...Defining the Business Environment - A Thorough Analysis of External and Internal Environment! Successful Business Planning Defining the Business Environment - A Thorough Analysis of External and Internal Environment! Defining the Business Environment - A Thorough Analysis of External and Internal Environment! Successful Business Planning To succeed in business, you need a persuasive and strategic marketing plan. Find out how you can develop a Marketing and Sales Plan that drives sales and generates your business the profit it deserves. Click here Business firms wishing to adopt an open system of management approach, find it difficult to define the business environment. The management has to limit its consideration of the environment, only to those aspects of the outside world which are of major importance to the success of an organization. The concept of business environment is too broad and it would be hopelessly confusing to consider each and every aspect in it. Customers, competitors, government units, suppliers, financial institutions and labor pool are part and parcel of the external environment, and available resources, be it physical or human, behavior, synergy, strengths and weaknesses and distinctive competence determine the nature of the internal environment of a business firm. Defining the Business Environment - A Thorough Analysis of External and Internal Environment! Successful Business Planning Further, you can divide the business environment...
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...purpose of the Marketing Plan The purpose of marketing plan is to set the direction your business will go to promote the business, build a customer base and determine any opportunities to make a profit. When you are writing your plan, you are predicting and deciding how your business will meet your client's needs while generating a profit for your business. The basic elements you need do elaborate a comprehensive marketing plan should be the following: * What you will offer * Who you are selling to * Where you will sell your product * Where you will distribute your product * What type of customer service you will offer * Who your competitors are * Where you plan to be in the market * How much you will sell and when * How you will promote your business * What your prices will be When you are writing a business plan you will want to include a marketing plan because it will help you manage your projected expenses and possible projected income. The marketing plan will help define times of financial outlay so that when those lulls arrive they aren't unexpected. You may already be involved in different forms of marketing for your business, but having a clear plan, even at this stage, will help lend focus to your path Planning is a key point and a core business principle that will help determine the future of your business and at the core of your business is the marketing plan. It's not just the finished marketing plan that will help you, but...
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...attempts to define SHRD followed somewhat later. Rothwell and Kazanas (1989) applied the generic process of strategic business planning to the management of the HRD function. Obtaining strategic value in an organization can give that organization a competitive advantage. Strategic human resource development (SHRD) is a practice that provides learning experiences. These experiences come from knowledge, skills and abilities. SHRD “synchronize management development with an organization’s strategic plans in order to improve the supply of leaders” (Clardy, 2008). Garavan (1991) defined SHRD using nine functional and structural characteristics such as “integrating HRD with an organization’s mission; top management support; environmental scanning; business plans; live manager involvement in HRD activities; complementary HRM practices; a proactive trainer role; matching culture to strategy; and emphasis on evaluation” (Clardy, 2008). The practice gives managers a vital look at strategic plan in a learning environment. Considering the study by Mc Cracken and Wallace (2000): using the nine criteria, they collected survey data from senior HRD officials in 86 Scottish firms, finding that virtually all self-reported having a strategic HRD function. Yet more in-depth interview data did not support that self-assessment. At best, the checklist approach to defining SHRD was not reliable across different data-collection techniques. Gilley and Maycunich (1998) expanded the scope...
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...RECOVERY PLAN To purchase this visit here: http://www.activitymode.com/product/cis-462-wk-10-term-paper-disaster-recovery-plan/ Contact us at: SUPPORT@ACTIVITYMODE.COM CIS 462 WK 10 TERM PAPER DISASTER RECOVERY PLAN CIS 462 WK 10 Term Paper - Disaster Recovery Plan This assignment consists of two (2) parts: a written paper and a PowerPoint presentation. You must submit both parts as separate files for the completion of this assignment. Label each file name according to the section of the assignment it is written for. Additionally, you may create and / or assume all necessary assumptions needed for the completion of this assignment. In recent years, organizations have witnessed the impact of having effective and non-effective business continuity plans and disaster recovery plans. In today’s environment, with significant potential natural disasters, terrorist threats, and other man-made threats, it is critical that organizations develop effective business continuity plans and disaster recovery plans. Select an organization that you are familiar with, such as where you currently or previously have worked, contact a local organization, or search on the Internet for the needed detail of an organization you are interested in. Prepare a disaster recovery plan policy for that organization. Part 1: Written Paper 1. Write a six to eight (6-8) page paper in which you: a. Provide an overview of the organization that will be delivered to senior management, defining the...
