This course directly correlates with my current position as a Payroll Specialist and Project Manager. As a Payroll Specialist and Project Manager (PSPM) for Expressions of Hue, I am responsible for communicating effectively with customers, co-workers and independent business owners during the bidding process through e-mail, letters, and memos on a daily basis. This memo represents the results of my research and findings as to why tuition reimbursement would be cost effective and efficient for the company. What Are the Advantages? Tuition reimbursement offers several important advantages: • The skills learned and practice during the course will increase the level of productivity at work.
Essay Topic: The critical evaluation of the significant role of mentoring in the modern business world. Essay Questions: What is the meaning of business mentoring? In what way mentoring is divided to fit all the organization-levels? What are the pas experiences and the perspectives of mentoring? Thesis Statement: Mentoring is the process of sharing the experience with the employees in order to make their work better and deduce the quality of the work on a higher level.
Mid Term Exam Name Instructor Enterprise Resource Planning Date Question 1: Advantages, Disadvantages, and Lessons Learned Research a company that has implemented an ERP system. Please outline the advantages, disadvantages, and lessons learned. Enterprise Resource Planning (ERP) systems have transformed the way organizations are doing business. By integrating business processes, companies share common data and practices across the enterprise and produce and access information in a real-time environment. Benefits from an ERP implementation include expense reduction and improved customer service, often providing a competitive edge.
Task 1(P1) To answer this task you will therefore need to interview the manager of a local business. This could be a firm that you work for, a shop that you visit regularly or even a family business. Your interview should find out the following: • The types of information they use with examples • The sources from which they get information • The purposes to which they put the information Different Types of information There is a different and wide variety of ways information can be used and sourced, and with an effective business person, they will research the information from a range of different sources before making that decision on which one their business should use. The types of information are: Verbal, written, onscreen, multi-media, and web based. Verbal information This type of information is based on a face-to face verbal communication and is considered the best way to communicate both internal and external.
According to Chase, Jacobs, and Aquilano, a learning curve is a line displaying the relationship between unit production time and the cumulative number of units produced. Learning (or experience) curve theory has a wide range of application in the business world. The learning curve can be applied to organizations or individuals. In regard to organizational learning, the results are from practice also from change in many other departments such as administration, equipment, and product design. Individual learning is improvement that results when people repeat a process and gain skill or efficiency from their own experience.
Advantages of Industrialized Education By applying business concepts of industry to distance education, several advantages occur. One benefit involves the design phase of a course, where a group of people with specialized skills works on the same course. Peters (2004) describes this procedure as a division of labor. By dividing the responsibility of producing a course into several small tasks, universities and colleges find and employ instructors with the necessary skills. In the online environment, instructors can produce "learning objects" (Caplan & Graham, 2008, p.248) which provide re-usable units of highly specialized learning.
Analysis of development needs and learning styles Effective learning is an essential component of business strategy. The purpose of a learning needs analysis is to identify and prioritise the critical learning needs. This section describes some standard approaches that can be modified and tailored to the specific needs of the organisation. Identifying learning needs key points * When identifying learning needs the following must be considered: * Legislative requirements * Organisational needs * Job or group needs * Individual or team needs * All employee learning and development activities should support and directly link to the business strategy. * The learning needs analysis should be an integral part of a comprehensive learning and development strategic plan, built from the business plan, to gain the support of senior management.
Explain how sales management organize sales activity and control sales output………16 – 18 3.5. Explain the use of databases in effective sales management………………………………..19 Personal Reflection on task 4.2………………………………………………………………….20 References and Bibliography…………………………………………………………………….21 INTRODUCTION: Understanding of sales planning and operations combine the knowledge of forecasting and organizing the production and selling within the chosen industry. It is all about finding the balance between demand and supply with the strong help of appropriate decision making process. Selling is a key factor of any successful business. Therefore sales planning is a vital part of any type business industry an organization.
The program also allows students to successfully benefit from global connections. The program will allow me to utilise my arithmetic and analytical skills and balance my quantitative and management skills. It’s a great opportunity to help and train me to effectively work within big or small associations or to pursue various management and administrative positions within a business. Not only is the program remarkable, there are numerous opportunities to get involved in the Schulich community where I can showcase my social and leadership skills. I personally want to pursue a business education because it’s a great way for me to portray my abilities therefore giving me a prosperous career.
As it is stated in the text book, “An ERP system is most appropriate for company seeking the benefits of data and process integration supported by its information system. Benefit is gain from elimination of redundant process; increase accuracy in information, superior processes and improve speed in responding to customer requirements”. In addition, ERP system collects and distributes information across functional boundaries and helps break down information silo’s, those barriers that stand in the way of full corporation between production, materials, planning, engineering, finance, and sales/marketing. Let’s take a closer look and evaluate how a business can reap the benefits of ERP system. ERP system improves Inventory control by offering real-time information on finish good inventory allowing manufacturing and planning to evaluate customer demand.