Mumbai Dabbawala Case Study And Sucess Story

You might already be familiar with today’s tale, but some stories are too inspiring not to share again. This case study on Mumbai dabbawala delves into the fascinating world of these men who, in the bustling city of Bombay, ensure that a ‘dabba’—a simple lunch box—becomes the most important part of a corporate employee’s day. They are responsible for collecting, organizing, and transporting these tiffins between homes and workplaces with remarkable precision. Originating during British rule in the 19th century, this concept was pioneered by MAHADEO HAVAJI and has since become a symbol of Mumbai’s culture and reliability.

Who Was Mahadeo Havaji?

In the late 1800s when people used to relocate to Bombay from different cities for work, they found that there was a lack of proper hygienic food. Everyone kind of missed their home-cooked food. So, here comes in picture of the hardest working and dedicated, Mahadeo Havaji. He started delivering lunch boxes and hired about 100 people for this and his business soon started growing.

Around 50% of dabbawallas at that time were uneducated or 2nd-grade drop out of school. A charitable trust named “Nutan Mumbai Tiffin Box Suppliers Trust” was established in the year 1956. It was also registered as a commercial organisation in the year 1968 as the Mumbai Tiffin Box Suppliers Association. It was headed by Raghunath Medge.

Background Of Dabbawalas

These tiffin providers were responsible for carrying lunch boxes from the homes of employees to their workplaces. This service has been in operation for over a century, and it involves thousands of lunchbox deliveries every day. You must have come across the word Six Sigma while reading about dabbawalla stories.

Now what six sigma is? Let’s understand Six Sigma in detail. Six Sigma is a quality control method that was launched in the year 1984 by Motorola engineer Bill Smith. The main objective of this method is to reduce the number of faults in a company’s product with only 3.4 defects per million opportunities so that the income and profit margins of the company can be increased along with the satisfaction of the consumer. To summarize, work faster with fewer mistakes.

There are two methods for Six Sigma, one is for existing businesses and the other one is for new products or services that a company wants to launch.

FOR EXISTING BUSINESSES

2. FOR NEW BUSINESSES

The concept of Six Sigma can be implemented not only in companies with big organisational structures with skilled people but also in small businesses.

How This Was Implemented In The Dabbawala Business

Approximately 2 lakh tiffin are delivered daily by this popular tiffin service provider of Bombay and with 100% accuracy without any error. You must be shocked that, is this even possible.

So Dabbawallas picks up the tiffin from the residence of the respective customer and brings it to Andheri station. All the dabbas are then transported via train to their final destinations. Dabbas are then unloaded sorted and finally delivered to the customers. Empty Dabbas are then recollected at the later part of the day and are again transported to their substations at which they were initially unloaded. Then they are again transported to their original destination from where they were picked up and are finally returned to the customer by the evening. This complete process is repeated every day and the fun fact is that a specific time and spot is pre-decided for all the pickup, loading, unloading, and drop tasks.

For our reader’s convenience and a better idea of the whole process let’s explain this with the help of a flow chart.

By now you must have got an idea about the daily working of the dabbawalla business. Their main motive is to improve the process and methods to minimise the error.

Dabbawalla adopted colour coding for their lunch-box i.e., there are different colours imprinted on the boxes. Yellow colour for the street code of the residential station, orange colour for the substations at which the boxes are dropped, and red colour is for the destination code including floor numbers and building numbers and this is how Six Sigma was implemented in Dabbawalla business.

