PRODUCT LIFE CYCLE CONCEPT OF PRODUCTS LIFECYCLE (ELEMENTARY KNOWLEDGE) Product Life Cycle Definition by Philip Kotler: "An attempt to recognise distinct stages in the sales history of the product " PLC concept implies: Products have a limited life. Product sales pass through distinct stages with each stage posing Challenges/Opportunities/ Problems. Profits rise/fall during different stages of product life cycle. Products require different marketing/manufacturing./ finance/ purchase/ HR
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Capacity Planning The overall objective of strategic capacity planning is to reach an optimal level where production capabilities meet demand. Capacity needs include equipment‚ space‚ and employee skills. If production capabilities are not meeting demand‚ high costs‚ strains on resources‚ and customer loss may result. It is important to note that capacity planning has many long term concerns given the long term commitment of resources. Managers should recognize the broader effects capacity
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tourist-based causes and destination-based causes. This information‚ which was distilled from recent tourism research‚ provides a framework for talks‚ directions‚ and expansion regarding tourism. Formally addressing the impacts of tourism facilitates planning that helps a society create a sustainable tourism industry. For decades tourism industry growth has been a major contributor to increased economic activity throughout the U.S. and the world. It has created jobs in both large and small communities
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Planning in Management To manage we need to plan . In planning ‚ we also need to know how to manage the planning . Why planning is important for management ? • All activities are specifically planning to achieve the goals and objectives of its mandate . • We plan to overcome or reduce the expected / assumed to arise . Planning also ensures that all management activities are made systematically. • Planning is the process by which a person makes a decision on the objectives to be achieved and how
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PLANNING IN AN ORGANIZATION Marilyn Dayacus Rosanna A. Patron Jovylyn C. Digno Management Policy Formulation August 2013 PLANNING We must plan for the future‚ because people who stay in the present will remain in the past. Abraham Lincoln What is Planning? What is Planning? In Psychological aspects: • Planning is one of the executive functions of the brain‚ encompassing the neurological processes involved in the formulation‚ evaluation and selection of a sequence of thoughts and actions to
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1994)‚ it is often supported by nursing models such as Roper‚ Logan and Tierney model for nursing‚ based on activities of living and Maslow’s Hierarchy of Human Needs etc. It consists of five sequential and interrelated steps - Assessment‚ Diagnosis‚ Planning‚ Implementation and Evaluation – during which you perform deliberate activities designed to maximize long-term results (Alfaro-LeFevre‚ R. 1994). In the UK the diagnosis stage of the process is omitted‚ although UK nurses determine a patient’s needs
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Zamboanga City Course Title : EdAd 205 (Educational Planning and Curriculum Development) Course Professor : Dr. Alicia T. Baldicano Topics : EDUCATIONAL PLANNING Background of Educational Planning A. Concepts of Educational Planning a. Basic Ideas and Concepts about Planning b. Nature and Scope of Educational Planning c. Concepts of Educational Planning d. Definition of Educational Planning e. History of Educational Planning in the Philippines Discussant : Joanes C. Ocamia and
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Starbucks—Planning One thing that all managers do is plan. The planning they do may be extensive or it may be limited. It might be for the next week or month or it might be for the next couple of years. It might cover a work group or it might cover an entire division. No matter what type or extent of planning a manager does‚ the important thing is that planning takes place. Without planning‚ there would be nothing for managers to organize‚ lead‚ or control. Based on the numerous accomplishments
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TOPIC 1 * Educational Planning * Environmental Planning and Analysis * Operational Planning * Short‚ Medium‚ Long-Range Planning * Corporate Planning * Strategic Planning I. Introduction What does Educational Planning mean? Educational planning can be important to help you create your future. Planning the classes you will need to reach your educational goal‚ it can help motivate you and get you to your life goals with more direction. The process of making arrangements
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do not just prefer but demand manufacturers to provide quality products in a timely fashion at competitive prices. To satisfy this requirement‚ manufacturers need to plan necessary and sufficient capacity to meet market demands. However‚ capacity planning is a very challenging task for many manufacturers. In Bangladesh now as well as the other industries ceramic industries need to compete to make better place in the market. Understanding and then building the infrastructure that provides the needed
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