PRICING METHODOLOGY Pricing methods adopted by an organization determines the values attached to its products. Pricing determinant can be Internal or External. An Internal pricing determinant is one that is controlled by the marketer while the external is not controllable by the marketer. We shall be considering the following types of pricing models: PRICE DISCRIMINATION: Price discrimination is the practice of setting a different price for the same product in different segments to the market.
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(1.1) The organisational structure used in a company is intended to form relationships‚ motivate‚ increase productivity‚ co ordinate and provide direction between employees. According to the business dictionary (2013)‚ an organisational structure is the hierarchical arrangement of lines of authority‚ communications‚ rights‚ and duties of an organisation. It determines how roles‚ power and responsibilities are assigned‚ controlled and coordinated and how information flows between different
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1) Various managerial techniques used to motivate people Motivation is the act of stimulating someone or oneself to get a desired course of action‚ to push the right button to get a desired result. Motivation has been shown to have roots in physiological‚ behavioral‚ cognitive‚ and social areas. Various managerial techniques used to motivate people A) Monetary or financial incentives Monetary incentives are offered in terms of money. Such incentives provide more cash or
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Unit Manual Copy right Author Editor Version Programme Unit 2012/13 Nelson College London Dr. Imran and Nazim Uddin Nazim Uddin V1-December 2012 HND Business Organisations and Behaviour Organisation Behaviour and UNIT MANUAL- HND Business- Organisations and Behaviour TABLE OF CONTENTS Organisational structures and culture..........................................................................................3 Impact of organisation’s structure and culture on the performance of the business
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ASSIGNMENT - Business Research Methodology How to write Research Purpose‚ Objectives and Summary Syed Qasim MBA Question No. 1 State research purpose‚ objectives and summarize each article with reference (i.e. literature review format). Case Study No-1 Human Resource Management Practices: A Case Study of the Supply Chain Department of Square Pharmaceuticals Ltd. Reseach Purpose : The purpose of this study is to ensure that at all times the business is correctly staffed by the
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ORGANISATIONS AND BEHAVIOUR LO1 1.1‚ 1.2 This essay aims to identify the key elements between organizational structure and culture Organizational structure can be described as the framework in which an organization operates. There are three main types of organizational structure: functional‚ divisional and matrix structure. A functional structure is set up so that each portion of the organization is grouped according to its purpose
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ALSHAIKH | |DEVANG BHAVSAR | ABSTRACT The purpose of this paper is to illustrate and investigate the supplier evaluation process by a multiple case study methodology for the organisation‚ Company to select the impeccable ERP vendor. Tangible and intangible benefits of selected enterprise resource planning packages and in particular managerial‚ strategic‚ information technology and organisational benefits of these packages
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MOTIVATION IN WORKPLACE Faith-based International Charity Background This faith-based humanitarian organisation based on the philosophy of Islam and Quran that if you save the life of one person; you saved mankind. Therefore‚ it promotes humanity in its operational areas. However‚ due to its identity of being an Islamic organisation‚ the funds are mainly generated through Muslim philanthropists and other means such as Zakat. In essence‚ Islamic identity has been the motivating factor
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Unit 201 : Improving Productivity Using IT Unit Code : 201 Unit Code Reference : J/502/4156 QCF level : 2 Credit value : 4 Guided learning hours : 30 Unit Summary This unit is about the skills and knowledge needed by the IT User to plan and review their use of predefined or commonly used IT tools for activities that are at times non-routine or unfamiliar. As a result of reviewing their work‚ they will be able to identify and use automated methods or alternative ways of working
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Reasons for staff morale being low maybe because of i. Lack of proper training ii. Too much work on an individual iii. Poor maintained staff facilities eg‚ trolleys iv. Use of poor scheduled methods of cleaning v. Lack of goal attainment. Lack of proper training of the staff is going to bring down their motivation to do their work since they are never going to be comfortable with their work. Lack of training amongst the staff will mean the supervisors will have to follow the employees around
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