- Harmful effects on culture and society
As I mentioned earlier what globalization is, which is making the whole world interdependent and to use and consume a standard amount of goods etc. Certain cultures come as barriers towards the globalization developments. For example there may be a certain people who have only vegetarian food. But due to the globalization developments, the use of vegetarian food will fade away and food with meat will come in to being. There was problem regarding this concept and that can be understood by viewing the following diagram.
Figure 1
As you can actually see, the above picture is been taken from the internet which is actually a product of Nestle called by the name of “Maggi” which is a type of food in the flavor of Beef and Black bean where they have created a wrapper with a Buddhist monk on it. This was prohibited to produce after sometime the organization actually started producing this, because of the fact of insulations to the Buddhists. Furthermore this product means going through a cultural barrier due to globalization. This product implies the fact that people after the globalization developments the barriers of culture have faded away and that they consume almost any product which is there in the market in good standards at affordable price.
3.2 How to overcome those Globalization challenges?
- Government rules and regulations
The government has the authority to put up new laws and regulations to minimize the disadvantages of the globalization and it can introduce new laws and regulations in order to protect the employment level, and to protect the social and cultural barriers within countries and also to protect the existing organizations within the country.
- Innovation of new products
As new organizations come in to being due to globalization the Nestle Corporation can innovate new products where they can gain more competitive advantage over the their competitors and give their consumers more opportunities such as promotions to keep their loyal customers within themselves. The best example for this the advertising campaign and the promotional campaign the Dialog Gsm conducted due to the introduction of the Airtel or Bharthi organizations came in to being to the local market.
- Through Mergers and Joint ventures
A joint venture is an agreement between 2 or more partiers to carry out a short term temporary business. The Nestle organization can merge with another food organization and create a monopoly situation and this will lead to competitive advantage and to face competition successfully.
4.0 What is Information?
Information briefly is the processed data. Data are the raw facts which doesn’t give out a meaning until they are been processed. Information leads to communication. Eg: Value of total receipts of the organization and the value of goods received for the stores.
4.1 Importance of information to an organization like Nestle
- To take correct managerial decisions on time
- To achieve organizational goals
- To use organization’s resources in the most efficient manner
- To improve the productivity of the business organization
- To perform daily organizational activities correctly.
5.0 Communication
Communication can be defined as the process of exchanging information or facts, ideas and emotions between two or more persons for understanding. The Communication process is a two way process that, enables information to be passed from one person or organization to another, or in the case of automatic systems, from one process to another.
5.1 Objectives of Communication to a business Organization like Nestle
- Enables decisions to be taken based on the best information available.
- Issue instructions to staff (Vertical Communication)
- Enables people at the same level within the organization to communicate with each other. (Horizontal Communication)
- Communicate externally with suppliers, customers, banks and other contacts.
- Keep staff up-to-date and informed of what is going on so they are able to perform their work in a better manner.
5.2 Elements of Communication Systems/Process
Figure 2
The above figure 2 is a diagram which enables the reader to understand about the elements of communication process. Eg: A manager in Nestle Corporation will send a message to the media using appropriate codes, words and etc through a specified channel of communication and the receiver of the message will interpret the message and translate in to meaningful information and respond according to the suitability.
5.3 Types of Communication used by the Nestle Corporation
Figure 3
5.4 Benefits to a Organization like Nestle in having proper internal communication system due to Globalization
- Employees can express their ideas properly
- The decisions about the changes in the firm or organization can be informed to the employees.
- The knowledge and advices can be transmitted from the top level to bottom level.
- It is easy to motivate people and team work
- It is easy to take decisions in the business
- It is easy to solve problems in the business
- Misunderstandings can be avoided
5.5 Benefits to an Organization like Nestle in having proper external communication system due to Globalization
- It is able to provide useful information to external parties of the Nestle Corporations
- Information and advises can directly be supplied to the customers due to globalization.
- New technologies have come in to being which are user friendly where the Nestle organizations can minimize mistakes.
- The world has become a global village and new communication techniques or Medias such as internet and online chatting can increase the speed of feedback of customers towards the organizations.
- The Nestle Corporation has got the ability to build and develop public relations.
- Is really important to achieve organizational goals for the company’s growth.
6.0 Stakeholders of an organization
Stakeholders can be a member of an organization, volunteer, staff, management, board member, founder or a contracting body, client, community of interests such as locality or grouping of people who might benefit. Every business organization has a range of stakeholders, including: The objective of the company establishes are based on blending the various interest of these stake holder groupings.
