Case Study about Economic Development and Working Conditions
There are other, less transparent features of EPZs that are sometimes used to provide further incentives for firm investment and export. One is a relaxed regulatory environment, including with respect to the enforcement of labour rights and standards, foreign ownership regulations and on the leasing or purchasing of land. Another feature (although not available to all countries simultaneously) is an undervalued currency that renders costs lower (in foreign currency terms) and raises export competitiveness.
Over the past five years, EPZs have grown in terms of their number, in terms of the number of countries offering them, in terms of their size and in terms of the scope of industries they comprise. This expansion has occurred in the face of increasing economic and political opposition to EPZs at the global level. The Agreement on Textiles and Clothing ended the global quota system for apparel, which accounts for more EPZ output than any other. This has already resulted in enormous increases in China’s share of global apparel exports, and huge declines in market share in other countries. Keep reading…
A Case Study about Fast Moving Consumer Goods Competitive Conditions and Policies
Abstract:~ Fast moving consumer goods (FMCGs) constitute a large part of consumers’ budget in all countries. The retail sector for FMCGs in Turkey is in the process of a drastic transformation. New, “modern” retail formats, like chain stores and hyper/supermarkets, have rapidly diffused in almost all major urban areas, and increased their market share at the expense of traditional formats (grocery shops, green groceries, etc.) in the last couple of decades. This rapid transformation has raised concerns about competitive conditions in the sector.
Introduction:~ Fast moving consumer goods (FMCGs) constitute a large part of consumers’ budget in all countries. Retail trade in these products, that is, their supply to households, has attracted considerable interest from consumers and policy-makers because a well-functioning retail sector is essential for daily provision of these essential products at high quality and low cost. he retail sector for FMCGs in Turkey is in the process of a drastic transformation. New, “modern” retail formats, like chain stores and hyper/supermarkets, have rapidly diffused in almost all major urban areas, and increased their market share at the expense of traditional formats (grocery shops, green groceries, etc.) in the last couple of decades. This rapid transformation has raised concerns about competitive conditions in the sector. Keep reading…
Study about Location Marginal Pricing Approach To Minimize Congestion In Restructured Power Market
Abstract:~ The privatization and deregulation of electricity markets has a very large impact on almost all the power systems around the world. Competitive electricity markets are complex systems with many participants who buy and sell electricity. Much of the complexity arises from the limitations of the underlying transmission systems and the fact that supply and demand must be in balance at all times. When the producers and consumers of electric energy desire to produce and consume in amounts that would cause the transmission system to operate at or beyond one or more transfer limits, the system is said to be congested. In this paper, Locational Marginal Pricing approach is adopted to locate the spots of congestion in the Indian utility system under various critical conditions of the system, such as transmission line outage, increase in loads and generation failure and the results are found efficient in minimizing the congestion.
Introduction:~ Electricity Supply Industry (ESI), throughout the world, is undergoing restructuring for better utilization of the resources and for providing quality service and choice to the consumer at competitive prices. Restructuring of the power industry aims at abolishing the monopoly in the generation and trading sectors, thereby, introducing competition at various levels wherever it is possible. Electricity sector restructuring, also popularly known as deregulation is expected to draw private investment, increase efficiency, promote technical growth and improve customer satisfaction as different parties compete with each other to win their market share and remain in business. Electricity markets throughout the world continue to be opened to competitive forces. The underlying objective of introducing competition into these markets is to make them more efficient. In competitive environment, the price is determined by stochastic supply and demand functions. Keep reading…
Introduction:~ The fundamental question in the field of strategic management is how organisations achieve and sustain competitive advantage (Teece, et al, 1997) and therefore attain above industry-average profit. However, since both the business environment and individual firms are dynamic systems, continuously in flux, it is a big challenge to achieve a fit between these two systems (de Wit B and Meyer R., 2004) and therefore get the competitive advantage. This essay will firstly assess and consider the balance of marketled and resource-based approaches from the academic point of view. These two approaches should be viewed as complementary (Prahalad and Hamel, 1990; Mintzberg et al, 1995; Greenley and Oktemgil, 1996).
Following the discussion, the essay just analyzes Nokia’s strategies and empirically justified the reciprocal and complementary relationship between these two approaches. On the process of Nokia’s development, the company achieved success because it could balance these two approaches well. Once it failed to do so, the company immediately suffered the fall in 2004, lost market share and decreased the revenue. However, the company quickly recovered because it followed the market trends, and simultaneously its strong internal strengths neutralised the external threats. In addition, I will argue that Nokia can maintain its market share and its market leader position in the following years based on the good market opportunities in mobile phone industry and its strong internal resources basis. Secondly, this essay will assess Nokia’s strategies in terms of emergent and planned approaches as well. Within the dynamic and complex mobile phone industry, both approaches are necessary if Nokia is to succeed. In conclusion, all four approaches discussed collectively promote Nokia’s success. More Information onStrategic Management at Nokia
A Case Study about Universal Weather and Aviation, Inc
Objective: Universal Weather and Aviation had invested in sales training previously and now wanted to look at more sales/relationship training. Without the appropriate relationship development, there will be little influence across growth accounts, which will lead to lack of loyalty from client stakeholders. There will be no differentiation/value-add from competition.The overall impact on the business is lost opportunities for Sales, resulting in Universal not growing their market share as easily as they could, and having direct implications on the overall turnover and profit of the business.
