Types Of Meetings With Different Organisations - 1461 Words

A meeting is an assembly of people for a particular purpose, especially for formal discussing. Types of meetings with naturally vary between different organisations. Workplace meetings are an important element of business management. Meetings enable you and your employees to communicate and share information, resolve disputes, or solve problems, improve performance, build teamwork, and move projects forward. Workplace meetings can be formal or informal, and the number of participants can range from two to several hundred, depending on the size of your company. Your suppliers, customers and business partners may also participate in workplace meetings if your company has a policy collaboration. There are various types of meetings. Meetings†¦show more content†¦Primarily, prepare a checklist for the meeting. Plan the meeting together with the chairperson and all the attendees, including the type of meeting, it’s purpose, the budget available, the number of attendees, the venue, and other basic details. The main types of travel would be by car, the business person may be driving him or herself, or they may have a chauffeur, or another colleague may drive them. They may use a taxi, and then continue by train, coach, boat, or airplane. Their travel on the airplane, boat, or train may be business, or first class. It could include meals and drinks, or there could be extras that need to be paid by the passenger. Whereas sometimes the company automatically pays the expenses, or later when the expenses have been submitted, they are refunded. Depending on the status of the business person, and how rich the company I, he may be piloted by a private jet, or helicopter. In regards to accommodation, it can range from a bed and breakfast hotel, to luxury hotels and apartments. Food may be included, such as breakfast, or dinner, and if necessary lunch. Some hotels will provide lunches for business people if requested. Some businesses have their own accommodation, they may own corporate properties used for business people from their company that need an apartment or house for a few days. The procedures that should be followed are to make sure that the business person is based near toShow MoreRelatedUnit Two: Principles of Providing Administrative Services Essay1628 Words   |  7 Pages1. Explain the purpose of correctly receiving, checking and sorting mail and packages (both incoming and outgoing). Professional handling of mails is vital within an organisation since it is widely used for transfer of equipment and material in the business. Improper handling of mails could result in loss of business / customers / suppliers and economic losses. 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What is commissioning, differencesRead MoreAdvantages And Advantages Of Ict1055 Words   |  5 Pageshaving a separate level of software, which is supposed to divide the tasks into several parts and locate them into several computers. It ususally concernes in a large number of computers which are in different organisations connected into as virtual organisations. The advantage of this type of organisations are recognised in improving efficiency by truly small alterations. 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Reformation of the 16th Century Free Essays

string(86) " Charles Vs effort to bring combat and war to disintegrate Lutheranism was a failure\." The Protestant Reformation ignited a religious reform movement that separated the western Christian church into Catholic and Protestant groups. Martin Luther embarked on a Journey to start the religious reform movement; there were other developments before him that set a foundation for a religious alteration in the sixteenth century. The Protestant Reformation allowed for Protestantism to flourish throughout Europe, united the Roman Catholic Church with Christian denominations, enabled people to develop independent thinking and creative, fostered etermination in people to attain religious and political freedom, and allowed for Christianity to evolve permanently throughout history. We will write a custom essay sample on Reformation of the 16th Century or any similar topic only for you Order Now Johannes Gutenberg of Mainz helped produce the development of printing from a moving type. In Europe there were thousands of printers that published religious books like the Bible, sermons, Latin and Greek classics, legal handbooks, and works on philosophy. This type of development manifested an â€Å"immediate impact on European intellectual life and thought† (Duiker 429). This kind of invention fostered creative thinking and determination in people to study scholarly resources. Printing allowed the European civilization to disperse new religious ideals. This communication throughout Europe played a major role in enabling people to acquire newfound knowledge and formulate beliefs of their own. Many historians state that Desiderius Erasmus â€Å"laid the egg that Luther hatched† (History 1). Erasmus was an influential Christian humanist. Christian humanism or northern Renaissance humanism combined the ideas of the classical Italian Renaissance with the ideas of early Christianity. According to Christian humanism, a society must alter the human beings that compose it. They strongly believed that people are smart enough to formulate their own ideals and