Electronic funds transfer in banking: implications for manufacturing businesses

Article Abstract:

Electronic information transmission will be a potentially large cost reduction technique over the next decade. The electronic transfer of funds by banks has proven to be an effective method of controlling cost in the banking industry and the general principle of electronic information transfer may be quite applicable to the manufacturing sector. Another potential benefit is better inventory control which can be used in times of high interest rates to reduce inventories and cut losses.

Business, Finance, Electronic funds transfer systems

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The internationalisation of the automobile industry

Article Abstract:

Throughout its history, the automobile industry has been transformed by leadership from different parts of the world, both in technological and managerial terms. A new transformation is occurring due chiefly to new design technologies including microelectronics and new production technologies including robotics. In the future, producers who have lost market share must trim capacity if they are to remain competitive.

Motor vehicles and car bodies, International aspects, Automobile industry, Commerce

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Reality and the fight for market position

Article Abstract:

current market conditions resemble a battlefield and companies must develop military-like strategies to compete effectively. Companies need to concentrate on the current task, manage by objectives,adequately judge resources required, rely on adaptability, be prepared, be creative, challenge a worthwhile enemy, avoid stagnation, concentrate on large issues, and know when to surrender.

Competition (Economics), Market share

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