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Basic fundamentals of business administration

Anonim

At this time, there was the primitive division of labor. Epoch originated by the different capacities of the sexes and the primitive ages of the individual members of society.

basic-foundations-of-administration

It was characterized by the appearance of agriculture and life

Sedentary period. The division of labor by age and sex prevailed.

Agricultural Patriarchal social organization was emphasized.

By studying the internal workings of successful companies and market leaders, it is concluded that all of them have a Strategy

Business based on four essential foundations:

Values, Mission, Vision and Value Proposition.

Business values

Business Values ​​represent the shared core beliefs that govern individual and group behavior in any organization. They define the way things have to be done and, consequently, form the basis of strategic objectives.

Business mission

The organization's business mission defines its reason for being. Describe what the business is about and affirm its added value. It not only communicates the purpose of the organization but also aligns with its Core Business Values.

Business Vision

The business vision of an organization is built on its Business Values ​​and is an extension of its Business Mission. It must include a clear deadline and act as a signal on the road to achieving the business mission.

Value proposal

It is the set of benefits that will be given to the Client. It is the great promise by which an organization's customers recognize it from its competitors. The key to the success of a value proposition is knowing the target customer and the value propositions of the competitors.

TOPIC: CULTURE ORGANIZATION

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Basic fundamentals of business administration