in Strategic Management Chapter 3: The External Assessment Submitted by: Stephanie Rose Capule Melody Ferrer Divine Grace Jasa Claudine Martinez Wendy Pangilinan Mark Angelo Santiago Julma Tumibay Mktg 4-2 Submitted to: Mr. Jamilton Esguerra Chapter Objectives: After studying this chapter‚ you should be able to do the following: 1. Describe how to conduct an external strategic-management audit. 2. Discuss 10 major external forces that affect organizations: economic
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after demanding their fund . So‚ study of finance and its tool is very important. Internal and External Source of Finance Internal source of finance: comes from the trading of the business. External source of finance: comes from individuals or organisations that do not trade directly with the business e.g. banks. Internal source of finance tends to be the cheapest form of finance since a business does not need to pay interest on the money. However it may not be able to generate the sums of money
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Internal Recruitment The assessment of an employer’s current staff to ascertain if any current employees are sufficiently skilled or qualified to perform required job vacancies. When a business engages in internal recruitment‚ a current employee might be reassigned to the new position by giving them either a promotion or an internal transfer. Advantages of Internal Recruitment Reduced Recruiting Costs There are costs associated with recruiting‚ especially when your search is conducted outside of
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UNDERSTANDING INTERNAL CONTROLS A Reference Guide for Managing University Business Practices Understanding Internal Controls Table of Contents INTRODUCTION .................................................................................................................................................................1 OBJECTIVES ......................................................................................................................................................................1
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Chapter 10: Internal Selection Preliminary Issues The Logic of Prediction -indicators of internal applicants’ degree of success in past situations (previous job/current job in an org.) should be predictive of their likely success in new situations (internal vacancy via org’s transfer or promotion system) -Most valid selection measures: Biographical Data‚ Cognitive Ability Tests‚ Work Samples -Although logic of prediction & likely effectiveness of selection methods are similar for both
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striking expressions without acknowledgement in a manner which may deceive the reader as to the source is plagiarism; to paraphrase in a manner which may deceive the reader is likewise plagiarism. Where such copying or close paraphrase has occurred the mere mention of the source in a bibliography will not be deemed sufficient acknowledgement; in each instance it must be referred specifically to its source. FOR OFFICE USE ONLY Date Received: Date sent for Assessment: Activity A No of words
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Chaminade University of Honolulu Date (May 3April 17‚ 2013 Motivation Motivation plays a key role in the daily lives of most people. A well-motivated individual will be more attentive‚ efficient‚ hardworking‚ and happy. So what leads a person to be motivated? How can one obtain motivation? Maintain it? How is having a personal drive‚ or goals motivators for you in the work place or private life? When we look at what drives people to satisfy needs‚ there are two things that aid‚ and that is having intrinsic
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Why do companies need a strategy? Strategy is very important for a business. Without a strategy an existing business can drift away from its customers and become uncompetitive with its environment and eventually the business will stop making profit. This is known as strategic drift. In other words‚ having a strategy is a way to remain competitive or it is a way of forcing a strategic change when an organisation has drifted away from its environment and is staring to fail. Lately‚ these strategic
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killed every year. Officers are made to enforce the law‚ and protect the citizens from harmful situations‚ not to use force indiscriminately in situations that could be managed in many other ways. The topic of police brutality needs to be brought up more as a situation that needs to be fixed and addressed by the public and government-like figures. Many of the police brutality reports have said to be based a lot on race. In new York alone 80% of the documented cases were in Black and Latino parts of
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drives and motives” (Huczynski and Buchanan‚ 2007 p.242). Maslow’s view was that “individuals had to satisfy lower level needs before seeking to satisfy higher level needs” (Cole‚ 1995 p.71). Maslow’s (1943) hierarchy was identified as eight steps but was broken down to five‚ with highest needs at the top and lowest needs at the bottom (Mullins‚ 2010). Each stage has a set of needs that motivates employees. Managers should understand how to motivate their employees‚ consequently improving productivity
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