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Strategic Planning and Management Control for Business Success

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Strategic Planning:

Any company designing strategic plans for achieving its objectives and goals established, these plans may be short, medium and long term, depending on the extent and magnitude of the undertaking.

Management Control

The management control is a process that serves to guide corporate governance towards the objectives of the organization and a tool for evaluation.

Analyze the face of competition:

  • 1. Composition of the sector: What forces are involved in the sector.
  • 2. Power and influence of each force: In what way and under what conditions would be highly pressure.
  • 3. Competitive position: What company has the capacity to resist or prevent the opposing forces and how to improve your position.
  • 4. Chains of value: It is a basic tool for
... Continue reading "Strategic Planning and Management Control for Business Success" »

Building Requirements: Safety, Functionality, and Habitability

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Basic Requirements of the Building

To ensure the safety of people, the welfare of society, and the protection of the environment, buildings must be designed, constructed, maintained, and retained in such a manner that satisfies the following basic requirements:

A) In Relation to Function:

  • Use: The layout and dimensions of spaces and the provision of facilities should facilitate the proper conduct of the functions provided in the building.
  • Accessibility: To allow people with reduced mobility and communication access and movement around the building, as provided in specific legislation.
  • Access to Telecommunication Services: Access to audiovisual and information services in accordance with their specific rules.
  • Facilitating Access to Postal Services:
... Continue reading "Building Requirements: Safety, Functionality, and Habitability" »

Mastering Financial Statement Analysis for Business Growth

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Financial Statement Analysis: Objectives and Importance

The overall objective of a company is its market survival and the growth of its economic capacity. Its basic objectives include obtaining the maximum return on investment in economic activity and maintaining a solvent situation regarding obligations and debts. To monitor and verify the achievement of these aims and objectives, the analysis of financial statements is essential.

Key Stages of the Accounting Process

The accounting process consists of a series of tasks and procedures, which are:

  • Accounting for the information
  • Verification of the information
  • Analysis and interpretation of data

Purpose of Financial Information Analysis

This study investigates the analysis of financial information, analytical... Continue reading "Mastering Financial Statement Analysis for Business Growth" »

Business Plan Essentials: Key Elements and Benefits

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1. The Plan for Firms

1.1. The Strength of a Business Project

It is impossible to launch any business project without a prior specification of the business idea. The idea upon which the business plan is based is the identification of a business opportunity not yet exploited, or the detection of some capacity to innovate and do things differently from others, in order to improve them.

In order to implement a particular business idea, there must be positive possibilities of success for the new company. Therefore, it is crucial to plan the entire business beforehand to draw conclusions regarding the potential applicability of the idea.

1.2. Definition of the Plan's Axioms

The business plan is a strategic plan that affects all areas of the company over... Continue reading "Business Plan Essentials: Key Elements and Benefits" »

Mastering Negotiation Tactics and Workplace Conflict Resolution

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Advanced Negotiation Tactics

A. The Secondary Point Focus

The objective here is to shift the other party's attention to a supply point that is important to them but secondary to us. For example, if we want a person to work with the disadvantage that it is nocturnal, but we see that the candidate is focused on internal promotion opportunities of the company. We then focus on that point, which to us is less important than the nocturnal requirement.

B. Economic Conflict of Interest or Strategic Limitation

This tactic involves strategically limiting your own authority to pressure the opponent to lower their demands. You state that you are not authorized to accept certain proposals (even if you are) with the objective of having the other party lower... Continue reading "Mastering Negotiation Tactics and Workplace Conflict Resolution" »

Phases of the Planning Process

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Phases of the Planning Process

First Phase: Research Base

The research base has a goal: knowledge of the reality that is sought to intervene. This is a stage before planning. It is a phase of study and concrete knowledge of the reality that will be subject to planning. It comprises two activities:

  1. Study of Needs
  2. Resources Assessment

A. Diagnostic Analysis. The Study of Needs

Knowledge of social needs is the starting point of all social planning. Determining the needs in a given sector is a complex objective. The creation and satisfaction of needs is a historical concept; needs are conditioned by time, space, and ideologies. Needs are not natural but are conditioned by economic, social, political, and cultural factors. Needs are not static or stable,... Continue reading "Phases of the Planning Process" »

TCP, PERT, Gantt: Maintenance Optimization Techniques

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How to Use TCP

Archive all sheets from computers on a production line. Create two files: one for mechanical parts and another for electrical parts. Organize sheets by teams and technical positions. Index all pages and place the index at the beginning for easy location.

When changing an element in the table, make a corresponding annotation. Establish a control period to meet maintenance system needs.

TCP (Technical Control Procedures)

Document the preventive maintenance system, indicating:

  • Parts or assemblies to be changed and special inspections.
  • Change or inspection period.
  • When parts were changed or inspected in the past.
  • Tentative next change or inspection.

TCP information helps develop maintenance and spare parts replenishment programs.

TCP provides:... Continue reading "TCP, PERT, Gantt: Maintenance Optimization Techniques" »

Empowering Communities: Benefits of Organizational Participation

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C. Benefits to the Educational Dimension

1) Organizational experiences are a social space and a key instrument for learning: Organizational processes are a real crucible for the formation of skills. The programs and activities of an organization produce situations and raise issues that create fertile ground for learning: learning to express oneself, to assume the exercise of responsibilities, exchange information, develop the practice of planning, etc. Both the successes of the organization and problem-solving enhance the ability of people to deal with others.

2) There is a social space and an instrument to promote the structuring of people's daily lives to create a stable frame of reference. Organizational activity becomes a powerful reference... Continue reading "Empowering Communities: Benefits of Organizational Participation" »

Mastering English Vocabulary: Relationships, Travel, Health, Work, and Shopping

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Relationships Vocabulary

Common Phrases and Terms

Item 4:

  • Afraid of - afraid to
  • Break up - split
  • Common interests
  • Common interests - couple - date - event
  • Pair
  • Fall in love with - love - to feel comfortable with
  • Being comfortable
  • Fond of - love
  • To get on (your) nerves - make your hair stand on end
  • Have a sense of humor - sense of humor
  • Jealous of - envious
  • Keep in touch - being in contact
  • Lose friends - friends lose patience
  • Lose patience
  • Loyalty - loyalty
  • Make friends - make friends
  • Pleased for - happy - happy with
  • Proud
  • Proud of - relative - relative sense of humor
  • Share common interests - share the same background - similar origin
  • Interests like
  • Sorry about - worth
  • Treat - trust - trust
  • Deal

Travel Vocabulary

Essential Words for Travelers

Item 5:

  • Airfare - airfare
  • Boring
... Continue reading "Mastering English Vocabulary: Relationships, Travel, Health, Work, and Shopping" »

Social Services Planning: Strategies and Implementation

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Social Planning Perspectives

3.1 Planning Perspectives

  1. The need for social planning.
  2. The inescapable auxiliary.
  3. The complementary productive.
  4. Social planning and investment planning as instruments for social control.

3.2 Planning Traditions

  1. Planning and social reform.
  2. Planning as social mobilization has its sources in anarchist, utopian, and Marxist thought.
  3. Policy planning.
  4. Social planning and analysis.
  5. Planning as social learning. On the conservative side, concepts were adopted by theorists.
  6. A second line of a revolutionary spirit in which Dewey's influence, a more indirect source, ends up in the tradition of social mobilization.

The state's commitment to correcting social imbalances, with equal opportunities and social justice, will imply the need for... Continue reading "Social Services Planning: Strategies and Implementation" »