Thursday, November 19, 2009

As a marketer how protect a company.

As a marketer how protect a company.
· Designing competitive strategy.
v Market leader strategy.
v Leader strategy.
v Different market strategy.
v Expanding market share.

· Market challenger strategy.
v Price discount.
v Prestige goods.
v Product innovation.
v Improve service.
v High promotion.
v Distribution innovation.

· Market follower.
· Market nicer.
Partnership is the relationship between two or more person who have agreed to share profit of a business carried on by all or any one of them acting for all .

1.It is a relationship .(contractual)
2.Between two or more person . (Natural person)
3.Agreement to share profit .(As well as loss)
4.Of a business .
5.The business to be carried on by all or any one of them acting .

Who can be a partner ?
1.A person .(Natural)
2.A person of major age .
3.A person of sound mind .
4.A person who is solvent .
5.A person who is qualified .

Who can’t be ?
1.An artificial person .
2.Minoer .
3.Unsound mind or insane .
4.Insolvent .
5.Disqualified person .
6.Foreign alien .
7.Women.

Definition of Partnership Business.

Definition of Partnership Business.

``Partnerships contract of two or more competent person to place their money ,effort ,labor and skill or some or all of them in lawful commerce or business and to divide the profit and bear the loss in certain proportion.’’

`Partnership is an association of two or more person to carry on as co-owners of a business for profit.’’

Elements of Partnership Business:
Lawful business
Name of the business
Association of person.
Contractual relationship.
Mutual trust and confidence.
Unlimited liability.

Types of partnership business:

1.General partnership.(a )Partnership-at –will ,and b)Specific partnership .
2.Limited partnership.

Definition of Business:

Definition of Business:
Business is term with a very wide meaning. It refers to activity of people working for the purpose of producing distributing goods and services at a profit. In broad sense, business is the activity performed by an individual or a group of people with a view to earn profit within the government rules and regulation.

``Business is the exchange of goods, services or money for mutual benefit or profit’’.
Business may be defined as any from of commercial activity to satisfy economic wants of a people at a profit
Finally ,business without profit or loss is no business .It is the while complex field of trade ,commerce ,industry and the network of ancillary services ,distribution ,banking ,insurance ,transport ,and so on which serve and penetrate the world of business as a whole