Metro-Internal Overview of the Current Scenario Week1: Average Team Strength – 12; Average Productivity – 6.5 Week2: Average Team Strength – 10; Average Productivity – 7.2 Learning & Observations: 1) The market as a whole is quite receptive to the Cash & Carry concept saving a lot of effort in terms of making customer calls. 2) There is a major chunk of our prospective customers in the outskirts of the city; but many of them don’t have a valid business licence or don’t have
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transfer of information from one party to others. It is also one of the things that most companies struggle with. A big part of the challenge is that there are so many different people you have to communicate with and it often has to be done in different ways. Communications are at the very heart of all business activity. So it is essential that people in a company assess such practices to ensure they are working well. Effective communications help to create a direction and basis for everyone’s activities
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* External and Internal Analysis and Competitive Advantage In this lecture‚ we focus * Company’s present strategy * Internal strength and weakness and external opportunity and threat * Five generic competitive strategy * Competitive advantage and strategy for Diversification * External and Internal Analysis and Competitive Advantage Considerations for Present Strategy: * Cost (low cost?) * Quality (superior quality?) * Customer based (broad or narrow segment) * Product-distribution
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Structure‚ Business Model and Culture The business model is a store that offers products that are high-quality‚ always fresh‚ with exceptional variety‚ at a competitive price‚ given the convenience of a fast transaction; this service is provided to the customer on a friendly‚ clean‚ and safe environment. Competence‚ which is what the employee will do to lead the business in the market. Dedication‚ a set of moral and ethical values that drives the manager to go beyond customer service
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jointly by the supervisor and subordinate. Once an objective is agreed‚ the employee is usually expected to self-audit; that is‚ to identify the skills needed to achieve the objective. Typically they do not rely on others to locate and specify their strengths and weaknesses. They are expected to monitor their own development and progress. The use of management objectives was first widely advocated in the 1950s by the noted management theorist Peter Drucker. To be successful‚ an MBO program should be
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Title: Explain how external and internal influences may impact on business opportunities in Australia. Purpose: Explaining how external and internal influences may impact on opportunities businesses have in Australia. Introduction: External influences such as Financial‚ geographic‚ social‚ economic and competitive situation are all influences that impact business opportunities in Australia. Internal influences such as products‚ locations‚ resources and management are also factors that
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their lives through friendly‚ reliable‚ low-cost air travel” (Southwest Culture). On Southwest’s website they show that their culture is built around ‘Living the Southwest Way‚’ by a warrior spirit‚ servant’s heart‚ fun-LUVing attitude‚ and working the Southwest way (Southwest Culture). Southwest founder‚ Herb Kelleher‚ is one of the main reasons Southwest cultures as admirable as it is. He placed emphasis on Southwest’s culture‚ and not only that as the leader he lead the organizations in carrying
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Running Head Reengineering the Corporation Reengineering the Corporation In the book “Reengineering the Corporation”‚ Hammer and Champy create a new frame of managerial relations and organizational bureaucracy. The authors address such important problems as impact of technology on business environment‚ new labor relations and organizational structures affected a modern corporation. The book consists of 13 chapters and an Epilogue discussing different problems and issue of modern organizational
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Chapter 7 – Internal control Internal control – steps taken by business to prevent fraud – misappropriation of assets and fraudulent financial reporting‚ COSO defines IC as means to an end Achievements of objectives in the area of financial reporting‚ operations‚ compliance with law and regulations Foreign corrupt practices act: Transactions authorized with the knowledge of and authorization of management Means of achieving internal control – preventive control – prevents fraud ex: segregation
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Canadian Broadcasting Corporation – Canadian Broadcasters of Culture The CBC is a publicly owned media outlet funded (in part) by taxpayers. The CBC was formed in the context of a very different historical moment than now. Given that the Canadian mediascape has changed‚ should the government continue to fund the CBC? When the Canadian Broadcasting Corporation (CBC) was created in 1936‚ it was intended as a public radio station to inform Canadians across the country and
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