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MGT153 Introduction To Business UITM Assignment  Answers Malaysia

The MGT153 Introduction To Business course is designed to give students an overview of the business world. The course covers topics such as management, marketing, finance, and accounting. The course also includes a business simulation, which gives students the opportunity to apply what they have learned in the classroom to a real-world business scenario. By the end of the course, students will have a better understanding of how businesses operate and what goes into running a successful business.

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Assignment Task 1: Apply business concepts and practices across interdisciplinary business functions.

When working in the field of business, it is essential to have a varied set of skills and knowledge in a range of different business functions. Whether you are a marketing professional, an operations specialist, or a financial manager, having knowledge of concepts and practices from across the various business disciplines will allow you to collaborate effectively with others and identify synergies that can boost productivity and drive success. Some key business functions include strategy development, marketing research, product creation, customer relationship management, supply chain planning, financial forecasting, and human resource management.

In order to best apply these concepts and practices in your work environment, it is necessary to develop strong analytical skills as well as excellent communication abilities. By understanding how each interdependent piece contributes to the bigger picture of organizational achievement, you can play an instrumental role in driving real-world impact for companies across industries and sectors.

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Assignment Task 2: Analyze problem and solution in business management.

In the world of business management, one of the most important skills is the ability to identify problems and effectively address them. This may involve investigating a wide range of factors, such as revenue fluctuations, employee dissatisfaction, or compliance issues.

Once the problem has been identified, it is then necessary to develop an effective solution that can bring about real change. Perhaps one of the most common strategies for addressing business problems is through improved communication, whether this involves better training for employees or more frequent meetings with clients.

Another important tool for addressing business problems is establishing performance metrics, such as through the use of KPIs or other key performance indicators. While these methods are certainly not always enough on their own to solve complex business challenges, they can be valuable tools for helping managers and employees to achieve success. Ultimately, a successful business manager must be able to think critically and act decisively when presented with an issue in order to produce tangible results.

Assignment Task 3: Demonstrate communication skills in written /oral through group work related to business management.

In business management, communication skills are essential in order to lead a team effectively and achieve success. Good communication enables managers to give clear instructions, provide feedback, and resolve conflicts. It also helps managers to build trust with their employees and create a positive work environment.

There are a variety of different ways to improve communication skills, but one of the most effective is through group work. Working in groups allows managers to practice giving clear instructions and receiving feedback. It also provides an opportunity to resolve any communication issues that may arise.

Through group work, managers will be able to develop the communication skills needed to lead a successful team. By working together, they will be able to build trust and create a positive work environment. Ultimately, this will enable them to achieve success in business management.

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