REWARDS AND RECOGNITIONS

The Mumbai Dabbawallas have received numerous rewards, and recognition for their exceptional service and efficient lunchbox delivery system. Some of the awards and recognition they have received include

Six Sigma Certification: The Dabbawallas have been certified as a Six Sigma organization for their remarkable accuracy and efficiency in delivering lunchboxes.
Prince Charles’ Visit: In 2003, Prince Charles of the United Kingdom visited Mumbai and met dabbawallas to learn about their journey.
ISO Certification: The Mumbai Dabbawallas received ISO 9001:2000 certification for quality management.
Recognition by Harvard Business School: Harvard Business School conducted a case study on the dabbawallas, which further raised their global recognition
Featured in Documentaries and Books: The dabbawallas’ unique system has been featured in several documentaries and books.
Apart from this, Dabbawallas have also been invited to speak at various international events and conferences.
The Indian government has recognized the Mumbai Dabbawallas for their contribution to providing employment opportunities to many individuals.
The dabbawallas have received attention from global media, including newspapers, television channels, and magazines, which has helped promote their work internationally.
Various business and industry associations have presented awards to the dabbawallas for their outstanding work in the field of logistics and supply chain management.
Social and Cultural Recognition: The dabbawalla plays an important role in Mumbai’s social and cultural fabric. They are often invited to participate in local events and festivals, where they are recognized and celebrated.

Must read unveils the truth of the Satyam Scam

Conclusion

These rewards and recognitions highlight Mumbai Dabbawalla’s dedication, commitment, and the extraordinary accuracy of their lunchbox delivery system, which has become an inspiration for businesses and organizations around the world.

See you in the next blog, until then don’t forget to share your thoughts on our today’s newsletter. By the time do not forget to share this article on WhatsApp, LinkedIn & X (formerly Twitter).

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FAQs (Frequently Asked Questions)

Who founded Dabbawala?
Dabbawala was founded by Mahadeo Havaji.
What was the main objective for starting Dabbawala?
The main objective was to provide home-cooked food to people at their workplaces.
What is Six Sigma?
Six Sigma is a quality control method that is used by businesses to make it cost-effective and errorless
Who founded Six Sigma?
Six Sigma was founded by Motorola.

Satyam Scam Case Study: Know The Story Indians

In today’s blog, we will explain how an IT company committed the biggest fraud of all time. The story was backed up in 2009 when the owner of an IT company came up front in the media and exposed himself.

The Information and Technology Industry is the industry that works on the model based on collecting, processing, distribution & use of Information. Also, there are few IT companies involved in the design, manufacturing & marketing of hardware such as processors, networking equipment and storage devices. One such tech company was Satyam Computers.

About Satyam Computers

Satyam Computer Ltd was started in 1987 in Hyderabad by two brothers, Rama Raju and Ramalinga Raju. The company started its working with 20 employees offering IT and BPO services.

The success enabled the company to list itself through Initial Public Offering (IPO) in the year 1991 on the Bombay Stock Exchange. After listing Satyam got its first major client. This further allowed the business to grow and it soon became one of the top software-exporting IT companies in the market after TCS, Wipro, and Infosys.

We will give our readers a summary of the Satyam Scandal that shocked India’s corporate world in 2009.

We will be focusing on the below-mentioned points-

Ramalinga Raju, founder, and CEO of Satyam Computers, a Hyderabad-based software Company had accepted faking and changing company financials for years in 2009.
In February 2009, the Central Bureau of Investigation took charge of the investigation and filed three charge sheets against the company.
The company was then removed from the Indian stock exchanges NSE & BSE.
A new board of directors was formed after the intervention of the government.
The company was then acquired by one of the IT giants, Tech Mahindra and Satyam Computers was renamed Mahindra Satyam. All the operational activities of the company were brought to a close.
A total of ten people were found guilty and convicted. All of them including Raju were sentenced to 7 years of imprisonment. Raju and his brother were penalised with a heavy amount of Rs 5.5 crore each.

Having known some highlights of the scandal let’s dig deep into what happened in 2009.

