A project is an activity or series of activities constrained by time, cost and specifications, aimed at achieving something unique which could be goods, services or both. Whether a project achieves the desired outcome will depend on a number of factors the biggest of them being how the project specification was designed. WHAT ARE PROJECT …
WHAT IS OPERATIONS MANAGEMENT? A Practical example An organization will either offer services or products to its potential customers. The trick is in knowing how to offer high-quality services and products because this way the organization can attract customers, builds trust with the customers, boosts their sales, and overall gain a competitive edge in the …
WHAT IS OPERATIONS MANAGEMENT? A Practical example Read More »
At times our negotiation mistakes are obvious. We accidentally let the other party know our bottom line, we criticize the other party when it would just make sense if one was patient or we could just end up mixing our numbers. Common negotiation mistakes tend not to be this obvious. What happens is that one …
How to negotiate salary offer during an interview or even after a job offer is made, is one of those things most people want to know as far as employment negotiations are concerned. In fact, for most people whenever one talks about negotiation in employment their minds go straight to compensation and benefits. Truth is …
HOW TO NEGOTIATE SALARY OFFER DURING JOB INTERVIEWS Read More »
Success in procurement management generally comes down to whether or not you have answers to the 5 rights of procurement. By procurement management am simply talking about a strategic approach to managing and optimizing organizational spend, remember you always need return on your investment. This process will involve among other things the acquisition of quality …
You have to understand your customers problems if you are going to have any shot at turning your idea into a profitable business. BUT just because you see a problem in the market doesn’t really mean that it is a genuine problem that can attract customers and in fact, have them pay for the solution. …
Are you wondering how to make your tender standout? Am assuming you have realized the benefits of winning a bid or tender and are motivated to make your bid count. Tenders are a viable way of growing your business. The issue is that they tend to be very competitive which is why you truly need …
WHAT ARE BIDS AND TENDERS Bids and Tenders are often used interchangeably for they mean the same thing. A tender or a bid is usually written or submitted in response to an earlier request put out by the buying organization looking for a supplier to provide certain goods or services. Typically, a buying organization will …
4 important benefits of winning bids and tenders Read More »
Internal suppliers are suppliers that are part of the same company as its customer. These suppliers provide the products or services that co-workers within the organization need in order to do their job. The internal suppliers are an “in house” suppliers. The choice to use an internal supplier is based on a corporate decision regarding …
Product liability fall under torts. The tort of product liability can be defined as a manufacturer’s or seller’s liability for any damages or injuries suffered by a buyer, user, or bystander as a result of a defective product. Products and services are becoming sophisticated, for instance, what used to pass for a mobile phone 10 …
PRODUCT LIABILITY here is how you sue or get sued Read More »
