IFE Matrix Analysis: Internal Factor Evaluation

IFE Matrix Analysis or Internal Factor Evaluation Matrix analysis, is among the most ideal tools for strategic business management. IFE Matrix analysis is useful for the internal auditing of organizations. The Internal Factor Evaluation matrix is employed in the internal analysis of various business functions like finance, marketing, IT, accounts, operations, Human Resources, etc, depending …

           

Strategic EFE Matrix Analysis or External Factor Evaluation

EFE Matrix analysis or external factors evaluation matrix analysis is used in strategic management for analysis of the external threats and opportunities

           

Total Quality Management/ TQM Models of Quality Improvement

Total quality management, TQM, and its related theoretical models of quality improvement, is currently recognized as an essential management…

           

Amazon’s Six Sigma Model of Total Quality Management

Amazon’s Six Sigma model of total quality management, TQM, is used by Amazon to improve management operations. The Six Sigma model of quality improvement is…

           

L’Oreal SWOT Analysis, Cosmetics Industry & L’Oreal’s Market Strategy

L’Oreal SWOT Analysis, Beauty and Cosmetics Industry & L’Oreal’s Market Strategy. L’Oreal has made great ventures into various beauty and cosmetics markets across the globe. L’Oreal’s SWOT Analysis and marketing strategy

           

Extrinsic Employee Motivation: Training, Salary, Promotion and Employee Performance

How extrinsic employee motivation factors like salary, training, and promotion enhance employee performance. Employee motivation involves the provision of proper guidance, resources, direction and rewards in order to inspire performance

           

Reward Systems for Employee Retention within the Higher Education Sector

This report describes the study made on how reward systems affect staff retention in higher education systems. The aim of the study was to review ways in which higher education systems use reward systems to improve their employee retention. In order to gain a clear insight on the topic, varied literature sources were studied.  This …

           

Wedding Planning, Emerging Wedding Trends and Wedding Events Management

Trends in wedding planning, wedding events management, social-cultural importance of weddings and challenges faced by wedding planners

           

BOOK REVIEW: INTRODUCTION TO OPERATIONS AND SUPPLY CHAIN MANAGEMENT

The book introduction to operation and supply management explores on various critical issues on operations and supply chain management. On chapter 7, Cecil and Hadfield explore in details the basics and the procedures of supply management. The chapter provides basic definitions that are applicable to supply management. According to Cecil, supply management includes all the …

           

Things that a Business should do to Progress.

Background For a business to succeed, it must analyze its performance to work on weak points and to continue applying high points.  Industry growth is increased by selling products of high quality because such products reduce industry competition. Resources should be managed well to avoid loss in companies. The automobile is no different. For instance …

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