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Strategy is developed at different levels in large organisations. The process starts with the corporate strategy which is then translated into the strategy for the business divisio
Introduction to Risk Management Let us begin with defining Risk. Risk, is an integral part of the business scenario, and can be termed as a potential event that can have opport
Consider the organisation which employs you or where you study. What is the culture of this organisation? Why does this have that exacting culture? What organisational culture woul
Question 1: "One of the main challenges of hotel management today is the rapid changes in customer requirements, trends and tastes, resulting in the necessity for frequent exte
What are included in the privatisation of public sector undertakings? Privatisation of public sector undertakings: It is consisting of witnessed the trend toward opening
Project Management Functions Let us now discuss the project management functions. Project management process consists of five core functions to utilise resources to accomplish
Limitations of Group Technology or Cellular Manufacturing Group Technology is a great concept. But all good concepts do have their own limitations and need proper care in their
Question 1 Differentiate between Commercial and Open Source ERPs software packages Question 2 For a successful MRP system three types of information are very essential. Descr
Quality ultimately is calculated in terms of customer satisfaction.) Surveyed before product delivery and after product delivery (and on-going on a periodic basis, using standar
Question: As the Managing Director of your organization, you have been analyzing other institutions that you regard as competitors. Extrapolating your current position up to t
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