M1 – Explain methods used to identify the target market for the proposed business Learners need to demonstrate their understanding of the methods used to identify the target market for the proposed business. This will require them to consider a range of methods that could actually be used and to provide reasons for their choice. Market research will almost certainly be included but learners need to explain why. Other methods may prove more challenging but the selection and justification should contribute
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1 RIGHT‚ DUTY AND OBLIGATION/RESPONSIBILITY: A SEARCH FOR ETHICAL FUNDAMENTALS By Dr. Ani Casimir K.C 2 1) Introduction: Immanuel Kant gave philosophy four fundamental questions with which it is to concern itself and they are: (1) What can I know? ; (2) What is man?; (3) What can I hope for‚ and‚ (4) Finally‚ what ought I to do. The latter—‘what ought I to do?’ is the central subject of ethics‚or what is variously called moral philosophy or philosophy of morality. With the concepts
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3 Business Strategies Analysis 5 Business Strategy Evaluation & Recommendations 6 Specialization‚ Learning by doing 7 mutual adjustment 7 direct supervision 7 standardization of work processes 7 standardization of work outputs 7 standardization of worker skills 7 Coordination mechanisms 7 Coordination by plan 8 Coordination by feedback 8 Interdependence 8 Pooled Interdependece 8 Sequential Interdependence 8 Reciprocal Interdependence 8 Organization Design 8 Types
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create a successful team there is different types of strategies I can use. One thing I need out of the team which is very important is diversity within the team. I need people with different skills so that I give people different tasks and jobs to do that are their specialties. The more diverse the team is the more opportunity I have to discuss different areas and I will be able to get different types of feedback from different areas. Another strategy is to create different goals for everyone and give
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public relations at the strategic level. J L Thompson (1995) defined strategy as a means to an end‚ and he writes‚” The ends concern the purposes and objectives of the organization. There is a broad strategy for the whole organization and a competitive strategy for each activity.” The significance of strategy is allowing practitioners to set their work in the wider organizational context. The concept of strategy is made clearer by Mintzberg et al (1982) who offer five uses for the word strategy‚ there
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achieve their goal by using certain evolved strategies‚ methods‚ tactics‚ or tricks-of-the-trade. Some are more effective than others‚ and some more ethical. If you were to try and elect a candidate‚ what would your strategies be? If it my choice to pick three effective‚ ethical propaganda strategies‚ they would be stacking the deck‚ testimonials/endorsements‚ and glittering generalities. To start with‚ stacking the deck is my first strategy. One example used of this tactic‚ is in 1984‚ when current
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161. Requisite of Novation A previous valid obligation Capacity and intention of the parties to modify or extinguish the obligation. The modification or extinguishment of the obligation. The creation of a new valid obligation. 162. Kinds of Novation 1. According to origin A. Legal B. Conventional 2. According to how it is constituted A. Express B. Implied 3. According to extent or effect a. Total or extinctive b. Partial or modificatory 4. According to the subject a. Real or objective
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People-Centered Organizations and Ethical Conduct True / False Questions 1. | People-centered practices are associated with higher profits and lower employee turnover. True False | 2. | Power can be provided to employees via centralization. True False | 3. | Providing training for employees leads to lower employee turnover. True False | 4. | Trust can be built in organizations through the sharing of critical information. True False | 5. | Organizations are a social
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Management Four Functions Rosa L. Flores University of Phoenix Management: Theory‚ Practice‚ and Application/ Mgt 330 Kennett Baca December 20‚ 2008 Management Four Functions This paper will define the four basic functions of management; planning‚ organizing‚ leading‚ and controlling. This paper will also describe how these were applied in my worksplace. Management definitively has more functions than just the four mentioned above. The four that will be discussed in this paper are the four basic
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Competing on Analytics‚ by Thomas Davenport‚ investigates the concept of analytics as a basis for business competition. The article describes the characteristics and practices of an analytical competitor and the changes companies must undergo to compete in industry. Analytics refer to skills‚ applications and practices used in business to examine past‚ present and future business performance. It collects significant amounts data‚ analyzes the data that is collected and uses a statistical model
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