Question { UPSC, 199617 }

what is repo rate?

Answer

Whenever the banks have any shortage of funds they can borrow it from RBI. Repo rate is the rate at which our banks borrow rupees from RBI. A reduction in the repo rate will helps banks to get money at a cheaper rate.When the repo rate increases borrowing from RBI becomes more expensive.

Question { Coca Cola, 6222 }

what is retail.

Answer

Retailing encompasses the business activities involve in the selling goods and service to consumers for their personal, family, or household use. It includes every sale to the final consumer.

Question { PSU, 4939 }

what is marketing?

Answer

Marketing is a management process responsible for identifying,anticipating and satisfying customer or marketing is a organizational function and set a process for creating, communication, and delivering value to the customer with satisfaction for retaining customer relationship.

Question { 5246 }

what is supply chain management?

Answer

SCM is a oversight of material, information,and finances as they move in a process from supplier to manufacturer to wholesaler to retailer to consumer.Supply Chain Management is a involve coordinating and integrating these flows both within and among the companies.

Question { Amdocs, 5167 }

what is difference between strategy and planning.

Answer

Strategy: strategy is direction and scope of the organization over the long term(what product,what routes to market, what customer)which achieve advantage for the organisation through its configuration of resources within the challenging environment.
Planning:Planning is the dynamic action for take short term goal and that's also help to strategy, Planning is the natural next step of determining how you will realize your strategy.