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QUESTION 1
(a) Define the term management by objective (MBO) and outline its unique features
(b) Enumerate and explain the two main organizational structures?
QUESTION 2
(a) Define the term management ethics and outline major benefits of being ethical?
(b) Explain the term "ethical dilemma" and how to deal with it?
How is the market mix illustrated by the P variables of marketing? The given figure demonstrates the market mix, additionally sub divided as: The marketing mix is the centra
It is known as Balance of payments - an economic term. (BOP) calculates the payments that flow among any individual country and all other countries. It is used to summarize all int
QUESTION Explain to the management of UTM Ltd the advantages and implications of using databases as opposed to using traditional flat file systems or spreadsheet files within t
What is Collective Bargaining? Collective Bargaining: It is constitutes the negotiations among the management and the union along with the ultimate purpose of agreeing on
Explain the risk-taking capability of an entrepreneur. Risk-Taking Capability: Risk is inseparable and inherent element of entrepreneurship. He supposes about the uncerta
QUESTION Instruction- Read the following case study and answer the questions below On a Saturday night at one in the morning Mr and Mrs Samuel, repeated guests of Marriott
What is an art of recording? Art of recording: Accounting is an art of recording business transactions within the books of accounts into a systematic way soon after their
Question: A reinsurance company writes a book of catastrophe reinsurance contracts to an expected combined ratio of 60%. It estimates that its aggregate claims distribution is
A quality circle is a completely voluntary group of 6 to 8 workers of a shop or who meet regularly during company time once very fortnight or ever month under die leadership o
QUESTION Before designing a Total Quality Management system for an organisation, a quality audit is a must. (a) Describe five benefits of performing a quality audit. (b)
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