL)
SWOT Analysis of BDBL (Bangladesh Development Bank Limited). SWOT Analysis: How can We define SWOT Analysis or SWOT Matrix? SWOT analysis or can be called SWOT Matrix is a structured planning system for evaluating the Strengths, Weaknesses, Opportunities, and Threats involved in companies that we are looking for. A SWOT analysis can be carried out for … [Read more...] about SWOT Analysis of Bangladesh Development Bank Limited (BDBL)
Operation Management – Case Study
Operation Management. Case Study based on personal observation Mr. Hiran Barua Avi is an instructor at Saic Institute Of Management And Technology. He is the guiding teacher of the textile 4th semester B section. He has to manage the class schedule, course teacher arrangement, industrial tour, lab class accommodation, and so on. He is very popular with his pupils. They … [Read more...] about Operation Management – Case Study
Strategies For Entering and Competing Into Foreign Market
Strategies for entering into Foreign Market. Strategies for entering and competing into foreign markets are presenting in a chronological manner: Strategies for entering into Foreign Market: Export strategy Using domestic plants for the production base for exporting goods into foreign markets is an excellent initial strategy. Licensing … [Read more...] about Strategies For Entering and Competing Into Foreign Market
Effective Strategies for Runner-up Firms
Effective Strategies for Runner-up Firms. Suggested Strategies that should be beneficial especially for Runner-up Firms Effective Strategies for Runner-up Firms Offensive strategies to build market share. Rarely can a runner-up improve its competitive position by imitating the strategy of leading firms? An ordinal rule into this offensive strategy is to … [Read more...] about Effective Strategies for Runner-up Firms
What are the different types of Demand?
What are the different types of Demand? Demand can be distinguished from need and desire. A beggar may desire to have a car, a poor may need a modem house, but such needs and desires do not constitute any demand. What are the different types of Demand? To be a demand following conditions should be fulfilled. A desire to buy anything,Having the … [Read more...] about What are the different types of Demand?