Eg: an objective to be the market leader will benefit all stakeholders because customers will receive high quality products, shareholders will receive high dividends, and employees will receive good and high wages. The reader of this report can have a better idea by viewing the following diagram (Figure 4) which explains about the stakeholders of Nestle Company.
Figure 4
Furthermore there are two types of stakeholders in an organization,
- Internal stakeholders
- External stakeholders
6.1 Internal stakeholders of Nestle Corporation
The parties who are interested in the business organization within the same particular business organization are called as internal stakeholders. These can be managers, employees and directors and so on. According to the above diagram 6 the internal stakeholders of the Nestle Corporation are managers, Board of directors, Unions etc.
6.2 External stakeholders of Nestle Corporation
External stakeholders are the people or the party who are interested in a particular organization externally. For example we can take the above diagram into account, distributors, suppliers, Shareholders, Regulatory bodies, Government, Competitors and the business partners of the organizations.
"Courage is what it takes to stand up and speak. Courage is also what it takes to sit down and listen."
(Winston Churchill)
6.3 How stakeholders are been communicated and stakeholder challenges are met by the Managers of Nestle Corporation.
- Customers come under the main and primary stakeholder of the organization. They come under the category of external stakeholders.
- Due to globalization the world is becoming a global village and in a village in practical life everybody users the same resources and consume identically the same goods and services.
- That means every consumer will be looking for standard products or a global product. Eg: In to the real world of beverages and soft drinks, the highest selling beverage in the word is Coca-Cola. This means it has become a global product. The product is spread all over the world and it is the mostly consumed beverage in the world.
- On the other hand the consumers will consider the quality of the products as well because of the fact that competition is increasing day by day and innovate substitutes due to globalization, which means different goods with different qualities will be there and the product with the highest quality will survive in the market because the consumers will consider consuming that.
- Another issue would be value for money products. The consumers will try to purchase and consume a product with high quality for an affordable price. This comes as a huge threat to the Nestle organization because of the automation and the competition in the market, the cost of producing goods will increase where they will have to offer goods in relation to the competitive prices of their competitors.
- According to the above, the right quality, right price should be indulged and implemented by the organizations when producing goods in the Nestle Corporation.
- In order to have the right quality and the right price the organizations will have to have a price system or else good system management.
- And to achieve all the above options the Nestle Corporation should gain sufficient information such as competitor prices, competitor costs, promotional methods and etc.
- To gain all the relevant information, the organizations should have better communication process and the knowledge that who would and where to collect information relating to the above
Figure 5
The methods of the Nestle Corporation communicate with their consumers and the ways in which information can be gained are as follows,
- Basically there are three main objectives of advertising for an organization and they are, to inform, to remind and to persuade the consumers.
- This can be used as a promotional tool for the organization as well.
- Effective advertising of the Nestle products through effective Medias such as television etc will inform the consumers about the availability and the usage of the products.
- When the availability and benefits of the products are been informed, consumers will get persuaded to purchase the products.
- Direct marketing and personnel selling
- Direct marketing is selling the products directly to the consumers where the respective agents can gain the consumer response effectively.
- This is a better communication with the consumers because the benefits and the usage of the products can be addressed directly and the consumer.
- Feedback also can be obtained at that time itself.
- In fact this method will make the managers in the Nestle Corporation identify their weaknesses as well as their strengths and opportunities. Furthermore this includes direct mail and E-marketing as well.
- Market/Product and Advertising research done through surveys and interviews.
- It is said that advertising can be used to communicate with the consumers.
- Market/Product and advertising research are types of marketing researches where the organization can obtain information about the market situation the company is facing.
- These can be done through surveys, personnel interviews and feedback and questionnaires with the respective loyal consumers of the Nestle Company.
- This is very important to the organization to identify the present consumer needs and wants. And this will create more opportunities to increase the sales and to achieve organizational objectives efficiently.
Figure 6
“”
( ( advisor to leaders))
- Employees of the Nestle Corporation come under the category of internal stakeholders and employees work in organizations. (approximately 265,000 employees in this organization throughout the world)
- As the globalization developments new technologies come in to being to the organization and more and more knowledge should be indulged by the employees to operate those new technological equipments.
- So when the employees start handling and operating those equipments, they start to demand for more incomes or salaries and job satisfactions. And facing this situation comes as a challenge for the relevant parties or managers due to globalization.
