which allows for better understanding and broader vision. As communication increases amongst two countries‚ there is interchange of cultures as well. We get to know more about the other’s cultural preferences. • As we feed to each other’s financial needs‚ the ecological imbalance is also
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The internal environment: * Strategic competitiveness and above – Average returns result when Internal organization (What a firm can do : function of resources‚ capabilities‚ and core competencies) matches External environment ( What a firm might do : function of opportunities in the firm’s external environment → Competitive Advantage * Competitive advantage key points: * No competitive advantage lasts forever. * Over time‚ rival use their own unique resources‚ capabilities‚ and
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dealing with people‚ such as shop assistant‚ waitress‚ flight attendant and hostess. There is nothing we can do about that because that is the way it works. I am pretty sure that on the hypothetical case that there is a vacancy for a salesman in a firm‚ and two men with the same good qualifications and experience‚ but one of them good looking and the other one ugly‚ go for the interview‚ the employer is going to hire the handsome one. I think you have more opportunities to be promoted and succeed
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CYAN BLACK Managers can use a variety of carrots and sticks to encourage people to work together and accomplish change. Their ability to get results depends on selecting tools that match the circumstances they face. the primary task of management is to get people to work together in a systematic way. Like orchestra conductors‚ managers direct the talents and actions of various players to produce a desired result. It’s a complicated job‚ and it becomes much more so when managers are trying
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McDonald’s Practices/Operations in Turbulent Environment McDonald’s strategic plan is called ‘plan to win’ which helps McDonald’s to be the best fast food restaurant chain rather than the biggest fast food restaurant chain. (kspain‚ 2008) In turbulent environment‚ McDonald’s tries to achieve high performance by applying the 5 P’s: people‚ product‚ price‚ promotion‚ and place or distribution. Product involves both intangible and tangible offerings of the business which customer can see‚ feel‚ taste
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Impact of Internal and External Factors on the Functions of Management There are four main functions of management that‚ when used properly‚ work together to contribute to the success of a company’s goals: planning‚ organizing‚ leading‚ and controlling. Many different factors impact these four functions of management and require careful consideration when planning committees are working out the details of their plans for the company. The following paragraphs will outline several of these factors
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In the car (Internal Combustion Engine) Name: Chia Wei Qian ID: 1101C12664 Period 4 Date: 14 May 2012 Lecturer: Mr. Jaroslaw Cebrowski Introduction Car engine is amazing machine that convert the heat energy to mechanical energy to let the car move. As we know the modern car engine is works in the internal combustion so it is call internal combustion engines. But for the older technology‚ they used External Combustion Engines. It is far lower efficiency than internal combustion
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based on business goals‚ staff and customer feedback � Identify and analyze internal and external factors that may impact on the plan � Consultation during the development of the plan � Develop administrative framework & systems to support planned initiative � Communicate priorities‚ responsibilities & timelines � Develop evaluation systems in consultation with colleagues � Develop internal & external communication strategies to keep all stakeholders informed � Develop appropriate
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THE MANAGER: OMNIPOTENT OR SYMBOLIC? How much affect does a manager inflict on an organization’s outcome? There exist two traditional views about this question. * OMNIPOTENT VEIW OF THE MANAGER: According to this view‚ the manager has the ultimate power. They are held responsible for the success or failures of the entire organization. * SYMBOLIC VEIW OF MANAGEMENT: As per this view‚ the outcomes of the organizations are basically influenced by the external factors‚ whereas the
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outline 2 Postmodernism 2.1 An overview 2.1.1 Contrasting modernism and postmodernism 2.1.2 Positive and negative evaluations of postmodernism 2.1.3 Foundations of postmodernism 2.2 Postmodernism as an era 2.2.1 Postmodern society 2.2.1.1 Baudrillard ’s concept of simulacra 2.2.1.2 Videotexts‚ cyberspace‚ etc. 2.2.2 Postmodern corporations 2.2.2.1 Generalization instead of specialization 2.2.2.2 Empowerment instead of bureaucracy 2.2.2.3 Flexible structures instead of rigid hierarchies 2.2.2.4 Constant
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