beliefs. They did no have to solely depend on an irrational religion for happiness and salvation. Erasmus was most influential in teaching that religion should be a philosophy for a direction of life, not a source of arbitrary practices and rituals, which is what medieval religion emphasized. Erasmus also placed an emphasis on teaching the philosophy of Jesus Christ. Erasmus did not approve of the abuse of power of inside the church. The opposition towards a dogmatic religion encouraged the Christian and northern Renaissance humanists to stand against the orruption of the Catholic Church; they gave mankind hope and encouragement to believe in themselves, and to fight for freedom of religion. Another factor that influenced people to start a reform was the corruption of the Catholic Church. The all-powerful Roman Catholic Church labeled any non-believer as a heretic; punishment included being burned at stake. The Catholic Church’s power was assembled over centuries, and depended on the lack of religious education and unawareness of people. People’s primary motivation of believing in the Catholic Church came from the belief of salvation to heaven though the Catholic Church. Any other belief was disregarded. The realization that many popes were not committing to the needs of the church and people outraged many people in Europe. Many popes’ interests were not focused on the spiritual uprising of religion, but worldly interests like power and wealth The process ot salvation was becoming a traud. This ignited hate and bitterness towards the Catholic Church and stimulated the idea for change and reform. The Catholic Church strongly emphasized that good works and strong faith were the gateway for personal salvation. Martin Luther had a strong opposition o that idea, even as a monk and professor at the University of Wittenberg. Through personal study and dedication to religion he discovered that no weak and powerless human being could do enough good works to achieve salvation. He believed that through a powerful faith and the sacrifice of Jesus Christ, that alone was enough for people to achieve salvation. Justification by Faith† (PBS 1) became the primary belief of the Protestant Reformation. Luther’s repulsion of Catholic Church teachings enabled him to create the Ninety-Five Theses, which opposed the sale of indulgences and revolted against clerical abuses. According to many historians this was the beginning of the Protestant Reformation. The Ninety-Five Theses w ere quickly created and disseminated throughout Germany. Luther encouraged German royalty to overthrow the idea of salvation though the Catholic Church. His idea of salvation through faith alone was widespread and becoming acceptable to many people. The Roman Catholic Church was outraged and did not accept his view of salvation. The Catholic Church believed that he was to be excommunicated from the church in 1512. When Luther was summoned to appear to the Holy Roman Empire and to â€Å"recant the heresies† (Duiker 431). He responded by rebuffing and making a statement that â€Å"became the battle cry of the Reformation† (Duiker 431). This angered the members of Reichstag, who ordered Luther to be detained. Luckily for him, Fredrick of Saxony protected him. A revolution was manifested upon Luther’s religious ideals; this revolution changed the European Civilization forever. Luther’s popularity fostered from hatred and dissatisfaction with the greed of wealth power, corruption and dogmatic ideals of the Roman Catholic Church. The marriage between Luther and Katherina von Bora demolished the idea of clerical celibacy; his marriage ighlighted the life of a Protestant minister with a family. German rulers strongly supported Luther; they quickly acquired control and supervision of the German churches. Luther emphasized that the churches focus on the preaching the Word of God and Bible study. In Luther’s eyes in was necessary to abolish Catholic Mass and gravitate towards new religious services. All of these changes highlight the metamorphosis that Christianity was experiencing. People who believed and promoted these new ideals were complacent with a new religious experience. In 1 519, Charles V ruled a vast empire, composed of Austrian lands, part of Italy, Spain, nd other territories. Though election he was granted the Holy Roman Empire title. His idea was to â€Å"preserve the unity of his empire in the Catholic faith†(Duiker 432). By this time, Germany detached it self from the idea of imperial ruling; this disintegrated any loyalty to the Holy Roman Empire. In 1546, Lutheranism was the prominent belief and practice throughout Germany. Charles Vs effort to bring combat and war to disintegrate Lutheranism was a failure. You read "Reformation of the 16th Century" in category "Papers" This failure encouraged Charles V to create the Peace of Augsburg, which granted freedom to German states to choose between Catholicism and Lutheranism. The expeditious spread of Lutheranism and Protestant beliefs reassured that Christian unity was no longer a possibility. Switzerland had a prominent role in the Protestant Reformation. The revolution sparked upon Ulrich Zwingli. Zwingli ignited religious changes in member states of the federal states of Switzerland and the city of Zurich. Evangelical reforms took over these areas. For example, Mass was replaced by services that promoted biblical study and prayer, relics