Kodak Company‚ founded by George Eastman‚ is a worldwide US corporation that produces imaging and photographic equipment such as digital cameras‚ imaging systems and sensors and photographic film. Eastman decided the name of the company should be short‚ unique and easy to pronounce. Originally the name was “Nodak” chosen by David Houston‚ a fellow photographic inventor who later sold several patents to roll film camera concepts to Eastman. Houston chose “Nodak” as a nickname of his home state North
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Export Subsidies Export subsidies are attempts by the government to interfere with the free flow of exports. They are payments to a firm or individual for shipping a good abroad. Similar to taxes‚ export subsidies can be specific (a fixed sum per unit) or ad valorem (a proportion of the value exported). Around the world‚ the export industry most frequently subsidized is agriculture. The stated reasoning for export subsidies varies depending upon the product and industry‚ but proponents frequently
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about the toys of my youth and the toys of today. Do you remember the toys of your youth? I remember mine‚ they were much different then the toys of today. They were durable and could take a beating. Just like the saying “takes a licking and keeps on ticking”‚ you could play with them for hours and they wouldn’t break. The toys that I had didn’t break as easy as the toys of today. I had a variety of toys meant for boys and girls; Barbie dolls‚ cap guns‚ and even matchbox cars. Most toys seemed to
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Qts: what are the practices of the market driven company? Ans: Meaning of Market Driven Market-Driven means that the company always tried to provide the best services to their customers‚ and obtain immediate feedback as to the quality of the service provided. It also strongly influenced by needs of potential customers using market knowledge to determine the corporate strategy of a company. A market-driven help us to determine a customer focus‚ together with awareness of competitors
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Two Wheeler Two Wheelers in India India‚ is the second largest producer of two-wheelers in the world. In the last few years‚ the Indian two-wheeler industry has seen spectacular growth. The country stands next to China and Japan in terms of production and sales respectively. Majority of Indians‚ especially the youngsters prefer motorbikes rather than cars. Capturing a large share in the two-wheeler industry‚ bikes and scooters cover a major segment. Bikes are considered to be the favorite among
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a conspiracy is “A secret plan by a group to do something
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Explain how a market orientation affects a company. Critically evaluate alternative orientations. Illustrate your answer with relevant examples. A market orientated organisation embraces activities geared towards understanding the customers needs and developing products‚ solutions and delivering services achieve superior customer satisfaction. In order to achieve a market orientated organisation‚ all business units must work and act together towards the one common goal of achieving long-term
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EXPORT PROCEDURE 1. An exporter receives an enquiry from the prospective buyers seeking information regarding price‚ quality & other terms conditions for export of goods. The exporter sends a quotation known as proforma invoice as reply. 2. If the buyer is satisfied with the export price & other terms & conditions‚ he places the order or indent for the goods. 3. After receiving the order or indent‚ the exporter undertakes an enquiry regarding the credit worthiness of importer to assess the
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from I.I.M. Bangalore and was now in charge of production control for the company. After exchanging the usual greetings‚ Murthy asked Asha why the latest figures were not better. Asha responded‚ “Murthy‚ we continue to get poor forecasts from marketing‚ and we have to carry more inventory than we would like in order to protect ourselves from unreliable vendor deliveries. The sales promotion that we ran last week on surplus toy trucks did not work as well as we expected.” Murthy interrupted‚ “Asha we
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Toy Industry : Present and the Future 2010 TOYS INDUSTRY & FUTURE OUTLOOK A REPORT The r eport details the specifics of the global toy industry and the Indian perspective. The study also studies the trends‚ futur e growth patterns and challenges for the industry. For objectivity‚ and assessing consumer and market sentiments‚ two case analyses have also been presented from various major stores in Mumbai. Submitted to: Prof. Pramod Shetty Date: 23rd August 2010 1 KJ Somaiya Institute of
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