MANAGEMENT (WORK OF THE MANAGER) IS UNIVERSAL Managers‚ regardless of title‚ share several common elements. Management is the process of getting things done‚ effectively and efficiently‚ through and with other people. Process in the definition represents the primary activities managers perform. Effectiveness and efficiency deal with what we are doing and how we are doing it. Efficiency is doing the task right and to the relationship between inputs and outputs. Effectiveness is doing the right
Premium Management
Attracting Investors Get Fit is a new concept in bringing online fitness classes to residential facilities by offering fitness programs on demand. As apartment communities compete to offer the newest and latest amenities‚ new technology is available in order to bring fitness programs into clubhouses and recreation centers‚ senior centers‚ retirement homes with a steaming on demand classes to cater to the fitness needs of residents and customers. Get Fit With Get Fit‚ customers are able to offer
Premium Marketing Management Strategic management
Summary Obesity: In USA over 55% of all the adults are overweight or obese. And 20%-30% children are overweight or at risk of becoming so. The reason to all this madness‚ is all the fast-food‚ the Americans are eating. They have really many fast-food restaurant’s in USA. It is so cheap‚ you can by a hole meal for about 2$ at Mc Donald’s. And actually the food on a fast-food restaurant’s are cheaper than if you cooked your own meal‚ at home‚ from scratch. I think that should be vice versa
Premium United States Nutrition Barack Obama
WHAT DO MANAGERS DO? A CRITICAL REVIEW OF THE EVIDENCE COLIN P. HALES Department of Management Studies for Tourism and Hotel Industries‚ University of Surrey INTRODUCTION IN this article‚ I consider the extent to which the question ’What do managers do? ’ has been satisfactorily answered by published empirical studies of mana- gerial work and behaviour. Two aspects of this enterprise require justification: the pertinence of the question posed and the need
Premium Management
MANAGEMENT FUNCTION During early part of the twentieth century‚ Henri Fayol French industrialist proposed that all managers perform five management activities that are: plan‚ organize‚ command‚ coordinate‚ and control. But nowadays there management functions have been condensed to four: planning‚ organizing‚ leading and controlling. Managers exist in every business. In fact‚ managers do the same types of tasks in all businesses. Whether a person manages a hair salon or a factory‚ the manager’s job
Premium Management
Interview with a Manager March 1st. 2014 Michelle I met for coffee with Gretchen Knipfel‚ Regional Manager of Marketing and Sales at Our House Senior Living. Our House provides assisted care‚ memory care and senior apartments in a residential setting where residents are able to maintain relationships and stay active in their community. Our House has been a primary living resource in Wisconsin and Minnesota for over 15 years. Gretchen’s territory provides care for 165 residents. She has been
Premium
training employees is the ‘Kolb’s Learning Theory’. He believes‚ “Learning is the process whereby knowledge is created through the transformation of experience” (Kolb‚ A. 1984:38). There are basically four types of learners: assimilators- learn with basic concepts; convergers- grasp practical application of the concept; accommodators- understand by experiences performed; and divergers- both observing and practically applying it. Having the knowledge of an individual’s learning style‚ can aid a trainer
Free Knowledge Learning Skill
represent many of the SURFACE-LEVEL aspects of diversity that are very easy to identify. • Personal Characteristics – such as age‚ gender‚ race and tenure – that are objective and easily obtained from personal records. AGE Older workers bring experience‚ judgment‚ a strong work ethic‚ and commitment to quality. AGE 1. Effect of age on turnover the older we get the less likely we will quit because the are limited job opportunities and we are also sitting on higher benefits. 2. Effect
Premium Problem solving Inductive reasoning Logic
payments of Rs 2‚ 00‚000 or Rs 25‚000 life time annuity whichever he chooses. Mr. Sundaram is in good health and estimates to live for at least 20 more years. If his interest rate is 12%‚ which alternative should he choose? Ans Present Value of Annuity 25000*7.469*1.12 = 2‚09‚132 Which is greater than lump sum value of Rs. 2‚00‚000. So Annuity option is better. Q2. Assume that you have given a choice between incurring an immediate outlay of Rs 10‚000 and having to pay
Premium Time value of money Money Retirement
costs. This can be tied to the changes in operations done by ACF. At the end of the 1988 model year‚ oil pans and muffler-exhaust systems were outsourced from the ACF. This resulted in a loss of 60 labor jobs and 30 indirect jobs. 2. Consider two products in the same product line: | Product 1 | Product 2 | Expected Selling Price | $62 | $54 | Standard Material Cost | $16 | $27 | Standard Labor Cost | $6 | $3 | Calculate the expected gross margin as a percentage of selling price
Premium Marketing