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This enable the decision maker to select the most appropriate course of action. This needs more care and efforts. If validates or verifies the expected outcomes of each hypothesis. Here greatest volume and intensity of data are likely to be gathered. Sometimes uncertain conditions may force the decision maker to use his intuition and judgment but in general major decisions are always based on convulsive research.
The utility and performance of decision with regard to the solution of a problem can be ascertained by means of performance monitoring research. It reports the changes in operational results that appears appropriate to the action and also ascertains whether the conditions under which the action was taken have turned out to be significantly differently from those when the action was selected.
Assess the current strategy: 1. Does the current strategy strengthen the feedback processes driving growth? Yes, the current strategy strengthens some of the feedback pro
PROMOTING PRODUCTS ABROAD : The various methods of export promotion usually adopted are advertising, direct mailing, point of purchase displays, and trade fairs and exhibitions. L
Agency Commission on Exports : Authorised dealers may allow payment of commission, either by remittance or by deduction from invoice value, on application submitted by the exporte
How should Shopper’s Stop develop its demand forecasts?
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What are the benefits of using projective techniques in comparison to focus groups and in-depth interviews? Answer Projective techniques have a major benefit over focus gro
Export Claims: Authorised dealers are permitted to remit export claims by exporters on application by letter. The application contains particulars such as Reserve Hank Code Num
Here the hypothetical solution or actions are explored and evaluated by the decision marker. These studies do not require extensive efforts as information from previous studies can
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Negotiation of Export Documents under Letters of Credit : Where the exports are under letter of credit arrangements, the banks will negotiate the export bills provided it is drawn
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