Management Notes

Steps in New Product Development Step 1: Generating. … Step 2: Screening The Idea. … Step 3: Testing The Concept. … Step 4: Business Analytics. … Step 5: Beta / Marketability Tests. … Step 6: Technicalities + Product Development. … Step 7: Commercialize. … Step 8: Post Launch Review and Perfect Pricing. MBA Question on […]

Conflict management: why conflicts occur and various techniques tp resolve conflicts. What is Conflict? Conflict is an inevitable part of personal, organizational and societal life. GET INSTANT HELP FROM EXPERTS! Looking for any kind of help on your academic work (essay, assignment, project)? Want us to review, proofread or tidy up your work? Want a […]

Warehouse management is part of the logistics management system, which in itself is part of the supply chain. Warehousing plays a vital role in the overall supply chain process. Storing goods and releasing when needed creates time utility. Inbound functions assist to prepare for storage and outbound functions pack and ship orders, resulting in benefits […]

Channel Management (the term is widely used in sales marketing parlance) is a process where the company develops various marketing techniques as well as sales strategies to reach the widest possible customer base. The channels are various ways or outlets to market and sell products. MBA question / Case study on this topic: GET INSTANT […]

Marketing Strategy concepts, questions, projects. Strategic marketing is what is being carried out by a business that has clearly documented marketing strategy that is guiding all its marketing activity. It covers things like Mission, Vision and Values, Objectives, Target audience, Competitive Positioning. Strategic marketing helps an organisation differentiates itself from the competition so that it […]

Combination Strategy (also referred to as Portfolio restructuring) is the combination of various strategies (stability, growth & retrenchment strategies). Organisations adopt such strategies for various businesses with the aim of improving its performance. MBA assignment questions and case studies on Combination Strategy: GET INSTANT HELP FROM EXPERTS! Looking for any kind of help on your […]

Force-field analysis is a development that provides a framework for looking at the various factors that influence a situation (mostly social situations). To carry out a Force Field Analysis, follow these five steps. GET INSTANT HELP FROM EXPERTS! Looking for any kind of help on your academic work (essay, assignment, project)? Want us to review, […]

Successful companies operate according to a business model that can be broken down into four elements: Customer value proposition that fulfills an important job for the customer in a better way than anything competitors offer Profit formula that lays out how the company makes money delivering the value proposition Key resources and key processes needed […]

Learn about Cloud Computing, its architecture, issues, economic considerations of the cloud, new digital business models and opportunities for innovation offered by cloud-based systems. Top cloud offerings include Amazon Web Services, Google Cloud Services, Windows Azure and Salesforce.com. What is Cloud Computing? Cloud computing is a computing environment in which software and storage are provided […]

Customer lifecycle management (CLM) involves measuring various customer related metrics, which, when analyzed for a period of time, provides insights about the performance of a business. Four phases of Customer lifecycle: Marketing, Customer Acquisition, Relationship Management, Loss/Churn. GET INSTANT HELP FROM EXPERTS! Looking for any kind of help on your academic work (essay, assignment, project)? […]

Competition law in India, Competition Act | Competition Commission of India (CCI). Introduction Back in the 90s, during the 1991 Indian economic liberalisation, the government of India felt the need to promote a healthy competition among businesses and to back private enterprise. Considering the economic development of the country, it was felt that a Commission […]

Key differences between Bailment and Pledge. Bailment refers to hand over or transfer of goods from one party to another party for some specific purpose. Pledge, on the other hand, implies a contract, where an article/thing is deposited with the money lender, as security for repayment of a debt. The use of goods is prohibited […]

Control chart is a statistical tool that shows whether a process is in control or not. Control chart is commonly used as an improvement tool. A control chart plots a quality characteristic statistic in a time-ordered sequence. A center line indicates the process average, and two other horizontal lines called the lower and upper control […]

A Professor Explained Marketing to MBA Students 1. You see gorgeous girl in party, you go to her & say I am rich marry me – That’s – Direct Marketing. GET INSTANT HELP FROM EXPERTS! Looking for any kind of help on your academic work (essay, assignment, project)? Want us to review, proofread or tidy […]