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...ultimately reduce inefficiencies and redundancy and ensure the manageability of those solutions. A comprehensive security program should contain the proper balance between people, processes and technology to effectively manage risk with minimal impact on normal business operations. In order to build an appropriate information security program, an organization should assess and define their specific security requirements, design a solution that meets those unique requirements, deploy the necessary policies, technology and procedures, and continuously maintain, adapt and improve that solution. An organization’s overall security strategy will provide a framework for defining those elements necessary in building and maintaining a sound security management program. Strategic planning can take many forms, but the end result should yield a documented approach for achieving goals set within the framework of a specific strategic objective. In the case of information security, the strategic objective is the satisfaction of protection requirements for an organization’s information assets. Strategic Planning Process Laying the Groundwork Assessing the Need Designing the Strategy Defining the Roadmap Document the Plan Laying the Groundwork The first step in building...
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...meeting the needs of the business, traffic and bandwidth requirements, budget considerations, scalability, etc. "Scalability refers to the extent of network growth that should be supported. For corporate network, scalability is a major consideration. Provision must be made to add users, applications, additional sites, and external network connections" (TutorialsWeb). It is important to have a system or methodology to follow to ensure you account for the necessary and critical aspects of the design process that will provide the best possible network solution for your company. The first step is considering the needs of the business. This is accomplished by understanding what the company does, how they currently function and operate to generate revenue, as well as having a good understanding of the company's business model. Once you have a good understanding of the company's business requirements, you can then determine specific design requirements. The second step then is defining the technical requirements of the network based on the information gathered from assessing the needs of the business. In this step of the planning process, technical considerations such as performance requirements, availability, scalability, standards compatibility, and rapid deployment are evaluated (Hummel). Only when these first two steps are followed in this order will you succeed in designing a network that best suits the customer and the specific needs of their business. The third step is...
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...Defining Marketing Defining marketing can vary by individuals and organizational globally and nationally, but developing a personal understanding and definition for marketing is important. Because marketing plays an important role in organizational success, people have to understand the different definitions of marketing. People can strengthen their definition of marketing by providing examples of organizations that supports their definitions of marketing. Marketing has an impact on the organizational success or failure. Personally, marketing is everything involved in selling or placing a product for the public to purchase or use. Although this may seem like a vague answer, marketing covers such a wide area of a business that has to work within the other departments in the business. Marketing involves the planning, implementation, and evaluation of marketing plans as well as how the marketing plans will affect the financial, management, production, and HR departments. After researching marketing in the school library, I discovered several articles about what definition of marketing is. First article was by Paul Gerhold. Paul Gerhold states, “Marketing research is the function which links the consumer, customer, and public to the marketer through information--information used to identify and define marketing opportunities and problems; generate, refine, and evaluate marketing performance; and improve understanding of marketing as a process” (1993). The second article was by...
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...402 WK 7 Case Study 2 - Developing the Forensics, Continuity, Incident Management, and Security Training Write a five to seven (5-7) page paper in which you: 1. Consider that Data Security and Policy Assurance methods are important to the overall success of IT and Corporate data security. a. Determine how defined roles of technology, people, and processes are necessary to ensure resource allocation for business continuity. b. Explain how computer security policies and data retention policies help maintain user expectations of levels of business continuity that could be achieved. c. Determine how acceptable use policies, remote access policies, and email policies could help minimize any anti-forensics efforts. Give an example with your response. 2. Suggest at least two (2) models that could be used to ensure business continuity and ensure the integrity of corporate forensic efforts. Describe how these could be implemented. 3. Explain the essentials of defining a digital forensics process and provide two (2) examples on how a forensic recovery and analysis plan could assist in improving the Recovery Time Objective (RTO) as described in the first article. 4. Provide a step-by-step process that could be used to develop and sustain an enterprise continuity process. More Details hidden... Activity Mode aims to provide quality study notes and tutorials to the students of SEC 402 WK 7 Case Study 2 Developing the Forensics in order to ace their studies. SEC 402 WK 7...
