Abstract Managerial effectiveness is defined as the management ’s uses of organizational resources and the meetings of the organizational goals. Leadership‚ mentoring‚ effective communication‚ proper planning‚ organization‚ control‚ possession of skills‚ and teamwork are all fundamentals of becoming an effective manager. In the process of striving for the most valuable ways to become effective‚ a manager must obtain both‚ effectiveness along with efficiency. With all of these qualities under
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The three characteristics that will be discussed in this essay are motivation‚ communication and leadership. This essay will relate to relevant theories and theorist that have an association to any of the characteristics. The factors will be discussed in detail to portray how they can be used efficiently to create an effective work group and also how organisations will benefit from the outcomes of each individual in the team. Groups are a crucial feature of any company or organisation. If an organisation
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Assess critically three causes of the First World War The First World War began in Europe in 1914‚ after the assassination of Archduke Franz Ferdinand of Austria-Hungary. This trigger action caused the involvement of Germany‚ Russia‚ Serbia and Austria-Hungary. However‚ the war itself was caused by nationalism‚ alliances and Germany’s fear of encirclement. Nationalism was the central cause of World War One because‚ due to the nationalism of the Slavs‚ the Balkan states became a powder keg. Austria-Hungary
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university HRM role in recruitment & selection- MBSL Rajitha 11/6/2013 MSBL Ltd – Sri Lanka Vacancy: enter to recruitment process as a collective agreement of management and also compatible with organisational goals Helps to fill necessary vacancies at right time in a cost-effective manner MBSL‚ collect vacancy list from relevant department managers‚ analyse it with company objectives to fill adequate number of staffs
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EVALUATE THE WORK OF THE WTO. The WTO (World Trade Organisation) is an international body dealing with the global rules of trade between nations. The function of the WTO is to ensure that trade flows as smoothly‚ predictably‚ and freely as possible. The WTO members now account for over 97% of the international trade indicating that there is no other international organisation whose policies and actions have as wide an economic and social ramification and impact as the WTO. Decisions in the WTO
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“All Managers are HR Managers?” Executive summary: In this paper the relationship between managers and HR managers will be discussed with regard to some of the primary HRM practices‚ such as recruitment‚ performance appraisal‚ compensation and benefits‚ and training & development. The importance of HR to organizational success is discussed highlighting the importance of HR and its use as a strategic tool. Both HRM and management are reviewed and the interrelationship between the two is established
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State and explain 10 roles played by a manager in any given org A manager is a representative of subordinates‚ intermediary between work groups and top management. They serve to integrate an organization and the effectiveness depends on how well they co-ordinate. All the major ten managerial roles can be classified into three categories; interpersonal‚ informational and decisional. The figure-head role is the first of their interpersonal roles. They represent the organization in all matters of
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The strategic grouping concept is used in the grocery retail industry by managers and retail shop owners and researchers to not only develop a classification of strategy conducted in their industry but comparing over different time periods the competitive dynamics and evolution of an industry to be more clearly understood. It helps in creating more value for the customers and all stakeholders in that industry through the development of different strategic group market offerings. A strategic group
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THE ACCOUNTING REVIEW Vol. 86‚ No. 6 2011 pp. 2075–2098 American Accounting Association DOI: 10.2308/accr-10134 Judging the Relevance of Fair Value for Financial Instruments Lisa Koonce The University of Texas at Austin Karen K. Nelson Rice University Catherine M. Shakespeare University of Michigan ABSTRACT: We conduct three experiments to test if investors’ views about fair value are contingent on whether the financial instrument in question is an asset or liability‚ whether
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Introduction There are many theories regarding on what entrepreneur means. Entrepreneur was derived from the French word ‘entreprendre’ during the eighteenth century which means to undertake. It was during this time that it started evolving to the English word entrepreneur. Along the years‚ there were many theories on explaining what entrepreneur means. Different authors came up with different theories on what entrepreneur is defined as. This report shall look into the theoretical developments
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