were destroyed, and pope’s authority was no longer accepted. His primary source of support came from the people of Zurich and the agistrate, known as Mark Reust. Zwingli created an alliance with the German rulers, and Martin Luther. In 1513, rage and dissatisfaction festered between Catholic states and the Swiss Protestants. This created a war that led to Zwingli’s death, his responsibility and loyalty to manifest change in Switzerland was handed down to John Calvin. John Calvin was a practical theologian who organized the Protestant reform. His conversion to Protestantism led him to escape his native France to Switzerland. His beliefs coincided very closely with Luther’s beliefs. A unique belief that he promoted was the idea of predestination. Predestination was a belief that â€Å"God predestined some people to be saved, and the others to be damned, both who He would admit to salvation, and whom He would condemn to destruction† (PBS 1). Calvin also emphasized absolute sovereignty of God; he called it the â€Å"power, grace, and glory of God†(PBS 1). His reputation and credibility arose from his publication of the Institutes of the Christian Religion, an integration of Protestant beliefs and stands. In 1536, he expanded his revolutionary Protestant reform to the city of Geneva. Calvin created The Consistory, a governing body that attested to moral virtue nd discipline, and enabled a systematic way of including clergy and laymen in church service. The success that was fostered upon Geneva, allowed for missionaries to travel throughout Europe and infiltrate all of Europe with Protestantism. The city of Geneva stood as a Protestant citadel that gave success to the religious reform. The Anabaptists were radical promoters of the Protestant faith, who also played a pivotal role in the reformation. Their concern was to return to practice and religion of early Christianity, they emphasized equality in all believers. Separation of Church and State was something they strongly advocated. They did not see any benefit of the government dictating the Jurisdiction of religion. The Anabaptists opposed the idea of baptism in infants. Magisterial Protestants and Roman Catholics grew hostility and hatred towards the Anabaptists because of that belief. That is why they were heavily persecuted in the sixteenth century. The English Reformation played a pivotal part in the Protestant reformation. King Henry the VII was seen as selfish glutton. Surprisingly his strong desire to divorce Catherine of Aragon, his first wife made the English Reformation a more political than religious cause. The pope refused to grant Henry VII’s request to divorce Catherine of Aragon for Anne Boleyn. His attention then focused on the archbishop of Canterbury, head of the highest court in England. The archbishop condoned a divorce and annulled King Henry VII’s first marriage. Soon after Anne became queen she had a child, whom was a girl. This infuriated King Henry VII because he did not have a son to inherit his throne. This anger encouraged Henry VII to promote separation of the Church of England with Rome. This was known as the Act of Supremacy in 1534, it declared that the King was in complete control of the doctrine and Church of England. During Henry VII’s reign, Archbishop Cranmer attempted to reform the administrative and religious ruling. Shortly after this, Henry VII died and left his ruling to his underage son. Cranmer took advantage of this situation by directing the Church ot England in a Protestant direction. T manifested new Protestant services and ideals in the Church of England. Mary a Catholic succeeded Edward VI. Her nickname â€Å"Bloody Mary’ was no understatement. Her primary concern was for the Church of England to return to Catholicism; she murdered more than 300 heretics who opposed Catholicism. Ironically, her actions ed for England to become more Protestant than ever before. By the mid-sixteenth century, the Roman Catholic Church no longer dominated Europe. Protestantism was infiltrating all of Europe and becoming more dominating and accepted. Due to this nature, the Catholic Church underwent a reformation of its own known as the Catholic Reformation. The Catholic is divided in to three parts known as the Jesuits, a reformed papacy, and the Council of Trent. Ignatius of Loyola, Spanish noblemen, founded the Society of Jesus. This society accepted the directing of the pope and promoted the principals of obedience to the papacy, and hierarchical ruling of ociety and civilization. They fostered missionaries to explore Asian countries to convert people to Catholicism The reformed papacy was another aspect of the Catholic Reformation. Pope Paul Ill took the initiative to create a reform to team to hold Catholic Church’s accountable and enforce discipline. Through this he was able to create the Council of Trent and gave recognition to the Society of Jesus. In 1545, church officials gathered in the city of Trent started the Council of Trent. This Council of Trent met continuously though three different sessions in the sixteenth century. Their ideas coalesced and they came to the conclusion that the â€Å"selling of indulgences was prohibited, both faith and good works were required for salvation, and only the church could interpret scripture† (Duiker 438). This manifested one doctrine and religion under the Roman Catholic Church. The Protestant Reformation had significant impacts in the foundation of our world nations. This impact allowed for the re-establishment of political and religious views throughout the European civilization, challenged the authority of the Catholic popes, and led to modern concepts of democracy. This reformation is key to understanding how religion has laced an importance in the foundation and building of every nation in our world. The fight for equality and freedom will always be an obstacle throughout history; understanding the struggle, rebellion, and motivation to fght that many people faced in reformation, allows for our world to become educated and motivated to strive towards a better world. How to cite Reformation of the 16th Century, Papers

