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
A reasoned choice of a niche for business – Foundation to successful entrepreneurship. How to lay the Foundation with a minimum of risk and which market trends to follow.
Search for the perfect niche.
You understand correctly: the search for niches for business is an extremely complex stage because of the abundance of options. At the same time rich in variation expands the boundaries of possibilities. Luck in this case plays the most important role, but the care, sensitivity and intuition will become a lifeline in a turbulent sea of market trends.
In 2017 to wait for help from the state is not necessary in connection with numerous political events in 2014-2016 the Tax system has become more complicated due to the emergence of new taxes and strengthening existing ones. The tax burden eliminates good projects, must be re-evaluated when choosing a niche.
Economic sanctions also have an impact on the niche approach of the enterprises, on the one hand, setting limits, on the other hand, opening up new niches for business, the development of which in the Russian Federation earlier would not bring profit. Continue reading