International Marketing

Contract Manufacturing: Business Model, Advantages and Risks

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Contract Manufacturing

Table of Contents1 What is Contract Manufacturing?1.1 Contract Manufacturing Business Model1.2 Industries that Utilize the Practice2 Why Contract Manufacture?3 Advantages of Contract Manufacture3.1 Cost Savings3.2 Mutual Benefit to Contract Site3.3 Advanced Skills3.4 Quality3.5 Focus3.6 Economies of Scale4 Risks of Contract Manufacture4.1 Lack of Control4.2 Relationships4.3 Quality Concerns4.4 Intellectual Property Loss4.5 Outsourcing Risks4.6 Capacity Constraints4.7 Loss

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International Marketing

Scope of International Marketing

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Table of Contents1 Scope of International Marketing1.1 Imports1.2 Exports1.3 Contractual Agreements1.4 Joint Venturing1.5 Fully Owned Manufacturing2 Difference Between Domestic and International Marketing2.1 Method of Selling2.2 Selling Environment3 FAQ Related to Scope of International Marketing Scope of International Marketing These are the following scope of international marketing explained below: Imports This is the easiest form of

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Human Resource Management / Management / Marketing Management

Strategic Planning Process

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Table of Contents1 Strategic Planning Process1.1 Input to Organization1.2 Industry Analysis1.3 Enterprise Profile1.4 Orientation, Values, and Vision of Executives1.5 Mission1.6 Present and Future External Environment1.7 Internal Environment1.8 Development of Alternative Strategies1.9 Evaluation and Choice of Strategies1.10 Consistency Testing and Contingency Planning2 FAQs Related to the Strategic Planning Process Strategic Planning Process These are the steps

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Human Resource Management / Management / Marketing Management

Features of MBO

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MBO stands for Management by Objectives, which is a management approach where managers and employees work together to define and set specific, measurable, and achievable goals for an organization. Table of Contents1 Features of MBO1.1 MBO as a Philosophy1.2 MBO as an Approach1.3 Organizational and Individual Goals Determination1.4 Tangible Objectives1.5 Top-Down and Bottom-Up Approach1.6 MBO

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Human Resource Management / Management / Marketing Management

Management by Objectives: Definitions, Features, Objectives, Processes, Advantages, Limitations

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Table of Contents1 What is Management by Objectives?2 Definition of MBO3 Features of MBO3.1 Superior-Subordinate Participation3.2 Joint Goal-Setting3.3 Joint Decision on Methodology3.4 Makes Way to Attain Maximum Result3.5 Support From Superiors4 Objectives of MBO4.1 Objectives May Be Tangible or Intangible4.2 Objectives have Hierarchy4.3 Short-Term and Long-Term Objectives4.4 Objectives Sometimes May Be in Conflict With Each

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Human Resource Management / Management / Marketing Management

Decision-Making Process

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A decision-making process is a systematic approach to identifying and choosing the best alternative from a set of available options. It involves a series of steps that are followed to arrive at a final decision. The process typically includes problem identification, information gathering, evaluation of alternatives, selection of the best alternative, and implementation of the

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Human Resource Management / Management / Marketing Management

Limitations of Planning

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Planning is a crucial aspect of decision-making, but it also has certain limitations that must be considered. These limitations of planning include issues such as uncertainty, complexity, and resource constraints, which can affect the accuracy and effectiveness of a plan. Additionally, the changing nature of the environment, as well as unforeseen events, can also impact

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Human Resource Management / Management / Marketing Management

Objectives of Planning

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Planning is important because it enables the organization to survive and grow in the dynamic, changing environment. Planning is the basis of the distinction between successful and unsuccessful organizations. In a dynamic environment, planning helps in scanning environmental changes and forecasting the future. Table of Contents1 Objectives of Planning1.1 Achievement of Organizational Objectives1.2 Fulfilment of

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