Concept of Corporate Planning Complementary Growth

Question: Describe about the concept of corporate planning and growth are complementary to each other. Answer: Introduction The concept of corporate planning and growth are complementary to each other. These are the prime concerns of a company and often are associated with a series of methodologies and strategies required for the successful execution of a business model. These concepts when developed and implemented properly can enhance the performance and productivity of a company, and also help the company in generating profits in near future (Abadi Nematizadeh, 2012). Problem Statement The business type matters a lot when it comes to frame the organizational growth structure. The performance of an organization depends heavily on the strategies opted for its functioning, which requires thorough planning and is governed by factors like the structure of the organization, its activity and the objective of the organization. Corporate planning requires a dynamic approach therefore; it largely depends on inclusions, modifications and inclinations towards changes as per the circumstances (AMSDEN HIKINO, 2014). Corporate planning process is a continual process and a single change might alter the entire infrastructure of the organization. Business models and the overall organizational structure rely heavily on corporate planning and thus, it is considered to be a crucial activity in the development of a business. Research objectives/questions The primary aim of this research is to comprehend the complex nature of corporate planning and the catalytic effect it has on the growth of the organization. The objectives of this research are focused to determine the interrelationship between the aspects of corporate planning and the effect it has in the organizational growth by means of assessing various methodologies, which assure a positive impact on the growth and further development of the organization (Aspara, Lamberg, Laukia, Tikkanen, 2013). Furthermore, the objective of the research is to answer the following questions: What is the importance of corporate planning? How corporate planning is associated with the growth of Company? What are the essential methodologies or activities the company requires to incorporate in its corporate planning in order to make it growth oriented? Is the financial plan or budget or the expenditure estimation logical? Justification of the Project The purpose of this research was to observe the essentiality, nature and scope of corporate planning on the growth and development of an organization. This study report will ensure the fundamental requirements of methodological performances of corporate planning and its significance in organizational growth. Revelations from this short highlighted study will make individual worth enough to occupy knowledge and advantages that manipulate organizational development. There are several parameters involved in the development of an organization which is strictly considered in corporate planning such as cost, location, market, consumers, technology, globalization etc. Furthermore, an in-depth analysis has been included and segregated into segments that will help in understanding the various stages and elements of corporate planning and the effect corporate planning has on the growth and development of the organization. Expected research output/outcome As per the observations made on the business type the following outcomes can be expected: Prospects of the company on managing its administrative affairs. Strategies for the organization to follow as to bring out maximum utilization of its resources. Recommendations on products and their commercialization. Recommending ways through which the company might make use of its database. Recommendations on incorporating special teams to carry out the operations. Recommendations on Communication systems. Recommendations on Operational jobs and recruitment. The entire research will be based on hypothetical statements inclining towards a Corporate Plan in general an organization requires. This corporate plan proposal rests its base upon analysis performed on various Industries will help the organization in understanding the various features and methodologies that affect a corporate plan and aid them in planning accordingly. Conceptual Framework and Research Hypothesis When it comes to corporate planning it is very essential to have a very clear conceptual for the firm for the firm. Having a vision for the future and where the management sees the organization in the years to come is necessary to evaluate before commencing. Since, it is necessary to have a goal having