“Discuss why strategy is important to an organisation” ‘Research has revealed that organizations that engage in strategic management generally outperform those that do not’ Wheelen & Hunger (2005‚ p.5). An organisation will perform to a high standard when there is a matching correlation between the organisational environment and the strategy‚ structure and processes of that organisation. Wheelen & Hunger’s said in their book ‘Strategic Management and Business Policy: tenth edition’ that
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Ethical and Safety Considerations As counsellors begin to embrace new methods of service provision‚ we must be prepared to handle ethical‚ safety‚ and professional issues that may arise. It is always incumbent on the counsellor to ensure that all practices maintain the rights and safety of the client and fall within the realm of ethical practice (CCPA‚ 2007). Further‚ embracing the use of technology in counselling introduces practical considerations that face to face counselling does not. Many
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All companies have a set of strategies to play by when it comes to the way they produce their products and services‚ and in this fast moving economy‚ the link between product and service have become ever more important. However‚ in order to produce the product and services that a firm is to offer to their customers‚ the must first look at their production process. To make the products in-house‚ or to outsource their production to other companies‚ in the quest to be more profitable and efficient
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How People Make Economic Decisions Business Dictionary.com defines consumer decision making as “the process by which consumers identify their needs‚ collect information‚ evaluate alternatives‚ and make the purchase decision. These actions are determined by psychological and economical factors‚ and are influenced by environmental factors such as cultural‚ group‚ and social values.” (BusinessDictionary.com‚ 2007) Four major economic forces drive the decision a consumer makes when purchasing goods
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Topic : Why do teens make bad decisions ? Don’t be afraid to go after what you want to do‚ and what you want to be. But don’t be afraid to be willing to pay the price. In the last 20 years‚ the earnings level of dropouts doubled‚ while it nearly tripled for college graduates. Approximately 4 in 10 young women in the U.S. become pregnant at least once before turning 20 years old. These are perfect examples of bad decisions
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Strategy is determining where you are now‚ where you want to go‚ and how to get there. It’s the art of developing and implementing specific actions and decisions that will help a business to achieve goals and objectives as set out by the owners. Through the strategy process the overall direction of the company is set including opportunities and threats in the outside world and the internal strengths and weaknesses of the business. The aim of a business strategy is to ensure that the threats posed
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of the primary reasons for why people organize themselves in such a way is because of the similarities among those in the community. The grouping of people by similarities is a very old unconscious system existent in far times. In the past centuries‚ people in a community have grouped themselves by religious beliefs‚ political affiliations‚ and other opinions and thoughts. Political affiliations have attracted people to each other when they have similar beliefs‚ and have repelled each other when they
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uncomfortable making hard choices about information technology. But when they abdicate responsibility‚ they set their companies up for wasted investments and missed opportunities. Six IT Decisions Your IT People Shouldn’t Make by Jeanne W. Ross and Peter Weill Included with this full-text Harvard Business Review article: 1 Article Summary The Idea in Brief—the core idea The Idea in Practice—putting the idea to work 2 Six IT Decisions Your IT People Shouldn’t Make 10 Further Reading A list of related
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Why health insurance is important to have Having health insurance is important because having coverage helps people get timely medical care and improves their lives and health. Uninsured people get only half as much care as someone that is privately insured. Uninsured adults get fewer preventive and screening services. Persons who are uninsured that have cancer get diagnosed at a later stage of the disease‚ when treatment is more than likely to be unsuccessful. Adults that are uninsured with
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Supporting children and young people to have positive relationships As a child grows and develops through different stages of their lives‚ they will encounter a range of people with whom they may form relationships. Sadly‚ not all of these relationships will be positive and the child may need support to deal with conflicts or to end the relationships that are causing them harm. Task 1 Complete the spider chart below to show the different relationships a child may have; for each relationship
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