Definition. The definition of international business focuses on transactions. The use of this term recognizes that doing business internationally is an activity‚ not merely a passive observation. Closely linked to activity is the term “satisfaction.” It is crucial that the participants in international business are satisfied. Only if they feel they are better off after the transaction than they were before‚ will individual business transactions develop into a business relationship. IMPERATIVE
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A New Organization Olivia C. Rose MGT240-0902B-26 Unit 3 IP June 28‚ 2009 A New Organization As the new manager of the organization the first thing I would do to start making changes is show an increase in the companies’ profit margin. Secondly‚ all employees will need to be motivated and retrained. Through these changes‚ an increase in company’s financial status will increase as well as the moral. The company’s resources will have to be focused on the unsuccessful and outdated product lines
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their needs on one hand and to accomplish the organisation’s objectives on the other hand. Motivation is therefore seen worldwide as an inevitable panacea for increase productivity not only in the industrial or social setting but also in the institutions of higher learning. Psychologist‚ sociologist‚ anthropologist and management experts have propounded relevant theories buttressing the significance of motivation. Abraham Maslow (1954)1 in his hierarchy of needs theory opinion‚ “that an individual have
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1.0 INTRODUCTION 1.1 BACKGROUND Fiamma Holding Berhad (Fiamma) commenced its operations in a shop house in Johor Bharu in 1979‚ under Fiamma Sdn. Bhd‚ the first company of Fiamma Group. With only a stuff of five‚ the company marketed and distributed its own house brand of electrical home appliances in Malaysia under the name of ELBA & FABER. Despite is humble beginnings and small workforce‚ the company was big on ideas and growth plans. Within a short time‚ Fiamma expanded its activities
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Employee Motivation and Organizational Behavior What is Organizational Behavior? Organizational behavior can be defined as the systematic study of the behavior and attitudes of both individuals and groups within organizations Understanding how individuals and groups within organizations act and react with each other in everyday situations can be key to helping managers become more effective both in directing their own activities‚ the activities of their subordinates‚ and in working with others
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Factors Affecting Employee Motivation—What Management Needs To Know Abstract Employee motivation plays a critical role in employee performance and productivity. There are many factors that can affect this motivation‚ both positively and negatively. The purpose of this paper is to explain in detail the underlined factors that affect motivation and to through research provide evidence that will support my belief in how more effective employees are if they have the right motivation to perform. Also
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ijcrb.webs.com INTERDISCIPLINARY JOURNAL OF CONTEMPORARY RESEARCH IN BUSINESS A STUDY ON THE IMPACT OF REWARDS ON EMPLOYEE MOTIVATION IN THE TELECOMMUNICATION SECTOR OF PAKISTAN Farheen B. Zaidi 1‚ Zahra Abbas 2 JULY 2011 VOL 3‚ NO 3 Abstract A good reward system is necessary to motivate the employees of an organization. This study was conducted in order to investigate the impact of rewards on the motivational level of employees of telecommunication sector of Pakistan. The impact of
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1.1. INTRODUCTION: Organization is run and steered by people. It is through people that goals are set and objectives are realized. Today’s working culture demands a great deal of commitment and effort from the employees‚ who in turn naturally expect a great deal more from their employers. The development of much more participative style of management in many organizations is a positive step towards meeting such heightened expectations. This participative style can be expressed
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Employee Motivation‚ Recognition‚ and Rewards u06a1 Adriane L Thompson athompson74@capellauniversity.edu BUS 3004 Developing a Business Perspective February 20‚ 2011 Introduction This paper will address why employee motivation‚ recognition and rewards keeps employees working effectively and efficiently. Employee motivation is very important to a company’s production and quality of work‚ It is important for management and companies to recognize employees’ hard work and have an incentive
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literature from works that have already been done on the topic. The literature review was structured in the following form: Introduction‚ motivation‚ the early theorists of motivation‚ and contemporary theorists of motivation. Area of Study 1: Motivation Motivation is defined as the process that initiates‚ guides and maintains goal-oriented behaviors. Motivation is what causes us to act‚ whether it is getting a glass of water to reduce thirst or reading a book to gain knowledge. It involves
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