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...Current business process summary The current business process summary would be to first to plan the system, get everything together including costs, time it will take and what will be needed to get the system up and running. The plan will have to show that this system will be a success for the hospital which will make check in faster, easier and more efficient. And keeping track of surgeries and check insurance. After the plan it will be to make sure all information is gathered and ready to be take. Implementation would be the next step to take in order to get things up and running and checking for errors. Once the system is fully in and ready for use the hospital will use this system to make patient care for checking insurance and tracking visits easier. The business aspect of this system is that it will be more cost effective and provide easier care check ins. The plan for the new system is the development of a patient management system for the tracking of patient check-in, appointments and surgery. This will help the business by helping the hospital have easier ways of keeping track of patient’s appointments. It could also help reduce errors in patient check in and eliminate jobs which will help save money. Making sure the system is in the budget and will not cause a huge amount of money loss is also important for the business process. Proposed system requirements list The proposed system requirements list will to know what system it is that will be needed. Establish...
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...one of the main elements that are extremely useful in management. It refers to act of predetermining some activities in a business. It is an extremely useful tool, as it would assist in ensuring that the information being predetermined remains relevant and useful only to the given organization. Forecasting act as a goal setting process where the company defines the goals it would wish to achieve within a given a period. It is adequate to have forecasting as one of the key elements that every organization should employ as it purposes to pursue a given line of business. It prepares the company for the action line towards the goals of the organization (Boston 43). Aggregate planning is the other main element useful in management that can be extracted from the case study. This is an extremely unique business strategy where a company can match the supply and the demand of the organization through determination of appropriate quantities as well as outputs timing. The case study proves that aggregate planning is vital for every organization. There is no need for being ignorant of facts of exclusive benefits aggregate planning. There are massive merits that will come out of having supplies and demands determined before the actual activities take place. This places the company at a point where it has no over production because of lack of adequate production plans. Every company should be aware of the average demand it expects and as well as the supplies, that will give optimal production...
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...Functions of Management Carlisa Malone MGT/330 July 13, 2011 Karen Abron Abstract Organizing a business is accumulating and synchronizing the social, fiscal, physical, knowledge, and other assets needed to accomplish all goals in an organization. Establishing events include enticing the general public to the business, identifying occupation duties, combining duties into work groups, clarifying and divide up resources, and producing an environment so that associates and objects works together at the same time to accomplish greatest extent success. Supervisors are in every occupation. In fact, supervisors preform the same duties in every business. Whether it is the manager at a beauty salon or an industrial job the duties are and will always remain the same task. Planning, organizing, leading and controlling will serve a vital role in accomplishing a supervisor’s vision on how a business should be managed. Each element is essential and without each element business will not functions well without all four elements (warish, 2009). This paper will discuss all four function of management, and how they are preform in a business and how they relate to our own business. Planning Planning is a supervising task of steadily making decisions to accomplish a goal or to achieve a task within an organization that a person, or a group, or a company will pursue. Identifying the objectives to...
