What is Management? Management is the organization and coordination of the activities of a business in order to achieve definite objectives. Management is often included as a factor of production along with machines‚ materials‚ and money. According to the management guru Peter Drucker (1909-2005)‚ the basic task of management includes both marketing and innovation. Practice of modern management originates from the 16th century study of low-efficiency and failures of certain enterprises‚ conducted
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presented his view about the nature of people in his book “The human side of Enterprise [1]”. In order to explain the nature of people McGregor identified two set of assumption known as theory X and Theory Y. With the help of these theories the importance of motivation is discussed in this chapter. Theory X assumptions * Individuals inherently dislike the work and will avoid work if they can. * Mangers have to control‚ direct and coerce employees with punishment to make them work towards
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Importance of ethics 1.0 INTRODUCTION Ethics are involved in all facets of business from decision making to budgeting‚ from personnel issues to leadership. Today’s managers must be able to see the ethical issues in the choices they face‚ make decisions within an ethical framework‚ and build and maintain an ethical work environment. Managers must be particularly sensitive to ethical issues because of their key role as a bridge between upper management and operating employees. However‚ some managers
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Importance of CSR in Inclusive Development Adit Grover Abstract Corporates are aware of the importance of CSR in the present scenario‚ but are not aware of the right kind of CSR activities which would lead to creating an impact in the lives of the people and capacity building. This study will try to bring out the importance of CSR activities to the corporates (Cause Related Marketing) and the role which it can play in brand enhancement. The focus would not only be on impacting lives of the
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Importance of English Learning one of the most used language ‘’English”‚ is very important. There are alot of advantages of English as it helps to find a good job‚ we can communicate with foreigners on holidays and it makes possible to read original books which is better then translated ones. First of all‚ English is very important to find a good job. Sometimes the university which you graduate or the jobs you have been can not be enough to find a good job. Almost in every country‚ all companies’
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in spreading the awareness of education. But‚ in spite of that‚ we can hear a number of cases where almost all the people get the privilege to get educated provided by the governing bodies‚ which is indeed a positive sign. On account of the high importance of education among everyone‚ steps taken by respective governing bodies have eventually led a high literacy rate among many regions. It is on imparting education among all by which one can learn to get civilized and leading their life in a healthy
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First Lt/CMAA ABHAN Chadwick‚ Rebecca‚ D The Importance of being Punctual Although the United States is not the only society that places a high regard on being on time‚ Americans in particular it would seem have been criticized in the past for being a highly time-oriented people‚ and some other cultures may not place the same level of importance on being punctual as exists in the United States today. This sense of being tied to a clock may strike some observers from other cultures as being downright
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The Importance of Grammar When recently considering a skill that many do not have but could benefit from mastering‚ my first thought was the “art of communication.” This subject seemed broad‚ so I began to consider what allows people to communicate effectively‚ both written and verbal. When considering the various communications that I have received in the last week‚ solid grammar usage consistently supported effective communication. Whether the goal is to gain respect as a leader‚ achieve a higher
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The Importance of the Newspaper Newspapers have become a daily necessity for nearly everyone‚ especially in the city where people have to be aware of what is happening around them. Inspite of the television or Internet giving us information on the latest occurances‚ most people still prefer the feel of the actual newsprint. The newspaper is indeed important as it is a powerful tool to inform the public on various issues. It has a wide coverage as the estimated number of readers is about
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underlying international trade‚ reasons for barriers to trade‚ methods of researching the overseas business environment‚ methods used by companies to adapt their products to the needs of overseas markets and alternative market entry strategies. This learning was very useful for me as I was able to know the reasons for businesses to go global and the points that they would need to consider on doing such as the business Marketing Mix Implications‚ Analysing Foreign Market Opportunities and looking at the Level
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