Wednesday, 22 February 2017

Analysis of Germany

Germany covers a region of about 137, 847 square miles which consists of 134, 836 square miles of land and 3, 011 square miles of water. Germany is classified as the 7th largest country in Europe and it is centrally located in the European continent. It shares borders with Denmark, Poland, Austria, Switzerland, Czech Republic, France, Luxembourg, Belgium and Netherlands. This central location makes the German market highly suitable for both local and foreign businesses. Climate. Germany has a temperate climate which is seasonal and dominated by the westerly winds.

Market Analysis of Germany

Germany economy is ranked third largest in the world after U. S and Japan. It is the best in Europe and accounts for more than 20 percent of EU's Gross Domestic Product. Being one of the most industrialized nations in the world, its market is highly favorable for both local and foreign trade and  investments. Strong health labor relations, a good fiscal policy and increased FDI investments are the major contributors to the strong economic drive over the years. Germany's federal government has implemented major reforms and funding programs in order to facilitate a friendly business environment.

Sunday, 8 January 2017

Public services

Increased availability of goods and services can be demonstrated by using a supply curve. As economic growth increases, a country will increasingly open up to international trade. Competition from both domestic and foreign goods and services will lead to an increase in the supply of goods and services. This will drive the prices of goods further and further down. In addition to the above benefit, economic growth can lead to improved public services as offered by the government.

International comparisons

International comparisons by many scholars regarding quality of life have over the years tended to indicate a strong relationship between economic growth and quality of life. In essence, these comparisons have shown that there exists a positive relationship between gross domestic product and the living standards of individuals in a country. While this may be thought of as being true given many researches conducted by many scholars, historical experience tend to negate this belief.

Tuesday, 20 December 2016

Relationship Management

Customer Relationship Management is always the cost based activity for any company but the output will considered as value added customers. Companies which are using the CRM needs to make cost-benefit analysis to evaluate how the CRM is performing, we can know the ROI (Return of Investment) and the experience of the customers. The case should be analyzed which includes the total system cost, total savings and the NPV (Net Present Value) of the system. That is it should include the tangible benefits (Cost Based Analysis) and intangible benefits as wells as risk assessment.

Relationship Management

Quality is always related to the organizational strategic plans and objectives. Companies do the analysis of market improvement plan by focusing on customers. They develop some plans and strategies towards customer perception in order to attract them towards there business, this is called “Customer Relationship Management”. “CRM Guide, 2006 – Next Media Publications” Baderman Island is one of the fastest growing tourist and vacation resorts in the world.