Leaders and Leadership What is leadership? Leadership is a special form of power‚ one that involves the ability‚ based on the personal qualities of the leader‚ to elicit the followers’ voluntary compliance in a broad range of matters. Leadership is distinguished from the concept of power in that it entails influence‚ that is‚ change of preferences‚ while power implies only that subjects’ preferences are held in abeyance (Etzioni‚ 1965). There are two approaches that we are going to discuss in this
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conducted’. It is not merely a place of exchange but an arrangement that provides an opportunity of exchanging goods and services for money. MODERN MARKETING: Modern marketing begins with the customer‚ not with production cost‚ sales‚ technological landmarks and it ends with the customer satisfaction and social well-being. Under the market-driven economy buyer or customer is the boss. DEFINITION OF MARKETING: The American Marketing Association defines
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Generally‚ the term cost of production refers to the ‘money expenses’ incurred in the production of a commodity. But money expenses are not the only expenses incurred on the production of a commodity. There are number of services and inputs such as entrepreneurship‚ land‚ capital etc.‚ which are offered by an entrepreneur without changing any price or receiving any payment for them. While computing the total cost of production‚ allowance should be made for such expenses. It is therefore essential
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COST CONCEPTS AND COST ACCOUNTING By: Aman Jawahar Sarika Deepak Muneer CONTENTS Concept of Cost Cost Accounting Terms in Cost Accounting Elements of Cost Meaning of Overheads Classification of Costs Methods of Costing Types of Costing MEANING: Cost Concept: The term ‘cost’ means the amount of expenses [actual or notional] incurred on or attributable to specified thing or activity. Cost means ‘the price paid for something’. Cost Accounting: Cost Accounting is concerned with recording
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ASSIGNMENT ON COST CONTROL AND COST FREDUCTION SUBMITTED BY‚ MOHAMMED NAFAISE E.K ROLL NO: 1600 COST CONTROLL & COST REDUCTION COST CONTROL The practice of managing and/or reducing business expenses. Cost controls starts by the businesses identifying what their costs are and evaluate whether those costs are reasonable and affordable .Then if necessary
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ASIAN CASE RESEARCH JOURNAL‚ VOL. 12‚ ISSUE 2‚ 161–186 (2008) ACRJ Superstar Leadersa This case was prepared by Abhishek Goel and Neharika Vohra of the Indian Institute of Management Calcutta as a basis for class discussion rather than to illustrate either effective or ineffective handling of an administrative or business situation. Please address all correspondence to Abhishek Goel‚ E-203‚ NTB‚ IIM Calcutta‚ Kolkata 700104‚ India or Neharika Vohra‚ Organizational Behavior Area‚ Indian Institute
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A leader is a person who influences a group of people towards the achievement of a goal. The types of leaders vary but in this case‚ we will be dealing with the religious and political leaders. A religious leader is one who is recognized by a religious body as having some authority within that body while a political leader is a person actively engaged in politics especially a full time professional member of a deliberate assembly. A political leader can also be a person who is experienced or skilled
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strength usually falls into one of two headings: • Cost advantage • Differentiation By applying these strengths in either a broad or narrow or narrow scope‚ three generic strategies result: • Cost leadership • Differentiation • Focus These strategies are applied at business unit level. They are called generic strategies because they are not firm or industry dependant. Cost Leadership: This generic strategy calls for being the low cost producer in an industry for a given level of quantity
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provide different insights on how leaders work in an effective manner (Alcorn‚ 2003: 106). Leadership styles and methods differ from each other‚ but effective leadership improves procedures of organizational diagnosis and communication within the workplace for the development of better and more reliable business performance. An effective leader is not confined or judged by styles and approaches used‚ but the impact and result of that leadership style. Effective leaders face fast-changing workplace
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Leaders of Today MGT 380 Bruce-Alan Barnard 26 January 2013 Leaders of Today I feel about the airplane much as I do in regard to fire. That is‚ I regret all the terrible damage caused by fire. But I think it is good for the human race that someone discovered how to start fires‚ and that it is possible to put fire to thousands of important uses. (Orville Wright) This quote may not make sense to those outside the United States Air Force‚ but to me it says
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