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Incoterms Selection ConsiderationThe report talks about the needs of transportation in the company. This transportation helps the companies to carry goods and services from one place to another. Hence it becomes very effective equipment for the company. The appropriate strategies for transportation have been recommended in the report and other relevant information is been described. The goals and needs of the company through the availabi...
Background of this StudyBackground of this Study The report looks into the energy crisis which Australia faced due to their export of Liquefied Natural Gas to other countries, in large numbers. So, in one point of time the country was known to be an energy rich nation, gradually the scenario had started to change. They were left with insufficient energy to keep the citizens comfortable during heat wave, which had seen temperatures rising to 1...
Scope, importance and challenges of humanitarian logisticsHumanitarian logistics is process that ensures that good and material are able to move from the point of origin to the point of consumption in order to alleviate suffering of people who have been affected by a disaster through planning, implementation and controlling the whole process in a cost effective manner and proper storage of the goods and services (Robert E et al. 2013). The rol...
Emerging TrendsThe export and import price index measures the rate of change a country experiences in the perspective imported and exported goods and services. These indices describe the change in economic welfare of the country depending on the changes experiences in the imported and exported goods and services (Pigou 2013). However, changes in the key prices have an impact on the dynamic consequences of the key macro variables such as invest...
The InterfaceThis business report is compiled to study the logistics department of Philips Electronics Singapore Pts. Ltd., how this department interfaces with various other core functions of the company. The report will cover the logistics management process of the company and further analysing them to identify improvement areas. Logistics management in a company is a process that involves planning, implementing, controlling the flow and sto...
The objective of this paper is to focus on supply chain and logistics management for Anchor Foods – New Zealand. Anchor is a brand of dairy products that was founded in New Zealand in 1886 and is one of the key brands owned by the New Zealand-based international exporter Fonterra Co−operative Group (Chidlow & Ghauri, 2015). The market and the nature of demand in this industry can be discussed as: The players in this dairy in...
Behavioral issues from oil and gas operations strategyThe Cairn Energy PLC is an independent company that is responsible for oil and gas exploration and development. It is Europe’s one of the most leading organization and is also listed on the London Stock Exchange. This organization is continuously working to discover and develop oil and gas reserves in several locations around the world. This company was established in the year of 1981 b...
Globalization and Technology in Supply Chain ManagementManaging the supply chain in the organizations is the most challenging task and these main activities involved in the transformation of the goods from the raw materials to the final products consumed by the customers. The process of the creation of the products and customer’s consumption of these products. Looking into the previous years and the last 3 years industry reports, it has ...
Major areas of operationContainer ships are the cargo ships, which are used for the purposes of transporting goods as well as other cargo materials from one part to another via the sea route (Baughen 2012). The speciality of these ships is the fact that they carry loads from one place to another in the form of truck sized intermodal containers, in a technique commonly known by the name of containerization (Baughen 2012). These ships are the mo...
Factors affecting price elasticity of demand1. The demand is considered to be elastic when there is a change in the demand of the product when the price of that product undergoes a change. The products that have an elastic demand include the luxury goods, expensive and the big income groups, the products that are often pur...
Overview of Landmark Group DubaiLandmark Group is a multinational company based in Dubai, UAE directed by Micky Jagtiani, who is the chairperson and founder of the organization. The group is involved in the retailing of footwear, cosmetics, apparel, consumer electronics, baby products, home improvement, and beauty products. The organization also has interests in healthcare, mall management and, various in-house brands and operates with other b...
Credit Conditions in UK EconomyCredit Conditions refers to the overall situation of credit which is available in the market and also reflects the various factors which affect the credit availability in the market. The assessment considers the credit conditions in for non-financial firms which are operating in UK which will be done on the basis of Credit Condition survey reports. The credit conditions in an economy heavily depends on the market...
Analysis of Export StrategyThe company named as Roshanstore is located in Mohali district, Punjab region of India. The company is a famous store for packed foods in its area. This paper aims to explore the export strategy of the company. The company is firmly established in the market of its native court and plans to expand its business. It tends to tap the potential of the market of UK as packed food has high demand in European countries and ...
