Fiscal Drag

Fiscal drag is an economics term referring to a situation where a government’s net fiscal position (equal to its spending less any taxation) does not meet the net savings goals of the private economy. This can result in deflationary pressure attributed to either lack of state spending or to excess taxation. One cause of fiscal

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“The nature of strategic management differs according to the type of organizations.Discuss this statement with respect to the following types of organizations:Public sectororganizations

Although the elements of strategic management are broadly the same irrespective of the type of organization or its context, the range and nature of strategic issues does to some extent differ according to the organization type and its context. In other words, it would be wrong to assume that, for example, all the elements of

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“The nature of strategic management differs according to the type of organizations.Discuss this statement with respect to the following types of organizations: Non-profit organizations

Strategic management in the voluntary and not-for-profit sector As with public sector organizations, it is important to recognize that this sector contains many different varying types of organization. However, it is again possible to generalize regarding the extent to which there are differences regarding the nature of strategic management in such organizations. One of the

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“Explain the factors that are considered in the design of an organization structure

Factors in the Design of an Organization Structure A basic design challenge involves deciding how much authority to centralize at the top of organizations and how much to decentralize to middle and lower levels. An organization’s hierarchy begins to emerge when the organization experiences problems in coordinating and motivating employees. These problems lead to organizations:

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Outsourcing some of an organisation’s operations could lead to increased productivity.” Discuss

Outsourcing some of an organization’ operation could lead to increased productivity” Summary of key benefits: • More focus on core business • Flexibility to expand and reduce services in line with demand • Reduction in cost of network ownership • Contractual service level agreements • Reach new markets and customers • Immediate access to new

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In order to enhance the chances of a new product succeeding, the company should follow a systematic new product development process Highlight the major stages in new product development

The Major Stages in New Product Development Products tend to go through five stages: New product development stage *very expensive *no sales revenue *losses Market introduction stage *cost high *sales volume low *losses *high prices Growth stage *costs reduced due to economies of scale *sales volume increases significantly *profitability *prices to maximize market share Mature

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Outline the activities that are included in a public relations programme of an organization

b) Outline the activities that are included in a public relations programme of an organisation Media relations Our media relations staff know how to manage information through the various communications channels (newspaper, consumer and trade magazine, newsletter, television, cable, radio or internet) that act as gatekeepers for key publics. Utilising a set of professional interviewing,

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The primary purpose of performance measurement is to measure how well an organization or department is accomplishing its mission, goals and objectives. Describe the steps to be followed in the implementation of a performance measurement system in an organization

Steps in the implementation of a performance measurement system in an organization Performance is an important part of any measurement based management system. Before you start, your organization should establish a core team to carry the performance measurement system design process forward. Though the system is never finished, it should take only a year or

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