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Business Networking

Business networking refers to a socio-economic activity through which groups of like-minded business people create, recognize or act upon business opportunities. It is regarded by many business people as a more cost-effective method of generating new business compared to public relations or advertising efforts.

586 Questions

What are the Disadvantages Of Product Oriented Marketing?

Product orientated companies fail to provide value to the consumer. They design a product and market it to a vast majority of people without telling them why they want it. The company creates the product and attempts to market it with their costs in mind, not the customer's. The product is made and designed as economically as possible to maximize profit.

This is usually done by a company trying to sell a product by the price such as "soap" or "toothpaste". These companies eventually fail as they pose no value to their customers. Who would buy "soap" when you can by a bar that "cleans and keeps moisture in your skin"? Are they not the same thing, just positioned differently? Think about it next time you buy Dove and not the boring store brand.

What is vision statement of maruti?

Vision

The leader in the Indian automobile industry, creating customer delight and shareholder's wealth; a pride for India.

What are the basic royalty and advertising royalty of a Subway franchise?

The basic royalty + marketing is 12.5% of the gross sale, and 30-33% of the gross sale on Food cost which results in an average 45.5% on royalties overall, and doesn't include operating expenses.

You can obtain more information from Subway together with their Franchise information by visiting the Related Link below. get mcdonalds people

What is the address for Gordon Smith Chase Card Services?

gordon.smith@chase.com

I've read some blogs and this is what I found. If you find the answer to this question and this email address is not correct, please post it here for everyone else.

Thanks Hope you get everything cleared up with Chase

What are the external factors affecting HRM?

1. strategic environment

2. government legislation

3. Labour unions

4. Management thought

What is strategic formulation?

Strategic formulation is the process of creating a strategy for a business. A strategy is a competitive position a business will take to compete in the industry.

What is Zara mission and vision?

Zara mission and vision is to give the customer an exclusive choice of fashion by providing a quicker turnover of new stock than other fashion retailers.

How much does it cost to advertise in the sun for 22 days?

Hi there, My name is Ishmael Peterson, and I work for 'SUNny side up corporations limited'. Due to the current economical state, the Sun would cost approximately £79.99 per day to rent an advertisement page in our newspaper. Alternatively, you could rent it for a whole month and get a reduction of £13.67 (inc tax) at the end of the month. I hope this is of some use to you. Please email me at: 'manager@sunnewspaper.co.uk Thanks, Mr Ishmael Peterson. The above answer is pure fiction! There is no 'SUNny side up corporations limited' - have a look yourself Ishmael Peterson probably doesn't exist - I can find no mention of him online 'manager@sunnewspaper.co.uk doesn't exist - just try sending him an email £80 per day for a whole page? don't make me laugh! It's £330 + VAT for a tiny 3x1 cm ad per day. If you want to advertise in the Sun, email '''adbooker@newsint.co.uk'''. Mike.

What are the two advantages of cable management?

Better Cable management provides an aesthetic look to cable Plant and mostly importantly eases maintenence for moves, adds and changes in cabling.

Sreelal Nellary

9 A disadvantage of using a sentence outline instead of a topic outline is that a sentence outline is often?

One disadvantage to using sentences to outline instead of topics is the fact that you will have too much information. With topics, you can easily scan the outline to get the information you need.

Distnguesh between social networking and business networking?

Both are related with each other in someway.

1. Social Networking

2. Business Networking.

You can implement business in social and social in business networking only to some extent. Since Both are like Riding a Boat on water and car on the road. but anyways, Like I said you cannot take your social life into an office and you cant take your professional life into social places. So to define both separately I just have put things in my own words. So do not try to use these in a term or subject paper.

1. Social Networking

This type is for people and by people only meant for personal life and nothing to do with any kind of business and should not be mixed with business.

