ACKNOWLEDGEMENT We would like to acknowledge the Sterling Institute of Management Studies for giving me this opportunity to carry out this report work as a part of our academics. Our sincere thanks to the Director Mr.Anjan Maithi who provided us with such a wonderful atmosphere & excellent infrastructure which helped us to carry out our report work to the fullest. Our heartfelt gratitude and thanks to our Professor Mr. Milind Herode whose expert comments‚ suggestions and
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Factors That Affect Management Functions University of Phoenix MGT 330 Organizational Ethics and Social Responsibility David Mallory September 3‚ 2009 The Factors That Affect Management Functions Introduction There are many things that have an effect on the four functions of management; planning‚ organizing‚ leading‚ and controlling. Defined as Enterprise Environmental Factors‚ or any or all external environmental factors and internal organizational environmental factors that surround or influence
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The Discipline of Psychology There are three important concepts to remember when defining psychology: science‚ behavior and mental processes. When defining psychology for a friend I would first simply just give him/her the standard book definition‚ which is the scientific study of behavior and mental processes. But‚ psychology can be defined in many different ways. Another definition of psychology could be the scientific study of the human mind and its functions such as those affecting behavior
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differences between management accounting and financial accounting include:[1] 1. Management accounting provides information to people within an organization while financial accounting is mainly for those outside it‚ such as shareholders 2. Financial accounting is required by law while management accounting is not. Specific standards and formats may be required for statutory accounts such as in the I.A.S International Accounting Standard within Europe. 3. Financial accounting covers the entire
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CRM is the abbreviation for customer relationship management. It entails all aspects of interaction that a company has with its customer‚ whether it is sales or service-related. While the phrasecustomer relationship management is most commonly used to describe a business-customer relationship‚ CRM systems are used in the same way to manage business contacts‚ clients‚ contract wins and sales leads. CRM is often thought of as a business strategy that enables businesses to: Understand the customer
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EMPLOYEE DISCIPLINE‚ COMPLAINTS AND GRIEVANCES MICHAEL L. PROTACIO Employee discipline: Employee discipline According to Richard D. Calhoon‚ “Discipline is the force that prompts individuals or groups to observe rules‚ regulations‚ standards and procedures deemed necessary for an organization.” Therefore discipline means securing consistent behaviour in accordance with the accepted norms of behaviour. I am sure you will agree that discipline is essential in every aspect of life. It is equally
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between financial and management accounting and to highlight how management accounting could be used to improve TVD’s performance. In particular‚ one of the management accounting techniques‚ benchmarking‚ is used as an example of how MA can help a business to run successfully. Today‚ accounting is an important aspect of business. The primary idea is to present financial and non-financial information so that the company can make good decisions and succeed financially. In other words‚ for a business
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1. Introduction of the assignment Customer relationship management (CRM) is the process of acquiring‚ retaining & growing profitable customers and a comprehensive approach for expanding customer relationship. There are different between Marketing and CRM. Marketing is a process in selling of product meanwhile CRM is a multifaceted process‚ which is intended to allow business organization to better anticipate and match customer needs and desire. As long as people are doing the buying‚ people
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and groups are consistent with short and long range plans. It helps ensure that objectives and accomplishments are consistent with one another throughout an organization It helps maintain compliance with essential organizational rules and policies. One of the main functions of management and it complements the other management functions. STEPS IN CONTROL PROCESS 1. Establish objectives and standards Sale targets – expressed in quantity or monetary terms Production targets – expressed in quantity
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Supplier relationship management is an approach to managing organizations interactions with the supplier of the goods and services it uses. The main goal of supplier relation management is to streamline and make more effective the processes between an organization and its suppliers. In order for this type of relationship to work and benefit both parties‚ the organization and its suppliers must have the same desired outcomes. Both parties must be willing to compromise‚ share information such as pricing
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