on accomplishing a target that is obtainable‚ not out of reach. This way‚ everyone can work towards effectively reaching targets efficiently instead of struggling to achieve the impossible. The benefits include fast and reliable compliance and completion of tasks at hand 1.4 Explain how to agree realistic targets When speaking to a senior employee you will gain respect by being straight about how much you can do. If you set too easy a target for yourself you won’t be pushed to improve yourself
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Build and maintain business relationships Developing and maintaining business relationships 2 Relationship management 2 Benefits of developing business relationships 3 Adhering to organisational requirements 3 Building trust 5 Trust techniques 5 Negotiating positive outcomes 8 Negotiation skills 8 Phases of negotiation 10 Effectively managing conflict 12 The causes of conflict 12 Recognise the signs of conflict 13 Conflict handling methods 15 Conflict management techniques and tactics 17 Developing
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Statement of Cash Flow (Cash Flow Statement) describes the changes in the cash position of a company during specific period of time. In business as in personal finance‚ cash flows are essential to solvency. Solvency can be described as the degree to which the current assets of an individual or entity exceed the current liabilities of that individual or entity. Cash flow is crucial to an entity’s survival. Having ample cash on hand will ensure that creditors‚ employees and others can be paid on
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It can be easy to think that large employers like General Electric who attract 50 applicants per postor super brand employers like Google – who reportedly received 75‚000 job applications in a week have it easy when it comes to attracting talent. Disregarding the speculative applications‚ these applicants can simply place an ad‚ and‚ thanks to the power of their expertly developed super brand‚ the applicants come rolling in. Of course‚ we know its not that easy‚ the employer super brands are looking
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has become a major problem in the United States. Some blame the obesity epidemic on fast-food restaurants‚ others blame it on the person consuming the food‚ and others blame the government. All of these are factors in the problem‚ but the government can make a difference in reducing the rising issue of obesity by providing school-age children with healthy but enjoyable eating options in their schools‚ putting more restrictions and regulations on fast-food advertising‚ and requiring fast-food restaurants
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Financing working capital Working capital management is the management of the net of current assets and current liabilities with the objective of reaching the right balance between profitability and liquidity. The aim of managing inventory (stock)‚ trade receivables (debtors)‚ cash‚ trade payables (creditors)‚ is to obtain the right balance of all the current assets and current liabilities at any given time so that the achieve the objectives of working capital management in the form of profitability
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IMPORT FINANCING Background Like other developing countries‚ Pakistan’s import bill exceeds exports. Therefore‚ it faces scarcity of foreign exchange to meet its import requirements. According to daily “DAWN” dated 18th November 2012‚ Pakistan’s foreign exchange reserves were USD 13.84 Billion at the week ended as on 9th November 2012. Gap between the import and export bills is partially covered by regulations‚ controls and measures exercised by State Bank of Pakistan and partially by the
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application of resources to minimize‚ monitor‚ and control the probability and/or impact of unfortunate events or to maximize the realization of opportunities. Risk management’s objective is to assure uncertainty does not deflect the endeavour from the business goals. SCOPE: Every failing project I’ve seen has had an informal scope of "the sun‚ the moon‚ the sky and the stars." In other words‚ management and the end users are convinced that they must have and will receive the perfect solution right out
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Cottrell. Creative thinking can benefit any aspect of life‚ including academic study or our working day. All too often‚ we act as if creativity were the preserve of a special breed of people – great artists‚ musicians‚ designers and inventors. However‚ you don’t need to be good at drawing or painting or music in order to be creative. Because of this misperception‚ we can tend to underestimate our own capacity for creativity and the wide range of situations to which we could apply creative thought.
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live; diversity can take many form from race‚ gender‚ beliefs‚ age‚ sexual orientation it could either hurt people or help people in different ways. Multiculturalism is one of the best way people can help each other no matter what it is. Diversity help many students learn better having a friend from a different culture help them fit in. Work diversity is most popular now because there are many people who are working. Multiculturalism one of the best way people or group can help one another no matter
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