Distinguish between efficiency and effectiveness in management. (5 marks) Efficiency refers to being productive at work‚ to use resources – time‚ equipment‚ people‚ money‚ raw materials‚ etc.-wisely & cost-effectively. An efficient manager will strive to maximize productivity at work. Efficiency can be calculated by the formula: output/input. Effectiveness refers to making the right decisions & to successfully carry them out so that they achieve organizational goals. A manager can
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curriculum and guidelines set forth by the IB system for the primary‚ middle school and diploma program. I am new to the IB system‚ the curriculum structure and the grading criteria. For the 2013/14 school year I will be working directly with the learning support coordinator as a learning support assistant for two students. My background originally is child and youth work where I have been trained to work with adolescents providing behaviour management‚ life skills etc. My role has now evolved into
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worldwide employments presently consist of 4‚263 stores and 660‚000 employees in fifteen nations externally the United States. There are completely controlled stores in Argentina‚ Brazil‚ Canada‚ and the UK. With two.one million workers globally‚ the business is the gigantic independent entrepreneur in the US and Mexico‚ and 1 of the gigantic in Canada. In the monetary span in 2010‚ Wal-Mart’s worldwide departmentalizing commerce were $one hundred billion‚ or 24.7% of overall marketing. Wal-Mart has
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theorist assumes that business environment and organisation behaviour are predictable‚ planning are essential to predict future market changes and to prepare strategic plan to adopt to the changes. Rational analysis and objective decisions allows achieving long-run successes and avoid failures. The Evolutionary approach – more fatalistic approach‚ seeing the business environment as a jungle in which the main aim of an organisation is to survive by being efficient. Business processes and competition
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ECONOMICS Economic Problem * Unlimited wants‚ limited resources Economic Systems * Questions to answer: 1. What to produce? 2. How much to produce? 3. How to produce? 4. For whom to produce? * Criteria to classify economic systems 1. Productive resources owned by private individuals (private sector) or government (public sector) 2. Role of market forces of demand and supply in allocating resources‚ determining prices‚ distributing incomes 3. Role of government in production
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similar assets or liabilities are recognized by the lessee when the lease is classified as an operating lease. The lessee recognizes lease payments under an operating lease as an expense‚ normally on a straight-line basis over the lease term. Under IAS 17 Leases lessors are required to classify leases as finance leases or operating leases. Finance leases are defined as leases that transfer substantially all the risks and rewards incidental to ownership. All other leases are operating leases. If
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To what extent does Ocean Park’s marketing strategy for its re-development phase meet the preferences of its customers? Session: May 2010 IB Subject of Essay : Business and Management Supervisor Name : Mr. Philippe Cosentino Word Count : 3902 Abstract In this essay‚ I shall be responding to the research question: “To what extent does Ocean Park’s marketing strategy for its re-development phase meet the preferences of its customers?” The purpose of this essay is for me
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Dear Sir / Madam‚ I am writing to you to apply for the Degree Programme in International Business‚ in which I am particularly interested. My aim is to work in an international field related to business. Therefore I would like to gain a deeper theoretical knowledge in international business. I believe ………………………………. University with an international business degree is the best place to achieve my career objectives. I have successfully completed Secondary School Certificate Examination in 2009
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becoming an IAS or (Indian Administrative Services) officer! Please Note: Becoming an: * IAS (Indian Administrative Services) officer * IPS (Indian Police Services) officer etc… Is all done though the same “UPSC held Civil Services” examination! This guide is written from the point of view of becoming an IAS officer. However‚ the procedure to become an IPS etc. officer is also the same! If you are interested in becoming an IAS officer‚ you probably know what the IAS is all about
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APPLICATION FOR ADMISSION London School of Marketing Removing the Boundaries to Education Your Application Guide Please carefully read this guide to avoid delays in the application process. Deadlines All students are advised to apply at least 6 weeks before the course start date. Personal Information Please let us know if your contact details such as permanent and term time addresses‚ telephone numbers‚ e mail address‚ etc. change. Course Details Please check carefully whether you have met the
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