NEW PERSPECTIVES ON STRATEGIC MANAGEMENT PROCESS Pop Zenovia Cristiana‚ Borza Anca Department of Management‚ Faculty of Economics and Business Administration‚ “Babeş-Bolyai” University of Cluj-Napoca‚ Romania zenovia.pop@econ.ubbcluj.ro anca.borza@econ.ubbcluj.ro Abstract: For developing economies the development of enterprises should be a strategic goal‚ this way of thinking may become viable only as a result of a combination of judicious analysis based on specific local economic aspects
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Miguel Flores Checkpoint: Business Organization A sole proprietorship is a business that is owned by one person only. That one person is the sole owner and makes all decisions on their own. Most sole proprietorships are small business likes restaurants‚ markets‚ and liquor stores. The owner must have knowledgeable business experience or else his business will not be profitable. Most of this shops end up closing up after a couple of years because the sole owner must take in all the losses
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THE GLOBAL OPEN UNIVERSITY‚ NAGALAND MBA ASSIGNMENT : THIRD SEMESTER Maximum Marks 30 TGOU / MBA-3 / PAPER-1/ JUN 2013 THE GLOBAL OPEN UNIVERSITY‚ NAGALAND MBA ASSIGNMENT : THIRD SEMESTER Maximum Marks 30 TGOU / MBA-3 / PAPER-2/ JUN 2013 (SECTION – A) 1. Why should the system analyst use information gathering tools? Explain. 2. What is a decision tree? Mention its advantages and disadvantages. 3. "Audit trials do not have independent existence‚ as they are a consideration that must be included
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January 14‚ 2013 Ethical Behavior in Business In the business world employers and business owners should know that there is no room to be dishonest‚ or greedy dealing with a business. In reality people need to be held responsible and accountable for making sure that they are holding up and following ethical business practices. There is no reason that any business owner or manager should not follow the golden rule at work just like they would at home‚ treat people the way you want
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Q.3. Is there anything else that can be done to curtail this sort of egregious business behaviour (scandals) other than legislation? Legislation is a good method to guide and regulate the business behavior. Besides‚ the education is very important. If the whole society and the whole business world can have the good consciousness and ethical environment‚ the legislation may not so important. Q.4. In each case discussed at some length in this chapter – Enron‚ Arthur Andersen‚ WorldCom‚ and Bernie
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Human behavior is important in an organization as it defines how people work together and interact with one another. A co-operative team with an established leader will produce better results than a group of people that have no guidance and don’t know how to work with one another. Organizations spend time and effort in the human resources department ensuring human behavior in the workplace is appropriate and productive. • Human behavior and the organization hierarchy Human behavior is of crucial
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MAF 635: Strategic Management Accounting Business Process Reengineering vs Kaizen Costing Business Process Reengineering (BPR) Definition Fundamental rethinking and radical design to achieve dramatic improvement in cost‚ quality‚ service and delivery (Hammer & Champy‚ 1993; Manganelli & Klein‚ 1994). It means that business process reengineering involves many steps that change the entire business process. This is done to reduce the cost of production of a product or service‚ increasing the
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2013 Business organization and management Business size Small business: e.g. Independent service-station‚ restaurant Medium business: e.g. coffee club‚ nando’s Large business: Maccas‚ red rooster‚ kfc Economies of scale; this term refers to the lower costs per unit of output as a result of operating on a larger scale. Question 1. What is meant by economies of scale? Provide 3 examples of typical economies of scale enjoyed by large organizations: a) Coles (big organization‚ buys
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Professor‚ Department of Management Aurora’s PG College‚ Ramanthapur‚ Hyderabad-500013 saimohana1@gmail.com Mrs. M.Madhavi HOD‚ Department of Management Aurora’s PG College‚ Ramanthapur Hyderabad-500013 madhaviprani12@gmail.com The organizations that grow‚ develop and thrive in the society; and get their resources in the society must feel that they are bound by duty to give something to the society in return to all that they get. This obligation was not felt by the organizations earlier as much as
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B399 Management Policy and Strategy Tutorial 1 Kent Ip OUHK Course Overview Textbook: Strategic Management and Competitive Advantage – Concepts and Cases‚ 4th edition‚ Barney and Hesterly‚ Pearson Part 1 The tools of Strategic Analysis (Chapter 1 – 3) Part 2 Business Level Strategies (Chapter 4 & 5) Part 3 Corporate Strategies (Chapter 6 – 11) Chapter 1 What is Strategy and the Strategic Management Process? 1.1 What is Strategy and the Strategic Management Process
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