credit card industry‚ it has the highest non performing assets (NPAs) in the industry‚ which stand out to be at 16.28 % (Dec 2007). Modernisation: SBI lags with respect to private players in terms of modernisation of its processes‚ infrastructure‚ centralisation‚ etc. Opportunities: Merger of associate banks with SBI: Merger of all the associate banks (like SBH‚ SBM‚ etc) into SBI will create a mega bank which streamlines operations and unlocks value. Planning to add 2000 branches and 3000 ATMs in
Premium Bank Retail banking
without trusting his subordinates. He is extremely afraid of making mistakes. His strong one-man approach has been applauded by his company headquarters in Kuala Lumpur. That has been motivating him to control the estate as his own way. 2. Centralisation Decision Making Approach Mr. Lok never delegates tasks to others. He has to do a lot of administrative work such as opens all the mail and answers all letters personally. He also supervises the paying out of the labour force‚ including the contract
Premium Decision making Management Organizational studies and human resource management
Division of work. 2. Unity of command. 3. Unity of direction. 4. Scalar chain 5. Espirit de corpse 6. Fair remuneration to all. 7. Order. 8. Equity. 9. Discipline 10. Subordination of individual interest to general interest. 11. Initiative. 12. Centralisation and decentralisation. 13. Stability of tenure. OR They may enquire into the application of scientific management techniques by F.W.Taylor in the unit visited. Scientific techniques of management. 1. Functional foremanship. 2. Standardisation
Premium Management Observation High school
Henri Fayol (1841-1925) Principles & Functions of Management Henri Fayol‚ a French engineer and director of mines‚ was born in a suburb of Istanbul in 1841‚ where his father‚ an engineer‚ was appointed Superintendent of Works to build a bridge over the Golden Horn. They returned to France in 1847. Fayol studied at the mining school "Ecole Nationale Supérieure des Mines" in St Etienne. At nineteen years of age he started as an engineer at a mining company "Compagnie de Commentry-Fourchambeau-Decazeville"
Premium Management
What did Georg Simmel seek to demonstrate through his “formal” sociology? Georg Simmel (1858 - 1918) was living in Berlin at a time when Sociology was beginning to form as a science‚ most notably with the work of Comte setting up the positivist methodology of studying society. In the intellectual world he was an outsider and struggled‚ becoming a full professor without a chair only in 1901. Through formal sociology Simmel was proposing an alternative way of thinking to his contemporaries.
Premium Sociology
Question 1: Market Analysis and Market Entry Strategies (35 Marks) By analysing Market analysis‚ factors affecting competitive rivalry: this is one of the factors emerging from the Porters five forces model can help in strategic development issues such as Differentiation: providing quality products and services when compare to the others‚ such as whole foods store in London positioned itself as a food retailer emphasising fresh and organic food‚ access to distribution channels: this helps in market
Premium Strategic management
In 1961 Tesco Leicester entered the Guiness Book of Records as the largest store in Europe and in 1968 Tesco opened its first ’superstore’ in Crawley‚ West Sussex. Supermarkets revolutionised the way people shopped and by the 1970s Tesco was building a national store network to cover the whole of the UK‚ which it continues to expand to this day‚ while also diversifying into other products. In 1974 Tesco opened its first petrol stations‚ and would become the UK’s largest independent petrol retailer
Premium Tesco
HND BUSINESS UNIT 3 – ORGANISATIONS & BEHAVIOUR L01 Report on Burberry CONTENTS Page Task 1 – Understand the relationship between organisational structure and culture Executive Summary……….…….……………………………………………………………………………………..…………….1 1.1 Compare and contrast organisational
Premium Organizational culture Organizational structure Organizational studies
work. 2. Unity of command. 3. Unity of direction. 4. Scalar chain 5. Espirit de corpse 6. Fair remuneration to all. 7. Order. 8. Equity. 9. Discipline 10. Subordination of individual interest to general interest. 11. Initiative. 12. Centralisation and decentralisation. 13. Stability of tenure. OR They may enquire into the application of scientific management techniques by Following essentials are required to be fulfilled for its preparation and submission. 1. The total length of
Premium Coca-Cola Pepsi Cola
‘Explain the ideas and policies which link the modern Labour Party to socialism’. (10 marks) Socialism is the economic system based on cooperation rather than competition of businesses which utilizes centralized planning and redistribution of wealth. Industry is state owned and therefore companies have government monopolies on them which results in no competition. Industries are redistributed though the state to achieve a fairer society. Traditional Labour values were indeed a form of socialism
Premium Labour Party Socialism Tony Blair