Business

Smart Chips Company Steps

Smart Chips Company Porter has highlighted six steps for ensuring cost reduction in value chain management. The reduction in costs can be experienced throughout the production line and therefore reduce the final price of the product. It individually accesses different entities involved like the suppliers and managers etc. a basic point is to invest in […]

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Why is media buying stagnating?

India should have been the seat of the best media work in the world, but it is not. A look at why media buying is still a miniscule business here and what stymies its growth The corporate world is abuzz about its services, and the business is growing at a breakneck speed, yet, in India, […]

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Independent directors constitute at least one-third of their boards will be delisted

Companies that fail to comply with SEBI’s revised ‘clause 49’ to ensure that independent directors constitute at least one-third of their boards will be delisted. To ensure corporate governance the securities and Exchange Board of India (SEBI) has stipulated that effective from January 2006 at least one-third of the directors on the board of a […]

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Shakespeare’s Macbeth as portrayed by Roman Polanski and the Royal Shakespeare Company

Before watching any of the above versions I read the brief script for the first scene. From this piece of the script I would expect each of our extracts to fulfill the wishes of Shakespeare: set in ‘an open place’ and with ‘thunder and lightning.’ Yet these are the only stage directions so the production […]

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Slatterys

Like most businesses, Slatterys is one of many businesses that are affected by the exchange rate, in various different ways. Exchange rates can influence the amount of money, Slatterys has to spend on overseas imports. As Slatterys is a high-class chocolatier, one of the major organic ingredients needed to make chocolate are cocoa beans which […]

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Changes in the business environment and their impacts on business strategies

The external environment of a business affects all its decision. Changes in the business environment of businesses create both opportunities and constraints for the business. They stem from various sources including economic, social, technological, legal and political factors. Different firms will be affected by different factors, but all will be subject to economic changes. Markets […]

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The business that affect the business, and it has no control over them

Ikea External influences are factors outside of the business that affect the business, and it has no control over them. Competition Ikea have got many competitors nearby but this does not have a major affect on them as they are constantly competing on prices, quality, availability and their product range. They have got many different […]

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Business – External Influences

Every business is part of an external network called the Environment. This network plays a large role in the way a business functions and is run. The effects of the environment on the business can be both a boon or a bane to the business. The External Environment in which a business operates can be […]

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Every business experiences external influences which they need to manage properly

hey normally have less control over this. A business has to face external influences from three main areas: ‘Business Competitors’, ‘Economic Conditions’ and ‘Environmental Constraints’. If a business does not respond to these changes efficiently then it is unlikely to be successful because its competitors will steal its customers. “Business Competitors”. A. Nearly all businesses […]

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Modern Business environment

Modern Business environment is a rapidly changing environment. Marketing, as an important aspect of modern business, need more theories and techniques support in dealing with this environment. Therefore, the appropriate application of marketing theories and techniques poses great effect on business performance. Capabilities Based Marketing is a promising approach in handling some confusing marketing problems, […]

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