Introduction to Business (Question for 1st semester midterm exam.) # What is business? Ans : An organization or economic system where goods and services are exchanged for one another or for money. Every business requires some form of investment and enough customers to whom its output can be sold on a consistent basis in order to make a profit. Businesses can be privately owned‚ not-for-profit or state-owned. An example of a corporate business is Grameen Phone‚ while an Azad Products is a private
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Business administration Summary chapter 1 Companies have a lot of challenges to succeed. Current challenges: * Globalization: markets‚ technologies and organizations are becoming increasingly interconnected. * Ethics and social responsibility: issues of ethics and social responsibility are becoming increasingly important‚ and corporations are being expected to take a lead on addressing these issues * Speed of responsiveness: respond quickly and decisively to environmental changes
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Intruduction To Business Assignment Topic: Characterstics Of Business Course Code: ITB 101 Everything has some own characteristics‚ Business has also If we look the definition of business: Business means being busy‚ it is a process of producing and exchanging goods and services with a view to make profit. From this definition we have find One characteristics that is Profit‚ Business has more characteristics‚ Now we are going to discuss below Characteristics of Business: Business has some
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Master of Business Administration- MBA Semester 1 MB0043 - Human Resource Management Question 1. Define Human resource planning (HRP). Explain the objectives and process of HRP. Answer : Human resource planning (HRP) - It is the continuous process of planning the human resource of an organization to meet the demand in terms of numbers and the quality. The process involves the critical task to balance the supply and demand of human resource to optimally
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happening in retail can make great difference. The report is about the future vision of a shopping centre in Leeuwarden called De Centrale. The report is aimed to find new plans for De Centrale to stay success in the future. In the report‚ the introduction of the area is in the first part and then the methodology is mentioned in the second chapter. The next 6 chapters are discussing 6 topics such as social context and technology. The explanation of the six topics can help find the retailing trends
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important that all lines of communication are efficient and successful in maintaining relationships with stakeholders and key to sustaining their involvement with the school. Communication and building relationships is also a vital part of the administration within my role in the school‚ communication must be effective and efficient in delivering information and maintaining relationships with stakeholders. Communicate effectively with contacts : During this course I have learnt that effective
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Chapter 1 Managers and Managing What is management? Management is the planning‚ organizing‚ leading and controlling of human and other resources to achieve organizational goals efficiently and effectively. Efficiency is a measure of how well resources are used to achieve a goal. Effectiveness is a measure of the appropiateness of the the goals an organization is pursuing and the degree to which the organization achieves those goals. Organizations are collections of people who work together and
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cash on hand or any tangible or intangible item that can be converted quickly and easily into cash‚ typically within 20 days‚ without losing much of their value. These assets are among the most basic types of financial resources used by consumers‚ business and investors. Cash and
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LEGEL The way in which legislation in society affects the business. As most of the equity of PROTON is owned by the government it enjoys much flexibility of the laws and gets advantage from the taxes and tariff. On the other hand there are restrictions on the import of car in Malaysia as a result they get competitive advantage from here. As Malaysia is a member of ASEAN proton cars also get some advantage on the intra-regional tariffs and non-tariff barriers‚ and also get easy access to larger
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MARKETING MANAGEMENT MEMBERS OF GROUP 1. 2. 3. 4. 5. 6. : CHRISTO EMAN LUKE TAKAENDENGAN ANDREAS MOKODASER GERALD SENGKE SANDHY ACHMAD INDIRA PATONE Marketing Plan I. Business Mission Our sports center gave us the name "BaSuar" sport center. "BaSuar" is a word in Manado‚ which means sweating. we chose this name because we think all sports activities will produce sweat which is useful for body health and wellness. sports center not only provides a variety of sports
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