Challenges are common and expected in any profession. They are however, vary according to different fields of study. Public relations field has been also facing various challenges, which related to activities and occupation. Challenges can be expressed as per organizational culture. This study however, deals with common challenges that have facing public relations. One of the major challenges discussed in...
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Introduction The Gandhian model of community development is a holistic approach that emphasizes self-reliance, sustainability, and grassroots participation. Rooted in the philosophies of Mahatma Gandhi, this model advocates for the upliftment of rural communities through decentralized governance and the empowerment of individuals. Gandhi believed that true progress could only be achieved when each village became self-sufficient and capable of meeting...
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Introduction The idea of outsourcing has been around for hundreds of years, but it did not become a prevalent practice in the United States until the seventies. The term outsourcing, however, did not appear in science until the 1990s (Trocki, 2001). The functions that are outsourced varies greatly based on the needs of the individual business but the most frequently...
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SWOT analysis is defined as special and beneficial technique (tool) which is used by individuals as well as organisations in order to analyse the strengths, weaknesses, opportunities and threats.it is also known as SWOT matrix (Team, n.d.). The elements (strength, weakness, opportunity, threat) are usually same to all SWOT analysis. Nevertheless, organisations again classify these elements into two heads, which...
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Introduction Aromium Pty Ltd, a burgeoning enterprise in the fragrance industry, is poised to redefine the olfactory landscape with its innovative business model. As the demand for niche and personalized fragrances surges, Aromium Pty Ltd capitalizes on this trend by offering unique, high-quality products that cater to diverse consumer preferences. This business plan delineates the strategic intentions and managerial focus...
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Introduction Hindustan Unilever Limited (HUL) stands as a prominent entity within India's fast-moving consumer goods (FMCG) sector, wielding significant influence across various product categories such as personal care, home care, and foods. As an integral subsidiary of the global Unilever conglomerate, HUL's operational strategies and market positioning are pivotal to its sustained success within a highly competitive landscape. A SWOT...
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Outsourcing is âthe process of arranging for somebody outside a company to do work or provide goods for that companyâ (Oxford Dictionary, 2019) and it has three main advantages including the cheap cost, no full-time employee and the latest development from outsourcing firm (The Economist Magazine, 2008). Currently, worldwide organizations including Thailand have changed their structural foundations by using the...
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SWOT analysis is an analysis that evaluates the internal and external factors in an organizationâs environment. The internal factors include strength and weakness whereas the external factors are opportunities and threats. Strength Worldwide Presence: - Kelloggâs is a renowned cereals company that is being manufactured in almost 18 countries and marketed over 180 countries. The company is the most successful...
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The two establishments I choose to study for the mission vision statement analysis are McDonaldâs and Chick-fil-A. These two establishments both operate within the Food and Beverage industries and have a proven track record of dominating their retail industries and generating profit. I don't believe there's a correct or incorrect way to lead an organization; as long as they're profitable...
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Introduction There are many reasons why every company should have a business plan, but not every business needs a formal plan to show to outsiders. Project management primarily focuses on planning, managing and organizing the available resources. Some of the activities that should be a part of project management activity are to efficiently guide the project team through all phases...
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Amazon is considered to be the biggest e-commerce platform that specializes in online retail, cloud computing, digital content and competes in thirty other industries. Amazon was established by Jeff Bezos on July 5, 1994, and began its venture as an online book shop, however later it extended to selling video/music content, computer games, hardware, clothing, furniture jewelry, toys, and AI...
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Introduction According to Ekpe and Sunday, mission statement is very important and a critical part of an organization and its overall operating plan (2015). Mission statement defines the goals and the vision of the organization. According to Ekpe and Sunday, mission statement âshould provide a unique and directional statement, on why the program existsâ (2015). People involved in an organization,...
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What not to do, as opposed to what to decide to do, is one of the things when discussing strategy. Strategy is an action that leaders take to achieve one or more of the organizationâs goals. Strategy can also be defined as a general direction set for the company and its various components to achieve a desired state in the...
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Introduction Ford Motor Company is considered as a radical innovative automobile company. Ford also is the first company to use an idiosyncratic approach such as moving assembly lines in manufacturing under the leadership of Henry Ford. Ford is always seeking the leadership of the market which was achieved earlier by inventing Model T1 that caused the global standard for cars...
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1. Introduction We were all accustomed to the traditional taxi services, but this sector was not showing signs of evolution and users have to accept the service as it is. Then, the situation changed when online-enabled car transportation service like Uber appeared. Uber provides a service, which connects drivers with passengers by using a mobile app. The consumers download the...
