Posts Tagged ‘business’

Strategic Management of Customer Loyalty

June 8th, 2010

We now know that building Customer Loyalty is key to success in any organization.

The philosophy was first articulated by Fredreich Reicheld – who studied the relationship between three factors – customer satisfaction, customer loyalty and profits. (Bain & Company)

He stated several facts that seem glaringly clear now, but until then, had not been clearly stated.

Tom Peters, author of the semi » Read more: Strategic Management of Customer Loyalty

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Strategic Management

June 8th, 2010

Introduction

Strategic management is an essential part of any successful business. However, the type of approach chosen depends on prevailing internal and external factors. Consequently, the essay will examine some these factors in relation to the strategic approach chosen.

Question 1

Description of Jet Blue Airline’s business model

Jet Blue’s Busines » Read more: Strategic Management

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An Overview of Supply Chain Management

June 5th, 2010

Supply chain management (SCM) is the management process by which raw materials are moved into an organisation, how they are processed internally into the finished products, and finally moved out of the organisation to the customer.

The theory behind Supply Chain Management encompasses the planning and management of the different stages of this process, and includes the sourcing, procurement, logistics and conversion of t » Read more: An Overview of Supply Chain Management

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