to Harold Koontz‚ "Management is the art of getting things done through and with people in formally organised groups." Harold Koontz gave this definition of management in his book "The Management Theory Jungle". According to Henri Fayol‚ "To manage is to forecast and to plan‚ to organise‚ to command‚ to co-ordinate and to control." Henri Fayol gave this definition of management in his book "Industrial and General Administration" According to Peter Drucker‚ "Management is a multi-purpose organ
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Important definition of Strategic Marketing Acquisitions: Acquisitions involve one company having a controlling interest in another one. Alliances: An alliance is a longer-term partnership between two or more organizations. Alliance can be relatively loose and tactical through to strategy. A strategic alliance involves a reciprocal commitment by the various parties to longer-term collaboration which involves the mutual deployment of resources. Benchmarking: Benchmarking involves some comparison
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DEFINATION OF LIBRARY: A library is said to be a room or building where collections for books‚ records‚ and films for borrowing or research to a public or student for reference are kept for use. According to Aina a library is concerned with the collection‚ processing‚ storage‚ and dissemination of recorded information for the purpose of reading‚ studying and consultation. CATALOGUE: Catalogue is a principal guide or key that leads directly from catalogue card to the book on the
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Essay #1: Definition A lot of problems in life‚ arguments‚ and writing arise from the fact that the people involved in the discussion have a different understanding of the concept they are discussing. They think that they’re on the same page‚ talking about the same thing‚ using the same word‚ but in reality‚ they are defining the concept differently. Definitions are important not just when learning vocabulary‚ but also when you are talking about something and using it as a point of reference. Think
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Walking down an old moldy hallway with distressed stairs screaming with every step‚ there is a dimly lit doorway leading to a hunched withered old man aggressively working on a grey‚ decomposing body. This is what horror films have drilled into our heads of what a mortician is; when in reality a Mortician is not just an embalmer with the stigma of death that shadows them around. Morticians have a wide variety of undertakings; they supervise the preparations of the burial‚ arrange funerals and services
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1Definition: Direct marketing‚ marketing take place without intermediaries between manufacturing and buyer such as amazon.com Affiliate marketing‚ an arrangement whereby a marketing patner refers consumer to the selling company website such as amazon .com Transaction fees modal‚ charge a service fee based on the volume and value of transaction offered for example‚ what you pay when you buy or sell a house would be transaction fees.amazon .com Subscription fees model‚ customer pay a fixed amount
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Credit default swap: is a financial swap agreement that the seller of the CDS will compensate the buyer in the event of a loan default or other credit event. The buyer of the CDS makes a series of payments (the CDS "fee" or "spread") to the seller and‚ in exchange‚ receives a payoff if the loan defaults. In the event of default the buyer of the CDS receives compensation (usually the face value of the loan)‚ and the seller of the CDS takes possession of the defaulted loan.[1] However‚ anyone can purchase
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Communication is the transfer and understanding of meaning which means that communication occurs only if information has been conveyed. Moreover‚ communication is a process that involves exchange of information‚ thoughts‚ ideas and emotions. Communication is a process that involves a sender who sends the message‚ which is then carried via the communication channel to the receiver where the receiver decodes the message‚ processes the information and sends an appropriate reply via the same communication
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Strategic Management Introduction - “Strategic Management is the management of an organization’s overall purpose‚ to ensure that the needs and enablers of the present are balanced with those of the future.” (Witcher & Chau 2010‚ P.6) In another word‚ it is the overall management of strategy in order to match and obtain the future long-term purpose and objectives. The main application is to achieve and sustain competitive advantages to enable an organization to compete effectively with rivals which
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Strategic management is the comprehensive collection of ongoing activities and processes that organizations use to systematically coordinate and align resources and actions with mission‚ vision and strategy throughout an organization. Strategic management activities transform the static plan into a system that provides strategic performance feedback to decision making and enables the plan to evolve and grow as requirements and other circumstances change. What Are the Steps in Strategic Planning
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