A.2:- There are many external environmental factors affecting the Indian retail industries. These external factors include demographic‚ cultural‚ social‚ legal and political‚ economic‚ natural‚ technological environment. These external factors have affected the decisions for organizing the retail industry. Demographic factors are those factors relating to personal characteristics such as age‚ gender‚ social class‚ level of education‚ family etc. These factors can affect the retail industry. Population
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segmentation is a marketing strategy that involves dividing a broad target market into subsets of consumers who have common needs and priorities‚ and then designing and implementing strategies to target them. Market segmentation strategies may be used to identify the target customers‚ and provide supporting data for positioning to achieve a marketing plan objective. Businesses may develop product differentiation strategies‚ or an undifferentiated approach‚ involving specific products or product lines depending
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Chapter 8 Strategic Management True/False Questions THE IMPORTANCE OF STRATEGIC MANAGEMENT 1. Strategic management is the set of managerial decisions and actions that determines the short-term performance of an organization. (False; moderate; p. 208) 2. “Strategic model” is a term that is often used in conjunction with strategic management and strategies. (False; easy; p. 209) 3. The most fundamental questions about strategy address why firms‚ facing the same environmental conditions‚ have
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1. Why is there a new or renewed interest in the field of project management? There is a new or renewed interest in the field of project management because there is new technologies that are significantly used in many different countries and to keep in contact with these industries. World wide project management is used to develop the many different projects that are important within the industries. 2. a. What is a project‚ and what are its main attributes? b. How is a project different from
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WORKPLACE DIVERSITY Introduction In modern times‚ diversity management has been brought to the forefront of organisational issues due to factors such as globalisation and the emerging cultural and individual differences that emerge as a result of this diverse world. The purpose of this paper will be to explore the topic of diversity as it relates to the workplace by discussing perspectives from union groups and HRM practitioners and to investigate the barriers to workplace diversity. Through
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Resource Management it is a relatively new approach in the business organization to managing people. It’s mainly a key source which helps in selecting and recruiting new people into new jobs. Human Resource Management is responsible for maintain good relations in the organization. The basic objective of Human Resource Management is that to under to find new employees for Organizations. As we see that according to me Human Resource Management is a new process which helps in finding new talent for Organisations
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Project Part 2 Section 1 A Risk Management Plan is a document that a project manager prepares to foresee risks‚ estimate impacts‚ and define responses to issues. It also contains a risk assessment matrix. A risk is "an uncertain event or condition that‚ if it occurs‚ has a positive or negative effect on a project’s objectives." Risk is inherent with any project‚ and project managers should assess risks continually and develop plans to address them. The risk management plan contains an analysis of
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Marketing Management Knowledge and Skills Tenth Edition J. Paul Peter University of Wisconsin-Madison James H. Donnelly‚ Jr. / University of Kentucky Me Graw Hill McGraw-Hill Irwin Contents SECTION 1 ESSENTIALS OF MARKETING MANAGEMENT 1 Processing of Research Data 3 7 Preparation of the Research Report 38 Limitations of the Research Process 38 Marketing Information Systems Conclusion 41 40 PART A INTRODUCTION 3 Chapter 3 Consumer Behavior 42 Chapter 1 Strategic Planning
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CAPITAL STRUCTURE DECISIONS: THE BASICS Problems 1: The Star Wood company is currently in the following situation: (1) EBIT = $ 4.7 Million; (2) Tax Rate‚ T = 40%; (3) Value of Debt‚ D = $2 Million; (4) rd (Cost of Debt) = 10%; (5) rs (Cost of Equity) = 15%; (6) Shares of stock outstanding = 600‚000 & Stock price‚ Po = $30. The firm’s market value is stable‚ and it expects no growth‚ so all earnings are paid out as dividends. The debt consists of perpetual bonds. a. What is the total
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not well trained enough there are not much chances for it to be successful and accomplished. A project manager should be very responsible towards the project and company and is answerable to various situations. He has a set of very important responsibilities that include him to make sure that the work gets done on time‚ to the satisfaction of the customers and stakeholders in the best way possible. It should be cost effective‚ resources effective and ensure best quality possible and this is possible
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