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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PROJECT REPORT ON “BUSINESS PLAN FOR PROVIDING E-SERVICES CUSTOMERS”FOR PROPOSED COMPANY “iA SERVICES” A report submitted to IIMT‚ Greater Noida as a partial fulfillment of full time Post Graduate Diploma in Business Management. Submitted To: DR.D.K.GARG (CHAIRMAN )IIMT Submitted By: ANURAG VISHWAKARMA ENR-BM 18019 BATCH- 18th ISHAN INSTITUTE OF MANAGEMENT & TECHNOLOGY 1A‚ KNOWLEDGE PARK-1‚ GREATER NOIDA ‚ Dt.G.B.NAGAR(U.P.) Website- www.ishanfamily.com E-mail- Ishan_corporate@yahoo.com
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Fundamentals of e-Business Menards e-Business Plan Company Description Menards is a chain of home improvement stores in the Midwestern United States. Menards sells building materials‚ hardware‚ electrical‚ wall coverings‚ plumbing‚ housewares‚ floor coverings‚ cabinets‚ appliances and much more. Menards is a privately held franchise headquartered in Eau Claire‚ Wisconsin; the company has 252 stores in 12 states: Ohio‚ Michigan‚ Indiana‚ Illinois‚ Wisconsin‚ Minnesota‚ Iowa‚ Missouri‚ Nebraska
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The Impact of the Internet on Business Current Uses of the Internet The Internet has a wide variety of uses. It provides an excellent means for disseminating information and communicating with other people in all regions of the world. While the greatest use of the Internet has been sharing information‚ other sources of use are rapidly developing. For instance‚ chat rooms‚ a space where people can go to discuss an assortment of issues‚ and Internet Commerce‚ which connects buyers and sellers online
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M1 Selling goods & services The most way of payment in the internet is by paying through credit card. The business website could be hacked by cyber-hacker and he could steal the credit card numbers of the customers of the business. How to solve the problem? The company should make sure that their system is protected and safe from any viruses‚ so the company must install anti-virus software and do regular update for it to ensure that their system is safe well. Also the company should always make
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Infrastructure‚ Political Environment‚ Organization‚ Organizational IT-Maturity‚ Structure and Size‚ Organizational Culture‚ Power and Politics‚ Management Styles‚ Technology‚ IT Professionals‚ eSecurity‚ eTransactions‚ Opportunities and Threats. 1. INTRODUCTION Information Technology (IT) has revolutionized the organizational structures and performance of all the public‚ private and other social organizations round the globe. Since 1990s IS applications have penetrated into almost all dimensions of
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Advantage of internet in doing business Convenience Reduced or no face to face contact with the customer. The business schedules time for customer response rather than being at the demand of the customer ‚ as in telephone or face-to-face contact Business can attend to their customers at any time‚ not just during normal trading hours Via social network‚ business can not only communicate with customers quickly but also retrieve customers’ feedback immediately and directly. Savings No shop
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BUSINESS PLAN For JAVA Looks www.javalooks.com Customize and Handmade Jewelry submitted by -Vina Prisita M NPM 1.427.R004 -Irwan Armanto 1.430.R.012 -Dwiki Ramadhan -Guruminda MM UNIVERSITAS WIDYATAMA 2013 1. Executive Summary JAVA Looks is an e-commerce company designed to become the market leader in Web based sales of handmade and customize jewelry in Indonesia and further in world. The company is located in Bandung‚ West Java‚ Indonesia. Although many Internet companies
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1. Topic Impact of Internet Marketing on Business 2. Objectives The objectives of Internet marketing on business are consists of some parts. First is to help to gain a deeper understanding of the internet marketing on business in country where internet is getting more popular and more necessary. Second is to help to know how to create the internet users for the local profit organizations. And finally‚ I aim to consider the role of the internet marketing on business for local firms. With this
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There are lots of advantages for small business to do business on the Internet. Depends on the type of business‚ it is not necessary for everybody to do business on the Internet. Prior to the invention of the Internet‚ Large global firms could work on advances in accessing the newest technological information‚ exchanging information‚ and reaching international customers. The Internet can help diminish information asymmetry and permits small businesses to act like large global businesses. Firstly
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