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Organizations have been practicing self-evaluation for a very long time now, most notably at the period of employee appraisals. Economics is an integral component of management and company studies. Marketing management is believed to be a business discipline.
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Marketing is about marking an item and finding itsappropriate customers. Manager has a notion of the breakeven point of the organization and he can alter the degree of spending and boost production efforts, which will automatically boost the profitability of the business. Operation management also implies the operation process which is needed in the area of manufacturing goods and solutions.
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