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Settlement Machinery of Industrial Conflicts

Human Resource Management Unit-6 Introduction to Industrial Relat...

Settlement machinery refers to the various mechanisms and institutions that facilitate the resolution of industrial disputes. These mechanisms are designed to promote dialogue and cooperation between employers and employees, with the goal of reaching a mutuall...

Labour laws related to social security measures

Human Resource Management Unit-6 Introduction to Industrial Relat...

India has several labor laws aimed at providing social security to its workforce. These laws are influenced by the Constitution of India and the International Labour Organization (ILO) Convention on Social Security, which India ratified in 1964. Here's a break...

Gig workers

Human Resource Management Unit-7 Contemporary issues and trends i...

Definition and Context Gig workers are individuals who engage in piecemeal work, often through digital platforms, where they offer specific services or complete particular tasks for a fee per job, rather than working on a regular salary basis for a single empl...

Work from home

Human Resource Management Unit-7 Contemporary issues and trends i...

Work from Home (WFH) refers to a working arrangement where employees perform their job duties from their home environment rather than in a traditional office setting. This trend has gained significant traction due to technological advancements that enable remo...

Ethical Issues in HRM

Human Resource Management Unit-7 Contemporary issues and trends i...

Ethical Issues in Employment Discrimination: HRM professionals must ensure that all employment decisions are made fairly and without discrimination based on race, gender, religion, age, disability, or any other protected characteristic. Harassment: HRM prof...

E-HRM

Human Resource Management Unit-7 Contemporary issues and trends i...

Types of E-HRM E-HRM is typically classified into three broad categories: 1. Operational E-HRM This type relates to administrative functions and processes that deal with the day-to-day operations of HR. Its primary focus is on processing information for employ...

Introduction to International HRM

Human Resource Management Unit-7 Contemporary issues and trends i...

author: "Sanjay Bandaru" date: "2021-10-19" subject: "Human Resource Management" keywords: [Human Resource Management, International Human Resource Management, IHRM, HRM, HR, Management, LMS, Learning, VU, Virtual University] Introduction to International Hu...

Introduction to the Module

MF Module 05 Business Buying Behaviour and...

This is a placeholder for the 5.a_Introduction_to_the_Module.md.

Introduction to B2B Markets

MF Module 05 Business Buying Behaviour and...

What is B2B Market? B2B refers to the transactions that occur between businesses rather than between a business and individual consumers. In the B2B market, products and services are sold by one company to another company, which often uses these products to pr...

Business vs Consumer Markets

MF Module 05 Business Buying Behaviour and...

The differences between B2B (Business-to-Business) and B2C (Business-to-Consumer) are crucial for understanding how businesses operate in each market. Some of these differences are intuitive, while others require more thought. Let’s dive into the key distincti...

Value Proposition in Business Markets

MF Module 05 Business Buying Behaviour and...

In the business market, value propositions are critical in establishing why a customer should purchase from a particular supplier. There are three primary types of value propositions in B2B markets: All Benefits, Favorable Points of Difference (POD), and Reson...

Segmentation in Business Markets

MF Module 05 Business Buying Behaviour and...

Segmentation, targeting, and positioning (STP) are foundational concepts in marketing. While the principles of segmentation in B2B markets are similar to those in B2C markets, their objectives and execution differ significantly. This document explores segmenta...

Buying Benefits and Strategies

MF Module 05 Business Buying Behaviour and...

Four Types of Benefits in B2B Business 1. Tangible Financial Benefits Definition: Values that the seller can communicate and the buyer can verify readily. Examples: Horsepower in engines. Processing speed in computers. Fuel efficiency in machinery. Key ...

Purchase Process in Business Markets

MF Module 05 Business Buying Behaviour and...

In B2B markets, the purchase and sales processes differ significantly from B2C. The complexities arise due to the involvement of multiple decision-makers, high-value transactions, and broader organizational impact. Example of B2B Requirements Mapping When a m...

Types of Buyers

MF Module 05 Business Buying Behaviour and...

Types of B2B Customers 1. Commodity Buyers Characteristics: Commodity buyers focus solely on the price and view products as interchangeable commodities. They are likely to switch suppliers if they find a better deal elsewhere. Business Strategy: For suppl...

Case Study Mediquip

MF Module 05 Business Buying Behaviour and...

Background: MediQuip A subsidiary of Universal, a French conglomerate. Product lines: CT scanners, X-rays, ultrasonic, and nuclear diagnostic equipment. Renowned for: Advanced technology. Competent after-sales service. European Market Context Market Siz...

Practice Assessment

MF Module 05 Business Buying Behaviour and...

This is a placeholder for the 5.j_Practice_Assessment.md.

Triumph Achieved

MF Module 05 Business Buying Behaviour and...

This is a placeholder for the 5.k_Triumph_Achieved.md.

Product Concept

MF Module 06 Strategizing Products and Ser...

Before diving into product strategies, it is essential to grasp the fundamental concept of a product. . The Five Levels of a Product A product provides value to customers across five levels, each adding layers of satisfaction and differentiation. These levels...

Product Line Management

MF Module 06 Strategizing Products and Ser...

Product Line Management involves organizing, analyzing, and strategizing around a company's total portfolio of products. This practice is particularly crucial for companies with a wide array of offerings, such as Unilever, Procter & Gamble, Coca-Cola, or FMCG ...