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Plant location trends in production and materials management?
see page number 95 of Production & MM (text of Annamali Univeristy)which covers :Geographic Diversity, the growing sunbelt, decline of urban areas, internationalisation of production(locating oversease, influx of foreign firms, environmental adjustments, exporting techniques, organising multi nationality).
How do you develop conceptual framework?
Conceptual frameworks are abstract representations connected to the research's projects goal that direct the collection and analysis of data. ÊFor example, Economist use the conceptual framework," supply" and "demand" ti distinguish between the behavior and incentive system of firms and consumers
What real life example can you give about Maintaining Legal and Social Framework?
two examples are Maintaining Legal and Social Framework are: 1. Minnesota to Sue Tobacco Firms to Recover Health Care Costs 2. Insurer Files Suit charging Bank Made false claims
Why is country analysis considered a vital diagnostic tool by companies going global?
A manager's ability to build profitable firms depends upon the business environment within which firms interact. This note presents a framework to help understand, anticipate, and perhaps foster changes in the business environment. Describes building a picture of the business environment as country analysis. The country analysis framework has three interdependent components of strategy, context, and performance.
Why most of the problems firms have with information system will disappear?
Most of the problems that firms have with their information systems will disappear due to constant improvement and bug fixes. The company responsible for providing the information system is continuously working towards making it better for their customers.
How many firms are traded on the FTSE?
There are approximately 1700 firms traded on the FTSE. The number of firms traded changes daily. New firms are added as some firms drop off the exchange.
What are the importance of scale of preference to firms?
1. it helps individuals or groups to meet their maximum satisfaction using their limited resources. 2. it also helps individuals to make the right choices when it comes to allocating their scarce resources. 3. it promotes the efficient use of the scarce resources. 4.the priorities of the individual or firms are properly set through scale of preference.
What are the companies that uses the societal concept in marketing management orientation?
The marketing concept is the strategy that firms implement to satisfy customers’ needs, increase sales, maximize profit and beat the competition. There are 5 marketing concepts that organizations adopt and execute.
Are profitable firms necessarily efficient firms?
yes
Why big accounting firms carry out superior audits than small and medium accounting firms?
accounting firms carry out superior audits than small accounting firms
Why big accounting firms carry out superior audits than medium and small accounting firms?
accounting firms carry out superior audits than small accounting firms
What are the Appliance repair firms tax consultants law firms and insurance companies are all business firms that are part of the?
Service Sector
