Explain in detail "Further scope in Business Decision Making"
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- 5 Suppose you are writing a business plan for an event plannning business what are the: Complimentary Products / Services • Advances in Technology • Economic Conditions: improving / declining • Customer Demographics • Environmental challenges • Global forces of change • Governmental and regulatory changes now and pending • Social / Cultural issues existing and trendingWhat is a firms micro environment, and why is it important?DISCUSS: BUSINESS IS VERY BROAD AS IT TOUCHES VARIOUS DISCIPLINES. GIVE ATLEAST 5 DISCIPLINES THAT CAN BE TACKLED IN SCRUTINIZING BUSINESS AND ITS CORE PURPOSE TO ASSESS EFFECTIVE FUNCTION OF IT IN TERMS OF MANAGING PEOPLE, MONEY AND SUCCESS.
- Expalin with teh real example why IT is very important in business todaayout Mag c Aab AaB Act Fot Answer All Questions 1. Define and edeplain the term management? Discuss the roles of a manager according to Mintzberg and explain the skills needed by a manager in executing his or her role. 2. Management has evolved through four stages, state these stages and explain the contribution of Mary Parker Follet, Chester Barnard and Max weber to the management of institution. 3. What is a decision and What are the various steps to be followed in the decision-making process, are there challenges to decision making and how can these be addressed? 4. A business environment is needed for development of business, explain? micro and macro environment and their factors and how they affect organizationsWhat does SWOT means and Differentiate between the internal and external environment of a business.