of suppliers and their goods. In this way, Nokia controls the quality ofproduct from the first stage and made suppliers to deliver raw materials and components suited for Nokia’s standard. Its local purchasing size is increasing annually following the expansion of business sector.
2.2.2 OPERATIONS
Manufacturing By Orders Based On Rapid Responding And Capacity
In the industrial complex suc
of different businesses without clearly bordering the differences between industries like the developed countries has lead to businesses with identity confusions
• Goods Aspect : Clothing and accessories (Department stores and On-line shopping malls)
• Consumable goods and industrial products (Major supermarkets, On-line shopping malls)
• Beverages and daily products (Superma
a part of operating capital
EBIT
Earnings before interest and taxes
EBIT = operating income + Non-operating income
Operating income = Revenue – Operating expenses
operating expenses = Cost ofGoods Sold + Selling, general and administrative expenses
Non-operating income = business outside benefit - business outside expense
Ability to earn cash, when the depreciations are low.
organization, from communication to IT, from research into new materials to integrated logistics. Special attention is given to innovation inproduction, where all systems and equipment are totally renewed every five years. Benetton production system is co-ordinated by a high-tech facility at Castrette (Treviso), which is one of the most advanced industrial logistic complexes in the world.
2) Copenhagen and U.S Smokeless Tobacco Company
Copenhagen can be seemed as potential competitor though it is also produced by the U.S Smokeless Tobacco Company since there is probability of market cannibalization according to the reviewers. The original version, Copenhagen Snuff dates back to 1882 which makes it the oldest brand in the industry. It is a finely ground tobacco in three traditio