But, soft skills such as communication skill, social skill, and human relations skill are equally, perhaps more, important in the modern climate. Globalization has compounded the need for managers to be more alert and adaptable as they have to work in an environment totally different from their past experience. Communication, leadership, teamwork, hard work, negotiability, adaptability etc are some of the common attributes that present-day managers should possess.
Operations management is one of the functional areas of management, which is concerned with managing the operations of a firm such as production of goods and services to ensure that they can meet the quality and features that the end customers are in need of. Earlier, it was considered merely operational in nature, but with the advancement in marketing philosophy and the shift of business operations from production orientation to marketing orientation, production management assumes great importance and considered a value-adding area. Production involves a wide spectrum of activities associated with production and distribution of goods and services. This functional area of management ensures the proper planning, organizing and execution of all operations in an efficient and effective way so that organizational objectives can be attained. The basic principles of this discipline remain the same irrespective of the nature of organization, but they have to be adapted to the changing nature of organization and its size.
How is flexibility in human resources management beneficial How is it detrimental
Human resource management involves the proper utilization of people in an organization in a cordial and cooperative environment. This area of management has strict rules and principles with which people are hired, trained, and compensated. However, these principles cannot be used as such without a humanitarian approach. In other words, there are no hard and fast rules as to how people can be managed and utilized, because there are no theories which exactly exhibit the human behavior. Human behaviour is a most complex phenomenon that nobody can predict. The proponents of various human theories assume certain unique assumptions under which those theories hold good. Therefore, flexibility in people management approach is indisputably essential in order to manage them effectively and in the way desired by managers. The degree of flexibility is purely contexial and decided by a manger in conformity to the needs of his/her organization. In a situation where people are managed strictly according to the written rules and principles, there are chances for serious repercussions in the form of low productivity, absenteeism and industrial unrest.
Select a consumer item available today and analyze it using the four Ps of marketing. How do these factors impact consumers
Consumer item selected for discussion- Health Service: Weight Reducing Program
The four Ps of marketing: It means and includes all the efforts of a marketer beginning from conceiving a product idea and ending with reaching the product/service to the target customer at their convenient place for desired price. Product, Price, Place and Promotion etc. are the four Ps of marketing and sometimes these four Ps are expanded to seven or ten