Definition & Acronyms 15 1.8 Limitation 16 1.9 Report Preview 17 2. ORGANIZATIONAL 18 2.1 History of the organization 18 2.2 Mission 18 2.3 Vision 18 2.4 Goal 18 2.5 Strategy 19 2.5.1 Pricing Strategy 19 2.5.2 Advertising and Promotional Strategy 19 2.5.3 Distribution Strategy 21 2.5.4 Business Strategy 21 2.5.5 Focus Strategy 21 2.6 Organization Structure and Size 22 2.7 Product 22 2.8 Services 23 2.8.1 Internet services: 23 2.8.2 Mobile
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“Sound organization structure is an essential prerequisite of efficient management” – Discuss this statement and point out the various principles which should be followed in developing organization structure Introduction Organization is the backbone of management. Without efficient organization‚ no management can perform its functions smoothly. Sound organization contributes greatly to the continuity and success of the enterprise. Once A. Carnegie‚ an American industrialist‚ said‚ “Take away our
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rely on performance measurement and control systems to set direction‚ make strategic decisions‚ and achieve desired goals Performance measurement and control systems: 1. 2. 3. 4. Purpose: to convey information Represent formal routines and procedures Designed specifically to be used by managers Used to maintain or alter patterns in organizational activities Foundation for performance measurement and control – profit planning systems = summary of future financial inflows and outflows
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equal opportunity for learning and personal growth. Creativity and innovation are encouraged for improving the effectiveness of Southwest Airlines. Above all‚ Employees will be provided the same concern‚ respect‚ and caring attitude within the organization that they are expected to share externally with every Southwest Customer. Vision To have a conservative increase growth‚ capitalize and cutback schedules of other airlines. To continue expanding conservatively in long-haul success. New
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Management and Organization Theory Management Theory Views on management have changed substantially over the past century and particularly in the past few decades. As of today‚ in any business or organization‚ in order to accomplish desired goals and objectives‚ management is needed by getting people together to able to: * Planning - meeting goals‚ being ready for crises * Staffing - recruiting‚ training * Organizing - time management‚ team building * Leading - communication‚ motivation
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PRINCIPLES OF MANAGEMENT REVIEW MATERIAL # RM2014-001 BUSINESS – is any activity involved in the production and distribution of goods and services‚ aimed to meet the economic needs of consumers with an objective of eventually earning profit. ELEMENTS OF A BUSINESS SYSTEM Economics is the study of how society produces and distributes its desired goods and services. It deals how the society uses its resources to produce goods and services. These economic resources to produce are called
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Management and Leadership of Organizations Unit 1 Individual Project American InterContinental University Details: The internet has created new ways to do business for organizations with much less capital planning as opposed to the high capital needs of traditional brick and mortar organizations. Based on this‚ how should management and leadership be addressed for each type of business? Research successful traditional and online retailers and address the following issues: Discuss the organizational
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resources making vulnerable to this hazard. Forms of Biological Hazards: 1. Independent Biological Hazard • Contributes to‚ develop into & exacerbate vulnerability leading to disaster (e.g. HIV-AIDs) 2. Dependent BH e.g. war » famine » malnutrition » diseases » less resistance to diseases » deaths 3. Trigger of disaster e.g. pest infestation-famine (Irish famine 1845-1848) Important factors of vulnerability on biological hazards: 1. Micro-environment; (risk at refugee camps e.g. poor water
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trust within her employees that all will be able to get the job done in order to strengthen the vision. Kanter’s Theory is one way of having this happen. Kanter’s Theory states that structural empowerment is focuses on the structures within the organization rather than individuals own qualities (Bradbury Jones‚ 2007). This theory states that leaders powers will grow by sharing the power through others and in result leaders will notice increased organizational performance. This is not only important
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Quality Management Organizations The American automobile industry chose to benchmark from the Japanese industry after they saw that they had gained the competitive advantage with better quality products. They did not understand the quality management concept and was not interested in using statistics for continual improvement. Edward Deming‚ an American citizen‚ was sent to Japan and taught his quality management concept using his 14 points for management approach because he believed that poor quality
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