organization‚ while the focus of a business plan is usually on a particular product‚ service or program. There are a variety of perspectives‚ models and approaches used in strategic planning. The way that a strategic plan is developed depends on the nature of the organization’s leadership‚ culture of the organization‚ complexity of the organization’s environment‚ size of the organization‚ expertise of planners‚ etc. It seems that the two phrases “strategic planning” and “business planning” are used interchangeably
Premium Strategic planning Strategic management
balanced transportation model. We have used a new method of Minimum Transportation Cost Method (MTCM) to find the initial basic feasible solution for the solved problem by Hakim [2]. Hakim used Proposed Approximation Method (PAM) to find initial basic feasible solution for balanced transportation model and then compared the results with Vogel’s Approximation Method (VAM) [2]. The results of both methods were noted to be the same but here we have taken the same transportation model and used MTCM to find
Premium Optimization Maxima and minima Operations research
Staff Model vs. Group Model Gloria Brandon Essentials of Managed Care National American University Abstract There are two types of Health Maintenance Organizations‚ you have the Staff Model and Group Model HMOs. With staff model it owns its own facilities and employs physicians‚ group model contracts with private health care providers to provide service to plan members and benefits are payable based on services and charges authorized by an HMO-affiliated doctor or representative. Staff
Premium Health care Managed care Medicine
The model comprises of three basic elements are as follows: Elements (1) Tourists: The tourist is the key player in this system. Tourism‚ in fact‚ is a human experience‚ enjoyed‚ anticipated and recalled by a lot as a historic and/or life time aspect. Therefore‚ defining the tourist and its classification turns out to be equally relevant. (2) Geographical Elements: Leiper describes three main geographical elements in his system’s model. These are: (i) Traveller-generating region (ii) Tourist destination
Premium Tourism
Models of Teaching Summary Information-processing models emphasize ways of enhancing the human being¡¦s innate drive to make sense of the world by acquiring and organizing data‚ sensing problems‚ and generating solutions to them‚ and developing concepts and language for conveying them. The book discussed eight different information-processing models which include: Inductive thinking‚ Concept attainment‚ The Picture-Word Inductive Model‚ Scientific inquiry‚ Inquiry training‚ Mnemonics‚ Synectics
Premium Learning Education Educational psychology
Leadership Models Leadership Models The dynamics of leadership-follower relationships has grown in the last two decades because of a growing discussion in leadership literature (Popper & Mayseless‚ 2002) as cited in Avolio. Many companies‚ which were small 20 years ago have emerged as leaders in the market‚ overtaking their once larger competitors. These firms internally have revamped the way they do business. They have focused on making changes to their managerial process‚ thereby creating
Premium Leadership
Models of Leadership Leadership has been present since the beginning of time. Whether in the home‚ social groups or in the workplace leadership plays a key role in our daily lives. But before a clear discussion of leadership can effectively be done‚ a reasonable understanding of leadership must be presented. William Cohen (1990) defines leadership as "the art of influencing others to their maximum performance to accomplish any task‚ objective‚ or project” (Weiskittel‚ 1999). This comparison
Premium Leadership
1. Qeach brand t=β0+β1*PMinute Maid t+β2*PTropicana t+β3*PPrivate label t+ueach brand t Q: quantity P: price By running the above regression model for each brand‚ we got the following elasticity matrix and the figures for “V” and “C.” Note that we used the average price and quantity for P and Q to calculate each brand’s elasticity. Price Elasticity | Tropicana | Minute Maid | Private Label | Tropicana | -3.4620441 | 0.40596537 | 0.392997566 | Minute Maid | 1.8023329 | -4.26820251 | 0.765331803
Premium Marketing
FACULTY OF WELL-BEING AND SOCIAL SCIENCES (BUSINESS) Module Title: CONTEMPORARY MANAGEMENT ISSUES (BAM3011) Assessment Title: Management models Student Number: 1011331 Module Leader: Barry Simmons Date of Submission: 27th April 2012 The two management models that will be critically evaluated on their usefulness to managers in the service sector are the Just-in-Time (JIT) and the Lean manufacturing models. These two manufacturing models were invented in the early 1960s which have
Premium Lean manufacturing Manufacturing
THE GAP MODEL OF SERVICE QUALITY Service Quality Quality of the service is the degree of conformance of all the relevant features and characteristics of service to all the aspects of the consumers’ needs limited by the price and delivery s/he will accept. Quality can be viewed from two perspectives: Internal quality specifications based on conformance to based on customer-perceived External quality quality Importance Of Quality For Service Marketers Gain competitive
Premium Customer service Marketing Service system