Cost Definition: A actual amount that has to be paid or given up in order to get some thing. In business cost is usually a monitory valuation of * Effort * Material * Resources * Time * Utilities consumed * Risk incurred * Opportunity foregone in a product. * Delivery of goods or services. * All expenses and cost Classification of cost Purpose of classification | classification | Preparing External Financial statements | Product classification (Inventoriable)
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Telephone Customer Service Representatives 1. How do you interpret the reliability results for the clerical test and work sample? Are they favorable enough for the company to consider using them “for keeps” in selecting job applicants? A. Clerical Test Coefficient alpha is high (.85‚ .86). This is a positive sign. Test-retest reliability is also high (.92). B. Work Sample (T) Inter-rater agreement is relatively high (88%‚ 79%) C. Work Sample (C) Inter-rater agreement
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MBA(EXECUTIVE) Ist Semester MANAGERIAL ECONOMICS Assignment-1 Q.1 Is managerial economics positive or normative? Analyse the relationship between managerial economics and decision making. Q.2 What are the various factors which may influence the demand for Intermediate goods‚ public goods‚ club goods and complimentary goods? Q.3 Why is demand analysis significant for management? Identify various concepts of demand relevant for various functional areas of management. Q
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ORGANIZATIONAL BEHAVIOUR NOTES I. TOPIC 1: What is organizational structure? Key topics under structure: a) 6 elements of structure b) Org. design c) Models of structure d) Factors affecting org structure e) Global implication ORGANIZATIONAL STRUCTURE- refers to the way in which job tasks are formally‚ divided‚ grouped or coordinated. OR The formal system of task and reporting relationships showing how workers use resources. A. 6 elements of structure:
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APPROACHES TO ORGANIZATIONAL BEHAVIOUR Organizational behavior‚ relates to the relationship between employees and the employers in an organization. Both are working towards the realization of the goals and objectives of any organization‚ and a close and fruitful coordination between the two is one of the major factors towards this realization. Organizational behavior approaches are a result of the research done by experts in this field. These experts studied and attempted to quantify research done
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THE ESSENCE OF ORGANIZATIONAL BEHAVIOUR A definition of organizational behaviour ‘The study of the structure‚ functioning and performance of organizations‚ and the behaviour of groups and individuals within them’ (Pugh‚ 1971). Characteristics of organizational behaviour (Ivancevich et al‚ 2008) ● It is a way of thinking about individuals‚ groups and organizations. ● It is multidisciplinary. ● There is a distinctly humanistic orientation. ● It is performance-oriented. ● The use of scientific
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Perception defined. - People’s behaviour is based on their perception‚ not on reality itself - perception is how individuals select‚ organize‚ and interpret their sensory impressions and make sense of their environment Why we study perceptions? - to better understand people make attributes about events ( how people interpret events and then react to them or judge them - we don’t see reality we interpret what we see and call it reality - three factors influencing perception -
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| 9/6/2012 | | | | Assignment 1Organizational Behaviour | | | | | | Kylie Diergaardt {200814893) | ORGANIZATIONAL BEHAVIOURMAIN ASSIGNMENTSEMESTER TWO (2) | Assignment 1 Organizational Behaviour Mr. Nepembe has come a long way and is an inspiration to those who are discouraged and hopeless. He has turned the worst experience into something positive and is ploughing it back into his community. Subsequent to his jail term he realized that it is not what he wants to do with his
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Interdisciplinary Approach Organizational behaviour is basically an interdisciplinary approach. It draws heavily from other disciplines like psychology‚ sociology and anthropology. Besides‚ it also takes relevant things from economics‚ political science‚ law and history. Organizational behaviour integrates the relevant contents of these disciplines to make them applicable for organizational analysis. e.g. it addresses issues‚ which may be relevant to the case‚ such as the following: • What facilitates
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What is Organizational Behaviour? Organizational behavior is a field of study that investigates the impact that individuals‚ groups and structures have on behavior within an organization for the purpose of applying such knowledge towards improving an organization’s effectiveness.[1] It is an interdisciplinary field that includes sociology‚ psychology‚ communication‚ and management; and it complements the academic studies of organizational theory (which is focused on organizational and intra-organizational
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