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...SIMULATION DESCRIPTION: As the manager of TriState Dairies market research department, you need to determine what to do with the Dairies' surplus milk. You earned 69 percent. Background TriState Dairies is a food processor that packages and sells dairy products. At present their core business is selling 1) pasteurized, skimmed, and plain milk, and 2) yogurts and yogurt drinks. They want to expand their market, particularly for milk. They can easily convert surplus milk production to the production of flavored milks. At the moment the flavored milks sales overall are low and the market small. The bulk of flavored milks are sold to parents who buy them for children. The marketing department thinks that there may be untapped markets for flavored milks in adults. In particular they think that it will be possible to sell milk to health-conscious adults as a healthier alternative to soda and energy drinks. TriState wants to know if this idea could work. Your role is that of a manager within the market research department. You have been tasked with gathering the data. First Steps You consider the situation, roll up your sleeves and get to work. What should be the first steps you take in obtaining the information you need in order to solve TriState's problem? YOU CHOSE OPTION 1 Examine the secondary sources you have at hand (public and internal databases) in order to establish exactly what data you already have and what data you need to obtain. You got off...
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...Defining Marketing Paper MKT/421 Defining Marketing Paper Marketing can be a general term used in businesses and can be misconstrued as the simplicity of advertising a product to sell. However, after researching and defining the term marketing it is clear there are various components that make up the marketing concept. Marketing can prove to be the basis of an organization’s success if it is properly implemented and utilized. Every company uses marketing to drive their business in a profitable direction and through some example companies below it will be obvious how marketing is vital to an entity’s success. Personal Definition of Marketing The definition of marketing in the words of the writer is the foundation of every company that is used to create, plan, and execute a successful product. This concept is derived from the research of a marketing department to improve or create a product that is appealing to consumers. Marketing from Other Sources While other definitions can be found throughout the business world, the ones chosen here give a good explanation and definition of what marketing truly means and the significant role it plays in the success of an organization. Marketing Definition 1 The business dictionary describes marketing as “the management process through which goods and services move from concept to the customer. It includes the coordination of four elements called the 4 P’s of marketing: (1) identification, selection and development of a product...
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...MARKETING PROCESSES 1 DEVELOPING MARKETING STRATEGIES AND PLANS • Corporate and division strategic planning All corporate headquarters undertake four planning activities: a. Defining the corporate mission. b. Establishing strategic business units (SBUs). c. Assign resources to each SBU. d. Assessing growth opportunities. 1. Defining the Corporate Mission Key questions to ask: What is our business? Who is the customer? What is of value to the customer? What will our business be? What should our business be? Mission statements are best when guided by a “vision” that provides direction for the company. [pic] Good mission statements have three major characteristics: a. Focused on a limited number of goals. b. Stresses the company’s major policies and values. c. Defines the major competitive spheres within which the company will operate by defining the: o Industry. The range of industries in which a company will operate. Some companies will operate in only one industry; some only in a set of related industries; some only in industrial goods, consumer goods, or services; and some in any industry. o Products and applications. Range of products and applications a company supply. o Competence. The range of technological and other core competencies that a company will master and leverage. o Market-segment. The type of market or customers a company will serve. o Vertical. The number of channel levels from...
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...verall gy g g corporate strategy and business strategies. A good IT Strategy requires a good understanding of the business, business p plan and goals, also an understnading of how changes are likely to impact the g g g y p business. It serves as a framework to meet business goals. IT Strategy determines what new systems are needed, or how the existing systems can be used to achieve these goals. y g IT Strategy is an iterative process. IT Strategy can be driven by the business strategy and also used vice versa to drive the business strategy. drive the business strategy Steps to Developing an IT Strategy Understanding your Business (what you do and who are your clients) 2. Defining Business Strategy based on Organization s 2 Defining Business Strategy based on Organization’s mission statement & objectives 3 3. Identifying what or how Technology can support & add y g gy pp value to the Business Strategy 4. Defining and Aligning an IT Strategy with the Business Strategy St t 1. Point #1: Understanding your Business Understanding your business, includes identifying the following: Products and service offerings Position in the market & competitors Key customers Current level of service and cost Critical information to the organization, how is it used, stored and distributed Areas of weaknesses, strengths, opportunities and threats What are the next period’s goals Point #2: Identifying Business Objectives Business objectives can be set as single mission statement or set ...
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