DEFINITION OF MANAGEMENT

The art and science of

  successfully pursuing

  desired results with the

  resources available

  to the organization...

MANAGER

The person who provides the organization with leadership and who acts as a catalyst for change

qResponsible for the management of organization

qAccept responsibility of change

qProvide leadership

qMake things happen

Business Managers

qManagers must efficiently combine human, financial, and physical assets to maximize
long run profits by satisfying the firm’s
customers’ demands

q

qMajority of business failures are due to poor management

Managers must be:

qTechnologically knowledgeable about products and services

qGood and effective communicators

qAble to motivate people

qProficient in management technical skills such as accounting, finance, and forecasting

q

In Addition

qStrong understanding of ecological and institutional factors related to business

qAble to respond to changes in marketing conditions, weather conditions, government policies and technology

Managers must be able to mix each of these skills and perspectives in the right proportion to deliver the greatest long run net benefits for the firm

Four Key Tasks of Agribusiness Managers

1.Planning

2.Organizing

3.Directing

4.Controlling

The Wheel of Management

Planning

Forward thinking about the courses of action based on the full understanding of all factors involved and directed at specific goals and performance objectives

Planning

•First component of management process

•Planning gives direction

•Forces managers to be future-oriented

•Enables the organisation to deal with changes in the business environment

•Two components of planning

oGoals

oPlans

The benefits of planning

•Planning provides direction

•Planning reduces the impact of change

•Planning promotes co-ordination

•Planning ensures cohesion

•Planning facilitates control

Ò 

Ksi k pass Agribusiness ka 3rd lecture ha to plzzzzzzzzzzz send kr dy..............

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Situation Analysis

Strengths
•Strong Brand position
•Successful Item
•Quality Product
Low franchise start up cost

Weakness
•weak revenue growth
•Service delivery is inconsistent from store to store

Opportunities

•Expand package offer

•Revise & refresh menu

•Expand service line

Threates

•High competition

•New competitors

•Growing health

•Increased sales tax

Ksi k Pass MIS ka aj ka lecture ha to plzzzzzzzzzz send kr DAY

BUSINESS COMMUNICATION Learning concerning communication Skills during the course BM-708 &describe future plan regarding communication skill Express ideas clearly & explicitly In my business class I have learned every concept &idea clearly. Explained there is confusion regarding clarion of concept. In class one concept & idea explained by giving different examples.  Gain & keep attention: In my business communication I gained much more just because of paying much attention while teacher delivering lecture.  Be well organized & prepared: In my class of business communication I have learned always be prepared & well organized about any lecture & presentation. I have also learned always keep our ideas and concepts organized.  Leadership development: Trough receiving lectures of business communication the major skill that I have attained is leadership. This helps me in my different daily tasks.  Clear explanation: Now I can explain my point of views & different concepts clearly. Because clear explanation is very much important thing for the positive & desired feedback.  Use visual aids effectively: In my communication I see there is effective use of visual aids. There is wise use of projector& everything displayed on project effectively. We can easily notice visual aid improve memory it also increase speaker creditability. In business communication class I have learned about nonverbal communication which are discussing below: GESTURES: When you present a speech, you send two kinds of messages to your audience. While your voice transmits a verbal message, a vast amount of information is being visually conveyed by your appearance, your manner, and your physical behavior. Research shows that more than half of all human communication takes place nonverbally. When you speak before a group, your listeners base their judgment of you and your message on what they see as well as upon what they hear. And now I have control on my gestures up to an extent & can judge other’s gestures. POSTURE: How you position your body when you communicates its own set of visual messages to an audience. More than anything, it reflects your attitude, telling your listeners whether you’re confident, alert, and in command of yourself and the speaking situation. Good speaking posture has other benefits to a speaker. It helps you to breathe properly and project your voice effectively. It also provides a good starting point from which to gesture or move your body in any direction. I can understand now others postures. BODY MOVEMENT: Body movement – changing your position or location during a speech – is the broadest, most highly visible kind of physical action you, as a speaker, can perform. Because of this, it can be either a tremendous asset or a tremendous liability to your delivery system. When you move your entire body in a controlled, purposeful manner during a speech, you can benefit in three ways. FACIAL EXPRESSIONS: An impassive expression may be an asset to a good poker player, but to a speaker it is a barrier to effective communication. People watch a speaker’s face during a pre¬sentation. Politeness, of course, is one reason for this, but equally important is the need to obtain visual data that will make the speaker’s message more meaningful. EYE CONTACT: Now I have a good eye contact to my audience during any meeting, conference, or presentation because it is much more important. Future Plan • Use of communication skills • Always be well organized & prepared • Use to improve my business • Use in clear explanation of my point of view & ideas

Mission Statement.

                                             To satisfied the need of targeted consumer and customers through providing great deal of quality and design.

Vision Statement.

                                                  Low price of watches for getting new customers and win their believes and providing them proper value.

Scope of the Company.

                                  We are going to providing watches to the people by looking or considering the demand of the product. We select watches by looking at the fashion of today era. People are wearing watches according to the trend through foresight thinking the company came to know the demand of watches. He is going to increase day by day. New generation is aggressively buying watches. That is why company is going to invest in this business.

 Four P’s.

                Following are the four P’s about the product.

1= Product

v Design.

People preferred the unique design and innovative technology.

v Features.

An open transparent view of watch machinery system.

v Quality.

The consumer demand best quality of product.

2= Price

v Price

Price would be reasonable. So that every person can purchase it easily.

v Discount

Discount also allowed to the customer and the consumer to increase our sale.

v Credit Facility

Credit facility also provide to the customer and the consumer to increase our sale.

v Payment on Delivery

In the case of online sale received the payment on delivery.

3=Place

                Find reasonable place where find the customer and get the watch easily.

4=Promotiontise

                  Following steps are used to promotion our business and the product.

Ø Advertisement

We should advertise our product to increase our sale.

Following channel can be used to advertise our product.

       I.            TV

     II.            Facebook

  III.            Social Media

  IV.            Chart board

    V.            Newspaper

Ø Home Delivery

We should provide the home delivery facility to our customer to increase our sale.

Ø Online

Online facility should be provide to our customer to increase our sale. It is best for those people who are interest  in online shoping.