Profitability Ratios Most firms aim to make a profit. In order to assess the efficiency of a business in achieving this major objective‚ two profitability ratios may be used: the return on capital employed and net profit margin. In both measures‚ a high percentage represents a better performance than a low percentage‚ as a business wants to earn high profits. The gross profit margin This measures the gross profit of the business as a proportion of the sales revenue. It is calculated using
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* Study Question 1: What is organizing as a management function? * Organizing and organization structure * Organizing * The process of arranging people and other resources to work together to accomplish a goal. * Organization structure * The system of tasks‚ workflows‚ reporting relationships‚ and communication channels that link together diverse individuals and groups. * Figure 10.1 Organizing viewed in relationship with the other management functions.
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Health inequalities Numerous research studies had illustrated on the connection between socioeconomic factors and health inequalities in the community‚ which is evident worldwide. According to World Health Organization (2012)‚ health inequality is defined as a disparity in the health status or in the allocation of health determinants between different classes of population. I will like to review on the issue of health inequalities and poverty in Singapore‚ while concentrating on related lifestyle
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eople use dialogue and discussion without thinking about it. It comes naturally. It is hard to notice when one switches between them because it is so natural. However‚ discussion comes to us more naturally than dialogue‚ especially in the times we live. We live lives that suggest we do not have time to open up to many ideas‚ come up with a few then decide whats best. Always moving forward‚ progress is key. But to those people who are patient‚ and open up a conversation through dialogue‚ the possibilities
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What problems did Chris Parson identify as obstacles to growing Linear Systems in the mid-nineties; and what kinds of change strategies did he develop at Linear Systems? 1) According to the case‚ I think there are two main problems as obstacles to growing Linear Systems in the mid-nineties. One of the problems is the law enforcement agencies would not like using digital technology to generate data. Because they think it was easy to alter or multiply the data. This risk will threatened a department’s
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Vietnam is a developing country. It cannot compare about innovation with other countries in the world. Television was developed in Vietnam many years ago. With the development of television‚ brands use television as a method to advertise their brands or their products. Advertising on television is one of the most effective methods to attract customer’s attention‚ especially children. Children play an important role in television advertising. They have great product consumption through influence parents’
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Undoubtedly‚ organizational culture is one of the largest permeations of both identity and success within an organization. Various organizations contain different values‚ beliefs‚ assumptions‚ perceptions‚ artifacts‚ and patterns of behavior depending on the nature of the organization and the goals and standards therein. It is important to understand and differentiate how these organizations facilitate the process of learning culture to their workers and subordinates in a fashion that successfully
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Cost Leadership By definition‚ a cost leadership strategy involves placing great emphasis on efficiency in all organizational activities in order to reduce the overall costs of products delivered to customers. Low cost leadership strategy will work effectively when the organization can provide products/services at a lower cost than the competition. The followings are the realms that we identified as factors for IKEA’s pursuit for “Cost-Leadership” 1. Mail-Order Service‚ Distribution of Catalogue
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TRANSACTIONAL LEADERSHIP STYLE ABSTRACT In this global competitive environment‚ effective leadership style is necessary to reduce the attrition rate. From the effective leadership styles only it is possible to achieve organizational goal productively. This paper wanted to see the transformational and transactional leadership style. Where Transformational leadership can be categorized into Charisma‚ Inspiration‚ Intellectual Stimulation and Individualized Consideration. While in Transactional leadership variables
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Contrasting Servant Leadership to Transactional Leadership Organizational Behavior and Management defines Transactional Leadership as being‚ “Helps the follower identify what must be done to accomplish the desired results (e.g.‚ better-quality output‚ more sales or services‚ reduced cost of production) and ensures that employees have the resources needed to complete the job‚ (Ivancevich‚ Konopaske‚ Matteson‚ p. 453).” Business dictionary defines transactional leader as a‚ “style of leadership that is based
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