a clear conception on the things that are required to achieve the set goal is essential. Having a clear conception will lead the management to decide on the goal first, and then they will be able to plan the necessary objectives that will lead them towards the goal upon accomplishment. For instance, if the company the company has incorporated an overseas business venture in its corporate planning then it means that the company has a vision of expanding their business prospects in the overseas market. This is the chief necessity of having a vision set prior to starting a corporate plan. This vision for corporate planning might include the following: Corporate level planning: this phase requires a planning the resource allocation, drafting of strategic and corporate objectives, the domain in which the organization is about to operate, distinguishing the market patterns worldwide. Concern planning: planning for the exclusive needs of the consumers, and the technology that will be required. Resource planning: largely concerns about the allocation of resources in the various production segment. Unit planning: planning the management of the; internal business units, competitors, external markets, and cost structure. Product planning: this involves planning of product, its types, services, sales, and price. Methodologies There are various levels of corporate planning that relies on the business diversity of any organization, its basic structure and the interrelationship that structure and strategy share. In this section a few of these methodologies are presented: Revising the business plan: The organization does not need to be a leading corporate body in order to revise the business strategies they have opted for the growth of their organization. As a matter of fact, the modest the organization is in regards as a business; the easier it is for them to alter their business plans and strategies from time to time (Bhambri Sinatra, 2007). Organizations should from time to time assess and review their business plans which includes the acknowledging the weaknesses that the company has in its infrastructure, evaluating the potency of the organization and the market plans the organization has devised with the aim to promote their entrepreneurial endeavors. For instance, if the organization is primarily focusing on sales, they should evaluate the cost and the efficacy the products will have if the products are promoted online. In addition if the company is involved in online sales then they should give direct marketing a try. These decisions can only be made if the organization revises its business plans from time to time (Bowman, 2008). This will not only help the said organization to evaluate and assess the current infrastructure of the company but also will help develop a better framework for their subsequent plans. Incorporation and development of new products and services: Products and services that the organization is dealing with need to be assessed from time to time. Consumers at present are more whimsical than the before, their tastes and preferences tend to change with each passing days. Furthermore, with the globalization in the market worldwide, new products from various companies are coming into contact. Consumers these days have more choices especially when it comes to purchase a certain product or avail a certain services (Burack, 2006). Therefore, the company looking forward to incorporate a corporate plan oriented towards the growth and development of the organization does definitely require keeping a track on their products and services. This will help the business in staying in touch with the market demands and the way the products of other company are faring (Clarke Yuxing, 2008). Making an assessment of these would help them in deciding whether to incorporate new products and services for the consumers, if yes, then they would certainly have a perception on the type of product they will creating. In addition, they will also have this perception on whether the product will be a success in the market or not. Assessing existing database: It is unwise to assume that the current database is not required in a new corporate plan. It does not matter whether the previous corporate plans and strategy were fruitless or not. Previous databases help in acknowledging the previous mistakes and ensure that the same mistakes are not repeated in planning the new strategies. Furthermore, there might few things in this database which might be useful with a few alterations and amendments made to it (Colley, 2007). If the organization primarily focuses on the sales of its products and services then they should review their existing customer database. This will require them to get in touch with their customers and this in return would help them broaden their perspective on the market demands. Customers are valuable and cost effective source of obtaining vision for corporate planning, especially in businesses where sales of products and services are rudimentary activities. Vision for the firm: When it comes to corporate planning it is very essential to have a very clear vision for the firm. Having a vision for the future and where the management sees the organization in the years to is necessary to evaluate before commencing. Since, it is necessary to have a goal having a clear conception on the things that are required to achieve the set goal is