PRINCIPLES OF MANAGEMENT III DEFINE ORGANIZATION; DISCUSS THE CHARACTERISTICS‚ IMPORTANCE AND ITS SIGNIFICANCE. INTRODUCTION: The word is derived from the Greek word ORGANON‚ itself derived from the better-known word ERGON which means "organ" – a compartment for a particular task. ORGANIZATION is the foundation upon which the whole structure of management is built. It is related with developing a frame work where the total work is divided into manageable components in order to facilitate the achievement
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It was 1793‚ when Eli Whitney invented the cotton gin. A cotton gin is a machine that quickly separates cotton fibers from their seeds. This allows for much greater productivity than manual cotton separation. Eli Whitney was born on December 8‚ 1765 in Westborough‚ Massachusetts. He died on January 8‚ 1825. When he was a child‚ he loved working in his father’s workshop. He’d take things apart‚ then put them back together again. (For example‚ a clock.) He worked on a Georgian Plantation when he was
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ORGANIZATION GROUP FLOW In an organization‚ communication flows in 5 main directions- 1. Downward 2. Upward 3. Lateral 4. Diagonal 5. External 6. Laissez-faire 1. Downward Flow of Communication: Communication that flows from a higher level in an organization to a lower level is a downward communication. In other words‚ communication from superiors to subordinates in a chain of command is a downward communication. This communication flow is used by the managers to
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Emerging Market Essay (Malaysia) Economic History (Pre-Independence) Malaysia is situated along the Straits Of Malacca‚ connecting the Indian Ocean with the South China Sea and Pacific Ocean so trading in this area has been around for centuries. Spices were the main goods traded in the 15th century and as the Malacca Sultanate grew from strength to strength‚ it eventually gained a monopoly on all trade passing through the straits1. The Straits Of Malacca is still one of the most vital shipping
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Emerging issues in Accounting Below is the list of some of the emerging issues we have seen recently. These emerging issues have raised many questions on the functioning of accounting around the globe. Continuing demand for skilled professionals Globalization and International Financial Reporting Standards (IFRS) The accountant and Corporate scandals. The call for Auditor rotation. Need for Global Code of ethics Technology advances We will discuss one of the emerging issues in details. We will
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Jagdish N. Sheth Impact of Emerging Markets on Marketing: Rethinking Existing Perspectives and Practices The core idea of this article is that five key characteristics—market heterogeneity‚ sociopolitical governance‚ chronic shortage of resources‚ unbranded competition‚ and inadequate infrastructure—of emerging markets are radically different from the traditional industrialized capitalist society‚ and they will require us to rethink the core assumptions of marketing‚ such as market orientation
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The organization‚ diction‚ and figurative language used‚ in "The Great Scarf of Birds"� prepares the reader for the speaker’s concluding response. The organization of the poem helps the reader to understand the importance of the event and prepares them for the speaker’s concluding response. The diction shows the reader that the event that is taking place is very important to the reader because of the vivid detail used by the author. The figurative language used in the poem helps to heighten the imagery
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Organization Early in human existence people learned that their individual efforts often fell short of success. They found that they were unable to accomplish many tasks that require more than individual effort. Therefore the necessity of group activity was discovered relatively early in human existence. Group activity could be aimed at some higher‚ more complex set of goals and could thus bring greater benefits to all concerned. This quality of group activity must be counted as one of the chief
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understanding on confidentiality. There are different types of confidentiality. It is the right of every parents/carer that information about them is respected‚ kept in confidence‚ safely‚ securely and in the accordance with the Data Protection Act 1998. A teaching assistant needs to understand how important it is to respect confidentiality if we went to gain and keep respect of other adults and parents in the settings‚ although it is the most difficult to maintain. There is also legislation about
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The Role of Student Protest in Indonesia in 1998 In 1998 was an unforgettable year in the history of Indonesia. The beginning of reform and social-political change. In 1998 Indonesia experienced economic and political crisis affecting the people of Indonesia marked by rising the poverty rate. With Indonesia ’s situation has worsened‚ Students as young intellectuals take steps on be half of the destiny of Indonesia. The role of students in protest againstt he ruling government at that time very
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