Solution: Universal Weather and Aviation has two sales structures in place, account management and UVair working both in telesales and face to face environments. Both of these two areas have similar needs in the way that relationships are developed in order to grow business. The business will need a sales force which is highly organised building fast and long term relationships to differentiate itself and drive it’s competitive edge.UVair is currently taking a strategic step in building relationships with the current client base in order to up sell fuel and grow this revenue stream. keep reading…
Case Study about its Causes and Effects to Different Industries in Bangladesh
Abstract: Productivity is very important issue for an industry or organization. There are several factors on which productivity of an organization mostly depends upon. Employee’s turnover is one of them which is considered to be one of the challenging issues in business nowadays. The impact of turnover has received considerable attention by senior management, human resources professionals and industrial psychologists. It has proven to be one of the most costly and seemingly intractable human resource challenges confronting by several organizations globally. The purpose of this research is therefore, to find out the actual reasons behind turnover and its damaging affects on the productivity of different industries in Bangladesh. The authors of this paper were visited and studied several local industries both from government and non-government sectors in Bangladesh and observed the suffering for turnover problems. The objective of these case studies were to find out the actual reasons of turnover, its negative effects and possible recommendations that could be helpful to the local industries for their productivity and market share.
Introduction: Today’s competitive business world, it is considered to be an important task to manage employee turnover for any organization. Naturally people want diversities in his/her everyday life; seeks for new and challenging jobs and good working environment in job place. To provide these things to the employees in an economic way is very difficult and cumbersome. But it is also crucial for any organization to retain its talented employees. Every organization wished to have high productivity, fewer turnovers and to be profitable. Managing turnover successfully is a must to achieve the above goals. Reading more…
Background: In February 2010, the biggest challenge SEAT UK faced was to raise its awareness within the fleet market in order to become the fleet manufacturer of choice at both driver and corporate decision maker level. Prior to 2009, SEAT had not been at the forefront of fleet decision makers’ minds when reviewing their fleets.
This, coupled with the current economic situation, meant that SEAT UK’s aim to double their fleet market share was a huge challenge. To help them overcome this challenge, SEAT UK appointed 20:20 Dialogue to provide a team of expert business development executives to manage their new Fleet Business Centre. Keep Reading..
Introduction: Founded in March 1994, with roughly 3.59 million subscribers at the end of 2005 and a market share of 57.6 percent as of December 31, 2005, Mobiltel has as its primary aim to provide high-quality telecommunication services, ensuring the secrecy of telecommunications, including information services 24 hours a day, seven days a week. Mobiltel, like any other business that creates valuable intellectual property in a highly competitive global marketplace, needs the ability to safeguard the privacy of its confidential data and business documents.
Situation: The main responsibility undertaken by Mobiltel is to provide high-quality telecommunication services, ensuring the secrecy of telecommunications, including information services 24 hours a day, seven days a week. All of these responsibilities must take into account the demands of a global trade environment and the rapid growth of financial and commercial relationships supported by an IT technology that must be safeguarded against fraudulent events.
Case Study about Sales and Production Volume Variances in Standard Costing
Abstract: In this paper we discuss the choice of a numeraire for the calculation of the sales volume variance. The sales volume variance seeks to report the effect of the actual sales volume being different from the budgeted sales volume. If different numeraires are possible, then different values for the sales volume variance will exist for a given deviation between planned and actual sales levels. We observe from the explicit or implicit materials in various common cost accounting textbooks that at least three numeraires are in evidence of use. These are: sales revenue; contribution margin and full-cost margin. The objective of this paper is to compare the effects of using the different numeraires.
Introduction: Sales-related variances are critical to the management of any organization. It is difficult to imagine any control area where there is such a high degree of variability, and so serious an effect on the operating income. Salesrelated variances would include sales price, sales volume, sales mix, sales quantity, market size and market share variances. It is the purpose of this paper to examine the basis upon which the calculation of sales volume variances is done, and to consider their interaction with production volume variances.
ABC Finance Corp. is a major financial firm with presence in NBFC, Insurance and private equity. Its NBFC subsidiary TFPL is one of the strong NBFC firms, with a pan India presence focused on the transport sector. TFPL has a strong presence in the business of financing small transport operators. They focus both on new trucks and pre-owned trucks for lending, with their portfolio comprising of 45% of the loans for new trucks and the remaining for used trucks. Their unique business model has so far helped them to be a market leader in the segment.
Most of their customers are not a focus segment for banks as these customers lack substantial credit history and other financial documentation on which many of such financial institutions rely to identify and target new customers but TFPL has enjoyed a huge market share with such customers. Moreover the market for commercial vehicle financing, especially the pre-owned commercial vehicle financing, being very fragmented, TFPL’S credit evaluation techniques, relationship based approach, extensive branch network and strong valuation skills have helped them run this risky business model more profitably compared to other financiers..