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Business Plans

A business plan is a very important part of creating a business. This plan includes things such as marketing strategies, an analysis of the competition, development plans, operation and management plans, an explanation of your legal structure, and financial projections.

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What is pre- planning stageof educational planning?

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Asked by Wiki User

The pre-planning stage of educational planning involves gathering data, assessing needs, setting goals, and determining priorities before the actual planning process begins. This stage helps to clarify the purpose and scope of the planning effort and ensures that relevant information is available to inform decision-making.

What are contingency theories?

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Asked by EncofBizandFinance

Contingency theories suggest that there is no single best way to manage or lead in all situations. Instead, the effectiveness of a leadership style or management approach depends on the specific circumstances and context in which they are applied. These theories emphasize the need for flexibility and adaptability in leadership and management practices.

How are planning and control intimately related?

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Planning involves setting goals and objectives, while control involves monitoring performance and taking corrective actions if needed. Planning provides a framework for control by establishing the criteria for measuring success. Control ensures that actual performance aligns with planned goals, and adjustments can be made based on the information gathered through the control process.

What is the research design phase of business research?

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Asked by EncofBizandFinance

The research design phase in business research involves determining the overall approach and methodology to address the research objectives. This phase includes defining the research questions, selecting the research methods, designing data collection tools, and outlining the data analysis process. The research design is crucial as it guides the entire research process and ensures the study is conducted effectively and accurately.

Discuss the relationship between objectives strategies and policies?

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Asked by Wiki User

Objectives are specific goals that an organization aims to achieve, strategies are the broad plans developed to reach those objectives, and policies are the guidelines or rules that dictate how strategies are implemented. Objectives provide direction, strategies outline the approach to be taken, and policies ensure consistency in decision-making and operations to achieve the objectives. Together, they form a framework that guides an organization towards its desired outcomes.

What are the principles and theories of educational management?

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Asked by Wiki User

Principles of educational management include effective planning, organizing resources, leading with purpose, and controlling performance. Theories such as transformational leadership, systems theory, and contingency theory are commonly applied in educational management to enhance organizational effectiveness and student outcomes. These principles and theories guide educational leaders in making informed decisions, fostering positive change, and creating a conducive learning environment.

What is concepts of strategic family theory?

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Asked by Wiki User

Strategic family theory focuses on understanding family dynamics and communication patterns in order to address and improve family functioning. It emphasizes the importance of relationships, power dynamics, and problem-solving strategies within families. By identifying strengths and weaknesses in family interactions, strategic family theory aims to help families develop more effective ways of coping with challenges and resolving conflicts.

How internal and external factors of marketing environment affects firm's performance?

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Asked by Wiki User

If there is anything that is stead fast and unchanging, it is change itself. Change is inevitable, and those organizations who do not keep up with change will become unstable, with long-term survivability in question.

There are things, events, or situations that occur that affect the way a business operates, either in a positive or negative way. These things, situations, or events that occur that affect a business in either a positive or negative way are called "driving forces or environmental factors."

There are two kinds of driving forces; Internal driving forces, and external driving forces. Internal driving forces are those kinds of things, situations, or events that occur inside the business, and are generally under the control of the company. Examples might be as follows

· organization of machinery and equipment,

· technological capacity,

· organizational culture,

· management systems,

· financial management

· employee morale.

External driving forces are those kinds of things, situation, or events that occur outside of the company and are by and large beyond the control of the company. Examples of external driving forces might be, the industry itself, the economy, demographics, competition, political interference, etc.

Whether they are internal or external driving forces, one thing is certain for both. Change will occur! A company must be cognizant of these changes, flexible, and willing to respond to them in an appropriate way.

External driving forces can bury a business if not appropriately dealt with. The question is, how does a business know what changes are occurring so that they can deal with them in a positive way. OK, that's the next issue.

In order for a business to succeed and gain the competitive edge, the business must know what changes are indeed occurring, and what changes might be coming up in the future. I guess you might call this forecasting. Thus, critical to the business is what we call "informational resources." It is the collection and analyzation of data. Some examples of critical information might include the following:

  • Competition (what are they doing?)
  • Customer behavior (needs, wants, and desires)
  • Industry out look (local, national, global)
  • Demographics (the change populations, there density, etc.)
  • Economy (are we peaking, or moving negatively)
  • Political movements and/or interference
  • Social environment
  • Technological changes
  • General environmental changes

The above are just some issues organizations must be on top of. Well it's never easy, but businesses that are successful include all of the above (and more), to develop the appropriate tactics, strategies, and best practices, to ensure successful out comes.

What is the importance of planning in teaching?

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Asked by Wiki User

Planning in teaching helps ensure that goals and objectives are clear, instructional activities are aligned with learning outcomes, and resources are effectively utilized. It allows teachers to anticipate potential challenges, make necessary adjustments, and create a structured and cohesive learning experience for students.

