The Low Cost Airline: AirAsia A study of opportunities‚ challenges and critical success factors LGT 3007 Air Transport Logistics Introduction History of low cost airlines The low-cost concept became a moneymaker in the United States‚ where it was pioneered in the 1970s by Southwest Airlines‚ the model for budget carriers elsewhere like Ryanair and easyJet in Europe. Definition of low cost airlines A low cost airline generally has many features that differentiate it from the traditional
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Introduction The aim of this report is to understand the consumer’s behaviour and consumer’s perception on IKEA home office furniture and market strategies in terms of brand awareness‚ design‚ price and service. As the consultants of IKEA Company we found from the secondary research that the number of self employed people at home increasing steadily and most of them work at home (Mintel report 2006). The market trend is that people working at home‚ with technological advances and more businesses
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Scientific management theory and the human relations school theory are both theories developed in the 20th century as a means of increasing proficiency and effectiveness as well as profits and outputs in organisations. While the two theories have two different approaches to reaching organisational goals‚ both theories to an extent aim towards similar goals. Scientific Management was developed by Frederick Taylor as a means of replacing old ‘rule of thumb’ methods with scientific methods for best
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Knowledge Management and Creative HRM Professor Ingi Runar Edvardsson University of Akureyri‚ Iceland Occasional Paper 14 Department of Human Resource Management University of Strathclyde 2003 Knowledge Management and Creative HRM Introduction Knowledge management (KM) is about developing‚ sharing and applying knowledge within the organization to gain and sustain a competitive advantage (Petersen and Poulfelt 2002). How‚ then‚ is human resource management (HRM) related to knowledge management
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will concentrate in the emerging roles of human resources professionals in driving organizational change. The human resources role undoubtedly has changed throughout the years for all business enterprises and organizations. Human resources management today does not deal with the basic logistics of hiring employees‚ managing benefits packages‚ implementing company policies‚ and deciding the needs of the organization. In this article‚ the role of the human resources professionals has expanded in playing
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John De La Cruz University of the Philippines in Diliman I. 1. Management Essentials • Management involves setting goals and allocating scarce resources to achieve them. • Management is the process of efficiently achieving the objectives of the organization with and through people. • Primary Functions of Management Planning – establishing goals Organizing – determining what activities need to be done Leading – assuring the right people are on the job and motivated Controlling – monitoring
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Human Resource Management‚ 12e (Dessler) Chapter 1 Introduction to Human Resource Management 1) The basic functions of the management process include all of the following EXCEPT ________. A) planning B) organizing C) outsourcing D) leading E) staffing Answer: C Explanation: The five basic functions of the management process include planning‚ organizing‚ staffing‚ leading‚ and controlling. Outsourcing jobs may be an aspect of human resources‚ but it is not one of the primary management functions.
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STRATEGIC HUMAN RESOURCE MANAGEMENT Strategic human resource management is the process of linking the human resource function with the strategic objectives of the organization in order to improve performance. Strategic management The word ‘strategy’‚ deriving from the Greek noun strategus‚ meaning ‘commander in chief’‚ was first used in the English language in 1656. The development and usage of the word suggests that it is composed of stratos (army) and agein (to lead). In a management context
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Marianne Lewis Bus. 303 Human Resources Management Healthcare Human Resource Management Professor Gwendolyn McCants-Allen February 21‚ 2011 Human resource management is the function performed in organizations that facilitates the most effective use of people (employees) to achieve organizational and individual goals (Ivancevich‚ 2010). In present day society‚ organizations have been confronted with profound transformations in the roles of human resource management and its function. The healthcare
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HRM Early studies on human resource management can be traced under the field of the studies of personnel management (Scott‚ 1915; Asher‚ 1972; Campbell et al.‚ 1970). However a shift from personnel management to HRM occurred in the early 1980’s. Some authors (Storey‚ 1994; Torrington et al.‚ 2008) argue that human resource management has two meanings. According to one of them‚ human resource management covers the same activities that personnel management used to before the shift in
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