Evaluate the contribution of Mintzberg’s concept of 5 Ps for strategic thinking‚ illustrating your answer with appropriate examples. Mintzberg (1989) has suggested the 10 different schools of thought for strategy. In the 10 schools of thoughts‚ they are categorized into two major approaches to strategy; one is the Prescriptive approach while another is the Descriptive approach. The Prescriptive approach focusses on the formulation of strategy in intended manner while the Descriptive approach views
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Table of Contents Accounting Concepts and policies…………………………………………………………….. 3 – 7 Relevance of accounting concepts and policies on financial report…………….. 7 – 10 Discount allowed and received………………………………………………………………… 11 – 13 Difference between carriage inwards and carriage outwards……………………. 11 – 13 Differences between straight line and reducing balance methods……………… 11 – 13 References……………………………………………………………………………………………… 14 - 16 Introduction Accounting Concepts and Principles These are rules and
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five competing concepts by which firms and business are guided in their marketing effort. The first three concepts production‚ product and selling‚ focus all on the product. The last two concepts marketing and societal marketing‚ focus on the customer. However‚ the commonality in all five philosophies is that they all have the same goal which is organizational profit. The choice as to which concept or philosophy to adopt depends on the circumstances of the situation The first concept‚ the production
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Psychological concepts in A Clockwork Orange At the start of A Clockwork Orange‚ you are introduced to Alex and his droogs. They are at a milkbar drinking milk-plus. Milk‚ plus types of drugs that enhance Alex and his droogs ultraviolence‚ which is the main backdrop to the story that leads to other psychological events. Drug addiction is a complex disorder that is compulsive and often uncontrollable. This is a chronic relapsing disorder‚ and treatment for drug addiction is about as effective
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Let alone‚ one topic that resonated with me is the topic about psychological disorders. I didn’t really know a lot of the disorders that this topic talk is about but after the course and the topic‚ I was able to understand different kinds of disorders that affects one and what one can do to prevent all those disorders. For instance‚ obsessive-compulsive disorders were one of the disorders that resonated me because learning this disorder enabled me to understand more how people get stressed. In the
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Conclusion Psychological motives are basically caused due to some psychological needs and are not based on physical needs. It is very important in the development of the individuals’ personality. It related to self-esteem‚ self-security‚ self-expression and self-freedom. There are some several psychological needs‚ which are; 1. Need for Affiliation: It is the desire to be with others and have harmonious and satisfying relationships with them. 2. Need for Approval: It is the need for approval
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1. Define at least 5 key concepts underlying structures of cultures. Answer: Speed of messages: It is the matter of how long a message can be understood or how long does it take to understand a person. Messages interactions can be in different speeds depending upon culture. Context: The concept is different in different cultures‚ so a balance is necessary for interacting within each culture. It’s the matter of how much relevant information is in the message‚ and already understood by both
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There are many psychological disorders that we have studied through the years. The categories for most of them are anxiety‚ personality‚ and dissociative disorders. The one that has helped identify the majority of criminals is antisocial personality disorder. This disorder is one that develops early in people‚ as early as the age of three‚ and as stated before can lead the person to become a criminal. However‚ if the person who has this disorder is raised well he could end up being a hero of
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Critically evaluate the utility of the psychological contract for understanding the contemporary employment relationship. (2500 Words) Introduction Up until the 1990’s the psychological contract didn’t get a lot of research literature‚ whereas more recently it has become increasingly popular‚ and vast in both volume and critique. It is suggested that this blossoming of research is because of fundamental changes in the workplace‚ commonly referred to as the ‘new deal’ (Sparrow 1999). The traditional
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Psychological Testing Beatrix Bengtson PSY/475 June 9‚ 2014 Dr. Fred Previc Psychological Testing Psychological testing is the answer to many questions humans have about a manifold of issues. Testing will give a better view onto a problem‚ helps to solve issues‚ and reliably displays an array of information needed in everyday life. To dip a bit deeper into psychological testing the following text will attempt to graze upon some fundamental aspects of psychological testing‚ such as the major
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