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Management strategies are roadmaps that help you navigate the complex and often opaque waters of management. They can provide you with a clear path to follow, whether you’re moving toward specific goals (like increasing a customer base) or attempting to anticipate future challenges. Management strategy is a set of well-defined policies for accomplishing organizational goals. …
When addressing an envelope to a PO Box: 1. The recipient’s name should be on the front, centered on the envelope. Write the name on the first line, then write the PO Box number on the next line. If you are writing to an entity or a company, write the name directly after the recipient’s …
An index number is a comparative measure of the value of a market or a commodity in regard to a base period. It’s a fixed number that indicates how much one currency is worth in terms of another currency, or how much something costs relative to its price at an earlier date. Index numbers allow …
An electrical contract is a legally binding agreement that establishes the terms and conditions for providing electrical services and serves as a legal document in case of problems or lawsuits that may occur during the project. An electrical contract includes a description of the project for which the electrician has been hired, as well as …
A filing classification system is a collection of files that organizes information used in an organization. It helps create an easy-to-find yet protective environment for the information held within these files. The filing classification system provides a systematic way to group records so they can be retrieved when needed. It is a systematic approach to …
The main difference between interdepartmental and intradepartmental is the prefix “inter,” which means between, and “intra,” which means within. Departments, in this case, basically mean divisional workplace units within an organization. What does interdepartmental mean? Interdepartmental is a word used to describe collaboration or cooperation between two or more departments or members of an organization. …
Attention getters for speeches are great to catch and engage your audience’s attention. Your target as a speaker must be to captivate and maintain your audience’s attention right from the start as quickly as you can. Interesting speech attention grabbers are words that can actually grab your listeners’ hearts and minds into paying attention to …
Sales and cost are two important factors that determine the profitability of a business. The difference between the cost of goods and the total sales is the basis for calculating the total net income margin. The first thing to calculate when determining margin is total revenue, which you can find in your income statement. It’s …
A corporate office is the central hub of a corporation. Also known as head office, it’s the principal location where key decisions are made. The corporate office is where the top decision-makers of the company maintain their offices, including the CEO and other executives of the company. Corporate offices are places where business gets done. …