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Explain the term Open book management in shortly.
Open book management:
The practice of sharing financial and performance information is frequently considered to as open book management. This is larger than many human resource practices as this combines a number of practices as like profit sharing, employ of bonus, training workers to understand the business. This management generally combines generous bonuses beyond competitive base pay for broad groups of workers while the firm’s goal is attained.
Steps involved in designing a channel system: Formulating the channel objective: Formulating the channel objectives is the first step in designing a channel system. The objecti
How marketing efforts can be controlled and evaluated? Marketing Efforts with Implementation, Control and Evaluation: Marketing is not a controlled process within an insu
Question 1: McCarthy (1960) formulated the concept of 4Ps- Product, Promotion, Price and Place marketing mix. For several years these were the principal foundation on which
Competing with rivals is unavoidable part of doing any business; however, Murphy's Stationery is losing the ground. You are required to conduct a research regarding current traditi
what are the significant factors that have led to the success of shoppers’ stop
all triangles have right angles. is that right?
Sales Budget This is a forecast of unit sales volume and sales dollars. Oftentimes if the firm sells a significant portion of its products on credit terms, the budget will also
process of disigning distribution channel
Q. Explain Client agency relationship? Meaning: Clint agency relationship among advertiser and the ad-agency. Cordial Relationship with full trust as well as confidence is must
Product Line Pricing : Whenever a firm markets a variety of products grouped into appropriate product lines, a particular possibility in pricing arises. As the product in a part
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