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Diversification (strategy) Diversification Strategy Diversification strategies are used to expand firms 145.... Study Pack: 1 Summary About 9 pages (2,803 words) in 1 product

Due diligence Due Diligence Due diligence is a legal term that describes the level of care or judgment that a reasonable person would be expected to exercise in a given situation. The term finds application in a wide range of business settings, including... Study Pack: 2 Summaries About 5 pages (1,570 words) in 2 products

United States Census Bureau The U.S. Census Bureau has a long history in the United States of America. The Census Bureau collects data about the people and economy of the United States every ten years. The first census was taken in 1790 by U.S. marshals who were told... Study Pack: 3 Summaries About 12 pages (3,617 words) in 3 products

Returns to scale   Economies of Scale and Economies of Scope Economies of scale are reductions in average costs attributable to production volume increases. They typically are defined in relation to firms, which may seek to achieve economies of scale by becom... Study Pack: 2 Summaries About 10 pages (2,996 words) in 2 products

Electronic commerce   In the late 1960's, the American Defence Department began the Internet. The network quickly grew to include scientists and researchers across the country and eventually schools, businesses and libraries around the world. The internet provid... Study Pack: 6 Summaries, 3 Essays About 57 pages (16,968 words) in 9 products

Electronic Data Interchange Electronic Data Interchange and Electronic Funds Transfer Electronic data interchange (EDI), or electronic data processing, is the electronic transmission of data between computers in a standard, structured format. Electronic funds transfer... Study Pack: 2 Summaries About 15 pages (4,344 words) in 2 products

Employee benefit   Employee benefits are compensations given to employees in addition to regular salaries or wages. These compensations are given at the entire or partial expense of the employer. Benefit packages usually make up between 30 and 40 percent of ... Study Pack: 4 Summaries About 19 pages (5,576 words) in 4 products

Recruitment   Recruitment & Selection One of the most important functions of an organization's Human Resources Department is the Recruitment and Selection of qualified employees. It is important that HR selects individuals with the skills and backgroun... Study Pack: 2 Summaries, 1 Essay About 11 pages (3,175 words) in 3 products

Labour and employment law Over the past 100 years, federal, state, and local governments have created a body of laws, rules, and regulations to protect the rights of workers. These laws cover many aspects of work. As it is impossible to review all of these elements... Study Pack: 2 Summaries About 25 pages (7,458 words) in 2 products

Enterprise resource planning Enterprise Resource Planning Enterprise resource planning (ERP) refers to a computer information system that integrates all the business activities and processes throughout an entire organization. ERP systems incorporate many of the feature... Study Pack: 2 Summaries About 16 pages (4,861 words) in 2 products

expatriate Expatriates An expatriate is an employee sent by his or her employer to work in a foreign country. The firm is normally referred to as the parent company, while the country of employment is known as the host country. If General Motors sent ... Study Pack: 1 Summary About 0 pages (0 words) in 1 product

Expert system Expert systems, also called "rule-based systems," are computer programs or sets of programs that use knowledge of a domain (a specific field or discipline) to act as an expert in that domain. Expert systems have been built fo... Study Pack: 5 Summaries About 31 pages (9,249 words) in 5 products

Financial ratio   Financial Ratios Financial ratios are one of the most common tools of managerial decision making. A ratio is a comparison of one number to another .... Study Pack: 2 Summaries About 16 pages (4,928 words) in 2 products

First-mover advantage Miles and Snow Typology In their 1978 book Organization Strategy, Structure, and Process, Raymond E. Miles and Charles C. Snow argued that different company strategies arise from the way companies decide to address three fundamental proble... Study Pack: 3 Summaries About 14 pages (4,219 words) in 3 products

Flexible manufacturing system   Flexible Manufacturing Business firms generally choose to compete within one or two areas of strength. These areas of strength are often referred to as distinctive competencies, core competencies, or competitive priorities. Among the option... Study Pack: 2 Summaries About 8 pages (2,425 words) in 2 products

List of free trade agreements Free Trade Agreements and Trading Blocs Sovereign nations join together, usually on a regional scale, to create free trade agreements. Free trade agreements are created to lower trade barriers and to stimulate trade between member countries... Study Pack: 2 Summaries About 12 pages (3,567 words) in 2 products

Gap analysis Gap Analysis Gap analysis generally refers to the activity of studying the differences between standards and the delivery of those standards. For example, it would be useful for a firm to document differences between customer expectation an... Study Pack: 2 Summaries About 9 pages (2,711 words) in 2 products

