Friday, February 21, 2020

Dahab Plastics Case Study Example | Topics and Well Written Essays - 250 words

Dahab Plastics - Case Study Example He still sticks to the outdated methods used by his father. For example, on the production line, he still keeps an old machine regularly improvised by his workers to improve efficiency. The machine also needs more operators, increasing cost of labour. Production data is manually logged into a notebook (Pg 177). A financial difficulty is also suggested here, because he cannot afford new equipment. Quality control methods are not standardized, allowing for erosion in quality (Pg 178). In his human resource structure, he does not acknowledge the hierarchy. Credit for meeting goals goes to supervisors. He does not pay workers for additional hours to meet targets (Pg 178). Competitors are also copying his molds and selling cheaper than him. Additionally, many of them are ISO certified. Amer needs to modernize his equipment. Automated machinery will improve quality and cut down on production costs. Volumes will also increase, with a marked reduction in workers, and hence cost of labour. This will enable him reduce the cost of products, giving him an edge above the competition. An ISO certification is also required as a quality assurance to the market. He should also engage the services of professionals in Human Resource management (Pg

Wednesday, February 5, 2020

Dissertation proposal either in marketing, Finance or internantional Essay

Dissertation proposal either in marketing, Finance or internantional. business MBA level - Essay Example The typical questions that come in mind are whether such factors have a significant impact in enhancing the sales of the company or not. If yes, then would it be beneficial for the companies to give more focus towards their products packaging and placement of their products on shelves in retail stores. For exploring these questions, there is a need to conduct a research, which may provide guidelines to the companies and retailers regarding the packaging and shelf positioning of products. Planned purchases do not constitute all sales; as a matter of fact, a significant portion of total sales is composed of impulse buying which shows inevitable variation with respect to factors such as packaging and shelf-positioning. Consequences: In the absence of such a research, the marketers will certainly be at a loss. They will not be able to gain an insight into the relationship of factors such as packaging and shelf positioning with Impulse buying, thereby obstructing their ability to manipulate these factors to their own advantage, which could otherwise lead to increased sale. The research paper selected as the base paper of this research is ‘Unplanned Buying and In-Store Stimuli in Supermarkets’, Managerial and Decision Economics, Vol. 11, No. 2. (May, 1990), pg. 111-121 by Abratt, R. and D.G. Stephen (1990). ‘Impulse buying’ can be described as any purchase which a shopper makes but does not plan in advance and nowadays, a major junk of consumer purchases are being made without advance or prior planning (Hawkin Stern, 1962). Moreover, Hawkin also argued that Impulse buying, despite certain connotations attached to it, has become an efficient and sensible way of buying goods and the incidence of impulse buying are growing. Impulse buying has been seen to be at work mostly in the case of FMCGs. Unplanned purchasing occurs in many types of retail outlets; however, it is typically