the ratio of the change in output to the change in inputs used in the production process. Productivity measures how well the quantities of inputs transform into outputs. The productivity increases with the variety of input changes such as, in the case of airlines, more aircrafts or larger and faster aircrafts. The Indian Aviation Industry since deregulation had went through a substantial changes starting from 1991. The dynamic atmosphere stimulated by the augmented competition from new firms called
INTRODUCTION 1.1 Background Growth is essential for a healthy sustenance and survival of any firm in this competitive world. There are two growth routes available to any company: - organic and inorganic. The Theory of the Firm’s Growth Penrose states that the growth rate of the firm will decline with its age. Organic growth beyond certain size or age is a big challenge and hence inorganic growth gains significance. Inorganic growth means growing through mergers and acquisitions. The inorganic growth
explains the stages involves in the decision process of multiple regression analysis. This module also focuses on the calculating the regression with the help of dependent and independent variables with the related examples. Throughout the study of this module, students would be able to develop
When the consumers see that the product attributes of luxury brands and that of counterfeit products are somehow closely similar they are likely to buy counterfeits where the financial risk is also low. However, another study shows that luxury brands are not concerned about the availability of counterfeits in the market (Wiedmann and Hennigs 2013). Since, they believe that the availability of counterfeits does not make the luxury brands less desirable in fact they helps