Policies, rules, procedures and regulations are required in the firm. Explain with example their significant effects on the operations of the firms?
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Policies, rules, procedures and regulations are required in the firm. Explain with example their
significant effects on the operations of the firms?
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- Enumerate at least three (3) real-life examples of ways that firms can manage their costs and revenues to maximize profit.. Drawing on your knowledge of the PESTEL model, analyse the external environment facing Severstal and identify the key external factors which impact on the companyDescribe the tools within both the External and Internal Analysis of a business. Describe the purpose of each.
- How can organizations ensure that their business processes align with their strategic objectives and goals?What actions can help a firm grow?describe the business model for three different organizations, namely a typical brick-and-mortar fashion retailer, a click-and -mortar high-street fashion retailer like Zara, and a pure-play e-commerce store like Boohoo. You should include all EIGHT (8) components, but you may indicate “Not applicable” in case they are not relevant.
- With reference to the business model canvas, illustrate how the nine (9) elements interact in ascertaining how a business can sustainably generate revenues.Describe the core competencies a firm possesses and what it needs. What are the core competencies of your organization? Explain your answer.List several ways in which the business organizations compete with one another? Also, Outline various reasons that make business organizations fail.