Topic: Training and Employee Development I. Introduction: a. Audience Hook: Have you ever thought of what it takes to have a strong organization? I’ve spent 10 years’ in the production and manufacturing environment investigating the belief that in order for performance to be improved‚ organizations need to have trained and experienced people. (Fareed 2009) states that “Training is a way to create confidence among the employees so that they can operate the tasks without any obstruction‚ with
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HISTORY OF TRAINING AND ITS DEVELOPMENT It has been a way of life that‚ the trades of adults have been taught to children to prepare them to face the real world. During the course of time people have changed‚ become more intricate and along with them‚ the skills applied and the tools used to do the work have also transformed. In a situation to manage these changes in the production‚ and substance of operation‚ job training also evolved In olden times‚ the kind of work that people did was mainly
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Focus BPR from Dell Inc. In recent centuries‚ market conditions are changing all the time. Tens of thousands of enterprises are faced with severe challenges due to the increasingly fierce competition. The competition makes customers have more choices for commodities as well as higher requests to services. What should companies do for the sake of gaining a foothold and developing their own advantages? Most of them had already found the answer – business process reengineering. Business process
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Explain how a market orientation affects a company. Critically evaluate alternative orientations. Illustrate your answer with relevant examples. A market orientated organisation embraces activities geared towards understanding the customers needs and developing products‚ solutions and delivering services achieve superior customer satisfaction. In order to achieve a market orientated organisation‚ all business units must work and act together towards the one common goal of achieving long-term
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soff’s ansoff product-market matrix The Ansoff product-market matrix helps to understand and assess marketing or business development strategy. Any business‚ or part of a business can choose which strategy to employ‚ or which mix of strategic options to use. This is one simple way of looking at strategic development options: [pic] Each of these strategic options holds different opportunities and downsides for different organizations‚ so what is right for one business won’t necessarily
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Product positioning in Five Easy Steps You were alwaYs on mY mind Product positioning is what comes to mind when your target market thinks about your product compared to your competitor’s products. When you hear Rolls Royce automobile‚ what do you think? Probably: highest-end luxury and exclusivity. That’s their positioning. There’s no confusing the positioning of Rolls Royce and Hyundai. Why is positioning important? Product positioning is a crucial ingredient in the buying process and should never
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Describe how marketing techniques are used to market products in these 2 organizations. A definition of marketing : The management process through which services move from concept to the customer. It includes the four elements called the 4 P’s of marketing: 1. Product - identification‚ selection and development. 2. Price - determination of its price. 3. Place - selection of a distribution channel to reach the customer. 4. Promotion - development and implementation of a promotional strategy
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ethical conduct within an organization‚ usually‚ a company would organize for ethical business policies‚ for example‚ establishing codes of ethics combined with training programs‚ or/and execute these ethical policies which means “leadership in delegation‚ communication and motivation of the company’s ethical position to employees” (Murphy 1988‚ p.907). The comparison of the effects of these two approaches bring the question of which is more effective for shaping long-term ethical behaviors in
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Literature Review: According to Casse and Banahan (2007)‚ the different approaches to training and development need to be explored. It has come to their attention by their own preferred model and through experience with large Organisations. The current traditional training continuously facing the challenges in the selection of the employees‚ in maintaining the uncertainty related to the purpose and in introducing new tactics for the environment of work and by recognizing this‚ they advising on
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1 Introduction Market is a particular products and services to be exchanged between a significant group of buyer and sellers for a price for market benefit. There are mainly two types of market. 1. Perfect or Pure Competition Market 2. Imperfect Competition Market a) Monopoly Market b) Oligopoly Market c) Monopolistic market d) Duopoly market e) Monopsony Market Among those markets we have chosen oligopoly market for our report. An oligopoly the domination of a market by a few firms
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