organisations are concerned with how their business will survive and prosper in future. In contemporary terms‚ most business strategies are recognised with a plan as part of or a set of intentions that will set theirr long-term directions of their actions that are needed to ensure future organisational success. Thus‚ no matter how strong their plan is or how noble their intentions‚ are‚ any organisation’s strategy can only become a meaningful reality‚ in practice‚ if it’s operationally instigated. Every
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Group Project: Lesson Plan Topic: Product Prepared by: Nadiah‚ Jolyn‚ Zurinah‚ Farhana‚ Eva Details Objectives Specify what your fellow classmates should know at the end of your lesson. 1. Define product 2. Describe the facilitating-supporting factors of the core product 3. Describe the life cycle (behavior) of the product 4. Suggest ways on how to improve the core product Information State briefly the information you will give to your fellow classmates per objective. Objective 1: Define
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Operational Reorganization Program Our company is downsizing‚ facing major budget cuts‚ reorganizing departments and instituting a cross-training program for employees. It ’s imperative that we effectively manage these process changes and transition into a more productive organization. A goal setting‚ motivation and stress management program is required to assist employees and management during this transitional time. As we are all aware‚ we must make our company more responsive to an increasingly
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Planning WellCare Health Plans‚ Inc. was founded in 1985. The company is headquartered in Tampa‚ Florida and offers Medicaid and Medicare managed care health plans for over two million members. It offers “health plans for families‚ children‚ the aged and disabled‚ and provides prescription drug plans” (WellCare‚ 2014). Wellcare employs over 5‚000 employees (SWOT Analysis‚ 2014). This paper will outline strategic and operational plans for WellCare‚ describe how these plans will achieve the goals
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It is imperative that commanders and leaders possess a thorough understanding of their respective dynamic Operational Environment (OE) in order to efficiently utilize available resources to achieve the desired end state. Understanding the physical environment‚ the state of governance‚ technology‚ local resources and the culture of the local populace is absolutely vital and failure to do so leaves little chance for success. When considering the OE the following factors need to be examined; ideology
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MEMORANDUM To: Barbara Thomas‚ Hiring Manager From: Tracy Jones‚ Bookkeeping Manager Date: November 26‚ 2012 Re: Operational Gap-Exceptions Overdraft Analyst This memorandum is to inform the hiring manager of Seaway Bank of an operational gap that needs to be fulfilled immediately within the Bookkeeping Department. As you know Seaway Bank has a reputation for loyalty not only to our customers‚ but to our employees as well. We also have a reputation that ensures that we provide quality service
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NATURE OF OPERATIONAL AUDIT • Also known as management audits and performance audits. • Conducted to evaluate the effectiveness and/or efficiency of operations. • Examinations of all or part of an entity to determine the degree of its operational efficiency‚ effectiveness and economy. • Also refers to the auditor’s study of business operations for the purpose of making recommendations about economic and efficient use of resource‚ effective achievement of business objectives
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International Marketing Plan for SABRA GROUP Presented to: Dr. Nehal Elnaggar Presented By: Mohamed Sabra Ahmed Farouk Index * Introduction * Market vision * Mission * Goals * Classifying our customers according to Their Job‚ business sectors‚ country * The marketing strategy stages * SWOT Matrix * Competitive & Cooperative Tactics * Competitive Advantage * Pricing Strategy * Marketing Strategy * Customer Service for gaining loyalty
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References: Pearce‚ J.A.II‚ & Robinson‚ R.B. (2004). Strategic Management: Formulation‚ implementation‚ and control (9th ed.). New York: McGraw-Hill. PlanWare‚ (2009); Business Planning Papers: Developing a Strategic Plan‚ retrieved 2009 from‚ http://www.planware.org/strategicplan.htm#1 Thompson‚ A.A.‚ Gamble‚ J.E.‚ & Strickland‚ A.J. (2006). Strategy: Winning in the marketplace: Core concepts‚ analytical tools‚ cases (2nd ed.). New York: McGraw-Hill
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Operational Management Chapter 1: Strategy and competitiveness OM (Operational Management) is use to create customer value through effective processes in both product and service-based organization. Core competence A bundle of skills that enable a firm to provide the greatest level of value to its customers in a way that is difficult for competitors to match and that provides for future growth. Core competences are embodied in the skills of the workers and in the organisation. They are developed
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