Assignment No. 1
Below are essential elements for this type of industry research:
Type of industry; FMCG,P&G
The FMCG industry is extremely open and wide range market in terms of several factors like profitability, quality, competition and product varieties. As well it is a very demanding product that consumer is hardly abandon, may consumers go through different option and quality with different price.
Products sold quickly at relatively low cost and non durable goods like diapers, personal care and cleaning laundry products as it is essential products used every single day. For these reasons quality is a sole player in this industry that allows narrow mistakes for products due to restricted regulations implemented over this industry as it is used by the most unique creation (Humans).
This industry is perfectly challenging and competing for all which make it hard to optimize profitability, safety and quality.
Type of organization; Private Sector Company.
This kind of organization is adding a heavy burden to their responsibility of their cost consciousness and product quality which make a dilemma in compiling both factors to seek a higher level of profitability.
Research segment; office employees and middle level managers.
This industry shows a huge variation of salaries all over the market, which shows how HR department is strongly constructed in filtering and hunting sensitive position specially managers which are the focus point.
Time of research; 2008 – 2013.
This time period is comprising 2 intervals separated by two major events which is economical crises and revolution, although revolution was the turning point in all industries and starts to grow up with time however this fast dynamic phenomenon should return back to its normal statistics.
External factors such as:
Competition; with reference to statistics which shows drastically huge no. of companies entering this business day by day, the competition is growing in brutal way which make a...