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Describe in brief how the given Inventory Management performances can be measured:
Vehicle management systems are structured in a manner that enables the capturing of information on different aspects of fleet usage, maintenance and operations. List three of such aspects.
Explain the relationship between the various sections of Rooms Division Department and the Financial Department. Support your answer with real life examples from the industry.
An outside consultant can be used to measure the purchasing performance. Describe the process.
List all the steps involved in decision making process. Determine the optimal decision if management was to use expected monetary value criterion?
Propose and justify five measures that the purchasing department of a national company might adopt to address such environmental concerns.
Purchasing negotiation is considered as comprising of three main stages. Describe in brief the main activities carried out throughout the different phases of a purchasing negotiation.
Describe in brief the significance of comprising a liquidated damages clause in a purchasing contract.
Conceptualise strategy and describe the differences between corporate and competitive strategies showing the importance of each of them.
The economics of stock control are determined by an analysis of the costs incurred in obtaining and carrying inventories under the headings of acquisition cost, holding cost and cost of stock outs.
In pricing material issues from stores, cost pricing might be applied in one of two ways generally abbreviated to FIFO and LIFO. Give a description of such methods.
Elaborate on the following 2 schools of psychology-structuralism and functionalism. Explain the main techniques of personality assessment which are employed by psychologists.
What are the dissimilar stages in team building? Explain the significance of control for managers to accomplish the objectives of the organization.
Discuss the main determinants that affect the shaping of business policy? Choose a tourism or hospitality service organisation of your choice, identify and explain the advantages and disadvantages i
There are six main kinds of information systems that organizations use in their operations. Describe how such information systems support managers in their decision making role.
The formation and importance of work teams in the organisation is essential. Explain the different work team characteristics.
Make a distinction clearly between deliberate change and accidental change. Make a distinction between formal and informal groups. Give one example of each.
What are the advantages and disadvantages of assessing/monitoring supplier performance? Illustrate with the use of a diagram the risk management process and explain the different steps involved in the
Provide a comprehensive definition of Legal Liability using a case from the industry. Define the three general classes of legal wrongs from which legal liability usually arise.
Deenoo is a Canandian based corporation, it has ordered DM 625,000 of merchandise from a German supplier and the payment is due on the 30th of November 2010.
You have just been promoted from front-line supervisor to be one of the firm's senior managers. Your boss, the chief executive officer (CEO), realizes that you don’t have much practice in this
What is Reward Management and describe its main objectives from an organisation perspective. What is Performance-Related-Reward and in brief explain three Performance-Related- Reward schemes.
A trading company in middle ages transported tea, spices, and other oriental products using the overland trade route between the Middle East and China. Explain a company which faces a similar transp
Discuss what Performance Appraisal is and elaborate on its objectives from an organization’s viewpoint? Describe in brief the criticisms against Performance Appraisal?