HRM 2600 Lecture Notes - Lecture 1: Making Money, Strategic Planning
8 Nov 2016
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A company thinking of how to continue making money + continue making the money they make. Get people excited about what they"re doing so they go above and beyond. Use the mission of comp to motivate people tesla building the future of energy. Suppliers tesla makes a lot of their own product ex. Strong battery for electric car -> whereas coca. New entrance: google cause they have the tech and capital to make electric cars. Give me 2 or 3 diff ways we can forecast supply. If your strategy is a low cost strategy, customer service is not something you really care about.
