Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Hindustan foods a leading manufacturer of food products, recorded sales of Rs 445.6 crores and a net income of Rs 54.57 crores in 2003. The company manufactured fruitcakes, cookies, biscuits, confectioneries and a variety of other food products including baby foods. The domestic confectionery market was loosely divided into seven categories-hard boiled candies, toffees, éclairs, chewing gum, bubble gum, mints, and lozenges. Hard boiled candies occupied the largest share of this market. Hindustan foods did not have a presence in this segment. It manufactured and marketed toffees as tasty bite toffees while in the chewing and bubble gum segment it had a significant presence with its Fresh mint brand.
Hindustan foods planned to enter the hard boiled fruit candy segment under its Tasty bite brand. The objective was to gain significant presence and market share in a segment that was rapidly growing. The company wanted to test three new flavors for the proposed candy, strawberry, apricot, and pine apple. Hindustan foods also wanted to measure the impact of three different retail prices-50 paise, 75 paise and 100 paise for three flavors. The company selected nine geographically separated stores, as the test stores for the new flavors and different price points. These stores were similar with respect to Hindustan foods confectionery sales and were located in neighborhoods that had similar demographic characteristics. Because each of the three flavors was to be tested at each price, a total of nine different flavors-price combinations had to be tested. Hindustan foods arranged for the delivery of the three new flavors across the stores. At the end of four weeks, the company collected the unsold candy cases. It determined the number of cases sold for each price. With the data so determined, Hindustan foods wanted to know if the differences in sales was due to the difference in flavors and what affect the different prices had no sales.
Question 1: Timmons and Spinelli (2007) argue that a core, fundamental entrepreneurial process accounts for the substantially greater success pattern among higher potential ve
Explain about the programmed and non-programmed managerial decisions. Programmed and Non-Programmed decisions: Programmed decisions are which made in accordance along wit
Explain about the work study. Definition of Work Study: Work Study, is defined through British Standard Institution, is a generic word for such techniques mainl
Knowing your Learning Patterns is important primarily because (Points : 1)
QUESTION 1 (a) Define the term management by objectives (MBO) and outline its unique features (b) Enumerate and explain the two main organizational structures? QUESTION
Question 1: (a) Describe the two main criteria that have contributed to intercultural communication within the work environment. (b) Clearly show three challenges and t
QUESTION 1 (a) What is meant by controlling? Why is it needed in organisations? (b) Discuss the different steps in the process of control. What are the essential requirement
tell me the functions of lower management ?
However, there are also costs for Natalie choosing to operate as a single trader: individual proprietors have limitless liability so this means that Natalie could possibly l
• Discuss how the successful mergers (the 2 mergers you identified earlier) affects the following areas of HR; • HR planning • Selection • Compensation • Performance Appraisal • Tr
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd