Planning
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This document outlines the steps for planning including defining clear objectives, making assumptions known as premises, identifying alternatives courses of action, evaluating each alternative, selecting the best option, implementing the selected plan, and addressing any issues that arise. As an example, it discusses a plan for an inverters manufacturing company to increase sales by 20% by appointing additional salespeople.
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B. the two best signs that a company is a true industry leader.
C. the most trustworthy signs of good management.
D. signs of a company having a superior business model.
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B. Do we have a better business model than key rivals?
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D. making sure the strategic intent of a particular business is in step with the company's overall strategic intent and strategy.
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D. The need to keep strategy in step with changing market conditions and changing customer needs and expectations
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A. Setting objectives and using them as yardsticks for measuring the company's performance and progress
B. Deciding how much of the company's resources to employ in the pursuit of sustainable competitive advantage
C. Communicating the company's mission and purpose to all employees
D. Developing a proven business model
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- There is a decline in the number of college seniors interested in sales careers, reducing the potential candidate pool for this approach.
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Packaging serves several important functions. It primarily refers to the container or wrapper for a product, and is an important part of marketing. There are three main types of packaging: primary for the immediate container, secondary for additional protection layers, and transportation for storing or moving multiple products together. Packaging protects products, promotes them, attracts customers, allows for easy identification and differentiation between products, and provides convenience. It prevents spoilage, breakage, damage and adulteration while allowing the product to be promoted and sold.
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Planning
- 1. PLANNING Prepared by : Sukanya V Roll no: 06 Commerce Zainab Memorial College of Teacher Education, Cherkala
- 8. The objective should be clear and specific . • E.g : Inverters manufacturing company increasing sales by 20%
- 10. Premises means assumption It classified in to internal premises and external premises. Internal premises : Under the control of the organization. External premises : Beyond the control of the organization
- 11. Eg : Due to the shortage of rain the possibility of power cut in Kerala may increase the sale of inverters .
- 13. IDENTIFYING ALTERNATIVES Identify all possible course of action . Eg : a.Reduce the price of inverters b.Increase advertisement c.Appointment sales man .
- 15. Evaluating each and every alternatives based on positive negative aspects .
- 18. Choosing the best from the available alternatives . We choose the option of appointing salesman .
- 21. IMPLEMENTATION OF THE PLAN Best selected alternative is put into action . Eg : Appointing salesman .
- 23. Find out the drawbacks and make necessary action . Eg :If the sales do not proceed as planned , use other alternatives also .