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PLEDGE

April 3, 2017October 6, 2021 Dr. Toran Lal Verma

PLEDGE The bailment of goods as security for payment of a debt or performance of a promise is called a ‘Pledge’. The bailor in this case is called as ‘Pawnor’. The bailee is called the ‘Pawnee’. example- A borrows rs. 100 from B and keeps his watch as security for payment of debt with B. The bailment of watch is Read More …

MCQ ON MICHEAL PORTER’S DIAMOND MODEL

February 26, 2017October 30, 2021 Dr. Toran Lal Verma

1. Micheal Porter’s DIAMOND MODEL is related with International Marketing International Trade International financial Reporting International finance Ans: 2.International Trade Explanation: 2. Which of the following factor is not related with Porter’s diamond model Demand conditions Related and supporting firms Firms strategy, structure and rivalry Factor conditions. Ans: 2.Related and supporting firms Explanation: There are four elements highlighted in the Read More …

MCQ ON INTERNATIONAL BUSINESS

February 26, 2017October 8, 2021 Dr. Toran Lal Verma

1. Which of the following is not related to Porter’s Diamond Model Demand condition Related and supporting industries Industry strategy, structure and rivalry Factor conditions Answer 3. Industry strategy, structure and rivalry 2 the support activities in Porter’s value chain are which of the following Infrastructure, HRM, procurement, sales and marketing Technology, infrastructure, operations, HRM Procurement, technology.HRM, infrastructure Read More …

BLUE OCEAN STRATEGY

February 17, 2017October 6, 2021 Dr. Toran Lal Verma

W. Kim Chan and Renee Mauborgne in their book titled Blue Ocean Strategy in 2005 explained how a company can eliminate competition and create its own demand. In any in industry there is a cut throat competition, every firm is trying to capture a bigger market share. This Situation is RED OCEAN situation. A BLUE OCEAN situation is a situation Read More …