Series Of Events In The Satyam Computers Scam

1987 – The company got incorporated & started its working in Hyderabad.
1991 – The company listed itself on the Bombay Stock Exchange.
2001 – The company was listed on the New York Stock Exchange.
2008 – Satyam Computer acquired 100% stakes in 2 companies owned by Ramalinga Raju’s son.
The deal of acquisition was cancelled by the shareholders in less than a day.
Due to the withdrawal of the deal, the share price of Satyam Computer fell around 55% on the same day on the New York Stock Exchange.
2008 – In the same month company was also stopped from continuing its business with the World Bank.
2009 – Ramalinga Raju resigned after admitting that he misrepresented the company’s financials. He claimed that the company’s cash and bank accounts on the balance sheet were shown way more than the actual amount.

Satyam was trying to guarantee its clients and investors that it could keep the firm operational. However, U.S.-based law firms filed a case against Satyam Computers on behalf of its U.S.-based clients. Finally, the Indian Government took a decision to step in and appointed 3 persons to the Board of Directors thereby forming a new board in order to save the company.

Now, our readers must be thinking why Satyam’s Raju all of a sudden out of nowhere came forward and took a decision to expose himself!

The Satyam Computer scam was one of the most destructive events in the history of Indian tech companies. Mr Raju decided to confess instead of running away because there was a sharp fall in real estate properties he owned and his personal finances as well. Hence, he was left with no other option and was finally arrested and charged with criminal conspiracy, breach of trust, and cheating.

We updated our readers about the company, what the scam was, year-wise events of the scam and why Raju confessed, what’s left is, in the series of events how Raju and the auditors misrepresented the data, what all they did to show the good picture.

The Role Of Raju

The role of Raju was that he knowingly showed overvalued and fake assets that never existed which was around 1.47 billion dollars. He faked various bank statements for many years. Not only this but also, but he also created fake customer and employee identities and showed fake invoices and salaries in their names. Mr Raju transferred the company’s funds to other companies that he owned and also used the same for his personal benefits. Price Water House Coopers (PwC), a global auditing company, has been auditing Satyam’s records for many years. Satyam paid almost double the amount that any company would ever pay for auditing.

The matter was finally discovered when one of the independent directors received an email from a whistle-blower and he forwarded the mail to S. Gopalakrishnan, who was a partner in the auditing company PWC.

Steps Taken By The Government

After this unfortunate event, the Indian government took some significant steps to avoid further scams like Satyam Computers. The then existing Company’s Act 1956 was removed and the new Companies Act 2013 was introduced and implemented. To brief the law stated that the director of every company should be changed after every 5 years. The government also formed a regulatory body (SERIOUS FRAUD INVESTIGATION OFFICE) The only objective of which was to look into business and accounting fraud activities in India.

Read Also: BluSmart Shutdown & Gensol Scam

Conclusion

That’s all for today. Wrapping up our blog here and ending our reader’s curiosity that after all the mess that happened in 2009 what actually happened to the company?

As a result, Satyam Computers was acquired by Tech Mahindra. The IT giant bought an almost 51% stake in Raju’s company and renamed it “Mahindra Satyam.” Later, in June 2013, Mahindra Satyam merged into Tech Mahindra thereby, bidding final goodbye to all the baddoings and immoral behaviour. The Satyam scam served as a wake-up call for India’s business sector.

See you in the next blog, until then don’t forget to share your thoughts on our today’s newsletter.

By the time do not forget to share this article on WhatsApp, LinkedIn & X (formerly Twitter).

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FAQs (Frequently Asked Questions)

When did the Satyam computer scam happen?
The Satyam scam happened in the year 2009.
What happened to Satyam computers?
It was later acquired by Tech Mahindra and was renamed Mahindra Satyam.
Who was the main culprit behind the Satyam scam?
The main person behind the Satyam scam was Mr Raju, founder and chairman of the company
How the scam was identified?
A whistle-blower mailed the independent directors about the two companies that Satyam Computers was planning to buy. (For our Reader’s reference whistle-blower is a person who informs about fraudulent activities)
Was Satyam computers listed on the New York Stock Exchange?
Yes, it was listed on the New York Stock Exchange.

