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Thread: SB Entrepreneur Corner:: Share Your Business Ideas, Experiences, Ideas and Articles

  1. #166
    ▐║Mirchirific Moderator║▌ Brigadier General mirchi.foreever's Avatar
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    Quote Originally Posted by a_decent_1 View Post
    Ohhh,
    Just gave that Exam yesterday.. !! By the way, Add 3 more to this :

    Product
    Price
    Place
    Promotion
    People
    Process
    Physical Evidence

    Regards.
    PHysical Evidence........
    I am a different person- compared to- who I was this time the last year...

  2. #167
    Moderator Colonel gracefulguy's Avatar
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    Quote Originally Posted by mirchi.foreever View Post
    PHysical Evidence........

    I guess you can repalce it with Psycology...its a silent P .....but chalega....

  3. #168
    teekhi jammu chilli Major General arumita's Avatar
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    Quote Originally Posted by mirchi.foreever View Post
    PHysical Evidence........
    this may be related to physical things present in work place like furnishing , ur paper work etc
    am i right mr decent ?
    My love, the spark that ignited the day we met
    remains an eternal flame.











  4. #169
    ♡♥£☋¢Ǩ¥ ★☆★ ☾ћi¢Ҝ¥♥♡ Field Marshal sens's Avatar
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    Quote Originally Posted by mirchi.foreever View Post
    PHysical Evidence........
    Quote Originally Posted by gracefulguy View Post
    I guess you can repalce it with Psycology...its a silent P .....but chalega....
    Quote Originally Posted by arumita View Post
    this may be related to physical things present in work place like furnishing , ur paper work etc
    am i right mr decent ?
    mirchooo very lively thread it is,... evergreen & lively
    Live amongst people in such a manner that if you die they weep over you and if you are alive they crave for your company.

  5. #170
    ▐║Mirchirific Moderator║▌ Brigadier General mirchi.foreever's Avatar
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    Quote Originally Posted by gracefulguy View Post
    I guess you can repalce it with Psycology...its a silent P .....but chalega....
    I dont think so, check arumita's reply....it makes sense.

    Quote Originally Posted by arumita View Post
    this may be related to physical things present in work place like furnishing , ur paper work etc
    am i right mr decent ?
    lemme read more abt it, but ur reply is making sense...so lets see what mr Decent gonna say abt it.

    Quote Originally Posted by sens View Post
    mirchooo very lively thread it is,... evergreen & lively

    Thank you sensu
    I am a different person- compared to- who I was this time the last year...

  6. #171
    Moderator Colonel gracefulguy's Avatar
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    Quote Originally Posted by mirchi.foreever View Post
    I dont think so, check arumita's reply....it makes sense.
    Oh yes....definately ......:-)

  7. #172
    SB MahaGuru Colonel gors1's Avatar
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    Hi Mirchi...

    WOW ....Amazing. Nice thread and sharing lots of knowledge in this field helps all to grow.


    Success in business requires training and discipline and hard work. But if you’re not frightened by these things, the opportunities are just as great today as they ever were.
    "Value has a Value Only if its Value is Valued"




  8. #173
    SB MahaGuru Colonel :)Samir(:'s Avatar
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    Reading through this thread, there is a confusion when it comes to the term strategy.

    Expanding R & D in a year is not a strategy but an startegic objective which would lever the company to a strategic position where competitive advantage can be sustained. Strategic manegement is about balancing the needs and enablers of the present with those of the future also imporant consideration must be given to the operations which are extremly important to any organisation. Just look at TQM at toyota, most automobile industries copy the methodology now.

  9. #174
    ..Yaar Patialavi.. Colonel a_decent_1's Avatar
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    Physical Evidence refers to the availability of Proof of the existence of Something. It may be a contract or an order..

    For example, When you place an order for some product, the Supplier gives you a Proforma Invoice. That would be the "Physical Evidence" of what product you are buying, in what quantity and what Price..

    Hope it clears things out.

    Regards.
    My Personality depends on who I am.My Attitude depends on who you are.
    a_decent_1™ ©®

  10. #175
    ..Yaar Patialavi.. Colonel a_decent_1's Avatar
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    Quote Originally Posted by arumita View Post
    this may be related to physical things present in work place like furnishing , ur paper work etc
    am i right mr decent ?
    Bingo there.. !!
    My Personality depends on who I am.My Attitude depends on who you are.
    a_decent_1™ ©®

  11. #176
    SB MahaGuru Colonel :)Samir(:'s Avatar
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    What do u guys think about sequencing work for Products

    FIFO
    LIFO
    ?

  12. #177
    ..Yaar Patialavi.. Colonel a_decent_1's Avatar
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    Quote Originally Posted by :)Samir(: View Post
    What do u guys think about sequencing work for Products

    FIFO
    LIFO
    ?
    FIFO - First in First out

    FIFO Is used in case of products which have smaller Shelf life i.e limited expiry date. The Idea is to Sell the older product with lesser Validity before the Fresh stock that would have more Shelf Life.. !! So, Stock that comes in First is Sold First.. !!

    LIFO - Last in First Out

    LIFO is used in case of products that have either No expiry date at all or have a Shelf life of a Long period.. !! LIFO has more Significance in Accounting term than in Practical term.

    The Idea behind LIFO is Simple. You would sell your product at present price prevailing in the Market, i.e according the price at which you have recently bought it. So, The products you Buy most recently are preferred to be sold Before the Old stock which is bought at a Different price.

    This would mean the inventory at the end of a year consists of the goods placed in inventory at the beginning of the year, rather than at the end.

    It would also Reduce their Tax Burden incase the Cost of the Goods have increased in the recent time. This is because while preparing the Books of Accounts the Inventory would be valued at what price they were bought. Since they have Sold the New Products bought at Higher prices, the old inventory would still be valued at the Lower (Old) cost.


    I hope you understood.. !!

    G'day
    My Personality depends on who I am.My Attitude depends on who you are.
    a_decent_1™ ©®

  13. #178
    ▐║Mirchirific Moderator║▌ Brigadier General mirchi.foreever's Avatar
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    Quote Originally Posted by gors1 View Post
    Hi Mirchi...

    WOW ....Amazing. Nice thread and sharing lots of knowledge in this field helps all to grow.


    Success in business requires training and discipline and hard work. But if you’re not frightened by these things, the opportunities are just as great today as they ever were.
    Thank you Gauri for your Inputs and good to know you liked the thread!!!
    I am a different person- compared to- who I was this time the last year...

  14. #179
    ▐║Mirchirific Moderator║▌ Brigadier General mirchi.foreever's Avatar
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    Quote Originally Posted by a_decent_1 View Post
    Physical Evidence refers to the availability of Proof of the existence of Something. It may be a contract or an order..

    For example, When you place an order for some product, the Supplier gives you a Proforma Invoice. That would be the "Physical Evidence" of what product you are buying, in what quantity and what Price..

    Hope it clears things out.

    Regards.
    Good to know !! Thanks Decent!!
    I am a different person- compared to- who I was this time the last year...

  15. #180
    !SHAITAN! Major vabs19's Avatar
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    I Need More Information On How 2 Acquire More Client's In Export Market??

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