What are the principal forms of business organization?
The principal forms of business organization include sole proprietorships, where one person owns the business, and corporations, which are legal entities separate from their owners, often with shareholders and a board of directors.
Kitchen management refers to the ability to operate a kitchen and the staff simultaneously. The better the manager is at doing this, the more successful the kitchen will be.
Who are the practitioners of project management?
Project managers and project management teams, project sponsors
Do you like project management institute?
Yes. The PMI (Project Management Institute) is the premier institute that determines Project Management processes and methodologies.
What are the advantages of break even?
Following are advantage of break even:
Can management be learned through books or only through experience?
In any skill, one who relies solely upon "book learning" or their own experience is a fool. To rely only upon one's experience is to fail to learn from the vast lessons of the experiences of others. You wind up making easily-avoided rookie mistakes. On the other hand, one who only learns from books really isn't learning. They're just memorizing trivia. The lessons contained within books have resonance when they fit in with a practical working knowledge of the subject/practice.
What is the nature and scope of supply chain management?
The management of the flow of goods is supply chain management. It is defined as the "design, planning, execution, control, and monitoring of supply chain activities with the objective of creating net value, building a competitive infrastructure, leveraging worldwide logistics, synchronizing supply with demand and measuring performance globally." It encompasses the movement and storage of raw materials, work-in-process inventory, and finished goods from point of origin to point of consumption, and interconnected or interlinked networks, channels and node businesses.
Discuss som recent contribution to management thoughts?
One recent contribution to management thought is that of Henry Fayol. It is about reflection and theoretical analysis of managerial career and setting principles.
What are the simlilarities of the four functions of management?
the main functions and responsibilities of managers in today's organizations
What are the advantages and disadvantages of portfolio analysis?
Portfolio analysis is valuable in commerce and investing.
In Commerce, portfolio analysis provides a view of the company's product mix to determine the optimum allocation of resources. Market growth rate and relative market share are the most common measures used in portfolio analysis.
Advantages
Limitations/Disadvantages:
In Securities, portfolio analysis is used to analyze investments relative to an idealized balance of holdings and to optimize allocations.
Advantages
Disadvantages:
What are the disadvantages of time management?
i dont now for myself not for you
Time Management is the process of Managing your time effectively by consuming less time and more proformance.
Time Management is the process of Managing your time effectively by consuming less time and more proformance.
Time Management is the process of Managing your time effectively by consuming less time and more proformance.
Well the disadavantages is really that it would be hard to change the actual schedual you have planned and if you have changed it you would have to resend it so its a running document and in my opinion is a pain consantly changing a running doc.
Employee empowerment concept refers to enlargement of an employee's job responsibility by giving him the authority of decision without approval of his immediate supervisor. Check out this article for more detailed answer in the Related Link below.
What are some major industries in Maryland?
Maryland is most noted for its seafood industry. Mostly for its blue crabs. Blue crabs are a staple to Maryland summer time.
What are important considerations when working with customers?
I consider the most important when working with customers is to know about all the information about them. To understand in their situation. You should know their moods. And always have a good explanation about their question. You don't always need an answer but show you are willing to go the "extra mile" . You need to be patient & understanding. Keep the customer at the forefront and remember that the customer is always right or let them think they are.
And I also consider working with our customers is how we satisfy or to encouraged them to deal with our offers. But first, you could only do that if you had the skills in good communication with different types of people. Because the way you talked with them, the more they'll understand the offer, so tendency, they will encouraged buying. So, good communication is one of the important characters of how you deal with it. Then second, is good customer service. In customer service, you must have the ability to supply the customer wants and needs. Because excellent customer service is the ability of an organization to constancy and consistency exceed the customer's expectations. Good customer services are also making a commitment to our customers. So, that was the second important character when working with customers. Third thing is having strong negotiation skills. You must also have these skills, because it also boosts our relation with our customers and can also close a deal. So when you are working with our customers, these were very important. The fourth thing was service oriented. We are committed to assure our customers the highest quality of service at all times to satisfy their requirements and strive to exceed their expectations. When we design an organization, we need to consider how our policies and procedures will ALLOW our employees to build customer relationships. The more we can "do" for our customers, the greater number of products and services they purchase from our organization. If we increase the number of options for them each time they purchase or use our services, the likelihood remains that they will purchase or use our services in greater depth each time they purchase. Throughout the lifetime of our customers, we will have the opportunity to share our products and services with them. To the extent this sharing is beneficial to both parties will indicate the level of share we have the opportunity to gain. Over the course of this sharing, our products will gain a percentage of total sales in that category of our customer's purchasing life. This is our "share of life."
