Today there is a lot of talk about compensation‚ its cost to the organization and the company’s return on its compensation investment. As a result‚ a variety of new pay systems have been developed‚ each with its own objectives‚ benefits and risks. Some companies have already installed new pay plans‚ and many more are considering it. Strategic compensation planning allows an organization to focus on its strategic objectives and develop a comprehensive plan‚ considering base pay‚ short- and long-term
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COMPONENTS OF AN ORGANIZATION An organization is a group of individuals who work together to achieve a common objective/goal. For this to happen‚ the organization has to have elements which ensure its sustainability and success. These elements are: Common purpose Co-ordinated efforts Division of labor Hierarchy of authority Span of control Departmentalization Centralization and decentralization COMMON PURPOSE Common purpose is the means for unifying members. An organization without purpose soon begins
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Name: Layal Ayoub Course: Managing The Global Corporation Prof: Akel Kayrouz Organization Structure And Control System Adopting the appropriate organization structures to effective strategy implementation is very important to the company’s development. Companies change their structures to align with new strategic directions and competition and also to respond to development in their operating environment‚like Samsung for example who has been badly hit by the global economic downturn so it has
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Features of an organization Aggregation of Human beings: Organization is an identifiable aggregation of human beings. The identification is possible because human group is not merely a number of persons collected at London‚ but it is a group of persons who are interrelated. The identifiable group of human beings determines the boundary of the organization. Such boundary separates the elements belonging to the organization from other elements in its environment. Deliberate and conscious Creation:
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Gave a Detail account of the silent features of the British Constitution Introduction: The English Constitution has made a great circuit of the globe & has become a common possession of civilized man. (G. B Adams) A Constitution means certain principles on which the Government of the State is organized & which determines the relations between the people & the Government the Constitution of British is unique in nature & has provided inspiration for a number of other constitutions in the world
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Machine Organization Components of the System Unit The Machine Cycle 1. Retrieve the next instruction from memory (as indicated by the program counter) and then increment the program counter. Execute Fetch 2. Decode the bit pattern in the instruction register. Decode 3. Perform the instruction required by the instruction in the instruction register Basic Organization of Microcomputers CPU CU INPUT OUTPUT REGISTER FILE MEMORY ALU CPU Central Processing Unit The
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2012 AGENDA: What is an organization Ways of looking organizations Organizational Design‚ Organizational Structure Organizational Design and Strategy Organizational Design and Technology Organizational Design and Environment Organizational Trend ORGANIZATION ??? A tool used by people to coordinate their actions to obtain something they desire or value A response to and a means of satisfying some human needs A value creation systems that take inputs from the
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03/04/2012 . Table of contents: ---&&&--- Unit 1: Company Structure 3 Unit 2: Management and cultural diversity 6 Unit 3: Marketing 8 Unit 4: Pricing 11 Unit 5: Arbitration 17 Unit 6: International Trade 20 Unit 7: Banking 24 Unit 8: Financing International Trade 28 Unit 9: Financial Statements 30 Unit 10: M&As ( Mergers and Acquisitions)……………………………………33 Unit 1: Company structure I. EXERCISES: 1. Before you read: a. Volcabulary: 1. C 2. E
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Organization structure refers to the method which the organization utilizes to distribute its workers and jobs across the organization so that the tasks of the organization can be performed and the goals of the organization be achieved. Therefore‚ there exists a number of such structures e.g. divisional‚ multidivisional‚ matrix or functional structure. This paper evaluates the usefulness of functional and multidivisional structures. Gareth Jones (2007) defined the organizational structure as the
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Organization structure Organization structure is the formal pattern of interactions and co-ordination designed by management to link the tasks of individuals and groups in achieving organizational goals Organization structure consists of four elements: ❖ The assignment of task and responsibilities that define the jobs of individuals and units. ❖ The clustering of individual positions into units and of units into departments and larger units to form an organizations hierarchy. ❖
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