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Halo & Horn Effect Definition, Advantages, Disadvantages

Browse the definition and meaning of more terms similar to Halo & Horn Effect. The Management Dictionary covers over 7000 business concepts from 6 categories. This definition and concept has been researched & authored by our Business Concepts Team members. Search & Explore : Management Dictionary

Actived: Tuesday Dec 10, 2019

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Self Liquidating Promotion Definition, Importance

4. This tactic of sales promotion can help get new customers and clients during the time of declining demand or off-seasons. 5. Self liquidating promotions if used as a part of loyalty programs can aid in retaining existing customers. 6.

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Lift On, Lift Off (LO/LO) Definition | Operations & Supply

Lift-on/lift-off or LoLo are cargo vessel that are equipped with cranes to load and unload cargo. In other words it’s a self-sufficient cargo vessel which can load and unload cargo without the help of external crane devices. They are also referred to as “Self geared vessel”

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Quality Tradeoff Curve - MBA Skool-Study.Learn.Share.

Quality Tradeoff Curve Posted in Operations and Supply Chain Terms, Total Reads: 7726 Definition: Quality Tradeoff Curve. There are certain costs associated with preventing the occurrence of defects and those incurred after delivering the defective products. The combined cost is known as cost of quality.

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Offer Definition | Marketing Dictionary | MBA Skool-Study

Offer is the common method of sales promotion followed by all sorts of firms. The offer appears in different forms like discounts, coupons, end of season sales, exchange offers and Assured gifts with all purchases at the retailer sides. At traders side Trade allowances, dealer loader and push money are used to attract prospective customers.

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Off-price Retailer Definition - MBA Skool-Study.Learn.Share.

Off-price retailers sell clothing and accessories from major-label brands at a significant discount. These companies take advantage of cancelled orders, when the designer produces more than what he can sell in departmental stores or mistakes made by the designers and forecasting mistakes made by their counter-parts in the full price retail sector.

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Off-Duty Hours Definition | Human Resources (HR

Off-Duty Hours is used to define those periods of time for an employee during which he/she is totally relieved of any job duties. She/he is free to attend to or pursue his or her own personal activities.

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Impact Of The ZooZoo Commercials For Value Added Services

The second season of the Indian Premier League would be primarily remembered for two events that were off the field: The first one involving Indian cricket’s controversy boy, Sourav Ganguly and his tryst with the concept of multiple-captaincy floated around by the erstwhile coach of the Kolkata Knight Riders, John Buchanan. The other one would be the Zoozoos for Vodafone – the eggshell

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Layoff Definition - MBA Skool-Study.Learn.Share.

Layoff or Downsizing refers to reducing the overall size and operating costs of a company. It is mostly done through reducing the total number of employees in the company.

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Nordstrom Marketing Mix (4Ps) Strategy | MBA Skool-Study

Let us start the Nordstrom Marketing Mix: in the store it is moved to the ‘last chance’ section where they offer discounts on the line and later it is taken off the Nordstrom store. The products can be bought from the online store as well where they ship to many countries. The payment has to be made online for that.

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Lay Offs- Down Sizing vs Demoralizing | Business Article

Lay-off or redundancy, is the temporary suspension or permanent termination of an employee or a group of employees for business reasons, such as when certain positions are no longer necessary or when a business slow-down occurs. Initially the term layoff meant a ‘temporary’ interruption in work, as and when factory-work cyclically falls off but nowadays it means ‘permanent’ elimination

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Attrition Definition, Importance, Steps, Types, Formula

Attrition, in Human Resource terminology, refers to the phenomenon of the employees leaving the company. Attrition in a company is usually measured with a metric called attrition rate, which simply measures the no of employees moving out of the company (voluntary resigning or laid off by the company). Attrition Rate is also referred as churn rate or turnover.

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Days of Supply Definition - MBA Skool-Study.Learn.Share.

The average days' supply of inventory that you have on hand tells you how many days your current inventory will last based on your sales levels. If you are short on inventory, your warehousing costs will be lower, but you risk running out. In order to figure these values, you need to figure your average inventory and know your costs of goods sold for the year.

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Twelve Angry Men - Group Dynamics Perspective | Business

12 Angry Men is one such movie which shows how group dynamics can actually lead to success or failures.12 Angry Men is a classic movie which was released in 1957.In the movie 12 men are put in one single room to discuss a case and reach a final decision on it. Until they don’t come up with a final decision no one is allowed to leave.

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Promotional Pricing - MBA Skool-Study.Learn.Share.

Sale with 20% or 30% off etc; Price promotions or promotional pricing is the sales promotion technique which involves reducing the price of a product or services in short term to attract more customers & increase the sales volume.

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Inventory Write-off Definition | Finance Dictionary | MBA

Inventory write-off is an accounting term, where due to lack of demand or other reasons, the stored inventory loses its value completely then it is written off from the company’s accounting records. Inventory is the excess amount of goods manufactured according to the future expectations of demand for that particular product.

