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jagadish
but can be used in times of emergency situation as to remove the product from
shelf space of retail stores if product is defective and company has no idea as to
where the dispersement of product has been done
it can be solved by introducing for example 2 products of new launch with one
defective product launched of defective product
4c concept can also be introduced if companies help each other under crisis
but the same cannibalisation is effective if you are a monopolist in the industry, even
then to lesser extent it has to be used as it is unethical
why unethical , it is because you are diverting funds to new product every now and
then as goodwill of brand company is at stake effecting the company in the long
run , it is unethical as per company policy and not consumer perspective. consumer
always has a chance of substitution effect but company doesn't have such freedom.
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targets being given to star performers and other employees is not reachable, sometimes
is reachable by star performers and they are given small token of gifts to encourage them
to do sales on consistent basis, but company forgets that the targets reached by star
performers is occassional and not frequently as perceived by company management
what happens to companies if the average targets are kept and not higher targets, it
would benefit the company in the long run as it would tell the company management
whether they are recruiting the right candidate for target growths or they are recruiting
dull heads who are poor in personal relations .
those who are achieving this targets can be retained back and those who are not
reaching the targets can be deleted as targets are kept to achieve not to discourage
honest marketing executives whose mindset would to give honest database and not to do
manipulation as is seen in companies employees only because the targets were too high
to achieve and they did not want to leave the company so manipulated the database just
to sustain for fewer months
targets have to be achievable by average marketing executive is the moral of the article
recruitment of excellent executives can be judged easily if targets are achievable as
company can measure its executives SWOT
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it is quite amazing that for research to happen money is needed and universities
even though have power have concentrated their entire research under the hands of
few and students have been denied freedom to express their research passion . in the
name of professorship across the universities students have been denied who want to
contribute for companies stating that they have to become professors and teach and
not just do research
why? this adam smith never knew how to give orientation in the world but wrote a
book which became the bible of the whole world, and universitites spend money on
purchasing books which is never used for research by students even though phd is
awarded by foreigners but under the pretext of professorship , can all students teach
is the first question ?
look for talent not professorship in education ? i cant teach to students but can write
and do research ? i havent earned money but earned fame ? i am not supporting
myself but put a case infront of the world that if i cant teach but some people ,
students follow me ? is it true fact that i or others who cant teach be not given
finance either by government wing or universities to which student apply ?
research to be done is most important in 21st century if universities are looking for
professorship huge talent is wasted if you consider me also in this tussle for research
to be denied finance ?
i am supporting myself if some believe and i am also supporting students who have
flair for education research but dont have multitalent to contribute
why don't companies provide finance to students under apprenticeship if they want
to save their companies and to have honest, sincere, talented researchers under their
belt who can revolutionize them in the long run
jagadish (me) always talks about 4c concept being used for research purpose, how
to do it effectively and efficiently without affecting the relationship between
companies
Ans)
by sharing information under this format they lost portion of their knowledge to
competitor , but it is acceptable under 4c concept as it is meant to give information
to each other under this concept otherwise friendship between companies is done
only by sharing information to each other
Q2) how much money should be allotted under R and D by companies under
4c ?
Ans) investment of knowledge under 4c concept gives you much more say over the
issue than monetary
Q3) how much of man power is required to solve R and D purpose under
4c ?
Ans) man power in the sense of implementation of strategy team is much more
beneficial under 4c concept
Q4) what is the role of Government and law to solve this 4c concept which
also includes R and D purpose ?
Q5) what role can ESOP and CSOP play in bringing about success in R and D
development ?
Ans) it is employees and not consumers/customers who can bring about success in R
and D development
sony walkman was created by sony employees and not by the guidelines of
consumers---- talk about innovations
Q6) what role does breach of contract designed between companies can
play a role in solving R and D problem under 4c concept ?
Ans) actually breach of contract should be their with actual amount of money to be
specified if certain clauses if designed between companies is breached, based upon
clauses a certain amount of money as stated by companies while designing the
contract has to be paid
if high court of a country cant come up with fixed amount of money to be paid it is
better advised to companies themselves to decide the specific amount that has to be
paid by the company on breach of clause as specified by themselves, if their is a tie
as to party to contract have been breached by all the parties involved high court
would give the direction.
Q7) Can labor unions play a role in R and D development ? if yes how ?
Ans) through drop boxes advise can be given by any labor with proper direction of
labor union leader
research contribution can be done but it has to have proper authentication from labor
union leader. labor union leader must know what information is being passed on to
the board of directors through proper channel which is measurable
Q8) what type of strategies should board of directors broadly should define
while implementing R and D under 4c concept ?
a) education top priority for company employees either white collared or black
collared
b) management of strategies to be shared with employees on regular basis
c) intranet facility to be adopted all over the company (blue collared or white
collared)
d) funding to educational institutions by industries and recruitment-- phd to be given
preference ranging between one to three years by students
Q9) In todays generation nature plays a dominant role how much should it
play in bringing about innovations under 4c between companies ?
Ans) products if are nature friendly brings in joy in the consumer as it wasnt seen in
the olden days, innovation under 4c can be done but what type of qualities are
required by companies in order to garner strength for this type of business
qualities of company
Q10) what role does supply chain management style play a role in R and D
under 4c concept ?
a) transportation van to be used on daily basis to collect junk yard from supply chain
management points (wholesaler, distributor, retailer (point ))
think?
this would also result in knowing the collection revenue and number of products used
on daily basis with the help of ERP of the company concerned
Q12) how to gather information under vital R and D purpose in defining its
role under 4c concept ?
Ans) B2B marketing concentrates upon selling products between companies which is
the maximum sales generated by any indsutrial company
Ans) B2C conentrates upon selling product directly to consumer through companies
think ?
Ans) C2C concentrates upon research being done with customer to customer
( example : Amway)
think ?
Q19) what are the major drawbacks in marketing research ? how can you
overcome them ?
Ans)
c) not known whether target audience where research is taking place are the right
candidates to give information
how to overcome it --- use internet, intranet
it has to be done with students fraternity with companies, initially with educational
institutions, students groomed up their and taken up in future by companies as is
seen in USA.
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