managment history. 1.classical approach? 2.quantitative approach?
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managment history.
1.classical approach?
2.quantitative approach?
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Solved in 2 steps
- 1. The business that I will start is a Coffee business.As a result,it aims at solving the problem of- -Quality of coffe bean -Coffee brewed properly -To take it from a common coffee to a global drink -To create acceptance through all age segments -To supply coffee globally that is of quality 2.The product or service -Quality coffee having no match in the industry -Ease of use and less time of preparation -Include variants to suit each ones taste -Build on the benefits of different types of coffees 3.Target market- -Young People -Coffee lovers -Office workers -Foodgram 4.Competitors- -Coffee estate owners -Local coffee manufacturers -Coffee companies as it forms a substitute 5.Promotion -Advertisement from Instagram-Ads -Café’s interior design -10% discounts for first purchase -Special offer on customer’s birthday Based on the business idea above, do the following: a. How do you communicate these business ideas creatively and innovatively to potential investors. Use the core…16) In business the saying of ‘do not put all your eggs in one basket” refers to: a) Not being dependent on a single business to meet stockholders’ exceptions b) Not being dependent on a single hierarchical structurec) Implementing multiple strategies at the same time. d) A and B e) A and B and C٢١( Sometime companies resort to __________by reducing their investment to project a positive picture of the organization. However, this strategy cannot be used for long-term. Select one: a. No change strategy b. Profit strategy c. Pause and proceed with caution strategy d. Backward integration Strategy
- The foundation is inconsequentialThe syndicate started experiencing growth at all business units. It culminated in an increase in profit margin. As a market leader, the company started investing cripplingly in other ventures therefore widening its portfolio. Such is a story of a certain thrilling Ghanaian own business. Management thought it wise to employ more labour to beef up the shortfall of their employees. Kofi Antobam was lucky to be employed after several years in search of a white colour job. The opportunity had finally come. As part of his job description, he was expected to canvas for customers and possibly deploy all marketing strategies at his disposal to retain the hard-won customers. Coming from a very strong ethical background, and an orphan as well, he gave out all his best to secure the job for good. Growing up as a Christian, with a strong religious background he tried to respectfully lure customers to patronize the company through all ethical means. Antobam was voted…A Firm’s history is given in a timeline from its inception in Year 1995 to Current Year: 1995 Invented and filed patent for software that improved production process.1997 Introduced new innovations that went on the market at low price.Major sales growth with expansion of the market share.2000 Anotherfirm emerges as a serious competitor with new technology.2003 Management observing its products are not doing good business decides to diversify.2006New chief executive takes up position.2097Firm abandons its low profit businesses to begin to invest in new products.2010 Firm filed a petition against anti-competitive trade practices but lost the case.2012 Becomes a high-cost manufacturer with a growing portfolio of products which was losinghundreds of millions of dollars annually.Restructuring that eliminated 10,000 jobs and cut more than $1 billion from annual costs.2015New CEO took over reigns of the firm. To raise money, begins selling patent of select portfolio and concentrates on narrow…Who is Henry Fayol? Give his contributions to management p.s will upvote if informative, ty!!
- 1- Write a story of a family business ?2 )The commercial future of the company looks very _____________. Select one: a. specialized b. enormous c. promising d. intensiveKrispy Kreme Doughnuts, Inc., 2015 www.krispykreme.com, KKd Copyright by Fred David Books LLC. www.strategyclub.com (Written by Forest R. David) Based on the given case above ; 1. Read and evaluate the mission statement of that organization accordingly. 2. Identify whether the mission statement is good or not good. State reason for your answer. A detailed analysis of the mission statement is given with correct components and the legend.
- Linda Henricks is thinking about starting a firm in the home health-care provider industry. When asked by a potential investor if she had studied the industry, Lind replied, “With the aging of the population and the fact that people are living longerthan ever, the home health-care provider industry is so full of potential it doesn’trequire formal analysis.” In what ways will Linda limit her possibilities with the potential investor if her current attitude about the importance of industry analysisdoesn’t change?Which one of the following strategies is not appropriate for managing moderate growth? a. Experimentation b. Delegation of responsibilities c. Constant search for new but related opportunities d. Periodical reviews of the business planWrite 2 or 3 paragraphs to teach the competency to somewho who has not taken Introduction to Business. 1. Explain industry competition.