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For decades with the beginning of competition, many organisations compete on the basis of low prices. Price wars, however, represent a fundamentally different dynamic than simply trying to get an edge on price. They begin when competitors aggressively and repeatedly set prices below established...
Persistent link: https://www.econbiz.de/10012956244
Globalization, technological and customer increasing changes, amongst other drivers, result in higher levels of uncertainty and unpredictability for organizations. In order for organizations to cope with the uncertain and fast changing economic and business environment, these organizations need...
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It's a frustrating and confusing situation for many entrepreneurs and managers to see their company doing well in sales volumes but the profits are falling short of the management expectations. Maybe, the company is just breaking even or even losing money. The question that may be asked is why...
Persistent link: https://www.econbiz.de/10013002320
Throughout history, the creation of any country's wealth and economic dynamism depends upon the competitiveness of its organisations and this, in turn, relies fundamentally on the capabilities of its entrepreneurs, who are either owners or corporate. As it is developed in the literature, any...
Persistent link: https://www.econbiz.de/10012934296
Many entrepreneurs and managers in their daily tasks are experiencing decline in production and ultimately the bottom line of their organisation. What can be done to solve these impediments? The current paper answers to the above question. To achieve this, a thorough literature review was...
Persistent link: https://www.econbiz.de/10014130627
The Volkswagen saga with its consequences of the rigged emissions scandal unearthed has stunning implications, namely the probability of potentially affecting people’s health, the environment, the reputation of the industry and even Germany, and more importantly the company image. In fact,...
Persistent link: https://www.econbiz.de/10014131919
Since 1994 with the arrival of the African National Congress (ANC) at the helm of the political scene, many regions are struggling to meet the challenges of poverty alleviation and underdevelopment. Many researchers and academics, including Ndedi (2003) and Ndedi and Ijeoma (2008) have quickly...
Persistent link: https://www.econbiz.de/10014035418