Loyalty schemes Since the earliest days of commercial activity, concessions in the form of discounts have been offered to repeat customers as part of their sales promotion programs,
Benefits of Total Productive Maintenance (TPM) 1. Total Productive Maintenance helps to take immediate attention to some smaller problems before the problem aggravates. 2. Reduction in total manpower.
Risk and Cost of holding inventory in a firm Holding of inventory exposes the manufacturing and merchandising firms to a number of risks and costs. The various risks
Benefits of Holding Inventory in a firm Following are the benefits of holding inventory in the firm: 1. Holding Inventory avoids loss of sales In case a firm
Management is an inevitable element for directing and unifying the group efforts towards a common objective. Since the most of the human aims can be well realized only
Differences between Traditional Marketing and Relationship Marketing Some of the most significant contrasts between the traditional approach of marketingĀ – which we term the transactional approach – and
Explanation of Six Markets model in Relationship Marketing This ‘Six markets’ model is explained below: 1. Internal Markets Internal Markets comprises of employees who have the ability to
Manpower planning plays Š° vital role in the achievement of the common goals of the enterprise. Every enterprise has to estimate their manpower requirements in order to carry
Office Lighting System The primary component of office environment is lighting. Every nature of work involves seeing and reading in an office. Hence, there is a need of
What is an Index? Index is a ready-made guide, which is used to locate the required file. Therefore, an index indicates or points out the exact place of