September 28, 2023

All about AMUL

Amul is an Indian milk cooperative society based out of Gujarat. It is under the ownership of Gujarat Cooperative Milk Marketing Federation Limited, Department of Cooperation, Government of Gujarat. Today, it is controlled by 3.6 million milk producers. Mr. Tribhuvandas Kishibhai Patel laid the foundation of Amul in 1946. Later, Verghese Kurien joined Mr. Patel as the general manager to manage and assist the marketing and technical department of the cooperative. After Mr Patel died in 1990, Kurien became the chairman of Amul and the face of its success.

History of Amul

The main motive behind the commencement of Amul was not profit-making but a fight against the exploitation of Polson towards the Dairy farmers. Polson is the name of a dairy products brand that was started in India by Pestonjee Eduljee in 1915 in Mumbai. Dairy farmers of Kaira, along with Mr Tribhuvandas Kishibhai Patel, went up to Sardar Vallabhbhai Patel to get a solution for the exploitation they were facing by Polson because the prices of the milk were fixed arbitrarily by the Giant, making it very hard for the Dairy farmers to make ends meet. Sardar Vallabhbhai Patel advised the farmers to form a cooperative and sent Morarji Desai to organize the farmers.

After a meeting in Chaklasi, the farmers formed the cooperative and decentralised the whole milk pooling system. Most of the farmers were only able to provide 1-2 litres of milk daily. They were the ones who most benefited from the formation of the cooperative. Later, this cooperative was named AMUL (Anand Milk Union Limited) under the leadership of Mr.Tribhuvandas Kishibhai Patel.

Seeing the success of Amul in the Anand district, neighbouring districts of Mehsana, Banaskantha, Baroda, Sabarkantha, and Surat were set up with similar cooperatives, and this was sometimes described as the Anand Pattern.

White revolution & AMUL

White Revolution popularly, known as Operation Flood, was a government-led initiative with the Spearhead cooperative Amul. The main aim of the revolution was to increase the milk production in the country. Indeed, it was a significant success for India, since India ended up being the top producer of milk and milk products in India. In 1973, an apex body called the Gujarat Co-operative Milk Marketing Federation Ltd was set up to facilitate the marketing of these district cooperatives. The world’s biggest dairy development program, led by Dr. Verghese Kurien. ‘Operation Flood’, as it is otherwise known, transformed the dairy-deficient nation into the global leader in milk production. For the millions living in rural India, milk farming became the largest source of employment and income.

During the 1960’s India had the highest cattle population, & yet India stands among the lowest milk producers in the world. Between 1961 and 1970, the nation had to be dependent on imports to fulfil their dairy needs. The idea behind the white revolution was simple, eliminate the middle man, directly connecting the consumers with the dairy farmers. When farmers were getting a better price for their product they felt incentivized. Hence, they were willing to increase the production of milk, and other milk products. With the combined success of Amul and the white revolution, Mr. Verghese Kurien went on to be called as the milkman of India. The dairy engineering graduate transformed a dusty little town in Gujarat into the milk capital of India.

5 Key Factors That Led to the Success of Amul

1. Amul Girl

Utterly, buttery, delicious! I bet almost all of us have heard this jiggle at least once in our lives. Or have noticed that vivacious little girl on the packs of Amul butter? She became the ultimate advertising mascot for Amul to date. Amul has smartly used the girl mascot to advertise their brand associating it with humour and and how children like everything with butter. Hands down, even today, it is still remembered as one of the best marketing campaigns.

2. Decoding the Whole Supply Chain

One of the main and biggest reasons for Amul’s success was that they managed the whole supply chain of milk production so efficiently. Starting from the pooling of milk from various small dairy farmers to supplying it to the end consumer. Amul follows a three-tier cooperative structure which consists of a dairy cooperative society at the village level that is affiliated with milk unions at the district level, which in turn is federated to a milk federation at the state level. Milk is collected at the village dairy society, procured and processed at the district milk union and marketed at the state milk federation.