Porter 5 forces analysis   Porter's 5-Forces Model A means of providing corporations with an analysis of their competition and determining strategy, Porter's five-forces model looks at the strength of five distinct competitive forces, which, when taken... Study Pack: 4 Summaries About 34 pages (10,236 words) in 4 products

Group dynamics   Group Dynamics A group can be defined as several individuals who come together to accomplish a particular task or goal. Group dynamics refers to the attitudinal and behavioral characteristics of a group. Group dynamics concern how groups fo... Study Pack: 2 Summaries About 13 pages (4,013 words) in 2 products

Health savings account Health Savings Accounts A health savings account (HSA) is an investment vehicle from which individuals can withdraw funds to pay qualified medical expenses as defined by the Internal Revenue Code. Accumulated funds can be used to pay curren... Study Pack: 2 Summaries About 14 pages (4,317 words) in 2 products

Human resource management system   Human Resource Management within Coca Cola Human Resource Management is an essential part for any organization. Moreover, development of this department is the first step, the ground on which the future of the company depends. It is esse... Study Pack: 2 Summaries, 2 Essays About 38 pages (11,348 words) in 4 products

Human resource management   By integrating human resources management (HRM) into the Hospital planning process and emphasizing human resources (HR) activities that support the Hospital's mission and goals, hospital departments are able to ensure that the management of... Study Pack: 2 Summaries, 1 Essay About 20 pages (5,946 words) in 3 products

Statistical hypothesis testing   Hypothesis Testing Social science research, and by extension business research, uses a number of different approaches to study a variety of issues. This research may be a very informal, simple process or it may be a formal, somewhat sophist... Study Pack: 2 Summaries About 18 pages (5,455 words) in 2 products

Income statement   Income Statements The income statement is one of the three major financial statements that all publicly held firms are required to prepare annually. It provides a record of a company Fortune, 16 September 2002.... Study Pack: 2 Summaries About 17 pages (5,095 words) in 2 products

Labor relations   The nature of Employment Relations The management of employment relations is vital in any business and is critical to the success of any enterprise. Good management is reflected in good employment relations and staff that perform a... Study Pack: 2 Summaries, 2 Essays About 30 pages (9,043 words) in 4 products

initial public offering Initial Public Offering An initial public offering (IPO) is the process through which a privately owned business sells shares of stock to the public for the first time. Also known as going public, an IPO provides a growing business with acc... Study Pack: 1 Summary About 0 pages (0 words) in 1 product

Instant messaging Instant Messaging Instant messaging (IM) is a general term encompassing a variety of software applications that enable users to have real-time text conversations, play turn-based games, and share pictures, music, and data files over the Int... Study Pack: 2 Summaries About 15 pages (4,389 words) in 2 products

Intellectual property   Intellectual property, by which is meant proprietary interest in such intangible yet commercially valuable things as trademarks, technology, and entertainment content, has proven a knotty problem in the adjustment of trade differences betw... Study Pack: 5 Summaries, 1 Quotes About 52 pages (15,569 words) in 6 products

International Business   International Business Today, business is acknowledged to be international and there is a general expectation that this will continue for the foreseeable future. International business may be defined simply as business transactions that tak... Study Pack: 2 Summaries About 16 pages (4,854 words) in 2 products

Cultural identity International Cultural Differences Culture in a global economy is a critical factor in international business. While many business transactions make economic sense, the ability to successfully fulfill profitable relationships often depends ... Study Pack: 2 Summaries About 9 pages (2,573 words) in 2 products

inventory Inventory Management Inventory management, or inventory control, is an attempt to balance inventory needs and requirements with the need to minimize costs resulting from obtaining and holding inventory. There are several schools of thought ... Study Pack: 1 Summary About 0 pages (0 words) in 1 product

Japanese management culture   Japanese Management The Japanese have had phenomenal impact on world markets. Many industries, such as electronics, cameras, watches, motorcycles, machine tools, automotive products, shipbuilding, and even some aspects of aerospace are eith... Study Pack: 2 Summaries About 20 pages (6,059 words) in 2 products

Knowledge management   The basic challenge in knowledge management is learning how to design an organization's strategy, structure, and systems so that the organization can use what it knows to innovate and adapt. Although the field of knowledge managemen... Study Pack: 3 Summaries About 19 pages (5,703 words) in 3 products

