Attempting to understand the nature of job satisfaction and its effects on work performance is not easy. For at least 50 years industrial/organizational psychologists have been wrestling with the question of the relationship between job satisfaction and job performance. Researchers have put a considerable amount of effort into attempts to demonstrate that the two are positively related in a particular fashion: a happy worker is a good worker. Although this sounds like a very appealing idea‚ the results
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General Electric Under Jack Welch John Francis Welch‚ Jr.‚ also known as “Jack”‚ became the CEO of General Electric in 1981 and maintained this title for the next 20 years until his retirement in 2001. He was widely known as a “national business hero” because he had a different approach on management that provided increasing results. For this very reason‚ many also despised his tactics. He was very aggressive in cutting out the weak‚ because he believed that it was holding back the company. One
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Myer and Allen (1997). Job satisfaction and employees’ attitude have an effect to the capacity and productivity at the workplace directly. People who are very satisfied with their job often work greater effective or lack of absenteeism‚ quitting job and late for work or lethargy. In Vietnam‚ thank to profound globalization‚ people has especially cared about diversity in organization’s culture and doing many researches to understand more about the level of job satisfaction and attitudes toward work
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Globalization at General Electric Why do you think GE has invested so aggressively in foreign expansion? What opportunities is it trying to exploit? General Electric is one the largest industrial conglomerates in America. It has invested so aggressively in foreign expansion is due to the fact that they want to achieve their main goal which was to be number one or two globally in every business in which it participate. They took opportunities to exploit countries which having economic downturn
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Chapter 6 Perception and Individual Decision Making 6 CHAPTER Perception and Individual Decision Making LEARNING OBJECTIVES After studying this chapter‚ your students should be able to: 1. 2. 3. 4. 5. 6. 7. 8. 9. Define perception‚and explain the factors that influence it. Explain attribution theory‚ and list the three determinants of attribution. Identify the shortcuts individuals use in making judgments about others. Explain the link betweenperception and decision making
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happy‚" he told The World Today. "But what I do know is that the happier your workers‚ the better your business is performing. "It is not unreasonable to aspire to‚ if you are a worker‚ to want to have a good job where you don’t feel like taking sick leave‚ where you don’t feel like changing jobs on a regular basis‚ where you feel valued‚ where you feel that what you do is an intrinsically worthwhile something and where you feel that your potential is being fulfilled." He says happy workers could add
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is headquartered at Connecticut. At present it is chaired by Jeffrey Immelt. The revenue of the company is $182.515 billion.GE operates in more than 100 countries‚ employs more than 320‚000 people worldwide. According to business week survey GE is the fourth most recognised brand in the world. In 2009‚ Forbes has ranked GE as the world’s largest company. At the beginning of the 1980s General Electric determined a goal of increasing its market share. This aim was achieved by acquiring Radio Corporation
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1 Doing Poorly by Doing Good: Corporate Social Responsibility and Brand Concepts CARLOS J. TORELLI ALOKPARNA BASU MONGA ANDREW M. KAIKATI 2 Carlos J. Torelli (ctorelli@umn.edu) is Assistant Professor of Marketing‚ Carlson School of Management‚ University of Minnesota‚ 19th Avenue South‚ Minneapolis‚ MN 55455. Alokparna (Sonia) Basu Monga (alokparna.monga@moore.sc.edu) is Assistant Professor of Marketing‚ Darla Moore School of Business‚ University of South Carolina‚ 1705 College
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Saptarshi Dutta (11DM-140) The General Electric Turnaround (1981-2000) Ranked at number 6 in the fortune 500 list‚ GE is the world’s most valuable and admired company. This status is attributed to the changes made by the company in the two decades from 1981 to 2000 under the leadership of CEO Jack Welch. In the 20 years that Jack led GE’s‚ revenues rose from $30 to $130 billion and company value went from $14 to $410 billion. Jack Welch’s entire strategy took place in 3 waves- First Wave (1981)
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different territories have‚ for a variety of reasons‚ different potentials. In addition‚ the territory that is known to be the toughest will soon require a new sales rep. Company History/Background Canadian Appliance Manufacturing Co. Ltd (CAMCO) was created in 1998 under the joint ownership of Canadian General Electric Ltd. and General Steel Wares Ltd. (G.S.W.). CAMCO purchased the production facilities of Westinghouse Canada Ltd. under which the brand name White-Westinghouse was created. Appliances
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