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The major environmental pressures are summarized as the three Cs Customers competition and change.
1. Customers today known what they want what they are willing to pay and how to get products and services on their own terms.
2. Competition is continuously increasing with respect to price quality selection service and promptness of delivery. Removal of trade barriers increased international cooperation and the creation of technological innovations cause competition to intensify.
3. Change continues to occur. Markets products services technology the business environment and people keep changing frequently in an unpredictable and significant manner.
QUESTION 1 Failing to plan is planning to fail. (a) Describe four types of plans that can be designed for an effective management of quality. (b) For planning to be effec
the strategies that are used to strengthen a proposal argument and examples of each.
1.Determination to enter a new territories. 2.To decide to enter a new market or not. 3.To determine how much production capacity to be builds up. 4. Helpful in deciding t
What are the Functions of Marketing Management? Functions of Marketing Management: The extensive functions of marketing management consist of the given below: a. Marke
On an individual basis, formulate a business plan to start a specialty coffee joint at an appropriate "chic location" in Singapore. The business plan has to be well written so that
measure of actual performances
If the waiting time cost per hour for a FAST truck is $100 and the waiting time cost per hour for a non-FAST truck is $40. Build the following ARENA models to help you decide which
The maintenance department is primarily a service department and as such is a part of the plants staff. Generally the maintenance department is attached to the production func
QUESTION a) Differentiate between the following key terms used in any e-banking security system: (i) Authentication v/s Authorisation (ii) Data Confidentiality v/s Data I
Question: A small general insurance company (A) writing only property business cedes a quota share reinsurance arrangement to a reinsurance company (B). The treaty cedes 40% of
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