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Marketing

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  Task 1 Marketing What is the definition of Marketing?   Marketing is a set of strategies to publicize and sell a product or a service. Within marketing there are 4 essential concepts for a good dissemination of products and services: product, price, promotion and place What is understood as Market in business? The Market, in business terms, is understood as the audience that a company has. The market is the final destination that products and services have, within their life line. It is the set of people with needs and desires that must be satisfied.   What is the purpose of Marketing?   The purpose of marketing is to promote and publicize or disseminate a product or service, in order for it to be purchased and used. Why is Marketing important? The importance of marketing lies in the fact that it is the set of strategies to sell products, according to the needs and personalized preferences of the market. What are the dif...

Quality Management

  What is Quality Management?   Quality management is the process that is carried out within an organization to find that the standards of the products and services offered in the market be the highest. Must meet the needs, wishes and preferences of customers   What is the objective of Quality Management? The goal of quality management is to understand and meet customer needs and expectations, in terms of appearance, price, durability, purpose and use of products and services Which are the key components of Quality management? Describe in detail each one. ·          Support & operation: planning & making strategies of production ·          Performance evaluation: Customers satisfaction and products and services ·          Planning: Customer requirements ·          Leadership: Planni...

Resource Management

  1. What is Resource Management? The administration of resources is the distribution of the capital that a company has to carry out its economic activities. Said resources can be technological, financial, human, and intellectual. It also refers to the planning, structuring and distribution of all the material that the company has. 2. Mention what is the importance of Resource Management in business.   Its importance lies in making the internal processes of the company more efficient and effective, minimizing costs, in order to maximize its profits, make its materials efficient and distribute them correctly so that there is no shortage of resources, or lack of a factor to the job.   3. What are the Concepts and Components of Resource Management? Define them in detailed 1.      Resource scheduling: Resource scheduling refers to the supply of the different types of resources or materials of a company, depending on the work, task...

12 Human Resources

  Task 1 Human Resources Define Human resources. It is the area and department of a company that is responsible for the recruitment and selection of possible personnel for certain jobs. They are in charge of analyzing the profiles of the applicants according to their skills and abilities that best suit the job position. What is the role of human resources? Define in detail. The role of the human resources area is the selection of human talent according to the needs of the company or organization in question What is Capital? Capital is all that instrument or resource that is used, stored or produced for the use of itself in an organization. Capital can be technological, financial, human and intellectual In your opinion, is human resources necessary? Explain.   I think that the human resources area is the most important of every organization, because is in charge to select the most competitive people, according the job vacancy that exists. I t...

Administration & Management

TASK 2 Student’s Name: Sophia Pérez Morales Nua: 281600 What are the key differences between management and administration? Explain each of them in detail. Management is the act of managing people and their work for achieving an organization's goal using its resources, while the administration is an organized process of administering the management of an organization. Management is exacting the discharge of policies, while the administration is exacting the assurance of primary policies and objectives. Management is a low and mid-ranked function (it works for the low, medium, and top levels organizational needs of an Enterprise), while the administration is a high-ranked function (it entirely manages the overall management activities and demands of a company with proper planning an organizational resources). Decisions of the management are controlled by the goals and policies, and administrative decisions are controlled by a common belief and other forces. Managemen...

Administration, Business & Organization

  Task 1 Definitions   Administration Provide a definition of administration. Administration is a process to design and organize the different capitals of a company or organization (financial, human, technological capital, among others). According to Stoner, Freeman and Gilbert Jr, administration is the process of planning, organizing, directing and controlling the work of the members of the organization, and likewise the use of available resources to achieve the established goals. (Stoner, Freeman and Gilbert Jr., p. 7) The nature of the administration lies in creating structured processes, a good delegation of tasks and activities, maximizing the quality of the links and internal processes, optimizing resources, and minimizing errors.   Concepts of Administration ·          Authority: It is the power and capacity that is given to a person to carry out the management and administration of an organization, ca...

Globalization and global and local economies

      Events Aspect of globalization 1 Disneyland, the American theme park, has been set up in Hong Kong, Japan, and France.   economic 2 The parts of a car come from all over the world: Germany, Japan, Korea etc. and the car is assembled in the U.S.   economic 3 Businesses are operated with many satellite locations or call centers in other parts of the world to answer questions in another: for example, someone in India answering a call from the U.S. about a product or service.   Informational 4 The creation of regional forums such as the European Union , Asia-Pacific Economic Co-operation (APEC) , and international organizations such as the World Trade Organization and the World Health Organization. These international forums and organizations ha...