ALCAR approach: the Alcar Group Inc. a management education and software company‚ developed an approach to VBM which is based on discounted cash flow analysis Determinants of shareholder value: according to Alfred Rappaport author of creating share holder value; a guide to managers and investors‚ who is regarded as father of share holder value‚ the following seven factors called “value drivers” affect shareholder value 1. Rate of sales growth 2. Operating profit margin 3. Income tax rate 4. Investment
Premium Depreciation Net present value Generally Accepted Accounting Principles
also known as "Taylorism" was founded by Frederick W Taylor in 1912 where he defended for his new management system which was not approved by the authorities that time (1996‚35). This system was first designated by the names "piece-rate system" and "task system". This century-old system has been modified countless times throughout history and it changed the way the management had ever been. Servicing has become so important nowadays that it is generally accepted that almost every product has service
Premium Management Scientific management Frederick Winslow Taylor
System approach theory A system is a combination of things or parts forming a complex or a unitary whole aimed at working together to achieve a common purpose. This approach was used to integrate various management schools; it mainly aimed at job managing. With this approach‚ an organization was to divide itself into manageable systems forming a whole so as to be able to fully increase the workers’ productivity and issues for successful results. Managing jobs and provide a framework for visualizing
Premium Management Organization
123 The Managerial approach Origin and Values The managerial approach was originated from the civil service reform movement which requested the idea of “businesslike manner” in public administration. The three core values of managerial approach addressed by Woodrow Wilson are the idea of “maximaization” in three aspects — effectiveness‚ efficiency and economy. With regard to the maximaization of effectiveness‚ it is talking about what the government can do in successful and proper ways
Premium Public administration Bureaucracy Max Weber
Media and Anti-Corruption In some countries‚ such as Bulgaria‚ Macedonia‚ Bosnia Herzegovina‚ and Albania to a much lesser extent‚ the independent media has brought to the fore numerous corruption cases‚ exposing high officials. It has also been a major force behind mobilizing public opinion against corruption‚ as in the case of Bulgaria. At the same time it has exerted indirect pressure on the respective governments to take steps to limit corruption practices. The Bulgarian independent
Premium Mass media Serbia Bosnia and Herzegovina
WRITING TASK 2: People nowadays work hard to buy more things. This has made our lives generally more comfortable but many traditional values and customs have been lost and this is a pity. To what extent do you agree or disagree? You should write at least 250 words. [Đề này lấy từ quyển CAMBRIDGE INSTANT IELTS‚ trang 95] I. INTRODUCTION: Phần mở bài‚ nên có: 1. Topic sentence(s): viết lại y của đề bài. Nhưng quan trọng là không copy y chang từ của đề‚ mà phải ‘biến tấu’
Premium Energy development Alternative energy Wind power
Leadership Approach for Team Members University of Phoenix March 4‚ 2013 Leadership Approach for Team Members Mr. Peck‚ my team is comprised of four members. After taking the Jungian’s 16-Type Personality Self-Assessment‚ each member has identified their personality and possible career choices and has shared it among the group. Each member’s classification is discussed in this paragraph. Team member 1‚ scored ENTP. Under the analysis and interpretation each member’s classification
Premium Leadership
Actes du GERPISA n° 26 37 TOYOTA MOTOR MANUFACTURING AUSTRALIA IN 1995: AN EMERGENT GLOBAL STRATEGY Takahiro FUJIMOTO The purpose of this paper is to describe and analyze the manufacturing operations of Toyota Motor Manufacturing Australia Ltd.‚ an Australian subsidiary of Toyota Motor Corporation‚ from the point of view of “emergent global strategy”. It is based on an exploratory case study. In the field of strategic management‚ the notion of “strategy as plan” has been a prevalent
Premium Toyota
1) Biological Approach The Biological approach studies the relationship between behavior and the brain and nervous system. Theorically all behavior can be related to changes in brain activity. Because brain is the processing centre that controls all complex behavior. One of the main assumptions of the biological approach is that all behavior is associated with changes in brain function. Therefore the psychopathology will occur due to changes in either the structure if related to changes in the
Premium Psychology Brain Neuron
BEHAVIORIAL APPROACH I want to use behaviorist approach to explain the time I taught my dog how to sit and play tricks. Behaviorism is an avenue in psychology‚ which has associates with elements of reasoning‚ process‚ and theory. It started in the early twentieth century as a reaction to "mentalist" psychology‚ which often had difficulty making predictions that‚ could be tested using rigorous experimental methods. The primary precept of behaviorism‚ as embodied
Free Behaviorism Operant conditioning Psychology