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71: Explain the importance of Contingency Planning
Explain the importance of Contingency Planning INTRODUCTION Contingency planning is planning for the future. It is a plan which prepares an organisation or agency for an emergency or out of the ordinary situation so that business activities can resume to normal as soon as possible. It allows an organisation the capacity to plan a response to events, which could disrupt its normal operations. Such disruptions may be minimal or may include ... associated persons are familiar with, is to reduce damage to personnel, clients, property, equipment, reputations, goodwill and credibility. Contingency planning minimises the impact of disruption while maximising resources available to resume normal operations in a business environment. In this essay I will explain the importance of contingency planning by highlighting the negative aspects of an emergency situation, which occurred to a company in Bhopal, India in 1984. The company did not ... that occurred in Victoria, Australia in 1994. My reference is by way of photographs and examples used by the Council, depicting the successful implementation of a contingency plan. How contingency planning began. Safety consciousness in business and industry was basically a product of the twentieth century. Before the industrial revolution, many businesses suffered economic losses as a direct result of accident or illness rising out of prolonged exposure to a ...
72: Should Gambling Be Legalized?
... attendance at all major league baseball games, with close to 130 million people visiting casinos every year.1 With so much money at stake, the average gambler does not stand a chance against this big business. The casinos go to every length to analyze what makes a gambler bet, stay longer, and loose as much money as possible. Gamblers who come to casinos with the intention of winning money are habitually ... red machines on the outside of isles. Inside the isles are the more calm cool blue and greens that seem to encourage the player to stay longer. Gamblers are at the mercy of the big business casinos. Most people do not fully realize how much they are controlled by institutions who have made a science of studying gamblers behavior at the gaming tables. It is a fact that the economic status ... taken advantage of people's indecision. They do this by stating that there is much potential demand for gambling, and without acting on it, casinos in neighboring communities and Indian reservations will open and take business away from them. They claim that casinos in nearby cities are presently reaping the benefits from a gambling based economy. Indecisive communities are told that by not acting, they are in fact losing money. ...
73: Software Licensing and Piracy
... software company revenues are generated overseas, yet nearly 85 percent of the software industry's piracy losses occurred outside of the United States borders. The Software Publishers Association indicated that approximately 35 percent of the business software in the United States was obtained illegally, which 30 percent of the piracy occurs in corporate settings. In a corporate setting or business, every computer must have its own set of original software and the appropriate number of manuals. It is illegal for a corporation or business to purchase a single set of original software and then load that software onto more than one computer, or lend, copy or distribute software for any reason without the prior written consent of the ...
74: Applied Litigation Research
... national probability sample of approximately 1,500 Americans. The survey covers a wide range of topics but uses standardized question formats where possible to facilitate trend analysis and pooling. One question concerning peoples' confidence in business leaders was selected as a criterion variable for estimating favorability of juror predispositions to the case: I am going to name some institutions in this country. As far as the people running these institutions are concerned, would you say you have a great deal of confidence, only some confidence, or hardly any confidence at all in them? [Business leaders] This variable was cross-tabulated with various demographic and attitudinal items using the Statistical Package for the Social Sciences (SPSS). The best method of determining the characteristics of favorably oriented jurors is to correlate ... who were initially unfamiliar with the issue. This observer submitted written field notes and summaries of the proceedings, but did not participate in the defense. Notes were kept electronically on laptop computers. Typically, technical information (business contracts and transaction) were gathered from trial exhibits. In particular, observers would write down the "story" being presented to jurors and the themes that the lawyers used to communicate their sides of the dispute. ...
75: BUSINESS MARKETING Understando
... driven representations, of the worth in monetary terms, of what the suppliers are going to could do for its customers. I have been talking about values, but what they are and what values are in business is what I'm going to explain right now. In business market values are the worth in monetary form of the technical, economic, service and social benefits any customer receives in exchange for the price it pays for a market offering. An example of value in ... value model. Then it is a good time to generate a comprehensive list of value elements. These elements will be the one that affects the costs and benefits of the offering in the customer's business. The elements could be technical, economic, service or social in nature and will vary in their tangibility. But suppliers have to be very carefully on checking which elements left out, especially those that might ...
