Global Expansion

Although there are many acceptable reasons for why I have chosen to study marketing such as the fact that if I was to ever think of opening a business of my own I would understand the strengths and weaknesses of my business, I would hopefully understand my customers and if opening my own business doesn’t become a reality then I would at least understand the true worth of a product in order to avoid paying too much for products which are hardly worth it which basically helps me understand the world of money much better. For example, by studying marketing I have understood that although the per unit of small parcel are normally lower in price than big parcels, the bigger package is normally not better in quality just higher in quantity. Marketing is part of a business which controls the way that the goods or services are being sold. Key terms: Products are goods or services which are provided by a business. Goods are physical products like a car for example and a service is a non-physical product like a hair cut or a train journey.

So the most useful strategy I can think of is keep the investors pacified and investing money, keep the employees happy so they will continue to do a great job. Place a lot of emphasis and aggressively go after the customer who needs the best service, the best looking stores ... ... middle of paper ... ... Summarizing Communication Tactics It can be good to communicate to the investors in a very pompous way because it’s a sign of strength. However, if not really there it can cause a lot of problems in the future. The investors will leave if the money is not really there. The employees will scrutinize also and it’s better to be generous and strong and they hopefully will look back on the company with kindness, look out for the company, realize that they were treated fairly and hopefully they will do the same for the company.

One can be successful, have freedom, and be happy, and fulfill their version of the American Dream. Keeping up with the Joneses is still part of our everyday life. Some of us may take it to further extremes than others, but there will always be the desire to have something better than everyone else. Society today tells us that we should have the best of everything and if we don’t, we are part of a lower class of people. We are sucked in by these beliefs because we as Americans do not want to be shown up, and want to be part of the higher class.

IOCL in comparison to its competitor i.e. HPCL has a better liquidity position except for the year 2008-09 where HPCL has a better position. The ideal current ratio of 1.5 has not been achieved by any of the company mainly because of the nature of the O&G industry .Current ratio also represents the margin of safety for creditors. There is need for the safety margin for the inevitable unevenness in the flow of funds through current asset and current liability account. The flow should be absolutely smooth and uniform each year so that the current assets are sufficiently large than the current liability so that the firm is able to pay its current maturing debt when it becomes due.

Saving money is important to most consumers. Once again, American Express aims to please its customers. With these successful ventures, it is difficult to imagine that American Express is struggling in many parts of the world.

To do marketing right means to achieve high sales and this requires good strategies in place. E-mail campaigns can work, but so can social skills and knowing excellent managing of what is available in terms of resources for the products you desire to push. Quite a few industries have tried out assorted means to sell their products; it is, therefore, important to do research to see which of these have succeeded. You cannot just use all means for all products out there. It is, therefore, imperative to do your research

Have a good night,’ would surely make someone’s day. I am aware, however, that some customers don’t want to have a good time; they just want to get what they need and get out. It is actually quite understandable, but I’m still going to give them the best service possible with a big smile on my face to let them know they are welcome and valued by not only the company but by myself as well.

When a company trust its partner it means that the company has positive expectations about its partner's motives . If one of the members has reasons to believe that its partner is motivated only by individual success and self-interest objectives, it is most likely that reliance and collaboration will not happen and the relationship will probably end. Another trend of today's markets is the expansion of the company's activities to different countries, either because they start buying products from suppliers located in another country or because they start selling their products to customers around the world. Operating in a global context may bring many benefits to the company such as access to better quality raw materials or increase of sales; but many challenges must be overcome to enjoy these advantages because of the complexity implied in a global supply chain. And the more the complexity of the conditions that surround the relationship between partners, the more the risk they are exposed to.

These companies who show that they care about the workers that they have to remove through downsizing have a much greater chance of retaining a lot of the loyalty originally given to them by the workers that survived the downsizing (Brockner, Konovsky, Cooper-Schneider, Folger, Martin, & Bies, 1994). Trust is a very important asset for these companies but it is very difficult to achieve and just as difficult to hold on to (Brockner, Konovsky, Cooper-Schneider, Folger, Martin, & Bies, 1994). If companies are willing to downsize in a way that is considered to be very humane by many of the workers these companies will fare better in the long-term than companies who perceive workers as disposable (Brockner, Konovsky, Cooper-Schneider, Folger, Martin, & Bies, 1994). Late in the 1970s, companies began to downsize workers (Brockner, Konovsky, Cooper-Schneider, Folger, Martin, & Bies, 1994). They did this in order to improve the bottom line and also to cut many of their costs (Brockner, Konovsky, Cooper-Schneider, Folger, Martin, & Bies, 1994).

It’s not r... ... middle of paper ... ...vesting so heavily in Customer Social Responsibility (CSR). In addition to good business ethics this can save Fast Track from litigations and lawsuits which bad ethics could earn it. Even more damaging is the perception of the company which gets tempered due to the poor ethics. All these long impacting troubles can be avoided in the case of fast track as it has good business ethics. No doubt the bonuses and competitive pay square measure are the necessary parts; however verity price lies in making certain that the excitement around the geographic point is positive, cooperative, and inventive.