. “Management is the effective utilisation of Human and Material resources to achieve the enterprise’s objective”. discuss
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. “Management is the effective utilisation of Human and Material resources to achieve the enterprise’s objective”. discuss.
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- e. this is a management question ... explain how can an organization's values contribute to its competitive advantage and long-term success?How a company should use at least 1 of the processes and at least 1 of the tools to implement an strategy.Using the correct tool for the job will help an organization achieve its goals.Explain with an example?
- Explain the advantages and disadvantages of outsourcing corporate functions. b) Identify two corporate functions that your selected organisation should consider as suitable targets for outsourcing. Justify your selections using appropriate academic literature and industry case examples.Create an Operational plan Your operational plan should include key processes,structures and strategies involved in the transformation ofinputs into outputs. Where possible, a transformationmodel may be used to demonstrate this process. Thebusiness approach to planning and management ofproduce and services may also be includedWhat does the following mean? Please explain. “It many be that not just a few resources and capabilities enable a firm to gain a competitive advantage but that literally thousands of these organizational attributes, bundled together, generate such advantage”
- As a CEO, which one of these is Mr. Khalid's job? A- Handle the daily employee's schedule B- Distribute the tasks to employee C- Monitor the work of operations employees D- Develop long-term future plans of the whole businessdescribe the business model for three different organizations, namely a typical brick-and-mortar fashion retailer, a click-and -mortar high-street fashion retailer like Zara, and a pure-play e-commerce store like Boohoo. You should include all EIGHT (8) components, but you may indicate “Not applicable” in case they are not relevant.Match the correct pairs - A. B. C. D. E. F. Task environment - A. B. C. D. E. F. Complex & Unstable environment - A. B. C. D. E. F. Simple and stable environment - A. B. C. D. E. F. General environment A. High environmental uncertainty B. Linear organizational structure C. Organizational Grouping D. Includes environmental factors that do not directly affect the firm, but may have an indirect influence on the firm's operations E. Includes environmental elements that directly impact the firm's ability to achieve its goals F. Low environmental uncertainty
- Differentiate between centralized and decentralized operations. In a decentralized company in which the divisions are organized as investment centers, how could a division be considered the least profitable even though it earned the largest amount of income from operations? Why would a firm use a balanced scorecard in evaluating divisional performance? Cite and give credit to the author that you are citingPrinciples of organization play a pivotal role in ensuring the efficiency and effectiveness of any endeavor, whether it's in business, education, or daily life. These principles encompass a range of concepts, including the establishment of clear objectives, the allocation of resources, and the creation of a structured framework that guides the flow of activities. Organizing tasks and resources strategically can lead to increased productivity and a more streamlined operation. How can one strike the right balance between flexibility and rigidity in organizational principles to adapt to changing circumstances while maintaining a sense of order?In a leading manufacturing company there was a meeting regarding the importance of a function of management which was very much required in meeting the growing needs of good employees and solving complicated issues related with human behavior at the workplace. They also discussed about the most important resource of an organisation. Which function of management is indicated here in the above case? Give five advantage of this function.