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Q. Write a note on classification of business objectives?
1) Economic Objectives - Functions of customer Segment - Innovations - Optimum use of resources 2) Social Objectives - Production and Supply of Quality goods and services - Acceptance of Fair trade practices - Contribution of the general welfare of the society 3) Human Objectives - Economic well-being of the employee - Social and psychological satisfaction of employees - Development of Human resource 4) National Objectives - Creation of employment - Production of social justice - Production according national priority - Contribution in the revenue of the country - Self-sufficiency and export promotion 5) International Objectives - Raise general standard of living - Reduce disparities among nations - Make available competitive Goods and services globally.
Stock out cost means the cost associated with not serving the customers. Stock outs imply shortages. If the stock out is internal ( that is in the production system) it woul
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Policies about Ethical Behavior and Ideas This company has global code of conduct that reflects its ethical behavior and ideas. In global code of conduct, the company include
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Successful diversity management requires HR managers to possess skills in leadership, organisational development, change management, psychology, communication, measurement, and ass
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QUESTION 1 According to the instrumentality theory of motivation, money is the main motivating factor at work. This can explain the existence of performance related pay in many
Bags R Us Ltd P&L Account for Bags R Us, year ended 31 st March 2008. $ $ Sales ($35 * 3,000) 105,000
QUESTION 1 (a) What is meant by controlling? Why is it needed in organisations? (b) Discuss the different steps in the process of control. What are the essential requirement
What are the uses of control chart? Control chart: It is a daily graphical presentation of the collected information. Therefore information pertains to the measured or ot
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