is a very popular and widely used term. All organizations - business‚ political‚ cultural or social are involved in management because it is the management which helps and directs the various efforts towards a definite purpose. According to Harold Koontz‚ “Management is an art of getting things done through and with the people in formally organized groups. It is an art of creating an environment in which people can perform and individuals and can co-operate towards attainment of group goals”. According
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An Innocent Lost A child’s ability to trust and hope are so important to their innocence‚ and yet like so many other important things they are not treated with the care necessary to keep them alive. An innocent‚ trusting child will walk up to anyone on the street and believe they cannot nor will never hurt them in any way. Unfortunately‚ all too often that part of them gets pulverized into dust. Our parents try to teach us there are no monsters‚ trying to protect us from the ugly truths that life
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Concept of Educational Management A. Meaning of Educational Management Management is the process of planning‚ organising‚ directing‚ controlling and evaluating to accompish predetermined objectives of an institution through coordinated use of human and material resources. Management is the Art/Science of:- Getting work done. With the help of other people Within the given budget Within the given deadlines Management as an academic discipline refers to‚‖ substantive body of knowledge
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changing market has to adopt a certain systematic approach to ensure its progress in the future. The company has to adopt a specific philosophy by making a decision that how it will harness its strengths to show progress and satisfy the consumers (Koontz et al‚ 2007‚ p. 86). The philosophy has to be selected on what tools the company should use in order to achieve its desired goals and objectives and how the firm can manage and market its products and services effectively. There are four fundamental
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is a very popular and widely used term. All organizations - business‚ political‚ cultural or social are involved in management because it is the management which helps and directs the various efforts towards a definite purpose. According to Harold Koontz‚ “Management is an art of getting things done through and with the people in formally organized groups. It is an art of creating an environment in which people can perform and individuals and can co-operate towards attainment of group goals”. According
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which cannot be limited to any specific area. It is a part of our day-to-day life. Management is managing oneself. It is a broad term which is a combination of Planning‚ Organizing‚ Controlling‚ Directing and Co-ordinating. As rightly defined by Koontz Management has been defined as the creation and maintenance of internal environment in an enterprise‚ where individuals working together in groups can perform efficiently & effectively towards the attainment of the goals." It is the environment created
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SWOT analysis A SWOT analysis‚ with its four elements in a 2×2 matrix. A SWOT analysis (alternatively SWOT matrix) is a structured planning method used to evaluate the strengths‚ weaknesses‚ opportunities and threats involved in a project or in a business venture. A SWOT analysis can be carried out for a product‚ place‚ industry or person. It involves specifying the objective of the business venture or project and identifying the internal and external factors that are favorable and unfavorable
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Question 1- Describe the concept of vision and mission in an organisation. Vision Statements and Mission Statements are the inspiring words chosen by successful leaders to clearly and concisely convey the direction of the organization. By crafting a clear mission statement and vision statement‚ you can powerfully communicate your intentions and motivate your team or organization to realize an attractive and inspiring common vision of the future. Without the unwavering focus on mission and vision it’s
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Master of Business Administration- MBA Semester 1 Management Process and Organizational Behavior SUBJECT CODE -- MB0038 1. Describe the concept of vision in an organization with an example. How is it different from mission statement? Meaning of Vision:- An aspirational description of what an organization would like to achieve or accomplish in the mid-term or long-term future. It is intended to serves as a clear guide for choosing current and future courses of action. Example
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1.0 Introduction Kodak was one of leading companies in photographic film products however today they faced bankruptcy due to slow to adapt its business than others. Kodak founded by George Eastman in late 1880s‚ it was almost dominated the entire market during 20th century. However Kodak is refused to position its business to a better strategic in 21st century but other competitors are started to innovate their business respectively to gain better market share. 2.0 Situational Analysis Kodak
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