Group Decision Making

Specific differences between decision making groups and teams

• The group has a definite leader.

• Members of a group have individual accountability.

• The group measures effectiveness indirectly.

• The group discusses and  delegates.

• The team has both individual and collective accountability.

What is a Multinational Corporation?

Move to a transnational strategy

1. Conclusion Observation of national differences
2. The Tortuous Evolution of the Multinational
3. Building Layers of Competitive Advantage
4. Managing Differences Challenge of Global Strategy
5. Understanding International Context
6. Local Memoirs of a Global Manager
7.  Expanding Abroad  Motivation

SMART objectives

Marketing Objectives & Metrics

• Garner Marketplace Insight 

• Increase Exposure

• Develop Loyal Fans

• Increase Traffic

• Generate Leads

• Increase Engagement

• Grow Business Partnership

Decision-Making Tools and Techniques

Group decision making

• Identify the decision to be made.

• Evaluate options and select the best one.

• Analyze the issue under discussion.

• Implement the solution.

• Establish criteria.

• Brainstorm potential solutions. 

• Monitor and evaluate the outcome.

Reasons for and against Government intervention

Analysing and Evaluating Government Intervention in Markets

Following are the some pints:

• To correct for market failures.
• The role of the government is to protect property rights.Uphold the rule of law and maintain the value of the currency.
• There are occasions when they fail  providing a case for intervention.
• 
  
• To improve the performance of the economy
• In a free market system  governments take the view that markets are best suited to allocating scarce resources.

Measuring the level of economic activity: GDP

Economic activity and objectives

• Define key economic concepts

• Aggregate supply factors affecting the achievement of each economic objective.

• The significance of, and relationship between, the economic objectives.

• The performance of the economy in terms of the objectives over the past decade.

• The criteria for assessing the performance of the economy.

Business Ethics Corporate Social Responsibility

Explain the Social Responsibility of Business

                  

The Communication Process

Team Roles

• The Shaper is a dynamic.

• Implementers get things done.

• The Completer.

• The Coordinator is often a calm.

• The Team Worker helps by giving support .

How to Manage Your Time Better

Warning signs that you need to improve your time management

                          


1. Comments From Others
2. More Cranky, More Often
3. ‘I’ll Do It Tomorrow’ Syndrome
4. Feeling Stressed
5. Missing Deadlines + Always Late