Master of Business Administration is the most prestigious degree in business education, which appeared in America in the early twentieth century and recognized today throughout the world. Features of the MBA is to focus on practical experience and coverage of the different areas of management. Theory in the General structure of the course is given a relatively small place – focus is on working with “real” situations (case-studies.
In addition to the standard MBA program of General management (General Management) in recent years widespread specialized MBA courses. Conventionally, they are divided into two groups: sectoral (e.g., banking, construction, oil and gas sector) and functional (Finance, marketing, logistics, etc.). Sectoral programs are mainly created under the orders of major companies. In Russia, in addition to General Management, there are also specialized programs in Finance, IT, logistics, marketing, HR. Of sectoral programs in the Russian market there are MBA with specialization in the field of real estate management, hotel and tourism business. In the West the emphasis is not on diversity programs and how the school has established itself in certain areas of study. “Western school can afford to maintain a serious state professors, leading research in many areas. Continue reading
Production planning is an integral part of enterprise management. It can be defined as the ability to anticipate the goals and the results of operations of the economic entity (enterprise) and determine the resources needed to achieve specific goals.
Any production plan must be built on the basis of a number of scientific principles. These principles understand the basic theoretical principles that guide the company, its employees in the planning process. They determine the direction and specific content of the planned work at the company.
The principle need of planning means widespread and mandatory use of when performing any type of work, since its absence is accompanied by incorrect manoeuvre; late change of orientation, which is the reason for the bad condition or failure of the business.
The principle of continuity is that, first, planning for the enterprise should be carried out continuously, without interruption, and, second, what plans should organically come to replace each other. In particular, medium-and long-term plans should be systematically reviewed and adjusted to take account of changed circumstances, and annual plans must be coherent, i.e. flow of medium-term plans. Continue reading
Small business located in the heart of the modern society, affects the lives of the entire population. Few sectors of the economy could function without his endless stream of products and services. And most importantly, its activity initiates inventive and innovative activities: studies show that the main ideas and inventions often come from small than from large enterprises. The creativity of small businesses will contribute to the dissemination of new products and services for consumers.
Of the 19 million businesses in the United States 99% can be attributed to small, i.e., each of them employ fewer than 500 people. About 600 thousand new enterprises are created every year, but half of them terminates its operation within 18 months. The main reason for the high rate of mortality is the ease with which inexperienced people can start new business.
Contrary to popular opinion, small business is thriving in the shadow of big business. One study shows that as a rule, small entities are more profitable than the large processing companies. Continue reading