power Span of control: -The number of dependents that a manager or controller can directly control. This number varies with the type of work: complex‚ variable work reduces it to six‚ whereas routine‚ fixed work increases it to twenty or more. -Management literature identifies various factors that cause span of control to differ among managers and in different organizations. For example‚ narrower spans of control are appropriate when the nature of work performed is complex‚ when organizational objectives
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What is Organization Management ? Organization management refers to the art of getting people together on a common platform to make them work towards a common predefined goal. Organization management enables the optimum use of resources through meticulous planning and control at the workplace. Organization management gives a sense of direction to the employees. The individuals are well aware of their roles and responsibilities and know what they are supposed to do in the organization. An
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Course Name: Level 4 HNC Business UNIT TITLE NO. AND TITLE: Unit 1 Business Environment Assignment No. and title: Assignment 1- Understanding the organisational purposes of businesses (DRAFT) Date Submitted 21st May 2012 Understanding the organisational purposes of business In this day and age all individuals will have some affiliation with a business organisation. Whether it be the company they work for‚ the retail store they purchase their groceries or the NHS dentist they attend
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forces model is being used. It helps the company to develop the competitive advantages of the organization and so compete wit hit rivals. The five basic forces are: 1. the bargaining power of suppliers; 2. the bargaining power of buyers; 3. the threat of potential new entrants; 4. the threat of substitutes; 5. the extent of
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Centre Maldives 1 1.2 Rationale 1 Strategic management defined and its process 2 1.3 7S model 2 1.4 Triple loop learning 3 2 Process of strategic management followed at Zhujiang Iron and Steel Company (ZISCo) 3 2.1 Strategic factors 3 2.2 Strategic Capabilities 4 2.3 Organisational performance 5 2.4 Inconsistency 6 2.4.1 External inconsistency 6 2.4.2 Internal inconsistency 6 2.5 Gap in strategy formulation 7 2.6 Strategic options available for ZISCo 7 2.7
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Culture cannot be managed Organisations do not form accidentally. It is the result of the belief that a group of individuals working together can accomplish the task that one individual cannot and the work can be done faster and more effectively. The process of organisational culture formation is first of all the process of creating a small group of individuals. From the 1980s there was a great number of discussions of organisational culture as a "source of fresh air" and antidote to attributes
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Fredrickson How Competitive Forces Shape Strategy(1979) - M. Porter Profit Pools: A Fresh Look at Strategy (1998) - O. Gadiesh and J.L. Gilbert Getting Real about Virtual Commerce (1999) - P. Evans and T. Wurster Question 3 2010 In the context of strategic thinking‚ Hambrick and Fredrickson identify 5 elements that a sucessful strategy must have. One is differentiators. Explain what is meant by differentiator‚ illustrate with examples of sucessful differentiators from the world of business
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Approaches to the strategic management of people There are a number of models of SHRM and in this unit we will look at three: • The best practice view. • The best fit view. • The resourcebased approach. The best practice view This view starts from the premise that a single set or ‘bundle’ of HR policies and practices will lead to better organisational performance‚ sustained over a lengthy period‚ whatever the prevailing business circumstances. What are these socalled best
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The Importance of Understanding Cultural‚ Ethnic‚ and Gender Differences by Managers and Professionals in a Business Setting Denise Greenwood DeVry University Diversity in the workplace refers to the variety of differences of people in the work setting. Understanding the cultural‚ ethnic‚ and gender differences by businesses and managers is very important. Hospitals have come to realize that employers from various ethnic‚ cultural‚ and gender backgrounds‚ bring a great deal of perspective
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This essay shall examine the contribution of Jean Piaget to our understanding of child development. Until the mid 1900 ’s psychologists had no useful theory for explaining how children ’s minds change as they age. Psychologists interested in this field either has to study it in relation to behaviourism‚ which emphasises that children merely receive information from the environment‚ or in relation to the IQ testing approach‚ which emphasises individual differences in children ’s development. However
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