by Sree Rama Rao
January 1, 2013
Finance Management
Confusion Although related to the problems of bureaucratization the diseconomies that fall into this category arise from a different phenomenon: the tendency for a facility, as it grows in size, to be assigned more and more products, processes and specializations. As mentioned in our earlier discussion of the difference between size and scale, combining dissimilar [...]
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by Sree Rama Rao
December 28, 2012
Sales/Marketing Management
Buyer decisions are strongly influenced by variables like cultural and social factors, personal factors like demographics, self-concepts, lifestyles and personality. Culture refers to a set of values, traditions, or beliefs, which guide the individual’s behaviour. In a way, culture is normative as it prescribes norms of acceptable human behaviour. Put in other words, culture refers [...]
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