Operation Management.Case Study based on personal observationMr. Hiran Barua Avi is an instructor at Saic Institute Of Management And Technology. He is guide teacher of textile 4th semester B section. He has to manage class schedule, course teacher arrangement, industrial tour, lab class accommodation and so on. He is very popular with his pupils. They like him very much. … [Read more...] about Operation Management – Case Study
Strategies for entering into Foreign Market. Strategies for entering and competing into foreign markets are presenting in a chronological manner:Strategies for entering into Foreign Market:Export strategyUsing domestic plants for the production base for exporting goods into foreign markets is an excellent initial strategy.Strategies for entering into Foreign … [Read more...] about Strategies For Entering and Competing Into Foreign Market
Effective Strategies for Runner-up Firms. Suggested Strategies that should be beneficial especially for Runner-up FirmsEffective Strategies for Runner-up FirmsOffensive strategies to build market share.Rarely can a runner-up improve its competitive position by imitating the strategy of leading firms? An ordinal rule into this offensive strategy is to avoid attacking a … [Read more...] about Effective Strategies for Runner-up Firms
What are the different types of Demand? Demand can be distinguished from need and desire. A beggar may desire to have a car, a poor may need a modem house, but such needs and desires do not constitute any demand.What are the different types of Demand?To be a demand following conditions should be fulfilled. A desire to buy anything, Having the ability to pay, … [Read more...] about What are the different types of Demand?
Difference between Micro and Macro Economics. Economics: Economics is divided into two categories one is macroeconomics and another is microeconomics. Macroeconomics studies aggregate output, employment, and the general price level. Microeconomics studies the economic behavior of individual decision-makers like resource owners, consumers, and business firms.Fig. - Core … [Read more...] about Difference between Micro and Macro Economics
What is Internship Program? The internship is a process to achieve practical knowledge about some theoretical lessons. Basically, internship means having a practical knowledge from a real scenario of work. The purpose of the internship is to gain real knowledge of a particular subject.What is Internship Program? Two Ways for Acquiring KnowledgeTheoretical knowledge … [Read more...] about What is Internship Program? – Objective and Importance
What is GSP? The Generalized System of Preferences (GSP) is a form whereby a wide range of industrial and agricultural products originating in certain developing countries is given preferential access to the markets of the European Union and North America. The preferential agreement is given in the form of reduced or zero rates of customs duties. The GSP scheme is specifically … [Read more...] about What is GSP? And Why the US suspends GSP in Bangladesh?
Porter Five Forces Model.Porter Five Forces are very important from the viewpoint of strategy formulation. The potentiality of these forces varies from industry to industry. These forces jointly determine the profitability of industry because they form the prices which can be obtained, the costs which can be borne and the investment required to compete in the industry. Before … [Read more...] about Porter Five Forces Model
Legal but not Ethical Conducts and Ethical but not Legal Legal but not Ethical ConductsNot Ethical but Legal Not ethical but Legal definition is a major difference. Laws are written and stated and expected to be followed for legal purposes. A code of ethics is unwritten moral rules that differ from person to person and between cultures. Ethical but not Legal and Legal but … [Read more...] about Ethical but not Legal and Legal but not Ethical Conducts