SUMMER SESSION – 2013 MASTER OF BUSINESS ADMINISTRATION- SEMESTER 1 ROLL No. : 1408000472 Nitin Baban Borkar MB 0038: Management Process and Organization Behavior Q.1 Define the terms “strategy’/. Explain the following: a) Corporate Strategy b)Business Strategy C)Functional Strategy Ans: Strategy means the grand plan and the term is borrowed from the military which distinguished between the grand plan and actual action by calling the former strategy and the latter tactics. Corporate strategy
Premium Leadership Management
The average (mean) annual income was less than $50‚000 Solution: Step1: State the Null and Alternate Hypothesis: Null Hypothesis: The average (mean) annual income was greater than or equal to $50‚000 H_0: μ≥50000 Alternate Hypothesis: The average (mean) annual income was less than $50‚000. H_a: μ 30 we shall use z-test for mean to test the given hypothesis. As the alternative hypothesis is Ha:μ0.40 ‚ the given test is a one-tailed (upper-tailed) z-test. Step3: Critical Value and Decision
Premium Statistical hypothesis testing Statistics Statistical inference
Why people work (3)? Почему люди работают? Though people work primarily to earn money‚ there are some other reasons that they work: enjoyment‚ honor‚ assistance to others‚ etc. For some people‚ to work is to produce something to enjoy themselves and others. Musicians compose songs and melodies that give pleasure to listeners. Writers create novels and stories that arise deep emotions in readers. Painters produce beautiful artistic works that appeal very much to the people who see them. But on the
Free Second language English language Lingua franca
Campus MANAGEMENT ACCOUNTING –II Assignment – II‚ Daniel Dobbins Distillery‚ Inc (Case Analysis) Submitted By: Rahul Srivastava (WMP08034) Vinay Joshi (WMP08045) ANALYSIS Company History * Founded in 1880 in Oakwoods by Daniel Dobbins. * Major product is Old Trailridge Bourbon Whisky * High quality of whisky due to the unusual iron-free spring water used in the distillation process and the specially prepared fire-charred white oak barrels used in the aging process. * David
Premium Inventory Wine Income statement
To someone who as never taken this course I would star off explaining all the different things I learned so far. Since the Learning Connection Inventory was first thing we learned I would also start off with this step. One thing I learned is the LCI can be used for your everyday learning. Since I first began this course my views of learning has drastically changed. I learned you don’t have to always do things the “traditional way”. Online courses have taught me to be more open minded. The definition
Premium Psychology
The development of Social Work in the United Kingdom‚ United States and Australia has developed and evolved‚ influencing people and professionals across the world. Social Work has advanced through welfare policies and programs with significant historical changes occurring and a shift in religious and political views allowing these changes to benefit members of society and address social issues. Key events such as the Elizabethan Poor Law‚ the industrial revolution‚ the first charity organised society
Premium Sociology Poverty Social work
CUSTOMER MANAGEMENT PROCESSES It becomes extremely important in today’s competitive world to outsmart the competitors not only by innovations in product and quality but to introduce new strategies in selecting‚ acquiring and maintaining a healthy relationship with the customers for the overall development of the company. The customer management processes involves: * Selecting a customer by creating customer segments based on the customer value proposition. Selection can be based on demographic
Premium Customer service Customer Marketing
Olsen DATE: 19 October 2012 SUBJECT: ANALYSIS OF THE WORKBOOK PROCESS As a leading pioneer in outdoor retailing and a company at the forefront of the movement for environmental sustainability‚ we write this letter in response to your request to evaluate your current Workbook Process and appraise the advantages as well as the drawbacks to the system. We are not in favour of the current Workbook Process for reasons that we will list for you. We feel that a company with such a reputation
Premium Management Balanced scorecard
situation of Omnicrons Pty Ltd Company and attempt to identify problems which result in declining sales and reduced profits since 2008. Methodology Research for this report is based on current literature about business process management and relevant companies‚ transcript of the management meeting‚ financial statements‚ and other miscellaneous information supplied by Omnicrons’ CEO. Findings The major findings indicate the lack of a streamlined computer-based business system‚ coordination amongst departments’
Premium Enterprise resource planning Management Process management
Customer Relationship Management “Customer relationship management is a comprehensive strategy and process of acquiring‚ retaining and partnering with selective customers to create superior value for the company and customers”. Importance of CRM * Identifying customer needs. * Identifying untapped business potential. * Identify strong & weak points of suppliers. * Benchmarking to achieve global excellence. * Help in rediscovering the customers and understanding them
Premium Marketing Customer service