4 P (Product, Price, Place, & Promotion). Jean Pierre needs to write a marketing plan. A marketing plan is written document composed of analysis of the current marketing situation, opportunities, and threats for the firm, marketing objectives and strategy specified in terms for the four Ps (Product, Price, Place, & Promotion), action programs, and projected or pro forma income and other financial statements. Within the marketing plan that JP develops; the marketing plan needs to specify the marketing activities for a specific period of time. The marketing plan needs to be broken down into various components – how the product/and or service in this case will be conceived or designed, how much it should cost, where and how it will be promoted, and how will it get to the consumer.
Or, how much people are willing to spend for your good or service? These are just a few things that one has to think about when making the prices. Now there are what is called value-based pricing and cost-based pricing. Let’s examine the two and indentify the differences between them. When creating the prices for your good or services a factor that needs to be considered is value-based pricing.
1.4. Competitor analysis: Identify who are the nearest competitors and market leaders then benchmark performance. Which market segments do competitors target, compare brand identities and culture, pricing and sales structures, competitive response and financial strength. 1.5. PESTLE analysis: Evaluation of macro-economic factors which influence the market, evaluate future opportunities and threats.
Employees who are engaged lower the risk of turnover for the company. Simply put, when employees are satisfied and engaged they are far more likely to stay with the organization. The fourth benefit is innovation. There is a strong relationship between innovation and employee engagement. Employee who engaged, work at higher level and interest to their job.
ASSIGNMENT # 1: Make or Buy Analysis Assignment # 1: Make or Buy Analysis PMAN 641 – Project Procurement Management September 22nd 2010 Table of Contents Introduction3 Topic – Make or Buy Analysis4 Conclusions7 References8 Assignment #1: Make or Buy Analysis IntroductionMake or buy analysis is a decision making process which requires an in depth analysis of the pros and cons in order to determine the strategic benefits to be gained from, retaining a product or service in-house or alternatively sourcing from a supplier or service provider. According to Garret (2007) one major problem associated with procurement planning is deciding which goods and services to provide or perform in-house and which to outsource. The “make” or “buy” decision remain one of the most critical supply chain strategic decisions. The decision is important for a number of reasons as it can determine and define an organization’s competencies. It also affects the level of investment a business should make internally as well as with suppliers.
MZUMBE UNIVERSITYSCHOOL OF BUSINESS NAME : SALUM I. MBEO REG NO. : MBA/CM/MZC/014/T.12 PROGRAME : MBA (CM) SUBJECT : ORGANISATION BEHAVIOUR TASK : TERM PAPER TOPIC : RECRUITMENT ADVERTISING | Defining Recruitment and Recruitment Advertising The term recruitment and selection are often considered together, but they are in fact distinct human resource management activities. While recruitment involves actively soliciting applications from potential employees, selection techniques are used to decide which of the applicants is best suited to fill the vacancy in question. Recruitment is a positive activity that requires employers to sell themselves in the relevant labour markets so as to maximize the pool of well-qualified candidates from which future employees can be chosen. Recruitment advertising is therefore an advertisement for a job position, where the company goes looking for an employee instead of the employee searching out a company.
• Increase the pool of job candidates at minimum cost. • Help increase the success rate of selection process by decreasing number of visibly under qualified or overqualified job applicants. • Help reduce the probability that job applicants once recruited and selected will leave the organization only after a short period of time. 2.1 2.2 Factors Affecting Recruitment The recruitment function of the organisations is affected and governed by a mix of various internal and external forces. The internal forces or factors are the factors that can be controlled by the organisation.
• Matching: Shaping and fitting the offer to the buyers needs including activities such as manufacturing, grading, assembling and packaging. • Negotiation: Reaching an agreement on price and other terms of the offer so that ownership or possession can be transferred. • Others help to fulfil the completed transactions. • Physical distribution: Transporting and storing goods. • Financing: Acquiring and using funds to cover the costs of the channel work • Risk taking: assuming the risks of carrying out the channel work • Carrying of inventory, demand generation or selling, after sales services.
Time management is the key to success; it allows you to take control of your life rather than follow the flow of others. You accomplish more, you make better decisions, and you work more efficiently; this leads to a more successful life. With good time management, you are able to learn more. When you control your time and work more efficiently, you're able to learn more and increase your experience faster. There's a reason some students graduate earlier than others, so imagine implementing time management throughout your entire Marine Corps career.
These are central the business process reengineering project . To successfully implement business process reengineering and use any organizational skills, it requires belief and management by objective to plan and promote policies and strategies. Readiness to implement reengineering greatly reduces the resistance to change. Readiness of the firm depends greatly on the commitment of the firms to imple ment the project and also on the competency of the personnel. So firms with established change management protocols find it comparatively easier to implement BPR projects.