Life insurance can be used by business to accomplish a lot of different needs. Unemployment has hit African continent had for the past years. The unemployed are ready to take any action that will fetch them money irrespective of whether it involves corrupt practices or not. In offices, people are ready to give bribes to the staff working under the employer just for them to secure jobs at the end of interviews. When these job seekers offer bribes that are how they will continue to collect from others who will be coming for employment into their companies for the coming years. Because of this, it becomes a tradition in the office and gives birth to other forms of corrupt practices. Subsidiaries operate independently of one another in establishing marketing objectives and plans. The domestic market and each of the country markets have separate marketing mixes with little interaction among them. Products are adapted for each market with minimum coordination with other country markets, advertising campaigns are localized as are the pricing and distribution decisions.
3. Commitment – A strong and un-deniable commitment to your team of followers is crucial. Individuals feel that sense of dedication and commitment to seeing them succeed from the one specific leader that they are looking to for success and if for some odd reason that confidence and feeling of security goes missing, so will the individual and, make no mistake about it, several others. They’re getting the benefits they want business plan and you’re growing your business from them purchasing the products. It’s a win-win situation. Figure 2 below (figure 2) shows Ansoff Matrix, which according to Bachmeier (2013) provides marketers with four growth strategies (market penetration, diversification, market development, and product development) which they must assess to identify the most fit for their products by assessing the risks associated with each option.
This is a business opportunity that is growing quickly. But those who start these need to have a long term plan which will take into consideration there will not always be this many foreclosures. That means that in the future they will need something else to clean or an all new business plan or even business. Common types of expenses include the cost of goods sold (COGS) Cost of Goods Sold (COGS)Cost of Goods Sold (COGS) measures the direct costâ€ incurred in the production of any goods or services. It includes material cost, direct labor cost, and direct factory overheads, and is directly proportional to revenue. As revenue increases, more resources are required to produce the goods or service. COGS is often, marketing and advertising expenses, salaries and benefits, travel, entertainment, sales commissions, rent, depreciation and amortization, interest, and taxes.
Is selling fake products in the marketplaces a corrupt practice? The true definition of corruption has it as the action of corrupting or the state of being corrupt. The word corruptâ€ implies willing to act dishonestly in return for money for personal gain. Because of unemployment that many citizens of the African continent are facing, many have indulged in the selling of fake products to the masses to maximize profits and create jobs for their relations. Hence, selling of fake products in markets is considered one of the arms of corruption. Professional competencies address domain functional subject areas and knowledge such as law, finance and accounting, human resources, information technology, program management, engineering, operations, and business development in both product-driven and service-driven industries, and the associated technical skills.