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Purchasing and inventory management in a homoeopathic practice

M.Dip.Tech. / Due to the fact that the homoeopathic practice is both a medical service and. a small retail business, the homoeopath has to manage both these aspects well to ensure a' successful practice. Some homoeopathic students are of the opinion that at the end of their formal education at the Technikon, they do not have sufficient training in business matters, to be able to manage a practice efficiently. Unfortunately, no literature is available that cover the management of the homoeopathic practice, especially to assist a newly qualified or new practitioner in this task. Apart from this, the available literature on management is very broad and relates to many aspects of different types of businesses. Management of the homoeopathic practice is therefore a suitable topic for research. A dissertation of this kind is limited in' respect of time and space and would not allow a detailed study of all the management issues discussed in management literature. The objective of this study is therefore narrowed to research only two of these aspects, namely purchasing and inventory management. The study highlights the role and importance of each of the mentioned aspects, states their objectives and includes a discussion of the processes involved with the operation and management of these aspects. All examples and applications throughout the study are made with direct relation to the homoeopathic practice. At the end of this study a short summary of the results that were obtained through the study is given. A model is also compiled as a guide to practitioners in the management of the purchasing and inventories aspects of their practices.

Identiferoai:union.ndltd.org:netd.ac.za/oai:union.ndltd.org:uj/uj:8059
Date05 February 2014
Source SetsSouth African National ETD Portal
Detected LanguageEnglish
TypeThesis
RightsUniversity of Johannesburg

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