...Submitted By, PRATIK CHATTERJEE ROLL-40 REG NO:1226112240 SEC-B FACULTY, Dr. CH VENKATAIAH OPERATION STRATEGY IN SERVICE: Jet Airways and Indigo. Both are India’s fastest-growing domestic market in aviation. OBJECTIVE AND STRATEGY: Jet Airways: Jet Airways objectives achieve consistent profitability, achieving healthy, long-term returns for the investors and providing its employees with an environment for excellence and growth. 1. Changes to its cost structure. 2. Factors affecting demand in international travel to and from India, including the general condition of the global economy. 3. Operational, financial, marketing and legal challenges (including compliance with foreign laws) that are different from those that we currently meeting. 4. Its ability to operate and manage in a cost effective manner, a larger operation. 5. Ability to secure a sufficient number of additional aircraft on favorable lease or purchase 6. Its ability to trained sufficient numbers of pilots, flight crew and engineers with international experience. In-flight services of Jet Airways: 1. Jet Screen offers a virtual feast of entertainment for the guests- from blockbuster movies to the latest music albums, from award-winning TV shows to the best games, experience a journey that redefines in-flight entertainment...
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...The Nature of Entrepreneurship Danielle Norris Missouri Southern State University Abstract The two keys to a sustainable social enterprise are the economic factors and the enabling technology. Economic factors are key to the social enterprise because when a social entrepreneur has the economic factors align with their mission it can be huge contribution to it’s success. Enabling technology provide many benefits to the social enterprise such as lowering cost or by creating innovative ways to complete thing that could not have been completed before. Some successful SABE have used the blended approach, which has use both the economic factors and enabling technology as a key factor to their social enterprise. The Nature of Entrepreneurship The nature of entrepreneurship can seem very attractive to college students and persons who have recently graduated from college. The desire for college students to become entrepreneurs can be link to the attitudes and personal interests of an entrepreneur seeing that they are very similar to the typical college student’s attitude. There is a unique form of entrepreneur that uses their entrepreneurial attitudes and abilities to seek novel ways to solve pressing social problems; this form of entrepreneurship is called social entrepreneurship. Social entrepreneurs take risk to build social enterprises with the mission to help make lives better. Two keys to a sustainable social enterprise are the economic actors and the enabling technology...
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...Strategic Management Process MGT/498 Abstract The primary components of the strategic management process are strategic planning and strategic execution. The strategic management process is an important factor to the success of an organization. Components to consider are the planning and execution of the strategy. Wal-Mart is trying to increase their sales by reinventing how they do business and building on the Internet side of the business. Strategic Management Process Organizations begin because someone had an idea and wanted to share it with the world. However, an organization cannot be successful based on the ideal alone. Some planning must take place to establish the internal and external components of the organization. In other words, policies on how the company will operate, procedures on how the product is developed, and how to reach the customer base is imperative prior to starting a business. This is when strategic management is most effective. According to Wheelen and Hunger (2008), strategic management is “a set of managerial decisions and actions that determines the long-run performance of a corporation” (p.5). The purpose of the paper is to explain the primary components of a strategic management process, indicate why a strategic management process is needed, and examine a strategic management process of Wal-Mart. Primary components of strategic management Strategic planning and strategic execution are the primary components of strategic management...
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...P1- Describe the recruitment documentation used in a selected organisation. Your report should include the following Using your knowledge of human resources and the information given to you by the speaker, write a 1500 work report on how BDO manages its human resources. Introduction to BDO: BDO was founded by A F Stoy in 1903. It was originally called ‘Stoy&Co’, but then was joined by R J Hayward in 1919. After joining with Finnie&Co in 1992, the firm was extended nationally through a union. The name was then changed to ‘BDO Stoy Hayward’. Today, BDO International is an advanced service network of public accounting firms serving both National and international customers. BDO is located in 151 countries worldwide. It is currently the sixth largest accounting firm in the UK. There values/beliefs state that they have honesty and integrity, meaning that they will not give false information to clients or mislead them in any way. Mutual Support and Respect, refers to the teamwork and strong relationships within their working community. Professional and Personal Client Relationships, to understand the person as well as the business and to build relationships based on trust and respect. Lastly, Empowerment and Personal Responsibility, to work with confidence and to Show that trust and responsibilities work hand-in-hand. Types of employment- different roles in BDO There are currently 89 job vacancies types of employment that BDO has to offer. These roles include: ...
