Explain why companies use distribution channels and discuss the functions these channel perform. Answer: Definition of Distribution Channel One of the company goals is to deliver their value within the network through supplier‚ distributor‚ and also customer. In delivering the value‚ organization must have and build a distribution channel because most producers do not sell their product or service directly to the consumers. Distribution channel (also called marketing channel or trade channel)
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ASSESSMENT 2 ANSWER 1: These are the five steps to build training program‚ and will increase chances of assembling an effective program. Analyze Analyzing the need‚ or performing a "needs assessment‚" is crucial in identifying the information that must be addressed in the program. This is where we ask the question‚ "What do we want our employees to get out of the program?" A great way to complete this phase is to perform a "gap analysis" by comparing current results to the desired performance.
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unknown amount: a. During October‚ Shandra Company had $97‚500 of cash receipts and $101‚250 of cash disbursements. The October 31 Cash balance was $16‚800. Determine how much cash the company had at the close of business on September 30. b. On September 30‚ Li Ming Co. had a $97‚500 balance in Accounts Receivable. During October‚ the company collected $88‚950 from its credit customers. The October 31 balance in Accounts Receivable was $100‚500. Determine the amount of sales on account that occurred
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Manage remuneration and Employee benefits BSBHRM505A By Takul Kanjanaphanichkul C63070 Part 1 Develop Organisation’s Remuneration Strategy You are HR manager in a 5* Hotel located in Melbourne CBD. The strategic and operational plans have been reviewed and updated by senior management and as a result new positions will have to be created. Remuneration packages will need to be prepared for those positions. • Conference Manager • Sales Executive-business market segment • Business Centre Coordinator
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leadership more important than management? Even though leadership and management are defined differently‚ both have similar characteristics. A leader has characteristics of a manager and the other way around. Leadership and management skills are essential for nurses. Is one more important than the other? According to Marquis and Hutson (2017)‚ “People want to make distinction and to compare and rank one as more important over the other—usually leadership over management—but it’s more a question
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Le Cirque du Soleil: How to Manage Growth September 30‚ 2009 Table of Contents Introduction 3 Strategic Management Mode 4 Recruitment Planning 4 Management of Cultural Diversity 6 Conclusion 7 Reference List 8 Introduction Cirque du Soleil enjoys excellent international recognition. Their unique style is believed to have reinvented the circus arts. Having attained an exceptional level of excellence‚ it has experienced strong growth since it was founded in 1984
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“Having more security gives us less freedom!” Thousands of people may feel like freedom is more important than security because they say when you have to much security it leaves no room for us to have freedom. Yeah‚ freedom is just as important as security but there’s plenty of reasons as to why security may be a little more important than freedom. People that understand the importance of both and understand what advantages you will have with both will see how security works and how it’s good
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Lufthansa: going Global‚ but How to Manage Complexity Patrice Williams Professor Smith Business Administration Capstone-Bus 499 June 13‚ 2010 “The type of international strategy that Lufthansa has chosen is to form an alliance. Since 1996 Lufthansa has been organized as a holding whit six business lines dissolving the once integrated corporation. Although‚ Passage is dominant‚ with approximately two thirds of the turnover‚ each division is fully responsible for its own financial
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IS EQ MORE IMPORTANT THAN IQ IS EQ MORE IMPORTANT THAN IQ INTRODUCTION: What is IQ ? What is EQ ? For decades‚ a lot emphasis has been put on certain aspect of intelligence. This intelligence is called IQ ( Intelligence Quotient ). IQ includes aspects of Mathematics‚ spatial learning‚ Verbal‚ logical reasoning‚ and memory.
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company’s competitive ability and profitability. This report will analyse the critical decisions made in the case study The Change Story of Yellow Auto Company from a sociologic decision making perspective. The case study presents four main decisions which are: increase of market share‚ change in decision management style‚ clarify job description and invest greater time and money in human resources. The analysis of these decisions centres on the relationships between employees and managers and the positive
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