Task 1 – The aims and objectives of Tesco & Nike Aims: An aim is a goal of which a business wants to achieve. For example‚ some businesses aim to expand whilst others aim to survive. Another aim that a business can have is selling as much as possible whilst others aim to improve the quality of their products. Objective: An objective is what a business wants to achieve but more precise targets than aim. For example an objective for a business can be to sell 1000 more products than we sold
Premium Supermarket Wal-Mart
Management by objectives (MBO) Overview The essence of MBO is participative goal setting and choosing one’s course of actions. An important part of the MBO is to measure and compare the employee’s actual performance with the set standards. After defining the organizational objectives as per the yearly business plan set by the top management‚ objectives are cascaded into smaller‚ more specific goals at each level of organization (divisional‚ departmental‚ individual). The manager and his
Premium Management
Financial Management SBB Fundamentals COURSE GUIDE Leiden University Faculty of Mathematics and Natural Sciences Science Based Business Program March 2011 © 2011 All rights reserved Centre for Business Studies (CBW) Leiden University Except as allowed under Dutch Copyright Law (1912)‚ no part of this material may be reproduced or transmitted in any form‚ by any means‚ electronic or mechanical‚ including photocopying‚ recording‚ or any information storage and retrieval system
Premium Corporate finance Net present value Working capital
Unit 3 Practice (Key) Set 1 Completing dialogue B: Good morning‚ Patrick Lai speaking. A: Hi‚ Patrick‚ this is Josephine Lam. I’d like to discuss the diary arrangements for July with you. B: Sure. How can I help? A: Well‚ I’d like to ask you when the Factory Visit is. B: It’s on Tuesday‚ the 12th‚ in the morning from 8:00 to 10:00. A: OK‚ the Factory Visit is on Tuesday morning from 8:00 to 10:00‚ on the 12th. B: Yes‚ that’s correct. Josephine‚ I also need to ask you about the Interview with
Premium Week-day names Evaluation If You Have to Ask
D1: Pharmaceutical drugs D.1.1 List the effects of medicines and drugs on the functioning of the body. Drug or medicine is a substance that does one or more of the following: Alters physiological state – consciousness‚ activity level‚ coordination Alters incoming sensory experience Alters mood or emotion The active ingredients in drugs and medicines can be isolated from a plants and animals or synthesized artificially. Drugs supposed to assist human body’s
Premium Carboxylic acid Pharmacology Amino acid
Management by Objectives What is MBO? Management by Objectives (MBO) is also known or referred to as Management by Results (MBR). Management by Objectives is a process whereby the objectives in an organization are defined in order to help the management of the organization and the employees to agree on the same. The concept and the term was coined and popularized by Peter Drucker in the book‚ The Practice of Management in the year 1954. The essence of management by objectives lies in mutually
Premium Management
Research Paper: MEANING OF TOURISM DISTRIBUTION CHANNEL -is an operating structure‚ system‚ or linkage of various combinations of organizations through which a producer of travel products describes‚ sells‚ or con firms travel arrangements to the buyer. 1.2 Channels of Distribution -are similar to those of other basic industries such as agriculture or manufacturing. Their products flow to the ultimate consumer through wholesalers‚ distributors‚ and middlemen. While there
Premium Tourism Travel agency Travel
Sequencing objectives within classes and courses within curriculum is important because much of what we learn is developed through building blocks of knowledge. For example‚ in my current field‚ one must know medical terminology and anatomy and physiology in order to begin a coding class. If one does not know where the pyriform sinus is in the human body‚ one cannot assign "history of pyriform sinus cancer" the correct V-code. One would assume that since the word "sinus" is in the phrase‚ the
Premium Learning Education Skill
1) FIRM OBJECTIVES: The standard economic assumption underlying the analysis of firms is profit maximization. Real world firms‚ however‚ might not‚ and many times do not‚ make decisions based on the profit-maximization objective‚ or at least exclusively on the profit-maximization objective. Other objectives include: (1) sales maximization‚ (2) pursuit of personal welfare‚ and (3) pursuit of social welfare. Although firms are assumed to make decisions that increase profit in standard economic
Premium Profit maximization Economics
CHAPTER 1: THE THEORETICAL FRAMEWORK OF DISTRIBUTION SYSTEM AND DISTRIBUTION CHANNEL MANAGEMENT 1.1 Overview about distribution and distribution channel 1.2.1 Concept‚ roles and purpose of distribution 1.2.2.1 Distribution Distribution is the process of making a product or service available in the right quantities and locations when customers want them‚ using direct means‚ or using indirect means with intermediaries. (Willam D. Perreault) It’s a movement of goods and
Premium Marketing