Organizational Strategy and It's Importance

Organizational StrategyStrategy of an organisation is the unique position that an organisation aims in the market to gain competitive advantage (Naoum 2001). Strategy is derived from the vision and mission of the organisation. In this, organization has to analyze how a company can adapt themselves with the changing market scenario. Organization needs to do internal as well as external appraisal and based on that strategies should be build upon.Strategic decisions concern with the whole organisation and requires significant resources. Organizational strategy requires intellectual ability, knowledge, and skills to make the strategies in such a...

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What is Forecasting and It's Steps

Forecasting is the technique that predicts the future uncertainties and helps us to cope up with the rapid changing environment. It is based on certain assumptions and uses the past, present, and makes future trend analysis to do the forecasting, it is the management tool that uses various techniques like Delphi technique, regression analysis, trend projection etc. Forecasting is needed in making the decision about the future uncertain events that cannot be controlled. Expertise are required to do the forecasting as it is based on assumptions that need to be accurate because decisions are based on these assumptions (Armstrong 2001).The scope...

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Project Organization and Matrix Organization

Project OrganizationProject organization establishes for a short span of time, which exist only during the project inception till its completion. In the project organization various project managers are taken from different departments, they work efficiently and after the completion of the project they get back to their own work or they start up with the new project (Harrison, & Lock, 2004). All the project participants have to work according to the organization strategy. It is developed to achieve some of the important projects like disaster recovery, bringing new technology, special projects requires advices of different expertise.Advantages...

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Performance Appraisal and its Methods

Performance Appraisal is a process that helps organization to improve its human resource’s productivity to achieve some objectives and goals. It can be possible by identifing the strengths and weaknesses of employees. After identification, it goes for the measurement of potentiality, than record that information and lastly it involves development of employees. This whole process generally supervised under the managers or seniors (Erasmus, Swanepoel, Van Wyk, & Schenk, 2003). This post could be a source of information who are looking for assignment help related to performance appraisals. Performance appraisal is an important tool to improve...

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Situational Leadership

Leadership is the ability of an individual to control people and move them in the right direction for achieves objectives. Leadership has been defined in a several ways. It is a process of leading people in the right direction to achieve a common goal. Many situations require leadership. Most common ways of looking at leadership are as a trait, ability, skill, behavior, relationship or a process. Leaders apply leadership for the use of values, ability, skills and knowledge in an organization. A leader needs to be fully aware of the followers (Northouse, 2011). Leadership can also be defined as being able to motivate and inspire others.One of...

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Paid in Capital and Retained Earnings

Paid in capital and retained earning both are the different section of shareholder’s equity in balance sheet. This difference is important from both an economic and a legal point of view. Paid in capital represented the amount which an investor pays for the stocks of any company. This amount represents the ownership of the investors (Kimmel, Weygandt & Kieso, 2008). Paid in capital is also referred to as contributed capital. It represented the amount of stockholder which they contributed in an organization asset. It is important part of the balance sheet as it shows par value of company’s stock which has issued. On the other hand retained...

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Situation Analysis Marks and Spencer

Situation analysis includes competitor analysis, market analysis, environment analysis, customer analysis and internal analysis. This post by the team of assignmenthelpexperts.com will discuss and analysis environmental factors of Marks and Spencer. Marks and Spencer is one of the UK’s leading retailer companies. Over 21 million people are visiting stores each week. M&S sell clothing, food & home ware. It also includes SWOT analysis and key issues of M&S.Situation Analysis Competitor Analysis: Competitor analysis is the process of collecting information about the competitive companies in specific areas. Marks and Spencer is the UK’s...

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Building a Brand

It often takes years or decades for building a brand. It helps in creating loyal customer with the company (Heding, Knudtzen & Bjerre, 2009). This blogpost is about the concept of brand in today’s market and the changes evolved in the concept over the time. In this study, Apple is taken as a brand having Magan Fox as brand-ambassador and also other famous character that can be connected with this brand as a case study.Brand in Today’s Market and its EvolutionBrand in today’s market: In today’s market, a brand is creation of relationship and emotional link between consumer and company. It is a process of converting prospective customers into...

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