CIRCLE OF BUSINESS

Difference Between Leader and Manager

Difference Between Roles and Characteristics of Leader and Manager

In business world managers and leaders are considered the same but in practice, their functions are different from each other. Managers set vision; mission and objective for any organization and leaders communicate the vision, mission, and objectives with the employees (Bisen and Srivastava, 2009). The main function of the leaders is to communicate the organizational visions and objectives with the employees. The role and characteristics of leaders and managers are different and they are given as follows:

Difference Between Leader and Manager

Leaders	Managers
Leaders will focus on objectives that are developed by managers.	Managers will develop business objectives for the organization.
A leader interacts with the employees.	A manager interacts

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Ratio Analysis of Huntsworth Plc

Huntsworth is an open restricted organization headquartered in London and recorded on the London Stock Exchange. In this article, you will get the Ratio Analysis of Huntsworth Plc. Huntsworth is a social insurance correspondence and advertising bunch working from 62 vital workplaces in 29 nations giving administrations to 1, 870 customers. The gathering works in the shopper, monetary, open issues, coordinated medicinal services, and innovation parts and includes four divisions being Huntsworth Health, Grayling, Citigate, and Red. Huntsworth plc works as a human services correspondences and advertising organization in the United States, United Kingdom, rest of Europe, Asia, and the Middle East and Africa. It works through four divisions: Huntsworth Health, Red Consultancy, Grayling, and Citigate Dewe Rogerson (CDR).…

Analyze the Reasons for Human Resources Planning for Harrods

The human resource planning process is very important for Harrods. Analyze the reason for human resource planning would help to determine the employee recruitment process for Harrods. As it is the largest and promising retailer luxury products shop in the UK. The planning process of Harrods beings with a combination of organizational strategies and objectives to achieve a goal within the targeted time. They need to maintain a competitive position in the UK market. As UK consumers are very dynamic and unique they always keep searching for better and standard quality service. For providing better products with standard quality Harrods need a skilled and expert human resource they also search for …

Factors Affecting Operation Management

There are some factors affecting the operation management and decision making of managers and leaders of Marks and Spencer Ltd. which are discussed as follow:

7 Factors Affecting Operation Management

Global Competition

Global competition is an important factor that is affecting the operation management and decision making of the Marks and Spencer Ltd. As a multinational retailer, they have so many varieties of clothing options offered for their respective customers but other competitions worldwide affecting the customer base of the organization (BARRACLOUGH, 2016). Without the online shop, they need to focus on the Asian market to grab more customers and attract them to compete globally.

Material and Capital Security

Raw materials and capital are the most crucial ingredients of operation …

Importance and Value of Operations Management

Operations management is a very crucial subject for business operations to maintain properly. The importance and value of the operations management in achieving the business objectives are described as follows in the analysis of the organization Marks and Spencer Ltd.

Importance and Value of Operations Management

There is a total of eleven importance of operations management

Production Efficiency

Production is the prime area of cost minimization for any company. By the proper cost calculation marks and spencer can avoid the high costing and ensure the production efficiency of their product.

Profit Maximization

The main goal of any business is profit maximization and the goal can be fulfilled by maximum sales to the customers and efficient operation management. Marks and Spencer …

Understand The Impact of Changes in Economic Environment on Business

The Effects, of Changes in the Economic Environment: Economic changes have a significant impact on business organizations. It is a process of creating wealth in the country and maintains them properly without any damage or wastage. Economic environment analysis is very important for the organization to ensure its future prosperity, growth, and sustainability (Anon, 2017). The factors of the economic environment can influence business in global and national sectors which will describe more descriptively for the selected organization.

McDonald’s UK has faced various changes for economic environment change and struggles a lot to ensure its business sustainability and profitability. Those changes and effects are described below:

Inflation

Inflation is known …