Characteristics of vendor process capability
1. Accountability for quality issues Admitting to a mistake can be difficult. But when your goods are on the line, working with a quality supplier that takes responsibility for their […]
Handling the Vendor process capability
With value taking precedence over cost, vendor management is about transforming your organization’s vendor relationships from simple supply-and-demand into mutually beneficial partnerships. This requires intelligent strategy, careful planning, and no […]
Introduction to process capability
Process Capability (Cp) is a statistical measurement of a process’s ability to produce parts within specified limits on a consistent basis. To determine how our process is operating, we can […]
Institution: Chambers of Commerce and Industry in India
Indian Chambers of Commerce The government of India has a Ministry of Commerce and Industry and a Ministry of Finance to look after the well-being of its trade sector. But […]
International Business Risks
Risk happens on account of uncertainty about happening of an event like loss, damage, variations in foreign exchange rates, interest rate variations, etc. Every business manager is always risk averters, […]
Transnational Corporations (TNCs)
A transnational corporation, also known as a multinational corporation, is a corporation that has a home base, but is registered, operates and has assets or other facilities in at least […]
Multinational: Concept and Role of MNCs
A multinational company is one which is incorporated in one country (called the home country); but whose operations extend beyond the home country and which carries on business in other […]
Government and Business Interface: Rationale
The government of any country can influence. Its international business significantly. Government intervention for the purpose of protecting domestic industries usually results in less movement of goods and services across […]
Roles of Small Business
In selecting industries for development in a new country attention should be given to those industries which create conditions favourable for the growth of other industries since this method will […]
