1. Introduction Consumers have a number of abiding images of themselves. Those self-images are very closely associated with personal characteristics‚ memories and experiences which are determinants of the influences of self-reference and involvement on consumer behavior. Marketers have long tried to appeal to consumers in terms of self-reference and involvement‚ because according to Bettman‚ Capon and Lutz. consumers combine involvement and self-reference with information about product attributes
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1. What is the importance of interpersonal skills? The importance of interpersonal skills is that you need to understand how to deal with other people and involve your acceptance of others‚ without prejudice in order to achieve your task. 2. What do managers do in terms of functions‚ roles‚ and skills? Management is a process that is used to accomplish organizational goals; that is‚ a process that is used to achieve what an organization wants to achieve. Managers are the people to whom this
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has motivated me to write this book which is based on my own teaching experiences and the feed back of my students. The book includes the background‚ the core concepts‚ and the models of POM. It is readable‚ comprehensive‚ and contemporary in its approach. The concepts of Operations Management have been delivered to the readers in a simple‚ straightforward manner‚ and without mincing the words to avoid dilution of the materials itself. The layout of the book has been organized to give the readers
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Qus4. What are the assumptions of MM approach? Ans. Assumption of the MM approach The MM approach to irrelevance of dividend is based on the following assumptions: * The capital markets are perfect and the investors behave rationally. * All information is freely available to all the investors. * There is no transaction cost. * Securities are divisible and can be split into any fraction. No investor can affect the market price. * There are no taxes and no flotation cost. * The firm
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The sensemaking approach is when people or an organization offer a meaning to an experience by making sense of it. It is how they structure things that they don’t know‚ in order to take action on it. When people experience change‚ they face a gap between their expectations and their counterpart experiences‚ and they start to communicate and act in a systematic and structured way in order to make sense of what is happening. According to Fairhurst and Sarr (1996‚ cited in Bean and Hamilton‚ 2006) “To
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accept · Consistency: standards applied similarly to similar cases · Reversibility: standards that apply no matter who "makes" the rules These are‚ in a sense‚ the rules of the "ethics game"‚ no matter which school or approach to ethics one feels the closest identity. The Utilitarian approach is perhaps the most familiar and easiest to understand of all the four approaches to ethics. Whether we think about it or not‚ most of us are doing utilitarian ethics a much of the time‚ especially those of us in
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Define surface-level diversity and deep level diversity. Explain how surface-level similarity can lead to unfair discrimination. Substantiate your answer with the help of a scenario. Workforce diversity are the ways in which people in an organization are different from and similar to one another. Surface-level diversity can be defined as easily perceived differences that may trigger certain stereotypes‚ but do not necessarily reflect the ways people think or feel. Surface-level diversity includes
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Purpose: This study examined the influence of organizational level on employees’ perceptions and reactions to a complex organizational change involving proposed work force redesign‚ downsizing and a physical move to a new hospital. Methodology/Approach: Participants included executives‚ supervisory and nonsupervisory staff in a major tertiary hospital. Recorded in-depth interviews were conducted with 61 employees about the positive and negative aspects of the change. Findings: Twelve themes were
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An exceedingly strong need to achieve‚ as opposed to a need to be liked‚ or to exercise power. The trait of following through on a commitment‚ not quitting half-way through when the going gets tough. In short‚ perseverance. Positive mental attitude‚ or the ability to remain optimistic in difficult situations‚ which is the result of being self-confident about one’s abilities. Objectivity. The ability to accurately weigh and assess risks associated with a particular course of action‚ as well as
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However‚ when he had got into the diamond market‚ which was a new thing for him‚ he might have not looked back instead he went onto make his time a right time and place a right place. Taking the various situations into consideration‚ the positive approach towards the goal could have been the first and foremost property that might have attributed to Suraj bhai’s success. Other than this there are various things‚ like‚ determination to reach the goal and explore the new beginnings with full of energy
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