Introduction P1 – Explain the ethical issues a business needs to consider in its operational activities. Definition Of Business Ethics Ethics are to do with what is right and what is wrong. Ethics plays an increasingly important role in business. A business is part of society and just as society requires a certain standard of behaviour from individuals; it also expects businesses to abide similar standards. Business ethics is therefore the application of ethical values to business behaviour
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WAREHOUSE MANAGEMENT Question 2: Discuss the strategic importance of packaging with respect to handling and customer concerns Table contents Introduction 2 The strategic on packaging with handling and customer concerns 2 1. Packaging Concerns 3 1.1 Marketing Concern 3 1.2 Product Concern 4 1.3 Legal/Regulatory Concern 4 1.4 Warehousing Concern 4 1.5 Transportation Concern 5 1.6 Environmental Concern 6 2. The Functions of Packaging 8 2.1 Protection Function/
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are more and more business organizations entering to market nowadays‚ the business is getting tighter and this hence leads to the increasingly fierce competition among organizations. These organizations have to face more challenge about workforce‚ management‚ operation‚ markets‚ or even environment. Competitive advantage is also an important factor that an organization needs to consider to survive in this competitive economy. Organizations have to use their information system intelligently about their
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Henri Fayol create? Henri Fayol (1841-1925) was a French engineer. He belongs to the Classical School of management theory and has written on and explored the idea of General Administrative Theorists. Fayol was particularly interested in authority and its implementation. He advocated a consistent set of principles that all organizations need to be run properly. Fayol emphasized five management functions: planning‚ organization‚ commanding‚ coordinating‚ and controlling. Most of these activities are
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Project Management Diploma Course Unit One Assignment 1. Show what you understand by the term “project” My understanding of the word Project is it can be defined as a package of ideas and measures to achieve completion target time period. A project is run by means of a financial budget‚ it is important to monitor your budget a regular basis to ensure confidence that you are on stable ground. A project has many resources e.g. (people‚ equipment and money)‚ without these a project is
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|management mjkhnkjbnkjnbkjnknmkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkk People management and organization behavior | Assignment 1 | | Created by d hossain | | Mintzberg role explain and evaluate | This reports aim is in task 1 to explain and evaluate mintzberg three managerial roles and task 2 to explain and evaluate how manager can develop in this exercise. Sainsbury’s was founded in 1869 .now it has more than 1000 superstore and convenience stores and
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What did the early advocates of OB contribute to our understanding of management? Four people stand out as early advocates of OB in management:- I. Robert Owen(late 1700s) - proposed a utopian workplace He also concerned about deplorable working conditions Argued that money spent improving labour was a smart investment II. Hugo Munsterberg (early 1900s) - created field of industrial psychology - suggest using psychological test for employee selection‚ learning theory concept for employee training
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should be able to: LO1-1 Describe what management is‚ why management is important‚ what managers do‚ and how managers utilize organizational resources efficiently and effectively to achieve organizational goals. LO1-2 Distinguish among planning‚ organizing‚ leading‚ and controlling (the four principal managerial tasks)‚ and explain how managers’ ability to handle each one affects organizational performance. LO1-3 Differentiate among three levels of management‚ and understand the tasks and responsibilities
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merger were achieved. If not‚ what strategy the merged entity should adopt to derive the intended benefits of the merger. The objective of this assignment is to study and analyse strategic capability of HSBC and OIB. and evaluate the change of management style after the merge of both banks. Analyses Strategic Capabilities of HSBC and OIB: OIB‚ established in year 1979‚ and in year 2012 bank agreed to merge with HSBC bank. After this merger the new bank will be most strong bank in Oman banking
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1. In what ways are elements of the classical management approaches evident at Zara? Zara used two components of the classical approaches: scientific was hire workers with the right abilities and administrative principles that states by Henri Fayol. According to Fayol’s studies‚ there are identifies five “rules” or “duties” of management in respect to foresight‚ organization‚ command‚ coordination‚ and control. Foresight‚ which is making plans for the organization‚ and Zara plan “go fast”
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