Understanding the market your company servesThe study in supply chain management is taking a complex path due to the rapid expansion in the way logistics, purchasing, transportation, operations management, marketing, and R&D are being influenced by the emerging supply chain management issues. These issues are data archiving mechanisms and tools of production, globalization, quality and compliance and fast-changing markets. According to Mi...
The Impact of Substitutes on Market Equilibrium The decrease of the price of leather jackets Economic theory has it that, a change in the price of a substitute of good causes a change in the demand of the substitute in the same direction. That, if the price of leather jumpers decreases as it is in this example, the demand for woolen jumpers will decrease, see. Therefore, the decrease in the price of leather jumpers will attract more c...
Automation and Supply Chain Management in SupermarketsIn the part of literature review, a critical evaluation is conducted regarding the impact of automation in warehouses and its various significant roles in logistic industry. Numerous eminent scholars have provided their own point of view regarding the impact of using automation technology and its overall outcome on the organizational workforces. With the emergence of technology, the concept...
Vicious Circle based on Supply SideAccording to the concept of Vicious circle of poverty, income level in less developed countries remain low and this further causes low level of investment and saving. This low investment in turn leads the country to experience low productivity along and low income (Pullen 2017). Based on the statement of Prof. Nurkse, this vicious circle represents constellation of forces, which further force a developing cou...
Brief Overview of the Company and Critical ReviewSupply chain and logistics management is one of the most significant practices of the operations management of an organization. Looking at the changing trends and competition in the industries, it is very important for the companies to focus on its supply chain issues and develop strategies accordingly (Monczka, et al, 2015). The major objective of this essay is to analyze the supply chain proce...
Overview of NigeriaThe following paper aims a discussion on the commonwealth country of Nigeria. The Federal Republic of Nigeria is commonly known by the name of Nigeria. The country is located in the western part of the African continent. The country is bordered by the country of Niger in the northern side, the country of Benin to the west of the country. The countries of Cameroon and Chad border the eastern boundaries of the country of Niger...
Major Exports and Imports of the United StatesTrade plays an important role in economic growth of United State. In the world economy, US is the largest importers and exporters of goods and services. The export industries support huge employment and make significant contribution in improving living standard. Every billion of goods and services exported from US to different other nations support nearly 5600 jobs in the economy. The expansion o...
Pricing Strategy of Smartphones with Different Colors and ModelsWhy price of smart phones of similar models black in color are offered at higher prices than the smart phones of white color or yellow in color? In order to answer this question it can be stated that technical gadgets like smart phones are sold at different prices throughout the year depending on many factors. The price of branded and popular smart phones usually remains high...
Foreign Direct Investment in Kuwait's Automobile IndustryThe automobile industry is one of the leading and growing brands in today’s globalization world. Kuwait is a most effective and dynamic importer of New American automobiles and is the eighth biggest U.S export market for automobiles globally. The paper discusses how Kuwait uses porter diamond model to attract and retain foreign direct investment in the country. With U.S automo...
Consumer Demand and Environmental IssuesSustainable marketing is a wider concept in the marketing and business world. It is based on the environmental and social sustainability. The sustainable marketing has mainly focused on the consumer demand as well as on the environment. An increasing number of the consumer base, purchases on the environment and social impact of the product and services, consumer buy and the companies from which, the consum...
Electric Car MarketThe term “market”, in economics, refers to the place where the participants in the demand and supply side forces of different commodities and services, interact with each other, to determine the quantity of the concerned commodities to be produced or demanded and also to determine the level of prices in which the transactions take place (Taussig, 2013). Thus, market plays a crucial role in determine the demand-su...
Aggregate Expenditure (AE) Model1a In the conceptual framework of economics, the Aggregate Expenditure refers to the current value of the finished products and commodities produced in an economy, within a period of time. Thus, the aggregate expenditure consists of the following components: AE = C+I+G+NX [Where, C is the consumption expenditure, G shows the expenditures on part of the government, I denote the investment expenditures in the ec...
