When I apply my skills and knowledge by studying and doing the intellipath that help me to gain information for my individual project for units 5. The Discussion Board give me the abilities to posted a report every Friday and exchange views on my colleages posting. Giving feedbacks and receiving feedbacks from your peers is a plus.
Competencies are observable, measureable patterns of skills, knowledge, abilities, behaviors and other characteristics that an individual needs to perform work roles or occupational funstions successfully. Performance management competencies that all supervisor (and team leaders) should develop and demonstrate include: Communicating.
Analyze how your strategic marketing plan fits with your mission statement and goals and what type of target audience would your pricing objectives.
Any company should know that it cannot service all consumers in the total market – at least not profitability and in the same way. The variety of different kinds of consumers and their needs is simply to large. There are too many differing types of customers, characteristics, needs, wants, and behaviors. Also, most companies can serve some segments better than other, because there is a greater fit between teh company’s strengths and the segment’s opportunties.
After having distinguisted between the seperate segments in a market, the company can select one or more of the segments to enter. Before doing this blindly, each segment should be assessed. Therefore targeting is concerned with evaluating each segment’s attractiveness for the company and selecting one or more segments to enter. The evalution of segment is based on the question ehich segment the company can serve best.
Now that we know which segments there are in the markets and having chosen one or more to serve, we have to decide on the how.
The intellipath is a recommendations that is like the summary of all did for information for your individual project 5.
Shareholders vs stakeholders wealth maximization as a sole objective resembles the first situation which is not practical and possible whereas the stakeholder’s including shareholders welfare resembles the second situation which is natural and healthier. Growth and development of a business have a number or requirements and not only the money.
A shareholder is someone who owns a financial share (equity stock) in the company and this has an ownership share in the company. A stakeholder is somsone who has an interest inthe company’s performance for reasons other than just capital appreciation due to an increase in the stock price.
Stakeholder’s welfare is a superior corporate goal over shareholder’s wealth maximization. Stakeholders welfare looks after all the factors responsible for its success whereas the ealth maximization as an objective over emphasis the important of money provider i,e shareholders.
There has been a lot i=of debate on the shareholders vs stakeholders and on who of the two set of prople be given more importance. Let us first have a look at the major differentiating factors between sharehloders and staheholders.
The shareholders make profits in term of dividend and capital appreciation if the companies make profits and the pricing its share of the index increases. on the other hand, if compare make a loss the same gets affected negatively by the share price and the returns that shareholders are also affected. Stakeholders are people who have an interest in the company ethier directly oe indirectly. One can say that all shareholders re stakeholders but not all stakeholders may be the shareholders of the country.
The shareholders want company to undertake activities that have positive effect on stock price or increase etc. Stakeholders focus on long-term longevity apart from the financial performance.
Shareholders may want the company to focus on improving the financial performance. Stakeholders want to incur expenditure that increases their value but doesn’t necessarily add to start term profitability.
Shareholder’s wealth maximization is a well-accepted corporate objective in almost whole the world barring a few exceptions, indisputably it is a superior and healthier goal compared to profit maximization which was lacking a long-term perspective. Hence, a stakeholder’s welfare is evolving as a further improved and wider corporate objective.