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Backward invention is a product strategy in international marketing in which an existing product may have to be re-engineered or dumbed down by the company to be released in Less Developed Countries, often at a cheaper rate. [1]
Examples for tapered integration are (1) Tim Hortons owning some of its retail outlets but also using franchising, (2) Coca-Cola and Pepsi both having integrated bottling subsidiaries while also relying on independent bottlers for production and distribution in some markets, or (3) BMW which uses both in-house market research from its Corporate Center Development and external market research ...
Horizontal integration is the process of a company increasing production of goods or services at the same level of the value chain, in the same industry. A company may do this via internal expansion or through mergers and acquisitions .
Requirements traceability is a sub-discipline of requirements management within software development and systems engineering.Traceability as a general term is defined by the IEEE Systems and Software Engineering Vocabulary [1] as (1) the degree to which a relationship can be established between two or more products of the development process, especially products having a predecessor-successor ...
Differentiation strategy is not suitable for small companies. It is more appropriate for big companies to apply differentiation in any one or several of the functional groups (finance, purchase, marketing, inventory etc.). [5] This point is critical. For example, GE uses its finance division differentiate itself.
Based on this analysis, the supplier should choose his goals for the auction. The obvious goal is to win the auction at a profitable price. However, that is not always the best goal. Because of the examples of reasons mentioned above the supplier might choose as a goal for example: To come in second (or third) while keeping the price high,
The post 26 Palindrome Examples: Words and Phrases That Are the Same Backwards and Forwards appeared first on Reader's Digest. Palindrome words are spelled the same backward and forward.
A simple example of both backward and forward compatibility is the introduction of FM radio in stereo. FM radio was initially mono , with only one audio channel represented by one signal . With the introduction of two-channel stereo FM radio, many listeners had only mono FM receivers.