Feasibility study
Is a preliminary study undertaken before the real work of a project starts to ascertain the likelihood of the project's success. It is an analysis of all possible solutions to a problem and a recommendation on the best solution to use. It involves evaluating how the solution will fit into the corporation.
Joint venture
Joint venture (often abbreviated JV) is a legal entity formed between two or more parties to undertake economic activity together. The parties agree to create a new entity by both contributing equity, and they then share in the revenues, expenses, and control of the enterprise. The venture can be for one specific project only, or a continuing business relationship.
Sales outsourcing
For many companies, the fastest, most efficient way to sell their products or services by hiring an outsider-a professional sales outsourcing firm. Sales outsourcing can refer simply to staffing sales positions from an outside company or outsourcing specific sales programs or campaigns. Traditionally, sales outsourcing has been used by companies that are expanding into new territories or internationally or who are developing a sales team around a new product or sales approach.
Offshore outsourcing
Offshore outsourcing is the practice of hiring an external organization to perform some or all business functions in a country other than the one where the product or service will be sold or consumed. It can be contrasted with offshoring, in which the functions are performed in a foreign country, whether by the foreign subsidiary of the same company or a third-party. Opponents point out that this sends work overseas, thereby reducing domestic employment and domestic investment.
Distributor
Buy product or have consigned from manufacturer, inventory it and sell directly to customer. Profit is difference between purchase and sales price less sales, administrative and inventory costs. Can also perform “value-added” – i.e. just-in-time delivery, installation, assembly, etc. but may handle competing lines.
Dealer
A person or company who sells on behalf of a company or organization for 30-50% from the end user price.
Business intelligence
Business intelligence (BI) is a broad category of applications and technologies for gathering, providing access to, and analyzing data for the purpose of helping enterprise users make better business decisions. The term implies having a comprehensive knowledge of all of the factors that affect your business. It is imperative that you have an in depth knowledge about factors such as your customers, competitors, business partners, economic environment, and internal operations to make effective and good quality business decisions. Business intelligence enables you to make these kinds of decisions.
Market research
Study of the requirements of specific markets, the acceptability of products, and methods of developing and exploiting new markets. Various strategies are used for market research: past sales may be projected forward; surveys may be made of consumer attitudes and product preferences; and new or altered products may be introduced experimentally into designated test-market are as various strategies are used for market research: past sales may be projected forward; surveys may be made of consumer attitudes and product preferences; and new or altered products may be introduced experimentally into designated test-market areas.
Marketing plan
A Marketing Plan is a written document that details the actions necessary to achieve a specified marketing objective(s). It can be for a product or service, a brand, or a product line. It can cover one year (referred to as an annual marketing plan), or cover up to 5 years. A marketing plan may be part of an overall business plan. Solid marketing strategy is the foundation of a well-written marketing plan. While a marketing plan contains a list of actions, a marketing plan without a sound strategic foundation is of little use.
Investor localization
The approved Principles for investor Localization in guarantee fast and effective negotiations; consequently, they save both time and costs to the investor.
