Introduction to Sourcing
Sourcing, also known as procurement, is the practice of locating and selecting businesses or individuals based on set criteria. Sourcing is carried out in business …
Read MBA, BBA, B.COM Notes
Sourcing, also known as procurement, is the practice of locating and selecting businesses or individuals based on set criteria. Sourcing is carried out in business …
(1) Knowledge of various materials: The material manager should have adequate knowledge of materials and tools in addition to technical knowledge of engineering. He should …
Marketing analytics is the practice of measuring, managing and analyzing marketing performance to maximize its effectiveness and optimize return on investment (ROI). Understanding marketing analytics …
Primary Market Research Primary research is research that is conducted by you, or someone you pay to do original research on your behalf. In the …
Every business has a market. From businesses like Amazon, whose audience could be anyone, to niche businesses selling specialized, custom products, knowing your market is …
A stakeholder is a party that has an interest in a company and can either affect or be affected by the business. The primary stakeholders …
Top-Down Top-down analysis generally refers to using comprehensive factors as a basis for decision making. The top-down approach will seek to identify the big picture …
Demand curve estimation refers to the exercise of estimating the demand curve, typically the market demand curve (as opposed to the individual demand curve) for …
Price optimization is using data from customers and the market to understand how you should most effectively be pricing your product. The optimal price point …
Incorporation is the legal process used to form a corporate entity or company. A corporation is the resulting legal entity that separates the firm’s assets …