Knowledge worker   Knowledge Workers Knowledge workers, alternatively termed knowledge entrepreneurs, free agents, or human capital, constitute the fastest growing sector of the workforce in the world. Peter Drucker, the eminent management writer credited wit... Study Pack: 2 Summaries About 16 pages (4,738 words) in 2 products

http://en.wikipedia.org/w/index.php?title=Special:Search&search=Leadership&fulltext=Search Leadership Theories and Studies Leadership can be defined as a process by which one individual influences others toward the attainment of group or organizational goals. Three points about the definition of leadership should be emphasized. F... Study Pack: 1 Summary About 0 pages (0 words) in 1 product

Just In Time   Lean Manufacturing and Just-In-Time Production Associated with Japanese management techniques, just-in-time production (JIT) is a set of principles and practices based on the philosophy that firms should hold little or no inventory beyond t... Study Pack: 2 Summaries About 10 pages (2,924 words) in 2 products

Leveraged buyout Leveraged Buyouts A leveraged buyout (LBO) is a restructuring of the capitalization and ownership of a company. The term leveraged refers to the use of debt as the primary method of financing the restructuring. The buyout portion refers to ... Study Pack: 2 Summaries About 9 pages (2,638 words) in 2 products

license Licensing and Licensing Agreements A license provides the legal authority to engage in certain acts. Some licenses are required for the protection of the public. For example, a physician is licensed to assure professional competence, and th... Study Pack: 1 Summary About 0 pages (0 words) in 1 product

Strategic management   Strategic management is the process of developing and executing a series of competitive moves to enhance the success of the organization both in the present and in the future. These competitive moves are derived from the demands of the ext... Study Pack: 6 Summaries About 76 pages (22,780 words) in 6 products

Business cycle   The business cycle is the ups and downs of the general level of economic activity. All modern, industrialized countries have fluctuations in their rates of economic activity, leading to the observation that one nation's economy is &... Study Pack: 4 Summaries About 35 pages (10,609 words) in 4 products

Management information system   It deals with planning for, development, management, and use of information technology tools to help people perform all tasks related to information processing and management. In the above definition you can find the three key resources... Study Pack: 5 Summaries, 1 Essay About 30 pages (9,074 words) in 6 products

Change management   Managing Change One of the concepts discussed, written about, and analyzed most frequently in recent years has been organizational change and the related concepts of resistance to change and management of change. Change has been variously d... Study Pack: 2 Summaries About 9 pages (2,818 words) in 2 products

Marketing research   In general, market research is about gathering information from the consumer on a particular product or company. It is done through primary and secondary research, where primary research is the act of gathering the information straight from... Study Pack: 4 Summaries, 1 Essay About 33 pages (9,931 words) in 5 products

Meeting   Meetings have been considered very important from time immemorial. In fact, it could be said that virtually all of the great events in history resulted from meetings. Meetings undoubtedly started when the first cave dwellers met to make cr... Study Pack: 3 Summaries, 1 Quotes About 19 pages (5,807 words) in 4 products

Mergers and acquisitions   M&A in the Financial Services 2005 Outline Abstract Introduction Body 1 Reasons for acquisition 2 Benefits for both parties 3 Royal Bank of Scotland 4 Shares 5 Cooperation between Santander and RBS 6 Potential growth be... Study Pack: 2 Summaries, 1 Essay, 1 Quotes About 31 pages (9,341 words) in 4 products

strategic planning#Mission statements and vision statements Mission and Vision Statements An organizational mission is an organization Boating Industry, May 1996, 47.... Study Pack: 1 Summary About 0 pages (0 words) in 1 product

model Models and Modeling A model is an abstraction of reality or a representation of a real object or situation. In other words, a model presents a simplified version of something. It may be as simple as a drawing of house plans, or as complicat... Study Pack: 1 Summary About 0 pages (0 words) in 1 product

Multinational corporation   (MNCs of multinational corporations) can operate `geocentrically', planning the location of their production and the pattern of their investment according to the balance of advantage across the whole capitalist world economy. For ... Study Pack: 3 Summaries, 2 Essays About 29 pages (8,657 words) in 5 products

Multi-Criteria Decision Analysis   Multiple-Criteria Decision Making Real-world decision-making problems are usually too complex and ill-structured to be considered through the examination of a single criterion, attribute, or point of view that will lead to the optimum decis... Study Pack: 2 Summaries About 9 pages (2,611 words) in 2 products

New product development   New Product Development The dynamics of markets, technology, and competition have brought changes to virtually every market sector and have made new product development one of the most powerful business activities. The monumental changes th... Study Pack: 2 Summaries About 15 pages (4,584 words) in 2 products