Shanto-Mariam University of Creative Technology Department of Business Administration Principles of Management Short Questions 01-Question: Distinction between delegation and decentralization. Answer: Delegation: Delegation is the assignment of authority and responsibility to another person (normally from a manager to a subordinate) to carry out specific activities. Decentralization: Decentralization means dispersal of authority throughout the organization. It refers to the systematic
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1. Introduction: Leitax is a large digital camera manufacturer and it was the seventh largest player in the field of digital camera business in 2004. It is headquartered in Memphis, Tennesse, U.S.A and made a revenue of $423 million in 2002. Leitax was a subsidiary of Newplex, a $22 Billion print, imaging and a consumer electronics company. Leitax was started owing to the large boom period witnessed in the digital camera market in the early 2000’s. It was to become a company that focused on manufacturing
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SUCCESSION PLANNING The Entrepreneurs Personal Financial Plan W hen entrepreneurs consider their personal finances, it is critical they understand that the greatest intergenerational transfer of wealth in history will occur in the United States over the next decade. An estimated $10 trillion is expected to change hands, much of this resting in the hands of the nation's entrepreneurs, who must decide the fate of their companies when they are ready for transition. Many entrepreneurs who have
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Forecasting: Management function begins with forecasting. It is the scientific process of looking forward which is based on past performance, current analysis and future trends. Planning is based on forecasting. Every company undertakes the process of forecasting, either on its own or takes note of general economic forecasts made by various competent authorities. Some companies also have consultants for this purpose. Confederation of Indian Industries (CII), Centre for Monitoring Indian Economy
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ROCK CAFÉ* With the growth of Hard Rock Café – from one pub in London in 1971 to more than 110 restaurants in more than 40 countries today – came a corporate wide demand for better forecasting. Hard Rock uses long-range forecasting in setting a capacity plan and intermediate-term forecasting for looking in contracts for leather goods (used in jackets) and for such food items as beef, chicken, and pork. In short-term sales forecasts are conducted each month, by café, and then aggregated for a headquarters
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Geothermal Energy: -Geothermal energy is simply power derived from the Earth's internal heat -Contained in the rock and fluids beneath Earth's crust Three Types of Geothermal Power Plants- -Dry Stream- takes stream out of fractures in the ground and uses it directly to drive turbine -Flash Plants- pull deep, high pressure hot water into cooler, low pressure water. the stream that results from this is used to drive turbine. -Binary Plants- the hot water is passed by a second fluid with
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44. MINERAL WATER 44-2 TABLE OF CONTENTS PAGE I. II. III. SUMMARY PRODUCT DESCRIPTION & APPLICATION MARKET STUDY AND PLANT CAPACITY A. MARKET STUDY B. PLANT CAPACITY & PRODUCTION PROGRAMME IV. RAW MATERIALS AND INPUTS A. RAW MATERIALS B. UTILITIES V. TECHNOLOGY & ENGINEERING A. TECHNOLOGY B. ENGINEERING VI. MANPOWER & TRAINING REQUIREMENT A. MANPOWER REQUIREMENT B. TRAINING REQUIREMENT VII. FINANCIAL ANLYSIS A. TOTAL INITIAL INVESTMENT COST B. PRODUCTION COST C. FINANCIAL EVALUATION D. ECONOMIC
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Effects of over population in Mexico City There are parts of the world that have an alarming overpopulation rate, one of these locations is Mexico city which is located in the Federal District, Capital of the Country of Mexico. Mexico City's enormous population continues to rapidly increase every day. With approximately 20 million residents; up from 9 million only 20 years ago, Mexico City is considered the most populous urban center on earth. There are many people in the country of
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sustainably?" This is a question that should have been looked into decades ago, yet the answer is still unclear. With no regards to what the answer may be mankind persists in rapidly escalating its population as if the worlds sustainable population capacity is limitless. With the numerous problems that currently plague mankind, overpopulation is perhaps the most threatening and overlooked issue. If current population trends continue there will undoubtedly be terrible repercussion to face in the future
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further improve their financial model and prospects of acquiring further investments. 2) Why did the founders revise their financial plans (Exhibit 3 -> Exhibit 5)? Plan 1 was based on assumptions from similar European business models and capacity utilization. Hence based on European structure she included $300
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