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Investment in information technology can permit a business to lock in customers and suppliers by building valuable new relationships with them. Earlier this approach was utilized to improve the quality of service to customers and suppliers. Now this approach utilized for customized design suggestions and other innovation ideas from them.
Exp:-Wall mart develop an elaborate satellite network linking all of its stores and it is as well provided buyers, managers and sales associates with up-to-date inventory, sales, shipping and account status information to improve product inventories, buying and store management.
Technology has transformed organisations, industries and ways of doing business. Explain the reasons for the growth of business-to-consumer (B2C) trading through onlin
Problem: Globalisation and trade liberalization are having a lot of impact on the way businesses are being managed today. The business environment has become very dynamic. In s
What are the benefits of leaving the allocation of country resources to the price mechanism? Ans) The main conditions needed are: 1. Either a finite number of agents or goods
What is model building approach of business forecasting
Define the sources of manpower recruitment from outside the company. Sources of manpower recruitment by outside the company: • Friends and relatives of current workers duly
VK Ltd a multi product company, furnishes you the following data relating to the year 2000. First half sales Second half sales Sales Rs.45000 Rs.50000 Total cost Rs.40000 Rs.43000
define placement and its importance
QUESTION (a) What are the different stages of team development and elaborate on each of them and explain the importance of each of these stages. (b) The ‘reflective thinking
QUESTION (a) Compare the two- and three-tier Web client-server architectures, and indicate the role of each tier in each architecture. Which architecture is the most likely can
QUESTION 1 a) Define good governance b) Describe the importance of good governance in the business context QUESTION 2 Taking the Mauritian context in consideration
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