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Three companies that I choose for this assignment are YapÄą Kredi, Akbank and Odeabank. First I would like to start with analyzing YapÄą Kredi. When we look at YapÄą Krediâs mission statement. We can see that there are three missions on their website. The first one is to achieve long-term sustainable growth. Their first mission statement describes their future plans...
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Introduction Negotiation is an intricate and multifaceted process that plays a pivotal role in both business and social contexts. It involves the art of influencing others to achieve favorable outcomes, often necessitating a delicate balance between assertiveness and empathy. As a strategic tool, negotiation is frequently perceived as a form of manipulation, given its inherent nature of persuasion and compromise....
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The ability to actively think and solve complex problems is a major differentiating factor between humans and other organisms. Deductive and inductive reasoning are executive functions that can only be performed by the human brain. Though we are naturally equipped to be able to carry out such an activity, it is safe to say that not many people know how...
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Outsourcing is when companies obtain a good or service from a foreign supplier, instead of using internal suppliers. There is much controversy about whether job outsourcing is beneficial or detrimental to the US economy. Some people argue, that job outsourcing is detrimental to the US economy because it causes job loss, however job outsourcing is actually beneficial to the US...
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Planning in Negotiation Negotiation is an evolving process where two or more parties, individuals or organizations are dependent on each otherâs conditions to reach and achieve their independent goals and desired outcomes. (Lewicki, Saunders & Barry 2015; Thompson, Wang & Gunia 2010) Since negotiation is indeed an evolving process and a strategy and choice in itself, planning in a negotiation...
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Introduction Goals and objectives are vital components to an organizationâs strategic plan. According to Ferrell (2014) not having goals and objectives is like driving a car with no destination. A firmâs marketing plan is an organizationâs roadmap for driving marketing strategy and a feasibility plan or study evaluates the larger picture. Marketing plans establish roles and responsibilities of individuals, specific...
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Introduction McDonald's, a global leader in the fast-food industry, holds a significant presence in Australia, where it is affectionately known as "Macca's." With over 1,000 outlets nationwide, the brand has become an integral part of Australian culture since its first store opened in 1971. The fast-food giant's Australian market strategy is a fascinating case of adaptation and innovation in a...
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Introduction This essay will talk about negotiation and its importance. It will include one of the negotiation elements, Reciprocity and using a personal experience to explain how the ability to reciprocate can affect the outcomes of the negotiation. Definition of negotiation Negotiation is an important process and can occur in many situations in our daily lives as well. People negotiate...
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Introduction Top 4 Business Plans are: 1. Business Initiative Plans (Startup Business Plans), 2. Long Term Business Plans (Strategic Plans for Business), 3. Growth and Development Oriented Business Plans, 4. General Plans. If any of the aforementioned catagoreies draw your atteniton, get in touch with us if interested in investing in these. Business Initiative Plans (Startup Business Plans): Why are...
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Introduction Effective negotiation is an essential skill that impacts various aspects of life, from professional dealings to personal interactions. At its core, negotiation is about reaching an agreement between parties with differing interests, ensuring that all involved benefit from the outcome. The effectiveness of negotiation is not only determined by the ability to achieve one's goals but also by maintaining...
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SWOT ANALYSIS SWOT analysis is a method for identifying organizationâs strengths, weaknesses, opportunities and threats. SWOT analysis evaluates what an organization can or cannot do in terms of both internal as well as external factors. Conducting a SWOT analysis determines the factors that will assist the firm in achieving its objectives. SWOT also identifies the factors that must be minimized...
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Introduction In the dynamic business landscape of the 21st century, strategic management has emerged as an imperative for organizations seeking sustainable success and competitive advantage. Strategic management involves the formulation, implementation, and evaluation of cross-functional decisions that enable an organization to achieve its objectives. Its impact extends beyond mere operational efficiency, encompassing long-term growth, adaptability to change, and resilience against...
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Walmart is where we find anything and everything within considering our budget. A place for a middle to lower class person to manage their household. A place for brand and utilities. One could opt for luxuries like organic food and also get everyday necessities like a clearance section for groceries. The ability to reach every crowd has made Walmart rank...
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SWOT ANALYSIS Strengths SWOT analysis could also be used in pre-crisis preparation and crisis preventive administration. A SWOT analysis must be correct, appropriate and reliable, so that it can contribute to the major decision-making process. Brand perception card A SWOT analysis is really useful for defining the external and internal aspects that affect Nike. The market is unstable on occasion,...
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Participating in a negotiation can be a Herculean task â IF you donât know exactly what you are expected to do. Before participating in a negotiation, you have to ascertain that all the key factors required in this activity exist. As a negotiator, you should also know how to drive a hard bargain. For successful and effective negotiations to occur...
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