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Assurance of Providing Basic Service : A hotel should provide a clean and secure room and treat like a guest. This is the principle exception of any customer from the hotel. Ostentations like a thick carpet, fancy lamps colourful wallpaper etc, cannot compensate for a soiled bed sheet or a cockroach found in the corner of the bathroom.
Reliability of What You Promise to Deliver : Reliability is extremely important particularly in services because services have a large component of intangibility and probable variability attached to them. Service is not a product, it is performance. Service operations are less of physical operations they are more of social interactions. Therefore trust and credibility are very important.
Minimize Error Variance: A third group of factors influencing the dependent variable are known as random variables because they are temporary factors which vary fro
Commodity A commodity is an extremely standardized product, such as gold or corn. Command Process The use of middle authority, usually in the form of government,
GENERAL PRINCIPLES OF MANAGEMENT Thinkers, experts and writers on scientific management have evolved useful principles to have practical guidance for management operations.
Q. What are the benefits of management by objectives? a. Employees are able to be motivated because they participate in the goal setting process. b. Performance is able to b
#questfunction of managmention..
Give an account of emerging trends in Marketing
Briefly describe the Delphi technique and explain with examples the main benefits and weaknesses.
What is forecasting tools?
Matrix Str ucture An organizational structure building two lines of authority (for example: combining functional and departmental lines of organization).
How can the study of organisational behaviour theory provide managers with the knowledge and capabulity to maintain a competitive advantage
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