India during the ’great recession’ India during the ‘Great Recession’ Introduction: Economists called the financial crisis of the 2007 - 2009 as the “Great Recession”‚ since it is a critical factor and vital cause for the failure of many businesses and significant influencer that has worsened many economies. After US busted out the housing bubble‚ this raised the rates of sub-prime and mortgage rates. India‚ the country which is fully an export driven economy like many other countries‚ the GDP
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Training Managers to Improve Employee Retention The goal of virtually every business operating today is essentially the same: to make money. When it comes to the fine art of turning a profit‚ there are as many different factors that influence whether or not a company makes money as there are ways to make it. All successful companies begin by hiring people who best fit the position‚ and in the modern-day world of business‚ a considerable amount of time‚ effort‚ or money is invested in this endeavor
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With reference to different types of performance appraisal‚ discuss how effectively performance appraisal meets the needs of the employer and the employee. “Performance appraisal” is a discrete‚ formal‚ organizationally sanctioned event‚ usually not occurring more frequently than once or twice a year‚ which has clearly stated performance dimensions and/or criteria that are used in the evaluation process. Furthermore‚ it is an evaluation process‚ in that quantitative
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human. Human resource is the pillar of every organization. They are led by managers who control‚ plan‚ coordinate‚ direct lead and organize other resources to achieve the objectives of that establishment. The job of a manager in the workplace is to get things done through employees. To do this the manager should be able to motivate employees adequately. By observing what someone says or does in a given situation‚ one can draw reasonable inferences about his or her underlying motivation. Motivation
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Employee Motivation Theories and Concepts XXXX for Professor XXXX WRT 312 (Critical Analysis & Research Writing) Employee motivation theories and concepts Numerous theories on the subject of employee motivation have been developed and published for the better part of this century. While early employers thought of their workers as just another input into the production of goods and services (Lindner‚ 1998)‚ employees were becoming increasingly dissatisfied with working conditions and
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motivation theory is concerned with the processes that describe why and how human behavior is activated and directed. They try to explain why people make the decisions that they do and how they motivate themselves and others to improve behavior. There are two different categories of motivation theories such as content theories‚ and process theories. Even though there are different motivation theories‚ none of them are universally accepted and each being unique. Overview of Motivational Theories Motivation
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dependent upon professional managers‚ who can bring success to an organization. Becoming a successful manager is not an easy task; a manager should make the right decisions for the company and have the ability to create a good working team between them. This essay will identify the qualities of a successful manager by referring to the difficulties faced and how to overcome them‚ personal experience and finally a conclusion. According to Rosemary Stewart (1960s)‚ “a manager is someone who gets things
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effects of effective communication on employee motivation and performance. Specifically‚ in intends to compare the results between service employees and manufacturing employees in terms of communication as a motivating factor. The theories used in this study to create a conceptual framework are Herzberg Two factor theory‚ Goal Theory‚ and the circular theory of communication. The concept is that when hygiene and motivator factors are high‚ goals can be developed‚ but can only be effective only if the message
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strengths and weaknesses of The Theory of Planned Behaviour model in predicting condom use to prevent sexually transmitted disease? Theory of planned behaviour is a theory that attempts to relate health attitudes directly to behaviour (Ajzen‚ 1991). This essay will discuss strengths and weaknesses of Ajzen’s theory of planned behaviour model in predicting condom use and to prevent sexually transmitted diseases. Sutton‚ McVey and Glanz (1999) used the theory of planned
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unnecessary workers. It can be spurred by new technologies or new business methods which render some of the workers redundant. It can also be spurred by simple desperation (budget crunches)‚ or by a desire to leave low-profit markets. If your company isn’t going to be selling widgets any longer‚ then all the workers involved in making and selling widgets become dead-weight in the organization. 2) People are used to being told what to do. The feel that once the learn how to do a given thing that
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