- The organization will have to adapt new technology in to being and realize that the only way they can increase the incomes of employees without earning losses and facing this challenge is by either changing or adapting various strategies such as increasing the productivity from the employees through multiple activities from them which will increase the amount of output while the input remains the same or else with a lesser input or else by giving certain incentives to the employees by the Nestle Corporations employees.
- This will lead to higher satisfaction of the employees and they will engage in activities efficiently. Otherwise the employees will try to form trade or labor unions against the directors board of the organizations.
- The employment level of the country will fall down due to the use of technology (Automation) in the organization and this comes as a huge threat to the respective country.
The methods of the Nestle Corporation communicate with their employees and the ways they gather information on how to communicate with their employees are as follows,
- Intranet is an internal computer network.
- These networks are been controlled by a server and connected via routers.
- Internal employees and management can access the information such as customers, products, stocks, the code of conduct and telephone directories. This will increase the efficiency or the speed of communicating and passing out information from the top level managers or the strategists to the employees easily.
- The relevant employees can gain information more accurately other than wasting a lot of time to conducting a special meeting or any other method (Time effective).
- Though this method is time effective the cost of creating up an intranet is high and that will incur an additional cost for the company. And there may be failures in networks which may come disadvantageous to the company.
- Employee television channel
- This is a new network which has come in to being due to globalization.
- There is a television where the higher managers and the relevant employees within the organization have the opportunity to evaluate on how the employees are engaging in their day to day activities.
- This will help the newly recruited employees to gain information and knowledge as well as to identify weaknesses of the organization within the organization. These will also cost a large amount for the organization an additional cost on the operating cost of these equipments.
- Conference calls (Video Conferencing Eg: MMS,3G network )
- This is also actually a newly innovated communication channel or a method of communication.
- Nestle Corporation is actually a huge Multi National Company and this organization holds and offers almost 50% of the normal food products to the market. So there are a huge amount of employees who are engaging in activities.
- While the employees within the Nestle Corporation is engaging in their work, the managers can communicate to them through 3G network and pass the relevant information and communicate with their stakeholders.
- As a disadvantage of this, a network breakdown will not only reduce the employees’ productivity, and it will also make the Organization occur an additional cost.
- Human resources and recruitment center and through personnel interviewing
- The organizational managers can gain information regarding the employees and employee needs and wants through the Human resources and recruitment section and by personally interviewing the employees which will actually satisfy them.
- Government and organizational performance
- Furthermore the managers can gain information of its employees through the government and by analyzing the organizational performance also; the relevant parties can gain information regarding the employee satisfaction etc within the organization.
- A shareholder can be defined as a person whose name is entered in the share register as the holder for the time being of one or more shares in a company.
- As the world becoming a global village the competition within firms will increase rapidly. And Nestle Corporation will have to cope up with that competition.
- While facing the challenge of competition, the external stakeholders such as Shareholders expectations will increase. They will want more profit from the shares they earn. And they will demand for more profit from the shares they earn.
- If the shareholders expectation are not been met by the Nestle Corporation, the shareholders will not be satisfied and they will be tend to leave the organization and move on to a more profitable organization. This will affect the organization in a very harsh manner.
- So the organization will have to adapt steps to achieve those stakeholder objectives sufficient enough to retain the stakeholders within the organization.
- The most suitable way to achieve the target is either by increasing the sales of the organization which will lead to a profit for the organization or else by reducing the cost.
- The Nestle Company will have to adapt the globalization technology in to account when facing this challenge. Let’s assume the fact that the organization took the globalization development of automation in to account. When they do, as I mentioned earlier, the employment level of the country may decrease and on the other hand if the organizations don’t minimize the employees and retain them within the organization the existing employees can engage in multiple activities within the organization, this will lead to a higher productivity of the organization and reduce cost, isn’t it? And on the other hand if the managers and the respective parties within an organization can come up with a promotional campaign or good and effective advertising to persuade the customers to purchase the products, the sales will increase, isn’t it?
- And when the above two factors, increasing sales and reducing cost of manufacturing the goods, there is a high probability of satisfying the organizational stakeholders with a higher profit.
Figure 7
The methods of the Nestle Corporation communicate with their shareholders and the ways in which information can be gained are as follows,
- The best methods to obtain information about the above factors are the suppliers who are also stakeholders of the organization.
