Creating value in goods gives sustainability to business
Designing and implementing appropriate strategies are fundamentals for a business to make profits and maintain sustainability. Strategies are planned actions to achieve goals. Differentiation strategies result in more value creation in a product, which means the consumers are willing to pay more for the product than its actual cost....
Creating a sustainable supply for business
For an international business, supply chain from finding raw materials until the finished goods are reached to the end users is very important. In an open global market, production within a country may not be profitable putting pressure on the companies to find a appropriate place for production to...
Exporting: First step towards getting international customers
Venturing into foreign markets requires details inquiries on ground scenario and based on the circumstances prevailing, a company must make choice from different modes of entry – exporting, importing, turnkey projects, licensing, franchising or foreign direct investment in the form of joint ventures or wholly owned subsidiary. Each of...
Economy and two super powers
Two super power diverted world attention this week. America voted for continuity to its existing leadership while China is going through sweeping leadership reshuffle. And these two leaders have immense responsibilities to ensure a better economic picture the world is expecting. American economy performed well below expectation during the...
Strengthening economic union in Europe
Many still question the sustainability of single currency union in Europe after the shocks and after shocks of the financial crisis. Several efforts of bailout through economic loans have given bleak picture of future economy in Europe. There are threats that countries might move out of economic union. As...
The troubled Europe
While leaders at the mainland Europe take one more step towards creating a full scale banking union, not a troubled nation like Greece but a stable nation like United Kingdom is talking a breakaway from the union. Earlier, Greek communist party, which emerged as second biggest party in the...