3. Constant Innovation

Today Amul has over 2000+ products under its brand name. Started just as a milk cooperative is today the biggest gaint in the milk and dairy product segment. And it’s not just about its product line but also its marketing campaigns and strategies. Their most recent social media campaign #BEMOREMILK is gaining popularity immensely.

4. Diversification

With daily constant efforts, Amul managed to carter every dairy-related segment. Making products for the needs of the kids, men, women, health conscious & taste conscious. You name it & they have it. Through consistent efforts, Amul has managed to have a diversified portfolio in terms of products & it is very hard for any new player to enter the market.

5. Trust Building

By delivering the best quality products at low rates, Amul has built trust and brand loyalty among its target market. Also, a fact to notice is that Amul was the first company to offer condensed milk at affordable prices and made a significant mark among the lower-income group.

Business Model of Amul

So Amul follows a three-tier business model to provide milk to us. The first tier is the village dairy cooperative society, next is the district milk unions & then there is the state milk federation.

Village Dairy Cooperative Society

This is the lower and the first tier of the business model of Amul. Here, local daily farmers come and pool their milk. Depending upon the quality of milk, it is segregated and accordingly is supplied ahead to the next tier i.e. district Milk unions.

District Milk Unions

The milk is then brought to the district milk union centres for processing and packaging. Here the quality of the milk is checked and tested, whether it is fit to be delivered to the market or not. Then the milk is graded depending on its properties like fat concentration, water concentration, nutritional value etc.

State Milk Federation

This is the last and the final stage of milk production. Here, the packaged milk arrives, which is distributed to the suppliers for supplying it to the retailers. Here the manufacturing of the other dairy products takes place. And the final product is delivered to the market.

4P’s of Amul Marketing Strategy

1. Product Mix

Amul offers a wide range of products to its customers making it a trustworthy brand among consumers. The cheese and the ice cream segment of the amul are their cash cows. Contributing a significant share in the revenue of the business. Also Amul Ice Cream is among the top 10 ice cream brands in India. Recently amul has also entered the chocolates and lactose-free dairy product segment to cater for the needs of the changing India.

2. Price Mix

The pricing strategies of Amul include a combination of competitive and low-cost pricing. Amul began with the vision to provide the best quality dairy products at affordable prices. The pricing of different products is taken into account by different factors such as the price of raw materials, labour cost, farmer’s profit, transportation cost and storage costs.
Amul is pursuing a low-cost strategy for products commonly used like milk, ghee, butter and so on, where they offer these products at a lower price than their competitors. For products like Amulspray, Prolite, condensed milk and more the company adheres to a competitive pricing strategy, where the price of these products is similar to their competitors.

3. Promotion Mix

Amul is one of the few cooperatives that consistently deliver memorable brand promotions to the audience leaving a long-lasting impact. Like the world-famous Amul girl designed by Mr. Eustace Fernandes or the jingles like utterly buttery delicious Amul! And their iconic tagline the taste of India. The way Amul incorporates the humour of the cartoons in delivering heartfelt messages is commendable.

Their recent cartoon tweet to celebrate the success of Pathan a Shah Rukh film was also catchy.

4. Place Mix

Amul distribution channel takes place through 2 mediums. First is the procurement of the milk. Farmers provide milk to cooperatives, and milk is gathered in bulk and transported to the processing plant. That milk is used to produce the final goods at the production plant. The second channel is In charge of getting the finished product to the end-users. Carrying and forwarding agencies, distributors, dealers, and retailers are all part of the distribution chain.

