and explore various fields. MAYANK AGARWAL OBJECTIVE OF THE STUDY I underwent an organizational study training (OST) at Binani Cement Pvt. Ltd. to acquaint myself with the business environment for a month of 1 month ‚ as a part of MBA curriculum at Christ University. The study was conducted to understand the structure‚ function and process of various departments and their interdependencies. During the course of the study I was able to successfully interact with the employees of the organization
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CHAPTER 1 THE COMMERCIAL ENVIRONMENT INTRODUCTION The commercial environment is the “arena” in which purchasing and supply professionals and many others in business operate. This environment is essentially live and developing all the time and it includes many factors beyond the organisation’s day-to-day control. This ever-changing business environment puts all organisations under pressure to conform‚ adapt‚ innovate‚ or suffer the consequences of any inaction. Continuous appraisal of the
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Introduction Marketers should understand consumer behaviour because it is a very vital component of marketing and an important consideration when constructing a marketing plan. Understanding consumer behaviour helps marketers to improve their strategies because it gives them a much stronger insight in order to develop a strong campaign. (See‚ 2013) It enables you to gain a general idea of how the consumer feels‚ thinks and decisions they make and also why they would choose a certain product/service
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Introduction An organizational culture is established by corporate firm to comprehend with the nature of the workplace. Organizational culture does not have an explicit definition although there have been academic researchers attempting to develop a deep understanding of the literature of managing culture. Organizational culture can be evolved from set of rules laid down from the founder of the organization and further developed to match the changes which are generated from the passage of time
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foundation of the classical organisation theory. 2.1.2 Henri Fayol devised his ideas from his own practical experience. He decided that all business organisations are concerned with more or less the same type of activity and he claimed that his guidelines were universally applicable. He had a set of fourteen principles and his study of management is about planning‚ organising‚ motivation and control. 2.1.3 Even though Henri Fayols guidelines are very easy to understand and are the backbone of
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how can management improve the employment relations at work and help achieve international labour standards? (20 marks) A REPORT ON THE EFFECT OF CHANGING NATURE OF WORK AND EMPLOYMENT PRACTICES IN THE CORE INTERNATIONAL LABOUR ORGANISATION (ILO) STANDARDS AND THE IMPACT ON PSYCHOLOGICAL CONTRACT IN THE MEDIA INDUSTRY IN GHANA PREPARED BY: OTOO AMPIAH & AMPONSAH DOKU AARON ASSOCIATES AUGUST‚ 2012 TABLE OF CONTENTS CHAPTER ONE 1.0 Introduction 1.1 Population Size
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Introduction Organisations’ strategic issues are commonly analysed from different strategy lenses. Strategic lenses are a concept of strategic management. The lenses are different ways of viewing strategy development. It examines the flow of tasks and information‚ or how you get things done. Each lens reveals many different traits and qualities. Using the lens‚ one looks to optimize workflow to meet the goals and objectives of the company. This paper will cover four angles from which strategy
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are used to market products in two organisations Tesco: Growth Strategy Tesco has a well established and reliable strategy for growth‚ which has allowed them to strengthen their business and drive expansion into new markets. The underlying principle for the strategy is to expand the range of business to allow them to deliver strong sustainable long-term growth by following the customers into large expanding markets such as financial services‚ non-food and telecoms and new markets abroad‚ initially
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INTRODUCTION TO CONSUMER BEHAVIOUR Consumer behavior is affected by a host of variables ranging from personal‚ professional needs‚ attitudes and values‚ personality characteristics‚ social economic and cultural background‚ age‚ gender‚ professional status to social influences of various kinds exerted a family‚ friends‚ colleagues‚ and society as a whole. The combination of these factors help the consumer in decision making further Psychological factors that as individual consumer needs
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Resourcing Talent in Organisations Recruitment and Selection Successful talent resourcing is a key component to an organisation’s performance and to gaining competitive advantage. Within a competitive market it is more important than ever that organisations have the best people for each role within the company. Attracting candidates with the right skills‚ experience‚ abilities and attitudes is crucial to any organisation’s success. Organisations will take a number of factors into consideration in
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