What is The Goal? What is the goal of organization? The goals -> create values for customers -> generate profits. Profits can increase by increases in unit margin and/or sales volume. Metrics of profits: Net Profit ( or Net Income) = Sales Revenue – Operating Costs ROI = (Gains from Inv. – Cost of Inv.)/ Cost of Investment Cash Flow How operational decisions link to financial & market performance? Cash Flow Throughput Time Inventory Operating Costs
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Goal Setting Setting goals is one of the most important things you can do in your life. When setting goals you need to write them in several time frames‚ reflect on your goals and reward yourself when achieving your goals. Without goals life can be an aimless journey lacking positive direction and achievement. When setting direction to success you must make good choices on the path you are going to choose. Goal setting can be broke down into three different time frames. The first is long term
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S.M.A.R.T. Goals A goal is something that you aim for. It’s something you want to do‚ be‚ or have in the future. It points you in the direction that you need to take to accomplish your purpose. Smart goals are goals that are specific‚ measurable‚ realistic‚ and time-bound. They can be classified as short-term‚ intermediate‚ or long-term. Smart goals should be meaningful to you and should be written down as a reminder to oneself. It is vital that people set goals for themselves. It is even more
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Course goal 3 Develop student skill in the application of strategic concepts and tools to real organizations Outsource the function requiring the capabilities to a key supplier or another provider. Collaborate with a firm that has complementary resources and capabilities in a joint venture‚ strategic alliance or other type of partnership established for the purpose of achieving a shared strategic objective. Engage in a collaborative partnership for the purpose of learning how the other
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Goal #1: To develop a better and more qualified understanding of the child and youth work field. Specific: By accomplishing this goal I will have the professional knowledge and slight experience of what is needed and expected of me in the child and youth work field. Measurable: I will know that I have achieved this goal when I am able to comprehend the knowledge that I have learnt and demonstrate it in the field. Achievable: This goal is achievable with effort and commitment to learning
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Goals of Sentencing There are five goals of sentencing: punishment‚ deterrence‚ incapacitation‚ rehabilitation‚ and restitution. Punishment‚ also called retribution is society’s way of getting revenge on a criminal for the harm they have caused. Retribution is society’s way of getting revenge or feeling like they got even with a criminal. In society a crime not only harms the victim of a crime‚ but society as well. A criminal’s injurious actions may outrage society as a whole. This creates the
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How did music begin? What did the first music sound like? Music is all around us and is a large part of many of our lives. It exists in every culture across the globe. Yet‚ we often don’t stop to think about how music came to occupy this position. Who first thought of music? Who produced the first melodies and songs? How did music develop as such an important aspect of our lives? The search for answers to these questions leads us thousands of years into the past. Harper playing before Shu Scholars
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Introduction This essay will explain the goal setting theory. I will review theories related to goal setting. Then I will apply the theories to a work example. Lastly‚ I will provide recommendations based on the theories. Literature review: Goal setting is a theory of motivation‚ which may give employees a sense of purpose‚ challenge‚ and meaning to their work as well as a sense of accomplishment (Latham 2007‚ p. 62). Effective goal setting has according to Medlin and Green (2009‚ p. 952) been
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Unit 3 S.M.A.R.T. GOALS ACTIVITY Worksheet Name: List a short-term‚ intermediate‚ and long-term educational or professional goal in the column on the right. Make sure you fill in the boxes to ensure each of your goals is specific‚ measurable‚ attainable‚ realistic‚ and timed. Short-Term Goal What is your short-term goal? My short-term goal is to obtain a position as an SIU investigator with my current employer. Is this goal specific? Yes. It will allow me to build my skill set and
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each: 1. Describe one academic goal that you have created using the SMART criteria. How do SMART criteria contribute to your academic goals?. One academic goal I have created using the SMART is getting my degree in business management‚ the reason is this goal has a lot to do with my professional goal. The main goals in my life are academic and professional‚ for me to get a good career. My goal has to be accomplished first to accomplish my professional goal. 2. Describe one
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