A degree in Leather Designing can help students put their creativity to use in the growing industry. Here’s how leather designing is growing by leaps and bounds. With the demand for leather goods increasing at a global level, a specialised course in Leather Goods & Accessories Designing is making students stand out in a creative […]

E-Commerce and Digital Marketing for (Third Year) BMS Students: Syllabus, notes, assignments, and projects. BMS stands of bachelor of management studies and is a popular course at the undergraduate (UG) level in Mumbai colleges. E-Commerce and Digital Marketing is a subject for third-year BMS (TYBMS) courses in Mumbai. GET INSTANT HELP FROM EXPERTS! Looking for […]

People’s Home Gadgets (PHG) is a relatively young company that competes in the consumer electronics and appliances industry (TVs, computers, kitchen appliances, etc.). It has quite a large selection of items, and the range of the products PHG carries spans the price spectrum of very low cost to very high end. For example, some of […]

Within Internet marketing, one of the more effective marketing methods is promoting on social media. Today, for any business to be successful, it needs to have a strong presence on social media. People no longer look for products and services only through google search; it is becoming increasingly normal to buy things based on recommendations […]

Email marketing involves sending a commercial message to a group of people on a list (that a company builds by capturing email-ids). Email marketing is still widely used and its a great tool for building customer relationships to help you generate leads and sales. Capturing emails of the visitors who come to a company’s website […]

Hari Sinha is a marketing executive with Hardbyte Computer Peripherals Ltd. Hardbyte is a company with 10 years of existence and has a sound product range in computer peripherals. It sells its products at a slightly higher price in the market because of its goodwill for quality. Hari Sinha is one of the best marketing […]

While formal groups are formed by the organization to achieve special objectives, informal groups emerge on their own, based on the common interests of employees. The group may focus on issues that improves the workplace/morale or it could even be detrimental to the organization. Case Study: GET INSTANT HELP FROM EXPERTS! Looking for any kind […]

Depreciation is the reduction in the cost of an asset used for business purpose over a period of time due to factors such as usage, passage of time, wear and tear, technological out-dating or obsolescence, depletion, inadequacy, rot, decay. Depreciation explained GET INSTANT HELP FROM EXPERTS! Looking for any kind of help on your academic […]

Elements of costs are as follows: Material Cost: Cost of material and commodities Direct Materials: Direct materials are those which an be identified with individual cost centers and which becomes an integral part of finished products. Example: timber used for furniture, bricks and tiles for building Indirect Materials: Cannot be identified with indicidual cost centers, […]

GROUP TECHNOLOGY Group technology (GT) is a manufacturing technique that identifies and exploits the sameness of parts and manufacturing processes. Organizational units are relatively independent groups, each responsible for the production of a given family of products. A group is a combination of a set of workers and a set of machines and/or other facilities […]

Plant layout planning involves arrangement of various facilities and services of the plant within the area of site. All the facilities like equipment, raw materials, machinery, tools, workers, etc., have to be placed at proper places. There are four types of layouts: Process Layout, Product Layout, Combination layout, Fixed position layout. GET INSTANT HELP FROM […]

Can a business be a financial success and also be valuable to society? Is it ethical to outsource production to low-wage countries where working conditions are vastly inferior to those in the US? There are many examples of companies that do both – “doing well” (financially) and “doing good” (for society and stakeholders), that meet […]

As per the companies Act, companies (meeting certain guidelines) have to take up Corporate Social Responsibility (CSR) projects/activities. The Ministry of Corporate Affairs has notified Section 135 and Schedule VII of the Companies Act 2013 as well as the provisions of the Companies (Corporate Social Responsibility Policy) Rules, 2014 to come into effect from April […]

Business sustainability (or corporate sustainability) is the management of environmental, social and financial factors to ensure ethical and ongoing success. Top advantages of being a sustainable business: GET INSTANT HELP FROM EXPERTS! Looking for any kind of help on your academic work (essay, assignment, project)? Want us to review, proofread or tidy up your work? […]

Essay on Productivity (Business Management, Production Management, Industrial Engineering). What is Productivity Productivity is the function of providing more and more of everything to more and more people with less and less consumption of resources. The volume of output attained in a given period of time in relation to the sum of the direct and […]

