Venezuelan exports can be expected to head further north

The revenue earned through sale and usage of oil is being used to grow industries like food processing and manufacturing of construction materials, textiles, chemicals and automobiles. Of late, these industries are turning into booming sectors for the country. With Latin American economies going strong, Venezuela, which is the strongest economy of South America, is definitely expected to grow and diversify. On the exports front, Venezuela is the largest foreign exporter of oil to the US, besides having other trading partners like Germany, Japan & Netherlands. While petroleum, aluminium, steel, chemical products, iron ore, plastics, cement & paper products are major export items, machinery & transport equipment, manufactured goods and construction materials are major items of import. Being a partner in Mercusor (trading bloc of Latin America), Venezuelan exports can be expected to head further north.

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Source:- IIPM Editorial

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Douglas Engelbart

There are few men who are known for their technological proficiency and there are others who are known for their futuristic vision. But there are very few people like Douglas Engelbart, who are known for both. He is the man who revolutionised the computer industry by augmenting human intellect, and in the process, became the inventor of the pointing device of rodent likeness – the mouse. He was a man who talked about using the computers for online conferencing way back in 1960s; and though it is ubiquitous now, it was unfathomable then. His unfailing love for technology not only led to the invention of mouse, but also made him the inventor of hypermedia, groupware, cross fi le editing, outline processing and display editing amongst many others.

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Jet’s costs look to be spiraling out of control

Moreover, Jet’s costs look to be spiraling out of control. To control the negative externalities, it should have operated aircraft s from the same stable (instead of using ATRs, Boeing 737s and Airbus 330s & 340s), which would help reduce operating costs. Hence, it should now focus on roping in ‘common-family’ aircraft s and leasing or selling out the rest.

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Expansions and new launches galore...

So what was needed was an increase in marketing efforts and the company seems to be doing just that. As Hemendra Mathur, Associate Director, Rabo India Finance, thumps optimistically, “Food companies like Britannia will acquire unorganized companies to expand in newer potential areas.” So, if Britannia’s buying a 50% stake in the Bangalore- based Daily Bread came as a surprise to any, it can all be attributed o its vigorous inorganic expansion strategy. But equally vital is t h e strengthening of its product portfolio. Reasons, Samarjit Singh, Managing Director of Candid Marketing, “In case of low involvement products like FMCG, variety makes it easier to capture the market.” As if paying heed to this reasoning, Britannia is now undertaking a lot of new launches (like Marie Gold Double with new flavour, pop-able pouch-biscuits, rusks, cup cakes, et al) and innovative repackaging.

Certainly, this baker knows what novelty and expansion means to his business!

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Source:- IIPM Editorial

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