This presentation discusses structural design to achieve strategic goals. One of the designs is re-engineering. It is complete rethinking and transformation of key business processes. It results in strong coordination across functional areas and greater flexibility in responding to changes. In addition, small, cross-functional work teams often handle work. There...
The success of an organization depends on two factors viz. strategic planning and quality control. Organizational control is a process through which managers regulate organizational activities that establish consistency in plans, targets, and performance standards of an organization. Application of control process techniques involves an elaborate procedure. The paper elucidates...
Selling involves convincing the prospective buyer about the need for a particular product or service and persuading him/her to make a purchase decision. The steps in a sales process include order-getting, order-taking, and supporting. The close of sale is one of the most important aspects of the sales process. Successful...
Organizing is a management function that involves allocation of organizational resources towards achievement of long-term organizational goals. Organizational Structure OS is the framework that defines formal reporting relationships between different positions within the organization. The paper examines the organizing function and discusses issues involved in evolving the OS. Different types...
Strategy of an organization is the roadmap towards attainment of its long term goals and objectives. Organizational strategy consists of planning, organizing, execution, and control activities. Competitive advantage is the measure of a firm?s competencies and performance against the factors prevailing in the firm?s external environment. Strategy of the organization...
Managerial decision making is the process through which mangers in an organization arrive at a suitable alternative solution to a given problem. This entails a detailed analysis of the pros and cons of each available solution. The paper examines the aforesaid process and discusses the dynamics of group decision making....
Pricing is one of the most important issues in the marketing mix of an organization. It determines the final amount of money that would be charged in return for a particular product or service. Price of a product or service is the direct interface between the hitherto ‘internal’ product and...
Organizations, world over, have a definitive responsibility towards society, in general. They are, in many ways, accountable and responsible for prevailing societal trends. Corporate Social Responsibility CSR spells out an organization?s commitment towards society and is a measure of the organization?s social responsiveness. The CSR principles must be institutionalized in...
Effective sales management ensures a perennial revenue flow for an organization. Personal selling, mass selling and sales promotions are three aspects of sales. All three require different approaches. A typical selling process starts by prospecting the right customer for a particular product or service. Next comes the approach or the...
In a business environment subjected to constant change, an organization has to quickly and efficiently adapt itself to the changed scenario. Learning is a tool, which the organization uses for re-aligning itself according to the change. Learning enables the organizational systems to refrain from committing past mistakes. It helps in...
By Shelley Street, The Paducah Sun, Ky. Knight Ridder/Tribune Business News By Shelley Street, The Paducah Sun, Ky. Knight Ridder/Tribune Business News
Chicago In front of me at the University of Chicago, and several times my height, is a stone carving of a half-human deity from the Assyrian empire. All round this exhibition on ancient Iraq are towering artefacts from lost cities and faded empires. The whole is overshadowed by...
Murray, Smith & Associates Inc. has promoted senior engineering associates Kyle McTeague, Matt Hickey, Jeff Jones, Mike Carr and Bill Hollings to principal engineer positions. McTeague manages water, wastewater, stormwater and roadway projects and leads MSA's City/District Engineering Group. He holds a Bachelor of Science in...
Green Globe International, Inc. (OTCBB: GGLB),which owns the Green Globe brand, the premier international green brandfocused on sustainability and carbon neutrality programs, today reportedits attendance at the first Annual Caribbean Tourism Summit held from June21 to June 24, 2008 at the International Trade Center in the Ronald ReaganBuilding...
The American Society of Composers, Authors andPublishers ASCAP has selected 12 aspiring composers to participate in the20th Annual ASCAP Television and Film Scoring Workshop with legendarycomposer, arranger and mentor Richard Bellis. The Workshop begins today inLos Angeles and runs through July. For twenty years, the ASCAP Television and...
BOSTON, July 8 /PRNewswire/ -- NorthPoint Domain, an IC Sciences company, announced today a collaboration with Boston Medical Center's BMC Cardiovascular Center to apply advanced Internet patient engagement "instruments" to BMC's cardiac robotic surgery program. Also known as "medical informatics instruments" MIIs, these patient engagement tools...
Bob Wassom was at the top of his career when the advertising company he worked for merged with another. Five years later, his contract was not renewed. That was in 2006. Wassom's buyout kept him going about a year. Now the freelance writer,...
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