What are the objectives of business? Every business enterprise has certain objectives which regulate and generate its activities. Objectives are needed in every area where performance and results directly affect survival and prosperity of a business. Various objectives of business may be classified into four broad categories as follows: 1. Economic Objectives: Business is basically an economic activity. Therefore‚ its primary objectives are economic in nature. The main economic objectives of business
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aspect in my personality—the courage to seek the fulfillment of my objectives in an indefatigable manner. I crave for an opportunity to transcend existing boundaries‚ enhance my analytical and management skills and industrial know how in Management to gain entry into the robust Information Technology industry. I believe that the Masters program in Business Administration would be significant in helping me achieve these objectives. It would enable me to channel my quantitative and conceptual skills
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Q1. Explain the process of problem identification with an example. . Ans. The process of identifying the research problem involves the following steps: 1. Management decision problem – The entire process begins with the identification of the difficulty encountered by the Business manager. The manager might decide to conduct the study himself or gives It to a researcher agency. Thus this step requires that there must be absolute clarity About what is the purpose of getting a study done. When
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Get Answers on www.smuHelp.com ASSIGNMENT DRIVE PROGRAM SUBJECT CODE & NAME BK ID CREDITS MARKS SUMMER 2014 MBADS/ MBAFLEX/ MBAHCSN3/ MBA – SEM 3 PGDBMN/ PGDENMN/ PGDFMN/ PGDHRMN/ PGDHSMN/ PGDIB/ PGDISMN/ PGDMMN/ PGDOMN/ PGDPMN/ PGDROMN/ PGDSCMN/ PGDTQMN – SEM 1 MB0050 RESEARCH METHODOLOGY B1700 4 60 Note: Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme. Questions
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A. FIRM AND ITS OBJECTIVE: Conventional theory of firm assumes profit maximization is the sole objective of business firms. But recent researches on this issue reveal that the objectives the firms pursue are more than one. Some important objectives‚ other than profit maximization are: (a) Maximization of the sales revenue (b) Maximization of firm’s growth rate (c) Maximization of Managers utility function (d) Making satisfactory rate of Profit (e) Long run Survival of the firm (f) Entry-prevention
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THE AIB STYLE GUIDE ©Australian Institute of Business . V2Mar11 – CD:2011:10ed 0 Contents HOW TO USE THIS DOCUMENT ......................................................................................... 2 SECTION 1 - REFERENCING ................................................................................................ 2 Importance of Citing and Referencing ................................................................................... 2 AIB’s Preferred Referencing System
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vs Objective In stories‚ newspapers‚ and the spoken word‚ people all over the world are trying to convince you to think as they do. They are bombarding you with facts and figures‚ opinions and projections. It is up to you to create order within this chaos and find the patterns that will help you to understand what is true‚ what could be true‚ and what is outright false. In order to do all this‚ you need to have a firm grip on what is objective and what is subjective. Definition of Objective and
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I. MARKETING OBJECTIVES 1) We want to encourage our costumer especially the youth to enjoy eating fruits and vegetables.. 2) To give nutritious and good quality product. 3) To be good competitor in the market. II. MARKETING STRATEGIES Advertising Shabur use print media like tarpaulins for our stall that will post in the school bulletin boards. Personal selling We will promote product by informing students and we will conduct also room-to-room visit to inform them personally about our
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plan that contains objectives. There are two types of objectives‚ strategic and tactical objectives. Strategic objectives are objectives set for the long run; tactical objectives are short day-to-day objectives that the business needs to operate. Setting objectives provides a greater sense of direction for the business. So once an objective is set‚ the employees‚ owner and directors even‚ have a clear pathway and guide of what they want the business to achieve and the objective gives everyone motivation
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Strategic Management The Concept of Market Position and The Strategic Objectives Objectives The Concept of Market Position Philip Kolter Ries and Trout The Strategic Objectives Strategic Thrust Strategic Objectives Build Hold Niche Harvest Divest The Concept of Market Position by Philip Kolter Market Leader Market Challenger The firm has a relatively large share of the market‚ but a smaller share than the market leader. Market Follower The firm
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