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In the face of rising costs, the senior management in PT Company has decided that significant cuts will be needed in the budgets of some of its departments. The promotional budget was singled out to be hardest hit
Explain how YE should approach the negotiation, including reference to the different stages in the negotiation process.
Negotiation is the process of satisfying needs by reaching an agreement. It is often necessary within organisations to resolve conflicts of interest among two or more parties which have arisen because the parties have different objectives. In this case, the senior management of PT Company have the object of cutting costs, whilst for YE, the Marketing Manager, the cut to the promotional budget will have a detrimental impact on the launch of the latest product range. YE will need good negotiation skills to help him to secure the budget he require.
Policies are general statements to guide subordinate thinking in the decision making process. policies define the area within which a subordinate may make a decision. In
A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y paper
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Organization design Organization design refers to the overall configuration of positions and interrelationships among positions within the organization. Design therefore mainly
What do you mean by the terms tangible and intangible while applied to costs and benefits? Tangible costs or benefits are those for that a plausible quantitative value can be
Question 1: (a) Outline some of the management principles that Project Managers need to adopt while managing a project team. (b) Resistance to change is inevitable, and th
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Explain about the term project initiation document. A project initiation document (PID) that is project proposal document or charter, is a report to illustrate a business case
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