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Purchase Intention Definition, Importance, Example

The willingness of a customer to buy a certain product or a certain service is known as purchase intention. Purchase intention is a dependent variable that depends on several external and internal factors. Purchase intentions are a measure of the respondent’s attitude towards purchasing a product or availing a service.

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Zero Layoff Policy - MBA Skool-Study.Learn.Share.

Zero Layoff Policy of an organisation which specifies that no employee would be terminated from his/her job on account of the bad situations present in the economy which would adversely impact the business.

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Rational Appeal Definition | Marketing Dictionary | MBA

Rational appeal is based on appealing price point and highlighting benefits of the products for the customers. The reasonable, functional and practical aspect of the product or service is highlighted in rational appeal advertisements. Generally small businesses use this kind of advertising method to fend off competition.

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Peak Demand Definition - MBA Skool-Study.Learn.Share.

Peak demand is a noticeably and historically high demand for a product or a high sales record. Peak demand may be calculated on a daily, weekly, monthly, yearly or seasonal basis. The opposite of peak demand is off-peak, i.e. the time when demand is noticeably low.

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LIFR (Line Item Fill Rate) - MBA Skool-Study.Learn.Share.

Definition: LIFR (Line Item Fill Rate) LIFE or line item fill rate is a measure of the ratio of the actual orders filled in terms of parallel arrangements or lines.. Example: Suppose there are 5 lines which require 100 units each. But only 3 lines have been provided with the full order, and then only 3 lines have said to have met the order.

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Cutoff Point Definition - MBA Skool-Study.Learn.Share.

Cutoff point can be defined as a point where an investor decides whether or not to purchase a security. The cutoff point is considered to be very subjective and mainly depends on the personal and individual characteristics of the investor.

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Top Brand Failures due to Differences in Culture | MBA

Top Brand Failures due to Differences in Culture Posted in Popular, Total Reads: 40002 Would a company which is successful in one part of the world, be successful in other part too ? The answer to this question is Maybe or Maybe Not. Apart from difference in countries and geographies, there is one very major difference in different parts of the

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5 C’s of Marketing Definition - MBA Skool-Study.Learn.Share.

Definition: 5 C’s of Marketing. They are used to analyze the five key areas that are involved in marketing decisions for a company and includes : Company, Customers, Competitors, Collaborators, and Climate. The 5 C’s are a good guideline to make the right decisions, and construct a well-defined marketing plan and strategy.

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Competitive Strategy Definition, Example, Types & Overview

Definition: Competitive Strategy. Competitive Strategy is defined as the long term plan of a particular company in order to gain competitive advantage over its competitors in the industry. It is aimed at creating defensive position in an industry and generating a superior ROI (Return on Investment).

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Qualified Automatic Contribution Arrangements Definition

Definition: Qualified Automatic Contribution Arrangements. Otherwise called QACAs, these were built up under the Pension Protection Act of 2006 as an approach to expand laborers' support in self-financed characterized commitment retirement arranges, for example, 401(k)s, 403(b)s and 457(b)s.

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Hierarchy of Effects Theory Definition, Steps & Overview

Definition: Hierarchy of Effects Theory. The hierarchy of effects model is a model which tells advertisers to make an advertisement in such a way that the customer goes through all these six stages namely awareness, knowledge, liking, preference, conviction and purchase.

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Inventory Shortage Penalty Cost - MBA Skool-Study.Learn.Share.

Definition: Inventory Shortage Penalty Cost. Inventory is the stock of materials or finished goods a manufacturer or seller keeps to cater to fluctuations in unanticipated demand from the consumer end. Just as carrying excess inventory results in high cost incurred by the seller, the flipside is the inventory shortage cost.

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Trade Allowance Definition - MBA Skool-Study.Learn.Share.

Here, they offer allowances for such products to push sales for those products to clear inventory. Another example of trade allowance will be when a company, who knows that their product is seasonal, offers discounts to improve sales during off-season periods. Hence, this concludes the definition of Trade Allowance along with its overview.

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Absolute Standards - MBA Skool-Study.Learn.Share.

Absolute standards is a method of performance appraisal used to evaluate the performance of an employee in comparison to standards established by the firm. Evaluation is done on an individual basis rather than comparing co-workers. These standards can be set using research on work sampling, production data or expert opinions. Methods can be of qualitative nature, quantitative or a mixture of both.

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Off Peak Definition | Marketing Dictionary | MBA Skool

Off peak can be defined as an event or product occurring or offered during a low demand period. It is also called off-season. In order to capitalize on off-peak demand, the aim should be to increase sales traffic without detracting from peak-hour sales.

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Troll Marketing - MBA Skool-Study.Learn.Share.

In Internet slang, a troll is someone who posts inflammatory, extraneous, or off-topic messages in an online community, such as a forum, chat room, or blog, with the primary intent of provoking readers into an emotional response or of otherwise disrupting normal on-topic discussion.

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Terms of Payment Definition - MBA Skool-Study.Learn.Share.

Definition: Terms of Payment. These are the conditions under which the seller will complete the sale if they are satisfied. The terms include the specific period within which the buyer needs to pay off the amount dues, demands related to cash in advance, cash on delivery, 30 days or more deferred payment and similar other provisions.

