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Does marketing practices of pharmaceutical companies in developed
and third world countries are same? This book gives a perspective
of Unethical Marketing and Promotional activities done by
Pharmaceutical Companies.Pharmaceuticals internationally are under
scrutiny, for conducting their business on high ethical grounds but
this would seem to be a wild goose chased, when we actually
evaluate the business conduct of those organizations in developing
countries. There is a substantial difference of ethical conduct in
doing business in third world countries like Pakistan. In this book
the author tries to elaborate these differences for understanding
the Unethical Marketing and Promotion of Pharmaceutical Industry in
Pakistan.
This study examines the impact of cause related marketing (CRM)
campaigns on brand loyalty, consumer purchase intention and on
sales. The significance of this research involves the careful study
to find the importance of CRM. This new form of marketing,
practiced extensively from last two decades across the globe,
focuses on CRM practices and its impacts on the companies' sales.
It will help in: a) devising better strategies for the future, b)
guide organization that CRM influence the choice of consumers, c)
prove to be a very important tool and instrument in creating brand
awareness & loyalty and d) boosting up sales and market share
in several ways. It develops understanding that how CRM helps in
building brand image and goodwill of company as well as the
awareness of the brand. The CRM is multi-dimensional and more
effective tool among other marketing tools; it is cheap and helps
organization to achieve its goals and objectives more widely in the
long term. It is proved that CRM campaigns have positive influence
on sales activity of the companies and this link is mediated by
factors like brand loyalty and consumer purchase intention which
have positive effect on sales.
The purpose of this study is to discover the role of social
knowledge management enabler such as managerial support and
empowerment in product development. This research study explores
the concept of dynamic capabilities and how it is basically formed
by the combination of knowledge generation, knowledge integration,
and knowledge configuration. Present research study also focuses on
the product organizations. The importance of knowledge management
is very well understood by the companies in Pakistan, they know
that the knowledge management process, if effectively processed in
an organization, helps in the development of products. This study
confirms that dynamic capabilities generate product competences,
which respectively distinguish a firm's product development efforts
from competitors. This study enhances the companies' progress and
other activities regarding organizational strategies and
organizational learning as well as product development activities.
This study enhances the awareness of stakeholders about the
financial management practices and their role to improve
performance and growth of the Pakistani corporate sector. This
study measures the impact of financial management practices on
organization performance, application level and awareness of the
financial analysts of the companies. Theory suggests that financial
management practices are very important for the growth and
performance of the companies, so that effort has been made to check
it practically. It also helps the policy makers to decide the
considerable areas (capital structural decisions, dividend policy,
investment techniques, working capital and performance assessment)
at the time of financial decisions.
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