essential. Having a clear conception will lead the management to decide on the goal first, and then they will be able to plan the necessary objectives that will lead them towards the goal upon accomplishment ("Going for Growth: A guide to corporate strategy", 2008). For instance, if the company the company has incorporated an overseas business venture in its corporate planning then it means that the company has a vision of expanding their business prospects in the overseas market. This is the chief necessity of having a vision set prior to starting a corporate plan. This vision for corporate planning might include the following: Corporate level planning: this phase requires a planning the resource allocation, drafting of strategic and corporate objectives, the domain in which the organization is about to operate, distinguishing the market patterns worldwide (Harris, 2009). Concern planning: planning for the exclusive needs of the consumers, and the technology that will be required. Resource planning: largely concerns about the allocation of resources in the various production segment. Unit planning: planning the management of the; internal business units, competitors, external markets, and cost structure (Hiriyappa, 2009). Product planning: this involves planning of product, its types, services, sales, and price. Strategic Goals: An essential feature of the corporate planning is to design strategic goals for it. The strategic goals are the analysis on the business endeavor and reflect the risk factors along with the success factors. Scanning the market for the business The objective of scanning the market for business is to analyze the factors that will be affecting the business prospects. Economy is one of the prime features which require to be scanned first. This is the most concerning for the business growth as, the strong the economy is the strong prospects the business has in the economy for being successful ("Information resources and corporate growth", 2009). Other factors include; rates of interests, unemployment, and inflation, foreign exchange rates in case of overseas business, disposable income, and evaluating the business of the rivals in the given market. Capital Investment A plan needs to be specially designed that will specifically deal with the capital investments and the credit challenges associated with it. Present days credit crisis is a result of the bad lending practices, and makes it very difficult for the managements and owners to invest capital in. However, an investor with good experience and having deep resources to support new ventures will be able to combat the credit storms in a better way (Knapp Oliver, 2008). Furthermore, when the organization has a potent prospect it is able to draw capital investors to it involuntarily. Incorporation of Information and technology: Based on the products that the company wishes to bring to its customers and the way the company wishes to bring the products to the customers, the company will certainly need to analyze and plan the software and hardware they will be enlisting in their organization. The purpose of this section is to provide an emphasis on the companys approach towards its production and services procedures (Manzini, 2008). This vital as the company requires to have prior plans before incorporating an new segment or altering or expanding an existing one. If the organization already has high demand in its market and is merely looking forward to chalk out a corporate plan to expand its limitations then, the company will certainly need to assess the market demands, the supply chain, and the cost of the new machinery it is going incorporate in. For, the organization should also assess the cost that they will be incurring upon the new additions and whether these costs will be recovered from the overall sales. Furthermore, the company has to keep it mind the production costs and the cost of additional materials for the production procedure that they are incurring with expansion of the production facility (MARGERISON, 2008). This is indispensable as without proper planning, cost evaluation and market assessment, without proper analysis the step might result to be disastrous. Now, if the company is planning on launching an online business segment they need to plan on the software they will be using on developing the website. The software that will be used to develop will greatly affect the platform from where the online business will be operated. Apart from this the human resources cost will also need to be estimated (Mendelow, 2013). If the company is providing delivery services by means of hiring some other concern then the company has to keep in track the additional cost being incurred on the endeavor. If the organization specializes in any sort of IT based products then they will require specialized software for the development of their products and extending their services. Time management and Human resources: This section focuses on the need of efficient management of time and the human resources required for carrying out this activity. It is essential to have a time framework for the objectives and goals that are included in the corporate planning and it is also vital to entrust the set objectives and goals to the right employees in order to get the job done. Corporate planning requires having a clear conception regarding the management of time. The