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...ABSTRACT Due to historical factors, Chinese state-owned enterprises naturally have serious property-right problems. As the state-owned enterprises’ reforms go on, people realize that the only way for the state-owned enterprises lies in the property-right reform and the optimization of governance structure. This reform was made in the background of the decision of “conducting strategic reorganization of the state-owned economy to realize the congregation of state-owned capital from normal competitive sectors to strategic sectors”, which was made in “the fourth plenary session of the 15th central committee”. Under this background, privatization of the state-owned enterprises not only meets the time, but also has good policy environment. We can believe that MBO will have a wide perspective during exit of the state-owned capital and the optimization of the governance structure of the state-owned enterprises. After having deep researches on the economic theories of MBO, this paper first states the basic theory of MBO, after that it has an all-oriented analysis about frame of MBO. Then, it analyze the risk and difficulties of MBO. After that, through the case “XinChaoShiYe” by the listed company, it fully shows the whole process of the listed company’s buyout. At last, the paper put forward some useful policy suggestions of normalized operation for the MBO on the basis of full analysis about problems on MBO by listed companies. Key words: Management Buy-outs; listed...
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...Section 1. Halfords Group PLC is a well-known retailer of car parts and services, along with the bicycle operating in the UK. The business uses different sources of funding in past three years, including: Retained earnings, long-term debt and inventories. Retained earnings Company’s retained earnings have made a gradual increase from 2012 to 2014. In 2012, the retained earnings made up 51.72% of the total equity; however, this proportion rose to 57.56% in 2014. Graph 1. Retained Earnings in 2012 – 2014 period It would be the changes in dividend policy through the fiscal years that positively determined the amount of earnings retained by the company (Skinner, 2006). In 2013, Halfords Group PLC decided to cut off the dividend to invest more in its stores as well as facilities (Telegraph, 23/5/2013). There was a decrease of the final dividend per share from 0.14 GBP in 2012 to 0.09 GBP in 2013, which partly helped declining the total dividend by 36.4% for the past three years. The strategy’s outcome resulted in, an appreciation of retained earnings of 26.4% in 3-year period. Graph 2. Dividend paid per share in 2012 – 2014 period Long-term debt Halfords Group PLC’s long-term debt during the fiscal year to March 2014 has been significantly reduced 36.8% in comparison to the figure in March 2012. This deflation may indicate the company’s financial strategy in cutting down the non-current liabilities, due to the fact that there was a 25% downfall to 71 million £ in their...
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...[pic] BEHAVIORAL FINANCE LECTURER: DR. CHUN AN LI Assignment I Student name: Dinh Thi Quynh Nhu (Tina) Part 1: Vietnam Joint Stock Commercial Bank for Industry and Trade report, The Beta is 1.52 Reference link: http://cafef.vn/hastc/CTS-cong-ty-co-phan-chung-khoan-ngan-hang-cong-thuong-viet-nam.chn Part 2: Nowadays, financial market keeps changing so fast, which would affect a lot almost investors, especially with efficient market. Post earning announcement drift (PEAD) is the tendency of stock returns to continue moving in direction of thee earning surprise for a year after the initial disclosure of earning. However, will PEAD is effected immediately in the following quarter? In order to answer this question, we have to do PEAD procedure and give some analysis based on the results ( which porfolio should we invest on?). We have: SUEt = Earning per share of each stock was: Average earning = 3.55 Earning standard deviation = 2.25 (SUE1 = 0.24 (SUE2 = 0.2 (SUE3 = (0.69) (SUE4= 0.02 (SUE5 = 0.38 (SUE6 = (0.29) (SUE7 = (0.24) (SUE8 = 0.2 (SUE9 = 0.29 (SUE10 = (0.1) From SUE results we have: |LOWEST |(0.69) |Group 1 | | |(0.29) |Group 2 | | |(0.24) |Group 3 | | |(0.1) ...
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...Sociotechnical systems theory was created by researchers in human relations in the early 1950s. They found the two were important and needed for the effectiveness of businesses could reach higher potential when they focused on having the internal workplace and the external of the business (the customers) all uniform. Sociotechnical systems theory is when organizations are effective. This is broken down into two parts: social and technical. The employees make sure they follow orders correctly are the social part. The technical part is having right training knowledge and tools so the business can be productive and effective in making sure the customers are happy and return consistently. Social technical systems theory was started being used by Japanese companies which integrated technical systems and management to achieve high performance. Large U.S. automakers like Ford and Chrysler also started to look this way. They wanted to understand how the Japanese were applying these tactics to make their business and their products achieves. The second approach is called quantitative management. This approach helps analysis the decisions and problems of the manager. This helps them to develop formal mathematical models of whatever the problem is. This is the use of science. This started during the World War II around 1940s. Private companies started to use this theory to get a grip of more complex issues they were having. They use computers to develop certain quantitative methods...
