1)Can improve Safety.
2)Improve morale.
3)Increase productivity.
4)Reduce the PPM levels
5)Promote Innovation & Creativity.
6)Reduce costs & improve internal efficiency.
7)Becomes a learning organisation.
An education in Business management will effectively prepare one to effectively address the issues concerning business, as well as make one to be proactive in the business field.
to state the reason for the existence of a business
Policies help businesses carry out their strategic objectives. When the business strategy changes, so will their policies. Strategies change as the business environment changes.
It is the opposite of reactive, which is waiting for failure. Proactive is the changing of parts before they fail. As an example, on a scheduled down day, major components are checked for wear. Depending on the process, this can be very time consuming, but the efficiency and the reliability of the process is greatly increased. Although not a foolproof solution, failures can still occur but instead of major components failing with a greater or longer downtime to repair the problem, smaller parts may fail but can be replaced much quicker. Some parts cannot be checked for they are what is called 'black boxes', which will operate for so long before they fail, and because they are less expensive you wait for them to fail and then react to the failure. Another example of proactive planning: lighting studies done for lighting efficiency for larger factories or buildings which suggest replacing lamps at eighty percent spent or used before they expire. Proactive planning is the concept of planning AHEAD of the actual event, to be prepared for it (whatever it is). By being proactive you avoid being over-run by the event, and have plans and procedures in place to cope with it (whatever it is). Emergency organizations, like police and EMS have plans for future events like riots, floods or earthquakes, you should, too. In business, it is always good to be prepared. I hate the term "proactive planning." It's redundant -- a pleonasm, if you will. One cannot reactively plan. You can be reactive or you can be proactive. You can wait for stuff to happen and then react, or you can anticipate stuff and plan for its occurrence. Planning, by its very nature, is proactive. It doesn't need the attributive proactive. (Now I'm being redundant.) For another (longer) explanation of Proactive Planning click...http://www.wikihow.com/Be-Proactive
Where an organisation organize a business..The term business organisation means "a commercial or industrial enterprise and the people(a group of team) who constitute it".. The organisation may be focusing on goods,services, or both to consumers or tertiary business in exchange for money.Organisation will focus on products or service in simple!!
Industrial relations is the business unit that manages the human resources, employment relations and personnel. Concepts of this includes creating the distinction between employee relations and industrial relations as well as the distinction between labor law and employment laws.
The relation which is caused during business time
Waldo Emmanuel Fischer has written: 'The role and function of industrial relations in the business organization' -- subject(s): Industrial organization, Industrial relations
A. R. Mattoo has written: 'Industrial relations in public sector undertakings' -- subject(s): Government business enterprises, Industrial relations
John Desmond Glover has written: 'The administrator; cases on human relations in business' -- subject(s): Industrial relations, Personnel management 'The administrator; cases on human aspects of management' -- subject(s): Industrial relations, Personnel management
Barry L. Reece has written: 'Perrin, Effective Human Relations With Study Guide/activities Manual, 9th Edition Plus Perrin, Pocket Guide To Apa' 'Effective human relations in business' -- subject(s): Industrial Psychology, Interpersonal relations, Personnel management 'Effective human relations' -- subject(s): Industrial Psychology, Interpersonal relations, Personnel management 'Human Relations Brief 6th Edition Plus Hmco Portfolio Assessment Cd 10th Edition' 'Business' -- subject(s): Business, Business enterprises, Industrial management 'Effective Human Relation + Study Guide/Activity Mmanual 9th Ed' 'Food marketing' -- subject(s): Food, Food industry and trade, Grocery trade, Marketing, Vocational guidance 'Effective human relations in organizations' -- subject(s): Industrial Psychology, Interpersonal relations, Personnel management, Direction, Relations humaines, Psychologie du travail, Personnel
Don Wohlenhaus has written: 'Wingin' it' -- subject(s): Emotions and cognition, Industrial Psychology, Interpersonal relations, Psychological aspects, Psychological aspects of Success in business, Psychology, Industrial, Success in business
Harold Brayman has written: 'Corporate management in a world of politics' -- subject(s): Business and politics, Industrial management 'Developing a philosophy for business action' -- subject(s): Corporations, Public Relations Seminar, Public relations
Ying Lun So has written: 'Explaining guanxi' -- subject(s): Business networks, Corporate culture, Industrial sociology, Interorganizational relations, Interpersonal relations
what are the 4 reasons of business existence?
Alan H. Anderson has written: 'Effective business policy' -- subject(s): Industrial management, Organizational effectiveness, Strategic planning 'Effective labour relations' -- subject(s): Industrial relations 'Effective marketing' -- subject(s): Marketing, Management 'Effective entrepreneurship' -- subject(s): Industrial management, Entrepreneurship
Reeta Mathur has written: 'Recent Trends in Indian Economy - 3 Vols' 'Economic Analysis' 'Industrial relations in public enterprises' -- subject(s): Employees, Government business enterprises, Industrial relations, Iron and steel workers, Personnel management, Steel industry and trade