When to apply set theory in management?
Set theory can be applied to management when bookkeeping and for inventory purposes. It gives the manager way to simplify what has been sold and what revenue has been brought in.
Yes, the management developments at GE over the last century do seem to follow a similar pattern as the evolution of management theory. Both have evolved in response to changing market dynamics, technological advancements, and organizational needs. GE's management practices have adapted over time to incorporate key principles from different schools of management thought, similar to how management theories have evolved from scientific management to contingency theory and beyond.
How you can make use of or apply the concept of management in your routinary?
Management can take many forms. The most common form of using management in your daily routine is to use a to-do list, and to prioritize the tasks on it. Using a calendar is also a form of management.
What is the therapy of planning management?
There is no therapy for planning management however there is medication therapy management. This is part of Medicare's Part D prescription drug plan that is required under the Medicare Modernization Act of 2003.
What is micro management and macro management?
Micromanagement
I think micromanagement is very overrated these days. That being said I don't mean that it's less valuable than macro management. What is micro then? I think micro means doing relatively small things manually in the map/game which gain you the advantage over your opponent. Micron is about doing small things as fast and accurate as possible. I don't want to go very deep in this issue since I want to concentrate more in practical thins than theory. Here are few examples of micro:
Macro management
Well, it's the opposite of micro. You concentrate in big steps in the game especially economically and map wise. It's more like general gameplay for that particular game. How you plan on expanding and working the enemy. How you plan to balance your economy and where. Here are few examples:
Daunt is a good example of a player who have the speed and use the time he got left in macro. I think that one of good player primary goals in late game should be putting yourself in a position where you put a lot of stress in your opponent and use the time advantage to macro. Note that this doesn't close away options like aggressive push since you put your enemy in bad position where he need to have concern about taking care of his economy while defending your push, keeping his economy working while your is usually almost untouched. You have put yourself in a position where you have great advantage regarding macro.
Expert Aviation In the aviation industry, useful aircraft maintenance management is judge for staying compliant and ensuring suppertime. Streamlining maintenance and operations tasks through fleet conduct software gives your team a broad look at the health of your assets both on the ground and in the sky.
What is the difference between decision making and problem solving in a managerial concern?
The difference is that decision making usually come first than problem solving.
A mission statement is a formal short written statement of the purpose of a company or organization. The mission statement should guide the actions of the organization, spell out its overall goal, provide a sense of direction, and guide decision-making. It provides "the framework or context within which the company´s strategies are formulated." (Wikipedia)
What is the best way to handle cash flow?
there once was a man from Nantucket,
he kept all his cash in a bucket.
His daughter, named nan, found a husband and ran.
And as for the bucket, Nan`tucket!
Why should managers continually repeat the organising process?
Organizations tend to become disorganized. Entropy is a relentless process.
What is the difference between strategy and mission?
MISSION is the way your organization wants the world to be, the reason for which it does exist (defeat hunger, to serve and protect every abused woman, bring health facilities where needed). STRATEGY is the organization's long term plan to make the mission something real and tangible, even not yet focusing on what you're going to do day-by-day, it's the path you decide to walk for the next 3-5 years.
What is the meaning of policy management?
Well, it means policy-------management.
Policy=A proposed or adopted course or principle of action.
Management=The responsibility for and control of a company or similar organization
So.....................
You get it?
Can you accept donations if you are not a non profit organization?
Of course. Millions of people are given donations every day, including soup, clothes, shelter. "Non-profit" simply means that there are no shareholders who are taking home dividends on the corporate profits. Many people prefer to donate to tax-exempt, non-profit, registered charities, because the donations may be deductible by the donor on their own tax returns.
What you usually CANNOT do is misrepresent yourself as a "charity" if you're soliciting donations from the public. You may also have to register with the stat's attorney general (which generally oversees charitable money for the whole state).
Human Resources Management applies to the entire organisation, and includes many roles not found in Project Management, such as recruitment, termination, training and development, etc.
Project Stakeholder Management is the HR side of Project Management. It's on a much smaller scale (the size of the particular project).
Source(s):Diploma of BusinessDiploma of Human Resources Management
What is a percentage fee for a project manager from the overall project budget?
Project managers are not usually hired on a %fee basis but on a contract.
What is the set of relationships that indicates who gives direction to whom and who reports to whom?
What is a product in packaging?
Packaging is one of a kind of marketing mix. It is the first thing that a customer sees.
Changing the package style of the product can lead to a variety of effects on the sales, costs, brand and retail store placement.
There are several businesses that go for changing packages as a proactivestrategyto increasing sales, while others do so for cost cutting.
What is the porter 5 force in UPS comoany?
The shipping industry can be thoroughly analyzed using Porter's Five Forces Model.
A. New Market Entrants: the threat of new entrants into the industry is relatively low. Logistically, it would be nearly impossible for a company to enter the shipping industry and meet the type of demand that large players in the game (such as FedEx, UPS, and USPS) meet on a daily basis. The shipping industry is highly capital intensive and requires an extensive logistics and communication system. UPS (as well as FedEx and USPS) are highly vertically integrated organizations, with large fleets of vehicles, airplanes, warehouses, etc. A start-up organization would never be able to meet demand or have enough capital to make a dent on UPS's market share. The main threat for UPS would be if a logistics rich company or vertically integrated company such as Wal-Mart decided to enter into the shipping industry.
B. Competitive Rivalry: competitive rivalry is intense in the shipping/logistics management industry. The industry's customer base is able to choose whichever company they choose and because of this, the major organizations in the industry are constantly having to play keep up with one another. All organizations are attempting to become an all encompassing solution for their customers in attempts to keep them from switching to the competition.
C. Supplier Power: supplier power in this industry is low to moderate. UPS in particular is a vertically integrated company and has done its best to mitigate the power that suppliers could have over their profit margins. They have done this by having one of the largest fleet of vehicles, planes, and hubs in the industry. By vertically integrating, UPS has been able to internalize supplier issues and control those outside forces that typically abound when organizations rely on outside entities to bring their products or services to market.
D. Buyer Power: Buyer or customer power is extremely high in this industry. UPS has made gains in the B2B market, however, all organizations in this industry are always struggling to keep the customers they have. Switching costs are extremely low in shipping. The main product is the transportation of goods across local, state, and international lines and this product can be done efficiently by all three of the major shipping organizations. Therefore UPS will need to strive to differentiate their products based on several factors mainly that of their logistics and technology expertise.
E. Threat of Substitutes: Threat of substitutes is extremely low in the shipping industry. Packages, letters, and information will always need to be transported physically, electronically or, in the future, by other means. UPS will always have a customer base, they simply need to sustain their dominance in the marketplace and find other avenues in which to venture to see continued business growth.