Corporate Culture The culture of an organization is the set of values‚ beliefs‚ behaviors‚ customs‚ and attitudes that helps its members understand what the organization stands for‚ how it does things‚ and what it considers important"(Griffin‚ 49). In other words‚ "the way things work around here" (Dr. Williams). In order for any small business or large corporation to be successful‚ the employees must understand what is expected of them. While things might be slightly different in a large corporation
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THE INDIAN BANKING INDUSTRY The last decade has seen many positive developments in the Indian banking sector. The growth in the Indian Banking Industry has been more qualitative than quantitative and it is expected to remain the same in the coming years. Based on the projections made in the "India Vision 2020" prepared by the Planning Commission‚ the report forecasts that the pace of expansion in the balance-sheets of banks is likely to decelerate. The total assets of all scheduled commercial banks
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Organizational culture are visible in artifacts‚ exhibited in the manner of dressing‚ patterns of behavior‚ physical symbols‚ organizational ceremonies‚ and even office lay-out. Please cite one established foreign company (multinational corporation) and one local (publicly listed) company that strongly communicates as seen in the employees’ performance and delivery of the customer experience. The foreign company which I think strongly communicates corporate culture
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Utilising the video case study of Egg Finance’ (Slave Nation‚ Channel 4)‚ critically examine the extent to which corporate culture is used as an effective tool for the achievement of organizational goals. Corporate Culture is widely used in many organisations and has a variety of definitions. It has been defined by Koozes‚ Caldwell & Posner cited by Moorhead/Griffin‚ (1989:494) as: "a set of shared‚ enduring beliefs communicated through a variety of symbolic media‚ creating meaning in people’s
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good natured‚ kind at heart‚ forgiving and respectful. she cannot sacrifice anything for her family. she’s selfless and loving. she hides her talent‚ ambitions and dreams for her family.... mother’s are also very supportive. they‚ while playing the role of a wife behave as a pillar of strength and courage for their husbands. in Hindu mythology the are considered to be avatar of goddess laxmi that is the goddess of wealth. but at the same time in Hindu mythology the woman is considered weak and inferior
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ROLE OF CRM IN BANKING ABSTRACT Banks play an important role in the economic development of developing countries. The traditional functions of banking are limited to accept deposits and to give loans and advances. Today banking is known as innovative banking. Information technology has given rise to new innovations in the product designing and their delivery in the banking and finance industries. Customer services and customer satisfaction are their prime work. Current banking sector
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Corporate culture is the behavior of humans who are part of an organization and the meanings that the people attach to their actions. It includes the organization values‚ visions‚ norms and habits. It affects the way people and groups interact with each other‚ with clients‚ and with stakeholders. . Cоmpаrеd to Burеaucracy‚ which hаs writtеn‚ inflexible rulеs and consists of systems of administrations distinguished by its clear hierarchy of authority; corporate culture represents the personality of
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Contents 1. Introduction 2 2. Industry Analysis 3 2.1 Industry Background 3 2.2 PEST (EL) analysis 4 2.2.1 Political 4 2.2.2 Economic 5 2.2.3 Social-Cultural 8 2.2.4 Technological 10 2.2.5 Environmental 11 2.2.6 Legal 11 2.3 Summary of the PESTEL analysis 11 3. Porter’s Five Forces on retail banking industry. 12 3.1 Rivalry among Existing Companies 13 3.2 Entry barrier 14 3.3 Supplier power 16 3.4 Buyer power 17 3.5 Availability of Substitute products 19 3.6
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The banking industry is the backbone of any monetized economy. The stage of development of this industry is a good reflection of the development of the economy. The banking industry in India is governed by Banking Regulation Act of India‚ 1949. Since 1949‚ this sector has undergone phenomenal reforms due to the efforts and the vision of the policymakers. The first phase of reform began with nationalization of the 14 banks in 1969. At this stage‚ priority sectors were identified and banking support
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being the largest. Barclays Kenya was listed in the Nairobi Stock Exchange in 1986. 1.3 Statement of the problem In the Banking industry‚ a major challenge has been recruiting candidates with the right academic qualifications‚ experience and who can be trained on the job to become a company asset. The researchers’ desire is to find out the factors that affect banking industries in the recruitment process. 1.4 Objectives of the study 1.4.1 General objectives The general objective of the study was
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