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Sia ? 6 years, 9 months ago
The control of urban development by a local government authority, from which a licence must be obtained to build a new property or change an existing one.
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Sia ? 6 years, 9 months ago
The aspect of management that is being ignored is:
Strategy
How does your business compete in the industry? How can you create a competitive advantage? Are you able to adapt to a changing business environment? The ability to take a high-level, strategic view of a business is necessary to identify opportunities and to stay ahead of external forces such as new competition and changing consumer demand. In Strategic Management, you will learn how to develop a business strategy including analyzing the competition and identifying ways that your business can gain a competitive edge.
Posted by Om Agarwal 6 years, 9 months ago
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Ridhima Sharma 4 years, 8 months ago
Posted by Om Agarwal 6 years, 9 months ago
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Sia ? 6 years, 9 months ago
a) Mega Ltd is discussing about the achievement of ‘organisation objective’ in part (i) and ‘social objective’ in part (ii) of the question. Organisational objectives It refers to the goals for the benefit of all stakeholders such as employees, government, shareholders and investors.
Organisation objectives are:
(i) Survival When the organisation earns enough revenue to cover its cost.
(ii) Profit When the organisation earns enough revenue to cover costs and risks of the business.
(iii) Growth It implies growth in terms of sales, profit, number of workers, products produced and sold, etc.
Social objectives Since, business organisations are social units, their objectives should be in line with general needs of the society.
Some of the social objectives of an organisation are :
(i) Supply of quality products.
(ii) Using environmental friendly methods of production…
(iii) It should provide employment opportunities to the disadvantaged sections of society.
(b) Two values which the company wants to communicate to the society are:
(i) Promoting employment opportunities By providing employment to the people of backward area.
(ii) Environment friendly By producing solar heaters and reduce production of electric heaters
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Gaurav Seth 6 years, 9 months ago
|
Basis of Difference |
Standing Plans |
Single-use Plans |
|
1. Period <pre> </pre> |
These plans are formulated for a long period. <pre> </pre> |
These plans are for a short period and |
|
2. Object |
These plans are formulated to bring about |
These plans are designed to run suc- |
|
3. Types |
They are of six types: (i) Objectives, |
They are of two types: |
|
4. Scope |
They guide the managers in particular matters |
These plans guide in matters of daily |
|
5. Basis |
They are based on the main objectives of the |
They are based on the standing plans |
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Nagasaki Ali 6 years, 8 months ago
1Thank You