Globalization and technological advancement have enhanced the awareness levels of modern consumers and the growing competition among businesses have resulted in a shift of power from the hands of marketers to that of the consumers (Panwar, 2001).
Peter Drucker, the legendary management consultant stressed upon the need for innovation and established that a business enterprise has only two basic functions; marketing and innovation (Drucker, n.d. cited in Swaim, 2010).
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Ankita Agarwal on February 28, 2013 No Comments
In the context of present business environments, it is often said that change is the only constant today. The markets are so volatile that what may be of relevance today may turn out to be a total waste in the immediate future (Reuvid, 2005).
New product development is an integral part of all businesses today. The markets are dynamic, competition is fierce and the consumers are highly aware; all these factors compel businesses to keep offering something new and more advanced to their target markets.
Though HP is a trusted brand, there are serious internal issues internal to the company. These issues create the need for corporate restructuring at HP.
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Ankita Agarwal on December 18, 2012 No Comments
India has been ranked as the fifth most preferred destinations for retail investments. The growing urbanization, changing demographics, increasing per capita and disposable incomes, liberal regulatory norms and improved technological environment in the country;
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Ankita Agarwal on December 14, 2012 No Comments
Power sector is the base of economic growth in a country. It acts as the index of economic health of the country. India is one of the fastest growing economies across the globe and population-wise also, the country stands at second position in the world.