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Sia ? 6 years, 4 months ago
The manager looks after the management of the organization, whereas administrator is responsible for the administration of the organization. Management focuses on managing people and their work. On the other hand, administration focuses on making the best possible utilization of the organization's resources.
Posted by Zainab Siddiqui 6 years, 4 months ago
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Yogita Ingle 6 years, 4 months ago
Under this method, with a view to imparting training to new employees, a separate training centre is set up. An experienced and trained trainer is appointed as an incharge of the centre.
Machines, tools and other equipments are so arranged in this centre as to present a look of a workshop. When the employees are trained they are put on the real job.
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Yogita Ingle 6 years, 5 months ago
1. Identification of opportunities to get first mover advantage: Understanding of business environment helps an organization in identifying advantageous opportunities and getting their benefits prior to competitors, thus reaping the benefits of being a pioneer.
2. Identification of threats: Correct knowledge of business environment helps an organization to identify those threats which may adversely affect its operations. For example, Bajaj Auto made considerable improvements in its two wheelers when Honda & other companies entered the auto industry.
3. Tapping useful resources: Business environment makes available various resources such as capital, labour, machines, raw material etc. toa business firm. In order to know the availability of resources and making them available on time at economical price, knowledge of business environment is necessary.
4. Coping with Rapid changes: Continuous study/scanning of business environment helps in knowing the changes which are taking place and thus they can be faced effectively.
5. Assistance in planning and policy formulation: Understanding and analysis of business environment helps an organization in planning &policy formulation. For example, ITC Hotels planned new hotels in India after observing boom in tourism sector.
Posted by Prithvi Raj 6 years, 5 months ago
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Yogita Ingle 6 years, 5 months ago
1. Education focuses on creating lifelong independent thinkers whereas training focuses on skills sought after by employers.
2. Training has its roots in the guild system while education’s origins lie in universities.
3. Training uses textbooks and prescriptive methods.
4. In today’s universities highly specialized areas of training are being passed off as education.
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Neha _ 6 years, 4 months ago
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