Gujarat University‚ Ahmedabad – MBA Programme Details of the Courses Offered Annexure E Course Code: C101 Economics for Managers (EFM) 1. Course Objective This course is designed to impart knowledge of the concepts and principles of Economics‚ which govern the functioning of a firm/organisation under different market conditions. It further aims at enhancing the understanding capabilities of students about macro–economic principles and decision making by business and government. 2. Course Duration
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Critically compare the concepts of equal opportunities and sports equity in British sport This paper aims to compare the ideas of equal opportunities and sports equity with regard to sport in Britain. Within this structure‚ there will be particular emphasis on the theoretical approaches that are used to look at equality in British sport. A key part of this comparison is the study of (social) equality; this includes formal‚ radical and liberal interpretations of equality. The arguments and suggestions
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competitive world‚ nowadays‚ managers play a crucial role in remaining operations of companies. With increasingly rapid changes in the technology‚ culture and economy‚ a manager is put on a lot of pressure to ensure that the company is run in an effective way. A successful manager operates as catalysts‚ enablers‚ developers and coaches to help others make decisions instead of making them all themselves (Mitch McCrimmon‚ 2010). As Dario Priolo (2011) said‚ an "effective" manager takes responsibility for
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chief executive has to maintain his position of a leader of the organisational management. Apart from the efficiency of the organization top executive has to be equally concerned about satisfaction of employees‚ their welfare‚ their development which will create an impact on the society and their morale. Managerial skills that help in building an institution or organization the skills of the top executive are broadly categorized as follows: i) Identity Creating Role: You create a special place
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Managers have to satisfy the customers by all means like supervising the point of sales. There are various responsibilities which a professional manager has to perform. The very first responsibility is towards the customers. Managers have to satisfy the customers by all means like supervising the point of sales etc. Managers are also responsible towards the employees like giving them pays on time etc. It is the responsibility of the manager to provide a professional atmosphere to the employees
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Power in organizations: A look through the TQM lens Carson‚ Paula Phillips‚ Carson‚ Kerry David‚ Knight‚ E Leon Jr‚ Roe‚ C William. Quality Progress. Milwaukee: Nov 1995. Vol. 28‚ Iss. 11; pg. 73‚ 6 pgs Copyright American Society for Quality Control Nov 1995 IN A TOTAL QUALITY ENVIRONMENT‚ THE empowered employee alters the traditional supervisor-subordinate relationship. Instead of passively executing orders‚ empowered employees assume both the responsibility and authority necessary to anticipate
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importance of interpersonal skills: • Practicing managers have long understood the importance of interpersonal skills to managerial effectiveness. • Until the late 1980’s business school emphasized the technical aspects of management‚ specifically focusing on economics‚ accounting and quantitative techniques. • Over the past two decades‚ however business faculty have come to realize the importance that understanding of human behavior plays in determining manager’s effectiveness.
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MySpace Opportunities Founders’ experience Chris DeWolfe and Tom Anderson were able to recognize the opportunity for MySpace due to their previous experience in the expanding Internet market. They both grasped a firm understanding of the Internet advertising market while working together for almost three years on projects that both failed and succeeded. After working at first for Xdrive‚ an Internet data-storage company that fell victim to the dot-com bubble burst‚ DeWolfe and Anderson learned a
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Opportunity cost Have you ever been in the situation deciding which cloth to buy? Have you ever facing the dilemma of to study or to play? Have you ever consider as a seller and choose to lower the price or raise it? In the field of economics‚ here’s a solution for you. The magic word is “opportunity cost”. Opportunity cost in terms of economy is the highest-value alternative one has to give up to engage in an activity. In other words‚ using the same resources such as money and time‚ the best
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systems. From an operational standpoint‚ the majority of IT manager responsibilities involve testing the integrity and performance of various information networks and software applications. Of course‚ since technology tends to evolve rather quickly‚ the IT manager must also periodically review and evaluate how current systems and applications are meeting the needs of the company or organization. This means that a successful IT manager should be able to identify and implement new technologies to
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