Assignment: Understanding the management role to improve management performance Centre Number: Learner registration Number: Centre Name: Learner name: 1.1. Describe the goals and objectives of your organisation Goals set out what the organization wants to achieve‚ where it want to be – i.e. the vision Medium and shorter term objectives are the specific means by which the organization will achieve its goals. These are supported by key actions/deliverables to achieve the objectives‚ which in
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people in a business environment Working with others in a business environment is one of the most fundamental factors of running and being successful within a business organisation especially in the organize which I work in. The company I work for is in the financial services sector‚ our company’s mission is to be the best financial services intermediary in the business and to provide a holistic and professional financial solution to all of our clients. My responsibility within the business is to assist
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rapidly changing economic environment‚ characterized by such phenomena as the globalization‚ and deregulation of markets‚ changing customer and investor demands‚ and ever increasing product market competition‚ has become the norm for most organization. To compete‚ they must continually improve their performance by reducing costs; innovating products and processes; improving quality‚ productivity‚ and speed to market; and more importantly by improving their individual performance within the organization
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| 1 INCORRECT | | Redford‚ Inc. has provided the following data:If the dollar contribution margin per unit is increased by 10%‚ total fixed cost is decreased by 20%‚ and all other factors remain the same‚ net income will: | | | A) | decrease by $60‚000. | | | B) | increase by $60‚000. | | | C) | increase by $120‚000. | | | D) | increase by $420‚000. | | | | | | Feedback:The correct answer is C (Learning Objective 1): Net income will change as follows.Calculations: $600‚000
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should be no definition‚ there are no rules‚ there is no leader. The only thing that matters is ‘being different’ in such a way that attracts more attention and gives you more profits than the standard marketing practices. RELEVANCE IN CONTEMPORARY ENVIRONMENT: As the world is becoming glocalized (global village)‚ the competition is increasing at an unprecedented rate. As a result the world is becoming an over communicated society which results in target customer getting more confused and irritated. To
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worldwide markets. Needless to say‚ aspiring companies need research and knowledge about markets to back their willingness to expand to foreign markets. All markets are different and pose different challenges to operate. For instance‚ each product has its own unique selling preposition and a one-size-fits-all strategy is not applicable across the global markets. It is important to have knowledge about factors such as people’s potential to buy the product‚ cultural and religious sensitivity to the product
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give examples based on my own personal experience. Identify the purposes of different types of organisation Business organisations can be divided mainly into two sectors. The private sector‚ which is formed by sole traders‚ partnerships‚ companies and franchises. The sole trader is the most popular form of business ownership. This kind of business is managed by only one individual who puts all of his savings and his time into making it a success. He is his own boss but it also has a negative
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South Asian countries‚ FDI inflow to Bangladesh has traditionally been lower. ------------------------------------------------- ------------------------------------------------- The future outlook of FDI is grim. Based on the recent years’ performance‚ it is predictable that the share of FDI as percentage of GDP may decline by widening gaps between the projected medium term targets by the government and the actual receipts of the inflow. The FDI inflows as percentage of total investment may decline
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Lecturer: Audrey Vince Ahmed Ahmed 63755 Unit1-P4-business environment-Explain how they style of organisation helps them to fulfil their purposes. Introduction: In this assignment I will be explaining how the two businesses that I have chosen from my previous assignment P3‚ how they present the organisational structure and how strategic planning helps them achieve its purposes and aims. This assignment will include the following * The aims of Coca- Cola and Nike * How the strategic
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The Business Environment: Sustainable Development and PESTLE The Business Environment: Sustainable Development & PESTLE Lesson Plan Activity Presentation Tutor Notes: Resources: PowerPoint Presentation (available on the Sustainable Skills website http://www.lgec.org.uk/Projects/Sustainable-Skills-Project Background reading – Sustainable Development – A Quick Guide ‘Sustainable Development and PESTLE Analysis: The Business Case for doing the right thing’ PESTLE and the 5 Capitals Before
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