Objectives of Business means the purpose for which the business is established. It is generally believed that the main objective of business is ta make profit and avoid loss. We do admit that profit is a driving force in undertaking any business activity but it is not the sole objective of any business. In the words of Urwick “earning of profit cannot be objective of a business any more than eating is the objective of living” . A business which is hunting after profits and ignores other objectives
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) and can facilitate communication but it can also inhibit it depending on the situation and in complex situations this can change between the two. There are many potential constraints for communication and some of these are shown in the case of Mrs. Romano. When working with linguistically diverse patients‚ these constraints can heighten and to effectively communicate with them you may need the aid of an interpreter or other external resources‚ as there can be very difficult language barriers to
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What is a learning objective? * A learning objective answers the question: What is it that your students should be able to do at the end of the class session and course that they could not do before? * A learning objective makes clear the intended learning outcome rather than what form the instruction will take. * Learning objectives focus on student performance. Action verbs that are specific‚ such as list‚ describes‚ report‚ compare‚ demonstrate‚ and analyze‚ should state the behaviors
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How Effective Is The UN? What Are The Constraints On Its Power? The United Nations‚ (UN) was originally established in 1945 for the purpose to “maintain international peace and security…to cooperate in solving international economic‚ social‚ cultural and humanitarian problems…and to be a centre for harmonising the actions of nations in attaining these ends.” In assessing whether or not the UN is an effective organisation‚ it is essential to acknowledge several important features of the establishment
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Some people believe that the NCAA should keep the academic majors how it is‚ but in all actuality the NCAA should consider offering sports as an academic major. Athletes who could major in the sport they enjoy playing can have the same enjoyment learning more about their sport and can potentially make a career out of it. Also Sports should be considered an academic major because if there are majors in theater‚ dancing‚ art and music then sports should be as well. Furthermore‚ athletes who can study
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Constraints in livestock sector in Pakistan LIVESTOCK IS an important sector in agriculture. It represents 52.2 per cent of agricultural value added and contributes 11 per cent to the Gross Domestic Product (GDP). Some 30-35 million rural people depend directly or indirectly on livestock f or their livelihood. It has potential to absorb more rural labour to reduce rural poverty if proper attention is given to this sector. Pakistan is proud to be the f if th largest milk producer in the world. In
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IEEE TRANSACTIONSON INDUSTRIAL ELECTRONICS‚VOL. 40‚ NO. 1‚ FEBRUARY 1993 Variable Structure Control: A Survey John Y. Hung‚ Member‚ IEEE‚ Weibing Gao‚ SeniorMember‚ IEEE‚ and James C. Hung‚ Fellow‚ IEEE Abstract-A tutorial account of variable structure control with brief discussions about its historical development are pre- sliding mode is presented in
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A. FIRM AND ITS OBJECTIVE: Conventional theory of firm assumes profit maximization is the sole objective of business firms. But recent researches on this issue reveal that the objectives the firms pursue are more than one. Some important objectives‚ other than profit maximization are: (a) Maximization of the sales revenue (b) Maximization of firm’s growth rate (c) Maximization of Managers utility function (d) Making satisfactory rate of Profit (e) Long run Survival of the firm (f) Entry-prevention
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The Case of the Variable Laminates The Case of the Variable Laminates Grantham University Experimental design is “a formal plan that details the specifics for conducting an experiment‚ such as which responses‚ factors‚ levels‚ blocks‚ treatments‚ and tools are to be used” (Sower 2010). An experiment where one variable is studied while the other variables are held constant can be inefficient and suffers from the inability to assess interactions among the variables as well as the interaction
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The terms objectives and goals seem to be interchangeable in many management discussions. The two terms are very different‚ and both are essential and fully compatible in results-oriented project management. Objectives drive the long term outcomes of the project. They reflect the overarching vision and expectations of the project sponsor and key stakeholders. Work streams are formed around objectives‚ as reflected in the horizontal bars in typical Gantt charts. Interim deliverables provide a
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