Definition & Concept of Strategy
A strategy can be defined in many ways with the help of various Management concepts. The word and concept of strategy originated from the Greek… Read More »Definition & Concept of Strategy
Difference Between BPO and KPO
With the help of following points, we can understand the difference between BPO and KPO. BPO and KPO are the important buzzwords in the world of business. BPO… Read More »Difference Between BPO and KPO
Inventory Control & Cost Reduction Techniques
Inventory control & Cost Reduction techniques is an important part of materials management which helps to reduce the overall cost of Inventory control by applying… Read More »Inventory Control & Cost Reduction Techniques
Selective Inventory Control
Selective Inventory Control is an essential part of Materials Management. Selective inventory control is emphasized on variations in methods of control from item to item… Read More »Selective Inventory Control
Costs Associated with Inventory Management
There are various costs associated with Inventory Management that affects the overall process of materials management. We can describe all these types or classifications of… Read More »Costs Associated with Inventory Management
Need of Inventory Management
This article focuses on the need of Inventory Management and its importance in the organization. inventory control helps to manage resources and smooth the flow… Read More »Need of Inventory Management
Wholesaling Definition Meaning & Examples
If you are looking for the definition and meaning of wholesaling in simple words, then this post is for you. Let’s understand wholesaling definition and… Read More »Wholesaling Definition Meaning & Examples
Adam Smiths International Trade Theory of Absolute cost advantage
Adam Smith, the Scottish economist observed some drawbacks of existing Mercantilism Theory of International trade and he proposed a new theory i.e. Absolute Cost Advantage… Read More »Adam Smiths International Trade Theory of Absolute cost advantage
Types of New Products – 3 Ways of Classification
New products can be classified into the following categories. The classification and types of new products with details are given below. Classification of New Products… Read More »Types of New Products – 3 Ways of Classification
Pricing Methods and Strategies in Marketing
This post mainly focuses on Pricing Methods and Strategies in Marketing to decide the Price of Products and Services. These pricing methods and strategies may… Read More »Pricing Methods and Strategies in Marketing
Types and Classification of Products With Examples
This article covers the types and classification of products. Product is simply anything, tangible or intangible, which can be offered to the market for sale… Read More »Types and Classification of Products With Examples
Three & Five Levels of Product with Example
Product is the combination of Goods and Services offered to the target market by a company. There are two concepts of levels of Product and… Read More »Three & Five Levels of Product with Example