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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

Comment on the Status on CRM in India?

India Inc is today investing far more in campaigns and the campaigns are getting bigger, more geographically spread and quite complex. This is further made difficult by the need to customise the campaign to specific segments or customer groups. And last but not the least, measurement of RoI on most of these campaigns is not tangible in the absence of a single solution where the entire campaign information resides. We realised that both marketing departments in large companies and marketing service providers will derive immense value from a solution that addresses all these needs and allows them to effectively manage their campaigns," said Gerald Prabhu, chief marketing officer, CDC-CRM Solutions India. "The introduction of a specialised solution for a niche like campaign management fits in with our overall business strategy of offering only micro-vertical customised solutions in the Indian market. We have already developed modules for private banking, capital markets, wealth management, insurance etc. and campaign management is an addition to the growing list. The possibility of further customisation enriches the value to the user. We look forward to working with Indian corporates and agencies on enabling well-managed campaigns," he further added. This independent campaign management module is an outcome of CDC’s global effort to make its CRM solution provide a 360-degree view of the customer besides encompassing every potential touch point with the customer. CDC Market First solution links every campaign communication to the account history, so employees from marketing, sales, customer support and accounting can share a complete view of all the activities and updates. Even bulk actions for campaign can be generated through the system, milestones can be defined and status of each prospect can be reviewed any time with the help of CRM tools. The solution tracks response rates and ties revenue to specific campaigns besides enabling campaign analysis by lead source, region, media type, and products sold, using flexible, built-in reports. It also tracks key information and provides important analytics such as campaign details, marketing plan, budget planning, expense mapping, events tracking and result tracking. The solution further allows enterprise customers to be able to co-ordinate marketing communications across channels such as sales force, telesales, telemarketing, direct mail, fax, e-mail and Web; and prevent campaign overlaps or conflicts within channels.

What are the Overcome the barriers to effective planning?

Effective planning requires knowing all of the variables or possibilities of a situation or event. Statistics requires knowing the different positives and negatives of a situation to be able to draft an accurate outcome. Possible pitfalls of effective planning include inaccurate numbers, skewed data, outdated information and an ineffective method of collecting and calculating data.

What are the key challenges in strategy implementation?

Many good plans are doomed to failure because they are not implemented correctly. Strategy must be supported by structure, technology, human resources, rewards, information systems, culture, leadership, and so on. Ultimately, the success of a plan depends on how well employees at low levels are able and willing to implement it. Participative management is one of the more popular approaches used by executives to gain employees input and ensure their commitment to strategy implementation.

How a system administrator can ensure data safety?

A system administrator can ensure data safety by implementing regular backups, using encryption to protect sensitive information, and applying access controls to limit who can view or modify data. Additionally, they should keep software up to date to mitigate vulnerabilities and regularly monitor systems for unusual activity. Conducting security audits and employee training on best practices can also enhance overall data security.

How can you use the acronym PERT in a sentence?

Since PERT stands for Program Evaluation and Review Technique, then it would be as if you're making a sentence with the word technique by itself, as a common noun. The rest of the acronym is just what describes that word. So, an example would be: We should use the PERT to manage the project better. You could also use it as a proper noun, which is a name: PERT helped us to improve the analysis and organization of this project. Or as an adjective: For the events and activities, we used a PERT chart.

What is the difference between sales executive and business development executive?

sales executives are selling their products directly to the market whereas business development executives are leading the sales executives.

What are the server operating systems?

A server operating system is an operating system that is designed to run on servers. Some of the operating systems include; Windows, Mac OS, and Linux.

What is the difference between a shopping center and a mall?

The difference between a shopping center and a shopping mall is that one gives you access to all the stores through one entrance while the other makes you exit one store in order to enter another store. In a shopping mall there are several entrances into the mall. Once you get into the mall you can now go to any store in that mall without ever going back outside. In a shopping center there is only one or two entrances to each store and in order to go to another store you have to go outside to enter another store.

What is the difference between a lounge a bar and a dancenight club not a stip club club?

A lounge is like a chill hang out with alcohol and those sofa seat things with a little dance floor to like groove. lolA bar is like a place where mostly guys go to hang out and drink with pool tables, a jukebox, and no dance floor.A dance night club is just the biggest out of all of them where like 75% of the place is a dance floor. They have drinks and some tables and VIP rooms where you can sit and drink in private.

