THE MANAGEMENT PLANNING FUNCTION Planning - is determining what needs to be done‚ when‚ by whom‚ how‚ and within what cost in order to achieve an objective. It is the work that a manager performs to predetermine a course of action. * Provides the means for achieving a purpose‚ makes the best use of resources‚ makes a manager’s work easier‚ encourages teamwork‚ and forms a base for control. It is based on assumptions‚ involves change
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Case: Marks & Spencer’s versus Zara’s Operations Marks & Spencer (M&S) is a major British retailer of clothing‚ food and financial services. Over 30 million customers are served per month in more than 300 UK stores‚ besides the many international locations. The company was established in 1884 and now it has over $17 billion in annual sales with the highest profit margin in the retailing industry. M & S is encountering some difficulties in logistics because it has lengthy logistics procedures
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Marketing – YEAR 3 Marketing Planning ZARA Course code/Class: 21905F/3D Group members: Chan Oi Yee (3) Chan Wing Sum (4) Cheng Jacqualine Wing Chun (5) Chiu Ka Man (9) Fong Ka Man (13) Leung Hoi Yi (22) Lecturer: Ms Cherry Tsui CONTENT INTRODUCTION EXCECUTIVE SUMMARY SITUATION ANALYSIS (PEST) SITUATION ANALYSIS (SWOT) SITUATION ANALYSIS (5 FORCES) OBJECTIVES (SHORT TERM) OBJECTIVES (LONG TERM) OBJECTIVES (PULLBACKS) TARGET MARKET MARKETING STRATEGIES FINANCIAL PLANNING IMPLEMENTAION CONTROL REFERENCE
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Investigation 11 Specific heat capacity Aim: Investigate to determine the specific heat capacity of a metal cube provided Apparatus: -thermometer -stirrer -water -calorimeter -beam balance -metal cube -beaker Procedure: Using the normal equipment for Thermal Physics investigations‚ you are required to design and carry out an investigation to determine the specific heat capacity of a metal cube provide by teacher. Furthermore‚ you will need to compare your obtained value with
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Southwestern University With the rising demands of a successful football pro gram‚ the campus police chief at Southwestern Uni versity‚ John Swearingen‚ wants to develop a 2-year plan that involves a request for additional resources. The SWU department currently has 26 sworn offi cers. The size of the force has not changed over the past 15 years‚ but the following changes have prompted the chief to seek more resources: · The size of the athletic program‚ especially foot ball‚ has increased. · The
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Planning means looking ahead and chalking out future courses of action to be followed. It is a preparatory step. It is a systematic activity which determines when‚ how and who is going to perform a specific job. Planning is a detailed programme regarding future courses of action. It is rightly said “Well plan is half done”. Therefore planning takes into consideration available & prospective human and physical resources of the organization so as to get effective co-ordination‚ contribution &
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Summary: Reserve Margin Planning in a Wind-Hydro-Thermal Power System A detailed analysis for the power system operation planning is the foremost matter to keep the reserves margin. The reviewed journal paper includes the considerations on wind speed forecast uncertainties‚ system load forecast uncertainties‚ ramp rates of thermal units and spinning reserves. Also‚ instantaneous‚ fast and slow reserve margin at each hour of the planning period is analysed. Thermal plant is the dominator of power
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MAYUR S. JAGTAP BVIMSR‚ MMS 2ND Yr. (OPERATIONS) GROUP II DATE: 6/10/10 ZARA: RETAIL @ THE SPEED OF FASHION CASE STUDY Q.1.How does ZARA manages more styles? Ans: - Zara’s success from the perspective of time-based competition. While most of people attribute Zara’s time-based success to its extremely short lead time and regard Zara as a benchmark for speed Managing more styles is possible for Zara mainly because of the shorter lead time (2-4 weeks) compared to industry average
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1950 which states: “All agreements are contracted if they are made by the free consent of parties competent to contact‚ for a lawful consideration and with a lawful object‚ and are not hereby expressly declared to be void.” Competency refers to the capacity of being an adult‚ having a sound mind and not forbidden by law to enter any contract (e.g‚ bankruptcy). This principle is based on section 11 of the Contract Act 1950 which provides that “every person is competent to contract who is of the age of
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An insight into Zara as a Born Global Executive Summary Zara was first established just outside of Spain in1988‚ in 1994 Zara expanded into France and Mexico (Bhardwaj et al‚ 2010). Zara is owned by the INIDEX group in which it contributes to 64.8 per cent of total company sales (Inidex annual report‚ 2011) which was a 10 per cent growth on the previous fiscal year. Zara now has over 1830 stores worldwide across 82 markets in 64 countries‚ with plans to move into Korea‚ Egypt‚ Ukraine and Montenegro
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