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Management consultant may be also viewed as lacking of familiarity with the organization and there might be lack of responsibility, accountability for results.
Management consultant offers fresh perspective considering that in a certain company for instance, the CEO might be so confined with the issue that it would be hard enough to look for other fresh, new and reliable perspective. One of the ways to look at new perspective is to hire management consultant. Management consultants are known to be exposed to different perspectives considering that they try to tackle issues most often regarding business consultancy. Thus it is a fact that they have certain information that they might be able to use prior to making suggestions and explaining new perspectives.
Management consultants are known as separate entities of the business. As such there is a remarkable reason to believe that they have no vested interest of the company for as long as they are paid on their service rendered. Unlike hiring those internal employees, vested interest is remarkably observed leading to more complex problem of the company in the long run. Management consultants are objective in giving their opinions and results.
Management consultants have no specific time they intend to work for someone else. Thus, it is important to consider that they are of great help to managers who barely have time for management decision concerns.
For legal, regulatory and ethical reasons, management consultants are more objective when it comes to giving results. Thus, it is important to understand that management consultants are paid to be objective enough in giving details and results for whatever the management wanted to find out.
Hiring management consultant can be costly. This is due to the fact that the mere purpose why management consultants are rendering services is about making additional income. Thus, the management of a company must be able to provide monetary aspect in return of the services
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This research is the best example of comparison of marketing products and services to businesses rather than consumers. The researcher will contrast international marketing with domestic marketing. This study looks into development of products to sustain competitive advantage and distribution system to provide customer convenience.
Introduction Organizations are defined as: ‘(1) social entities that (2) are goal-oriented, (3) are designed as deliberately structured and coordinated activity systems, and (4) are linked to the external environment’ (Daft, 2010, p.10). The definition creates the perception that organizations, because they commonly possess the four characteristics described above, belong to one homogeneous group.
There are many different types of organisations, with each developed for the purpose of either achieving profit, to produce a series of productive outputs for general society, improve employment opportunities for society, or simply to provide a useful set of product and services to enhance lifestyle for consumers.
The business organisation is primarily involved in the design, manufacture, wholesale and retail of menswear, womenwear, and childrenswear and related accessories which includes skinwear, fragrances, eyewear, and watches. With its quest to become a global brand, UK has widened its scope to take advantage of the opportunities abroad.
The parent company, the Schwan-STABILO group is a multi-national company of pens, pencils, cosmetics and outdoor gears and equipments which started in 1985 with the ownership of Gustav Schwanhuer (Schwanhuer Industrie Holding GmbH & Co. KG). Originally named as Groberger & Kurz, the company was renamed 'Schwan-Bleistift-Fabrik' and has since become an international company, until in 1996 when it was again renamed Schwan-STABILO Schwanhuer GmbH & Co.KG, a company converted into a holding company (Schwanhuer Industrie Holding GmbH & Co.
Which is more important when considering marketing strategy: to satisfy customer needs or to achieve competitive advantage? This sounds like a quiz show trick question, but it is a dilemma faced by every manager, from the company’s Chairman and Chief Executive Officer to the lowest supervisory level minion.
The important aspect of the success is that he / she does not stop after achieving the goals or objectives but in fact set higher goals in order to achieve more. This idealism transformed the world into the one we are living today.
With the evolution of the
Kellogg has been operating in the global market since a long time. With the rapid increase in population globally, demand for the Kellogg products have also increased. This rise in population gives Kellogg an opportunity to capture new
The study has evaluated the internal key driving forces of the organisation through the analysis of VRIO as well as McKinsey’s 7s framework. The evaluation of driving forces of external market and the competitors’ analysis of new location has also
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