Four V’s All business processes differ in some way from one another. There are certain common characteristics that they share. Volume: Does the business produce a few specialist items or is it producing lots of the same thing? High volumes of output indicate repeatability due to familiarity of the process. Specialized staffing and machinery may be evident to maximize efficiency of the operation. Economies of scale may be apparent in terms of price point entry to a market. They are doing the same
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Insurance may be describedas a social device to reduce or eliminate risk of life and property. Under the plan of insurance‚ a large number of people associate themselves by sharing risk‚ attached to individual. The risk‚ which can be insured against include fire‚ the peril of sea‚ death‚ incident‚ & burglary. Any risk contingent upon these may be insured against at a premium commensurate with the risk involved. Insurance is actually a contract between 2 parties whereby one party called insurer
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Case : 1 Electronics Corporation of India Ltd.(ECIL) is a Public Enterprise under the Department of Atomic Energy established with the purpose of supporting India’s Nuclear Power Programme and help the country achieve self-reliance in professional electronics. Over the years the company evolved itself into a multi-product and multi-disciplinary organisation with focus on Computers‚ Control Systems and Communications. In the post-liberalisation scenario‚ the compulsions of global competition on
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and still willing to learn and adapting myself in new circumstances. * Perform sample preparation and procedures prior to analyses * Perform basic testing procedures‚ identify any non-routine samples and seek guidance on procedures for handling * Meet quality and TAT specifications required by the client and ensure samples are analyzed within holding time requirements * Ensure laboratory protocols are followed and turn-around-times are met * To ensure all client orders are
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SUMMARY OF UNDERSTANDING STRATEGIC MANAGEMENT CHAPTER 2: The General Environment The external environment facing the organization consists of both: a. A general environment‚ often referred to as the macro-environment because changes that occur here will have an effect that transcends firms and specific industries. b. A competitive environment‚ consists of the industry and markets in which an organization competes. In order to scan and monitor their environment‚ firms require tools
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General Banking Parities and Credit management of Jamuna Bank. A study on Rajshahi Branch 1 Chapter One Introduction Department of BBA University of Information Technology & Sciences General Banking Parities and Credit management of Jamuna Bank. A study on Rajshahi Branch 2 Introduction 1.1 Origin of the Study Practical orientation works as a bridge between the academic and the practical knowledge. The internship program is a compulsory part of BBA degree and it is a preparatory
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Game of the Generals The Game of the Generals‚ also called Salpakan in Tagalog‚ and GG as it is most fondly called‚ or simply The Generals‚ is an educational wargame invented in the Philippines by Sofronio H. Pasola‚ Jr. in 1970. It can be played within twenty to thirty minutes. It is designed for two players‚ each controlling an army‚ and a neutral arbiter or an adjutant. It needs the use of logic. The game simulates armies at war trying to outflank and outmaneuver each other. As in actual warfare
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Analyzing the General Environment Select three categories to analyze‚ from the list of the major forces that comprise the macro/general environment. Macro environment are external factors that have a direct impact on the organizations strategy and decision making. Those factors are uncontrollable. For example‚ some of those factors are: change in interest rates‚ change in cultural tastes‚ government regulations‚ social condition‚ technological changes‚ and natural forces. Those factors are usually
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much of a handle an employer thinks that they have on things. As the CEO of Wal-Mart I would want to be forward thinking and implement certain policies that would hopefully leave us well-prepared for any potential conflicts that were to arise. Handling ethical workplace issues requires a cautious approach to matters which could lead to lawsuits or be publicly damaging. The first thing I would do would be to incorporate a policy where all employees from executive management to housekeeping are
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Memorandum To: David Perdue‚ Chief Executive Officer‚ and Dollar General From: Senior Advisor‚ Kenbex Consulting Date: November 9‚ 2010 Re: Does Dollar General have the right strategy to maintain a competitive advantage in their market? Executive Summary The primary aim of this Memorandum is to determine if Dollar General currently uses the right strategies to maintain and sustain competitive advantage in this industry. In addition‚ Kenbex Consulting will be looking into the issue
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