Management of Services for Business Markets- Managing Service Quality

The process of managing the quality of services delivered to a customer according to his expectations is called Service Quality Management. It basically assesses how …

Price and Pricing Decision for Business Markets: Factor influencing Pricing of New Products

Product Cost: The most important factor affecting the price of a product is its cost. Product cost refers to the total of fixed costs, variable …

Price and Pricing Decision for Business Markets: Pricing Process

Some of the major steps involved in price determination process are as follows: (i) Market Segmentation (ii) Estimate Demand (iii) The Market Share (iv) The …

Managing Promotion Programme

A promotional plan is a valuable marketing tool when it comes to launching a new service or product or expanding your market reach into new …

Product Strategies for Business Markets

Whether a company manufacturers or buys products wholesale, it has to have a product marketing strategy to get its products into consumers’ hands. Most product …

Evolution of Business Markets in India

Evolution of business means its origin, growth, and continuous development with expansion in various sectors that contribute and run economies. The business evolution went through …

The Internal Environment

The internal environment consists mainly of the organization’s owners, the board of directors, employees and culture. 1. Owners Owners are people who invested in the …

Standard Trade Model: Factor Endowments

In economics a country’s factor endowment is commonly understood as the amount of land, labor, capital, and entrepreneurship that a country possesses and can exploit …

The price adjustment Mechanisms with Flexible and Fixed Exchange Rates

Under flexible (or floating) exchange rates, the disequilibrium in the balance of payments is automatically solved by the forces of demand and supply for foreign …

Balance of Payments

The balance of payments (henceforth BOP) is a consolidated account of the receipts and payments from and to other countries arising out of all economic …

error: Content is protected !!