Notes, summaries, assignments, exams, and problems for Other subjects

Management Fundamentals: Definitions and Roles

Core Management Concepts

• Management: A set of activities designed to achieve organizational goals by using available resources effectively and efficiently in a changing environment.
• Organization: A group of individuals working together to achieve a common goal.
• Resources: People, equipment, finances, and data used by organizations to achieve their common goal.
• Stakeholders: All individuals that can affect or are affected by the organization’s goals or means of reaching the goal.
• Profit: The gains collected by the company after reaching its goal.
  • Gross Profit: Total profit – the cost of goods sold.
  • Net Profit: Total profit – Total cost.

Functions of a Manager (POLC)

• Planning: The process of deciding

Classical Conditioning Terms

Global Information: Sources, Systems, and Real-Time Flow

Information is distributed globally today in real time, connecting people and organizations across vast distances.

The Reach of Global Communication

Technology has connected people to an unprecedented degree. Consider these examples of global connectivity:

• You can call a friend in Stockholm, Sweden, on your cell phone, though time zones remain a consideration.
• Email messages are sent from almost anywhere in the world and received in nearly any setting. Most public facilities and educational institutions now offer “live” or wireless reception areas.
• Personal communication channels make it easy to keep in touch with friends, family, and business 24/7.
• Mass communication channels operate on

Mariam Beiruti

Nad Al Hamar, Dubai

Phone: +971 4 257 7022 | Mobile: +971 50 953 1017

Email: [email protected]

Professional Summary

• Friendly and enthusiastic customer service professional who consistently meets customer satisfaction goals.
• Seeking a management role, skilled in establishing rapport with clients.
• Self-motivated individual with exceptional communication and computer abilities.
• Possesses excellent customer service, communication, and listening skills.
• Seeking a challenging career in a growing organization to utilize knowledge and experience effectively.

Skills

• Core Competencies: Teamwork and Leadership, Problem Solving, Self-management (including timekeeping), Strong Work Ethic, Commitment and Enthusiasm.
• Communication & Interpersonal:

International Crisis Management

Risk Assessment

Conduct a comprehensive risk assessment to identify potential crises that could impact your organization's international operations. Analyze political, economic, social, technological, and legal factors in your countries or regions of operation.

Crisis Response Team

Establish a dedicated crisis response team with members from different departments who have the expertise and authority to make critical decisions during a crisis. Clearly define roles, responsibilities, and communication channels within the team.

Communication Strategy

Develop a robust communication strategy for internal and external stakeholders. Establish a clear chain of command for key messages, prepare spokespersons for media interactions,... Continue reading "International Crisis Management Strategies" »

Maritime and Marine Terminology

Polluter: A vessel emitting harmful substances into the air or spilling oil into the sea.

Proceed (to): To sail or head for a certain position or to continue the voyage.

PA-system (Public Address System): Loudspeakers in the vessel's cabins, mess rooms, etc., and on deck via which important information can be broadcast from a central point, mostly from the navigation bridge.

RCC (Rescue Coordination Centre): Land-based authority conducting and coordinating search and rescue operations in a designated area.

Receiving Point: A mark or place at which a vessel comes under obligatory entry, transit, or escort procedure.

Reference Line: A fictive line displayed on the radar screen separating the fairway for inbound and outbound... Continue reading "Maritime and Marine Terminology: A Comprehensive Glossary" »

Why Online Shopping Is the Superior Way to Shop

In the modern age of convenience and technology, online shopping has become an increasingly popular way to shop. It stands out as the best method for several compelling reasons:

• Vast Selection: The array of products available at our fingertips is unparalleled. Whether you're looking for the latest fashion trends, rare collectibles, or everyday essentials, online stores offer a seemingly endless selection.
• Effortless Comparison: The ease of comparison shopping allows consumers to find the best deals and prices, often with just a few clicks. This not only saves money but also significant time and effort.
• Unmatched Convenience: Shopping from the comfort of your own home, avoiding crowded stores and long

ISO 14001:2015 Environmental Management System

ISO 14001:2015 is an environmental management system (EMS) standard that outlines requirements for an organization's EMS. It helps organizations to manage their environmental responsibilities in a systematic and proactive way. The standard specifies the requirements for an organization's EMS and provides a framework for establishing and maintaining an EMS.

Key Elements of ISO 14001:2015

Scope of the EMS

The scope helps achieve the intended outcomes of the EMS, considering a “life cycle perspective.” It defines the boundaries of the EMS and specifies any exclusions.

Normative References

This section lists additional requirements that need to be considered to maintain a consistent numbering scheme... Continue reading "ISO Standards & Business Improvement: EMS, OH&S, Quality, LEAN" »

Business Structures, Strategies, and Restructuring

Company Structure

A company is a separate legal entity, possessing the same rights as a person. This includes the ability to incur debt, sue, and be sued.

Partnership Structure

A partnership involves multiple individuals who conduct business together.

Business Strategies

A business strategy is a plan to achieve specific objectives. These strategies can be generic or competitive.

Generic Strategies

• Growth: Introducing new products or adding new features (e.g., phone companies).
• Product Differentiation: Creating a competitive advantage through superior quality or service (e.g., air purifiers with superior engineering design).
• Price-Skimming: Initially charging high prices for a product and then lowering

Key Elements of Integrative Entrepreneurship

Five Key Elements

• Environmental Opportunities
• Entrepreneurial Individuals
• Organizational Context
• Unique Business Concepts
• Resources

Integrative Model of Entrepreneurial Inputs and Outputs

Inputs

• The Entrepreneurial Process: Identify Opportunity; Access and Acquire Necessary Resources; Implementation
• Entrepreneurial Intensity (EI): Number of Events and Degree of Entrepreneurship (Innovation, Risk-Taking, Proactiveness)

Outputs

• A Going Venture
• Value Creation
• New Products, Services, Processes, and Technologies
• Profits or Personal Benefits
• Employment, Asset, and Revenue Growth

12 Key Elements of Entrepreneurship

1. Drive to Achieve: The motivation to reach a desired goal.
2. Determination and Perseverance: Avoiding failure by