organization certainly does not have eternity neither do its consumers (Nemati Barko, 2014). Therefore, efficient management time will certainly help in building customer relationship and a quality name for the organization. This can be done by analyzing the time that the employees are taking between their activities. If this time taken by the employees is shortened then they would be able to invest a significant amount of time in their activities. Another significant aspect of time management is that accomplishing the set targets within the time stipulated will affect the company in an overall aspect. For instance, the growth that the company has envisioned will be achievable in due course of time, which is set accordingly with the human resources and the market analysis that the company has already made. In this planning the company certainly has taken the liberty to stipulate certain amount of time for certain activities (Roberts, 2007). Now, what the management actually needs to do is to plan or incorporate strategies that will help in accomplishing the set targets within the stipulated time framework. Another important aspect that is complementary to the proper utilization of time is the incorporation of talented human resources. Talented employees are the key that unlocks the doors of success for any business. This is not only because of the fact that talented employs are capable of carrying out the process in the manner they are supposed to but also they are able to do that within the time frame stipulated for that particular purpose. Specialized teams: The management needs to assign teams for the decision making process and teams that will analyze the hazards and risk factors which are by-results of some process and eliminate such hindrances. In this section an analysis on the organizations need for specialized teams are discussed which include and prioritize decision making criteria; Decision making team The purpose of the decision making team is to come with decision that will be affecting the outcome of the processes. The decision making team is usually tasked with the making of choices out of various other options. These choices have their individual exposure to the growth and development of the company (Sanchez Heene, 2005). Furthermore, each of the choices has exclusive results when carried out. This is the decision that the decision making team needs to take. The choices they make in their decision will be carried out in the organizational activities and depending on the nature of the choice made the nature of the process will vary. Another aspect of the decision making team is that the entire operations of the company depends on the choices they make. In addition, the growth and development of the company depends on the choices that the decision making team opts. Therefore, making it the most crucial job in the organization as, large part of the organizations fates depend on the choices the decision making team makes. In matters relating to the products and their production there will be industrial hazards and the organization will require specialized teams that will effectively remove the hazards from the environment. In industries concentrated on building complex goods and products, hazardous materials tend to be a by-product of the production procedure (Sandra Birley, 2007). These hazardous materials tend to be harmful for the employees and might result in creating health issues, which might in turn lead the company to face severe consequences. Therefore, if the organization is engaged in the production of complex goods which have some hazardous materials as its by-product then it is essential to incorporate a team of specialized individuals who would be able to safely and securely dispose of the hazard without causing any further harm to the environment. Industrial Hazards/Waste Removal Team In matters relating to the products and their production there will be industrial hazards and the organization will require specialized teams that will effectively remove the hazards from the environment. In industries concentrated on building complex goods and products, hazardous materials tend to be a by-product of the production procedure. These hazardous materials tend to be harmful for the employees and might result in creating health issues, which might in turn lead the company to face severe consequences. Therefore, if the organization is engaged in the production of complex goods which have some hazardous materials as its by-product then it is essential to incorporate a team of specialized individuals who would be able to safely and securely dispose of the hazard without causing any further harm to the environment. Communicating system and hospitality planning: An all inclusive corporate planning requires use of proper, convenient and cost effective means communication systems. Communications play an effective role in the role in the present days trade and commerce. In order to properly emphasize the need for proper communication system the following instance has been provided: The corporate plan is oriented towards an overseas business initiative. In this scenario communication is essential as it would not be possible for the management to be present there and provide their insight on the day to day activities (Vandermerwe Birley, 2007). To serve this purpose it is necessary for the management to incorporate communication