ACKNOWLEDGEMENT Completion of the project is not a one handed affair. It needs timely guidance‚ co‐operation from the working members and the freedom to work. I am earnestly grateful to Mr. Kamal Manik‚ Dy. General Manager (Finance)‚ JK Tyre & industries limited‚ New Delhi for providing me with an opportunity to undertake a project work in their esteemed organization. I would also like to thank Mr. Sanjay Arora and Ms. Namita Gulati for her constant guidance. Finally‚ I am deeply indebted to all
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Executive Summary In the advertising industry‚ the agency-client relationship recognises the association between an advertising agency and their client. The nature of this service is a high risk and high involvement purchase which makes the information search a crucial element of the buying process. Understanding the drivers of this buying behaviour will enable the agency to become more responsive to their clients needs and tailor their services to positively influence the relationship. The foundations
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Case Study Alpha Tyre Company Alpha Tyre Company (ALPHA) is engaged in the manufacture and sale of car tyres. Most of ALPHA’s business is conducted primarily through the OE (Original Equipment) route‚ selling to automobile manufacturers such as Maruti‚ Hyundai‚ Tata‚ Honda‚ Toyota and Hindustan Motors. The company has a strong presence in the OE market and it wants to protect its dominance in this space. However‚
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Introduction: Tyre manufacturing industries face a lot of competition‚ price and cost pressure. There is demand for tyre manufacturing industries in the market across the world and because of this reason manufacturing industries is facing management and technical issues for example less availability of raw material‚ rivalry force and risk is very high. The customers are mainly concerned with functionality of tyres and not giving much importance to pricing. However pricing is given importance for
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1. Threat of Substitute In Porter’s model‚ substitute products refer to products in other industries. The price elasticity of a product is influenced by substitute products. As more substitutes become available‚ the demand becomes more elastic since customers have more alternatives. Generally‚ substitute is able to reduce demand for a particular product because there is a threat of consumers switching to the alternatives. (Porter M. 1980) Chains of convenience stores are emerging in the market
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BARGAINING POWER OF SUPPLIER • Bargaining power is the ability to influence the setting of prices. • The more concentrated and controlled the supply‚ the more power it wields against the market. • Monopolistics or quasi-monopolistic suppliers will use their power to extract better terms (higher profit margins or ) at the expense of the market. • In a truly competitive market‚ no one supplier can set the prices. Aggregation of Supply • Suppliers can group to wield more bargaining power. • This
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include: • Population growth rate • Trend of Buyers • Health Consciousness • Career attitude • Social cultural changes Technological changes include: • Industrialization • R&D activity • Advancement of technology Political Factors Political factors were supporting Indian tire industry as Indian Government especially reduces its taxes on raw material to promote the industry. Tariff and duties on the import and export of tires were
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Supply Chain Management ADM 4620 Group Project- McDonald’s Lecture Name: DR.ERNESTO DIMACULANGAN Student’s Name: Li Yi Yang (1006D3UBA002) Zhang Heng (0901D3UBS008) Li Bo (0706D1UBS003) Li Jie (1006D4UBA002) Due Date: 06th‚ September‚ 2010 Table of Context Introduction 3 McDonald’s Background 4 McDonald’s Strategy 5 McDonald’s Business Process 6 Customer service management 6 Procurement process 6 Product development and commercialization 7 Manufacturing flow management process 7 Physical distribution
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A PROJECT REPORT ON INTERNSHIP STUDY CONDUCTED AT APOLLO TYRES LIMITED Contents Sl.no | particulars | Page no | 1 | introduction | | 2 | | | | | | | | | | | | | | | | | | ACKNOWLEDGEMENT In successfully completing my project report‚ I am indeed indebted to a large number of people who have encouraged and helped me in a variety of ways. It’s indeed a privilege to express my gratitude to the people involved. First and foremost I am obliged to the
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Tyre Recycling : The New Business on the Block Wednesday‚ 31 March 2010 00:00 Nimesh Sharma Opportunities - Manufacturing ------------------------------------------------- Top of Form User Rating: / 174 PoorBest Bottom of Form The number of vehicles hitting the roads is increasing everyday and so is the number of tyres. There is a business opportunity up for grabs and it’s in recycling them. With more than 33 million vehicles added to the Indian roads in last three years‚ can you guess
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