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Top Jeep Competitors & USP - MBA Skool-Study.Learn.Share.

4. Strong off-roading capabilities. 5. The brand has also diversified into apparel for lifestyle. Weaknesses Here are the weaknesses in the Jeep SWOT Analysis: 1. High Price compared to competition 2. Low penetration globally among the relevant people 3. Perspective of having dated design with no major improvements over a long period of time

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Unsafe Acts - MBA Skool-Study.Learn.Share.

Unsafe Acts are defined are the activities in which the employees are engaged or involved and include unauthorized use or operation of equipment. The main reason behind unsafe acts is the human attitude and their behavior towards their job at their respective workplace. Accidents occur because of these unsafe acts at the workplace.

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Importance Of Environmental Costing | Business Article

Be it solid or liquid waste disposal, everything has a cost. Even disposing off the classified solid wastes at the Solid waste disposal site (SWDS), at Nandesari brings a cost to an enterprise. MSMEs have not been left out of the folds of these environmental trends.

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Subway Marketing Mix (4Ps) Strategy | MBA Skool-Study

Let us start the Subway Marketing Mix: Product: They are located in off-beat premium places and it has turned out to be a boon for the brand. They are located on airports, malls, amusement parks, business centers, hospitals, military bases, etc. These Subway outlets are located in premium places where the customers are more calorie

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Seasonal Discount Definition | Marketing Dictionary | MBA

There are some firms which offer discount on other seasons as will and name it off season discounts where the firms may not be earning as much or may have a slack period. The disadvantages of a seasonal discount is that a firm may have to offer these discounts on every season which comes during the year.

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The Rise and Fall of Maggi in India | Business Article

Though Maggi noodles are pulled off shelves in India there are other nations that have passed it in testing and consider them safe. Canada and Singapore have tested them and pronounced them safe. The main reason is that Singapore cares less about hygiene as compared to India and Canadian inspectors are quite relaxed about food safety.

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Draw on Sales Commissions - MBA Skool-Study.Learn.Share.

There is always a trade-off between the two . Hence, this concludes the definition of Draw on Sales Commissions along with its overview. Browse the definition and meaning of more terms similar to Draw on Sales Commissions. The Management Dictionary covers over 7000 business concepts from 6 categories.

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Harry Winston SWOT Analysis - MBA Skool-Study.Learn.Share.

Retaining the skilled employees and key executives because of recession mostly lay off happens. Opportunities Following are the Opportunities in Harry Winston SWOT Analysis: 1. Expansion and revamp of existing network into many countries 2. Tapping strong growth in luxury goods sales as a result of growing tourism

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Offshoring Definition - MBA Skool-Study.Learn.Share.

Offshoring can be understood as a type of outsourcing that involves the moving company's all business processes or some of the processes to another location (mostly different country) for competitive advantage like low costs, cheap labor etc.

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Unbundling Definition | Marketing Dictionary | MBA Skool

Unbundling is breaking the bundle and dividing it in smaller parts. It can be used in various contexts: • In context of companies unbundling is selling off other lines of business and retaining the core business usually for performance measures or by government regulation. • In context of service or a product, unbundling is charging separately for each service/product as against the bundle

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Brand Building Definition, Importance, Process & Overview

Brand Building is generating awareness, establishing and promoting company using strategies and tactics. In other words brand building is enhancing brand equity using advertising campaigns and promotional strategies. Branding is crucial aspect of company because it is the visual voice of the company. Goal of brand building is creating a unique image about the company.

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Independent Off-Price Retailer Definition | Marketing

Definition: Independent Off-Price Retailer. The retailer that are independent in nature and are run by individuals like entrepreneurs or are the part of some large corporation are called Independent off price retailers.

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Practicalities of the Link Between Industrial Relations

The industrial relations settings in India involve three main actors- the employers, the workers and the government agencies. Compared to some of the other countries, the government, in India, seems to hold a tighter control over various affairs of IR through various acts. Accordingly these acts need to be kept in mind when analyzing performance management in industrial relations setting in India.

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Concession Close - MBA Skool-Study.Learn.Share.

Concession close is a particular instance or technique of closing a deal where in the salesman or the seller gives a concession to the buyer or the party who is interested in the deal there in. Closing a deal is the most important part of a sales job, where the sales person or the seller has to close the deal with the buyer.

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Marketing Promotion Definition - MBA Skool-Study.Learn.Share.

Marketing promotion includes a variety of communication activities to educate customers, increase awareness, increase demand, build brand value and recognition and provide differentiation. • To encourage people to buy in bulk especially in off season to level the demand • To encourage people to try their product over their existing

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Vans SWOT Analysis - MBA Skool-Study.Learn.Share.

Off the Wall. USP Custom Made Footwear for all sizes. Vans STP Segment High quality premium footwear. Target Group Urban upper middle and upper class. Positioning Custom Made Footwear as per the customers requirements in style and fashion. Vans SWOT Analysis Strengths

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Offer Letter - MBA Skool-Study.Learn.Share.

A job offer letter is an official document that formally confirms the details of an offer of employment.

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