The Business Management System
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The Business Management System

A Framework for International Competitiveness

This guide presents the concept of business management system (BMS) as a generic structure for managing business enterprises. It explains principles of BMS and describes BMS components and how they interact with each other. The guide also reviews various phases of the strategy cycle of business management; deals with developing business capabilities and its importance for the business and outlines the transaction cycle of business management, explaining the tasks involved and their importance in exporting business. The appendices include BMS’s failure mechanisms, a glossary of related terms, and Nomenclature of BMS.

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Positioning You do not have access to this content

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Author(s):
ITC

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Positioning is the deliberate configuration of the physical, extended and generic attributes of a product by combining quantity, quality, time and cost of production in a particular way so as to meet the needs, benefits expected, purchasing habits and occasions of the targeted segment

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