Decision-Making Process An individual ’s decision-making process is an important when it comes to making decisions that can effect one ’s family and way of life. The decision-making process is also a important part of the management structure when associated in the business world today. According to the text there are six important steps in the decision making process. The steps are as follows: (1) identify and diagnose the problem‚ (2) generate alternative solutions‚ (3) evaluate alternatives
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Discuss the extent to which the Zambian economy has benefited from using FDI‚ cite examples Development process must encompass improvements in production of goods and services which essentially aim at raising the standards of living of society’s social‚ economical‚ political‚ environmental and administrative structures (Gabas‚ 1993)‚ with development comes improved education‚ health‚ social and economic benefits of the citizenry. However‚ for development of the country to take a predictable route
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region‚ there is a risk of diluting effectiveness‚ and if the group becomes too small‚ the company will lose the benefits of economies of scale. There are often very large customers that provide a large portion of a suppliers business. These single customers are sometimes distinctive enough to justify constituting a segment on their own. This variable should be relevant to a substantial group of customers‚ such as parents who have children. * Identifiability and measurability: Is
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A Term paper on CUSTOMER SATISFACTION AND BEYOND Subject: Sales management Submitted to: Mr. Raghunathan Submitted By: Group: 13 Praveen Kumar Jha (09234) Ravi Teja Reddy. S (0409020) Ramya. K (09238) Shwetha Reddy. T (0409018) Krishna Sumanth .C (0409004) Executive summary: Business industry today is complex. There are big competitions in every business. That is why many research and study are being conduct for their continuous growth. Customer’s loyalty is one factor that can
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finding the way to treat the customer in appropriate way to keep them satisfied. More satisfied client‚ better profitably for the companies. Respect is a fundamental value underlying human relationships. Respect for customers is an essential ingredient of long-term performance. It means paying attention to the clients rather than being insensible‚ ignoring it‚ or avoiding or dismissing it. Good leaders bring respect to the forefront for the good of the company‚ for their brand image and customer loyalty
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The Customer is Always Right There is a popular saying in business‚ “The customer is always right.” Originally coined by Harry Gordon Selfridge‚ the original meaning suggests that “a company’s keenness is to put the customer first.”1 Ultimately this phrase indicates that businesses must be aware that their customers are the essence of their business. Without customers‚ the business would seize to exist. I concur with this philosophy as customers are the fundamentals to any business or organization
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Environmental Fortitude Western society is founded on a principle of convenient consumerism; however‚ this easy living comes at a high environmental cost. Individuals today are pushed to buy the latest fashions‚ the newest electronics‚ and the best imported foods the world can offer. Consume‚ consume‚ consume! In recent years‚ a growing focus on global warming has brought discussion of the effects of such lifestyles into the focus of mainstream media. This new emphasis on “going green” has opened
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The need of having just‚ effective and acceptable laws that govern the society has led to the thinking of having a body which makes those laws‚ the obvious choice has been the creation a body consisting of elected representatives that is parliament‚ but this does not mean its always perfect in performing the mandate .There are several shortcomings in the making ‚interpreting and execution stages . Laws made in parliament require further interpretation by other arms of government of which this
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From the mid-1980s onwards‚ plastic bags became common for carrying daily groceries from the store to vehicles and homes throughout the developed world. As plastic bags increasingly replaced paper bags‚ and as other plastic materials and products replaced glass‚ metal‚ stone‚ timber and other materials‚ a packaging materials war erupted‚ with plastic shopping bags at the center of highly publicized disputes. Although few peer-reviewed studies or government surveys have provided estimates for global
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Defining Environmental Crimes Environmental crime is a serious and growing concern at national as well as international level‚ and one which takes many different forms. Environmental crime in broad terms means an act which is committed with the intention of damaging or causing damage to the ecological and biological systems to ensure business or personal benefit. The types of acts commonly recognised as environmental crime are: pollution or other contamination of air‚ land and water; illegal discharge
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