- Suppliers are aware of the distribution methods of the competitive industries and firms, where the organizations can obtain cheaper raw materials and products with higher quality
- Suppliers are people who distribute the products to the retailers and they of course have quit good relationships with consumers and they are aware of what the consumers are expecting from the organizations.
- Nestle Corporation can use the suppliers as an advantageous tool not only to obtain information regarding the competitors but to pass out information and to persuade consumers more to purchase the particular products.
- Annual general meeting and extraordinary meeting
- Annual general meetings are meeting which the organization should conduct every year with the shareholders and respective parties present on that day to gather information and to communicate with the shareholders of the organization.
- This can be used to gain information regarding the shareholder needs and wants and to decide how best to achieve the goals to satisfy the shareholders within the Nestle Corporation.
- As the world becoming a global village the most impressive tool that has come in to being to gather information and to learn and to get entertained in the past is called the internet. This is an integration of internationally spread private and common networks.
- This is actually a global network that connects millions of computers, servers and networks The Nestle Corporation can gather information regarding the competitors and where it can obtain cheaper products, materials and equipments etc through the internet
- Furthermore the organization can convey messages and advertisements through the internet too. This can be used to remind consumers about the products and there are internet shopping facilities been developed due to globalization recently and that also comes a method in communicating with the stakeholders such as consumers.
- Shareholders of course can gain information regarding the company activities and share information quickly and efficiently through the internet with benefits such as time consuming, cost efficient etc.
- The organizations can gain competitor information and stakeholders wants through this and find relevant ways to face the challenges to the organizations, and to strategize the organizational activities.
Figure 8
- The Government can be defined as the governing body of a state. Or else the system by which a state or community is governed.
- As the globalization developments we can see Most of the public organization been transferred in to the private sector.(Privatization)
- The organizations should satisfy their stakeholders in order to survive in the market. If they do not cope up with what the stakeholders want, the organizations have a high probability to collapse.
- So as the globalization developments occur, stakeholder’s wants are increasing too.
- When the organization starts to satisfying one stakeholder’s wants another stakeholder will get affected. It’s an interrelated process.
- Government is expecting more taxes and to achieve their objective of full employment from the organizations. (The government want the organizations to create more employment so that they can achieve the goal of full employment)
- But due to globalization automation come in to being and the employment level starts to crawl down. Since the organizations are expecting to produce goods and services with a cheaper cost the organizations will have to adapt techniques and machinery. Then the employment level decreases. This comes as the main challenge for the Government as well as the Organizations.
- Standard of life of people starts to decrease due to low jobs in the specified country and due to the lack of sufficient income. (Poverty increases)
- But automation comes as an advantage for the Nestle Organization as well. When automation comes in to being, the cost of producing will be low and high quality products will come in to being for affordable prices. So the demand for the products will increase.
- And due to the increase in demand, organizations tend to expand their organizations and market and that will lead to increase in employment too.
- And on the other hand when shareholders profits increases the company will reduce the payment of tax. And the Nestle Corporation will have to adapt certain strategies to achieve these targets step by step. To achieve those targets the organization will have to rely on the information, and to gain information they will need to communicate with relevant parties effectively.
The methods of the Nestle Corporation communicate with the government and the ways in which information can be gained are as follows,
- The Nestle Corporation can gain information regarding certain aspects with government through the internet. Internet is been defined and understood before.
- The information regarding the government can be obtained through the suppliers of the Nestle Corporation too. The Suppliers may be having some connection or relationships and they can be sent to the government respective authorities to gain information about.
- This is also another good aspect in gathering information regarding the government.
- Government is also a external stakeholder. So the best way to communicate and gather information is through direct communication with the government.
- The Managers in the Nestle Corporation can obtain formation and gather information regarding the relevant and specified factors through direct communication with the government.
Figure 9
“Try not to become a man of success, but rather try to become a man of value.”
(Albert Einstein)
- Suppliers are the people whose job is to distribute the goods or services which an organization is producing to retail outlets or to the respective parties.
- Supply chain means the organized movements of materials and sometimes, people and the data in business operations. The supply chain management section comes as an essential for a business organization. And choosing the correct distribution channel is also essential in achieving organizational goals.
- As globalization the world is becoming a global village and the competition starts to increase and certain new methods and ways are adapted by organizations to supply and distribute goods and services.
