...."If your business is more targeting within your relationship, in other hand, if you hire & promote employee looking about their family background instead of (their qualification & experience, how much they are giving), to grow the business, then you are not confident with your Experience, Skills, Education which basically means that you lack Professionalism & you will not go as long as you want even though, you are on top of the list today ", Bishnu Dhamala
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"Become friends with people who aren't your age. Hang out with people whose first language isn't the same as yours. Get to know someone who doesn't come from your social class. This is how you see the world. This is how you grow." Unknown__All About MBA Experience
Thursday, October 1, 2015
Problem faced by Nepalese businesses
Nepal has been facing
different kinds of problem; some of the important points are as follows:
·
Interference: It is one of the major problems
of management of Nepal. Government and political leaders interfere in the
management of public enterprises of Nepal.
·
Lack of Finance: The other management
problem of major industries is the lack of necessary financial resource. It is
difficult to get loan from bank for the industry.
·
Availability of the market size: Nepal
has limited market. There is no access to all parts of the country. As small quantity
of goods is to be produced for small market, the production cost reaches high.
As a result the price of the goods also goes high.
·
Lack of mutual trust: There is dearth of
mutual trust in Nepal. Mutual trust cannot be found even among the departments,
level and employees of the organization. Due to lack of trust authority is not
delegated to the lower levels. Such mistrustful environment becomes detrimental
to the industries.
·
Lack of efficiency manpower: Efficient
and skilled manpower cannot be found in Nepal’s labor market. Labor is supplied
from the crowed of unskilled and inefficient people.
·
Lack of technical knowledge : The manager working in organization should
have technical knowledge. But the manager working in the business of Nepal has
not got technical knowledge. Because of the absence of technical knowledge in
other employees, except the related ones, organization performance cannot be
effective.
·
Labor problem: Labor organization gives
pressure on management to fulfill their interest by holding demonstration,
calling for strike, locking up, sit in etc. as the leaders of labor
organization are affiliated to political parties and leaders, and the labor
organization becomes strong.
·
Lack of infrastructure: The
infrastructure such as transport, communication, electricity, water supply etc
becomes necessary for industrialization. But these infrastructures are not
available properly.
Saturday, January 10, 2015
Case Study-Remedies for Breach of Contract-Business Law-MBA
As
we know that, the Uniform Commercial Code, first published in 1952, is one of a
number of uniform acts that have been promulgated in conjunction with efforts
to harmonize the law of sales and other transaction in all 50 states within the
U.S.A.
Case Study - Basic Service Contract-Business Law -MBA
Generally,
contract can be defined as an agreement with specific terms between two or more
persons or entities in which there is a promise to do something in return for
valuable benefit known as consideration. Since the law of contracts is at the
heart of the most business dealing, it is one of the three or four most
significant areas of legal concern and can involve variations on circumstances
and complexities. And here, we can define the basic service contract as an
agreement between the employer and employee.
Case Study -Article of Incorporation- Business Law-MBA
As we know that,
the Articles of Incorporation, sometimes also called a certificate of
incorporation that must set forth certain information as mandated by statute.
Although laws vary from state to state, proposes of the corporation and the
rights and liabilities of shareholders and directors are typical provisions
required in the document. Official forms are prescribed in many states.
Case Study- Master Tag- Operational Management and Supply Chain - MBA
Master Tag is an international
company committed to the production of horticultural care tags and
merchandising solutions. Master Tag is an
international company enthusiastic to the production of plastic horticultural
care labels and merchandising solutions. The company was established in 1949 by
Ludwig Schmidt as Master Products Company. At present the company is producing
a line of plastic horticultural labels for seeds companies
Case Study- Fast-food Franchise-Operational Management And Supply Chain-MBA
The owner of a fast-food franchise has exclusive
rights to operate in a medium-size metropolitan area. The owner currently has a
single outlet open, which has proven very popular, and there are often waiting
lines of customers. The owner is therefore considering opening one or more
outlets in the area.
Case Study - Outsourcing of the hospital - Operational Management and Supply Chain -MBA
Due
to financial pressures that many hospitals faces the deaconess clinic in
billings, Montana, decided to outsource a number of service, although in
somewhat different ways.
First, the hospital outsourced its
cafeteria food service although the food service employees were hired by the
outside firs, they still felt a sense of ownership of their jobs, and still
felt connected to the hospital because of the family atmosphere in the kitchen
and the cafeteria.
When the hospital tried the same
thing with housekeeping employee turnover became a problem. An investigation
revealed that because the housekeeping employee was more isolated in their
work, they lost what little feeling oe being connected to the hospital they
had. The problem was solved by hiring the employees back but using the
outsource company to manage housekeeping.
The
hospital also decided to outsource its laundry service. This time the hospital
approached a rival hospital about joining it in out sourcing laundry services.
Case Study-Level Management-Operational Management and Supply Chain-MBA
Level operation is a
small company located in eastern Pennsylvania; it produces a variety of
security devices and safes. The safes come in several different designs.
Recently, a number of new customers have placed orders, and the production
facility has been enlarged to accommodate increased demand for safes.
Production manager Stephanie Coles is currently working on a production plan
for the safes. She needs a plan for each day of the week. She has obtained the
following information from the marketing department on projected demand for the
next five weeks:
|
Model
|
S1
|
S2
|
S7
|
S8
|
S9
|
|
Weekly
Qty
|
120
|
102
|
48
|
90
|
25
|
Friday, January 9, 2015
Corporate Scope, Objectives, Strategies
Corporate scope:
As in the normal
condition, scope can be defined as a project management term for the combined
objectives and requirements necessary to complete a project. Properly defining
the scope of a project allows a manager to estimate costs and the time required
to finish the project.
Here, Corporate scope
is the area which business firm is planning to cover or it is targeted area
under which is going to operate its function.
For the organization
view point, If the scope is determine it will help to develop various strategies
and planning so that there will be smooth functioning in the business.
For example, if any one
want to work in the educational sector then, there is huge opportunities in Nepal
which is consider as the scope.
Corporate objectives:
Here, in the normal
condition, it can be defined as a well defined and realistic goal set by a
company that often influences its internal strategic decisions. Most corporate
objective targets used by a business will specify the time frame anticipated
for their achievement and how the company's success in doing so is to be
assessed.
In other words, Corporate
objectives are those end results or desired outcome for which entire
organization give their best. Due to corporate objective organization member
will have clear vision what to do and they also link their own organization
objective, Hence that any conflict doesn't arise.
For example, if any
company wants to decrease the cost and increase the profit, at that time it is
one of the objectives for that company.
Corporate strategies:
As we know that,
Corporate Strategy is concerned with how companies, like Disney, create value
across different businesses. It takes as given the RC lessons on competitive
strategy, and asks how the corporation can add value over and above that which
a business unit creates by itself. This requires the corporation to invest in a
valuable set of resources, craft the business portfolio, and design the
organization structure, systems and corporate functions to share activities or
transfer skills across businesses.
In other words, Strategies
is to prepare a certain plan to achieve a particular goal. And these strategies
are develop as per vision and mission of the company by doing SWOT analysis by
analyzing external environment and internal environment and finally matching
strengths with opportunities.
For example, for the
any organization, beating the competition (strategies and tactics to gain
competitive advantage) as consider as the strategy of the organization.
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