Category: Management
-
Operations Management of a Care Facility for the Elderly
Introduction Any institution dealing with provision of care to dependent elderly persons should ensure that its strategies are broad enough to cover the wide range of needs of the elderly. In order to ensure quality service provisions in elderly care institutions for the aged, it is important for the management to focus on these diverse…
-
Risk Management and the Role of Managed Care
Healthcare organization administrators play a prominent role in identifying, and executing risks about patient healthcare policies and ensuring managed care organization (MCO) standards compliance. A healthcare setting is a critical area that requires proactive and reactive approaches to safeguard or minimize uncertain event damages, including injury to patients, workers, and visitors. Huang et al. (2018)…
-
Contemporary Marketing: Marketing Management
Introduction One of the most popular marketing models is tactical marketing. Tactical marketing is concerned with both the conceptual and operational levels, but programming mainly involves only the operational level. Programming encompasses accountability and the direction of particular activities, standards, budgets, and time schedules. The distinction, then, is one between stages of planning. Programming is…
-
Project Management Office Analysis
Executive Summary The Heavy-dependence of ICT around the world is forcing organisations to improve their management processes. The most popular method of smoothening then management process is Project Management Office; it helps in reducing delivery time for projects, increase efficiency in organisations and improve industrial relations when companies keep in touch with each other. In…
-
Supply Chain Management Game: Opportunities Given
Table of Contents Market Analysis and Estimations Initial Decisions Second-wave Decisions Mistakes Market Analysis and Estimations The supply chain game provided our team with a wonderful opportunity to analyze markets and make production and distribution decisions based on the analysis. Before the initial decisions in the game, several analyses were made. The present slide demonstrated…
-
Operations Management Research
Table of Contents Introduction Management Approaches Recommendations and Conclusions References Introduction Technological progress brought many changes to the way humans lived and, in particular, how they produced goods. The old ways of homesteading and self-sufficiency gave way to massive economies of scale. There was no other way, as the population soared and concentrated around economic…
-
Retail Management: Discussion Problems
Variety and assortment are crucial retail market structure elements and have some distinguishing features. The significant difference between assortment and variety is that assortment refers to the number of different items provided in a category of merchandise. In contrast, variety refers to the quantity of the types of merchandise that retailers offer in the market…
-
Pareto Principle as a Phenomenon in Inventory Management
The Pareto principle is an essential phenomenon in inventory management. It is so because it allows companies to understand that various parts of their inventory deserve more attention because they are more significant than others (Nemtajela & Mbohwa, 2016). Jacobs and Chase (2014) explain that this principle is a basis of the ABC inventory classification…
-
Discussion of Management Theory
Management theory presents concepts on effective organizational management. The topic covers various theoretical underpinnings of management which in turn form the basis of leadership and management approaches used to guide organizations into growth and sustainability. The topic begins by establishing the classical viewpoint of management on scientific methods used to improve the productivity of workers…
-
Strategic Human Resource Management in Iran
Introduction Human Resource Management can be stated as the managerial task that involves the matters associated to populace such as recompense, appointing, presentation, administration, association, expansion, security, well being, remuneration, worker incentive, communiqué, supervision and teaching. “Human Resource Management (HRM) is the function within an organization that focuses on recruitment of, management of and providing…