- As the developments starts to occur, the Organizations will have to adapt and find ways to increase the quality of distribution and in the distributors point of view they will expect a higher price for the distribution since they will actually find numerous ways to promote the organizations products. This comes as the main challenge for the organization.
- There may be conflicts in the supply management of the organizations and the distributors will have to be more precise and efficient to gain more income for the respective organizations.
- So the organization will have to reduce the cost of producing goods and at least increase the price of the product where they will actually be able to pay the additional cost of distribution to the suppliers. To increase the price the Nestle Corporation should produce high quality goods than of its competitors.
The methods of the Nestle Corporation communicate with the government and the ways in which information can be gained are as follows,
- Internal newsletters, brochures, other printed material,
- The Nestle Corporation can communicate and obtain information regarding the suppliers through publishing internal newsletters, broachers and other printed material such as questionnaires from the employees etc. By analyzing the above methods the organization can get a certain amount of information regarding suppliers and necessary suppliers etc.
- Through personnel interviewing
- Personnel interviewing is another method of obtaining information from the internal parties to get good information regarding the suppliers that is necessary for the organization and how to overcome challenges of cost and prices.
- Direct communications with the suppliers are the best method the organization can adapt to identify their needs and to come up to agreements which may be beneficial to both parties, The suppliers as well as the managers.
- Through the internet websites
- This also can be taken in to account for managers to actually identify the perfect suppliers for the organizations and the way to cut the cost (Cost cutting) and to gain information regarding the suppliers and the suppliers of the competitors and to communicate with the suppliers.
7.0 Management overview of the Nestle Corporation
Figure 10
Who is a manager? The answer for that is simple; a manager is a person whose primary responsibility is to carry out the management process. The management process includes the followings,
Figure 11
The overall managers can be divided in to three main categories as figure 10 can explain the reader. This can be divided in managers, middle level managers and lower level managers. This will be explained to you in a while as follows.
7.1 Top level manages
A top level manager of an organization consists of a small group of top executives who make decisions about the overall organization. For these managers’ in the Nestle Corporation good communication skills, technical skills, human relationship skills are essential to achieve their goals and objectives. Examples for top level managers are,
- Chairman/President/Vise president/Governor
- Chief executive officer
- Chief Financial Officer
They take decisions such as,
- Deciding the Vision, Mission and goals of Nestle Corporation
- Recruitment of Middle level managers
- Any takeover or merger decisions
- Major investment decisions
7.2 Middle Level Managers
Middle level managers are the managers who are in charge of departments or sections of the Nestle Corporation. These managers are primarily responsible of implementing the policies and plans which are been developed by the top level managers of the company. These managers should also coordinate with the top and the lower level managers of the organization and examples of middle level managers include the following,
- Production manager
- Financial Manager
- Sales managers and HR Managers
Furthermore these managers take decisions such as,
- Introduction of new products
- Branding of products
- Pricing and general investments
- Changing Distribution methods of the organizations
7.3 Lower Level Managers
These managers are the managers of the Nestle Corporation who actually implements the decisions taken by the top and middle level managers. These managers furthermore take decisions for recurrent problems and they should have good technical skills.
The middle level managers can be,
- Supervises
- Coordinators
- Office managers
- Showroom managers
And they take decisions such as,
- Preparation of product plans
- Recording of financial transactions
- Granting leave to minor staffs
To achieve the above objectives of different types of managers, they need good and relevant information and to gather and obtain information they need good technical approaches and skills. They obtain information mainly through the internet, other managers and staff who are working within the organizations (Higher positions), and other internal and external stakeholders. And mostly they communicate through the internet as well as direct communication, face to face to gather the information.
7.4 Decisions that should be taken by the managers in Nestle Corporation in order to communicate with stakeholders of an organization
There are certain amounts of decisions that should be taken in to account from the respective organization when communicating with their internal and external stakeholders and they are as follows,
- The sender of the message should first understand who the receiver is going to be.
- The message should be built with necessary information included in it to become complete with all required information.
- The message should be clear without been complicated for the receiver where he will actually understand the content.
- The information should be correct and should be concise.
- The communication channel (Most appropriate communication channel depending on the type of message) and the cost of communicating channel and the speed of the message been delivered to the receiver should be analyzed and chosen.
- The availability of the communication channel should be analyzed.(Spread)
- The message should be presented to the stakeholders at the correct time and occasion.
- The ability gaining a feedback quickly should be analyzed.
