Question 3 3.1 Highlights two advantages and two disadvantages for each of the following types of organizational structures: 3.1.1. Functional structures According T.N. Chhabra (2003:263)‚ functional structures directs the subordinates throughout the organization in his particular area of business operation. This means that subordinates receive orders and instructions not from one superior but from several functional specialists. In other words‚ the subordinates are accountable to different functional
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decisions and bad decisions? Why do good managers sometimes make wrong decisions? Bad decisions? How might managers improve their decision-making skills? A wrong decision is incorrect‚ immoral; a bad decision is more foolish or inappropriate for the situation. Good managers sometimes make wrong decisions because they lack in skills to make good judgements. Managers can improve their decision-making skills by doing research and attending training seminars. 4. Explain how a manager might deal
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Organisation Structure An organizational structure defines how job tasks are formally divided‚ grouped‚ and coordinated. (Robbins and Judge 2001). Managers need to address six key elements when they design their organization’s structure: work specialization‚ departmentalization‚ chain of command‚ span of control‚ centralization and decentralization‚ and formalization. Work Specialization Describes the degree to which activities in the organization are subdivided into separate jobs. The essence
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MGT322-0605A-11 Unit 4 IP Organizational Structure Abstract: If Mr. Daily from FMC Green River is going to change the structure of the organization‚ there are several things that I think he will need to consider and want to implement in order to ensure a successful organizational change and foster the kind of culture that will thrive and encourage a family like atmosphere where communication is key to the success of the organization. Organizational structure is defined as the formal task and reporting
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Introduction) Tax Structure in Malaysia Generally‚ all income of companies and individuals accrued in‚ derived from or remitted to Malaysia are liable to tax. However‚ income remitted to Malaysia by resident companies (other than companies carrying on the business of banking‚ insurance‚ air and sea transportation)‚ non-resident companies and non-resident individuals are exempted from tax. Apart from income tax‚ there are other direct taxes such as real property gains tax‚ and indirect taxes
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Every single living thing on Earth must have water in order to survive. Even ancient Egyptians thriving in the middle of the sahara desert in the year 2920 BCE could not remain for as long as they did without water. They depended on the Nile for almost everything. It benefitted and supported the people’s lifestyles in several different ways. Their world revolved around the Nile. It provided old essentials such as food‚ water‚ transportation‚ shelter‚ religion‚ and jobs. Now‚ if we want to
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Introduction The context of this paper is to investigate the relationship between capital structure and firm performance on Malaysia plantations industries. According to Brealey and Myers (1988)‚ the capital structure will determine the survival of a business. Damodaran (2001) defined capital structure as the mix of debt and equity used to finance the operation of firms. Capital structure is closed link with corporate performance (Tian and Zeitun‚ 2007). Corporate performance can be measured by
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system"‚ as indicated by this perspective‚ as of late‚ the American south and west have picked up House seats as per demographic changes recorded by the statistics and incorporates more minorities and ladies albeit both gatherings are still underrepresented‚ as per one
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A Brief Tutorial on Drawing Lewis Dot Structures (YouTube references at the end) Procedure for Neutral Molecules (CO2) 1. Decide how many valence (outer shell) electrons are posessed by each atom in the molecule. 2. If there is more than one atom type in the molecule‚ put the most metallic or least electronegative atom in the center. Recall that electronegativity decreases as atom moves further away from fluorine on the periodic chart. Arrangement of atoms in CO2: 3. Arrange
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understand the importance of how you will choose to organize your business from different types of business structures such as sole proprietorship‚ partnership and corporation. This week you will see a brief explanation of each as well as advantages and disadvantage of each of the business structures. Personal Business Structure Sole proprietorships are the simplest of all legal structures but they also lack many of the legal and financial protections of other business. The advantages of a sole
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