QUESTION 1 – How will you influence people to strive willingly for group objectives in your organization( target based industry)? Apply your interpersonal influence through communication process towards attaining your specialized goals ? ANSWER – It has been the experience of the business world that‚ given all other variables internal and environmental the management input (good and sound management)makes all the difference between enterprise’s success and failure. Leadership occupies a central
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environment. It is primarily for the reason that humans are called ECONOMIC ANIMAL‚ because he or she has the ability to use his or her hands and brain to satisfy his or her immediate personal needs. These are looked at as basic needs; these needs are food‚ shelter and clothing (Economic Activity). Economic Activity means activities which results in the satisfaction of needs. In order to satisfy these needs‚ man engaged in certain economic activity such as farming‚ fishing‚ hunting‚ trade form‚ women
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The Australian Food Industry- KFC Report KFC (Kentucky Fried Chicken) is a chain of fast food restaurants which primarily focuses on the selling of original recipe fried chicken and other foods such as burgers‚ wraps‚ potato & gravy and coleslaw. The company was originally founded in 1952 by Colonel Harland Sanders‚ and since then it has expanded to over 9‚000 stores in 86 countries. It first opened in Australia in Guilford‚ Sydney in 1968‚ there are now over 600 stores Australia wide. Since
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PRINCIPLES AND PRACTICES OF MANAGEMENT Subject Code – B-101 Section A: PART ONE Multiple choice questions with single response: Q1. A | | Q6. C | Q2. B | | Q7. B | Q3. D | | Q8. D | Q4. A | | Q9. A | Q5. A | | Q10. D | PART TWO Short notes type questions: Q1. Differentiate between ‘Administration’ and ‘Management’ The Major differences between the Administration and Management can be summed up as below: * Administration
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REG. NO :- IIMM/AP/1/2006/5150 NAME :- SUNIL KUMAR DHAKA SUBJECT:- PRINCIPLES & PRACTICE OF MANAGEMENT ANSWER:- 1(a) FUNCTIONS OF MANAGERS: All the managers have to perform certain functions in the organization to get the things done by the others. Functions of management are:- a) Planning b) Organising c) Staffing d) Leading e) Controlling f) Coordination (a) Planning: - Planning is an indispensable function of management. It determines the objectives
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DECEMBER 28‚ 2010 GLOBAL CORPORATE FINANCE RATING METHODOLOGY Global Telecommunications Industry Summary This rating methodology explains Moody’s approach to assessing credit risk for companies in the telecommunications industry. This publication is intended to provide a reference tool that can be used when evaluating credit profiles within the telecommunications industry‚ helping companies‚ investors‚ and other interested market participants understand how key qualitative and quantitative
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be focused on any‚ or all‚ or any combination of four major topics: Illustrate how mergers‚ acquisitions‚ spin-offs‚ as well as divestments‚ have affected the shape of the U.S. and global fast-food industry. Illustrate the highly competitive business environment in which members of the global fast-food industry operate. Illustrate how important an international presence is to KFC a company that derives more than 50% of its revenues from international markets. Illustrate strategies selected
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1. Principles and Practices of Management ASSIGNMENTS HOW WILL YOU INFLUENCE PEOPLE TO STRIVE WILLINGLY FOR GROUP OBJECTIVES IN YOUR ORGANIZATION? APPLY YOUR INTERPERSONAL INFLUENCE THROUGH COMMUNICATION TOWARDS ATTAINING YOUR SPECIALIZED GOALS? ANS: Several organizational factors must be placed in order for a team to succeed: 1. Common and consistent goals that are accepted by all team members. Organizational commitment to the team concept‚ including support from top management
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Examination Paper Principles and Practice of Management Section A: Objective Type (30 marks) Part one: Multiple Choices: 1. A plan is a trap laid to capture the ________. Ans.: A) Future 2. It is the function of employing suitable person for the enterprise Ans.: B) Staffing 3. ___________ means “ group of activities & employees into departments” Ans.: D) Departmentation 4. This theory states that authority is the power that is accepted by others Ans.: A) Acceptance theory
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people live within 15 miles of Wallingford. The bowling center is open 24 hours per day and has a staff of 27 part- and full-time employees. After four years of operation‚ the partners find themselves frustrated with the low profit performance of the business. While sales are covering expenses‚ the partners are not happy with the end-of-year profit-sharing pool. The most recent income statement follows: Sales $ 1‚844‚000 CGS 315‚000 GM $ 1‚529‚000 Operating expenses $ 1‚466‚000 Mortgage
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