considered as the viewing glass or perspective through which individuals see their organization and its environment. Organizations are a variant of clustered entities. An organization can be structured in many different ways‚ depending on their objectives. The structure of an organization will determine the modes in which it operates and performs. Organizational structure allows the expressed allocation of responsibilities for different functions and processes to different entities such as the
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Relevance and implication of business objectives models in terms of Nepalese enterprise. Ans: In much of economic theory‚ it is assumed that a business aims to maximise profits.In reality‚ most businesses which are run for “commercial gain” do have profit maximisation as an important objective – since the shareholders have taken a risk investing in the business and require a return (profit) to compensate them for their risk. Profit maximization is the process by which a firm determines the price
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Organisational Behaviour. The Volta Aluminium Company Limited (VALCO) is an aluminium reduction facility (smelter) located in the industrial seaport city of Tema‚ east of the capital city of Accra. VALCO was originally jointly owned by Kaiser Aluminium and Chemical Corporation (KACC) - 90% and Reynolds Metals Company .The Government of Ghana purchased the 90% shares of KACC in October 2004 and subsequently completed acquisition in June 2008. Therefore‚ currently VALCO is solely owned by the
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References: * Cartwright‚ S and Cooper C.L. (2002). ASSET: An Organisational Stress Screening Tool — The Management Guide. Manchester‚ RCL Ltd. * Tytherleigh‚ M.Y.‚ Webb. C.‚ Cooper‚ C.L. and Ricketts‚ C. (2005). Occupational stress in UK Higher Education Institutions: a comparative study of all staff categories. Higher Education Research & Development‚ Vol 24:1‚ pp 41–61. * Brennan‚ R. T.‚ Barnett‚ R. C.‚ & Gareis‚ K. C. (2001). When she earns more
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SMART OBJECTIVES Goal setting is something most of us recognize as necessary for our success. The establishment of all objectives should be created using the S.M.A.R.T. philosophy. What is meant by S.M.A.R.T. objective? S.M.A.R.T. is an acronym that is used to guide the development of measurable goals. Each objective should be: Specific‚ Measurable‚ Achievable‚ Realistic and Timely SPECIFIC It answers the questions "What is to be done?" "How will you know it is done?" and describes
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CHANGE MANAGEMENt REFERENCES: Organizational Behavior -Stephen P.Robbins Organizational Behavior -Shashi k. Gupta Rosy Joshi www.google.com www.wikipedia.com CHANGE MANAGEMENT =>what is organizational change? >What Is the Meaning of Organizational Change? Organizational change is about reviewing and modifying management structures
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Introduction: The training and development became one of the needs of the organization for developing their employees’ skills and gaining their knowledge and strengthens their abilities. In this report I will explain about the three methods of training that employers use for their trainees. First is the on the job training method‚ second is the off the job training and the third one is the blended training which is mix of on and off the job together. When training‚ employers shouldn’t forget to
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Task -1 1.1 Explain the importance of project management principals‚ and explain how it would support to bring solution for the above scenario (1.1) (M2.1) Project Management What is meant by project management? Project management is simply the way in which different areas that are considered in a particular project concerned are bought together in order to achieve a common goal. There are different views that are given by different people about project management. All these ideas‚ differ from one
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Some role of planning as a primary management function and its evaluation has been described here: * Focus attention on objective: Every organization has its own objective. These objective forces the employees towards the goal of the company. Planning visualize the objective through the execution of work. It keep congruency between the work of employees and the objective of
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EFFECTIVENESS 3.1 3.2 3.3 3.4 3.0 Objectives Introduction Concept of Organisation Structure Components of Organisation Structure Types of Organisation Structure 3.4.1 Functional Structure 3.4.2 3.4.3 Divisional Structure Adaptive Structure 3.5 3.6 Dimensions of Organisation Structure Organisational Design 3.6.1 Classical form of Organisation 3.6.2 3.6.3 Alternate Design Organisational and Mechanistic Design 3.7 3.8 3.9 10.10 Organisational Effectiveness Let Us Sum Up Key Words Terminal
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