Marketing enviroment - Study guides, Class notes & Summaries

HRM WGU C232 Practice Set 2, 3, 4 Already Passed!! What are the four implicit HR objectives? ANS- 1. Improve productivty, 2. Imrpove quality of work life, 3. ensure legal compliance, 4. foster ethicaly behavior How does HR influence each of these HR objectives ANS- 1. productivity- hr can influence work organization and design, increase output with higher quality; 2. provide opportunities for employees; 3. hr must be familiar with laws and regulations that affect hiring and pay descions, ...

MNG3701 EXAM PREP FOR 2022. Critically differentiate between the concepts of strategy, strategic planning and strategic management. Strategy Strategy is the art of aligning the company’s strategies in order to out-compete one’s competitors in a rival business market with a view to achieving the desired competitive advantage by ensuring that all the relevant departments within the firm are receiving similar information and training. Strategies are incorporated into the business as th...

INTRODUCTION TO BUSINESS ADMINISTRATION BUSINESS - ALL PROFIT SEEKING ACTIVITIES AND ENTERPRISE THAT PROVIDE GOODS AND SERVICES NECESARY TO AN ECONOMIC SYSTEM. PROFITS - REWARD FOR BUSINESS PEOPLE WHO TAKE THE RISK INVOLVED TO OFFER GOODS AND SERVICES TO CUSTOMERS. NON PROFIT ORGANIZATION - ORGANIZATION THAT HAS PRIMARY OBJECTIVES SUCH AS PUBLIC SERVICE RATHER THAN RETURNING AN PROFIT TO ITS OWNER. FACTOR OF PRODUCTION - FOUR BASIC INPUT FOR A EFFECTIVE OPERATION; NATURAL RESOURCE,...

Summary of Introduction to Marketing -> CHAPTER 1: what is marketing? -> CHAPTER 3: Marketing Enviroment -> ... -> CHAPTER 7: P of Promotion