76: A Family-friendly WorkPlace
... with work reorganization. There are many options, such as job restructuring, telework, job-sharing or flexible work arrangement. However, there are some guidelines and limits to be sure the office is properly staffed so that business continues to run smoothly. Many companies that have implemented such arrangements would notice that there is a change in the employees' performance level. One positive outcome is that many employees express a greater level of ... and gain a competitive edge in retaining and recruiting skilled employees. The West Group is an Eagan-based company that offers flexible work schedules, and more than 400 employees are on such schedules. When the business and legal publisher implemented its pilot program for flexible and alternate work schedules in 1997, it did so primarily because its business needs were changing, said Maggie Debner, the company's director of human resources. "Some businesses were operating 8 to 5 and it didn't need to be done that way," she said. "So we ...
77: Do Companies Have Business Con
Organizational or corporate social responsibility refers to the obligation of a business firm to seek actions that protect and improve the welfare of society along with its own interests. Corporate social responsibility often challenges businesses to be accountable for the consequences of their actions affecting the firm's stakeholders while they pursue traditional economic goals. The general public expects business to be socially responsible, and many companies have responded by making social goals a part of their overall business operations (Hay, 1989). This paper will discuss four companies that have a conscience towards our today's society, and helped to create a better community for all of us, they are Johnson & Johnson, American ...
78: Intergrating Technology And Le
The face of business has changed. Technology has taken over or enhanced traditional ways of communication such as face-to-face interaction and mail. It isn t necessary to wait 7 business days to hear a reply from a customer anymore. In fact, it could take less than 7 minutes through the use of a phone, email, or fax. The Board of Trustees can have a video ... personal interaction when meetings would be held in a conference room and tasks would be accomplished by people standing side by side to each other. Leadership is a necessary component to the success of any business or organization. Leadership says, I care about you to the customer. Used correctly, technology can enhance the practice of leadership in today s businesses and organizations. It is necessary, though, that some personal interaction ...
79: Business Marketing
... driven representations, of the worth in monetary terms, of what the suppliers are going to could do for its customers. I have been talking about values, but what they are and what values are in business is what I'm going to explain right now. In business market values are the worth in monetary form of the technical, economic, service and social benefits any customer receives in exchange for the price it pays for a market offering. An example of value in ... value model. Then it is a good time to generate a comprehensive list of value elements. These elements will be the one that affects the costs and benefits of the offering in the customer's business. The elements could be technical, economic, service or social in nature and will vary in their tangibility. But suppliers have to be very carefully on checking which elements left out, especially those that might ...
80: Web Advertising
... the uncertain nature of Web advertising may make a policy of 'watching and learning' most viable. What implications will this new technology have for marketing? What is the nature of Web advertising? How can a business use the medium effectively ? Where is all this going ? These questions appear to be most pertinent in the process of understanding interact ive marketing on the Internet. The qualified opinion of John Matthee, a Web ... multimedia web pages (such as Adept Internet), Internet commerce, cable companies and modem suppliers (Perlman, 1996). 2.3) Technological Implications for Marketing Joseph (1996, p. 29) concisely described the situation as such: ' Marketing, like most business disciplines, is undergoing a period of change as a direct result of the information revolution. The rapidly declining costs of and increasing power of information processing technology is altering the in which customers and businesses ... multimedia kiosks which introduce the subject of interactive marketing (Joseph, 1996). The emergence of new and revolutionary technology forms a double-bladed sword, as it can represent both an opportunity and a threat to the business. In particular, this technology places an interesting and novel challenge on the shoulders of the modern da y marketer. The failure to utilise these developments can put the business at a great competitive disadvantage ...


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