Workplace
Management
by
Laurus Nobilis
|
Biz
Development Article - Human Resources
|
| Workplace
management is is the skill that is part
of ability to execute group of basic skills. Workplace
management is the ability to manage tasks in order
to conduct business processes. Work management is important for
all positions within all functions. More
|
Demand and Supply Equilibrium
by
Laurus Nobilis
|
Biz
Development Article - Sales
Force
|
Equilibrium
price is the price that equates the amount requested and
offered. In equilibrium price, quantity of goods that
buyers are willing and able to buy fully coincides with
the amount that sellers are ready and able to sell. More
|
Aggregate
Supply Of Products
by
Laurus Nobilis
|
Biz
Development Article - Sales
Force
|
| Aggregate
Supply a Product (service) is
the quantity of products
(services) that sellers are
willing and able to sell.
Offered quantity is positively correlated with
good price. The law of Supply says: with the rise of
prices of a good, the supply is growing as well,
and vice versa, assuming that other factors constant. More
|
Marketing
Mix: Promotion
by
Laurus Nobilis
|
Biz
Development Article - Marketing Management
|
The promotion is
always serving to specific goal. These goals can
be public informing, demand increasing, product
differentiation, and product value increasing or
sales stabilizing. Usually the promotion is
targeting more than one goal. More
|
Aggregate
Demand
by
Laurus Nobilis
|
Biz
Development Article - Sales
Force
|
| Aggregate
Demand is quantified expression of demand for
a certain product or service within the
market. Aggregate demand is total quantity of
products that customers are willing to buy,
according to all alternative prices. More
|
Performance
Feedback
by
Laurus Nobilis
|
Biz
Development Article - Performance
Management
|
The
Feedback is the essential part of performance
management. The feedback helps employees to
maximize their performance while performing daily
tasks. It helps them to raise their awareness of
their strength and areas for improvement. More
|
Individual
Development Plan
by
Laurus Nobilis
|
Biz
Development Article - Performance
Management
|
| The
performance management is the process where the employee
is creating value for the company and opportunity for
personal development. From the perspective of the
company, performance management is the opportunity to
recognize contributions and achievements of employees. More
|
Judgment
by
Laurus Nobilis
|
Biz
Development Article - Human Resources
|
Judgement
is the skill that is part
of Ability to execute group of basic skills.
Judgement is the ability
to conclude based on facts, in order to make make
further steps. Judgement is important for managerial
and executive positions within all functions. More
|
Individual
Development Plan
by
Laurus Nobilis
|
Biz
Development Article - Human Resources
|
| Individual
Development Plan ( IDP ) is formal document that
identifies an individual’s learning and development
goals. The manager and employee jointly develop the
Individual Development Plan. More
|
Forecasting
Methods: Cross Functional Demand Forecasting
by
Laurus Nobilis
|
Biz
Development Article - Supply
Chain
|
Demand
forecast is the cross functional document that is
aligned for the incoming period. The Sales
forecasting methods should involve all
stakeholders, not just sales department. More
|
Leadership
and Management
by
Laurus Nobilis
|
Biz
Development Article - Human Resources
|
| Business
management requires application of different management
skills and methods. Leadership and management are
frequently used terms that reflecting a skills necessary
for business management. So what is the similarities and
differences between these to terms? More
|
Demand
Forecasting
by
Laurus Nobilis
|
Biz
Development Article - Supply
Chain
|
Demand
for the product is the basis for the sales plans,
as well as supply chain planning. Once the demand
is determined it is possible to estimate market
share and potential sales volume. Demand forecasting
is also basis for supply chain activities. More
|
Decision Making
by
Laurus Nobilis
|
Biz
Development Article - Human Resources
|
| Decision
making is the skill that is part
of Ability to execute group of basic skills. Decision making is the ability to conclude based on
facts and make the consequent decision, in order to
make progress of situation. Decision making
is the skill important for all executive positions. Decision
making is necessary for the business in order to
make adjustments to new situations. The decision can
be proven to be right or wrong, but the worst
situation is one without decision at all. More
|
Price
Elasticity of Product Demand
by
Laurus Nobilis
|
Biz
Development Article - Sales
Force
|
Price
elasticity of product demand is measuring the relation
of price and demand for the product. The price variation
is influencing product demand in different ways. As a
general rule the price increase is causing demand
decrease. More
|
| |