Sustainability Practices

After its success in the dairy industry, Amul has recently focused on green energy initiatives. Some of its efforts to promote sustainability are:

In 2023, Amul announced that the cooperative has been working towards building a circular economy that will feature the collection of dung from farmers and convert it into biogas, which can be used as a fuel for cooking, automobiles, etc. Moreover, the leftovers from the biogas manufacturing can be used as natural fertilizers, thereby promoting organic farming practices.
3.6 million dairy farmers in Gujarat have been actively participating in the tree plantation campaigns and have planted more than 733 lakh trees between 2007 and 2019. The most amazing feature of the campaign was that it was not limited to the planting of the sapling; rather, the farmer who planted it took responsibility for the tree sapling until it grew into a tree.

Conclusion

Amul’s success story is a testament to the power of cooperative entrepreneurship and innovation. From its humble beginnings as a dairy cooperative in Gujarat to becoming a global leader in dairy products, Amul has revolutionized the industry. Through its efficient supply chain, diverse product range, impactful marketing, and sustainable practices, Amul continues to thrive, benefiting millions of farmers and consumers alike.

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FAQs (Frequently Asked Questions)

What is the full form of AMUL?
AMUL stands for Anand Milk Union Limited.
Who is the owner of Amul?
Amul is cooperative and is not owned by any single person.
Which state is associated with Amul?
Amul is a cooperative in association with the Gujarat Government.
Is Amul an Indian Brand?
Yes, Amul is an Indian brand.
How many products does Amul have?
Amul has roughly 2,000 products under its brand name.

How to invest like Warren Buffett and Charlie Munger?

Investing in the stock market can be a daunting task. People who do not understand investing or the stock markets associate investing in the stock market with gambling. But having the insights of legends like Warren Buffet and Charlie Munger could be a relief. Warren Buffet and Charlie Munger are the iconic duo behind the success of Berkshire Hathway. Both are famous for their unique yet simple style of investing which has resulted in remarkable success.
So we have listed down seven tips or the ideologies followed by these legendary investors.

1. Having a long-term vision:

Warren Buffet always used to say that never invest in companies whose business you do not understand. There is this famous quote that goes like, “Invest in a wonderful company at a fair price than in a fair company at a wonderful price”.
It means that you should not buy the stock of a company just because you are getting it for cheap. Rather invest in a company that you believe in, understand its business, and has strong fundamentals with competitive management.
They say that think like a business owner and not a stakeholder. This mindset encourages you to focus on long-term value creation, aligning your interest with the company’s success. It also discourages short-term trading which often results in losses.

2. Competitive advantage:

The Buffet and Munger duo stresses investing in companies that have a competitive advantage in the market. Identify the company that stands out of the crowd. It could be anything, be it their business model, marketing strategies or technological proprietary. A company with a durable competitive advantage often results in consistent profits, making it an attractive investment opportunity.

Let’s try to understand this with the help of a real-world example. The differentiating factor for the retail giant Walmart is the lowest possible prices of the products they offer, which they have achieved through economies of scale. This is the competitive advantage in the case of Walmart that sets it aside from its competitors in the retail and wholesale business segments.

3. Know your business:

4. Patience is the key:

Patience is the most important ingredient in the recipe for investing. Trust me there is nothing called as overnight success or the get-quick-rich scheme. To see exceptional results in the stock market you need to have patience because great things are not built in one night.
Legendary investors like Warren Buffet and Charlie Munger are known for their patience and waiting for the right investment opportunities.

5. Value Investing:

Value investing refers to investing in the stock market when others are leaving. Buying the stocks of Underappreciated companies with strong fundamentals, and a simple enough business model for you to understand. The same strategy that helped Warren Buffet accumulate such great wealth.
Always try to invest in businesses and companies in your competence circle. Investing in companies whose business you do not understand or you are unfamiliar with can result in horrendous decision-making.

6. Margin of Safety:

This is a principle of investing wherein an investor purchases securities only when their market price is significantly below their intrinsic value. Intrinsic value is the anticipated value of any stock. Based on certain parameters the IV of any stock is computed. Taking into consideration both tangible and intangible factors.

Intrinsic value= Future cash flows(1+ discount rate)#of periods

It is very complicated to calculate the intrinsic value of any stock manually, and individuals can use the stock screeners available online to get the correct IV for any stock.