Note: The best example is Match.com (That website is not doing business with your life but it is a business helping/making peoples lives better by making/forming couples)

2. Business Networking

This type is for business and run by business for business since a couple of people form a business and they run that business to help other people and try to make their lives better and I personally noticed some business run but do not know that they are playing with peoples lives the best example is Quikstar / Amway.

*** Well this article does not pose any harm or is no way related to any of the business directly or indirectly. The examples are taken for my personal life. ***

In addition, you may also use social networking to do profit for your business. How? First, define your audience, locate your potential customers, build a social relationship with them and promote your brand and website. What you choose to do will depend on what your business needs.

Listen, share and always be humble. Talking about money you are making will not going to win you any friends.

Why technology is an important factor in external environment?

BY MOHAMMED MAJEED-0244366156-MBA PGSM

Technology's Impact on Businesses

The impact of technology has been most evident on business within the last 20 years with the growth of the microchip and the adoption of personal computers, as well as the retooling of old systems and the development of new systems that rely on computer technology.

Globally, we are in the Age of Technology, a time that history will no record as a period of when businesses made giant strides in creating smart machines, smarter processes, and perhaps even smarter business people.

Technology in the OfficeMass adoption of the word processor and, later, the personal computer brought office productivity out of the dark ages. Gone were the days of using carbon paper and mimeograph machines to make a few duplicates. High-speed printers are capable of producing hundreds of pages of collated and stapled documents in 256 colors. Technology Out of the OfficeCell phones beam from satellites positioned in a geostationary orbit 22,300 miles above our heads, allowing sales professionals on the road to communicate with customers, the office, or home. Wireless Internet lets businesspeople access their mailbox from a cell phone or manage their calendars. PDAs (personal data assistants) now keep contact numbers and appointment dates, and provide the latest updates on the stock market.

Technology in Manufacturing

The impact of technology on business is especially evident in the manufacturing sector. There are few mass-produced products that are manufactured without the aid of computer automation. Computers integrated with processing machines in manufacturing companies have greatly increased the number of widgets a company can produce. Computer sensors can scan finished products and detect defects that might be missed by the human eye. Technology Expands MediaMedia outlets for business marketing have increased as both broadband and wireless Internet adoption has exploded among all consumer groups. The fear that multicultural groups were being left behind in a so-called digital divide was only recently refuted when an April 2009 study by Pew Internet and American Life revealed that minorities were using wireless devices like mobile phones to access the Internet rather than through broadband access. Technology in BiotechTechnology in the science sector has revolutionized biotech and pharmaceutical industries as they peer deeper into the cause of diseases like cancer and HIV. Patents for new drugs and additional indications for existing drugs have been a boon to industry and have positively affected people's health and life expectancy.

Environmental Scanning & Monitoring- Techniques

SWOT (Strength-Weakness-Opportunity-Threat)

Identification of threats and Opportunities in the environment (External) and strengths and Weaknesses of the firm (Internal) is the cornerstone of business policy formulation; it is these factors which determine the course of action to ensure the survival and growth of the firm.

PEST Analysis

A scan of the external macro-environment in which the firm operates can be expressed in terms of the following factors:

Political

Economic

Social

Technological

1.Political Factors:-

tax policy

employment laws

environmental regulations

trade restrictions and tariffs

political stability

2.Economic Factors:-

economic growth

interest rates

exchange rates

inflation rate

3.Social Factors:-

health awareness

population growth rate

age distribution

career attitudes

emphasis on safety

4.Technological Factors:-

R&D activity

rate of technological change

Porter's Approach to Industry Analysis:-

*A corporation is most concerned with the intensity of competition within its industry.

*The level of this intensity is determined by basic competitive forces.

*In scanning its industry, the corporation must assess the importance to its success of each of the six forces.

Competitive Structure of Industries:

*Threat of substitutes.

*Threat of new entrants.

*Rivalry among existing firms.

*Bargaining power of suppliers.

*Bargaining power of buyers

What is reliabilty?

