Category Archives: Business strategy

How to Promote your Local Business Effectively

Promoting on a local level poses a unique variety of challenges. It is important to make sure you exude a sense of proximity when you advertise locally, or your efforts to appeal to those living in your area may be … Continue reading

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Information that must be updated by a company

There is some information that is needed to be updated by the company to support the operational: New product Change of the price because of the management policies Change of the price because of the supplier policies The total amount … Continue reading

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Factors that you need to consider to have an optimal cost of capital

In order to assess alternative sources of capital, we need to start by considering their costs to the company. The aim of an analysis of the cost of capital will be to arrive at the optimal balance between equity and … Continue reading

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Sell the assets

In a crisis, I believe that each company will take every moves that they think it is necessary to save their business. Many of them can not survive from crisis because they can not manage their financial. One way to … Continue reading

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Research and Development

Having a research and development division in your company is vital. With research and development team, your company can keep developing new products with much more additional capability. Finding new products is not easy. But once if it has been … Continue reading

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Manufacturing strategy

There are 5 thing that is important to manufacturing strategy. Here are the things: Factory location and size Factory location is important. It is better if the lcoation is near with the supplies and buyers. This will save cost of … Continue reading

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Corporate strategy in the early 20th century

During the early twentieth century, particularly in the US and Europe, managers rather than academics began to explore and define the management task. F W Taylor in the US and Henri Fayol in France are examples of senior industry figures … Continue reading

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4 things to measure competitiveness

Here are 4 things you need to know to measure competitiveness: 1.Cost Even cost is a tool to compete that is used in a market, profitability relates with price and cost. Cost is a variable that makes price lower but … Continue reading

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The power of reasons for your business

Have you ever experienced that one day you are in a situation when someone asked you for a help but you were busy? Even at the beginning you did not want to help, but because of the person gave you … Continue reading

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Ways to build a relationship with customers

Companies will get an advantage if their employees figure out the business priority and find a way to give creativity and their individual spirit in fulfilling that aim. If we can friendly to every customers, we can create a bond … Continue reading

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