1. Introduction In this essay there is in-depth discussion about the function on planning. The importance of planning‚ and why it is required in every managerial activity is brought out by this essay. The nature and is effects on the other managerial functions. The various situations and problems faced if planning fails. 2. The importance of planning in the modern world: In the dynamic environment of the modern world‚ time is considered as money. One needs to be at the right place at the right
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421/CISY 427: DECISION SUPPORT AND EXPERT SYSTEMS Decision support systems: These systems give direct computer support to managers during the decision-making process. For example‚ advertising managers may use an electronic spreadsheet program to do what-if analysis as they test the impact of alternative advertising budgets on the forecasted sales of new products. Decision support systems are computer-based information systems that provide interactive information support to managers and business
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The purpose of this paper is to analyze my own experience and the research I found regarding discharge planning. Discharge planning consists of an array of assessments and teachings as the patient moves from one facility (hospital) to another (home‚ nursing home‚ etc.). Essentially‚ this is significant in preventing a patient from re-hospitalization. In regards to my patient‚ she received an assessment and teachings concerning her mental status‚ mobility‚ previous surgery‚ current medications‚ and
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a business - sources of business ideas Author: Jim Riley Last updated: Sunday 23 September‚ 2012 Starting a Business - Sources of business ideas Where does an entrepreneur come up with the idea for his/her business? In practice there are many ways in which the business opportunity and idea is first spotted. As we shall see‚ sometimes luck plays a big part; at other times there is a role for approaches which encourage deliberate creativity. Here are some of the main sources of business ideas
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Logistic planning and management largely focus on lowering the cost associated with producing and distributing products under a variety of constraints. Logistics can be meant in different aspects of terms. In the perspective of Customer‚ the definition is getting the right product‚ to the right customer‚ in the right quantity‚ in the right condition‚ at the right place‚ at the right time and at the right cost. In the perspective of utility and value‚ the definition is providing the time and place
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Organization Topic 4: Decision Support and Artificial Intelligence The following questions needs to be answered before the next tutorial/lab class. Short – Answer Questions 1. What are the four types of decisions discussed? Structure Non-Structure Recurring Decision Non-recurring Decision 2. What are the four steps in making a decision? Intelligence Design Choice Implementation 3. What is a DSS? Describe its components. A system that is design to support decision making when problem
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Characteristics of marketing oriented organisation: 1 Explain the various elements of the marketing concept with reference to the Ikea’s marketing activities. 2 5 Cs of Marketing 2 4Ps of marketing are: 2 Identify and critically assess the benefits and costs of marketing approach for Ikea. 3 Task 1.2 3 A) Identify and explain macro and micro environmental factors which influence marketing decisions of Ikea 3 Micro-environmental Factors: 3 Macro-environmental Factors: 4 B) With your understanding of the
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Unit 103: Support Individuals with Self-Directed Support 1. Understand self-directed support:- 1.1 Explain the principles underpinning self-directed support and how this differs from traditional support:- The principles underpinning self-directed support and how it differs to traditional support is as follows:- Right to independent living - If someone has an impairment they should be able to get the support they need to live an independent life. Right to a personal budget - If someone
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Learning and Support Systems Skills I Need to Improve: Practice Persistance When something isn’t clear to me I’m going to ask my instructor or my academic advisor. Meet Deadlines To ensure I keep up with my assignments and discussions‚ I’m going to start setting up the calanders on my laptop and phone to remind me of due dates a day in advance. Enjoy Relaxation To relax I’m going to start finding some time for myself and do things other than school work and household duties
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1) Why is planning said to have "primacy" among the managerial functions? Without planning the rest of the managerial functions have little purpose unless they are focused on achieving desired objectives. Planning provides a method of identifying objectives and designing a sequence of programs and activities to achieve these objectives. 2) Develop your own model of the steps in the planning process. First you should establish a Mission/Vision‚ Second perform SWOT Analysis‚ Third Develop and
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