Figure 12
8.0 Globalization developments have helped the existing organizations?
As globalization develops new innovations have been conducted and new technology has come to being. The consumers’ objectives of consuming goods with affordable price have changed to consuming high quality goods at affordable prices. Managers have the opportunity to increase the output of an organization using the same or a lesser amount of resources. IT (Information technology) has come into being and all the complexed tasks which were done in old times have become far more easier and in fact the managers have got the opportunity to communicate and gather and obtain information regarding certain specific factors just from their palmtops. IT is the most significant aspect which has come in to being for organizations to make the work load of the particular industry easier. The following are some developments which have taken place in the world today due to globalization, It is a fact to realize that some of these are been already been used by the Nestle Corporation,
8.1 Transaction processing system (TPS)
This is the computer systems which are been used to perform and report daily regular transactions. These types of systems are been mostly used by operational level managers through which products are designed, marketed, produced and delivered. These systems accumulate information in databases that forms the foundation for higher-level systems such as management reporting systems. This means the Transaction Processing system includes the systems such as,
- Wages Control systems
- Stock Control systems
- Purchase order systems
- Quality control systems
8.2 Office Automation systems (OAS)
This includes the information systems used to improve the efficiency and the effectiveness of data workers and office functions. The main function of this is to facilitate communication and collaboration between the employees of an organization and to facilitate them for their operations. Which means OAS is a system in which places an organization’s documents and messages in an electronic format which can be classified, indexed and stored for easy retrievals enables individuals to access information on demand. This includes,
- Word Processing systems
- Electronic mailing systems (Intranet and Extranet)
- Database systems and facsimile systems
8.3 Knowledge Work Systems
This is actually an information system which is been used by knowledge workers in generating and integrating new knowledge. Knowledge workers are the employees who have obtained professional and academic qualifications to create, retain and distribute knowledge. What we understand by that is that people such as Engineers, Doctors, Lawyers, Scientists and Architects. These types of systems include the following,
- Scientists use graphical software to make forecasts
- Architects use design systems such as AutoCAD and 3D animation software in their work.
8.4 Management information systems (MIS)
These are actually been used in managerial decision making, regulation and in controlling. According to the research I did, mostly middle level managers use these types of systems and these provide the routine, detailed, voluminous information reports specific to each manager’s areas of responsibility. Furthermore these are been used for forecasting and budgeting too. For example we can take the reports on credit limits.
8.5 Decision Support Systems (DSS)
All the information systems that support the decision making come under this category. And this is actually been created for decision making purposes. This assists the chief executive offices, senior and vice presidents and the board of directors to monitor performance of the company assess the business environment and develop strategies for future.
As mentioned above all the above information systems are been used by the Nestle Corporation and these have made it easy for the managers who are employed in the organizations. These have come in an advantageous manner for the company since it has led the company to increase the efficiency level and as well as the decision making purpose. What we understand by this is the fact that now a day’s almost all the organizations use these technologies and the competition within the industries have grown up to a limit where products are been produced at maximum quality level and productive as possible. Most of the infant industries within countries have collapsed due to the lack of new technology and the daily varying consumer wants. Nevertheless these types of information systems require good knowledge about the technology and good operational activities since they are really fragile and a small break down may cause havoc for the industry.
10.0 Conclusion
There are many important things which I actually can learn in this subject. All the information which I actually collected were read over and over again and been put up by my own words in this assignment report. It has been really good finding information for this report because it actually made me study and remember which we actually did in the lectures. The effort which I put out on to making this assignment is immense and indescribable. It took a lot of management in time to make this a successful one. Furthermore as recommendations I would like to mention that at the current global situation almost all of the companies throughout the world is been influenced by the globalization and in my perspective it is essential to collect the advantageous side of the globalization in to account for the company and the managers and the respective parties should identify themselves the challenges which they are, will face in the future and find themselves the cure and the methods of manipulating them and turning them in to tan advantageous fact for the Organization.
Finally, I would like to conclude by stating the fact that this module was interesting at its maximum it can be and that students like us in school should be educated about this subject because I myself think that this subject is an essential for life for any person and this module will make a student understand what he can do to make him/herself achieve himself/herself their objectives effectively and accurately while learning about the basic and the essentials in life, and how we can minimize and face the future uncertainties.
“Do not wait; the time will never be "just right'. Start where you stand, and work with whatever tools you may have at your command, and better tools will be found as you go along.”
(Napoleon Hill)
11.0 Reference
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