Cost Definition: A actual amount that has to be paid or given up in order to get some thing. In business cost is usually a monitory valuation of * Effort * Material * Resources * Time * Utilities consumed * Risk incurred * Opportunity foregone in a product. * Delivery of goods or services. * All expenses and cost Classification of cost Purpose of classification | classification | Preparing External Financial statements | Product classification (Inventoriable)
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MBA(EXECUTIVE) Ist Semester MANAGERIAL ECONOMICS Assignment-1 Q.1 Is managerial economics positive or normative? Analyse the relationship between managerial economics and decision making. Q.2 What are the various factors which may influence the demand for Intermediate goods‚ public goods‚ club goods and complimentary goods? Q.3 Why is demand analysis significant for management? Identify various concepts of demand relevant for various functional areas of management. Q
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International Journal of Business and Management Research‚ Vol. 2 No. 1 2 ‚ December 2012 / 612 ISSN No. 2231 - 248X (Online)‚ 2319 - 2194 (Print) © VSRD International Journals : www.vsrdjournals.com RESEARCH COMMUNICATION FUTURE TRENDS IN HUMAN RESOURCE MANAGEMENT Shil pika Pandey Assistant Professor‚ MBA Department‚ Ambalika Institute of Management & Technology‚ Lucknow‚ Uttar Pradesh‚ INDIA. Corresponding Author : shilpika30@gmail.com ABSTRACT Human Resource
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Introduction Organizational Behavior is the study of what people think‚ feel‚ and do in and around organizations. Organizational Culture is the basic pattern of common assumptions‚ values‚ and beliefs leading the way employees within an organization think about and act on problems and opportunities. Organizational Trends are patterns of change over time in some variable of interest. In this paper we will evaluate two trends in organizational behavior. The influence of ethics on decision-making
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Organizational Behavior Trends The current business environment poses many challenges to the organizations today. Numerous trends greatly affect organization’s behavioral patterns and beliefs. They impact the way decisions are made and the employees’ performances. Nowadays‚ decisions are based not only on step-by-step coherent choices but also on ethical foundations. Changes and trends affect the organizational behavior including management response to the needs of its employees. Innovations
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working environment‚ managers are better equipped to understand and predict how employees behave and react to particular situations in the workplace. A Manager achieves organizational goals through other people. Organizational Behaviour is a field of study that investigates the impact that individuals‚ group‚ and structure have on behaviour within the organizations‚ for the purpose of applying such knowledge toward improving an organization’s effectiveness. French Management Theorist Henri Fayol‚ back
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The current and future trends of nursing are dictated by the needs of the population. Trends such as changing demographics and the need for interdisciplinary education practices are happening because of aging population and complexity of healthcare. At this time‚ citizens born between 1946 and 1964 account for the largest age group in the United States (Sullivan‚ 2016). This increased age range in a large percentage of the population has directed health care towards the trend of population and
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Organizational Trends MGT 307 Organizational Trends Organizations nowadays are striving toward becoming over achievers. With the competition progressing day in and day out‚ companies must work on becoming the best of the best. Companies have begun implementing strategies by becoming high-performance workplaces. An organization focuses on bringing the best out of employees. In this paper the subject to discuss is the characteristics of high-performance workplaces as well as how these organizations
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What is organizational behaviour? How can managers apply it? Explain. Many organizations today‚ employ people of different ethnicity‚ culture and have subsidiaries in various parts of the world. Managers now have to find ways to manage effectively these variables to ensure the goals of the organization are accomplished. Managers get work done through others; therefore they need to have excellent interpersonal skills. As well as plan‚ organize‚ control resources and make good decisions on behave
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Technological Developments: This will require retraining and mid-career training of both workers and managers. Rise of the international corporation is proving new challenges for personnel function. Changing Composition of Work Force: In future‚ women and minority groups‚ SCs and STs would become an important source of man power in future on account of easy access to better educational and employment opportunities. Therefore manpower planning of every organization will have to take into consideration
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