For the exclusive use of W. Zhou‚ 2015. HK1007 ALI FARHOOMAND SAMSUNG ELECTRONICS: MANAGING INNOVATIONS IN AN ECONOMIC DOWNTURN At Samsung Electronics‚ we believe that crises are opportunities for innovation and that change is about action. It takes a different kind of strategy to navigate tough economic times and become one of the world’s leading companies. And we have what it takes to get there.1 This is a time of real crisis. Global companies are crumbling. We don’t know what will happen to
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An organogram of ministry of Education Sports Arts and Culture An organogram is a hierarchical structure of an organization which establishes relationship between activity and authority under certain management. According to Plunkett 1993 ‚ it have four distinctive activities that are; ➢ To determine what work activities have to be done to accomplish organizational objectives. ➢ To classify the type of work needed and groups work into
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To prove this statement‚ the expose will focus on the model of Maslow’s hierarchy of needs‚ after giving a brief description of motivation. In addition the paper will examine how‚ according to Maslow‚ managers can satisfy these needs in a company. Furthermore the weaknesses are pointed out‚ also with the help of research studies. At the end‚ Alderfer’s ERG Theory is compared to Maslow’s theory ‚ as he reshaped the hierarchy of needs‚ which will provide a better understanding of Maslow’s theory and
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• Abraham Maslow’s hierarchy of needs states that there are four types of needs that must be satisfied before a person can act unselfishly. As Figure 10.1 shows‚ the needs are arranged in a hierarchical order. The upward climb is made by satisfying one set of needs at a time. The most basic drives are physiological. After that‚ comes the need for safety‚ then the desire for love‚ and then the quest for esteem. Note the softening of terminology used to describe the move up the ladder. We’re driven
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We were assigned with the task of designing and building a digital clock that displays the time in Binary. First a power supply that outputs a 60Hz square wave is fed into the circuit. We used 74160 decade counters in the project. A 74160 divided the clock down to 6Hz‚ and then a truncated 74160 divided it down to a 1Hz wave that would be the input for the clock. This clock will display in military time. The 1HZ is equal to one second and is fed into the first 74160. There are six 74160 counters
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pushed hard for academic success. As a child he was smart yet shy and unhappy; as result he took refuge in reading books. Forty years later‚ after extensive education and research‚ Maslow developed the theory of human motivation known as “Maslow’s Hierarchy of Needs.” As a psychologist‚ he noted that some human needs were more powerful than others. Therefore he divided those needs into five general categories ranging from most urgent to most advance. Maslow first published his theory in the 1940s‚
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Brand Hierarchy BIC Corporation consists of various divisions including three main categories; stationery‚ shavers and lighter. It also contains other products‚ which include promotional products‚ BIC Sports and BIC phone. The brand hierarchy of BIC Corporation is well-shown in the figure 1. Figure 1. Brand hierarchy model of BIC Corporation BIC Stationery categorizes products based on their features and functions; writing‚ correction‚ marking‚ coloring and drawing. Main products of BIC Stationery
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CASE 1: LG Vs SAMSUNG Question 1 Why do you think LG lost its lead in the consumer electronics sector in India to SAMSUNG? From the cases LG misinterpret the customer needs. LG was to focus on its appliances categories such as fridge and any other in-house appliances which is an item that people do not buy every day‚ while Samsung do not focus into one category. Unlike fridge the mobile phone market is emerging like a wild fire‚ this is because majority of people change their mobile phone once
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Police hierarchy has been around since the late 1800s. Almost all law enforcement agencies follow the same organizational structure. Departments can have different variations of titles but essentially have the same functions and responsibilities. Rank is structured in a top down type of hierarchy. “This means that problems that cannot be solved at one level continue to rise through each hierarchical level until a resolution is reached” (Johnson‚ 1994). At the top we have chief‚ then assistant
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Discuss Maslow’s hierarchy of need and suggest ways in which it might be useful when working with children and young people. Maslow (1943) devised a pyramid of needs which has five levels‚ and are arranged in a hierarchy of how important they are for survival. These are‚ in order: physiological needs‚ safety and security needs‚ belongingness‚ love and social‚ esteem needs and self actualization. Self actualization is defined as “the desire to become more and more what one is‚ to become everything
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