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The Asian trading mindset |
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Written by Administrator
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Thursday, 30 October 2008 19:17 |
Despite the growth of Asian companies and their global aspirations for leadership, the majority of Asian companies still function based on a trading mindset. A trading mindset where short-term sales and investments in tangible capital assets are predominant.
A study carried out by McKinsey shows that tangible assets are becoming less relevant in Asia's battle for global success. It shows that the biggest value creators of Asia have a 1:1 sales to asset ratio as against a 1:4 sales to asset ratio for an average Asian company.
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The 9 characteristics of a brand |
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Written by Administrator
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Thursday, 30 October 2008 19:15 |
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A strong brand is defined and characterized by the following 9 dimensions: - A brand drives shareholder value
- The brand is led by the boardroom and managed by brand marketers with an active buy-in from all stakeholders
- The brand is a fully integrated part of the entire organisation aligned around multiple touch points
- The brand can be valued in financial terms and must reside on the asset side of the balance sheet
- The brand can used as collateral for financial loans and can be bought and sold as an asset
- Customers are willing to pay a substantial and consistent price premium for the brand versus a competing product and service
- Customers associate themselves strongly with the brand, its attributes, values and personality, and they fully buy into the concept which is often characterized by a very emotional and intangible relationship (higher customer loyalty)
- Customers are loyal to the brand and would actively seek it and buy it despite several other reasonable and often cheaper options available (higher customer retention rate)
- A brand is a trademark and marquee (logo, shape, colour etc) which is fiercely and pro-actively protected by the company and its legal advisors
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Entry Plate speeds cable and pneumatic hose installation |
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Written by Administrator
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Thursday, 02 October 2008 21:23 |
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Designed to snap into panels 1.5-2 mm thick and rated for use between -30 to +90°C, Round KDP/R Cable Entry Plate comes pre-punched with 1 hole for each cable or pneumatic hose to be inserted. Once cable is fed through, slight tug in opposite direction sets strain relief for cable. If cable is removed at later time, hole can be completely sealed off using strain relief indicator. Unit meets both RoHS standards and UL class VO for fire protection. |
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Companies Address Ethics and Compliance Risks |
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Written by Administrator
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Thursday, 23 October 2008 06:59 |
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Demand for more ethical business processes and actions continues to grow at a quick clip. Yet numerous challenges remain, a new report says. As organizations continue to develop codes of conduct that promote ethical and responsible decision making, many are also establishing compliance and ethics programs to minimize the risk that the firm steps outside of ethical and legal boundaries. "Governments around the world strengthen their collaboration to legislate and enforce a stricter set of rules regulating many facets of business conduct at a global level," states a study last month from corporate ethics consultant LRN (free registration required). "Faced with this surge of new regulatory compliance demands, as well as fresh ethical challenges posed by a more complex and global business environment, companies attempted to make necessary adjustments. 2007 brought with it new challenges to the business world and important lessons." |
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Last Updated ( Thursday, 23 October 2008 07:13 )
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Exhaust Hose Reels are spring retractable |
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Written by Administrator
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Thursday, 02 October 2008 21:22 |
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Able to store lengths of large diameter exhaust hose, A500 Series exhaust reels divert hazardous carbon monoxide gasses away from workplace. They feature latching mechanism that maintains desired working length of hose, and 2 industrial strength carbon drive springs to ensure that hose retracts every time. Each component is individually powder coated, providing resistance against environment. |
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