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Posts Tagged ‘Shareholders’

Business management is one of the much appreciated jobs positions in the world. The manager is required to have a keen eye so that he makes sure that all the business in running smoothly and there are no stones on the way of success and no decrease in the amount of profit earned each year.

All organizations, including business has managers. They may not be called managers as different titles can be used such as leaders, directors, and head teachers and so on. A good business manager should have abilities to plan, organize, co-ordinate, command and control. In business management, the above mentioned abilities are used a lot. Some examples of these decisions are

o Should we open a new factory in the north or south of a country?

o What price should we charge for the new product?

o Do we buy the new machine even though this will involve job losses for some of our workers?

o Is expansion in another country going to be profitable?

In business management all the decisions are important so it is common to divide these decisions into three types

Strategic decisions are very important which can affect the overall success of the business. Tactical decisions are decisions which are taken more frequently and which are less important. Operational decisions are day-to-day decisions, which will be taken by a lower level of manager.

Taking decision is always a risk. Time, money and other resources will be used as a result of a decision. In business management, taking decisions is one of the toughest jobs. In a small business, such as a sole trader, the owner is the manager. This person will be taking risks with their own capital or savings. These people are referred to as true entrepreneurs or risk takers. If the decision goes wrong they could end up losing their own house and other assets. In a larger business such as a public limited company, the manager taking the decision in not risking his or her own capital but that of the shareholders. Although the manager is still taking risks, the cost of poor decisions will be felt differently. The manager may lose his or her job but it is the shareholders capital that is at stake.

These risks cannot be eliminated but can be reduced by following some simple steps. These steps are sometimes called the decision-making process.

o It is important to establish the objectives of the organization.

o Identify and analyze the problem to be solved.

o Collect data on all possible alternative solutions.

o The most important decision in business management is to make the final decision and put it into effect.

o Look back to see whether the right decision was made. This is called review and evaluation of the decision.

Each department has its own manager. Like the manager of the human resource project will be responsible for

o Forecasting staff needs

o Recruiting staff

o Preparing job descriptions

o Keeping staff records etc.

In business management it is the duty of the managers to look over the departments.

 

ROCKLAND, MA…

 

The Bureau’s recognition was largely based on DirectBuy of Boston South  going 10 consecutive years without a customer filing a complaint or issue with the Better Business Bureau. Companies considered for the Torch awards were also chosen on “their high standards of excellence towards customers, employees, suppliers, shareholders, and communities in which they do business, and their reputation of ethical practices in the marketplace.”

 

“Besides offering great products, we go to great lengths to make visiting our store a pleasant and enjoyable experience for the customer. If it’s not, we want to know about it,” said John Massaria, owner of DirectBuy of Boston South. “So while qualifying for the Local Torch awards is great, it’s even more satisfying to know that we’re delivering the kind of customer service that rates that kind of recognition.”

 

It’s not the first time DirectBuy of Boston South has been recognized by the Better Business Bureau. In 2007, DirectBuy of Boston South earned the Better Business Bureau’s 20-year achievement award for two decades of continuous membership and supporting the ethics and strong business practices endorsed by the Better Business Bureau.

 

One of 160+ franchise locations throughout North America, DirectBuy of Boston South makes buying direct from manufacturers easy to understand and easy to do.  Members enjoy the comfortable setting that feels like a country club when they shop direct from more than 700 brand name manufacturers and their authorized suppliers.  Every item at DirectBuy is top quality merchandise; never any factory seconds or leftovers. 

 

Located at 11A Commerce Road in Rockland, DirectBuy of Boston South’s showroom is open to members Tuesday through Thursday, 12 p.m. to 9 p.m., Friday 10 am. to 6 p.m. and Saturday 10 a.m. to 5 p.m. For more information, contact DirectBuy of Boston South at 781-878-8846 or visit directbuybostonsouth.com.

 

Consumers interested in becoming members may obtain a Visitor’s Pass to attend an Open House by contacting DirectBuy at 781-878-8846 or DirectBuy@USA.com.  To learn more about the superior value and benefits of a DirectBuy membership, visit www.DirectBuy.com or DirectBuyCares.com.

 

About DirectBuy

Since 1971, DirectBuy has helped hundreds of thousands of families enjoy a better quality of life, enabling them to buy directly from over 700 manufacturers and their authorized suppliers. Buying direct allows members to make their hard-earned money go much further, while having the selection and choice not available at any retail store. DirectBuy of Boston South has been serving the South Shore since 1986 and prides itself in providing excellent member service. Access to confidential prices, local suppliers and unparalleled selection helps make members’ dream projects a reality.  It’s a comfortable, country-club setting, where you finally have the financial control of buying direct.  DirectBuy of Boston South is one of the largest DirectBuy showrooms in New England, and part of 160+ franchise locations throughout North America.

 

Consumers interested in becoming members may obtain a Visitor’s Pass to attend an Open House by contacting DirectBuy of Boston South at 781-878-8846 or directbuyusa.com  To learn more about the superior value and benefits of a DirectBuy membership, visit directbuybostonsouth.com.