1.DEFINE ERP? 1. ERP is an acronym for Enterprise Resource Planning. ERP is a software system driven process of managing all resources‚ and their use‚ in an enterprise in a coordinated manner. 2. “ERP is a set of integrated business applications‚ or modules which carry out business functions.” 3. ERP utilizes ERP software applications to improve the performance of organizations’ resource planning‚ management control and operational control. 4. ERP software is multi-module application
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Elasticity is a measure of responsiveness. It shows us how much something changes when there is another change in one of the other variables that determines it. There are three elasticities of demand that we consider‚ price elasticity of demand (PED)‚ income elasticity of demand (YED) and cross elasticity of demand (XED). An important aspect of a product’s demand curve is how much the quantity demanded changes when price is changed. The economic measure of this response in the price elasticity
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LEARNING SCHOOL OF THOUGHT Origins of the Learning School This school of thought views strategy formulation as a process that is emergent in nature-a dynamic process that depends on the trends of times that come and go. The school actually relies on the history of the organization and the industry in which it lies in the formulation of its strategies (Mintzberg et al‚ 2005). Therefore‚ the method is analytical to some extent. Key to the learning school is its foundation in description rather
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Pollution is defined as undesirable change in physical‚chemical $ biological changes in our water‚air‚ $ noise. It can be natural or man-maid.the agents that causes such changes are termed as pollutants I INTRODUCTION Pollution‚ contamination of the environment by man-made substances or energy that haveadverse effects on living or non-living matter. This contamination of air‚ water‚ or soil materialsinterferes with human health‚ the quality of life‚ or the natural functioning of ecosystems. Insimple
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Guidelines for Project and marking: Guidelines for Project and marking: - One project is suggested for this course. - Either one student or two students must provide a report on the following topic: Compare between two institutions policies (at least one is Qatari) in any field/sector with respect to the decision making process of only one function of HRM. - This assignment will assess students’ abilities to explore based on own understandings of HR functions. - These reports (hard copy
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DEPARTMENT OF MANAGEMENT AND MARKETING Macroeconomic Assignment Topic: Inflation in the economy and selected measures against inflation TABLE OF CONTENT 1. OVERVIEW OF ECONOMIC PERFORMANCE IN VIETNAM Vietnam joined the World Trade Organization in January 2007 and transformed from a heavily indebted country to a low middle income one in 2010. After opening up the country’s economy to foreign investors‚ its GDP grew by 7.3% on average from 2001 to 2010
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Problems Identified and Underlying Causes There are three major problems identified in the Trophy Project case study: i) Organisational problems ii) Management and Leadership problems iii) Project Management problems i) Organisational Problems Although there are signs that the company has a matrix structure in place‚ they do not follow a programme management approach and numerous failures within the structure exist. Their approach to management is still that of a traditional organisational
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Seven Steps to Measure Supplier Performance Introduction: The aim of the supplier assessment tool is to estimate the total quality environment of the supplier. Measuring supplier performance is an important purchasing tool. Organizations have attempted to measure supplier performance in a number of ways as a part of their quality management program‚ based on customer requests‚ or as part of the effort to manage supply chain risk. Companies who evaluate their suppliers find that they have better
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rage. Have you ever been behind that annoying slow driving “Sunday driver” when you’re in a hurry? The feeling you may feel are a result of road rage. Another example of road rage is when your stopped at a stop sign and you are not paying close attention to what’s going on and the guy behind you is in a hurry and he beeps the horn and you instantly throw your hands in the air and give him the finger. All of these are the resulting cause of road rage. Every day there is road rage on the road. Forty
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of the topic which is “Recruitment and Selection Process of Sales Person in Aarong”. The report will critically analyze the recruitment process and then the selection process of the “Sales Person” who are actually the sales people of Aarong providing the discussion of all the steps in details. 1.1. Objective: The main objective of this report is to provide a brief summary of Aarong as the organization and analyze its process of recruitment and selection for their employees in the position of
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