MBA/BBA

Importance of Work Study

Importance of Work Study   1. Work study is a means of enhancing the production efficiency(productivity) of the firm by elimination of waste and unnecessary operations. 2. It is a techniques to identify non-value adding operations by investigation of all the factors affecting the job. 3. It is the only accurate and systematic procedure oriented […]

Value Analysis-Introduction,Stages and Uses

Value Analysis   Value Analysis is one of the major techniques of cost reduction and control. It is a disciplined approach which ensures the necessary functions for the minimum cost without diminishing quality, reliability, performance and appearance. Before understanding the meaning of phrase “value analysis” it is important to know the meaning of  the word […]

The Productivity Cycle

The Productivity Cycle   The productivity cycle consists of productivity measurement,productivity evaluation,productivity planning and productivity improvement,in that specific order.Accordingly,these are the four phases,or stages,of a formal productivity program.An organization desirous of taking up a productivity program must begin with productivity measurement.After the productivity levels are  measured, they must be evaluated,or compared against the corresponding planned […]

Management challenges in on-line retailing

Management challenges in on-line retailing   While changes in retailing may b e driven by technology ,managerial vision is required for successful implementation. Traditionally,retailing has been a low-tech environment in which retailing executives often relegated technology issues to back-room operators.These managers are most at risk as they do not have a clue that a major […]

On-line mercantile models from customer perspective

On-line mercantile models from customer perspective The on-line consumer expects quality,convenience,value,low price and control.To meet these expectations and understand the behaviour of the online shopper,there is a need for a business process model that provides a standard product/services purchasing process from an interactive services and merchandising point of view. Consumer mercantile activities canbe grouped into […]

Internet based Business Models

Internet based Business Models   In the most basic sense, a business model is the method of doing business by which a company can sustain itself — that is, generate revenue. The business model spells-out how a company makes money by specifying where it is positioned in the value chain. Business models have been defined […]

Mobile Commerce

Mobile Commerce   The phrase mobile commerce was originally coined in 1997 by Kevin Duffey at the launch of the Global Mobile Commerce Forum, to mean “the delivery of electronic commerce capabilities directly into the consumer’s hand, anywhere, via wireless technology. M-commerce (mobile commerce) is the buying and selling of goods and services through wireless handheld devices such as cellular telephone and personal […]

Digital Commerce

Digital Commerce Digital commerce (D-commerce) is a type of e-commerce used by an organization that delivers and sells products online. D-commerce is used by companies that sell news, subscriptions, documents or any form of electronic content, and the digital commerce company collects payments, handles customer refunds and billing and manages other accounting functions for online […]

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