If IV>current market price then the share is considered to be undervalued.
If IV<current market price then the share is considered to be overvalued.
If IV is almost equal to the market price of the share then we can say that the stock is fairly valued.

Remember, the market swings wildly from day to day and presents large changes in valuation over periods of euphoria and pessimism.

7. Learn from your mistake:

It is not like, that great investors like Warren Buffet and Charlie Munger do not lose money in the market. But the only thing that sets them apart from other investors is that they learn from their mistakes. They acknowledge their errors and view them as learning opportunities. Understand that learning is a continuous and never-ending process and there is no bigger fool than a person who thinks that they know it all.

Conclusion

So, concluding the above article we can say that reciprocating the investing style of Warren Buffet and Charlie Munger requires great discipline and patience. Having a long-term vision, and investing in the companies whose business you understand within the circle of your competence can fetch you the same results that you want.

FAQs (Frequently Asked Questions)

What is the stock market?
The stock market also known as the equity or the financial markets is an aggregation of buyers and sellers of financial securities. A person putting his/her money in the stock market could be a trader or an investor. There is no hard and fast rule to distinguish between the two. An investor is a person who generally holds their holding for more than a period of six months, on the other hand, a trader is someone who does not hold the securities for long.
How did Warren Buffet accumulate his wealth?
Warren Buffet has made a massive fortune by investing in the stock market. He has told in one of his interviews that he started his investing journey at the age of 11. Also, Warren Buffet owns the company Berkshire Hathaway which is an American multinational conglomerate holding company.
Are Warren Buffet and Charlie Munger related?
Charles Thomas Munger is the vice chairman of the American conglomerate Berkshire Hathaway. Whereas, Buffet is the chairman of the company and also the largest stakeholder. Buffet has described Munger as one of his closest friends.

August 29, 2023

Category: Case Study

Mumbai Dabbawala Case Study And Sucess Story

Who Was Mahadeo Havaji?

Background Of Dabbawalas

How This Was Implemented In The Dabbawala Business

REWARDS AND RECOGNITIONS

Conclusion

FAQs (Frequently Asked Questions)

Who founded Dabbawala?

What was the main objective for starting Dabbawala?

What is Six Sigma?

Who founded Six Sigma?

Satyam Scam Case Study: Know The Story Indians

About Satyam Computers

Series Of Events In The Satyam Computers Scam

The Role Of Raju

Steps Taken By The Government

Conclusion

FAQs (Frequently Asked Questions)

When did the Satyam computer scam happen?

What happened to Satyam computers?

Who was the main culprit behind the Satyam scam?

How the scam was identified?

Was Satyam computers listed on the New York Stock Exchange?

Amul Case Study, Business Model, And Marketing Strategy

All about AMUL

History of Amul

White revolution & AMUL

5 Key Factors That Led to the Success of Amul

1. Amul Girl

2. Decoding the Whole Supply Chain

3. Constant Innovation

4. Diversification

5. Trust Building

Business Model of Amul

Village Dairy Cooperative Society

District Milk Unions

State Milk Federation

4P’s of Amul Marketing Strategy

1. Product Mix

2. Price Mix

3. Promotion Mix

4. Place Mix

Sustainability Practices

Conclusion

FAQs (Frequently Asked Questions)

What is the full form of AMUL?

Who is the owner of Amul?

Which state is associated with Amul?

Is Amul an Indian Brand?

How many products does Amul have?

How to invest like Warren Buffett and Charlie Munger?

1. Having a long-term vision:

2. Competitive advantage:

3. Know your business:

4. Patience is the key:

5. Value Investing:

6. Margin of Safety:

7. Learn from your mistake:

Conclusion

FAQs (Frequently Asked Questions)

What is the stock market?

How did Warren Buffet accumulate his wealth?

Are Warren Buffet and Charlie Munger related?

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