Management in all business and organizational activities is the act of coordinating the efforts of people to accomplish desired goals and objectives using available resources efficiently and effectively. Management comprises planning‚ organizing‚ staffing‚ leading or directing‚ and controllingan organization (a group of one or more people or entities) or effort for the purpose of accomplishing a goal. Resourcing encompasses the deployment and manipulation of human resources‚ financial resources‚
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Increased muscular activity results in a decreased partial pressure of oxygen‚ an increased partial pressure of carbon dioxide‚ a reduced PH‚ and an increased temperature. Consequently as much as 73% of the oxygen picked up by haemoglobin in the lungs is released in skeletal muscles during periods of physical exercise. Utilisation When we inhale air‚ oxygen is transported to the lungs and can be utilised by the body to stay alive. Oxygen is used to produce ATP for energy “the principle energy
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development (R&D)‚ sales and distribution of mobile handsets and related products and services (TCL 2011). TCL invested 55 million euros to garner a fifty five percent stake while Alcatel put in 45 million euros along with its mobile handset business for the remaining forty five percent share (China Daily 2004). The two corporations each possessed individual strengths that they believed‚ when joined in partnership‚ would establish their stronghold in the competitive mobile phone industry and
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Unit 1 – Exploring Business Activity (P4 and M2) Functions are the specialist areas that a business is divided into for example marketing and finance. Tesco Tesco want to expand locally‚ internationally‚ in non-foods and retailing services (Tesco Personal Finance). Tesco’s success depends on people; the people who shop with them and the people who work with them. If their customers like what Tesco offer then they are more likely to come back and shop their again. If the Tesco team find what
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Review Questions 1.1 1. What is a ‘business’? A business is a decision-making organisation involved in the process of using inputs to produce goods and/or provide services. 2. What are the purposes of business activity? Businesses exist to satisfy the needs and wants of people‚ organisations and governments. Needs – are the basic necessities that a person MUST have in order to survive. Wants – are the desires that people have. Wants are said to be infinite since people always want more
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Manage Business Document Design and Development 1. Copy Right –You can not copy someone else’s document and use as your own‚ it can cause big fines and look bad for your company. Privacy Act – Confidentiality of the company Discrimination – if you put on a document asking if the person who is filling out the form is married‚ what there race and colour is‚ may offend people. 2. The purpose of relating organizational policy and procedure into the design and use as each company
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The main business activity of Tim Hortons is to sell as much of their product as possible‚ and continuously innovate new products in order to sustain organic growth in the company as well as attract and retain customers. THI has two main operating strategies from which they generate revenues; company owned restaurants and franchising restaurants. The majority of the revenue generated comes from franchising however; in 2012 99.5% of restaurants were franchised while only 22 locations were company
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Business studies. Activity 3 – TESCO Customers have a range of different expectations when they use Tesco’s. For example * good value products * rapid responses to enquiries * clear honest and detailed information * Information about suitable products * Care and attention both with the customers‚ and the products. * After sales care Good value products Good value products‚ means that the product is worth the money paid. This is the minimum expected from any business
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Managing Employee Misbehaviour for Promoting Business Ethics Workplace misbehaviour: Any intentional action by members of organizations that defies and violates Shared organizational norms and expectations‚ and/or Core societal values‚ mores and standards of proper conduct (Vardi and Wiener‚ 1996‚ p.153). Misbehaviour in this sense is also said to be about breaching broader‚ yet far from clearly defined or fully shared societal norms or moral order. In industrial sociology key writers on misbehaviour
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possibilities. Targeting where to move next in volatile consumer markets is helped by rich and extensive information systems which connect the market rapidly with the R&D and manufacturing heart of the business. Innovation Strategy and Leadership Innovation is a core value of the business but is generally expressed in terms of learning (see later) – the sense is that Kao needs to be continuously learning about technologies‚ users‚ key trends in society‚ etc. and then to be able to combine
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