The technology increased and it played vital role to the success of a company in today’s competitive world where large number of industries are ready to snatch the market shares of any company. The business operations and processes are totally dependent on the latest information technology systems. The Motorola has implemented the latest information technology systems to facilitate the flow of information within the offices and all the other business divisions The company is using the latest technology for the development of their mobile products. The networks includes the wireless LAN, wireless broadband networks whereas the latest systems offered by the company includes TETRE, ASTRO 23 Network and SCADA Systems etc. along with the wide
The concept of the value chain was introduced in 1985, its aim is to identify how the business processes can be improved and grow the competitive advantage. There are basically two types of competitive advantages that companies are striven for, cost and differentiation . To gain a cost advantage, organizations must • Decide the primary activity of the company, including the support activities carried out . • Examine each activity from the production stage to after sales support
1. INTRODUCTION In order for a product to be successful, the firms have to identify the needs of the customer and make the product according to the needs and within the cost and the time margin. And there exists certain criteria or steps for the development of the product. – Planning – Concept development – Architectural (system-level) design – Detailed design – Testing and refinement – Production design and ramp-up This coursework, detailed about a Mechatronics design model. Section 2 is describing the design methodology.
As described by Kaplinsky and Morris (2001), a value chain can be defined as “the full range of activities which are required to bring a product or service from conception, through the different phases of production, delivery to the final consumer and final disposal after use”. The study in the value chain sector will improve the attempt to understand the distribution of power and value in the chain and to be able to address the agency of workers and small producers (Mitchell and Coles, 2011:11). According to Kaplinsky (2004), the following key elements are important in value chain which need to be recognized and which transform a heuristic into an analytical tool: • “Value chains are repositories for rent, and these rents are dynamic • Governance
The company must ensure that they plan about the new product and set a systematic new product development process for bringing new products in the markets. It includes idea generation, idea screening, concept development, marketing strategy development, business analysis, product
The following chapter has made an attempt to elaborate several theories and concepts used in the study. A critical review of the previous research work is carried out in order to gain better understanding of the subject. The theoretical evidences are drawn from the value chain theory in conjunction with the theory of cooperative. 2.1 Theoretical Framework 2.1.1 The Concept of Value Chain As described by Kaplinsky and Morris (2001), a value chain can be defined as “the full range of activities which are required to bring a product or service from conception, through the different phases of production, delivery to the final consumer and final disposal after use”. The study in the value chain sector will improve the attempt to understand the
The study revealed that the value chain analysis enables companies’ executives to control cost drivers better than the competitors and thus creating above average performance in operational efficiency, profitability, market share, customers’ satisfaction, innovations, quality, and assets utilization. There is the need to also conduct a similar study in other countries as ours to validate whether environmental differences and respondent characteristics could cause a major difference in the researcher
For example, brand names such as Nokia, Samsung, Nike, Apple, Sony, etc have value, despite the fact that value attached to them is invisible. The value lies in the brand recognition, which is an intangible concept. Thus, Intellectual property is one of the forms of intangible property which commands a material value. Intellectual property is that area of law that deals with protecting the rights of those who create original works. It is the primary source of encouragement towards investment in development of new technology.
In most cases, entrepreneurs decide to order all of them. This is not the biggest mistake if you distribute your budget properly. The key point is to dispose of the unnecessary services in a proper time. Again, here you need to implement your analytical skill and check what services contribute to revenue growth and what services cause operating costs growth without any positive effect. These are 7 basic steps that can be implemented in any kind of business.
To keep up the legitimacy of a patent, the proprietor needs to pay expenses to each fitting patent power; inability to do as such causes the patent rights to slip by. Most nations additionally require that the patent is "lived up to expectations." This implies that the ensured development is put to business use, inside of a predefined timeframe. Such a perpetually expanding group of open learning advances further imagination and development in others. Along these lines, patents give not just assurance for the proprietor yet profitable data and motivation for future eras of specialists and innovators.