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...Pre-Module Assignment Don’t Shoot the Messenger Supply Chain Planning & Control and strategic sourcing have been one of the fastest growing areas of management, particularly over the last ten years. Nowadays, cost of purchasing of raw materials and components parts from external suppliers are very important. As an example, in automotive industry, costs of components and parts purchased from external sources may total more than 50 costs for high-technology firms (Weber et al., 1993). It shows the importance of decisions of the purchasing activity. Indeed, they determine the most important part of the final cost of the product. Among the decisions related to this activity, supplier selection is the most capital decision (Nydick and Hill, 1992) and (Mobolurin, 1995). Without any doubt, this selection is one of the decisions which determine the long-term viability of the company (Thompson, 1990). Before managers make the selection and make purchase decisions, they should make sure the TCO of the product. Total Cost of Ownership, is a calculation designed to help people make more informed financial decisions. Rather than just looking at the purchase price of an object, TCO looks at the complete cost from purchase to disposal. It adds to the initial purchase price other costs expected to be incurred during the life of the product, such as service, repair and insurance. The additional costs that must be added to the initial purchase price to calculate the total cost...
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...Operations Management Operations Management Customer Complaints & Quality Manangement at Hotel – The Manor Group 8 – Section B Sukhmeet Singh Sikka PGP15114 Harshit Jain PGP15082 Kanika Verma PGP15085 Nakul Yadav PGP15092 Pratika Saini PGP15100 Vikas Srivastava PGP15119 Customer Complaints & Quality Manangement at Hotel – The Manor Group 8 – Section B Sukhmeet Singh Sikka PGP15114 Harshit Jain PGP15082 Kanika Verma PGP15085 Nakul Yadav PGP15092 Pratika Saini PGP15100 Vikas Srivastava PGP15119 Importance of Customer Complaints: Customer complaints are an important source of improvement for any industry especially the service sector. It offer the industry an opportuinity to correct immediate problems and pave way for preventing long term issues. Also, in addition to this they also provide constructive ideas for improving the products and services, adapting to the new market market practices and updating the services. In case of service industry, occasional problems with service of merchandise are, to some extent, inevitable, dissatisfied customers are not. Companies can learn to recover from mistakes. A good recovery can turn angry, frustrated customers into loyal ones. Recognizing the importance of responding fairly and efficiently to buyer disappointment in the marketplace, many businesses have established effective and innovative systems for resolving consumer complaints...
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...MANANGEMENT MANANGEMENT group mambers zohaib saleem (050) m.kshif shahzad (032) omer Farhan Raheel shokat group mambers zohaib saleem (050) m.kshif shahzad (032) omer Farhan Raheel shokat DDP-BBA-FA12 DDP-BBA-FA12 More than a good story Q no:1 As the top managers of company what type of issues might bert and jhon have to deal with? Answer… As the managers of a local firms they may face lot of problems. Frist one problem which they have to face is the legal problem. Like licensing. As its a local firm which have no license to sale the products of other companies. And may not have the legal protection to produce what you wants. Or to sale what you want.. Other one problem is the copyright problem .As it’s a local firm which is not register yet and may not have the copy right. So by this may be their good one desghine are copied by any one of company. As the financial situation of the both owners of company is described in the case like they are living in a cabin type van, so they may face the financial problem later on. They may face the problem of human resources management. Social law violation is another problem which may face by the company. Like they still don’t have the franchising system in the beginning and sailing their product at door step and in the one way streets which may be hazardous for the people. Q no:2 Would these approaches of management work for other organizations? Answer… yes these approaches are applicable in the almost all...
