The most critical issue currently facing management‚ in my opinion‚ is the economy. The nation’s current economic standing is requiring companies to operate under tight financial constraints. I chose this topic simply because it is evident‚ through reports of huge job cutbacks and closings of several stores and manufacturing plants‚ that companies are suffering. It appears the global economy is moving towards a recession. The economic standing of the United States has changed drastically
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our need of energy. It is due to lack of awareness of entrepreneurship that how much it is important for our country. How it can help in improving economy of Pakistan. Many international surveys rank Pakistan was one of the most corrupt countries in the world. Entrepreneurs are cautioned. Although it has strong potential to be an entrepreneur’s efforts to become wealthy over might‚ without having to move up to the ladder gradually this overconfidence and lack of understanding for the proper business
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“All managers should be leaders‚ but not all leaders should be managers.” Do you agree or disagree with this statement? Support your position. Yes‚ I agree about that. Let’s talk about what is manager and what is leader first? Manager is someone who coordinates and oversees the work of other people so that organization goals can be accomplished. Leader is someone who can influence others and who has managerial authority. There is difference between leaders and managers. Managing is about efficiency
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Q3. What tools does Walmart use to motivate employees? How might a lack of motivation affect associates and how should managers respond? Give me a W! Give me an A! Give me an L! Give me a squiggly! Give me an M! Give an A! Give me an R! Give me a T! What’s that spell? Walmart! Whose Walmart is it? It’s my Walmart ! Who’s number one? The customer! Always! The good times continue at Walmart‚ and so do hard work and achievement. For many employees‚ seeing peers rewarded for a job well done proves
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Entrepreneurs have many of the same character traits as leaders‚ similar to the early great man theories of leadership; however trait-based theories of entrepreneurship are increasingly being called into question. Entrepreneurs are often contrasted with managers and administrators who are said to be more methodical and less prone to risk-taking. Such person-centric models of entrepreneurship have shown to be of questionable validity‚ not least as many real-life entrepreneurs operate in teams rather
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stimulating the people’s behaviour can be - * desire for money * success * recognition * job-satisfaction * team work‚ etc | One of the most important functions of management is to create willingness amongst the employees to perform in the best of their abilities. Therefore the role of a leader is to arouse interest in performance of employees in their jobs. The process of motivation consists of three stages:- 1. A felt need or drive 2. A stimulus in which needs have to be aroused
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Managing a team’s relationship takes a lot of dedication and hard work. It is very important to have a good relationship because you can better understand each other and get a lot accomplished as a team. The two most unhelpful behaviors are being disruptive: making inappropriate jokes or remarks and complaining and criticizing. When working on a very important project as team for someone to be making inappropriate jokes or remarks is very rude and disrespectful‚ because it interferes with work and
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A Paper Presentation on ROLE OF NEW AGE ENTREPRENEURS IN SHAPING INDIA Submitted by SHASHANK S SHENOY‚ PGDM‚ MATS Institute of Management & Entrepreneurship‚ Bangalore Email: mime.12.shashanksshenoy@gmail.com SUMANLATA SINHA‚ PGDM‚ MATS Institute of Management & Entrepreneurship‚ Bangalore Email: mime.12.sumanlata@gmail.com MATS Institute of Management & Entrepreneurship (Approved by AICTE‚ New Delhi) Jakkasandra Post‚ Kanakapura Taluk‚ Ramanagara Dist - 562112‚ Karnataka
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ID: 100321 1st Session: Creativity 1st Task The Most Creative Business Idea “Curiosity about life in all of its aspects‚ I think‚ is still the secret of great creative people” – Leo Burnett Creativity is defined as the tendency to generate or recognize ideas‚ alternatives‚ or possibilities that may be useful in solving problems‚ communicating with others‚ and entertaining ourselves and others (Franken R.E‚ 1998). Creativity is the ability to generate innovative ideas and manifest
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need for staff members with a variety of knowledge‚ skills and experience to produce the products and services that are needed or desired by consumers. Each job has specific requirements. Anyone who is capable of meeting those requirements become effective in job performance. These requirements are in the form of various technical and behavioural skills‚ and hotels around the world are struggling to attract and retain qualified workers as skilful workers are essential to provide good quality services
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