4. Analyse critically how Customer Relationship Management (CRM) system can play an important role to increase profits for each of the organization. CRM (Customer Relationship Management) is an information industry term for methodologies‚ software‚ and usually Internet capabilities that help an enterprise manage customer relationships in an organized way. For example‚ an enterprise might build a database about its customers that described relationships in sufficient detail so that management
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SWOT Analysis | Strength | 1. Acer group employs 8000 employees across the globe2. Operational Efficiency‚ tight control on Overhead Costs3. It has huge network‚ in around 38 countries so it works on Economies of Scale4. Acer’s aggressive price strategy‚ particularly suitable to a time of economic recession | Weakness | 1. Less prescence in B2B market when compared to Dell or Lenovo 2. It has limited product portfolio for midsize business 3. Market share growth is slow due to competition;
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name and continuously we were compared to the supposedly better “Nike Team”. Myself and my team did not let this name represent who we truly were as individuals and basketball players. Infused with determination‚ passion‚ and even anger‚ we strived to defy our title and outwork every single team we faced. Once our rubber soles hit and squeaked against the polished hardwood floor‚ we were on a mission to prove everyone wrong. The “Nike Team” was always handed opportunities on a silver platter‚ while
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Nike of Samothrace The Nike of Somathrace statue was unearthed in 1863 on the Island of Somathrace in the northwest Aegean. It was found by Charles Champoiseau‚ a French Vice-Consul to Adrianople (Turkey). She is believed to have been sculpted in the 2nd Century but the style and drapery suggest an earlier date. The date of the Nike of Samothrace is debated‚ but was probably created between 200 and 190 B.C.E. The statue is life sized with drapery lightly clasping the female body looking as
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strategic planning is dynamic and that strategy-making involves a complex pattern of actions and reactions. It is partially planned and partially unplanned. Mintzberg’s 5 Ps for Strategy would have helped nike in the following ways: • Plan • Ploy • Pattern • Position • Perspective. Plan Nike planed to revolutionise their demand and supply chain management system with a $400 million 18month prodject‚ by replacing the old supply chain system with a new system. They intended a course of action
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its supply chains around the world? a. Apparel manufacturers and distributors face many unethical horizons when conducting business overseas. There primary goal in outsourcing is to reduce costs anywhere deemed possible. Although‚ companies such as Nike fall into a slippery slope when production is high‚ exposure is minute‚ and regulation nearly a pipe dream. This type of behavior leads to inhumane working conditions; such as strenuous work hours‚ minimum pay‚ and restrictions to god-given rights
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College students‚ activists‚ and certain scholars were quick to condemn “Sweatshops” and the multinational companies (MNC’s) that used them. However‚ this initial moral condemnation was based more on a natural sense of horror than moral reasoning‚ and critics often demonstrated a lack of sensitivity to both the underlying economic conditions that gave rise to the sweatshop phenomenon and to the beneficial consequences of sweatshops for both their employees and the broader economies in which they functioned
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In this era of internet purchasing‚ sweatshops have become a common way to produce goods in a quick and cheap manner. Sweatshops are great for suppliers because they don’t require them to pay their labor much‚ if anything at all. Manufactures who run sweatshops commonly use forced labor or child labor. Many of these people are stateless/migrant workers who aren’t protected by law. Sweatshops are a human rights violation that must be brought to an end‚ and it is up to the companies who outsource to
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Nike has become one of those global companies targeted by a broad range of campaigning pressure groups and journalists as a symbolic representation of the business in society. In Nike ’s case‚ the issues are those of human rights and conditions for workers in factories in developing countries. In the face of constant accusations‚ Nike has developed a considered response but the criticism of Nike still continues. Nike produces footwear‚ clothing‚ equipment and accessory products for the sports and
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SWOT Analysis Strengths: Excluding independently owned and operated locations; Sears Domestic owns 61% of its stores. Sears owns a number of trademarks and brand names with which consumers are familiar. A one-stop shop for everything ( from clothing to tools and appliances) Weakness: The condition of many stores‚ leading to a poor shopping experience. Profitability is suffering‚ gross margin is lower Management- Employee staffing and training is not successful. Need room for improvement
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