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...Diversity in Leading and Control Management is the part of an organization that is in control of leading and controlling the organizations employees. Management has to deal with diversity in the workplace in different ways such as his or her employee’s gender, race, religion, education, ethnic background, and sexual orientations. Whether a manager can deal with the diversity in the workplace can make or break him or her. A big part of leading is the managers’ capability to train their workers. An example is a large organization like Wal-Mart. Employees at Wal-Mart have particular jobs they are responsible for. Management must be qualified to train the employees in the job they have been hired to do. Without the correct training the employees may not be able to do the job correctly, which can cause the store to lose sales which can affect the company in a whole. Management also has to decide which employee is capable of doing a job. Some jobs call for heavy lifting, many cases education background, and ethnic background. Some employees because of religious backgrounds will not work on Sundays and some holidays. In these cases management has to work with these diversities and locate the right employee for the right job and schedule hours to accommodate religious beliefs. Management must also be qualified to control the workplace. If the manager does not have enough control, the workers may lose respect for him or her and not give one hundred percent. If management is too controlling...
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...Drops AstraZeneca Takeover After Dispute (May 25, 2014) “Our final proposal was compelling and represented full value for AstraZeneca” is the statement given by Pfizer chief executive Ian Read speaking on Pfizer’s bid for fellow pharmaceutical giant AstraZeneca. Following a month long, public dispute between the two pharmaceutical giants, Pfizer is backing out of the $118 billion merger of the two companies. The conflict centers primarily on share price disputes between the two companies. The news of the failed deal gives AstraZenca investors mixed reactions. Investors may now force more pressure upon the board of the Anglo-Swedish AstraZeneca in order to produce higher returns. Some shareholders such as Aberdeen Asset Manangement believe that Pfizer’s bid is too low. Others such as Jupiter Fund Management believe that AstraZeneca is missing a beneficial opportunity. The details of the deal are complicated, but the main components of the dispute revolve around increasing Pfizer’s share prices. After four previous attempts to make a deal, Pfizer is unable to raise the $75.05 per share that AstraZeneca is asking to obtain. In short, AstraZeneca believes that Pfizer is not offering fair monetary and stock compensation for the company, and therefore has allowed the deadline for the deal’s completion to pass. Following the news of the deal’s failure, AstraZeneca shares have fallen by 2.1 percent, closing near $58.01 per share yesterday. Pfizer finds...
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...(20%) and kuo Co. Singapore (10%). Company Name: Toyota Motor Vietnam (TMV) Slogan: moving forward Establishment: September 5, 1995 (official openning in October 1996) Investment capital: $US 89.6 million Business field: - Producing, assembling and selling Toyota vehicles - Repairing, maintaining and selling Toyota genuine parts - Exporting auto parts Products: - Camry, Corolla Altis, Innova, Vios and Fortuner (Locally-produced models) - Land Cruiser, Hilux, Yaris, Land Cruiser Prado (Imported models) Partner: - Toyota Motor Corporation (70%) - Vietnam Engine and Agricultural Machinery Corporation – VEAM (20%) - KUO Singapore Pte. Ltd (10%) Employees: Over 1,500 employees (including seasonal members) Top Manangement: - President: Mr. Yoshihisa Maruta - Vice President: Mrs. Dang Phan Thu Huong Production Capacity: 30,000 vehicles/year/2 working shifts Address: - Headquarter: Phuc Thang Ward, PhucYen Town, Vinh Phuc Tel: 0211.3 868100 - 12 - Hanoi Branch: 8th floor, ViglaceraTower, No. 1, Thang Long Avenue, Me Tri, Tu Liem, Hanoi Tel: 04. 3 5536878 - 98 - Ho Chi...
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...regulation affect you or the business in which you are working? If so, how? Submit a copy of the proposed regulation along with your responses to these five questions. The proposed regulation can be submitted as either a separate Word document (.doc) or Adobe file (.pdf). This means you will submit two attachments to the Week 2 Dropbox: (1) a Word doc with the questions and your answers and (2) a copy of the proposed regulation you used for this assignment. (10 points) The Department of Health and Human Services; the Food and Drug Administration is the agency which controls this regulation. The topic that will be discussed is the information required in prior notice of imported food. This interests me greatly because I majored in Hospitality manangement for my Undergraduate degree with the aspirations of someday opening a restaurant. This topic deals with what is needed to import food from abroad, and this will greatly impact my restaurant when I open my business. 2. Describe the proposal/change. (10 points) The proposal requires additional fundamentals of information submitting prior notice to imported food, including food for animals, to report the name of any country in which the article has been denied entry. This information can make it very helpful to the FDA to be better informed about potential risks of imported food into the United States. 3. Write the public comment which you would submit to this proposal. If the proposed regulation deadline has already passed, write the...
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