Q1;Relationship between Goals Objectives and Policies Goals are ; *broad plan *having generic action *goals are intangible in nature and cannot be measurable *they are long term *the main aim of the goal is toward which an endeavor is directed *and it is based on ideas Objectives; In contrary to goals‚ objectives are; *narrow plan *specific actions are taken out to achieve objectives *they are measureable and are tangible in nature so that it is easy for the organization to check
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1.4 Objective of the study 1.4.1 General objective To develop an Automated Inventory Systems that allows RAB Telecom employees to input their inventory and track the products that are delivered and sold. Can also be used to access and organize data in a quick and efficient manner. 1.4.2 Specific objective To provide a computerized system that can add‚ edit‚ save‚ delete‚ search‚ and update files. Help control the inflow and out flow of the company products. It will also help
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HUMAN BEHAVIOR IN ORGANIZATION 1. Conflict is the struggle that arises when the goal-directed behavior of another person or group. Whether conflict benefits or harms an organization depends on how it is managed. There are four basic types of conflict and combination of these that can arise in an organization. 1. Issue conflict -is usually a disagreement between two or more groups arising from differences in organizational viewpoint. 2. Intrapersonal - conflict between two individuals
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Economic Objectives Business is basically an economic activity‚ its primary objectives are economic. The economic objectives of a business are to earn sufficient profit to give reasonable reward to the investors of capital and to provide funds for expansion and diversification. The main economic objective of business may be described as under: (a) Earning Profit: Business activity is undertaken for earning profit. Profit is the basic incentive to business pursuits. It is the most important objective
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GOALS AND OBJECTIVES OF FLAVORITE What happens if you drive your car without having a destination? You go around in circles. The same way in business success. You cannot achieve success without first being very specific about what you would like your business to be like when it is “done”‚ to define exactly what success means to YOU. The Goal of Flavorite is to be an inspiring restaurant in having an excellent and interesting food and services‚ not only great food selection‚ but also efficient
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What are the objectives of business? Every business enterprise has certain objectives which regulate and generate its activities. Objectives are needed in every area where performance and results directly affect survival and prosperity of a business. Various objectives of business may be classified into four broad categories as follows: 1. Economic Objectives: Business is basically an economic activity. Therefore‚ its primary objectives are economic in nature. The main economic objectives of business
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A. FIRM AND ITS OBJECTIVE: Conventional theory of firm assumes profit maximization is the sole objective of business firms. But recent researches on this issue reveal that the objectives the firms pursue are more than one. Some important objectives‚ other than profit maximization are: (a) Maximization of the sales revenue (b) Maximization of firm’s growth rate (c) Maximization of Managers utility function (d) Making satisfactory rate of Profit (e) Long run Survival of the firm (f) Entry-prevention
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vs Objective In stories‚ newspapers‚ and the spoken word‚ people all over the world are trying to convince you to think as they do. They are bombarding you with facts and figures‚ opinions and projections. It is up to you to create order within this chaos and find the patterns that will help you to understand what is true‚ what could be true‚ and what is outright false. In order to do all this‚ you need to have a firm grip on what is objective and what is subjective. Definition of Objective and
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Internet has become one of the basic needs for mostly peoples; we can’t expect our daily life without internet. If we observe‚ we can easily check out the fact that how internet has dominated in our lives and we are very much dependent on internet. Earlier internet wan the source to collect information only but as time and technology changing day by day‚ lots of new trends is coming and our daily life has shifted on Internet. If we want to explore any new palace‚ we use internet‚ if we want to go
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Internet is defined as an enormous communication network that comprised of large group of computer network which are interconnected all around the world. Internet has become an undeniable part of our human life. As we know‚ internet usages are worldwide. We can possibly say it as the most important tools for our human to get world wide information as well as interact with each other. We all know that the time for the people to use internet is unlimited. Wherever we are‚ as long as we have an internet
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