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Explain the term Open book management in shortly.
Open book management:
The practice of sharing financial and performance information is frequently considered to as open book management. This is larger than many human resource practices as this combines a number of practices as like profit sharing, employ of bonus, training workers to understand the business. This management generally combines generous bonuses beyond competitive base pay for broad groups of workers while the firm’s goal is attained.
Procedure of the environmental analysis: Step 1: assess the nature of the environment: it is useful to take a view of the nature of the organization's environment in terms of
How are Indian customers visiting Shoppers’ Stop any different from customers of developed western countries?
Product item: product item means a specific product of the certain specifications and may be distinguish from the other product, or brands. A particular brand of a product is a pr
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Define nature and impact of change 1. Identify enterprise aims and objectives of the change 2. Identify opportunities for implementation of change within team an
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How is routinisation facilitated in development of exchange system? Routinisation facilitates the development of the exchange system. This leads to standardization of goods and
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State the term Premium Pricing briefly? Premium Pricing: This price strategy applied to various version of to similar product. It is a better version and a fundamental or
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