Low cost strategy is one of the three generic marketing strategies. Companies use this strategy to offer low price in its products/services by focusing on various points in its value chain activities. In order to be a successful low-cost competitor in a competitive environment‚ companies focus on several issues; which all pass from the ways of margin improvement (in terms of increasing revenue and reducing cost) and asset effectiveness (in the sense of minimizing working capital and maximizing
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Reverse auction Background Reverse auction‚ also known as downward price auction‚ is a kind of competitive bidding event where more than two suppliers compete for a single buyer’s business. During the bidding period‚ the price is driven down‚ as the suppliers compete for the chance to offer their specified product/service at a price which is set by the market environment of the reverse auction. Such auctions are commonly used by organizations and companies as a tactical way to achieve their
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STUDY OF REVERSE LOGISTICS: A comparative study of LPG Agencies in Urban and Rural areas Synopsis Submitted to the D.Y. Patil University In partial fulfillment of the requirements for the award of the Degree of MASTERS OF BUSINESS ADMINISTRATION Submitted by: BHAVIKA MISTRY (Roll.No.013007) To‚ Research Guide Sir Manish Rai School of Management D.Y. Patil University CBD Belapur‚ Navi Mumbai SEPTEMBER 2014 SYNOPSIS APPROVAL FORM
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Best-Cost Strategy VS Low-Low Cost Strategy Q1: What is the difference between best-cost strategy and low-cost strategy? Best-cost strategy is when the company makes an upscale product at a lower price which in turn gives more value to customers in exchange of money. This means that the strategy involves focusing towards customers who are value-conscious and are willing to pay money in exchange of a good that has upscale features. Low-cost strategy focuses on niche customers. They sell their
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COMPILED BY MACHOGU IAN OBARE C++ PROGRAMMING Exact Phrase Week 1 at a Glance Day Day Day Day Day Day Day 1 2 3 4 5 6 7 -Getting Started -The Parts of a C++ Program -Variables and Constants -Expressions and Statements -Functions -Basic Classes -More Program Flow Week 2 at a Glance Day Day Day Day Day Day Day 8 -Pointers 9 -References 10 -Advanced Functions 11 -Arrays 12 -Inheritance 13 -Polymorphism 14 -Special Classes and Functions Week 3 at a Glance Day Day Day Day Day Day Day 15 16 17 18
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Reverse Innovation Reverse Innovation‚ the term coined by two Dartmouth University Professors Vijay Govindarajan and Chris Trimble refers to any innovation that is first introduced in the Developing countries with an intention to later launch it in the western or developed markets. Reverse Innovation is also popularly known as Trickle-up Innovation. It is so called because generally‚ all innovations have first been made in developed countries and then bought to developing economies. So far companies
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How to Become a McDonald’s Franchisee McDonald’s is the biggest fast-food chain in the world that it boasts more than 30‚000 restaurants in 119 countries. With this unrivaled popularity‚ entrepreneurs who will franchise on McDonald’s will most likely succeed in the business; meanwhile this is how to start McDonald’s franchising. For those who want to franchise from McDonald’s‚ they can visit its companywebsite to know about the opportunities available to them are. Meanwhile‚ the corporation allows
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Field of study: Reverse Logistics | Topic: Managing returns for increased Reverse Logistics profits. | | | Research Proposal Alcuin Ninian Dhilip II MIB‚ 11SJCCMIB00 Managing returns for increased Reverse Logistics profits Reverse Logistics is one the most overlooked elements of the complete operation cycle. There is a perception that returns are a necessary evil to be avoided at all costs‚ Even though reuse of products and materials
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Introduction Reverse logistics is described as the function of handling returned products due to damage‚ expiry‚ end of life & recalls etc. In organizations there are a number of activities that describes Reverse Logistics management but are not recognized and controlled (Fassoula‚ 2007). Reverse Logistics (RL) can be considered as a way to understand the process of movement of products from downstream to the point of production for the purpose of recapturing value and proper disposal (Khan &
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Introducing Reverse Engineering Reverse engineering is a field that has undergone a lot of development in recent times. It is used so as to reduce the time to market products‚ as well as easily develop or change existing designs so as to better suit a particular engineering purpose. Reverse engineering‚ as the name implies goes against the conventional ‘product development cycle’ (Raja and Fernandes‚ 2011)‚ where CAD drawings‚ and designs are generated after a prototype is existent. The world
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