What are the approaches to educational planning?

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Asked by Wiki User

Some approaches to educational planning include setting clear goals and objectives, assessing needs and resources, designing a curriculum that aligns with educational goals, and evaluating the effectiveness of the planning process to make improvements. Collaborating with stakeholders, incorporating feedback, and ensuring flexibility to adapt to changing circumstances are also important components of effective educational planning.

What is difference between policies and objectives?

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Asked by Wiki User

Policies are high-level guidelines that define an organization's approach to specific issues, while objectives are specific, measurable targets set to achieve the organization's goals. Policies provide the framework within which objectives are set and met.

What are the skills of Production manager?

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Asked by Wiki User

Production managers need strong leadership, communication, and organizational skills to coordinate production activities effectively. They also require problem-solving abilities to address challenges that arise during production processes. Additionally, knowledge of production planning, budgeting, and quality control is essential for successful management of production operations.

What is pedogogical?

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Asked by Wiki User

Pedagogy refers to the method and practice of teaching. It involves the strategies, techniques, and approaches used by educators to facilitate learning and development in students. Good pedagogy is essential for effective teaching and student engagement.

Business policy and strategy?

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Asked by Wiki User

Business policy refers to the overall guidelines and procedures that a company follows to achieve its goals, while strategy is the plan that outlines how the company will achieve competitive advantage and sustain long-term success. Both policy and strategy are essential components of organizational management, with policy setting the framework for decision-making and strategy guiding the specific actions taken to achieve objectives.

Impact of globalization on strategic management?

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Asked by Wiki User

Globalization has made strategic management more complex due to increased competition, rapid changes in technology, and expanding global markets. It has also led to the need for strategic managers to be more adaptable, culturally aware, and able to operate in diverse environments. Furthermore, globalization has increased the importance of innovation and creativity in strategic decision-making to stay competitive in the global market.

How validity and reliability can be achieved in selection process?

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Asked by Wiki User

Validity in the selection process can be achieved by ensuring that the assessment measures what it is intended to measure, using job-related criteria. Reliability can be achieved by designing consistent selection processes that yield similar results upon repeated administrations. This can be done by standardizing procedures, training assessors, and using validated assessment tools.

Is validity is a prerequisite of reliability?

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Asked by Wiki User

No, validity is not a prerequisite of reliability. Reliability refers to the consistency or stability of a measure, while validity refers to the accuracy of the measure in assessing what it is intended to assess. A measure can be reliable but not valid, meaning it consistently measures something but not necessarily what it is intended to measure.

Similarity of reliability and validity?

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Asked by Wiki User

Reliability and validity are both important concepts in research, but they are not the same. Reliability refers to the consistency and stability of a measurement tool, while validity refers to the accuracy and truthfulness of the conclusions drawn from the data collected. Both concepts are crucial in ensuring the credibility and trustworthiness of research findings.

How many Topshop's stores are there?

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Asked by Wiki User

As of 2021, Topshop has around 500 stores worldwide, with many of them being in the UK and Europe.

What is the description of internal force of change?

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Asked by Wiki User

Internal force of change refers to the factors within an organization that drive or resist change, such as employee attitudes, organizational culture, leadership styles, and structure. These forces can influence how successful a change initiative is, as they can either support or impede the desired changes. Understanding and managing internal forces of change is essential for effective organizational change management.

Disadvantages of cost leadership?

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Asked by Wiki User

  1. May lead to lower quality products or services due to cost-cutting measures.
  2. Vulnerable to price wars with competitors.
  3. Limited customer loyalty as customers may switch to lower-priced alternatives.

Project Manager roles?

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Asked by Wiki User

Project managers are responsible for planning, executing, and overseeing projects from start to finish. They facilitate communication and collaboration among team members, set project goals and timelines, allocate resources, and monitor progress to ensure successful completion within budget and schedule constraints. Additionally, project managers often act as a liaison between stakeholders, clients, and team members to ensure all parties are informed and aligned.

What is information system planning?

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Asked by Wiki User

Information system planning is the process of defining the strategic direction for an organization's use of technology to achieve its goals. It involves assessing current systems, identifying future needs, aligning IT resources with business objectives, and creating a roadmap for implementing and managing technology solutions effectively. The goal is to ensure that technology investments support the organization's overall strategy and objectives.

What are the Computational Techniques in Educational Planning?

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Asked by Wiki User

Computational techniques in educational planning involve using algorithms and mathematical models to analyze data, predict outcomes, and optimize decisions related to education. These techniques can include machine learning algorithms for student performance prediction, optimization algorithms for scheduling classes and resources, and data mining techniques for identifying patterns in student behavior. By leveraging computational tools, educational planners can make data-driven decisions to improve educational outcomes and resource allocation.