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Scenario D. Ashok has begun the planning process for his entrepreneurial venture. He has completed an assessment of his vision to operate a full-service shuttle service for the elderly, for which he feels there is a strong market. He has a good understanding of the availability of his own resources and his personal traits to manage the business. Now he is prepared to start compiling functional plans for marketing, finance and human resources so that he can obtain the financing he will need to start. He is also contemplating how to develop the right reputation and create the proper networks to find employees and customers as well as get advice from fellow businesspeople.
-When Ashok worries about his network and his business's reputation,he is concerned with
Training Time
The amount of time dedicated to developing skills, knowledge, or competencies required for a specific task or job.
Personnel Utilization
The effective and efficient deployment of human resources within an organization to maximize productivity and achieve strategic goals.
Japanese Approach
A management philosophy often emphasizing teamwork, continuous improvement, and strong work ethic, influenced by cultural factors in Japan.
Job Design
The process of organizing tasks, duties, and responsibilities into a productive unit of work for achieving certain objectives.
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