What Types of problems that may occur with visitors including conflict and aggression and how to deal with these?

Some problems that may occur when visitors are around include damage to property or misuse of facilities. It is easier to deal with these if there are notices of rules placed around.

Distinguish ABC and XYZ analysis?

ABC Analysis

ABC analysis classifies the raw materials based on their consumption during a particular time period ( usually one year). Depending upon the company to company A B & C items can be as under

A - Approx 5% to 10% of the Items accounting for 60% to 80% of the consumption value

B - Approx 10 % to 30% of the Items accounting for 10% to 30% of the consumption value

C -Approx 60% to 85% of the Items accounting for 5% to 15% of the consumption value

XYZ Analysis : XYZ analysis is more used in ralation of the customer demad for FG (finished goods) X is high demand, Y medium demand, Z very low or exporadic demand ABC/XYZ Analysis is usede to generate the strategic for the supply and inventory control and production strategy High runners are built to JIT Medium runners are produced to stock or to order and low runners are built to order BR

How do you check what your home phone number is?

You could look it up in a phone book. If you have a mobile phone, call your mobile number from your home phone and it will be displayed. If you do not have a cell phone then call someone with a cell phone and do the same.

Anyone have a bulk vending business that is making money for them?

Your question is difficult to answer because you left it wide open to interpretation. I run a small route and yes I do very well for the amount of time and money invested. I also personally know quite a few large bulk vendors who make a very comfortable full time living only doing bulk vending. So if your intent was to find out if you can make money in bulk vending then the answer is yes. If you really want to know how to make money as a bulk vendor that requires a much longer answer after some clarification questions. If you are looking to understand how much you can make in bulk vending, that is a very fluid answer depending on things like; how many machines you have, how many and wuality of locations, how you run your business and which business model you decide to use. My best advice is that if you are seriously thinking about getting into bulk vending to make sure and due your due diligence in research to understand how it works and what it takes to make money.

How can I contact Mehul Patel the founder of KIPL.Net IndyChai.com and many other New Media firms?

Hey there,

The best way to reach the Mehul Patel you are lkng for is by going on the link below and sending them a mail. That should work. All the best.

http://www.kipl.net/us/default.htm

http://www.kipl.net/catch/default.htm

Hi Just found a better way to reach Mehul Patel AKA Mike Patel directly go right here -

http://mehul.me/

http://twitter.com/kipl

What is the role of small scale business in an economy?

Let's say if you are a small scale business owner and you are trying to get profit for yourself. It does create a great effect around you. For example, if your mom and pop drug store doing so well and make lots of profits. So who will benefit? You. Also, if you have staff member who work for you, they is too getting money. If you are renting that space your landlord. Bills? Taxes? Now, government make money too. And you'll probably go to clubs, drinks, computer, clothes, or may be car. So other benefits too. Just one successful business impact around you lots. If you multiply this "you" with thousands, each doing their own thing that profit them? It's great for everyone. Even if you are losing money or if you borrowed money from loaner. Then they are making money. So, these small scale business are pretty important for our economy. It's just a matter of who is willing to take risk.< Forget the last part, it just my point of view.

Hopefully, I answered the question. humm.

Do you think most managers use punishment?

No, many managers improve performance by rewarding their employees. They offer them incentives to help them meet their quotas when they work.

Problem and solution of small scale business?

Small scale businesses don't have the same amount of capital as larger businesses. In order to overcome this, they have to think strategically in all endeavors.

Is Bosch Rexroth AG a public company?

No, Rexroth is part of a larger conglomerate called Robert Bosch GmbH. It is a private German company.

Business networking opportunities for a restaurant?

Restaurant owners can network with local businesses in order to promote discounts to their customers. Management can also work with schools and social organizations to promote discounts.

Are reliance fresh posing a threat to kirana stores?

The Reliance start chains of retail markets with turnover based approach by having very low margin and the items cheaper - quality, supply schedule, reliability, after sale service, personalised approach are the highlights which definetly throw out the middlemen, Dalals, greedy traders etc.