Keywords

Articles

Competence with enthusiasm speed up new product line up rapidly

Here is a new case study by EDAG Engineering that demonstrates how competence and enthusiasm hand in hand can speed up the process of design and preparation of new product from the very beginning to the production of 10,000 a day. The creative people and designers from automotive can do it, in particular if they are not tied up by complicated and lengthy processes, which are rather common in this...

Target group is the key to fulfilling goals

Everybody should strive to accomplish their goals – without the exception of the services and tourism sectors. How to prepare a supply of services in order to attract potential customers? How to compile a product? We will guide you through the very steps of the product compilation for your resort, hotel or guesthouse. The key to success is information – the knowledge of the target g...

Methods

Porter’s model of competitive forces

Porter’s model deals with competitive forces and rivalry on the market. Market rivalry depends on the influence and interaction among basic market forces (competition, the power of suppliers, the power of buyers, possibility of substitution). Outcome of this interaction determines the gain potential of the particular business field.

Dictionary

Quality, grade

Quality represents the aggregate of specific parameters that a particular product, service or system possesses. These parameters characterize what the product is really like and they can include, for instance, the dimensions,  data recording speed, price, etc. It is the customer supposed to be using it who decides whether a product is high-quality or not. In line with their intention (the purpose...

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