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Showing posts from February, 2020

Discuss the process and the barriers of communication

Communication is a process which information is packaged and then channeled by sender to a receiver via some channel media. Communication can also be regarded as the sharing of self-feelings with other people and also the sharing of ideas with others (Hassson, 2012). Communication involves two or more people as a sender and receiver is important for this process to take place. Communication is also about the transferring of information that helps a person to understand the purpose of the message (Adair, 2003). Communication comes in two distinct forms, mainly the verbal communication and non-verbal communication or face-to-face communications or written communications.  Recommended reading:  Strength and weaknesses of the First Direct bank_Swot analysis Communication occurs in both one-way and two-way. Two-way communication is about two parties transmitting information. For example, a customer and a helpline representative conversing on the phone. Both parties take pa...

Seven reasons why Zimbabwean companies fail

Ninety five percent of startup businesses fail (Hallberg, 2000). The Zimbabwean economy is mainly composed of these kind of businesses in sectors like mining and agriculture. The bulk of the references will be mainly concentrated on Small to Medium Enterprises (SMEs) as they are dominant in the country of Zimbabwe. The failure of bigger enterprises is however not undermined, although it is identical to those of SMEs. What other people are reading from this blog 1. What is a Balanced Scorecard? 2. Discuss the functions of Inventory in an organisation 3. What are the typical components of a business plan for a start up cover? 4. Explain the contents of the projected Statement of Financial Position of a start up venture 5. Explain in detail, why creativity and innovation are critical traits of a successful entrepreneur. The growth of Small to Medium Enterprises (SMEs) is a critical ingredient in the sustainable development of developing economies. The histor...

The nature and distinctive characteristics of services warrant their own marketing and management framework. Discuss

A service is any act or performance that one party can offer to another that is essentially intangible and does not result in the ownership of anything (Kotler, 2000). There are four main characteristics of services which are intangibility, inseparability, inconsistence and in-inventorability. These aspects affect the design of the marketing management framework. One of the distinctive characteristics of service is intangibility which means unlike with goods they cannot be smelled, felt, heard, seen or tasted. This tends to increase perceived financial and psychological risk to customers together with the fact that services are low in search qualities and high in experience and credence qualities. The risk is further increased in high contact services where a service is performed on the human mind or body. It is the duty of the service marketer to tangibilize the intangible through the physical evidence. Customers normally make inferences from the equipment, people and printe...

10 bizarre things you didn't know about Valentine's Day

There are many theories surrounding how Valentine’s Day started. The tradition can be traced from the 14 hundreds, meaning that it is 600 years old. Kathleen Davis, deputy editor of Fact Company, uncovers not only the holiday’s history, but some other amazing Valentine’s Day facts. 1. Valentine's Day is the tradition started with the Romans. According to History.com, the day derives from Lupercalia, a raucous Roman festival on February 15th where men stripped naked and spanked young maidens in the hopes of boosting their fertility status. 2. Candy hearts were originally medical lozenges. In 1847, Boston pharmacist Oliver Chase invented a machine that made the lozenge production process easier, resulting in the first candy-making machine, according to The Oxford Encyclopedia of Food and Drink in America. After spotting an opportunity to change the candy business, Chase shifted his mind to candy production with Necco wafers. 3. The heart shape a transformed to a   ...

Would you consider Wal-Mart to be an entrepreneurial organization? Why or why not?

Entrepreneurial organization can be defined as an organization that places innovation and opportunism at its heart in order to produce economic or social value. It is a simple organizational form that typically includes one large operational unit, one or a few individuals in top management. There are some characteristics that show that Wal-Mart is an entrepreneur organization which is described below. Other articles about Walmart popular in this blog 1.  A detailed case study of Walmart 2. The nature and distinctive characteristics of Walmart's service merit their own marketing and management framework. Discuss. Integrity When it comes to integrity, it is important to make your word your bond and always stand by it. Treat others as you would like to be treated, Wal-Marx treated each other as they would like to be treated which is actually the main objective of the organization. More so, the organization is making good deals for example it entered into a joint ...

How to reduce exposure and transmission of the coronavirus (COVID-19) according to the WHO standards

WHO’s recommended standards for the people to cut down chances of exposure to and transmission of COVID-19 are as follows: 1. Avoid direct unprotected contact with live animals and surfaces in contact with animals, when visiting live markets in areas currently experiencing cases of novel coronavirus;   2. Clean your hands frequently by using alcohol-based hand rub or soap and water;  3. Avoid the consumption of raw or undercooked animal products. Raw meat, milk or animal organs should be handled with care, to avoid cross-contamination with uncooked foods, as per good food safety practices. 4. Seek medical care early  if you have fever, cough and difficulty breathing and share previous travel history with your health care provider for easy tracking of the disease; 5.Cover the mouth and nose with flexed elbow or tissue when coughing and sneezing. Make sure you throw the tissue away immediately and wash hands;  6. Avoid being close to anyon...