system that will be cost effective so that the company might be able to prevent a large amount of expenses. Furthermore, effective communication helps maintain the day to day activities in the organization itself. Employees can stay connected to each other and the management by means of incorporating affordable intranet communication services. Moreover, affordable communication system will help the company to stay in touch with the customers and associates which in turn would strengthen the business structure. Hospitality planning is also an important aspect and has to be incorporated in the corporate planning. In this present day trade and commerce business associations with other organizations will help in widening the prospect of the organization. These associations will require meetings and conferences which in turn will require hospitality planning (Venu, 2014). Much of the impression that the organization will create in the very first business meetings with other associates will depend on the hospitality that the company is offering. However, it is essential to keep a track on the cost that the company is incurring on the hospitality. Since, the company already has a set framework on the financial budget; the company should not consider extravagant expenses on hospitality regardless of the importance of the conference or meeting. Operational jobs and Recruitment: The corporate planning must and indispensably include the operations that it will be carrying out over the course of its plan. The operational jobs enlisted for the operations should be allotted accordingly. Depending on the number of operations the company has enlisted in corporate plan the company is required to set them in an orderly fashion e.g. primary, secondary and tertiary. The primary level of operations is given the topmost priority if the organizations primary operations are the foremost concern. In this manner each of the three levels should be prioritized depending on the phase the organization is traversing with the passage of time. This should also be included in corporate planning and be considered to be top priority ("Information resources and corporate growth", 2009). Recruitment is another essential as with the lack of proper human resources the organizations operations will come to a halt. Furthermore, recruitment should be precise as to the amount of employees the company will be requiring based on each of the sectors and segments (Colley, 2007). Corporate planning should include levels of recruitment that the company will require with each accomplishment and each progress that the company makes. This will provide the recruiters and the management with a clear apprehension regarding the recruitment procedures and requirement. Organization of the Study The organization of the study is as follows: Chapter 1: the first chapter is the introductory part, and deals with the purpose of this research Chapter 2: the second chapter deals with the problem statement i.e. the matter the research is concerned for. Chapter 3: the third chapter is concerned with research objectives/ questions. Chapter 4: this chapter deals with justification of the project. Chapter 5: the chapter provides a conceptual framework and research hypothesis. Chapter 6: deals with the expected research output or outcome. Chapter 7: this chapter incorporates the methodologies prescribed for the activity. Gantt chart The following is the Corporate Plan analysis as based on the corporate plan: Gantt Chart Main Activities/ Stages Weeks 1 2 3 4 5 6 7 8 9 10 11 12 13 14 Selection of the topic Evaluation of secondary information sources Research proposal preparation Groundwork of literature review Explanation of research methodology Preparing interview process Collection of primary data Analysing data Contrasting findings Recommendations and Conclusions Submission of final draft Final submission Project Budget and Budget Justification The predetermined cost shall not exceed the budget. It has been thoroughly analyzed and planned accordingly to meet the financial limitations. As per the analysis and plan, all sorts of logical expenses are covered and there is less chance exceeding the budget in terms of logical costs. The financial plan drafted by the analysts is realistic as per the given market and are in no terms unrealistic or inconvenient in any nature. Conclusion The purpose of this research was to observe the essentiality, nature and scope of corporate planning on the growth and development of an organization. This study report will ensure the fundamental requirements of methodological performances of corporate planning and its significance in organizational growth. Revelations from this short highlighted study will make individual worth enough to occupy knowledge and advantages that manipulate organizational development (Bowman, 2008). There are several parameters involved in the development of an organization which is strictly considered in corporate planning such as cost, location, market, consumers, technology, globalization etc. Furthermore, an in-depth analysis has been included and segregated into segments that will help in understanding the various stages and elements of corporate planning and the effect corporate planning has on the growth and development of the organization. References Abadi, D. Nematizadeh, F. (2012). 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