Difference between Isoquants and Indifference Curves. An isoquant is similar to an indifference curve in several ways. In it, two factors (capital and labour) replace two commodities of consumption. An isoquant shows equal level of product while an indifference curve shows equal level of satisfaction at all points. GET INSTANT HELP FROM EXPERTS! Looking for […]

In economics, “competition” means the rivalry among sellers in the market who are trying to increase their profits, market share, and sales volume by offering the right marketing mix: price, product, promotion and place. The four types of competition in a free market system: perfect competition, monopolistic competition, oligopoly, and monopoly. GET INSTANT HELP FROM […]

Managers often resort to tools that will help them predict the future to some extent. Business forecasting is an essential component of corporate planning as it enables the organization to minimize risk and uncertainty. Demand forecasting is a specific type of business forecasting. Demand forecasting helps organizations reduce risks involved in business activities and make […]

Informal Communication is the casual and unofficial form of communication wherein the information is exchanged spontaneously between two or more persons without conforming the prescribed official rules, processes, system, formalities and chain of command. Grapevine communication is the informal communication (rumour, gossip), generally word-of-mouth communication that spreads throughout the organization in a random manner, and […]

Here’s how to prepare a balance sheet, with a simple example. From the following entries, prepare a balance sheet for KKT corp. Ltd. in terms of current assets, fixed assets, intangible assets, current liabilities, long term liabilities and stockholder’s equity. GET INSTANT HELP FROM EXPERTS! Looking for any kind of help on your academic work […]

Manipal Hospital is situated in Bangalore, known as the Garden city of India, with a population of around six million. The hospital, located on Airport Road, the centre of the eastern part of the city, opened its doors in 1990 for the in and around Bangalore citizens to usher in a new era of sophisticated […]

Here are some of the important factors which must be considered while selecting an optimum location for an plant/factory. Proximity to the Market: Market is the location of buyers and hence becomes an important factor for plant location planning. Industry units try to be as close to the market so that customers can be better […]

‘Non-resident Indian’ is an individual who is a citizen of India or a person of Indian origin and who is not a resident of India. Thus, in order to determine whether an Individual is a non-resident Indian or not, his residential status is required to be determined for taxation. As per Income-tax Act, an individual […]

[MBA Case Study]: Assignment question, impact of TDS & Cash Payment. ABC Ltd.’s profit before tax as per P&L account was Rs. 240 crores. The following information was available regarding ABC Ltd on scrutiny: GET INSTANT HELP FROM EXPERTS! Looking for any kind of help on your academic work (essay, assignment, project)? Want us to […]

The Budget 2018 proposes to change how LTCG on equity shares and units of equity-oriented MFs are taxed in your (an individual’s hands). If you sell after 31.3.2018 the LTCG will be taxed as follows: (Also refer to tables at the bottom) 1. The cost of acquisition of the share or unit bought before Feb […]

Management (MBA) questions, notes and case studies on Customer Service Q) You are the customer service manager for OmYoga.com, an online store selling Yoga apparel. A customer has written an angry email complaining that the Yoga leggings she purchased a month ago have shrunk and the colour has faded. She mentioned that she machine-washed her […]

What is Competitive Advantage and various ways to achieve it. Competitive advantage is a set of unique features of a company and its products that are perceived by the target market as significant and superior to the competition. It is the reason behind brand loyalty, and why you prefer one product or service over another. […]

In business, product is anything that can be offered to the market to satisfy a need or want. Question: [MBA Case Study]: Product life cycle (NMIMS Marketing_Management). GET INSTANT HELP FROM EXPERTS! Looking for any kind of help on your academic work (essay, assignment, project)? Want us to review, proofread or tidy up your work? […]

NMIMS [MBA Case Study] External environmental variables in Business (Marketing_Management) Question Mitsui Fonda, the world’s leading automobile manufacturer, is considering launching a hybrid concept car which runs on three fuels: water, electricity and petrol. Priced at Rs. 30 Lakhs, the company is considering making a foray into the Indian markets. GET INSTANT HELP FROM EXPERTS! […]

Boundary spanning is more of an academic term for developing external relationships in order to accomplish your business objectives. This is usually accomplished by joining an industry association to help lobby for legislative changes or partnering with another small business to increase sales. Public relations is a boundary spanner, that uses several communication methods to […]