Please select a subject first
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Elaborate on various formats in presenting a business plan to prospective investors.
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| As a chemistry enthusiast, Athavan was always very innovative and wanted to try out new things. He had an idea of making a new stain remover which will help in removing stains very fast from clothes. He did a market research to find out the various stain removers available in the market to foresee the future of the product in the market. |
Which of the following step of creative process is he following?
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| Carpet weaving has been a major industry in Kashmir. Bareen wanted that this cottage industry to be known worldwide and that it gets its due importance. She along with her friends and help from the government decided to market and sell the same. She organised the required raw material and human resource for carpet weaving. |
Identify the element of innovation process that Bareen is performing
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What is break even analysis?
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Explain the meaning of CRM?
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Explain the benefits of CRM?
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Explain the requirements for value chain management.
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What is a production plan?
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What is employee management?
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Is vendor management different from employee management? Enumerate.
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What are the various factors which help in employee management?
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What are the three most likely situations which arise before any firm while preparing the production plan?
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What is the meaning of shipping in the process of operational plan?
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Name the factors which affect the operational plan.
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Briefly, explain the objectives of operational plan.
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What is an operational plan? Discuss its blue print.
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You are an entrepreneur who is deciding the operational plan for your business.
While deciding the technology to be used, you come across three alternatives:
a) Use a cheaper technology which lets you dispose of the waste water and lets
you fix the price of your product low.
b) Use a technology that is a little expensive as it lets you recycle that waste water
into water fit for drinking. In this case, you will have to fix the price a little
higher in order to earn profits.
c) Use the technology that recycles the waste, do not change the price. And go
about cost cutting though efficient utilization of resources.
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How is vendor management done?
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The production plan aims at "plan your work", whereas operations plan ensures "work your plan". In the light of the given statement, examine the relevance of a operational plan for an entrepreneur.
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Describe the different elements of an operational plan.
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