Importance of motivation for workers: Getting the best from people Imagining organizations are where people continually extend their capacity to produce the results they truly desire‚ where new and wide range of thinking are cultivated. Then motivation would be the force behind to lead people within the organizations to act in a certain way. While now the trends in business are changing rapidly‚ competitions are more aggressive than ever. Probably only those organizations that are flexible‚ adaptive
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Goals Planning starts‚ of course‚ with setting goals and objectives. As you know‚ goals are desired qualitative and quantitative results. They are broad in nature and few in number‚ and goals provide a basic direction for the organization ’s management. They should be documented in a clear‚ concise fashion so that they provide
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Importance of Motivation Motivation is a very important for an organization because of the following benefits it provides:- 1. Puts human resources into action Every concern requires physical‚ financial and human resources to accomplish the goals. It is through motivation that the human resources can be utilized by making full use of it. This can be done by building willingness in employees to work. This will help the enterprise in securing best possible utilization of resources. 2. Improves
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PART THREE — The Importance of Ethics Major Purposes of Part Three Part Three focuses on three important subjects—leadership character‚ the role of values‚ and ethics at work. Part Three Objectives After completing Part Three‚ your students should be able to better understand: • How the character of the leader influences the behavior of followers; • The importance of ethics; • The
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. Importance of Marketing 1. Satisfies Human Wants: Marketing plays an important role in the satisfaction of human wants by maintaining regular supply of goods to consumers. It provides better life and welfare to people by satisfying their wants and also by providing useful goods and services which can make their life happy and enjoyable. 2. Provides profit and goodwill to marketing enterprises: Marketing is important to marketing firms as they earn profit by conducting marketing activities
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THE IMPORTANCE OF MATHEMATICS W. T. Gowers It is with some disbelief that I stand here and prepare to address this gathering on the subject of the importance of mathematics. For a start‚ it is an extraordinary honour to be invited to give the keynote address at a millennium meeting in Paris. Secondly‚ giving a lecture on the significance of mathematics demands wisdom‚ judgment and maturity‚ and there are many mathematicians far better endowed than I am with these qualities‚ including several
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"Standard definitions of control use the internationally agreed 10 per cent threshold of voting shares‚ but this is a grey area as often a smaller block of shares will give control in widely held companies. Moreover‚ control of technology‚ management‚ even crucial inputs can confer de facto control.The origin of the investment does not impact the definition as an FDI‚ i.e. the investment may be made either "inorganically" by buying a company in the target country or "organically" by e
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2. Discuss the importance of applying cost-volume-profit analysis to Obiwan Canopy Company. The cost-volume-profit (CVP) analysis is the systematic examination of the relationship between selling prices‚ production volumes‚ costs‚ expenses and profits. This analysis provides very useful information for decision-making in the management of Obiwan Canopy Company (OCC) as they can use it to examine changes in profits in response to changes in sales volumes‚ costs and prices. Firstly‚ OCC can use
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The Importance of English in the World of International Business ‘English is now a global language that belongs to all those who speak it.’ (Nigel Newton‚ publisher) It is the technology that allows people to travel further and faster than ever before. It is the Internet that links people regardless their nationalities and countries they live in. And technology is also the reason why lots of business people are active globally and why more and more entrepreneurs are on the move than ever
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Introduction: HRM‘s role and importance within an organization has increased rapidly in the modern business world as the individuals’ inputs are becoming increasingly important to the organization’s performance. Hence HRM is becoming more important as it plays an important role in the people-aspect and social-aspect of the organization. This paper will briefly explain the definition of HRM and its history. Then this paper will list and explain the important functions of HRM. Furthermore‚ this
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