God Almighty has blessed man with many wonderful things and all those things we can say are priceless. In those things we can count sunlight, air, trees, water, light of the moon and many such thousands of things, which we cannot even count or remember and they are priceless and free of cost. Now we … Read more

Different countries of the world have different means and methods for the distribution of property among the inherited persons but Islam being the best religion of the world gives proper rules and regulations for this purpose. You have questioned that can you explain how property is distributed according to Islamic shariah can be explained in … Read more

All medical systems vary from person to person according to their health conditions. Some people are healthy enough and they lead a very balanced life and avoid many troubles. In the same way some people have bad health and they face many problems and troubles and lead a miserable life. Now we comes towards your … Read more

Many causes and troubles can be presented and discussed for the family troubles. Many people have different problems and environments in their family system and they are mostly forced to live in those conditions and environments because other people of the family are not ready to cooperate them in any condition. So far your question … Read more

Many people deserve aid in different age groups sometimes in youth, sometimes in young age and sometimes in old age. It depends upon the nature of aid for which these people are entitled of. Now we discuss your question that who is entitled to legal aid, it can be explained in the following way. As … Read more

The Boston Consulting Group approach and other formal methods revolutionized strategic planning. However such approaches have limitations. They can be difficult, time consuming and costly to implement. Management may find it difficult to define strategic business units and measure market share and growth. In addition, these approaches focus on classifying current businesses but provide little … Read more

General Electric introduced a comprehensive portfolio-planning tool called a strategic business-planning grid. Like the Boston Consulting Group approach it uses matrix with two dimensions one representing industry attractiveness and one representing company strength in the industry. The best businesses are those located in highly attractive industries where the company has high business strength. The General … Read more

Relations between human beings strengthen due to many factors like love, sincerity, devotion and fairness to each other. All these factors are required for true and strong relations. Now we come towards your question that love marriages are more successful or arrange marriages it can be explained in the following manner. Love marriages are those, … Read more

Using the Boston Consulting Group approach, a company classifies all its strategic business units according to the growth share matrix. On the vertical axis, market growth rate provides a measure of market attractiveness. On the horizontal axis, relative market share serves as a measure of company strength in the market. By dividing the growth share … Read more

The company's mission needs to be turned into detailed supporting objectives for each level of management. Each manager should have objectives and be responsible for reaching them. For example, Monsanto operates in many businesses, including agricultures, pharmaceuticals and food products. The company defines its mission as one of helping to feed the world's exploding population … Read more

An organization exists to accomplish something. At first, it has a clear purpose or mission, but over time its mission may become unclear as the organization grows, adds new products and markets or faces new conditions in the environment. When management senses that the organization is drifting, it must renew its search for propose. It … Read more

The world economy has seen radical change during the past two decades. Geographical and cultural distances have shrunk due to supersonic travel, fax machines, global computer and telephone hookups, world television satellite broadcasts and other technical advances. This has allowed companies to greatly expand their geographical market coverage, purchasing, and manufacturing. The result is a … Read more

Perhaps the most dramatic new technology surrounds the development of the information superhighway and its bedrock, the Internet. The Internet is a vast and burgeoning global web of computer networks, with no central management or ownership. It was created during the late 1960s by the U.S Department of Defense, initially to link government labs, contractors, … Read more

The societal marketing holds that the organization should determine the needs, wants, and interests of target markets. It should then deliver superior value t customers in a way that maintains or improves the consumer's and the society's well being. The societal marketing concept is the newest of the five marketing management philosophies. The societal marketing … Read more

Many organizations follow the selling concept, which holds that consumers will not buy enough of the organization's products unless it undertakes a large scale selling and promotion effort. The concept is typically practiced with unsought goods, those that buyers do not normally think of buying such as encyclopedias or insurance. These industries must excel at … Read more

Marketing occurs when people decide to satisfy needs and wants through exchange. Exchange is the act of obtaining a desired object from someone by offering something in return. Exchange is only one of the many ways that people can obtain a desired object. For example, hungry people could find food by hunting, fishing or gathering … Read more

Customer value is the difference between the values the customer gains from owing and using a product and the costs of obtaining the product. For example, FedEx customers gain a number of benefits the most obvious being fast and reliable package delivery. However, when using FedEx customers also may receive some status and image values. … Read more

The most basic concept underlying marketing is that of human needs. Human needs are states of felt deprivation. They include basic physical needs for food, clothing, warmth and safety; social needs for belonging and affection; and individual needs for knowledge and self-expression. Marketers do not invent these needs; they are a basic part of the … Read more

Marketing more than any other business function, deals with customers. Creating customer value and satisfaction are the heart of modern marketing thinking and practice. The simple definition is this one: Marketing is the delivery of customer satisfaction at a profit. The twofold goal of marketing is to attract new customers by promising superior value and … Read more

As boys and girls get young, they start feeling attraction with opposite sex and for this purpose they perform many things full of wisdom or full of foolishness. Friendship between boys and girls is a natural phenomenon because attraction towards opposite sex is natural thing. Now we come towards your question that what you think … Read more