Something that you can abide in, and trust in. For example; • I trust my family, because they are reliable

What are the function of a research and development department?

the fuctions of a research and development department are that they are inacurate accustaions over the conlift of the ongoing solidiers that live in jedward land and have Simon cowells hairstyle in America

What are the advantages of the view data process?

Some of the advantages of the view data process is it leads to the isolation of the business rules and it is easy to maintain. The other advantage is that it is very secure.

What is GE's vision mission statement?

Values - Imagine, solve, build and lead - four bold verbs that express what it is to be part of GE. Their action-oriented nature says something about who we are - and should serve to energize ourselves and our teams around leading change and driving performance.

What is the vision and mission statement of infosys?

Infosys' Vision:

"To be a globally respected corporation that provides best-of-breed business solutions, leveraging technology, delivered by best-in-class people."

Infosys' Mission

"To achieve our objectives in an environment of fairness, honesty, and courtesy towards our clients, employees, vendors and society

Feasibility study and business plan on soap production?

A feasibility study and business plan for soap production should include the materials and chemicals that will be needed. Have an idea of how much money is spent on purchasing the materials and the price at which the soap is to be sold to recoup material costs and make a return.

What is nature and scope of organisational behavior?

Nature Of Organizational Behavior (OB)

Organizational behaviour is an applied behavioral science that is built on contributions from a number of behavioral disciplines such as psychology, sociology, social psychology, anthropology and economics.

So now students lets see how these disciplines are related to organisational behaviour,

• Psychology. Psychology is the study of human behavior which tries to identify the characteristics of individuals and provides an understanding why an individual behaves in a particular way. This thus provides us with useful insight into areas such as human motivation, perceptual processes or personality characteristics.

• Sociology. Sociology is the study of social behavior, relationships among social groups and societies, and the maintenance of social order. The main focus of attention is on the social system. This helps us to appreciate the functioning of individuals within the organization which is essentially a socio-technical entity.

• Social psychology. Social psychology is the study of human behaviour in the context of social situations. This essentially addresses the problem of understanding the typical behavioral patterns to be expected from an individual when he takes part in a group.

• Anthropology. Anthropology is the science of mankind and the study of human behaviour as a whole. The main focus of attention is on the cultural system, beliefs, customs, ideas and values within a group or society and the comparison of behaviour among different cultures. In the context of today's organizational scenario. It is very important to appreciate the differences that

exist among people coming from different cultural backgrounds as people are often found to work with others from the other side of the globe.

• Economics. Any organization to survive and sustain must be aware of the economic viability of their effort. This applies even to the non-profit and voluntary organizations as well.

• Political Science Although frequently overlooked, the contributions of political scientists are significant to the understand arrangement in organizations. It studies individuals and groups within specific conditions concerning the power dynamics. Important topics under here include structuring Of Conflict, allocation of power and how people manipulate power for individual self-interest etc.

What does software development manager do?

A software development manager is responsible for managing and overseeing the software development process within a company or organization. They work closely with software developers, project managers, and other stakeholders to ensure that projects are completed on time, within budget, and to the required standards of quality.

The responsibilities of a software development manager may include:

  1. Leading and managing a team of software developers and project managers
  2. Overseeing the development and implementation of software projects
  3. Ensuring that projects are completed within budget and on time
  4. Developing and maintaining project plans and schedules
  5. Managing project risks and issues
  6. Identifying and implementing process improvements
  7. Ensuring that software development processes and standards are followed
  8. Collaborating with other departments and stakeholders to ensure project success
  9. Providing leadership and mentorship to team members

Who are the top ten entrepreneur in the Philippines?

Who are the top ten entrepreneur in the philippines?

Who are the top ten entrepreneur in the philippines?

Who are the top ten entrepreneur in the philippines?

What is investigative report?

An investigative report is one in which a particular matter is looked into thoroughly. Various aspects are examined in depth along with interviews and factual data to back up claims.