What is the Job description for a accounts manager?
The 'business development' job title can mean various things. Some organizations refer to sales and account management jobs as 'business development', in which case refer to the account manager job description below. The business development job description - and especially the extent of strategic and authority responsibility - depends on whom the role reports to, and the scale of and complexity of the 'business' (markets, products/services, territory, etc) to be developed. This is an example of typical responsibilities of a senior business development role, or business development director: # Market and technology research # Formulation of strategy # Distribution channel analysis and development # New product development planning and management # Technology transfer, licensing, partnerships assessment and development # Marketing and advertising and promotion planning # Sales organisation planning and development # Import/export development # Business planning # Launch and implementation # If the business development job has direct-reporting staff then the above would tend to be managed via others, and the role would include people-management, recruitment, motivation, training and development staffing responsibilities # Appropriate Administration, budgeting, monitoring, reporting, communication and liaison. # Health and safety adherence # Self-development and continuing personal development # (If formal director) Execute the responsibilities of a company director according to lawful and ethical standards, as referenced in ... (whatever director policy and standards document you might use).
What do you understand by Supply Chain Management?
Supply chain management is the core process of procurement. It is the process of supply the products and services in the targeted destination. Supply chain generally takes place by a supply chain management team. A supply chain management team involves in transporting activities.
What are the problems of leadership in an organization?
Being a team leader is important so that you can direct you teammates in the right direction. When they need motivation, you motivate them! When there is a team dispute, you settle it! A leader unites a team so that they can accomplish one common goal... winning usually..... Having a strong team is imperative for every team because then they have someone to rely on no matter what!
What are the different methods of communication?
there are lots of ways to communicate like:
your mobile phone- texting ,phonecall
online chat- msn,facebook or witing letters
you canalso wait to see the person for real and talk to them like that
What are key managerial skills and competencies?
Key competencies are things you are competent at that are key to the job you are applying for such as particular skills you may have or what skills you have that you think would be advantagious to the potential employer. Key competencies are the knowledge, skills, attitudes and values needed by everyone across a variety of life contexts. Specialist skills are needed to perform all tasks - for example, the ability to weave a basket, file a report, change a tyre or take a patient's temperature. Underpinning the content execution of these tasks is a range of other skills and abilities, sometimes referred to as generic skills. These might include communication skills, teamwork or management skills. It is the combination of these specialist and generic skills that results in a successful performance. For example, specific or technical competencies underpinned by higher levels of competence directly contribute to increased productivity through: *Improved performance *Increased ability to use and adapt existing skills to meet new demands *Increased ability to see, create and exploit new opportunities Competencies are the techniques, skills, knowledge and characteristics that make a certain worker stand out over a regular worker with the same function or work category because of his performance. understand that competency is taking initiative and responsibility successfully when facing a situation at work, both at the level of the individual and group.
Why marketing management called demand management?
Demand is a desire to own anything which has an ability to pay for it plus willingnes to pay. Marketing stimulus demand through promotion (which can be advertising, sales, publishing, public relation etc). It also fulfil demand by offering appropriate marketing mixes. Marketing is concerned with demand management for customer satisfaction. Thanks
What are the qualities of office manager?
Self motivated, organized, knowledgeable about the business, fair, assertive, professional, able to take charge of any situation, willing to listen, knows how to dress appropriately, knows how and when to discipline people, honest, and a good role model.
What is the job description of a project manager?
Project Manager (PM) - The person responsible for all elements of planning, managing, executing, and controlling the project and who is responsible for bringing the project in on time, cost, to specifications, and to a given quality with agreed upon resources. See the link in the related links section for a comprehensive Project Management dictionary. The link below has a lot of articles on the role of the Project Manager. Hope it helps!